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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.


Thursday, May 18, 2023
oil tanker
Shipping

US, UK, Others Seek to Target Illicit Oil Transfers at Sea

LONDON, May 18 (Reuters) – The U.S., UK, Denmark and other countries have called for more action, including increased surveillance, over the

May 18, 2023
Total Views: 839

Wednesday, May 17, 2023
Russian Oil Finds Buyers in Asia
Shipping

Russian Oil Finds Buyers in Asia

By Sharon Cho, Rakesh Sharma and Prejula Prem (Bloomberg) — Russia is finding oil customers in Asia to replace sanctions-blocked European buyers — by

May 17, 2023
Total Views: 9218

leyal ship recycling
Shipping

BIMCO Predicts Unprecedented Surge in Ship Recycling

The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the next decade, with more than 15,000

May 17, 2023
Total Views: 2835

Search Underway as Chinese Fishing Vessel Capsizes in Remote Area of the Indian Ocean
Fishing

Search Underway as Chinese Fishing Vessel Capsizes in Remote Area of the Indian Ocean

The Australian Maritime Safety Authority (AMSA) is coordinating an international search effort to locate a missing Chinese fishing vessel that is believed to

May 17, 2023
Total Views: 3908

MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipping

MSC and CMA CGM Out in Front in Box Fleet-Building Race

By Mike Wackett (The Loadstar) – MSC’s phenomenal growth over the past two years has largely been driven by acquisition of second-hand containerships,

May 17, 2023
Total Views: 3138

A view shows silos of grain from Odesa Black Sea port, before a shipment of grain as the government of Ukraine awaits signal from UN and Turkey to start grain shipments, amid Russia's invasion of Ukraine, in Odesa, Ukraine July 29, 2022.
Shipping

Black Sea Grain Deal Extended for Two Months

ANKARA/UNITED NATIONS, May 17 (Reuters) – The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General

May 17, 2023
Total Views: 1092

The Stena Immaculate and Stena Imperative, which have both been selected for the Tanker Security Program. Photo courtesy Crowley
Shipping

Crowley-Managed Stena Bulk Tankers Picked for MARAD’s Tanker Security Program

Three Crowley-managed tankers have been chosen by the U.S. Maritime Administration (MARAD) to participate in the Tanker Security Program (TSP), aimed at

May 17, 2023
Total Views: 2865

Stacked containers and cranes are shown at the Port of Los Angeles in Los Angeles, California, U.S. November 22, 2021. REUTERS/Mike Blake
Shipping

US Supply Chain Woes Shift and Persist in 2023

CHICAGO, May 17 (Reuters) – The U.S. supply chain is healing from early pandemic shocks that sent shipping costs sky rocketing and squeezed supplies

May 17, 2023
Total Views: 1960

Tuesday, May 16, 2023
Port Houston Sees Surge in Container Exports
Ports

Port Houston Sees Surge in Container Exports

As U.S. imports continue to come in well below last year’s records, Port Houston has announced that its container exports are surpassing historic volumes

May 16, 2023
Total Views: 2737

IMO Grain JCC
Shipping

Black Sea Grain Corridor Nearly Void of Ships as Russia’s Exit Looms

By Megan Durisin and Áine Quinn (Bloomberg) — Only seven crop vessels remain in the Ukraine crop corridor as Russia threatens to exit the grain pact

May 16, 2023
Total Views: 3992

LNG Exporters Eye New Australia Growth as Profit Boom Fades
Shipping

LNG Exporters Eye New Australia Growth as Profit Boom Fades

(Bloomberg) — Liquefied natural gas exporters aim to advance multibillion-dollar projects and revive the sector’s growth in Australia, arguing

May 16, 2023
Total Views: 1097

Euronav’s Long-Time CEO Hugo De Stoop Ousted
Shipping

Euronav’s Long-Time CEO Hugo De Stoop Ousted

In a surprise move, Euronav has announced that the company and its long-time CEO Hugo De Stoop are parting ways with immediate effect. His departure was made

May 16, 2023
Total Views: 1338

Black Sea Grain Deal Expiration Unlikely to Pose Threat to Global Supplies, For Now
Shipping

Black Sea Grain Deal Expiration Unlikely to Pose Threat to Global Supplies, For Now

By Sybille de La Hamaide GENEVA, May 16 (Reuters) – The end of the Black Sea grain deal would not pose an immediate threat to the world market

May 16, 2023
Total Views: 837

lng bunkering
Shipping

Platts Launches Tanker Freight Benchmark Incorporating Alternative Fuel

Platts, a prominent provider of information and benchmark prices for the commodities and energy markets, has announced the launch of new tanker rate price

May 16, 2023
Total Views: 664

Monday, May 15, 2023
Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi in Istanbul. REUTERS/Umit Bektas
Shipping

UN Continuing Efforts to Save Black Sea Grain Deal

UNITED NATIONS, May 15 (Reuters) – The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe

May 15, 2023
Total Views: 545

HMM Revenue Plunges, Prompting Measures to Counter Economic Downturn
Shipping

HMM Revenue Plunges, Prompting Measures to Counter Economic Downturn

South Korean shipping line Hyundai Merchant Marine (HMM) has announced plans to reign in costs as it reports a significant decline in its financial performance

May 15, 2023
Total Views: 1478

LNG Terminal in Germany. Photo Michael Sohn/Pool via REUTERS
Shipping

Germany Scales Down LNG Terminal Plans As Supply Crisis Eases

BERLIN, May 15 (Reuters) – Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, a government

May 15, 2023
Total Views: 1430

Low-Emission Short-Sea Cargo Ship Project Wins Enova Funding
Environment

Low-Emission Short-Sea Cargo Ship Project Wins Enova Funding

Enova, the Norwegian government fund, has announced a grant of NOK 130 million (US $12.25 million) to Skarv Shipping Solutions AS for the acquisition of three

May 15, 2023
Total Views: 1643

container ship
Shipping

Italy’s Exports to China Are Booming and It’s Not Clear Why

(Bloomberg) — Italy’s exports to China have tripled in little more than a year. The problem is, even the experts are struggling to explain why.

May 15, 2023
Total Views: 1713

Friday, May 12, 2023
A containership at the Port of Long Beach
Shipping

Trade Soft at Port of Long Beach

Cargo container traffic slowed at the Port of Long Beach in April as consumers continued to limit purchases and shippers shuffled trade from the West Coast to

May 12, 2023
Total Views: 2690
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.