Shipping

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


Wednesday, June 23, 2021
Shipping

Elon Musk’s Boring Company Pitching Wider Freight Tunnels for Containers

By Sarah McBride (Bloomberg) — Elon Musk’s tunneling startup the Boring Co. is working on much wider tunnels than publicly announced, which

June 23, 2021
Total Views: 4910

Oil tankers pass through the Strait of Hormuz
Shipping

U.S. Denies Iran Claim on Lifting Oil and Shipping Sanctions

By Parisa Hafezi and Humeyra Pamuk DUBAI/BERLIN, June 23 (Reuters) – Iran said on Wednesday the United States had agreed to remove all sanctions on

June 23, 2021
Total Views: 1752

Tuesday, June 22, 2021
containership
Shipping

MPCC to Acquire Songa Container, Adding 11 Ships to Feeder Fleet

Oslo-based MPC Container Ships (MPCC) has entered into an agreement to acquire Songa Container AS and its fleet of 11 container smaller containerships for $210

June 22, 2021
Total Views: 1130

hapag-lloyd ship
Shipbuilding

Hapag-Lloyd Places New Order for Ultra-Large Containerships

Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME),

June 22, 2021
Total Views: 3397

Shipping

Carrier Schedule Reliability ‘Through the Floor’ and There’s No Relief in Sight

By Mike Wackett (The Loadstar) – Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight.

June 22, 2021
Total Views: 2558

seafarer-ship-crew-covid-temp-checkjpg
Shipping

No Vaccine At Sea And Still They Worked On…

By Frank Coles (OpEd) – So there is no misunderstanding, I am not a raving lunatic, just a frustrated mariner. I get the complications of COVID, the

June 22, 2021
Total Views: 3418

Monday, June 21, 2021
Frank Coles CEO
Shipping

Seafarers Need To Strike, Says Frank Coles

By John Konrad (gCaptain) Last week maritime influencer Lena Göthberg published the 165th episode of her popular Shipping Podcast, and the content was

June 21, 2021
Total Views: 16025

zim alibaba cooperation agreement
Shipping

ZIM and Alibaba Extend Direct Sea Freight Agreement

Israeli liner shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and e-commerce giant Alibaba.com will extend their cooperation agreement for

June 21, 2021
Total Views: 1321

containership
Environment

Trafigura Calls on IMO to Up the Pace on CO2 Curbs

By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions

June 21, 2021
Total Views: 798

Friday, June 18, 2021
shipping container
Shipping

Mitsubishi HC Capital Pays Premium to Acquire Container Leasing Giant CAI International

Tokyo-based finance firm Mitsubishi HC Capital Inc. will acquire all outstanding shares of CAI International (NYSE: CAI), one of the world’s leading marine

June 18, 2021
Total Views: 2175

shipping containers
Shipping

‘Yantian Effect’ Could Cause Shortage of Goods as Freight Rates Set to Stay High

By Nick Savvides (The Loadstar) – Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely

June 18, 2021
Total Views: 2802

Thursday, June 17, 2021
Shipping

Spain Detains Tanker for Dumping Oil Off Canary Islands

MADRID, June 17 (Reuters) – Spain has detained a tanker ship for illegally dumping fuel in waters off the Canary Islands and creating a 55-square km (21

June 17, 2021
Total Views: 4767

IMO greenhouse gas emissions
Shipping

MEPC 76: Everything You May Have Missed

The International Maritime Organization’s Marine Environment Protection Committee has concluded its 76th meeting (known as MEPC 76), held remotely from

June 17, 2021
Total Views: 3196

maersk arctic
Shipping

IMO Adopts MARPOL Amendments to Ban Heavy Fuel Oil in the Arctic

The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 76) has agreed to prohibit the use of heavy fuel oil in the

June 17, 2021
Total Views: 1860

imo headquarters
Environment

IMO Adopts New Measures to Cut Ship Emissions as Critics Call for More

The IMO’s Marine Environment Protection Committee (MEPC 76) adopted amendments to the International Convention for the Prevention of Pollution from Ships

June 17, 2021
Total Views: 1476

cargo ship emissions
Shipping

HFO Getting a Boost From Beijing and Hot Weather

By Elizabeth Low (Bloomberg) — High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use

June 17, 2021
Total Views: 1188

nautical chart
Environment

IMO MEPC 76 Wraps: The Voyage Starts, With Many Shoals Ahead

By Barry Parker The IMO’s Secretary General, Mr. Kitack Lim, had laid down the gauntlet to delegates participating in the Marine Environment Protection

June 17, 2021
Total Views: 3131

Cargo ship Guangdong Port
Ports

China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos

By Bloomberg News (Bloomberg) — The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery

June 17, 2021
Total Views: 5912

Wednesday, June 16, 2021
offshore oil rig
Shipping

Wage Deal Averts Norwegian Offshore Oil Strike

OSLO, June 17 (Reuters) – Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing

June 16, 2021
Total Views: 2077

The motor vessel Triton becomes the largest ship to transit the Expanded Panama Canal
Shipping

Longer Vessels Now Allowed to Use Expanded Panama Canal

Longer and deeper ships will now be able to use the expanded Panama Canal. After almost five years since the inauguration fo the Neopanamax locks, the Panama

June 16, 2021
Total Views: 4775