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


Friday, March 17, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Is Container Shipping’s Rate Erosion Over?

By Mike Wackett (The Loadstar) – The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe

March 17, 2023
Total Views: 4974

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

Ukraine Grain Deal Renewal Still Unresolved a Day Before Expiration

By Megan Durisin, Áine Quinn and Selcan Hacaoglu (Bloomberg) — The extension of the deal that’s bolstered Ukraine’s crop exports is still clouded

March 17, 2023
Total Views: 648

Thursday, March 16, 2023
Stock photo of an lng carrier at sunset
Shipping

Repsol Scraps Bid to Ship Canadian Gas to Europe Over Rising Costs

By Brian Platt (Bloomberg) — Spanish energy firm Repsol SA has abandoned the idea of expanding a liquefied natural gas terminal on Canada’s east

March 16, 2023
Total Views: 2447

AFIF Hapag-Lloyd
Shipping

THE Alliance Ships End Backhaul Cape Diversions

By Mike Wackett (The Loadstar) – Hapag-Lloyd has confirmed that THE Alliance vessels deployed on the Asia-North Europe tradelane are no longer making a

March 16, 2023
Total Views: 2664

Chevron Asks Venezuela to Dredge Lake to Help Boost Oil Exports
Shipping

Chevron Asks Venezuela to Dredge Lake to Help Boost Oil Exports

By Fabiola Zerpa and Nicolle Yapur (Bloomberg) — Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount

March 16, 2023
Total Views: 2531

bulk ship
Shipping

Baltic Dry Index Snaps 19-Day Winning Streak

March 16 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its 19-session

March 16, 2023
Total Views: 818

Wednesday, March 15, 2023
All-Female SpaceX Crew Makes Space Recovery History
Shipping

All-Female SpaceX Crew Makes Space Recovery History

Elon Musk’s SpaceX is making a little bit of history this week with what is believed to be the first all-female crew involved the space recovery

March 15, 2023
Total Views: 14304

bunkering operations
Shipping

UAE Bunkering Hub Falling Behind on Alternative Fuels

By Jeslyn Lerh DUBAI, March 15 – UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets

March 15, 2023
Total Views: 1604

Stock photo of an oil tanker moored at sea
Ports

Sentinel Sees Gulf Coast Deepwater Port Approval Coming Next Year

The 1 million-barrel-per-day GulfLink project is one of three proposed deepwater oil export terminals along the Gulf Coast with pending applications with the

March 15, 2023
Total Views: 1687

Ocean Network Express ship
Shipbuilding

ONE Adds to Orderbook with Order for Ten Large Containership

Despite falling freight rates and uncertainty regarding consumer demand, container shipping’s ordering spree continues with Japanese shipping line Ocean

March 15, 2023
Total Views: 2742

China’s Coast Guard Enters Disputed Waters in East China Sea
Shipping

China’s Coast Guard Enters Disputed Waters in East China Sea

BEIJING, March 15 (Reuters) – China’s coast guard entered the waters around disputed East China Sea islets on Wednesday to

March 15, 2023
Total Views: 21520

DP World Looks to Develop Warehousing at UK’s Southampton Port
Shipping

DP World Looks to Develop Warehousing at UK’s Southampton Port

By Brendan Murray (Bloomberg) — DP World Ltd. is looking to expand operations at the UK’s Port of Southampton by developing warehouse space to meet

March 15, 2023
Total Views: 1206

Tuesday, March 14, 2023
A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Ports

Slow Trade Continues at Port of Long Beach

The Port of Long Beach is reporting another soft month in February amid to full warehouses, reduced consumer spending and the closure of east Asian factories

March 14, 2023
Total Views: 2971

Stock photo of a tanker at sea
Shipping

Russian Oil Floods UAE’s Fujairah Port

By Jeslyn Lerh DUBAI, March 14 (Reuters) – Oil storage demand and transit volumes are poised to grow further at the United Arab

March 14, 2023
Total Views: 5018

hastings bulk carrier coal ships shipping iron ore newcastle
Shipping

China Lifts Unofficial Ban on Australian Coal

By Bloomberg News (Bloomberg) — China will allow all domestic companies to import Australian coal, signaling an end to trade restrictions imposed in

March 14, 2023
Total Views: 2260

Aerial top view of a containership underway
Shipping

More Bad News for Ocean Carriers as Rate Erosion Continues

By Mike Wackett (The Loadstar) – Ocean carriers are writing-off the first six months of this year, banking on a restocking demand boost in H2 to

March 14, 2023
Total Views: 3333

smoke pollution coming from a container ship
Shipping

Why the Global Shipping Industry is Struggling to Clean Up its Act

By William Ralston (Bloomberg) — Singapore-based BW LPG goes about its business differently than many shipowners. If during a vessel’s passage it

March 14, 2023
Total Views: 7144

Monday, March 13, 2023
Australia’s Submarine Program with U.S. and Britain Could Could Run Up to $245 Billion
Shipping

Australia’s Submarine Program with U.S. and Britain Could Could Run Up to $245 Billion

By Lewis Jackson CANBERRA, March 14 (Reuters) – Australia’s nuclear-powered submarine program with the United States and Britain

March 13, 2023
Total Views: 2919

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Venezuela to Ship Oil to Cuba on Blacklisted Supertanker

By Marianna Parraga March 13 (Reuters) – Venezuela’s state-run oil company PDVSA on Monday was loading a supertanker with crude and fuel for

March 13, 2023
Total Views: 8563

Starlink logo on a computer
Shipping

Anglo-Eastern Installs Starlink Internet Service on First of More Than 200 Managed Ships

Hong Kong-based ship manager Anglo-Eastern says it has rolled out SpaceX’s Starlink broadband internet service on an initial dozen vessels with more than 200

March 13, 2023
Total Views: 6975
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.