Shipping

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


Friday, November 8, 2024
Containers are seen stacked at the Yangshan Deep-Water Port
Shipping

Asia-Europe Container Spot Rates Surge – What’s Fueling the Off-Season Spike?

By Gavin van Marle (The Loadstar) – Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as

November 8, 2024
Total Views: 668

Thursday, November 7, 2024
Stock photo of the bow of a ship at anchor
Shipping

Cyprus Giants Unite: InterMaritime Shipmanagement Launches with Over 170 Vessels

Cyprus-based Intership Navigation and Interorient Shipmanagement have announced a monumental merger of their ship management activities, including

November 7, 2024
Total Views: 1526

Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos
Shipping

Trump’s Tariff Plan: What It Could Mean for U.S. Farmers and China

By Mei Mei Chu BEIJING, Nov 7 (Reuters) – Chinese imports of U.S. farm goods, which have slowed since the trade war during Donald Trump’s

November 7, 2024
Total Views: 2907

The Prosperity FPSO at Payara, Guyana’s third offshore oil development on the Stabroek Block. Photo courtesy ExxonMobil
Offshore

ExxonMobil Guyana Acquires FPSO Prosperity

ExxonMobil Guyana has completed the purchase of the Floating Production, Storage, and Offloading (FPSO) Prosperity from SBM Offshore. The strategic

November 7, 2024
Total Views: 1910

Arctic LNG 2 employee overlooking the Belokamenka construction yard. (Source: Novatek)
Shipping

Could Trump’s Comeback Reshape the Future of Russia’s Flagship Arctic LNG 2 Project?

As U.S.-Russia Relations Hang in the Balance, Could Trump Shift the Course of Arctic LNG 2? The geopolitical landscape surrounding Russia’s flagship

November 7, 2024
Total Views: 1089

Freeport LNG Ship Terminal Texas
Shipping

Biden Climate Study Could Sabotage Trump’s Fast-Tracking of LNG Exports

By Ari Natter and Ruth Liao (Bloomberg) — The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s

November 7, 2024
Total Views: 1354

LNG carrier at dusk
Shipping

Further Challenges Ahead for Russia’s LNG ‘Shadow Fleet’ as Panama Cancels Vessel Registrations

By Malte Humpert (gCaptain) – Russia’s nascent LNG shadow fleet continues to encounter choppy waters. Following the de-flagging of several vessels by the

November 7, 2024
Total Views: 2418

Wednesday, November 6, 2024
The newest ultra large container ship Manila Express of Hapag-Lloyd with container cranes at the Burchardkai in the in the Port of Hamburg
Shipbuilding

Hapag-Lloyd Orders 24 Dual-Fuel Containerships for $4 Billion

German liner Hapag-Lloyd has inked contracts with two prominent Chinese shipyards for 24 new state-of-the-art containerships valued at around US $4 billion The

November 6, 2024
Total Views: 1706

Container ships and oil tankers wait in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles.REUTERS/Lucy Nicholson/File Photo
Shipping

Mixed Bag for Shipping Stocks as Investors Weigh Trump Win

U.S.-listed shipping stocks were a mixed bag on Wednesday following President Donald Trump’s re-election as investors responded to anticipated policy

November 6, 2024
Total Views: 1173

An LNG carrier at night
Featured

Panama Pulls Flag on Sanctioned LNG Carriers in Crackdown on Russia’s Shadow Fleet

In response to recent U.S. sanctions, the Panama Maritime Authority (PMA) has initiated the process to deregister four LNG carriers linked to Russian gas

November 6, 2024
Total Views: 15032

u.s. china trade war
Shipping

U.S. Suppliers, Importers Prepare for Promised Trump Tariffs

By Lisa Baertlein, David Kirton LOS ANGELES, Nov 6 (Reuters) – Some U.S. businesses are activating plans to protect their businesses from

November 6, 2024
Total Views: 1667

A screenshot of video posted to social media appears to show a low-flying drone and explosions at Kaspiysk’s port
Shipping

Ukraine Says Drone Strike Hits Port in First Caspian Sea Attack

(Bloomberg) — Ukraine said a drone strike hit a naval base in a port city on Russia’s Caspian Sea coast, in Kyiv’s first-ever attack on a target in

November 6, 2024
Total Views: 2145

Republican presidential nominee and former U.S. President Donald Trump is interviewed by Bloomberg Editor-in-Chief John Micklethwait at the Economic Club of Chicago in Chicago, Illinois, U.S. October 15, 2024.
Shipping

NRF Warns Trump Tariffs Could Slash Consumer Spending Power by Billions

A newly released study by the National Retail Federation (NRF) paints a stark picture for American consumers: if President-elect Donald Trump’s proposed

November 6, 2024
Total Views: 1317

Stock photo of a tanker at sea
Shipping

Trump Could Harden Iran Oil Stand But Raise China Ire

WASHINGTON, Nov 6 (Reuters) – Former President Donald Trump’s return to the White House could mean tougher

November 6, 2024
Total Views: 854

French frigate escort. Photo: EUNAVFOR
Shipping

Red Sea Crisis Pushes Idle Containership Fleet to Record Low as Global Demand Soars

As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity,

November 6, 2024
Total Views: 1307

Tuesday, November 5, 2024
A screenshot of a video posted to Youtube shows an OOCL containership rolling heavily. Image courtesy Youtube
Featured

Viral Video of OOCL Containership’s Wild Ride Resurfaces, Highlighting the Dangers of Parametric Rolling

An intense clip of an OOCL containership battling rough seas has resurfaced on social media, captivating viewers—and for good reason. This dramatic footage,

November 5, 2024
Total Views: 36100

port of shanghai yangshan at dusk
Shipping

Shanghai Port Steps Up with a Green Plan to Rival Singapore’s Bunkering Empire

(Bloomberg) — The government in Shanghai wants to convert the world’s busiest port into a center for greener shipping. China’s biggest city aims to

November 5, 2024
Total Views: 754

China Oil tanker at PDVSA's Jose Antonio Anzoategui industrial complex
Shipping

Shell Game on the High Seas: U.S. Busts Turkish National in Venezuela Oil Smuggling Ring

A 37-year-old Turkish national has been apprehended in Miami on charges of conspiring to violate U.S. sanctions on Venezuela and the Maduro regime. The arrest

November 5, 2024
Total Views: 2148

armed guards
Shipping

Russia’s Oil Fleet and the Floating Armories That Help Keep Profits Flowing

By Alberto Nardelli, Aine Quinn, Ben Bartenstein and Jonathan Browning (Bloomberg) Somewhere off the coast of Eritrea on July 20th last year, the Vernadsky

November 5, 2024
Total Views: 2257

ALNG2 sunset
Featured

U.S. Sanctions Fail to Stop Chinese Power Plant, Delivery Salvages Next Stage of Russian Arctic LNG Plant

By Malte Humpert (gCaptain) –  Russia has taken a major step towards commissioning the second production line of the country’s flagship liquefied natural

November 5, 2024
Total Views: 9762