Shipping

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


Thursday, March 21, 2024
The Indian Navy rescues the MV RUEN in the Indian Ocean off the coast of Somalia, March 16, 2024. Photo courtesy Indian Navy
Piracy

Return of Somali Pirates Adds to Crisis for Global Shipping

By Giulia Paravicini, Jonathan Saul and Abdiqani Hassan MOGADISHU, March 21 (Reuters) – As a speed boat carrying more than a dozen Somali

March 21, 2024
Total Views: 2475

Shipping

Study Reveals US Offshore Wind Projects Could Lower Costs, Bolster Grid Reliability

The U.S. Department of Energy (DOE) has released the findings from a two-year-long study evaluating transmission options to support offshore wind energy

March 21, 2024
Total Views: 734

Shipping

Global Trade Expected to Rebound in 2024, UNCTAD Reports

Global trade is projected to recover in 2024, bouncing back from a downward trend seen in 2023, according to a new report from the United Nations Conference on

March 21, 2024
Total Views: 773

Shipping

Houthis Agree to Give China and Russia Ships a Pass in Red Sea

(Bloomberg) — The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked,

March 21, 2024
Total Views: 4860

Wednesday, March 20, 2024
Shipping

Shippers Turn to Longer-Term Charters as Tanker Supply Tightens

By Arathy Somasekhar and Georgina McCartney HOUSTON, March 20 (Reuters) – Rising oil tanker chartering rates due to

March 20, 2024
Total Views: 1414

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Forced to Balance Shipping Demand with Need for Drinking Water

By Anastasia Moloney PANAMA CITY, March 20 (Thomson Reuters Foundation) – As a colossal Chinese container ship maneuvered into the narrow Miraflores

March 20, 2024
Total Views: 3064

Shipping

India’s Reliance Refusing Sovcomflot Oil Cargoes After Sanctions

NEW DELHI/MOSCOW, March 20 (Reuters) – India’s Reliance Industries, operator of the world’s biggest refining complex, will not buy Russian

March 20, 2024
Total Views: 1603

An Indian Navy helicopter hovers over captured pirates on the deck of the MV Ruen after retaking the ship. Photo courtesy Indian Navy
Piracy

India to Prosecute 35 Somali Pirates Over RUEN Hijacking

By Krishn Kaushik NEW DELHI, March 20 (Reuters) – India will bring in and prosecute 35 Somali pirates its navy captured on a hijacked ship off

March 20, 2024
Total Views: 2087

Tuesday, March 19, 2024
Shipping

Tanker Operators Navigate Russian Crude Trade Amid Sanctions

Despite restrictions, the Russian crude trade is expected to continue at discounted prices, benefiting the crude tanker market for vessels not subject to

March 19, 2024
Total Views: 1273

Shipping

Two Tankers With Russian Crude Idle for Weeks Off India

By Sherry Su (Bloomberg) — Two tankers carrying Russian flagship Urals crude have been idling off the West Coast of India for more than three weeks

March 19, 2024
Total Views: 5079

Shipping

Nike Commits to Sustainable Biofuel for Portion of CMA CGM Cargo Volumes

Sports apparel leader Nike has teamed up with French shipping group CMA CGM to reduce the carbon emissions from its ocean shipping, part of a broader strategy

March 19, 2024
Total Views: 953

Shipping

Panama Has No knowledge of Iranian-Owned Ships on Registry

PANAMA CITY, March 18 (Reuters) – Panama’s maritime authority said on Monday it has no knowledge of ships owned by Iranians being in its

March 19, 2024
Total Views: 2279

Shipping

Shadow-Fleet Tanker Damaged in Collision Near Denmark

(Bloomberg) — A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the

March 19, 2024
Total Views: 6309

Shipping

The Alliance Reinstates Transpacific Service to Reassure Shippers

By Martina Li in Taiwan (The Loadstar) – To reassure shippers that its transpacific coverage will remain strong, THE Alliance (Hapag-Lloyd, ONE, HMM and

March 19, 2024
Total Views: 1663

Monday, March 18, 2024
Shipping

U.S. Maritime Administration Issues New Advisory Amid Rising Maritime Threats in Middle East

In response to escalating regional conflicts in the Middle East, the U.S. Maritime Administration has issued a new advisory to shipping that enhances previous

March 18, 2024
Total Views: 2234

The Indian Navy rescues the MV RUEN in the Indian Ocean off the coast of Somalia, March 16, 2024. Photo courtesy Indian Navy
Piracy

Somali Pirate Threat Remains After RUEN Release

The European Union’s Operation ATALANTA says multiple pirate action groups may still be operating in the Indian Ocean following the rescue of the MV Ruen and

March 18, 2024
Total Views: 7097

Shipping

Salvage of Houthi-Hit Vessels Complicated by Continuing Attacks

By Gloria Dickie and Lisa Baertlein LONDON/LOS ANGELES, March 18 (Reuters) – Efforts to limit environmental damage from a cargo vessel that

March 18, 2024
Total Views: 2596

Shipping

Pressure Builds for Charge on Global Shipping Sector’s CO2 Emissions

BRUSSELS, March 18 (Reuters) – The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying

March 18, 2024
Total Views: 719

Shipping

IMO Secretary-General Opens MEPC81 with Call for ‘Concerted Action’ to Reduce Shipping Emissions

The Secretary-General of the United Nations International Maritime Organization (IMO), Arsenio Dominguez, has urged for a united effort to align the

March 18, 2024
Total Views: 742

A EUNAVFOR helicopter flies over the pirated MV Abdullah in the Indian Ocean. Photo courtesy EUNAVFOR
Shipping

Somali Forces and Foreign Navies Preparing Attack on Hijacked Ship, Police Say

By Abdiqani Hassan GAROWE, Somalia, March 18 (Reuters) – Somali police and international navies were preparing on Monday to attack a commercial

March 18, 2024
Total Views: 4586