Shipping

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


Wednesday, November 6, 2024
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: 2147

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: 1318

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: 36102

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: 2149

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: 2258

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

Monday, November 4, 2024
The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas
Shipping

Pipeline Pressure: Texas Shale Surge Pushes Gulf Coast Crude Prices Higher

By Arathy Somasekhar HOUSTON, Nov 4 (Reuters) – The difference in prices for U.S. shale oil in West Texas and at Houston has

November 4, 2024
Total Views: 1274

IMO Secretary-General Arsenio Dominguez visits Yemen
Shipping

Red Sea Crisis: IMO Chief Calls for Urgent Action as Houthi Attacks Threaten Global Shipping

International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has completed a diplomatic tour of Red Sea countries, addressing the escalating

November 4, 2024
Total Views: 2309

Friday, November 1, 2024
Port Showdown in BC: Dockworker Strike Threatens Canada’s West Coast Trade
Ports

Port Showdown in BC: Dockworker Strike Threatens Canada’s West Coast Trade

By Thomas Seal (Bloomberg) — Dock foremen and women in British Columbia issued a strike notice for Monday, Nov. 4., setting up disruption at Canada’s

November 1, 2024
Total Views: 2124

Port workers from the International Longshoremen's Association (ILA) participate in a strike in the Virginia International Gateway in Portsmouth, Virginia, U.S., October 1, 2024. REUTERS/Jose Luis Gonzalez
Shipping

Port Strike 2.0: Major Shippers Pivot to West Coast Over Contract Uncertainty

Oct 30 (Reuters) – U.S. shippers are steering clear of East and Gulf Coast ports amid worries the 45,000 dockworkers at those trade

November 1, 2024
Total Views: 1841

Stock photo shows an oil tanker at a terminal
News

EPA Clears Path for Texas Deepwater Port, Fueling Controversy Over U.S. Oil Exports on Supertankers

(Bloomberg) — The Environmental Protection Agency has given its blessing for a proposed Texas oil port capable of exporting 1 million barrels of oil a

November 1, 2024
Total Views: 2230

arctic patrol china
Featured

Arctic Alliance: U.S. Raises Alarms as Russia and China Flex Military Muscle Along NATO’s ‘Western Flank’

OSLO, Nov 1 (Reuters) – The United States is watching growing cooperation between Russia and China in the Arctic closely and some of their

November 1, 2024
Total Views: 3983

Stock image of an MSC containership
Shipping

GRI Gamble: Carriers Play Hardball with Asia-Europe Spot Rate Hikes

By Gavin van Marle (The Loadstar) – Container shipping lines on the main east-west trades this week managed to reverse 15 weeks of consecutive declines

November 1, 2024
Total Views: 978

Thursday, October 31, 2024
FILE PHOTO: Republican presidential nominee, former U.S. President Donald Trump and Democratic presidential nominee, U.S. Vice President Kamala Harris take part in a presidential debate hosted by ABC in Philadelphia, Pennsylvania, U.S., September 10, 2024 in a combination of file photographs.
Shipping

How the U.S. Election Could Reshape Container Shipping

As the U.S. presidential election nears, Simon Heaney, Senior Manager of Container Shipping at Drewry, has provided insight into how each candidate’s

October 31, 2024
Total Views: 3159

cargo ships loading at port of oakland
Shipping

ONE Reports Staggering 1000% Profit Surge Amid Global Shipping Challenges

Ocean Network Express (ONE), the world’s sixth-largest ocean carrier by capacity, reported robust financial results for its second quarter of FY2024

October 31, 2024
Total Views: 2030

Cement carrier berthed at a terminal
Shipping

U.S. Fines Mexican Shipping Company $1.75 Million for Pollution Cover-Up

In the latest case in the United States’ ongoing crack down against marine pollution, Mexico-based shipmanager Gremex Shipping S.A. has been sentenced

October 31, 2024
Total Views: 1946

File Photo shows a bulk ship with containership in background
Environment

Dirty Fuel’s Big Comeback: HSFO Prices Spike as Ships Reroute from Red Sea Risks

(Bloomberg) — One of the dirtiest corners of the global oil market is staging a spectacular rally, boosted by surging demand from ships sailing longer

October 31, 2024
Total Views: 1050