gCaptain – Maritime and Offshore News


Friday, March 7, 2025
Aerial view of a container terminal
Shipping

Asia-Europe Container Spot Rates Find a Floor—For Now

This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate

Friday, March 7, 2025
Total Views: 67

Coast Guard Infrastructure Crisis: Maintenance Backlog Soars to $7 Billion as Facilities Deteriorate
Defense

Coast Guard Infrastructure Crisis: Maintenance Backlog Soars to $7 Billion as Facilities Deteriorate

The U.S. Coast Guard is facing a mounting infrastructure crisis, with maintenance backlogs reaching a staggering $7 billion as of June 2024, according to a new

March 7, 2025
Total Views: 638

Stock photo of an oil tanker moored at sea
Shipping

Trump Trade Wars, Sanctions Grip Already-Tight Heavy Oil Market

US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the

March 7, 2025
Total Views: 24

U.S. President Donald Trump listens as Rodolphe Saade, CEO pof CMA CGM Group, speaks in the Oval Office, at the White House in Washington, D.C., U.S. March 6, 2025
Shipping

Trump Hails $20 Billion Investment by Shipping Firm CMA CGM

U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics

March 7, 2025
Total Views: 69

Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Mystery Mines: State Actor Likely Targeting Tankers Calling at Russian Oil Ports, Ambrey Warns

A state actor has been systematically targeting merchant vessels calling at Russian oil export facilities with naval mines since December 2024, according to a

March 7, 2025
Total Views: 74

The M/V Wan Hai 362 departs the Port of Long Beach, California. Picture taken in September 2023. Photo courtesy Port of Long Beach
Ports

U.S. to Levy Fees on China-Linked Ships, Push Allies to Do the Same, Draft Executive Order Says

The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged

March 7, 2025
Total Views: 107

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Thursday, March 6, 2025
U.S. Mulling Plan to Intercept Iranian Tankers at Sea as Exports Surge
Shipping

U.S. Mulling Plan to Intercept Iranian Tankers at Sea as Exports Surge

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering

March 6, 2025
Total Views: 69

El Coquí arrives in Puerto Rico
Shipping

House Committee Leaders Slam EU’s TikTok Campaign to Undermine Jones Act

Bipartisan leaders of the U.S. House Transportation and Infrastructure Committee have confronted the European Union over its attempts to influence U.S.

March 6, 2025
Total Views: 62

U.S. President Donald Trump listens as Rodolphe Saade, CEO pof CMA CGM Group, speaks in the Oval Office, at the White House in Washington, D.C., U.S. March 6, 2025
Shipbuilding

CMA CGM Announces Massive $20 Billion Investment in U.S. Maritime Industry

French shipping giant CMA CGM Group has unveiled a landmark $20 billion investment plan to strengthen America’s maritime transportation, logistics, and

March 6, 2025
Total Views: 169

Aerial photo of the port of Long Beach
Ports

Shipping Giant MSC Set to Become World’s Largest Terminal Operator in $22.8B Hutchison Ports Deal

In a landmark deal announced on Tuesday, Hong Kong-based CK Hutchison will sell its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium,

March 6, 2025
Total Views: 412

Port Of Hong Kong aerial photo
Shipping

Shipping Firms Pull Back from Hong Kong to Skirt US-China Risks

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do

March 6, 2025
Total Views: 54


Thursday, March 6, 2025
SM Line containership
Accidents

Korean Containership Loses Boxes Battling Bering Sea Storm

The South Korean containership SM Portland has reported significant cargo damage and container losses while transiting to Vancouver through the Bering Sea.

March 6, 2025
Total Views: 222

As Trump Hails Taking Back of Panama Canal, Hong Kong Inc Walks Tightrope
Shipping

As Trump Hails Taking Back of Panama Canal, Hong Kong Inc Walks Tightrope

Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global

March 6, 2025
Total Views: 22

port of los angeles and long beach
Shipping

USTR’s $1.5M Port Fee Proposal on Chinese Ships Sparks Industry Confusion Over Critical Definitions

A new U.S. Trade Representative proposal targeting Chinese maritime operations with substantial port fees has sparked significant concerns within the shipping

March 6, 2025
Total Views: 129

Wednesday, March 5, 2025
President Donald Trump pumps his fist as he steps from Air Force One upon his arrival in West Palm Beach, Florida, U.S., February 28, 2025.
Shipbuilding

Trump Preparing Executive Order to Strengthen U.S. Shipbuilding

U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the $150 billion global

March 5, 2025
Total Views: 102

The NSMV II, named Patriot State. Photo courtesy Philly Shipyard
Shipbuilding

NSMV Program Nears Completion as White House Prioritizes Restoring American Shipbuilding Might

As the White House moves to bolster American shipbuilding, the U.S. Department of Transportation’s Maritime Administration (MARAD) marked a major milestone

March 5, 2025
Total Views: 45

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Wednesday, March 5, 2025
CMA CGM Iron docked in Singapore - starboard quarter view
Shipping

Photos: CMA CGM’s First Dual-Fuel Methanol Containership Arrives in Singapore

French shipping giant CMA CGM has marked a significant milestone in maritime decarbonization with its first dual-fuel methanol vessel, CMA CGM IRON, making its

March 5, 2025
Total Views: 33

bulk carrier ballast water
Shipping

CMB.TECH Acquires Major Stake in Golden Ocean from John Fredriksen

CMB.TECH has announced the acquisition of an approximately 40.8% stake in Golden Ocean Group Limited from John Fredriksen’s Hemen Holding Limited. The

March 5, 2025
Total Views: 18

Smoke rises from Marlin Luanda, a tanker carrying Russian naphtha, after the vessel was struck by a Houthi anti-ship missile
Shipping

OFAC Sanctions Reveal Houthis Coordinated Safe Passage for Russian and Chinese Ships Through Red Sea

New sanctions by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) have revealed that Houthi leaders actively coordinated with Russian and

March 5, 2025
Total Views: 60

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
Shipping

Tankers: Canada’s Crude Exports Surge as US Implements New Tariffs

Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last

March 5, 2025
Total Views: 33

The Deepsea Atlantic semi-submersible rig
Offshore

Equinor Makes Significant Gas Discovery in Norwegian Sea’s Halten Area

Equinor and its partners have discovered gas and condensate in the Mistral Sør exploration well in the Norwegian Sea’s Halten area, marking another

March 5, 2025
Total Views: 799