gCaptain – Maritime and Offshore News


Friday, May 20, 2022
Sovcomflot ship bridge
Shipping

Russian Oil Producers Snap Up Sovcomflot Tankers Shunned By Rest of the World

By Debjit Chakraborty, Julian Lee and Serene Cheong (Bloomberg) — Russian oil producers are starting to book up an increasing number of tankers owned by

Friday, May 20, 2022
Total Views: 6609

vlcc tanker
Shipping

China Quietly Ramping Up Purchases of Cheap Russian Oil

By Chen Aizhu and Florence Tan SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices,

May 20, 2022
Total Views: 1683

Shipping

Breakbulk Europe: Uncertainty Surrounding Future Fuels

By Ira Breskin ROTTERDAM—There is no clearly optimal marine fuel to power the current and future generation of cargo vessels, speakers said Thursday here at

May 20, 2022
Total Views: 552

Shipping

Carriers’ Blank Sailings Check Rates Decline as Regulators Watch On

By Mike Wackett (The Loadstar) – The ‘drip-drip’ erosion of container spot rates on the transpacific and Asia-Europe tradelanes since the Chinese

May 20, 2022
Total Views: 1270

Gianluigi Aponte portrait
Shipping

Former-Banker Turned Shipping Magnate Rides Pandemic Shipping Boom to $19 Billion Fortune

By Ben Stupples (Bloomberg) — Gianluigi Aponte left a job in finance to focus on shipping. Now, decades later, he has one of the world’s biggest

May 20, 2022
Total Views: 2732

Defense

Maritime Security Program Cargo Ship Set to Transport Medical and Defense Supplies Towards Ukraine

The ‘Arc Integrity’ is enrolled in the Maritime Administration’s Maritime Security Program (MSP), the maritime readiness program that maintains

May 20, 2022
Total Views: 3088

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Thursday, May 19, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog
Shipping

More Russian Oil Heading East Squeezes Iranian Crude Sales to China

By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the

May 19, 2022
Total Views: 3600

Tugs and barges on the Mississippi River
Accidents

Coast Guard Safety Alert Addresses Water and Contaminants in Marine Fuel Systems

The U.S. Coast Guard is warning vessel owners and operators of the hazards associated with water and other contaminants in marine fuel systems. The Coast

May 19, 2022
Total Views: 1721

Shipping

NOAA Requests Proposals for the Design and Construction of New Ocean Survey Ships

The U.S. National Oceanic and Atmospheric Administration (NOAA) is seeking proposals from U.S. shipbuilders for the design and construction of two new ocean

May 19, 2022
Total Views: 2392

container ship
Shipping

Seaspan Orders Four LNG Containerships Backed by Long-Term Charters

Containership lessor Seaspan Corporation has once again expanded its newbuild orderbook, announcing it has entered into shipbuilding agreements for the

May 19, 2022
Total Views: 1500

Accidents

Three Killed and Two Missing as Tug Sinks Off Italy

ROME, May 19 (Reuters) – Three people died and two were still missing after a tugboat sank off the southern Italian coast while pulling a

May 19, 2022
Total Views: 2774


Thursday, May 19, 2022
Offshore

Biden Administration to Issue New Five-Year Offshore Oil and Gas Proposal By End of June

The U.S. Department of the Interior will release its proposal for offshore oil and gas lease sales for the next five years by the end of June, Interior

May 19, 2022
Total Views: 771

panama canal tonnage record
Shipping

Panama Canal Ship Queue Reflects Shipping Bottlenecks

By James Attwood, Augusta Saraiva and Sergio Chapa (Bloomberg) — The global shipping bottlenecks rattling industries and consumers in the pandemic era

May 19, 2022
Total Views: 7133

Shipping

New York Fed Index Shows Rising Supply Chain Pressure

The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI) ticked up in April for the first time since its December peak. The

May 19, 2022
Total Views: 753

two tankers conduct ship-to-ship transfer
Shipping

Greece Emerging as Hub for Russian Ship-to-Ship Fuel Oil Transfers

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

May 19, 2022
Total Views: 15911

CNO Admiral Mike Gilday Wearing Camo
Navy

Taiwan Must Spend More On Maritime Defense, Says Top US Navy Admiral

By Daniel Flatley (Bloomberg) Taiwan must gird itself against potential Chinese aggression through military deterrence that includes acquiring the right

May 19, 2022
Total Views: 1441

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Wednesday, May 18, 2022
A seafarer working on the deck of a ship
Shipping

ILO Adopts New Minimum Wage for Seafarers

A subcommittiee of the International Labour Organization (ILO) has agreed to raise the minimum wage for seafarers to up to $673 per month following the

May 18, 2022
Total Views: 7940

Offshore

Sembcorp Marine Reports Better Start to 2022 Amid Improving Energy Markets

Singaporean shipbuilder Sembcorp Marine says the first half of 2022 is shaping to be “significantly better” than the first half of 2021 as the

May 18, 2022
Total Views: 841

zim containership
Shipping

Container Shipping: ZIM Profits Roll In

Though news reports are no longer highlighting the ships anchored in San Pedro Bay, the container shipping segment continues to pump out strong earnings. In

May 18, 2022
Total Views: 1972

U.S. merchant mariners receive the congressional gold medal award at the U.S. capitol
Defense

World War II Mariners Awarded Congressional Gold Medal

American Merchant Mariners who served during World War II were awarded the Congressional gold medal during a ceremony at the U.S. Capitol on Wednesday. Ten

May 18, 2022
Total Views: 2357

Offshore

Global Offshore Wind Spending Estimated at $1 Trillion By 2031

By Dan Murtaugh (Bloomberg) — Offshore wind power installations will increase nearly nine-fold this decade as the world pours $1 trillion into the clean

May 18, 2022
Total Views: 824