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gCaptain – Maritime and Offshore News


Friday, June 7, 2024
Maersk ship entering the Port of Rotterdam. Photo: Shutterstock
Shipping

FMC Seeks Public Input on Maersk and Hapag-Lloyd’s Gemini Cooperation

The Federal Maritime Commission has opened a 12-day comment period for public response to Maersk and Hapag Lloyd’s new vessel sharing agreement, called

Friday, June 7, 2024
Total Views: 1279

ningbo port congestion
Shipping

Container Spot Rates in China Set to Hit Five Figures

By Gavin van Marle (The Loadstar) – There were further double-digit increases in container spot freight rates this week, after a series of general rate

June 7, 2024
Total Views: 10350

Port of Antwerp-Brugges container terminal
Ports

Bunker Spill Closes Antwerp Dock and Lock

Authorities at the port of Antwerp have closed a dock and are using drones to monitor the fallout from an oil spill that occurred while a ship was

June 7, 2024
Total Views: 1347

Thursday, June 6, 2024
Russia Predicts Record Cargo Volume on Arctic Route, Aims for Year-Round Container Shipping
Shipping

Russia Predicts Record Cargo Volume on Arctic Route, Aims for Year-Round Container Shipping

By Malte Humpert (gCaptain) – Russia continues to push ahead with plans to develop its Northern Sea Route into a year-round Arctic maritime shortcut. 

June 6, 2024
Total Views: 2141

A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

U.S. Container Imports Continue to Gain

May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year,

June 6, 2024
Total Views: 1754

Chinese container ship NewNew Polar Bear in a convoy on the Northern Sea Route during an eastbound voyage in October 2023. (Source: Rosatomflot)
Shipping

Russia’s Rosatom and Chinese Firm to Establish Year-Round Arctic Shipping Route

ST PETERSBURG, June 6 (Reuters) – Russia’s state nuclear agency Rosatom has signed a memorandum of understanding with a Chinese shipping company

June 6, 2024
Total Views: 3341

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Thursday, June 6, 2024
Yangshan Port south of Shanghai, China.
Ports

East and Southeast Asian Ports Dominate 2023 Global Container Port Performance Index

The latest edition of the Global Container Port Performance Index (CPPI) shows East and Southeast Asian ports leading the pack in 2023, with 13 out of the top

June 6, 2024
Total Views: 394

$476 Billion: U.S. Marine Economy Continues Upward Trend
Shipping

$476 Billion: U.S. Marine Economy Continues Upward Trend

The American marine economy showed continued strength in 2022, contributing a significant $476 billion in economic impact and supporting 2.4 million jobs,

June 6, 2024
Total Views: 435

U.S. Seeks to Up Pressure on Houthis in Threat to Yemen-War Truce
News

U.S. Seeks to Up Pressure on Houthis in Threat to Yemen-War Truce

(Bloomberg) — The US and its allies are raising the stakes in their struggle to curb ship attacks by Houthi militants in the Red Sea by increasingly

June 6, 2024
Total Views: 935

Stock photo of an oil tanker moored at sea
Shipping

Safety Dangers From Sanctioned Tanker Fleet Growing

ATHENS, June 6 (Reuters) – Safety dangers are growing from ageing and unregulated vessels, leading ship management firm V.Group told Reuters,

June 6, 2024
Total Views: 478

Vytautas Kielaitis / Shutterstock.com
Shipping

Containership Malfunction Causes Commotion in Charleston Harbor

Charleston’s Cooper River was the scene of a dramatic incident on Wednesday, as a malfunctioning container ship, the Liberia-flagged MSC Michigan VII,

June 6, 2024
Total Views: 4094

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Wednesday, June 5, 2024
Aerial view of a container ship
Shipping

Container Price Bubble Expected to Burst in 2H 2024, Says Container xChange

Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in

June 5, 2024
Total Views: 2330

A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko
Shipping

Russia Oil Revenue Rise as Nation Adapts to Sanctions

(Bloomberg) — Russia’s oil proceeds to the state budget increased almost 50% in May from a year ago, as its crude prices rose and the nation adapted to

June 5, 2024
Total Views: 953

A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Shipping

Onboard Carbon Capture: The Future of Shipping Decarbonization?

Onboard carbon capture (OCC) is gaining interest in the shipping industry as a way to reduce emissions while continuing to use conventional fuels. However, its

June 5, 2024
Total Views: 844

A 2019 view of vessels in the Singapore Strait April 3, 2019. Picture taken on April 3, 2019. REUTERS/Henning Gloystein/File Photo
Shipping

Singapore Bunker Fuel Sales Surge as Ships Bypass the Red Sea

Bunker fuel sales in Singapore have reached record highs as ships take longer routes around the southern tip of Africa to avoid the Red Sea, the U.S. Energy

June 5, 2024
Total Views: 1113

containership
Shipping

Libra Group Makes $2 Billion Exit from Container Shipping

By Jonathan Saul ATHENS, June 5 (Reuters) – Libra Group exited the container shipping market this week after selling close to 100

June 5, 2024
Total Views: 975

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Wednesday, June 5, 2024
Yantian Express photo provided by Hapag-Lloyd.
Shipping

Hapag-Lloyd CEO Says Demand Surge May Be Short-Lived

By Elke Ahlswede BERLIN, June 5 (Reuters) – Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container

June 5, 2024
Total Views: 1388

Rear Admiral John Okon Appointed President of SUNY Maritime College
Shipping

Rear Admiral John Okon Appointed President of SUNY Maritime College

SUNY Maritime College has announced the appointment of Rear Admiral John Okon as the institution’s 12th president. Okon will assume the role on July 1,

June 5, 2024
Total Views: 1056

Tuesday, June 4, 2024
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Sees Deeper Impact to World Trade From Red Sea Disruption

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, said the world’s supply lines are more impacted than

June 4, 2024
Total Views: 2828

offshore wind farm
Offshore

New York Finalizes Contracts for Two Massive Offshore Wind Projects

New York Governor Kathy Hochul announced the finalization of contracts for two major offshore wind projects, Empire Wind 1 and Sunrise Wind, as part of the

June 4, 2024
Total Views: 1976

Illustration shows WindWings technology installed on Union Maritime vessels
Environment

Union Maritime to Equip 34 Newbuilds with Wind Propulsion Technology

UK-based chemical tanker owner and operator, Union Maritime, is set to equip its fleet with industry-leading wind propulsion technology. The company is

June 4, 2024
Total Views: 1812

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