gCaptain – Maritime and Offshore News


Monday, October 25, 2021
bulk carrier at sea
Shipping

Baltic Dry Index Slides Further On Weak Capesize Demand

The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s

Monday, October 25, 2021
Total Views: 1088

Experts share knowledge
Sponsored

Experts share knowledge

Training with the React Trainer tool Time and motivation for education and training is scarce. Our research shows that repeating, teaching and training in your

October 25, 2021
Total Views: 1004

Shipping Drifts Off Net-Zero Course Without Carbon Levy
Environment

Shipping Drifts Off Net-Zero Course Without Carbon Levy

By Stine Jacobsen (Reuters) – The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action

October 25, 2021
Total Views: 925

Sunday, October 24, 2021
La Nina Threatens To Worsen Energy Crisis
Marine Weather

La Nina Threatens To Worsen Energy Crisis

By Bloomberg News, Oct 24, 2021 (Bloomberg) – A weather phenomenon that typically delivers harsher winters is on the way and expected to add to

October 24, 2021
Total Views: 4201

angshan Deep-Water Port
Finance

Online Thrifting Sees Silver Lining in Supply Chain Crunch

By Clara Molot and Amelia Pollard (Bloomberg) –As brand-name retailers nationwide struggle to fill shelves, a crop of online platforms that

October 24, 2021
Total Views: 1690

Russian, Chinese Warships Hold First Joint Patrols In The Pacific
Defense

Russian, Chinese Warships Hold First Joint Patrols In The Pacific

MOSCOW (Reuters) – Russian and Chinese warships held their first joint patrols in the Western part of the Pacific ocean on October 17-23, Russia’s

October 24, 2021
Total Views: 1860

Most Read

Featured

French and Japanese-Owned Ships Make First Hormuz Crossings

By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to

Featured

U.S. Doubles Hormuz Insurance Backstop to $40B in Hopes of Luring Ships Back

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the

Featured

Controlled Passage: First Ships Edge Through Hormuz as Crisis Redefines Global Shipping

A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption.

News

Iran’s ‘Tollbooth’ Tightens Grip on Hormuz as Ships Offered Safe Passage—For a Price

In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing

Shipping

French-Owned Container Ship Exits Hormuz in First Since Iran War

A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe


Sunday, October 24, 2021
Containers and ships sit idle at the Port of Long Beach in this file photo
Shipping

Effective Immediately And Set To Last For 90 days, Long Beach Eases Container Rules

By Brendan Murray (Bloomberg) –Officials in Long Beach, California, relaxed restrictions on storing shipping containers in a bid to ease a

October 24, 2021
Total Views: 20694

Tankers Are Denied Entry Into Sudan’s Territorial Waters
Ports

Tankers Are Denied Entry Into Sudan’s Territorial Waters

DUBAI, Oct 24 (Reuters) – Sudan decided to halt the entry of vessels carrying fuel into its territorial waters to avoid incurring fines due to delays in

October 24, 2021
Total Views: 1671

Zim Kingston Fire
Ship Fires

Zim Kingston Fire ‘Appears To Be Contained’

by Bhargav Acharya (Reuters) A fire broke out on Saturday on containers on a cargo ship carrying mining chemicals off British Columbia, and the Canadian Coast

October 24, 2021
Total Views: 3821

Zim Kingston Fire
Ship Fires

10 Abandon Zim Kingston But Firefighting Efforts Continue

by Bhargav Acharya (Reuters) The Canadian Coast Guard said it is monitoring a fire that broke out on a container ship off the coast of Victoria, British

October 24, 2021
Total Views: 5024

Saturday, October 23, 2021
ZIM Kingston On Fire Off Victoria, BC After Losing Containers in Heavy Seas
Accidents

ZIM Kingston On Fire Off Victoria, BC After Losing Containers in Heavy Seas

Update: 16 people have been evacuated from ZIM Kingston and the situation remains “dynamic,” the Canadian Coast Guard said in a late night update

October 23, 2021
Total Views: 22696

Most Read

French and Japanese-Owned Ships Make First Hormuz Crossings
Featured

French and Japanese-Owned Ships Make First Hormuz Crossings

By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to

U.S. Doubles Hormuz Insurance Backstop to $40B in Hopes of Luring Ships Back
Featured

U.S. Doubles Hormuz Insurance Backstop to $40B in Hopes of Luring Ships Back

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the

Controlled Passage: First Ships Edge Through Hormuz as Crisis Redefines Global Shipping
Featured

Controlled Passage: First Ships Edge Through Hormuz as Crisis Redefines Global Shipping

A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption.

Iran’s ‘Tollbooth’ Tightens Grip on Hormuz as Ships Offered Safe Passage—For a Price
News

Iran’s ‘Tollbooth’ Tightens Grip on Hormuz as Ships Offered Safe Passage—For a Price

In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing

French-Owned Container Ship Exits Hormuz in First Since Iran War
Shipping

French-Owned Container Ship Exits Hormuz in First Since Iran War

A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe


Friday, October 22, 2021
California Governor Signs Executive Order to Help Tackle Supply Chain Issues
Ports

California Governor Signs Executive Order to Help Tackle Supply Chain Issues

California Governor Gavin Newsom signed an executive order Thursday directing state agencies to identify additional ways to alleviate congestion at California

October 22, 2021
Total Views: 2800

general cargo bulk ship
Shipping

‘Containergeddon’ Drives Sugar, Rice Shippers Back to Bulkers

By Marcelo Teixeira NEW YORK, Oct 22 (Reuters) – Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice,

October 22, 2021
Total Views: 2506

US LNG Exports Are Falling At Just the Wrong Time
Shipping

US LNG Exports Are Falling At Just the Wrong Time

By Sergio Chapa, Anna Shiryaevskaya and Ann Koh (Bloomberg) — Production issues at two of the largest U.S. liquefied natural gas export terminals

October 22, 2021
Total Views: 2002

Tug Completes 1,000 Nautical Mile Autonomous Voyage Around Denmark
Shipping

Tug Completes 1,000 Nautical Mile Autonomous Voyage Around Denmark

Boston-based Sea Machines Robotics announced today that it has completed the world’s first 1,000+ nautical miles autonomous and remotely commanded journey of

October 22, 2021
Total Views: 2239

IMO greenhouse gas emissions
Environment

International Chamber of Shipping Reports Progress on Carbon Pricing at IMO Working Group

The International Chamber of Shipping (ICS) has welcomed calls from the International Maritime Organization (IMO) for impact assessments to be submitted

October 22, 2021
Total Views: 592

Corporate News

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

March 20, 2026

Damen launches tenth Island Class ferry for BC Ferries

At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries

March 16, 2026

Safety without compromise: Inmarsat’s commitment to global safety services

When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical

March 12, 2026

ABS Publishes New Technical Standard for Subsea Power Cables

Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power

March 12, 2026

Thordon Bearings and SNAME Announce New Graduate Scholarship to Accelerate Innovation in Green Vessel Design

Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that

March 12, 2026

EXMAR Deploys Inmarsat NexusWave to Power Secure, Always-on Connectivity Across its Fleet

Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving

March 12, 2026

VIKING Delivers Solid Results in Unpredictable Market

ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates.  After years of significant growth in key

March 4, 2026

Austal contracts Damen as Partner for local construction of LST 100 vessels for the Australian Army

On Friday, 20 February, Austal Defence Australia and Damen Shipyards Group signed a contract supporting the local construction of Landing Ship Transport (LST) 100 vessels for the

Corporate News

March 25, 2026

Inmarsat Maritime’s NexusWave wins award for Maritime Mobility Innovation at MSUA 2026 Satellite Mobile Innovation Awards

The fully managed service is redefining maritime communications through a unique network-bonding capability that delivers seamless and secure, high-speed connectivity at sea.

March 20, 2026

Damen launches tenth Island Class ferry for BC Ferries

At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries

March 16, 2026

Safety without compromise: Inmarsat’s commitment to global safety services

When a distress alert is triggered at sea, there is no room for uncertainty. For tens of thousands of vessels worldwide, Inmarsat Maritime’s safety services provide a critical

March 12, 2026

ABS Publishes New Technical Standard for Subsea Power Cables

Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power

March 12, 2026

Thordon Bearings and SNAME Announce New Graduate Scholarship to Accelerate Innovation in Green Vessel Design

Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that

March 12, 2026

EXMAR Deploys Inmarsat NexusWave to Power Secure, Always-on Connectivity Across its Fleet

Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving

March 12, 2026

VIKING Delivers Solid Results in Unpredictable Market

ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates.  After years of significant growth in key

March 4, 2026

Austal contracts Damen as Partner for local construction of LST 100 vessels for the Australian Army

On Friday, 20 February, Austal Defence Australia and Damen Shipyards Group signed a contract supporting the local construction of Landing Ship Transport (LST) 100 vessels for the


Friday, October 22, 2021
Piraeus Port
Environment

Greece Calls for ‘Realistic’ EU Emissions Policy for Shipping

ATHENS, Oct 20 (Reuters) – EU shipping power Greece has told the European Commission that adding the industry to the bloc’s carbon

October 22, 2021
Total Views: 506

Maersk Drillship Going for New Water Depth World Record Off Angola
Offshore

Maersk Drillship Going for New Water Depth World Record Off Angola

A Maersk drillship is going for a new drilling water depth world record in Angola. The drillship, Maersk Voyager, was awarded a contract extension this month

October 22, 2021
Total Views: 5950

US-Flagged Bulk Carrier Briefly Grounds in Michigan
Accidents

US-Flagged Bulk Carrier Briefly Grounds in Michigan

The U.S.-flagged bulk MV Calumet ran aground in Michigan’s Saginaw River on Thursday night after high winds pushed the ship off course and set the stern

October 22, 2021
Total Views: 2902

containerships anchored off port of los angeles
Ports

Containerships Headed for West Coast Poised to Worsen Port Bottleneck

By Kevin Varley (Bloomberg) — The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean

October 22, 2021
Total Views: 1796

Shell Expects Ida-Hit Offshore Facility to Restart in November
Offshore

Shell Expects Ida-Hit Offshore Facility to Restart in November

Oct 22 (Reuters) – Shell said on Friday it expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in

October 22, 2021
Total Views: 580

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gCaptain-jobs

Find Your Next Opportunity

Whether you’re an employer or a jobseeker, gCaptain connects maritime talent with opportunity. Check out our job section to look for qualified candidates or find your next dream job.


Thursday, October 21, 2021
zim containership
Shipping

Asset Light ZIM Acquires Seven Secondhand Containerships

Israeli shipping line ZIM Integrated Shipping Services (NYSE: ZIM) confirmed today the purchase of seven secondhand containerships this month for a total price

October 21, 2021
Total Views: 2677

Biden’s Port Envoy Urges Congress to Act on Infrastructure Bills
Ports

Biden’s Port Envoy Urges Congress to Act on Infrastructure Bills

By Keith Laing and Josh Wingrove (Bloomberg) — The White House’s point person on ports is urging Congress to wrap negotiations on a $550 billion

October 21, 2021
Total Views: 931

Leading Toymaker (Not Santa) Says Supply Snags Will Not Ruin Christmas This Year
Ports

Leading Toymaker (Not Santa) Says Supply Snags Will Not Ruin Christmas This Year

By Uday Sampath Kumar Oct 21 (Reuters) – Mattel Inc on Thursday raised its 2021 sales forecast, saying it would overcome

October 21, 2021
Total Views: 726

NORFOLK (Sept. 21, 2019) Military Sealift Command large, medium-speed roll-on/roll-off (LMSR) vessel USNS Benavidez (T-AKR 306), departs Lamberts Point Shipyard alongside USNS Mendonca (T-AKR 303) for Turbo Activation 2019. U.S. Navy photo/Released
Defense

New USTRANSCOM Commander is ‘Laser-Focused’ on Buying Secondhand Ships to Boost Military’s Surge Sealift

In her first major speech since taking over as commander of the U.S. Transportation Command (USTRANSCOM) this month, Air Force Gen. Jacqueline D. Van Ovost

October 21, 2021
Total Views: 2767

FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Shipping

Few Options for G7 Trade Chiefs to Alleviate Supply Chain Problems

By David Lawder WASHINGTON, Oct 21 (Reuters) – Trade chiefs from the developed world’s economic powerhouses gathering on Friday have few options at

October 21, 2021
Total Views: 567