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Thursday, May 9, 2024
MSC Container ship enters portCatstyecam / Shutterstock.com
Shipbuilding

Record Containership Capacity Delivered in 2024 Obscured By Longer Voyages

The shipping industry has witnessed a record delivery of 1 million Twenty-foot Equivalent Unit (TEU) of container ship capacity in the first four months of

May 9, 2024
Total Views: 1590

Thursday, April 4, 2024
Ship Recycling Plunges to Lowest Level in Decades
Shipping

Ship Recycling Plunges to Lowest Level in Decades

Ship recycling has plummeted to its lowest point in two decades as ships are kept in operation longer due to a combination of market shocks, strong demand, and

April 4, 2024
Total Views: 2070

Monday, February 5, 2024
Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Shipping

Shipping Industry Issues Revised Guidance for Navigating Southern Red Sea

A group of prominent shipping associations have released revised security guidance for navigating the Southern Red Sea and Gulf of Aden in response to a series

February 5, 2024
Total Views: 5043

Wednesday, January 10, 2024
MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipbuilding

Record Wave of New Containerships Expected to Push Global Fleet Above 30 Million TEU

The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,

January 10, 2024
Total Views: 3247

Friday, December 22, 2023
smoke pollution coming from a container ship
Shipping

Shipping Industry Focused on Green and Blue Alternatives to Meet IMO Targets

The shipping industry is turning its attention to green and blue alternatives in order to meet the International Maritime Organization’s (IMO) targets

December 22, 2023
Total Views: 899

Saturday, December 16, 2023
hms-defender-royal-navy-uscg
Navy

EU Shipping And US Naval Leaders Are Estranged Despite NATO Budget Boost

by Captain John Konrad (gCaptain Editorial) Amid escalating tensions in the Red Sea, marked by attacks on Israeli and European-owned vessels, and ongoing war

December 16, 2023
Total Views: 4117

Thursday, September 21, 2023
File photo of a product tanker underway at sea
Shipbuilding

Contracting of Product Tanker Newbuilds at 10-Year High

Contracting of product tanker newbuilds has hit a 10-year high this year, but recycling of older ships and the impact of decarbonization regulations are likely

September 21, 2023
Total Views: 1486

Thursday, July 27, 2023
Scorpio Tankers
Shipping

Ukraine Conflict and EU’s Ban on Russian Oil Products Drive Surge in Product Tanker Orders

The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders. The product

July 27, 2023
Total Views: 863

Wednesday, May 17, 2023
leyal ship recycling
Shipping

BIMCO Predicts Unprecedented Surge in Ship Recycling

The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the next decade, with more than 15,000

May 17, 2023
Total Views: 2836

Thursday, May 4, 2023
Aerial top view of a containership underway
Shipping

Liner Shipping Reduces Sailing Speed Amid Environmental Concerns and Changing Market

As the COVID-19 pandemic recedes, global shipping is experiencing a shift in operations. According to the world’s largest shipping association, BIMCO,

May 4, 2023
Total Views: 1613

Tuesday, April 4, 2023
capesize bulk carrier
Shipping

Capesize Second-Hand Ship Prices Surge Amid Chinese Economic Recovery

Capesize second-hand ship prices experienced a significant surge in March due to China’s economic recovery, according to a new report from the Baltic and

April 4, 2023
Total Views: 1988

Friday, February 3, 2023
Ship Lease Blind Spot Could Undermine Pollution Remediation Efforts
Environment

Ship Lease Blind Spot Could Undermine Pollution Remediation Efforts

By Ira Breskin – Failure of a benchmark ship lease to address the environmental and financial impact of charterers’ operational decisions could

February 3, 2023
Total Views: 2089

Thursday, November 3, 2022
BIMCO Drafts Emissions Trading Scheme Allowances Clause for Time Charter Parties
Shipping

BIMCO Drafts Emissions Trading Scheme Allowances Clause for Time Charter Parties

By Ira Breskin – BIMCO, which provides most standard ship charter parties or leasing contracts, recently drafted a clause that makes charterers

November 3, 2022
Total Views: 858

Saturday, July 23, 2022
Tanker docks at marine terminal
News

Shrinking Oil Tanker Fleet May Deepen The Energy Crisis

by John Konrad (gCaptain) A dwindling oil tanker fleet could deepen the global energy crisis over the next three years as energy companies try to increase

July 23, 2022
Total Views: 11098

Thursday, July 21, 2022
Stakeholders Lay Out Strategy to Eliminate Gulf of Guinea Piracy
Shipping

Stakeholders Lay Out Strategy to Eliminate Gulf of Guinea Piracy

The Government of Nigeria and a coalition of global shipping industry orgnizations have launched a new strategy to end the scourge of piracy, armed robbery,

July 21, 2022
Total Views: 2037

Thursday, March 10, 2022
Tanker new york harbor
Shipping

Tanker Chartering Documents: Safe Berths, Waiting Time and Elephants in the Room

Discussions about charter parties can be fairly dry…unless the subject is tanker chartering. The Society of Maritime Arbitrators (SMA), based in New York,

March 10, 2022
Total Views: 2820

Monday, March 7, 2022
ship loads grain at the port of Odessa, Ukraine
Shipping

Ukraine Uncertainties Cause Divergent Views for Shipping Markets

With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets

March 7, 2022
Total Views: 3592

Sunday, September 12, 2021
Fisheye Photo of Ship Stern
Finance

World’s Shippers Are Earning The Most Money Since 2008

By Alex Longley (Bloomberg) The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global

September 12, 2021
Total Views: 3778

Wednesday, August 18, 2021
shipboard private security keeping watch on a tanker
Piracy

Piracy, Safety Risks Stoke Shipping’s Re-Think of Security

By Damian Shepherd (Bloomberg) — Some of the world’s largest shipping organizations are drafting a plan to deal with the changing nature of piracy and

August 18, 2021
Total Views: 2101

Wednesday, May 26, 2021
Sabrina Chao Bimco
Maritime News

Sabrina Chao Takes Over BIMCO

Sabrina Chao takes over as the 45th President of BIMCO, the world’s largest direct entry shipping organization with 1,900 members in 120 countries

May 26, 2021
Total Views: 2401
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