gCaptain – Maritime and Offshore News


Today
Shipping

At Least 15 Million Barrels Caught Up in Turkish Tanker Impasse

By Firat Kozok, Selcan Hacaoglu and Sherry Su (Bloomberg) — Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re

10 hours ago
Total Views: 671

Accidents

Taiwanese Trawler Loaded with Diesel and Fuel Oil Grounds on Saint Brandon

By Vel Moonien (gCaptain) – MAURITIUS – Taiwanese trawler has run aground in Saint-Brandon in the Indian Ocean with diesel and fuel oil on board. A

11 hours ago
Total Views: 1333

Shipping

Meyer Werft Delays Delivery of Carnival Jubilee

Meyer Werft has delayed the delivery of Carnival Cruise Line’s new Carnival Jubilee by two months due to issues in the supply chain. Carnival Cruise Line

12 hours ago
Total Views: 851

Environment

ICS: To Reach Net Zero in Shipping, ‘The Hard Work Starts Now’

IMO member states seem on track to adopt a more stringent greenhouse gas reduction target that would align shipping with the Paris Agreement on climate change.

13 hours ago
Total Views: 238

Shipping

Elliott Bay Design Group Unveils Methanol-Based Power and Charging Barge

Seattle-based naval architecture and marine engineering firm Elliott Bay Design Group has released its design for a methanol-powered harbor power and charging

14 hours ago
Total Views: 243

Shipping

EU Says G7 Oil Price Cap Not to Blame for Turkey Tanker Queues

By Kate Abnett BRUSSELS, Dec 9 (Reuters) – The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of

15 hours ago
Total Views: 274

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Today
Shipping

Transatlantic Spot Rates Tread Water as Chinese Export Rates Tumble

By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from

15 hours ago
Total Views: 295

Shipping

Deepening Turkish Tanker Jam Snarls Russia Oil Sanctions

By Daren Butler and Can Sezer ISTANBUL, Dec 9 (Reuters) – Turkey emerged as a critical stumbling block to a complex international plan to

16 hours ago
Total Views: 518

Thursday, December 8, 2022
tanker
Shipping

OSG Extends Bareboat Charters with American Shipping Company

U.S.-flag energy shipping company Overseas Shipholding Group (NYSE: OSG) has exercised options to extend its bareboat charter agreements with American Shipping

December 8, 2022
Total Views: 1652

Shipping

Oil Tankers Stuck Near Turkey Costing Millions to Wait

By Alex Longley and Sherry Su (Bloomberg) — The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already

December 8, 2022
Total Views: 2283

Shipping

Trafigura Charters Dual-Fuel Methanol-Powered Tanker

British Columbia-based Waterfront Shipping has entered into a time-charter agreement with commodity trading giant Trafigura for the methanol-powered dual-fuel

December 8, 2022
Total Views: 495


Thursday, December 8, 2022
ship emissions
Shipping

Incentivizing New Fuels: Drybulk Ship Owners Share Their Ideas

By Barry Parker (gCaptain) – Next week will see the Marine Environmental Protection Committee’s “MEPC79” meetings occurring in-person at the

December 8, 2022
Total Views: 627

vlcc supertanker
Shipping

Supertanker Earnings Plunge on Reduced Crude Supplies

By Alex Longley and Sharon Cho (Bloomberg) — Earnings for giant supertankers carrying crude are slumping as OPEC+ production cuts and reduced releases

December 8, 2022
Total Views: 729

Shipping

Why Are Oil Tankers Stuck in Turkish Waters?

By Jonathan Saul LONDON, Dec 8 (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers

December 8, 2022
Total Views: 2189

port of los angeles and long beach
Shipping

Fitch: Container Shipping Outlook Deteriorates as Freight Rates Fall

The container shipping industry is likely to see significantly weaker profits next year as freight rates continue to normalize, says Fitch Ratings. Container

December 8, 2022
Total Views: 3429

Shipping

Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens

(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,

December 8, 2022
Total Views: 2034

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Thursday, December 8, 2022
offshore wind farm
Offshore

Europeans Dominate First West Coast Wind Auction

By Nichola Groom Dec 7 (Reuters) – The U.S. government’s first-ever sale of offshore wind development rights off the coast of

December 8, 2022
Total Views: 633

Wednesday, December 7, 2022
offshore wind turbine
Offshore

First West Coast Offshore Wind Lease Auction Raises Over $757 Million in High Bids

The first offshore wind lease auction on the U.S. West Coast has ended with high bids totaling $757.1 million, the U.S. Bureau of Ocean Energy Management

December 7, 2022
Total Views: 1041

Bosphorus Strait
Shipping

West Asks Turkey To Help Clear Tanker Jam

By Jonathan Saul (Reuters) Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said,

December 7, 2022
Total Views: 1265

Shipping

Winter Lull for U.S. Ports as Container Imports Continue to Wind Down

U.S. container ports are headed into their winter lull as holiday season nears the finish line and retail imports continue to wind down, the National Retail

December 7, 2022
Total Views: 744

China COVID Port Ship Inspectors
Shipping

China Exports Collapse But Car Exports Remain Strong

By Ishika Mookerjee (Bloomberg) China’s exports and imports both contracted at steeper paces in November as external demand continued to weaken and a

December 7, 2022
Total Views: 1823