LR1 product tanker earnings hit 2012 high Increased Japanese and South Korean product output boosts vessel demand
Iskenderun box terminal poised to open for business Division of Ankara-based Limak hopes to receive first boxship next month
Partners target UK port development HR Wallingford and UKPA to pursue projects at home and abroad
Mergers and acquisitions set to increase, says KPMG 'Promising' start to 2012 with deals worth $19.7bn during first quarter
CMB bottom line boosted by sales of Fortescue and Clarksons shares First-quarter results of Bocimar parent company post huge jump on capital gains
G4S appoints Ewence head of maritime security Former Nato anti-piracy chief slams falling numbers of naval forces
One master in four has faced criminal charges More than 80% of seafarers complain of unfair treatment
KG industry divided over its future After 2011 marked an 18-year low in attracting cash for shipping investments, fund issuers question whether there really can be a return to business as usual
High slippage levels offer hope for struggling tanker owners Owners make efforts to delay deliveries into an already bloated global fleet
Do not take bunkers lightly Standard P&I Club guide is packed with vital information on refuelling
Gap between panamax and capesize rates hits 10-month record Increased Atlantic loading creates fixture boom for smaller bulkers
Interest stirring in boxship feeder newbuildings Ageing fleet in need of replacement
StealthGas inks new charters for smaller LPG carriers Prospects strengthen for small and coastal tonnage
Nord LB lifts ship finance profits HIGHER net interest margins boosted ship finance earnings at state bank Nord LB last year, despite growing turmoil in its existing loan portfolio
United sells barge fleet FLORIDA'S United Maritime has sold its inland barge division to Ingram for $222M, the company has confirmed
Royal Carib trims outlook NYSE-listed Royal Caribbean reduced its 2012 earnings forecast today despite signs that Costa Concordia fallout is waning
Soft VLCC market "in hands of charterers" Spot freight rates for VLCC tankers have fallen sharply this week and an oversupply of tonnage in the Arabian Gulf is likely to ensure that the rates will continue to soften, analyst and broker sources say
Wartsila interims dip, full year forecast stands WARTSILA has reported a slight fall in 1Q12 profit, but the management repeated an earlier forecast that net sales would rise slightly this year
Asciano settles wage deal AUSTRALIAN port operator Asciano announced a final agreement yesterday on wages and conditions for container terminal workers, after almost 20 months of negotiations and strikes
YRC Worldwide Asks Lenders for Leeway Trucking giant YRC Worldwide is asking its lenders to renegotiate the credit agreement that paved the way for its $500...
Vulnerability: Trade Security in the Cloud A panel at the 7th Annual Homeland Security Law Institute event in March raised the specter of an international hacking...
CKYH Alliance Making Virginia Last Port Call The Port of Virginia is gaining a last-out port call as a result of the CKYH alliance's decision to upgrade...
Charleston Container Volume Jumps in March Container volume in the Port of Charleston rose 12 percent in year-over-year in March, the strongest month for containerized traffic...
Yum! Brands, McDonald's See Earnings Spike A continuing Chinese love affair with American fast food is translating into solid earnings for Yum! Brands and McDonald's. ...
Hub Group Intermodal Volume Up 15 Percent Intermodal, logistics operator revenue jumps 52 percent to $740 million Hub Group reported a 15 percent increase in intermodal...
Cargo Thieves Increasingly Sophisticated, Expert Warns An expert in cargo theft advised warehouse operators and motor carriers to spare no expense when it comes to securing...
CP Quadruples Profit Amid Proxy Fight Canadian Pacific Railway in the first quarter quadrupled its profit and improved its operating ratio, a key measure of profitability,...
Kraft, Kellogg Sue Sea Star, Crowley Sea Star Line, Crowley Liner Services and their parent companies have been hit with a second civil antitrust lawsuit by...
CSAV Raises India-Europe Freight Rates Chilean container carrier CSAV will impose a general rate increase on westbound trade from the Indian Subcontinent to North Europe...
Big Ships to Foster Change at West Coast Ports The March 16 arrival of the massive ship Fabiola at the Port of Long Beach serves as a wake-up call...
On East Coast Ports: Big Apple Bites Back Last week I was asked to offer a competitive assessment of the Port of New York and New Jersey for...
ILWU Clerical Workers to Negotiate, With Bonus The union representing 600 office workers at shipping lines and marine terminals in Southern California surprised employers, in a pleasant...
India's Trade Deficit Hits Record $185 Billion India's trade deficit soared to $185 billion in fiscal 2011-12 as a 32.1 percent jump in imports outpaced a 21...
Commentary: When Double-Brokering Doubles the Hassle Q: My wife and I own a small freight brokerage and had a situation come up recently that I need...
CMA CGM and Emirates to link up on Middle East/East Africa trade CMA CGM and Emirates Shipping Line have agreed to work together in the trade between South Asia/Middle East and East Africa. A new schedule encompassing two fixed ...
Evergreen upgrades its Libya link Further signs that the Libyan economy is recovering and reconstruction projects picking up can be seen from Evergreen's decision to raise the frequency of its shuttle ...
Ust Luga gets direct rail route to Moscow Newly opened Ust Luga Container Terminal (ULCT) says that its rail service to Moscow is now more competitive than those available from St Petersburg. The rail route ...
Evergreen to launch new Malaysia-Indonesia loop Taipei-headquartered Evergreen Line is expanding its feeder network over the southern Malaysian port of Port Tanjung Pelepas (PTP) by starting a new link to/from ...
Port Manatee's box boost The west coast Florida port of Port Manatee will see its container-handling capacity boosted within the next 18 months following a deal recently concluded between ...
South African wines tap into new markets In its latest report, Wines of South Africa (Wines SA) - an association whose main role is to promote the export of the country's wines - has highlighted the strong ...
Who won the freight rate war? Given that ocean carriers appear to have resolved their market share differences, SeaIntel Maritime Analysis feels it appropriate to ask: Who won the war? Its latest ...
Guide detailing ECA compliance launched Publication provides decision support reference guide on the accepted methods to ensure ECA compliance, and onboard guide to ECA zones, fuel switching, as well as reporting compliance.
Bunker prices mixed as week ends Players told Bunkerworld demand was strong on Friday.
ESPO hosts LNG bunkering workshop 'Ports can break the 'chicken and egg' dilemma regarding the provision of LNG fuel by adopting a pro-active policy, but on the regulatory level a chicken and egg situation still exists.'
ABS announces structural changes ABS Vice President transfers to London to assume role of President and COO of European Division.
ICS applauds IMO's increase of limits of liability 'We hope that the increases will help ensure that the principle of limitation of liability will be maintained,'says ICS Secretary General.
Remembering one of Bunkerworld's founders Carsten Boe, who along with his son Mikal Boe launched Bunkerworld in 1997, has passed away.
Royal Carribean releases first quarter financials Company has included $232 million and $923 million of fuel expense in its Q2 2012 and full year 2012 guidance, respectively.
IFO prices fall in Rotterdam Prices firm in South European ports.
Prices ease slightly in Middle East hub No bunker activity in Suez.
UK: Air pollution blamed for 13,000 premature deaths annually Study attributes 14% of total to emissions from shipping and aviation, but says cars and trucks pose greatest health risk.
Ship power provider sees focus on fuel efficiency Interest for gas fuelled vessels has increased 'also in segments that have not previously been powered by gas'.
Bunker prices end week soft Demand mostly average across key Asian ports on Friday.
Conference hears call for more ECAs Shipping industry's 'marginal profitability' does not give it the right pollute.
US barge operator expands fleet with acquisition Acquisition of barge transportation firm will add up to 667 marine vessels to Ingram Barge Company's fleet.
Indian refiner offers May-loading HSFO cargo More fuel oil supplies from India expected to be made available in the coming weeks.
Credit managers are 'ruling the market' The 'threat of bad debt is on everybody's mind', Chemoil director tells conference.
Shipping firms to face more 'uncomfortable' bank meetings Better for shipping companies to seek their banks' help prior to an expected default, says Moore Stephens.
Slow steaming could help strengthen dry bulk markets Dry bulk market will remain volatile for a 'prolonged period of time', says Bocimar.
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