Rosneft takes Heidmar stake Morgan Stanley has agreed to sell its partial ownership in tanker-pool manager Heidmar to Russia's Rosneft
News service over the festive period The IHS Maritime office will be closed on the afternoons of the 24 and 31 December and closed all day on the 25, 26, 27 December and 1 January
Kinder Morgan buys Blackstone's APT After signalling plans for an IPO, American Petroleum Tankers is instead being sold to Kinder Morgan for $962M
Alfons Hakans buys Estonian tug operator The Finnish towage company Alfons Hakans has acquired the Estonian tug-operating firm AS PKL, which operates 14 tugs that are located in the ports of Tallinn, Muuga, Sillamae and Paldiski in Estonia and Riga and Ventspils in Latvia
Qingdao Beihai secures four Shandong VLOCs Chinese shipyard Qingdao Beihai Shipbuilding Heavy Industry has secured an order to build four very large ore carriers (VLOC) from government-owned Shandong Shipping
Abidjan box terminal agreement signed A consortium has formally signed an agreement with the Côte d'Ivoire government for the construction and operation of a new container terminal at the Port of Abidjan
China COSCO to order nine new ships China COSCO Holdings, the flagship listed unit of COSCO Group, today announced that it will place orders for four 64,000dwt bulk carriers and five 9,400teu boxships in a move to improve the capacity structures of its containership and bulker fleets
Morocco to sell stake in Marsa Maroc State-owned Moroccan terminal operator, Marsa Maroc, has confirmed to HIS Fairplay that the government is planning to open up its capital to private investors in 2014
Taiwan's export orders continue to rise Taiwan's export orders in November stood at $41.05Bn, marking the fifth consecutive monthly rise, according to statistics released last week by the Ministry of Economic Affairs (MOEA)
HMM and CK Line launch service South Korea carriers Hyundai Merchant Marine (HMM) and Chun Kyung Shipping (CK Line) last week jointly launched a new service linking South Korea to Chinese port Fuzhou and Vietnam
APL Logistics appoints new president Singapore-listed NOL Group today announced that Beat Simon had been appointed as president of its wholly-owned subsidiary APL Logistics, a third party logistics provider
Uncertainty haunts EGLE Shares of Eagle Bulk Shipping soared Monday despite ongoing uncertainty about the US bulker owner's future.
Perseveranza battles NCS Perseveranza di Navigazione has launched London arbitration against three companies in the empire of Hong Kong shipowner Gao Yanming for allegedly underpaid charter hire.
Fines in car carrier probe The Federal Maritime Commission (FMC) says it is investigating other car carrier operators after issuing $2.33m in fines to K Line and NYK Line for violating US shipping laws.
All in the family China Shipping Development's CS Bulk arm has struck a deal to charter-in 21 panamax and handymax bulkers from a sister company in the China Shipping group.
Stena LNG regroups A move to reincorporate Stena LNG's activities into group tanker arm Stena Bulk will see Goran Hermansson take responsibility for the company's three LNG carriers.
Dof's Brazil bonanza Dof has added two more long-term charter deals to its recent pile of contract wins.
Greeks to take flight? Greek shipping circles are deeply concerned that an article passed into law at the weekend could ruin the carefully cultivated climate between the industry and the government and possibly lead to a flight of management companies.
Bergen bags repair job Bergen Group has bagged a contract to fix an accommodation vessel at its offshore yard in Hanoytangen.
Kinder's $1bn surprise Kinder Morgan Energy Partners has completed a near $1bn takeover swoop for IPO hopeful American Petroleum Tankers and Blackstone stablemate State Class Tankers.
Oldendorff sells supramax Oldendorff looks to have caught the effects of rising asset prices to secure the sale of a supramax bulker.
HMM rebounds Shares in Hyundai Merchant Marine (HMM) soared today after fundraising plans were announced that could see the company stage a financial recovery.
HitecVision in at DeepWell A well intervention company jointly owned by Ostensjo Rederi and Solstad Offshore has secured a near $50m deal which will see Norwegian heavyweight HitecVision invest in the firm.
Bankruptcy for Gdansk? The majority shareholder in Stocznia Gdansk is preparing a bankruptcy filing for the historic shipyard.
Boa stretches Rieber deal Ole Bjornevik's Boa Marine Services has expended its hold on a GC Rieber subsea vessel.
Livorno launched Commercial operations have started at OLT Offshore LNG Toscana's floating storage and regasification unit (FSRU).
Morgan Stanley sells Heidmar Morgan Stanley has sold its stake in pool giant Heidmar as part of the disposal of its oil trading business to Rosneft.
'Curb your enthusiasm' China's Sinotrans is warning analysts and reporters that the outcome of a possible restructuring is not yet settled.
Public money drives prices Clarksons has blamed the flood of public money into the shipping industry this year for driving up asset prices in the dry cargo market.
Ningbo soothes worries Ningbo Marine's biggest shareholder and customer is pledging to avoid unfair competition with other Chinese bulker operators.
Royal passenger dies A man has died after falling from a Royal Caribbean cruise ship off Australia.
Montanari sells two Italian owner Montanari has reportedly sold two modern aframax tankers to an undisclosed buyer.
Berge Bulk in scrap pact Expanding dry bulk owner Berge Bulk of Singapore has sold one of its oldest units for demolition.
Maersk crew praised A series of technical shortcomings led to flooding of the engine room of the Emma Maersk which took the containership out of service for five months earlier this year.
Hanjin announces 'financial improvement plan' A document on the Korean shipping company's website said the plan involves repayment of debt; financial aid by shareholders and creditors; and a plan for improvement in operations.
Foundation that controls A.P. Møller-Maersk restructures
Vitran receives offer from TransForce Vitran has received an unsolicited offer from TransForce to acquire all of its outstanding common shares for $6.50 per share, upping the Dec. 9 acquisition offer proposed by Manitoulin Transport.
CMA CGM announces Asia GRI
Simon named APL Logistics president
ATA truck tonnage index up 2.7%
Shippers concerned with EU emissions regulation In a letter to the European Parliament, the World Shipping Council claimed the EU's rationale for vessel emissions regulations appears varied and unclear.
Ex-Im Bank reports record year for small businesses
U.S. Oil CNG station to support Dart Transit
Tampa Port approves auto processing agreement
UASC to relocate main U.S. office in 2014
Descartes makes two European acquisitions Descartes acquired Impatex Freight Software for $8.3 million and the business-to-business supply chain integration and e-invoicing solutions provider Compudata for $17.9 million.
Consultant: 2020 sulphur limit 'no problem' for refiners Blending low sulphur HFOs with distillates could meet global 0.50% sulphur bunker demand, study suggests.
LNG fuel system ordered for LNG-hybrid barge LNG-hybrid barge to start service in Q3 2014.
Prices lose direction in Fujairah Mixed trend on show in South African ports.
Prices start week firm across Europe Surcharges in place at Rotterdam over holiday period.
Glenn Marine vessel arrested Move made in Singapore last week.
Russian bunkering firm confirms oil terminal sale Sale will allow firm to focus on 'strategic segments', says CEO.
Asian prices pointing north 'Unstable' supplies reported at Busan.
Singapore expecting fewer fuel oil cargoes in January Higher freight costs make it difficult for traders to break even.
Shipowner to receive bunker-saving vessels Singapore-based firm aims to own eight similar vessels by 2015.
Chinese fuel oil stocks up Lukewarm demand for bonded bunkers at East China.
Petrobras Bunker to close on holidays Staff to assist in bunker enquiries from December 26 onwards.
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