Ballast water convention outcome delayed to early 2016, says IMO Flag states await guidance on ballast water management systems.
BW negotiating FSRU charter with Brazilian group BW Group's gas tanker, BW Havlys. Photo: Dietmar Hasenpusch BW Group is said to be in discussions with a Brazilian power generation enterprise for a floating storage and regasification unit (FSRU) charter contract. IHS Fairplay was told by company sources that BW unit BW Gas is in talks with Bolognesi Energia,...
Container freight rates may improve in 2016 Containership freight rates could see an upward trend as retailers stock up.
Bunker prices plunge to a new low amid high sales volume Singapore's bunker prices continue to slump to a new low on 22 December 2015, hovering around USD167.50 per tonne for CST380 fuel. The record low bunker prices is a reflection of the supply glut in the market that followed closely to the drop of Brent crude oil price that hit a...
Shanghai exchange wants merger clarity from Cosco, China Shipping The giant 19,000 teu CSCL Globe will be incorporated into the China Cosco fleet.
2015: the ship finance year that died half way through From optimism to bust in just 12 lousy months
Scorpio Tankers enters time charter-out pacts for two product tankers Also issues update on share buyback programme
Shandong Shipping inks leasing pact for 10 post-panamax bulkers Ships ordered through SDTR Marine, a joint venture between SSC and Singapore's SDTR Marine
Abu Dhabi Ports opens upgraded Al Mirfa port Port development project to support and serve local community
Cosco Dalian Shipyard faces order cancellation and delay Newbuildings linked to Hong Kong owner KC Marine
Enterprise Products, Vitol to export US crude in January Cargo likely to be first US crude export after 40-year ban was lifted
SK E&S picks Hyundai Heavy Industries to build LNG carriers Electricity provider to order 2-3 membrane LNG carriers with 180,000 cu m capacity
Maersk Broker takes strategic stake in Wonsild Dry Despite weak market conditions, Maersk will continue to grow dry cargo activities
Boustead Heavy Industries sells three chemical tankers at a loss Vessels sold to Silk Holdings subsidiary Jasa Merin, in cash transaction
RBS slices GulfMark credit line in half Agreed changes provide more lenient covenants but won't allow newbuilding to be financed.
Bangladesh demolition buying sees slowdown But Indian buyers step up game, according to Athenian Shipbrokers report.
Sharma named Essar managing director Board of directors at Indian owner appoints chief executive to new leadership role.
US crude afloat in January Energy firm Enterprise tips first cargo of domestic crude to be exported as ban ends.
KKR sights chemical tanker consolidation New private equity co-owner of Chembulk shines a light on plans for the shipowner.
Tanker man charged in Petrobras scandal Former J Lauritzen and JJ Ugland executive accused of paying bribe to secure charter.
Star Bulk's board OKs reverse share split The Petros Pappas-led company seeks to boost share price through the move.
Jasa breaks into chemical tankers Malaysian offshore vessel owner diversifies with the acquisition of three vessels from compatriot BHIC.
End of voyage for P&I club The mutual that insured the Titanic wins court approval for transfer of outstanding liabilities.
Mercator Lines sells bulk carrier trio A lender of the struggling Singapore-listed owner forces the disposal of three vessels for $14.8m.
Scorpio secures period work for products pair New York-listed owner nets three-year deals for handymax duo and snaps up more of its own stock.
Steamship Mutual set for good result Gary Rynsard led P&I club that headed this year's profitability league expects another significant boost to free reserve.
Chambal seeks aframax fleet sale Indian shipowner looking to dispose of its five tankers in an effort to raise cash.
Brightoil buys tanker from chairman Dr Sit Hong Kong-listed company pays $8.4m for small tanker owned by Chinese billionaire boss.
Korea Line Corp set to exit VLGC market Brokers say owner is lining up the sale of its only LPG carrier.
Supramax sale shows further price pain Mystery Greek owner nets bulker for around half of its value at the start of 2015.
Boskalis closes Kotug alliance European harbour towage firms finalise joint venture with 65 tugboats in 11 countries.
Golden Flame torches panamax bulker Twenty-one-year-old ship sent to India for demolition by Dimitris Samonas-led company.
Lauritzen Foundation cools talk of DFDS sales Bent Ostergaard says any support for J Lauritzen can come without the need to offload stock.
Cosco Singapore set for funding boost Parental support could be on the way for SGX quoted shipyard left out of Chinese consolidation move.
Topaz vessel in mercy role Dubai offshore player's newest ship playing pivotal role in Mediterranean rescue mission.
MMHE scores offshore work Malaysian shiprepairer and offshore fabricator lines up five offshore contracts.
Lender bails on GOL Indian offshore player's bank sells out of loan.
LNG Bharat pushes ahead Indian FSRU player likely to get environmental clearance by next March.
Shell targets shipping costs in BG merger Combined oil and gas behemoth to unlock $3.5bn in operating efficiencies by 2018.
Carnival saves 16 Carnival Glory takes onboard migrants stranded on makeshift raft in the Caribbean Sea.
Brightoil sells new barge to Singapore subsidiary Vessel currently under construction due for delivery in mid-January.
Bid to make UN recalculate methane climate impact A 10-20 year view on global warming potential could impact attractiveness of natural gas and LNG.
Banking group looking for stake in Universal Terminal Final terms of a deal are being negotiated, and the talks could still fall apart.
St. Petersburg 380 cSt price advantage eroded Falling crude prices has seen discount compared to Rotterdam narrow despite relative increase in fuel oil export duty.
Chinese demand for fuel oil has been falling Refiners importing less.
RUSSIA DATA: November fuel oil exports down Fuel oil production has been dropping through the year.
Brightoil to start e-commerce operations in January Brightoil Online to offer customers new experience in oil trading.
Arrested vessel involved in bunker claim at India's Dahej ING seeking to claim $431,200 from National Navigation Company.
Singapore's MPA approves 6 more vessels with MFM for bunkering Over 120 bunkering vessels in Singapore still to get mass flowmeters.
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