Posidonia causes VLCC rate spike Charterers demand vessels before owners head off to sun-soaked shipping show
TEN reports profitable start to 'pivotal year' Deliveries over next 18 months will give further boost to earning potential
Italian owners bash fund players for overcapacity That said, conventional owners continue to face financial constraint amid industry downturn
Uptick in charter activity has little impact on rates Brokers expect rates to remain low until there is sustained recovery in global trade
Höegh LNG Partners posts $1m loss Pipeline of drop-downs from Höegh LNG creates growth opportunities
HMM bondholders give nod to debt restructuring Investors have approved debt-to-equity swap and extension for Won630bn public bonds
Zero tonnage growth needed to restore dry bulk profits, says BIMCO Buy one, scrap one, says president Philippe Louis-Dreyfus
DSME and Transocean agree drillship delay New delivery date has yet to be determined
ArgoGlobal promotes Hamilton as part of marine cargo expansion plan Opportunities in sector despite difficult market conditions, says ArgoGlobal head of marine and energy
Synergies and cross-marketing drive Skuld bid for SMA/Gerling, says Hansen Fellow Norwegian P&I club better fit for hull and machinery specialist than German insurance giant, chief executive contends
Frontline targets growth as profit rises sevenfold John Fredriksen-controlled tanker company gets $275m boost to newbuilding and acquisition fund
Jinhui Shipping in restructuring talk with lenders Bulker owner reported $18.4m net loss for first quarter of 2016
Cheap freight helps Australian LNG reach new markets Curtis Island terminals are shipping LNG to Mexico, Argentina
Impairments weigh on Bumi Armada's first-quarter net profit Impairment charge in period related to a multipurpose construction vessel within its Offshore Marine Services business
South Korea's Incheon Port throughput surpasses 223,000 teu in April Imports comprised 53.3% of total cargo volumes handled at the port
Teekay to chase STX for award cash New York-listed tanker owner acknowledges uncertainty in collecting $32.4m court win.
Weak markets hit Golar LNG results Oscar Spieler-led LNG shipowner sees weak Q1 as project delays hit rates.
Golar Partners makes less in first quarter US-listed MLP sees profit chopped as it misses the analysts' estimates by nearly $0.20 per share.
Ship Finance (mostly) mum on Seadrill woes Two of three units chartered to sister Fredriksen companies are without contracts as Seadrill negotiates with stakeholders.
VLGC supply being absorbed, Dorian says US-listed gas ship owner cites continued demand in China, India as driving demand.
Fredriksen's Frontline sticks to dividend guns Payout policy unchanged with first quarter a one-off at time of acquisition opportunities.
Safe in deal with ING to ease covenants Agreement is the latest in series to bring more financial flexibility to New York-listed shipowner.
Irish Ferries books ropax at Flensburger German yard collects contract for large vessel in deal that includes single option.
Golar LNG makes less in first quarter US-listed MLP sees profit chopped as it misses the analysts' estimates by nearly $0.20 per share.
Hoegh LNG Partners posts Q1 loss FSRU spin-off from Hoegh LNG says volumes strong, but offhire days cut into results.
Ship Finance profit slips, Apexindo in arrears Ole Hjertaker-led company trumpets profit history amid questions over rig contract.
Dorian LPG finishes fiscal year strongly New York-listed VLGC specialist has fleet growth to thank for strong final quarter profit.
HMM wins support from bondholders South Korean owner secures backing from investors controlling debt worth over $500m.
Irish Ferries books ropax at Flensburg German yard collects contract for large vessel in deal that includes single option.
Reach Subsea: red but ready Oslo-listed outfit logs first quarter loss but is positioned to move on new opportunities after restructuring.
Frontline VLCCs at STX 'cancellation candidates' Analysts say quartet could be culled, as they weigh up impact of Korean yard struggles.
Deep Sea Supply sounds debt hopes John Fredriksen-backed offshore owner says discussions progressing well with banks.
Bumi Armada profit down two-thirds in Q1 Impairments and charter dispute with Woodside take their toll at Malaysian FPSO specialist.
Yangzijiang shares upgraded following sell-off Singapore-listed shipbuilder has "upside potential" of almost 20%, say analysts at OCBC.
Tank storage provider Royal Vopak divests 40% stake in Nippon Vopak Proceeds from divestment will be used to execute Vopak's growth strategy.
More than a third of Singapore's bunker vessels fitted with mass flow meters 79 out of 224 registered vessels have MFMs.
TENDER DATA: Taiwan's Formosa sells 40,000 mt fuel oil for June 8-10 Discount of around $20/mt to MOPS 180 CST HSFO.
Rosneft, Hellenic Petroleum agree terms of direct crude, product supply Deal allows Rosneft to sell oil products from Hellenic Petroleum's refineries for bunkering and trading.
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