China Cosco boxship to make inaugural transit through new Panama Canal locks The vessel, Andronikos, will make the first transit through the expanded waterway on June 26.
Prestige ruling puts oil spill compensation system in jeopardy, says ICS Chamber calls for IOPC Funds members not to sacrifice system for interests of individual countries
TAL-Triton container leasing merger on track for June closing Combined entity will control 25% of intermodal freight containers and aims to make annualised savings of $40m
Capes charge ahead with some cracks Strong sentiment continues although some routes starting to show signs of weakening perhaps due to the expansive holidays
Asia-Europe carriers push through May GRIs But overcapacity on the transpacific trade sees lines struggle to justify latest GRI attempts
Yangzijiang Shipbuilding sees 37% fall in first quarter net profit Revenue dented by lower contributions from shipbuilding segment
Singapore port authorities cancel licences of two bunker companies Investigations revealed discrepancies and incorrect declarations in records on board bunker vessels
Brussels greenlights CMA CGM takeover of NOL Update: Sets condition of NOL leaving G6 alliance next year, as already pledged by CMA CGM
Can US crude exports on tankers emulate LPG? Investment in appropriate infrastructure is needed but there are significant questions over the economics
Yard Talk | No merger in short run for South Korean giants SHI and DSME are to survive on their own for now, but there are still longer-term prospects
Fortuna FLNG project delay deals another blow to Golar Golar LNG has an agreement to provide midstream chartering and operating services for the project
China Cosco incurs deeper net loss on unit disposals Group expects more losses ahead as shipping market shows no signs of improving
Panama Canal cargo transfers skew US propane export data Panama showing up as propane exporter to China and Japan even though it does not produce any
Indonesian thermal coal cargoes could pose fire hazard, warns London P&I Club Indonesian coal has tendency to self-heat and emit volatile methane gas
Cosco Pacific first-quarter profit rises 31% on share disposal gains Profit increase due mainly to company disposing of its entire stake in subsidiary Florens Container Holdings
Shell terminates three FLNG orders with Samsung Heavy Industries Contract termination follows Woodside Petroleum's announcement to halt Browse FLNG project citing difficult market conditions
Asia sea robbery incidents down in first quarter 2016, says ReCAAP No piracy incidents reported during January to March period
Global Ship Lease welcomes ocean carrier alliances Consolidation to bring stability to volatile containership industry
Paragon Shipping stock price surges Cancellation of $2.2m debt leads to five-fold increase in stock price in a single day
Rotterdam 380 CST bunker fuel above $200/mt on buoyant crude $200 level last seen in November.
Singapore starts construction of deep-water Tuas Terminal Phase 1 Completion of Phase 1 in early 2020s.
Singapore imports 347,168 mt of fuel oil from Iran end-Mar to end-Apr Data has resurfaced since trade sanctions against Iran were lifted in January this year.
Singapore's WE Bunker appeals $1 mil payment order to Viet Hai Petroleum Case centers on a series of transactions in 2012.
Short-term impact on Singapore bunker market after Vermont UM loses license Exit will mean some barge congestion and reduction in spot bunker fuel volume.
Competition intense for heavy fuel oil in St. Petersburg: sources Following a move by one supplier to add heavy fuel oil to range of products it offers in the market.
Japan's JX seeks to raise Q2 fuel oil prices 7-11% from Q1 on higher costs JX's fuel oil prices are used as benchmarks by Japanese industrial buyers.
WFS committed to marine segment despite challenging market conditions: CEO The company's marine segment reported a 27% decline in gross profit for the first three months of 2016.
Crude prices push USGC HSFO above $30/b for first time since November Most of the reason for the rising price has been due to increases in the underlying crude market.
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