Thornico's new dry bulk unit to focus on short-term charters Many dry bulk companies are suffering because they are too exposed to long-term charters, executives say
TOP Ships posts first-half return to profit Tanker owner's share price soars on Nasdaq
Suezmax earnings drop 90% during the year Crude from Russian far east ports trickles into the US west coast
Idle fleet surges as peak season fizzles out No respite for owners as overcapacity shows in lay-up figures
Geared bulkers suffer as China loses appetite for sugar imports Long haul trade affected by reduced imports from Brazil
APL upgrades US west coast services Additional port calls in Central America
Oil tankers in floating storage drop sharply, led by Singapore LLI data shows fall in Singapore floating storage despite more floaters in UK
US port projects granted $61.8m in government funding Six Tiger grants going to projects related to commercial seaports
Chinese new tonnage prices to slide further Shipbuilders continue to struggle amid fierce competition or even price wars
South Africa court rejects joining Sinopec to OW Bunker action Ruling could strengthen ING's hand in worldwide legal drama
GasLog Partners seeking to raise $54m from public offering Master limited partnership to put out about 2.75m of its common units to the market
One Belt, One Road to raise investment opportunities for Chinese port operators Overseas expansion to broaden port operators' networks and raise service levels to retain customers
Thornico launches new dry bulk arm Thorco Bulk will position itself as an asset light operator
Genting Hong Kong expects first-half net loss net loss Loss mainly attributed to lack of one-off accounting gain and proceeds from share disposals
Deal with HMM 'preserves value' of charters, says Danaos Greek boxship owner discloses compensation details as it posts 25% profit increase
Gurnee: tanker sales 'skewed downward' Transactions taking place in the market representative of values of modern vessels, Ardmore chief executive says.
Analysts cut Ardmore to still-strong outlook Rate expectations pull down estimates for earnings and stock price; 'strong upside' in view.
Team Tankers hands shares to Morten Arntzen Executive chairman of chemical tanker owner provided with first installment of shares awarded in September.
Hanjin talks keep Danaos payout off table Danaos chief executive says it is hard to speculate about resuming a dividend amid contract uncertainty.
BW Group sharpens DSME LNG orders Owner converts existing order into FSRU, amends price and deliveries while agreeing new pre-payment terms and VLCCs
RCCL lowers forecast due to Brexit Cruiseship owner reports strong result in the second quarter but is bracing for Brexit negative impact.
Gurnee stays bullish as Ardmore pays out Chief executive says market will turn for the better this winter with balance improving into 2017.
Commerzbank shipping provisions 'still high' German lender cautious on shipping exposure amid general profit warning today.
Fesco gives Hellman special mission Former Credit Suisse man is taking over Russian owner's restructuring efforts.
POSH turns red as revenue drops Singaporean offshore vessel owner takes a hit amid tough market conditions.
Mamp;A interest around Maersk Line results World's largest containership owner forecast to post quarterly loss.
Ineos delayed on ethane cargo from US Gulf Inaugural voyage was expected on Monday for new leg of seaborne ethane trade.
Gulf Nav ups profit but debt problem remains Chemical tanker owner makes more in the second quarter but auditors highlight accumulated loss.
Danaos in Hanjin talks after HMM deal John Coustas pleased with Hyundai settlement but outcome of new discussions is uncertain.
Fire at Jurong Shipyard brought under control Up to 70 firefighters used at one stage to battle fire on Chinese vessel berthed at Singapore yard.
MPA revokes AC Oil's bunker licences Singapore company conducted transfers without approval and carried unlicensed products.
Transocean agrees to acquire Transocean Partners US-listed MLP spin-off lasts less than two years amidst depressed deepwater rig market.
GasLog Partners hits fundraising trail Proceeds to go towards acquisitions, debt repayment, capital expenditure and working capital.
Moody's warns over Chinese container ports Terminals facing major headwinds from slower economic growth and a weaker throughput outlook.
Yusen strengthens presence in Cambodia Yusen Logistics (Cambodia) Co., Ltd. opened a temperature-controlled distribution center in Phnom Penh, Cambodia Monday. The 33,000-square...
U.S. Customs delays air cargo security rulemaking again Making it mandatory for airlines and freight forwarders to file advanced information about cargo loaded onto aircraft bound for the United ...
Report: CJ Korea Express acquires 50% stake in Chinese logistics firm CJ Korea Express will invest 81.1 billion won (U.S. $72.09 million), equal to 3.42 percent of the company's equity capital, for a 50 percen...
21 Air ready for take-off 21 Air, a new airfreight carrier, is ready to begin operations following approval from the U.S. Department of Transportation. Previously a...
Great Lakes shipyard faces $1.4m in OSHA penalties The Occupational Safety and Health Administration (OSHA) has accused Fraser Shipyards Inc. of Superior, Wis. of exposing its workers to haz...
NAFTA trade falls for 17th straight month The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) Canada ...
AirBridgeCargo President Ilin resigns Denis V. Ilin, executive president of the AirBridgeCargo Airlines LLC (ABC), is resigning his post in accordance with mutual agreements, pa...
Special Coverage: The tech-first freight broker Source: Cargo Chief People in the technology industry often talk about waves. Waves of innovation, waves of adoption, waves of development....
Jacintoport, Seaboard settle false claims lawsuit The U.S. Justice Department on Monday said Jacintoport International and Seaboard Marine Ltd. have agreed to pay $1.075 million to settle a...
Afghanistan accedes to WTO Afghanistan has become the 164th member to accede to the World Trade Organization (WTO). In 2012, Afghanistan committed to joining the WTO...
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