Brussels monitors suspected tonnage tax abuses Commission concerned that some EU countries are extending scope of preferential tax scheme beyond shipping
Diana and Jiangnan agree new delay to newcastlemax brace Revised delivery dates are second pushback this year
And the winners are.... The great and good of shipping's glitterati gathered in London to celebrate innovation and excellence
GasLog remains mum on Samsung LNG order But third-party sources are adamant Monaco-based owner is behind $190m contract
VLCC mini-spike sparks winter hope Is this the start of the strong winter crude shipping market, or a false dawn?
Aker owner spends $810,000 on Ocean Yield shares Kjell Inge Røkke boosts family stake with 100,800 share purchase
Solstad creditors clear the way for merger and share capital increase Aker capital is set to become a major shareholder as Solstad eyes Rem Offshore deal
Asia-Europe rates continue inevitable slide Transpacific rates hold firm, but with China's Golden Week set to trigger a downturn in demand, they too are expected to weaken in the weeks ahead
Yard Talk | Easy go, easy come A large part of shipbuilders' capacity reduction can be quickly resumed
Capt Xu picks up the baton How will Xu Lirong cope with following in the footsteps of Wei Jiafu and Li Keqiang?
Board shake-up takes place at Jurong Port Port operator gets new chairman and two directors
Cosco Shipping Co to change name and consolidate ro-ro business New name is Cosco Shipping Specialized Carriers Company
South Korean government to invest $13bn in ports infrastructure Authorities aim to boost global competitiveness of Korean ports
DSME gets one-year grace period to meet listing requirements Shares to remain suspended from trading
VGM enforcement comes into effect Three-month grace period ends on October 1
Eagle Bulk appoints new chief financial officer Frank De Costanzo will take over from Adir Katzavat dry bulk company
Esben Poulsson quits FSL Trust board amid disagreements Director had conflicting views with some other board members, says First Ship Lease Trust
Ship Finance International upsizes convertible bonds to $225m Update: Notes will pay an annual interest rate of 5.75% quarterly in arrears
Samsung Heavy Industries awarded LNG carrier newbuilding deal Contract marks first order the South Korean shipbuilder has secured this year
NYK completes stake-buying in EMAS Chiyoda Subsea joint venture NYK takes 25% stake in company while Ezra Holdings has 40% and Chiyoda 35%
Scorpio Group amends management agreements Tanker and bulker arms to remove 1% fee payable to Scorpio Services Holding
CBP pushes back ACE deadline for post-release functions U.S. Customs and Border Protection (CBP) on Thursday announced it is pushing back the mandatory date for all importers to file certain post...
MOL obtains $987m 'hybrid loan' Japanese ocean carrier Mitsui O.S.K. Lines, Ltd. (MOL) has signed an agreement to procure a 100 billion yen (U.S. $987 million) "hybrid loa...
SSA's Stubkjaer receives Connie Award SSA Inc. CEO Knud Stubkjaer received the 2016 Connie Award by the Containerization & Intermodal Institute (CII) in Long Beach last Tues...
SCFI slips on major trades The Shanghai Containerized Freight Index fell 3.5 percent since last week to a reading of 707.68 today as several major trades experienced ...
Damco CEO resigns amid Maersk restructuring Hanne B. Sørensen, chief executive officer of Damco, the third-party logistics subsidiary of Danish shipping conglomerate A.P. M'ller - Mae...
Maersk Line beefs up reefer fleet Maersk Line is beefing up its refrigerated container (reefer) fleet with 14,800 new refrigerated cargo containers, the company said in a st...
NYK closes on acquisition of minority stake in subsea construction firm Nippon Yusen Kaisha (NYK) has closed on the previously announced purchase of a minority stake in subsea construction firm EMAS Chiyoda Subs...
UECC takes delivery of world's first LNG-powered PCTC vessel United European Car Carriers (UECC) yesterday took delivery of the world's first LNG-fueled pure car and truck carrier (PCTC) capable of be...
Port of Vancouver, Wash. seeks permanent CEO The Port of Vancouver, Wash. is looking for a new, permanent chief executive officer and executive director, according to a statement from ...
Kerry Logistics rebrands majority-owned Swedish subsidiary Kerry Logistics Network Ltd. has rebranded Albini & Pitigliani Sverige AB, commonly known as ALPI Sverige, as Kerry Logistics (Sweden) ...
Special Coverage: Canada's eastern ports plan for upgrades Port of Montreal's Maisonneuve terminal Source: Port of Montreal Container traffic moving in and out of Eastern Canada is predominantly han...
NCBFAA urges CBP to create regulations on low-value, duty-free shipments The National Customs Brokers and Forwarders Association of America (NCBFAA) is urging U.S Customs and Border Protection (CBP) to consider g...
APL retracts "K" Line comments APL Logistics said its employees are retracting earlier statements they made about the Japanese carrier "K" Line possibly filing for bankru...
Commerce upgrades Q2 U.S. economic growth projection United States gross domestic product (GDP)-the broadest measure of a nation's overall economic health-increased 1.4 percent during second q...
Lawmaker urges USDOT to consider further crude-by-rail regulations U.S. House Rep. Jaime Herrera Beutler, R-Wash., is urging the Department of Transportation to consider further regulation of freight trains...
Airports step up lookout for illicit wildlife trade Airports Council International (ACI), a trade association representing the world's airports, has approved Resolution3,supporting the United...
Hanjin Shipping lays off about one-third of U.S. staff Sources say Hanjin Shipping will layoff about 180 members of its 500 person workforce in the U.S. on Friday. Fewer employees are needed be...
Chamber of Marine Commerce, CSA merge The Chamber of Marine Commerce and the Canadian Shipowners Association (CSA) have agreed to a merger. Under the terms of the agreement, th...
Executive Moves: Norfolk Southern, SynchroNet and Alliance Shippers Norfolk Southern Corp. said James A. Hixon , executive vice president oflaw and corporate relations, and chief legal officer, will retire e...
Houston IFO 380 CST at highest monthly average price since July 2015 The September average was $236.70/mt ex-wharf, the highest monthly average since July 2015, when it was $290.70/mt
Oil rangebound as focus remains on details for OPEC deal NYMEX November crude settled 41 cents higher at $48.24/b. ICE November Brent, which expired Friday, settled down 18 cents at $49.06/b.
REFINERY NEWS: South Africa's Engen to restart October 3 Durban's Engen refinery will resume operations October 3 after completing scheduled maintenance
Minerva Bunkers to close Piraeus, Seoul offices Company will centralize European operation in Las Palmas
External: Wired Bunkering
TRADER NOTE: Cockett Group appoints three new traders Athalia Kooslarto and Sachin Singh joined as senior traders in the Australian and UAE offices, respectively. Pramod Nair was appointed as a trader at the India office.
South Africa raids container shipping companies South Africa's Competition Commission has raided the offices of six container shipping companies to investigate an allegation of freight rate fixing
TRADER NOTE: Former Consort Bunkers fuel oil trading manager joins Brightoil Yip started at the company Monday
External: Marine Bunkering(Rotterdam)B.V.
FUTURES 2: Crude falls over 1% as focus returns to incumbent oil glut
FUTURES: Crude inches lower as optimism over OPEC proposal fades
Russia to hold active consultations with OPEC in Oct/Nov on output freeze
FACTBOX: Oil price rally fades as markets digest OPEC's cut deal plan
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