Indispensable - or irresponsible? Our second business briefing, in London on September 29, will look critically at how shipping is facing its own future
Operating leases to be held up to the light Opaque accounting is about to be made transparent. Publicly traded shipping companies, and their shareholders, should prepare for change
Shipowners' Club holds rates for third year on the trot Surplus of $12m and combined ratio of 98% for smaller vessel specialist
Shell locks down deal to be first LNG fuel provider for Carnival cruiseships Shell will power two vessels to be deployed in 2019 as part of Carnival's fleet of seven LNG-fuelled ships
Shipping looks challenging but manageable for Deutsche Bank Book in relatively good shape, although some clients suffering
Cyber and data privacy top list of shipping risk concerns Impact of globalisation also causing concern after Hanjin, says Willis Towers Watson
Safe Bulkers in $48m newbuild sale deal Company agrees to sell two newbuilds to chief executive Polys Hajioannou in a move to reduce capex exposure
Scorpio Bulkers wins delay and $13m discount on six newbuilds Bulker owner will receive the six new vessels three months later from multiple yards
Working in the danger zone Risks abound at the interface where land meets sea
Data Hub: Load Factors Hanjin's demise may well have had a minimal impact on Asia-Europe utilisation, but carriers' moves to limit capacity on Asia-northern European services look set pay dividends in the fourth quarter
BW LPG improves offer to buy rival Aurora LPG Major shareholders already backing deal, which will extend BW LPG's already large market share in VLGCs
Data Hub: Charter Rates Hanjin redeliveries drive idle fleet to four-month high
P3 veto 'a missed opportunity' to establish alliance safeguards The planned vessel-sharing agreement would have been a model for others, says MSC lawyer
JES International reports wider losses for 2015 fiscal year Losses come as China-based shipbuilding assets remain in limbo
Olympic Ship and lenders push back debt solution deadline again Norway-based carrier will keep paying interest but not amortisations or maturities
Ocean International to start mandatory buyout of remaining Otto Marine shares Move occurs after firm acquires more than 90% of Otto Marine's shares
Cosco Singapore pushes back rig delivery date Owner can take delivery of completed vessel any time during extension period with 80 days' prior notice
Singapore commences 2016 training course for maritime leaders Programme to be attended by 26 participants from Asia, Africa, the Caribbean, Latin America, Middle East and Oceania
DFDS inks deal for two ro-ro vessels from CSC Jinling yard Agreement includes option to build four more ships
Navig8 Chemical terminates five-vessel newbuilding deal with STX Company refunded previous instalments
COSCO SHIPPING flexes its muscles Exclusive: Group chairman Xu Lirong says fewer players and bigger alliances can lead to less divergence and more co-operation in the container trades
Fredriksen's Seadrill takes on Tullow Oil Drilling contractor's spinoff says it disputes force majeure on semi-submersible rig.
Coscol lands major Kazakh heavylift job Chinese shipping giant subcontracts some of deal to South Korean partners including Dongbang and Hanjin Transportation.
Aurora deal shows new VLGC price low Sweeter takeover offer from BW LPG still suggests a souring in the value of LPG carriers.
Hajioannou buys Safe Bulkers newbuilds New York-listed bulker owner sells two vessels to its largest shareholder for $48.2m.
BP Shipping sells products tanker brace Indonesian owner understood to have picked up pair in deal worth north of $20m.
Wisdom prices for $36m share purse Cash from stock sale will fund newbuilding programme, Taiwanese owner says.
Skou's targets differ from Andersen's ABN AMRO suggests that new chief executive will look to strengthen Maersk Line rather than shrink it.
Genco wins more time to refinance Georgiopoulos-led bulker owner wins at least another month to conclude rescue deal.
Carnival signs LNG deal with Shell Oil major will provide the fuel to power cruise giant's new generation ships.
Containership scrap age has crashed
Ford almost a victim of Hanjin's woes Car manufacturer came close to halting production in Australia due to South Korean owner's delays.
Fujian Southeast wins tanker double Offshore specialist bags order for two small vessels from Malaysian owner.
Libyan army intercepts boxship Turkish vessel 'forced to dock' at Tobruk for inspection.
Pareto lowers tanker rate outlook after OPEC 'kick in teeth' Analysts at Norwegian finance house say "small storm" on the way after 12 calm quarters.
Maersk Supply Service axe falls again OSV division says up to 25% of shore staff will go as part of cost-cutting efforts.
Capsized boxship taken in tow Wreck of Mustafa Kan is being pulled to Cyprus to avoid grounding in Italy.
Olympic gets more time to restructure Stig Remoy-led company has been given second extension in less than a month.
Zim reschedules $115m of debt payments Israeli container line says deal with creditors demonstrates their support.
BW LPG digs deeper for Aurora LPG VLGC giant boosts offer for long-term takeover target.
Jinhui offloads second panamax bulker in a week Hong Kong and Oslo-listed shipowner takes year-to-date vessel disposals to eight ships.
Axis Offshore delays accommodation rig delivery Cosco Qidong Offshore yard agrees to postpone delivery of vessel for another twelve months.
Kawasaki Heavy may quit shipbuilding Japanese group set to be the latest casualty of depressed global newbuilding market.
Euronav forecast to post third quarter loss Deutsche Bank analyst also warns that consensus estimates for 2016 and 2017 remain too high.
Ports America, Cooper/T. Smith form joint venture in Houston Ports America and Cooper/T. Smith have merged their breakbulk operationsat the Port of Houston into a new joint venture called Cooper/Ports...
Hanjin containers clog Southern California ports The Hanjin bankruptcy has created ashortage of chassisin Southern California at the busiest time of year for many shippers and their trucke...
Feeder vessel size to influence Panama Canal patterns The expanded section of the Panama Canal that opened for business in late June was built at a tremendous cost to support the trend towards ...
IMO grace period for new VGM rules ends The "light touch" period for enforcement of new International Maritime Organization verified gross mass (VGM) container weight regulations ...
ZIM posts second straight quarterly loss despite volume increase ZIM Integrated Shipping Services reported its second straight quarterly loss in second quarter 2016 despite an increase in cargo volumes ca...
El Faro victims' families gather to remember crew A memorial was dedicatedat the Port of Jacksonville on Saturday to remember the 33 crew members who died when the TOTE Maritime cargo ship ...
FAA warns Braille Battery about air cargo shipments The U.S. Department of Transportation's Federal Aviation Administration (FAA) said on Sept. 16 it issued an emergency order to stop Braille...
FMC reviews 12 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 12 ocean transportation intermediary license applications and changes for review. ...
Freight rate roundup: Maersk, CMA CGM and Hapag-Lloyd Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd have announced freight rate increases. Maersk Line is increasing "Freight All Kinds" F...
Foot on the accelerator At first glance, Chattanooga, Tenn.might not seem likethe type of glamorous city to draw some of the most innovative technological idea cre...
South Riding Point oil terminal in the Bahamas braces for Hurricane Matthew The storage facility, located on Grand Bahamas Island, includes 10 crude storage tanks with capacity of 6.75 million barrels and two shipping berths.
Brent settles above $50/b following Rouhani/Maduro discussion NYMEX November light sweet crude settled 57 cents higher at $48.81/b, while ICE December Brent rose 70 cents to $50.89/b.
Former Centra bunker fuel trader joins ENOC Singapore Chng had been out of the market for around two years before this week's return.
First Rotterdam delivered bunker bid in Platts MOC he emergence of an MOC process for bunkers is a new addition to develop more transparency in the marine fuels market.
REFINERY NEWS: Gunvor's Antwerp plant in maintenance until Nov: source
External: Praxis Energy Agents S.A
FUTURES 2: Crude futures lose steam after OPEC agreement rally
External: Wired Bunkering
Shell to supply world's first LNG-fueled cruise ships This would be the first time LNG in dual-fuel engines will be used to power cruise ships both in port and at sea.
Former Lukoil Asia fuel oil trader joins Trafigura Singapore Kidd left Lukoil in August this year, after working with the company for around two years.
Bunkers torn between volatile crude, weaker seasonal demand The key bunker fuel grade at Rotterdam, 380 CST fuel oil, rose steadily to the middle of August although buying pressure was not sufficient to push prices above the $250/mt level.
FUTURES: Crude falls on oversupply; ICE Brent crosses $50/b mark
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