Navig8 Product Tankers sells and leases back three LR1 product tankers Navig8 unit expects proceeds of $118.8m from deal with BoComm
Nordic American Offshore losses deepen amid industry woes North Sea-focused company still declares dividend despite heavy operating cash outflows
MSC vessel and NITC VLCC collide in Singapore Strait UPDATE: MSC Alexandra sustained port quarter hull damage while Dream II damaged at the bow
PierPass fee hike complaints attract FMC attention Quality of service and transparency of auditing process among shippers' concerns
Demand from Asia and Europe pulls LR2 tanker earnings to four-month high MR rates in Atlantic drop further but trades in other regions remain stable
GasLog posts increased revenues from larger fleet Owner of 18 LNG carriers remains upbeat on future demand outlook
SGX offers to buy Baltic Exchange for $102m Update: broker group says individual members will make recommendations directly to Baltic board
Improving outlook for container sector Supply and demand heading towards balance as volumes increase
Genco's loss almost triples Update: Bulkers owner agrees extension of capesize time charter at rate higher than industry benchmark
Hanjin Shipping creditors extend restructuring deadline South Korean line gets more time to persuade shipowners on charter rate cuts
MISC second-quarter profit increases on acquisition gains LNG, offshore and engineering segments take a hit, petroleum gains
DSME facing lawsuit from South Korea's national pension fund NPS filed suit against DSME at the Seoul Central District Court claiming $43.9m in damages
Milaha first-half results weighed by industry slowdown Maritime and logistics segment saw 7% fall in revenue, with container shipping under pricing pressure
Euroseas cancels ultramax newbuilding with Chinese shipyard Cancelled vessel initially scheduled for delivery in the second quarter of 2016
Swiber enters judicial management Court grants approval to discharge provisional liquidators and withdraw winding-up application
Navig8 Chemical Tankers posts stronger second-quarter profits But depreciation costs weigh on Navig8 Product Tankers' results
Seaspan targets $259m in preferred issue New York-listed containership owner prices new shares at $25 with slightly lower payout rate than last fundraiser.
Hornbeck rejects claims of OSV 'bottom' After second quarter comes in worse than expected, shares slide 16.9%.
GasLog: 'encouraging' LNG spot market signs Levels of activity and return to return to 'round-trip economics' bode well for market, though it's too early to call.
TIL shares ride high after strategy shift Oslo-listed owner sees stock spike after earnings beat and change of plan.
Eagle Bulk tees up 20-for-1 reverse split Bulker owners shares likely no longer measured in pennies after Friday.
Seaspan preps new preferred shares for sale Issuance would be third such this year, and the second available to public.
DNB: Terminals to lead AP Moller-Maersk IPOs Division's stable returns likely to see it become the first spin-off for Danish group.
US Gulf ethane dock ready later this month Ineos-chartered vessel heads to US East Coast for cargo as other dock not quite ready.
NAO loses more but still eyes growth Spin-off of Nordic American Tankers performs worse than what the market expected in second quarter.
Seaport measures capesize chopping block Magnus Fyhr says half of capes over the age of 15 need to go to balance the market.
GasLog tops forecasts in second quarter Peter Livanos-backed firm saw more vessel operating days during the second quarter.
FSL sees second quarter profit slip back Chief executive Alan Hatton says results are stable given the smaller fleet.
Charter coverage key for MISC Malaysian owner says contract book will help keep income stable amid sober market outlook.
Siem Offshore extends charter once again Idar Hillersoy-led company keeps seismic vessel on water
NITC and MSC giants collide in Singapore Both VLCC and containership sustain damages following incident off the Sebarok Island.
Cancellations hurt Teekay Offshore results Unit for maintenance and safety (UMS) cancellations result in bottom-line loss.
Teekay Tankers sells and takes cover Owner confirms MR deal and reveals moves to bolster time charter coverage.
Teekay Corp thanks shuttle tankers Amid second quarter earnings miss Peter Evensen says income from the division pushed cash flow beyond expectations.
Tanker Investments in for the long haul Oslo-listed tanker owner confirms new company strategy in the face of falling rates and vessel values.
Navig8 Chemical books three-fold profit increase Fleet growth helps Nicolas Busch-led shipowner bring in the cash, despite seasonal rate weakness.
Top Ships funds last of MR tanker newbuildings Evangelos Pistiolis-led product tanker owner says six vessel program now fully funded.
Lawsuits impacting STX Shipbuilding restructuring efforts Struggling shipbuilder said to be facing 25 civil actions involving demands for KRW 102bn ($93m).
Impairments hurt Genco in second quarter Peter Georgiopoulos-led bulker owner posts another quarter in the red, but revenues look to have bottomed.
CAGTC says DOT multimodal awards overlook freight priorities Freight projects came up short of expectations in the latest round of Transportation Investments Generating Economic Recovery (TIGER) grant...
Report: HMM to list new stock Friday South Korean liner carrier Hyundai Merchant Marine (HMM)will list new stock on Friday after wrapping up its restructuring plan, the Korea H...
Drewry: Terminal operators will be challenged by weak container growth, rising costs Terminal operators face the dual challenge of weaker demand growth and rising operating and capital costs due to larger vessels and allianc...
Port of Virginia aims for more transshipment cargo A new direct liner service to Baltimore cut into the Port of Virginia's container business that moves by barge during the fiscal year ended...
MSC vessel, VLCC collide in Singapore Strait A 14,000-TEU Mediterranean Shipping Company (MSC) containership and a very large crude carrier (VLCC) owned by Iran's National Iranian Tank...
SGX makes offer for Baltic Exchange The Singapore Exchange (SGX) said it is moving forward with its plan to acquire London's Baltic Exchange in a deal that values the exchange...
Railroads challenge California's hazardous material fee Two Class I railroads, BNSF Railway Co. and Union Pacific Railroad Co., have filed a lawsuit in federal court challenging a California law,...
XPO's net income, revenues skyrocket in Q2 XPO Logistics, Inc.'s most recent financial statements revealed the company's net income attributable to common shareholders totaled $42.6 ...
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