Angola LNG loads first cargo in more than two years Export project in Soyo is back at last, with shipowners hoping it might eventually help lift freight rates for LNG carriers
Letters of Undertaking must bind clubs to pay whatever court orders, judge rules Mr Justice Blair interprets 'liberty to apply' clause
Ripples in handysize market Overall decline but some bright spots remain
Ignore the analysts - buy now and buy cheap Greek shipping leaders forget the forecasts and look for opportunities at Posidonia
Is India demand big for shipping? George Procopiou and John Coustas have different views
HMM in breakthrough deal with Zodiac Maritime Agreement reached on charters for 10 ships in move that paves way for restructuring conclusion
No time to relax for charter shipowners Summer may be here but there will be no break from ailing charter rates, leaving owners with much to ponder during the holiday period
Nigeria piracy smashing all records, Control Risks warns Attacks in first four months up 20% on previous peak year, as kidnaps run to three a month
Posidonia pushes VLCC rate up $11,000 Owners see spot earnings edge closer to the $50,000 per day level
Container charter rates are now cheaper than a gin and tonic Box rates on the rocks: CPO Holding chief Hermann Klein points out that $1 per day teu charter rates are equivalent to a round of drinks
BIFA advises members to take box weighing seriously Freight forwarders urged not to be complacent on box weighing grace period
Port of LA budget boosted to $1.2bn for 2016/2017 fiscal year Funds for day-to-day port operations rise 5.7% as cargo volumes and related shipping service revenues expected to grow
CMA CGM formally launches all-cash offer for NOL Shareholders have until July 4 to accept, with NOL to be taken private on completion of the takeover
ICS lobbying EU to blunt regional MRV regulation Chamber calls for European Union CO2 monitoring, reporting and verification to align with recently agreed IMO rules
Time to buy dry? Sentiment begins to warm in the dry bulk sector, but optimism could push the recovery away
One eye on the future at ABS as the role of class evolves Class society is also benefiting from new centralised approach, say senior executives
CIMC Enric to purchase UK's Briggs Group Deal would allow group to expand its geographical presence in the UK and US
China Cosco management shufffle brings new chairman for China Shipping Development CSD proposes company name change to Cosco Shipping Energy Transportation Co Ltd
Singamas Container Holdings expects significant first-half loss Conclusion is based on preliminary assessment of unaudited consolidated management accounts
ACL boost as UK prepares to wave the flag at Posidonia Grimaldi subsidiary to register at least one more newbuilding in the UK
Clipper ship to be released from arrest Owner strikes agreement with Haimark Line ending $16.1m dispute that started in February.
Gunvor opens new tanker terminal in Asia Trader commissions new oil terminal outside of Singapore for crude and clean products.
Tropical Shipping vessel aids in rescue US-controlled multipurpose ship saves two people stranded on dinghy off St Croix.
Physical supplier's OW lien rejected again Third US judge rules that with no contract with fuel buyer, physical supplier doesn't have power to seize ship.
NTSB preps mission to recover El Faro VDR Navy ship Apache to leave in July with specialised equipment to recover voyage data recorder of sunken ship.
Fierce bank fight for top-performing loans Bankers admit there's a scramble to back secure owners, but weak players face capital shortage.
Diana Containerships sets reverse split Simeon Palios-led company aims to maintain listing through boosting share price.
Team Tankers vessel refloated off Uruguay Chemical tanker Sisteam Anja freed after more than two weeks aground near Punta del Este.
Vietnam reassesses delayed Vinalines IPO Ministry of transport says owner's $1bn market value in 2013 now out of date.
Suez Canal cuts backhaul boxship fees Reductions of up to 65% being offered to vessels heading from US east coast to Asia as waterway chases lost business.
Eletson bullish on tankers; cautious on Korea Vassillis Kertsikoff says no clouds on two-year horizon, with yard situation vital long term.
Vyborg Shipyard's loss increases in Q1 Russian shipbuilder suffers from falling revenue in first three months.
Procopiou: 'Buy anything that floats' Veteran owner steals the show at Posidonia in outpouring of hard-won wisdom.
CMA CGM launches offer for remaining NOL shares After getting approval from European and Chinese authorities, French giant makes final step to acquire owner.
Youroukos: 'A question of balls' Poseidon and Technomar chief says it takes guts for investors to spend cash on larger second-hand boxships.
Tropical places feeder order at Wenchong US owner expanding fleet with four container vessels to be built in China.
CSBC wins boxship double from debutant Taiwanese yard clinches order from unknown newcomer Prevalence Holdings.
AHTS units make up bulk of offshore scrapping Clarksons says 12 OSVs sent to breakers in first four months.
HMM reaches key accord with Zodiac Eyal Ofer-led company understood to have agreed reduced rates with South Korean firm.
Havyard wins design contract for Esvagt ship Vessel will be sixth offshore unit to be constructed in cooperation between the two companies.
MOL leads exhaust gas study Japanese owner teams up with yards and ClassNK to develop new technologies for existing ships.
Credit Suisse third bank on Torm ticket Lender joins Morgan Stanley and Evercore as lead underwriters of IPO.
Technomar top Greek asset player in 2016 Six supramaxes captured from Hartmann give George Youroukos Posidonia bragging rights, data shows.
Hedgies tap shipping data for investment edge Idan Ofer, Google's Eric Schmidt and a clutch of billionaires behind quantitative hedge fund.
Hijackers steal 3,000-litre palm oil cargo Crew assaulted in second reported oil theft incident in South East Asia in less than a month.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
