Do not drink and order Shipyards and brokers peddling fresh tonnage in Posidonia might well be disappointed, despite their spacious and well decorated stands in the exhibition halls
Technology is a tool, not the ultimate objective Future-gazing research projects have met reality, says DNV GL
Supramax market ebbs despite strong period activity Modern tonnage fixed at $7,000 per day on time charters
Trafigura profit dips but traded oil volumes hit record Charterer's record traded oil volumes reflect global oil glut
London Stock Exchange on the prowl for shipping listings London's second act based on the city's expertise in maritime services
Suezmax rates hold on to gains on West African exports But aframax rates at lowest since October 2014
DNV GL targets 20% Greek growth as shipbuilding slows Global newbuild orders to date in 2016 are down sharply at 300 vessels, says class society
Tankers: the battle to convince investors American Shipping Co and other tanker owners face an uphill battle, but might just win in the end
Time for banks to consider shipping technology investment IACS chairman Christopher Wiernicki says shipping's future lies in technology-driven efficiency and productivity
Greek PM opens Posidonia with plea for trust Shipping provides an example to follow for troubled country, says Alexis Tsipras
Bremer Landesbank facing hundreds of millions of dollars in shipping losses Rescue speculation mounts as bad loans to industry make huge dent in balance sheet
Suez Canal offers up to 65% discount for Asia-North America east coast carriers SCA ups the ante to ward off competition from its soon-to-be-enhanced Panamanian rival
Swiber clinches $215m worth of new projects in Middle East and Asia Middle East deal is group's first offshore construction project in the region
Survival of the fittest or survival of the 'fleetest'? Focus on size and industry consolidation steers passionate responses
Port Hedland's iron ore exports rise in May However, volumes to China drop 0.1% on year
Buy preferred shares, there are not many of them Investment in preferred shares beats long-term average returns
Gleeson resignation: BW Group's management shake-up last year was catalyst Former BW Group CFO will probably turn up as chief executive of a much smaller company
North Atlantic Drilling extends standstill period for rig delivery with Jurong Shipyard Original standstill agreement inked in December 2015
What happens next? International shipping looks to Athens to answer its questions
DP World wins concession agreement for greenfield port in Ecuador Deepwater facility to serve Guayaquil city and Ecuador hinterland
Asia, Latin America to account for bulk of global port investment, says BMI Research New port projects will proliferate in emerging markets that are on strategic trade routes or close to growing consumer hubs
BW Group's Nicholas Gleeson resigns Chief financial officer previously held senior management positions at BW LPG and BW Gas
Gunvor, Oiltanking start new oil terminal in Indonesia Karimun terminal is latest in series of new oil storage terminals built around the oil trading hub of Singapore
NTSB to launch mission to retrieve El Faro data recorder US naval vessel to sail for wreckage site in early July
Berlian Laju Tankers gets more time to report first-quarter results Company will have until June 30, 2016, to come up with its financial statements for the previous quarter
ITIC launches cyber liability extension Professional indemnity members to be covered against hackers
Ardmore Shipping swoops for six MRs New York-listed shipowner preps share issue to fund $173m deal.
Suezmax spot rates in Posidonia plunge Average time-charter equivalent earnings falls 24% in one day amid quiet activity.
New line Victory born with Saint Laurent Cruiseship to become Victory I in Bruce Nierenberg's new cruise line.
Puerto Rico Jones Act exemption sought Shipbuilder outcry follows proposed amendment to extract troubled island from cabotage law.
Victory Cruise Lines born with Clipper ship Saint Laurent to become Victory I in Bruce Nierenberg's new cruise line.
Aiteo website ordered seized in ship fight Affiliate of Sea World Management files suit in US over charter dispute.
Ecuador to see new $1bn boxship port World's largest port operator to invest in new containership facility for regional trade.
Court clears STX restructuring bid Troubled shipyard to file rehabilitation plan by 9 September.
Uljanik seals order for two rail ferries Croatian shipbuilder signs deal with Kazakhstan for firm vessel, plus one option.
Greece discusses Ukrainian ferry route Ministers meet to talk about potential service to boost trade.
Buy now or buy later? Big names like Marinakis, Frangou and Rodgers split on whether to acquire cheap assets.
HSBC raises SITC target price Analyst believes Chinese boxship owner can make more money this year.
No more room to kick can, Deutsche says Klaus Stoltenberg warns German financiers will become more assertive.
Tidewater wins intervention work US offshore giant clinches subsea job in the Gulf of Mexico.
Stolt-Nielsen eyes bond issue Tanker owner looking to tap existing Norwegian notes for new debt sale.
DP World set to invest $1bn in Ecuador Dubai-based terminal owner wins 50-year concession agreement for Posorja port.
Trafigura earnings drop 10% in first half Charterer and shipowner took $80m impairment hit on Brazilian iron ore terminal investment.
Japan Marine United inks ro-ro order Japanese shipbuilder to hand over 10,000-gt vessel in 2018.
DSME asset sales 'delayed' to 2018 Creditors say non-core disposals halted to achieve fair price in two years time.
North Atlantic Drilling secures extra rig delivery delay John Fredriksen-backed drilling company postpones delivery of semi-submersible until September.
Rokke moves in at Solstad Offshore Tycoon's Aker group investing $61m in new shares and convertible loan as offshore owner targets consolidation in slump.
Swiber in Middle East first as part of $215m contract haul Singapore offshore vessel operator has also fully redeemed a SGD130m bond due this month.
Zhonggu Shipping bolsters boxship order backlog Chinese owner adds newbuilds at Jinling Shipbuilding to those already on order at Shanghai Shipyard,
Nicholas Gleeson in sudden exit from BW Group Singapore shipowner losses second major executive in 2016 with sudden departure of CFO.
DOF unveils major refinancing package Norwegian shipowner plans rights issue, bond restructuring and cost cuts in bid for survival.
UAE's DP World wins bid to build port in Posorja, Ecuador Construction is expected to start in the next six to nine months and take around 2 years to complete.
TENDER DATA: India's IOC offers 35,000 mt 380 CST HSFO for July 2-4
Shipping industry companies team up to design LNG-powered dry bulk carrier Designed for full-range operations.
Mumbai-Colombo 380 CST bunker fuel spread widens to 6-month high Pompt supply tightness in Mumbai.
TRADER NOTE: BW Group CFO Nicholas Gleeson resigns Gleeson had been with the company since May 2008.
MGO prices in Panama hit highest level since November on rise in ULSD MGO Balboa prices were assessed at $495/mt ex-wharf, the highest since November 11 when it was at $501/mt ex-wharf, S&P Global Platts data showed.
ICE Brent settles above $50/b on Nigeria attacks, US dollar slide NYMEX July crude settled $1.07 higher at $49.69/b. ICE August Brent settled up 91 cents at $50.55/b.
FEATURE: Last Med LSFO utility users seek new energy mix as EU rules near The three main European buyers of LSFO in the Med, Greece's Public Power Corporation (PPC), the Electricity Authority of Cyprus (EAC) and Malta's Enemalta, are facing the new Industrial Emissions Directive for combustion plants to be enforced by 2020.
- 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