MSC seeks alternate UK ports amid Felixstowe congestion Felixstowe's biggest liner customer considers shifting services despite port's claims that previously overfull container storage yards are now operating as usual
Cost cutting and security in West Africa main issues for shipping Dryad Maritime sees focus shifting from labour conventions and fuel emissions to cost-cutting triggered by low freight rates
Thun orders four new coastal tankers Dutch shipyard to deliver dual-fuel vessels from the end of 2018
Port Hedland exports record volumes of iron ore to China Arctic Securities warns that China's buying appetite may be waning ahead of new destocking cycle
China's shipping emission rules set to raise fuel costs Owners must take a call on retaining trades, or adopting new ones due to high bunker costs, HKSA's chief says
Asia-Europe rates at lowest level since June With China's Golden Week set to weaken demand in the weeks ahead, rates are not expected to rise any time soon
Hanjin wins bankruptcy protection order in Canada But order is not retroactive as requested by the shipping line
Shipping told to 'contribute fair share' to climate struggle Shipowners' leaders insist Brussels' efforts to pressure the IMO are counterproductive
Fuel suppliers have $100m exposure to Hanjin Shipping Shipowners and operators to face tougher screening procedures for bunker fuel purchases
ASL Marine gets regulatory approval to issue new shares Rights issue limited to Singapore shareholders to avoid any breach of securities regulations elsewhere
Otto Marine posts wider losses ahead of delisting Delisted firm to keep its focus on increasing fleet utilisation and optimising its cost structure
Rickmers Maritime seeks approval to issue new units to noteholders Trust to explore option to be wound up if restructuring efforts fall through
Singapore court approves Swiber judicial management application Interim judicial managers to serve as joint judicial managers of the companies
Charterer pullback fails to stop VLCC rise Brokers stay bullish as TD3 day rate jumps 85.6% in one week and tonnage list slips.
Hapag-Lloyd Cruises docks in Tunisia First passenger ship with European tourists docks after many lines halted service.
Bad alcohol eyed in death of seafarer One crew member died and two others were hospitalised, possibly due to alcohol poisoning.
DSME to pension off 1,000 staff
Blystad buy shows bulker price progress Brokers digest latest data-point in dry cargo sale and purchase market.
Bad alcohol eyed in death of Ukrainian seafarer One crewmember died and two others were hospitalized, possibly due to alcohol poisoning.
MOL continues capesize bulker sales Deal reflects recent trend of owner offloading more modern tonnage.
Arne Blystad buys Japanese kamsarmax
London Port pilot dies in accident The port authority confirms that a man has lost his life while boarding a vessel in Gravesend, Kent.
Seoul plans to offer banks a hand Regulator says rule change is on the way to ease burden on nation's lenders hit by shipping downturn.
Otto sees deeper red as it goes private Singaporean company posts bigger loss in second quarter at the same time as delisting its shares.
GOL Offshore ship detained again Following ITF's request, UK authorities arrest Indian offshore vessel for a second time.
NYK: Boxships and bulkers take $1.78bn bite Shipowner warns of dividend reduction following charges against its liner and dry cargo fleets.
Pacific Drilling to quit Norwegian OTC market Idan Ofer-backed drilling company will migrate shares to New York Stock Exchange.
Incat seals Malta ro-pax newbuilding deal Australian aluminium fast ferry specialist secures first newbuilding order for 2016.
RMT investors face ultimatum over restructuring Bertram Rickmers says trustee manager is working to preserve value for all stakeholders.
Varun Asia regains control of tanker Khatau-led company managed to free its arrested aframax Ocean Mare hours before it was scheduled to be auctioned in Singapore.
Hempel caught in cash for coatings bribery scandal Danish marine coatings giant alleges that bribes were paid to ship managers by German office.
Three men arrested for illegal exports to Russia The U.S. Justice Department said Thursday that three men were arrested on charges of illegally exporting military technology to Russia. Th...
Port of London pilot dies following accident boarding cargo ship A Port of London pilot died Wednesday night at around 6:10 p.m., according to a statement from the Port of London Authority (PLA). PLA sai...
U.S. transportation sector hiring slides in September United States transportation and logistics companies cut 9,000 jobs for the month in September 2016, according to the latest preliminary da...
NYK projects $1.9b in FY2016 extraordinary losses Nippon Yusen Kaisha (NYK Line) is projecting extraordinary losses totaling 195 billion Japanese yen (U.S. $1.89 billion) for the interim pe...
Port of Montreal implements new app to cut greenhouse gas emissions The Montreal Port Authority said it has implemented a project that will reduce greenhouse gas emissions by optimizing truck routes to and f...
Yang Ming, HMM join Asia-ISC loops South Korean ocean carrier Hyundai Merchant Marine (HMM) joined an Asia-Indian Subcontinent dedicated service, while Yang Ming of Taiwan is...
ATA: Bloated inventories, weak manufacturing weigh heavy on truck volumes Bloated inventories and depressed activity in the U.S. manufacturing sector have weighed down trucking volumes so far in 2016, according to...
Ports of Indiana eyes possible fourth port Indiana Michigan Power has agreed to sell its recently retired Tanner's Creek coal plant in Lawrenceville, Ind. to a brownfield redevelopme...
Deutsche Post sells e-mail marketing tech firm Deutsche Post AG, parent of DHL, has sold 100 percent of its stake in e-mail marketing technology firm optivo GmbH to to cloud-based digita...
CSX announces $0.18 dividend The board of directors of CSX Corp. today declared a quarterly dividend of $0.18 per share of CSX common stock. The dividend, payable Dec....
Aramex, Australia Post team up on e-commerce JV Dubai, United Arab Emirates-based third-party logistics provider Aramex is teaming up with Australia Post to form a joint venture (JV) aime...
Breakbulk carriers squeezed by container, simple bulk sectors It's not only container operators that are having trouble this year. "The last three months have been some of the worst the multipurpose a...
Argentina may build LNG liquefaction terminal in far southern: source Carlos Roma, a congressman for the ruling conservative party, submitted a bill for the project to Congress on Thursday, said the source, who works for the congressman.
Bunker operations on US East Coast close as Hurricane Matthew hits Florida The Port of Jacksonville has been closed since early Wednesday, and authorities in Savannah, Georgia, and Charleston closed those ports Friday.
Worldscale announces bunker prices for 2017 flat rates 380 CST bunker prices for 2017 are valued at $219.69/mt, down from $367.55/mt in 2016.
External: Wired Bunkering
INTERVIEW: Scrubber maker PGT seeks 400 marine sales by 2020 PGT sold its first marine scrubber to Union Maritime in September
Strong bunker demand in St Petersburg puts pressure on supply: sources After a below-average month in September, the market is returning to a level of demand it would usually expect.
GLOBAL VLCC TRACKER: No let-up seen in race to supply Asia Landings in the three big Asian destinations -- China, India and Japan -- all increased from the previous week.
FUTURES: Crude steady as stronger dollar tempers bullish sentiment A stronger dollar kept crude gains in check Friday following a slew of reports that helped extend a bullish run in crude prices since OPEC's announcement to cut output last week.
External: Global Risk Management
Ports form network to harmonize LNG bunkering standards Expansion of the network was formalized through a memorandum of understanding.
FEATURE: Shipowners ready to embrace cleaner fuels but concerns remain IMO's Marine Environment Protection Committee will meet in London October 24-28 amid a raging debate on how best to handle the proposed implementation of a 0.5% cap on sulfur content in marine fuel from 2020.
Marine scrubber expansion hangs in balance ahead of IMO meeting: Yara Weakening spreads between high sulfur and low sulfur bunker fuels are dampening the technology's financial appeal.
Shipowners more concerned with counterparty risks after OW Bunker collapse Selective on who they do business with.
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