At last! Good news for dry bulk An upturn for the dry bulk sector has been forecast in the fourth quarter of every year since 2009; every year corporate statements, business analysts, and journalists have been wrong. I have done it myself, although with diminishing levels of confidence. As 2015 progressed, it became increasingly certain that 2016 would...
The tanker markets in 2016 IHS' Principal Trade Analyst Andrew Scorer discusses the drivers behind the oil markets and their impact on tanker freight rates...
Port of Rotterdam promises fresh initiative after 24-hour strike
IHS predicts mixed crude tanker rate outlook for 2016
New Corsican ferry operator hit by union blockade New Corsican ferry company Corsica Linea has called on the French authorities to act to end action by French seafarers preventing its vessel from completing its maiden voyage to the port of Marseilles. The company's chartered vessel, the Stena Carrier, arrived in the port of Marseilles on Tuesday but has been...
Offshore roundup digest Living Stone keel laying On 30 December 2015, LaNaval Shipyard in Spain laid the keel of offshore multipurpose vessel Living Stone, which is being built for DEME subsidiary Tideway. Due for delivery in the first half of 2017, it is powered by dual-fuel LNG/diesel engines, will be equipped with a fallpipe...
DNB Markets cuts dry bulk demand and charter rate forecasts
Sete Brasil's crisis to weigh on Singapore's shipbuilders
Korean shipbuilder HHIC looks at selling power generation affiliates
Shipping companies' rescuers eye SPP Shipbuilding
World's largest ro-ro box ship makes first voyage
Denmark driving international cooperation on maritime sulphur emissions Denmark is looking for a level playing field across all SECAs
Baltic Dry Index falls to all-time low The Baltic Dry Index (BDI) fell to yet another all-time low of 445 points on 7 January, tumbling below the previous record low 471 points set in mid-December. The drop in the index may be related to China's economic slowdown with less demand for coal and iron that has affected BDI...
Egypt will reopen strategic Suez Canal bridge 'in days,' army says Another one of the Suez canal bridges, pictured
Triyards posts positive 1Q16 results Singapore-listed Triyards Holdings has recorded USD6.2 million in profit for the first quarter of 2016 that ended on 30 November 2015, down 25% year on year (y/y) despite reporting higher revenue for the period. The company's first-quarter revenue soared 38% to USD78.1 million from USD56.7 million a year ago, mainly driven...
New Orleans faces dredging crisis as high water approaches Napoleon Avenue Container Terminal
A dry start to the year As dry bulk rates continue to fall, the sector's losers emerge
Fugro receives $106m from sale and leaseback deal Icon investments agreement covers two geotechnical vessels
The mysterious case of Angola's missing LNG No sign of Angolan cargoes, despite the project saying a restart would happen in late 2015
Diana clinches new bulker finance from Cexim Loan facility for up to $75.7m will partly cover cost of three vessels on order in China
Uncertain future for HHIC as it seeks voluntary debt restructuring Even major creditor KDB unlikely to risk pumping in additional funding, says analyst
Yard Talk | Game of survival through co-operation and competition Recent OECD and ASEF activities come amid persistent industry downturn
United Ocean heads to bankruptcy court, with a shove from five creditors Japan bulker owner's filing for receivership reflects lenders' growing pessimism about timing of a dry bulk recovery
Zim chief executive Rafi Danieli to step down after 38 years with Israeli line Board asks Danieli to stay on until a successor is appointed
Asia-Europe spot rates slide back after late 2015 rally Drewry expects prices to remain under pressure throughout the coming year
Container industry losses to widen to over $5bn in 2016, Drewry estimates Shipping lines must remove more vessels, restructure more trade lane pacts
Regulator grants 40-year export licence to Shell's LNG Canada project Permit is a key step in opening up the North American LNG market
Seanergy shareholders back reverse stock split Bulker owner plans to go ahead with one-for-five split from January 8
Triyards reports 25% drop in first-quarter profit Revenue in the first quarter rose due to projects secured in 2015
Workers go on strike at Port of Rotterdam Fear of job losses triggers first strike in 13 years
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