Cosco declares 'new era' at Piraeus as new board appointed Chinese giant completes acquisition of majority stake in Greek gateway to Europe
Panamax bulkers bounce back on grains Daily earnings recover from five-week low as bumper harvest in US offers support
US Gulf-Europe MR tanker earnings now less than flight costs TCE for backhaul trade at $150 per day while other trades remain stable
Global Ship Lease extends CMA CGM charters Containership owner boosts contracted revenue from 2,200 teu pair
Maersk Line to close service in 10 Chinese feeder ports Competition among Chinese ports has been intensified
Analysts slash full-year forecast for global box growth Container throughput growth expected to come in at just 0.3% in 2016 as weak demand in the first six months of the year continues
Briese takes undisclosed stake in Auerbach Alliance deal sees Lucius Bunk take COO job at heavylift giant
Vessels additions boost DHT Holdings' second-quarter revenue Company took delivery of three vessels between November 2015 and March 2016
South Korean regulator says Hanjin unlikely to get aid to boost liquidity Hanjin Shipping has up to September 4 to meet restructuring deal conditions
El Faro data recorder recovered Recorder to be examined at sea before being transported to NTSB's lab for further review
Arkas upgrades eastern Mediterranean services New port calls and additional vessels added
Two super neo-panamax cranes delivered to South Carolina Ports Authority Second pair of the same cranes due for delivery at the end of 2017
Swiber sees $99m in claims against the company ONGC and Punj Lloyd call upon bank guarantees issued for a number of projects in which Swiber is involved
China Cosco Holdings proposes name change to Cosco Shipping Holdings Several major listed units of China Cosco Shipping Group are also changing their names
Shanghai port box throughput rises for second straight month World's largest transhipment hub saw year-on-year throughput growth in July, the most since December 2015
Otto Marine starts arbitration action against charterer Charterer owes Otto Marine around $6m, based on contracts inked
Diana Shipping inks time charter with Glencore Employment likely to bring in around $1.7m in gross revenue
Susquehanna buys into Seanergy Maritime Private equity group emerges as the investor behind US-listed company's latest shares offering.
SBM sees first half profit drop 77% Dutch FPSO firm also nominates new chief financial officer.
Banker replaces Kerr-Dineen as Howe Rob chairman UK broker welcomes new chairman as David Anderson comes in for Peter Kerr-Dineen.
Anderson replacing Kerr-Dineen at Howe Robinson Partners UK broker welcomes new chairman as David Anderson comes in for Peter Kerr-Dineen.
Prosecutor orders freeze of Yannis Alafouzos' assets Greek shipping executive says he welcomes probe by financial authorities into activities between 2000 and 2012.
DHT open to buys as tanker prices fall Co-chief executives say owner may look to grow again but it's not ready to pull trigger on a purchase.
Brexit to hit bottom lines, not demand Amended forecasts from NCL and RCCL are related to historical vote but UK market still stable.
GSL extends CMA CGM charters at lower rate But New York-listed owner says base earnings are above spot levels in distressed markets.
Briese Group and Auerbach team up German owners to cooperate more closely as Auerbach boss Lucius Bunk takes COO role at partner.
Eagle chief Vogel confirms bulker sale Fourth supramax exit of the year pending for US-listed owner.
Prosecutor orders seizure of Yannis Alafouzos' assets Greek shipping man says he welcomes probe by financial authorities into activities between 2000 and 2012.
Pacific Radiance cash flows remain intact Singaporean owner says Swiber's troubles do not significantly affect its operations.
Shreyas earnings cut as costs rise Indian container line posts weaker result in first three months.
Detained cargoship develops list in France Sete port plans to sell abandoned Rio Tagus for scrap at the end of the summer.
Navigator confident on debt refinancing New bank loans will have improved terms, chief financial officer says.
Korea: no aid for Hanjin Shipping Government says owner must restructure on its own or face receivership.
Nautilus backs UK action on ship 'slavery' Union welcomes legislation that will see officers board and seize 'suspicious' vessels.
Capsize caused by cargoship clash Fish-farm ship overturned in pile-up at Malta's Grand Harbour.
Subsea 7 takes over pipeline specialist Oslo-listed company broadens its interests with the acquisition of Glasgow-based Swagelining.
Otto Marine sues second charterer Singapore owner seeks $6m in alleged unpaid hire from Nigerian operator.
Hapag-Lloyd slides to six month loss German container line says disappointing rate development affects results in first half of 2016.
Tidewater sees loss increase nearly six-fold World's largest offshore support vessel operator hit by impairments and drop in revenue.
Semi-submersible runs aground off Scotland Transocean drilling rig was en-route for scrap when it ran into trouble off Isle of Lewis.
Jurong launches new Combi Terminal New multipurpose vessel facility aims to reinforce Singapore's position as a transshipment hub.
USPS posts massive quarterly loss despite rising revenues The U.S. Postal Service (USPS) reported a net loss of $1.57 billion in its fiscal third quarter, which ended June 30, 2016, compared with a...
JAXPORT's Berth 35 undergoes upgrades A project at JAXPORT's Blount Island Marine Terminal on Berth 35 to install a high-voltage electrical system in anticipation of the arrival...
Ocean3 alters Asia-Europe loop The Ocean3 Alliance, comprised of ocean carriers CMA CGM, CSCL and UASC, is adjusting its Asia-Europe FAL 1 service, which CMA CGM said is ...
Port of Charleston receives two super post-Panamax cranes The Port of Charleston received two super post-Panamax cranes Friday as part of a massive series of infrastructure upgrades to enable the h...
Australia Post buys minority stake in Dubai-based logistics provider Australia Post has purchased a 4.5 percent stake in Dubai-based global transportation and logistics provider Aramex, according to a stateme...
Warburg Pincus invests $255m in BlueGrace Logistics New York-based private equity firm Warburg Pincus has invested $255 million in Tampa, Fla.-based logistics provider BlueGrace Logistics, th...
El Faro's 'black box' has been recovered The voyage data recorder (VDR) from the El Faro was successfully recovered from the ocean floor late Monday evening. The El Faro sank en ...
WFS secures three air cargo-handling contracts Worldwide Flight Services (WFS) has secured air cargo-handling contracts with Rossiya/Aeroflot, Air India and Icelandair. The contracts co...
Executive Moves: Troy Container Line and TMSA Non-vessel-operating common carrier Troy Container Line Ltd. has promoted Stephanie Martin to less-than-containerload documentation manager...
FMC creates online registration renewal system for foreign-based NVOs The U.S. Federal Maritime Commission (FMC) has developed an online system that allows foreign-based non-vessel-operating common carriers (N...
Hapag-Lloyd posts $110.9m loss in Q2 Ocean carrier Hapag-Lloyd of Germany said Wednesday it had a loss of $110.9 million in the second quarter that ended June 30, 2016 compared...
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