Rem Offshore Solstad subsidiary get merger approval New company set to launch at the end of November with Aker as a major shareholder
Marshall Islands Registry ousts Liberia to hold largest tanker fleet Tonnage boosted by other flags falling off the USCG Qualship 21 programme
Finland announces intelligent fairway project as it pushes for automated ships Government-backed tests will help determine approach needed for further digitalisation of shipping
Feeders next in line for consolidation Scale advantages could be too good to ignore for feeder operators, claims new report
Pakistan drives market for FSRU vessel deployment After BW Group clinched Pakistan's second FSRU project, Chinese firms are in the running for its third vessel, project advisor Galway Group said
Small beginnings A sleepy coastal town in southernmost India may hold the key to the country's mega container shipping ambitions
BIMCO slams IMO study on 2020 sulphur cap Shipping association claims study provides insufficient data and does not consider disruptions and fuel oil availability
Bumper October for US box imports Surge in US containerised cargo expected as retailers rush to appease hungry consumers
Korean Register chief executive dies BS Park, aged 63, will be remembered as a moderniser
Shippers demand financial transparency from carriers Lines forced to open up to customers to win business
DSME to complete sale of Seoul headquarters by end-October Capstone Asset Management in talks to buy the property for around $162m
US revokes Myanmar sanctions in historic move Blacklisted billionaires and corporations cleared, paving the way for boost in trade and maritime investments
Weak outlook for petroleum and LNG rates to limit MISC revenue growth, says Kenanga Seasonal cold snap may lift fourth-quarter rates
IRClass ramps up ship recycling efforts with new office in Alang Unit certifies four ship recycling yards in Alang as an independent verifier
Golden week gain adds to bulker brightness Holiday week rates rise a good omen for fourth quarter market, Danske Bank says.
DSME calm on restructuring progress
Sea Trucks mobilises accommodation vessel Nigerian owner secures three-month employment off Nigeria.
Genco sells bulker brace for $5m Refinanced owner said to have offloaded a pair of vessels it bought before the boom.
Rem and Solstad merger gets green light Investors clear the way for creation of 62-vessel combined firm.
Malta FSU arrives off Delimara Converted LNG carrier hoves into view off this morning
Mitsubishi Heavy to dial down shipbuilding Japanese yard reported to be reducing its exposure to troubled shipbuilding market.
Clarksons sees scrap 'break' building Shipbroker says over 5% of world fleet is above average age of demolition.
Bahri 'committed to crude oil industry' Saudi tanker owner waits to become the world's largest VLCC owner when it gets delivery of 10 newbuildings.
Vietnam to build new port for $1.5bn The city of Danang has major investment plan in order to ease overloading problems.
Braemar: Boxship demolition record set
Ancora Investment exits small tankers Greek shipowner reported to have sold the last of its two Nokbong-built chemical tankers.
Investors warned over offshore's false dawn UOB Kay Hian says several quarters of poor earnings still lie ahead for vessel operators.
Argentina's Parana River snags another bulker Japanese handysize bulker latest ship to fall foul of reduced draft on vital commodity exporting waterway.
Multipurpose shipping set to suffer until 2018 Competition from container and dry bulk sectors continue to weaken sector, says Drewry.
Ancora Investment exits small tanker segment Greek shipowner reported to have sold the last of its two Nokbong-built chemical tankers.
U.S. meat exports surge in August U.S. meat exports picked up in August as the nation experienced year-over-year increases in beef, pork and lamb exports in terms of volumes...
Executive Moves: Sunset Transportation and RailWorks Sunset Transportation has appointed Tracy Meetre vice president of sales and marketing. Prior to joining Sunset, Meetre was vice president ...
NRF: U.S. container imports remain strong as retailers prepare for holidays October is expected to be the second busiest month this year for import container volumes at major container ports in the United States, tr...
Samskip finalizes reefer acquisition Rotterdam based multi-modal container transport and logistics company Samskip said it has expanded in the reefer business with its Samskip ...
Drewry: Shippers are demanding more financial information from carriers Shippers are demanding more financial transparency from carriers in the wake of Hanjin Shipping's decision to file for receivership, accord...
Southeastern U.S. ports escape major damage, begin operating Ports and railroads in the Southeastern U.S.are set to resume full, or partial, operations Monday after spending the weekend cleaning up an...
Report: South Korean truck drivers go on strike More than 7,000 unionized truck drivers went on strike today in South Korea, adding to the country's recent shipping woes, according to a r...
Survey: Fewer shipping companies planning railcar orders in Q3 2016 Fewer shipping and logistics providers are planning to place orders for railcars in the third quarter of 2016, according to a survey conduc...
U.S., EU trade negotiators wrap up latest round of T-TIP talks U.S. and EU negotiators for the wide-ranging trade agreement known as the Transatlantic Trade and Investment Partnership (T-TIP) remain opt...
KCS opens new transload terminal in Texas Kansas City Southern Railway Co. (KCS)has opened a new transload facility in Dallas at the site of a former intermodal terminal, according ...
Volga-Dnepr takes delivery of 10th 747-8 freighter Volga-Dnepr has taken delivery of its 10th Boeing 747-8 freighter aircraft, the company said in a statement. The newly delivered aircraft ...
Freight Rate Roundup: Maersk, MSC, CMA CGM, Hapag-Lloyd and OOCL Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL adjusted freight rates on various trades. Maersk Line announced increased F...
Korean Register's CEO dies The Korean Register's chairman and chief executive officer, B.S. Park, died Monday following a brief illness. He was 63. Park was named th...
Executive Moves: LISCR, Kalmar and Envirotainer The Liberian International Ship and Corporate Registry has appointed Gerard Kenny technical manager of its London office, where he will pri...
Crude settles at 2016 highs after Putin supports OPEC pact NYMEX November crude settled $1.54 higher at $51.35/b. ICE December Brent settled up $1.21 at $53.14/b
FUTURES 2: Oil rising after Putin says Russia to join OPEC-led pact
External: Praxis Energy Agents S.A
REFINERY NEWS: Spain's Cepsa says committed to Tenerife: report Cepsa vice-president Pedro Miro has declared the company's commitment to the Tenerife refinery, according to a report in regional newspaper La Opinion de Tenerife Saturday.
External: Wired Bunkering
Container shipping financial stability hits record low: Drewry Consultancy said risk of another collapse like Hanjin Shipping 'cannot be discounted'
'Serious concerns' over IMO's marine gasoil availability study: BIMCO BIMCO says 0.5% sulfur cap from 2020 would be 'irresponsible'
UPDATE: St Petersburg 'out of bunker fuel': trading sources Bunker fuel is in scarce supply at the Russian Baltic port of St Petersburg with players uncertain on replenishment dates.
$60 Oil prices 'not unthinkable' by year-end: Saudi Energy Minister Falih
FUTURES: Investors cautious amidst Istanbul energy conference
Iraq's oil ministry seeks higher crude oil output in 2017 Iraq's plan to ramp up crude oil production comes at a time when OPEC targets a freeze on crude oil output
Durban MGO surges, tracking rival ports Seasonal shipments from US Gulf to Asia in Sep-Dec boosts shipping traffic and demand for bunker fuel.
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