First vessel loads at P66 LPG export terminal Phillips 66's new terminal will be able to load about eight cargoes per month
Stung by third quarter, Nordic American Tankers looks to the fourth Fleet expansion still on the cards
Euroseas posts higher loss but beats expectations Containership and bulker owner sees 'shift in favour' of both sectors in next two years
European ship finance is alive, if not exactly kicking Reports of its death have been greatly exaggerated, say DNB and ING bankers
Epic Gas losses widen in third quarter Time charter equivalent reductions hurt the Singapore-based owner
Capesize earnings jump above $14,000 per day Busy cargo fixing in both Atlantic and Pacific basins pushes spot earnings up by more than 40%
Throughput slips at HHLA Volumes down but bottom may have been reached
Odfjell bucks trend with improved result Delay to gas carrier newbuildings leads to cancellation of three vessels, with five more cancellations likely
OneLNG and Ophir team up on Africa's first deepwater FLNG project Final investment decision on project off Equatorial Guinea is expected in the first half of 2017
Firm bids in for Hanjin Asia-US assets HMM and Korea Line submit offers, sale to be concluded by end of November
Trump presidency casts doubts over US sanctions policy Trump could look to alter course on US sanctions agreements in Iran and Russia
DSME creditors unveil $2.8bn recapitalisation plan KDB and Kexim Bank to jointly provide financial assistance
DSME to shed 400 more jobs amid restructuring measures Fresh job cuts are at the management level
Cosco Shipping and ICBC Leasing differ over newbuilding orders We are in a dilemma, says ICBC Leasing executive director in shipping Bill Guo
Ezion's third-quarter profit down 69%, may sell rig for cashflow Revenue down on lower charter rates and modifications to some service rigs
PSA sets deadline for collection of laden Hanjin containers Boxes and cargo inside to be claimed by November 28
Indian authorities call for use of IT to optimise port operations IT task force studied ports of Singapore and Rotterdam that use technology to raise efficiency levels
CMA CGM launches service connecting Mexico to the Caribbean Port calls include Kingston, Jamaica, which is a CMA CGM hub
Dryships narrows losses for third quarter Dry bulk operator benefited from absence of significant impairment charges in the period
Shipping shares surge amid Trump rally Market jitters about the presidential election turn to ebullience; DryShips more than doubles.
Impairment pushes Rem into quarterly loss Age Remoy-led owner writes down vessel values with weakness seen through 2019.
Largest Tidewater shareholder bows out Financial giant Fidelity sells out of all but sliver of its holding in troubled offshore vessel owner.
Rem Offshore reports third-quarter loss Age Remoy-led owner writes down vessel values with weakness seen through 2019.
Turkish cargoship forced onto rocks Mina-I suffers damage after dragging anchor in violent storm.
Golar shares fly on FLNG 'milestone' Tor Olav Troim-linked company sees strong stock price reaction to Fortuna FLNG project developments.
Olympic, Island stack anchor-handlers Norwegian owners lay up more vessels in slump, but broker says it's still not enough.
Euroseas lays up boxship as loss grows Aristides Pittas-controlled company pledges to focus on liquidity management in the next year.
Fiori looks to firmer rates in 2017 DIS chief believes market will improve next year and hints at some capital markets activity.
Bondholders push for control of Havila Shipping Group hostile to Norwegian owner's final refinancing bid come up with their own plan to safeguard unsecured creditors.
Odfjell buys out CSAV's share in tanker duo Norwegian owner takes full control of South American joint venture.
No Trump concern for Hansson's NAT New York-listed company turns a loss in the third quarter but foresees increased dividend.
Farstad wins more negotiating time Karl-Johan Bakken-led company now has until 20 December to strike restructuring deal.
Two bidders remain for Hanjin assets HMM and KLC going head to head for collapsed rival's five boxships and Asia-US business.
Viking ticks latest restructuring box Swedish offshore vessel owner says it now has a stable financial platform until 2020.
Epic Gas sees lower rates and bigger loss Singaporean LPG carrier owner posts negative result due to summer seasonality.
Taxman helps Subsea 7 to bigger profit Lower tariff boosts earnings despite revenue fall at offshore shipping company.
Odfjell to cancel five more LPG carriers Delayed Sinopacific ships likely to be ditched as owner pushes up third quarter profit.
Prosafe eyes ex-Lauritzen ASV units Oslo-listed firm set to pay $70m for two newbuildings and 25% stake in third, laid-up vessel.
GulfMark trims losses in third quarter US-listed offshore vessel operator over says lay-ups are starting to help lift utilisation levels.
Nam Cheong sees revenue collapse Chill winds of offshore slowdown batter Malaysia's largest offshore support vessel builder.
Ezion sees net profit slump almost 70% Delayed start to projects and reduced charter rates take their toll at Singapore-listed company.
Shandong DSD MR acquisition confirmed Chinese shipowner has completed its first purchase of a tanker from the second hand market.
New crane damaged at Port of Charleston A new super post-Panamax container crane capable of moving cargo on and off 14,000-TEU ships was damaged during set-up at the Port of Charl...
FedEx Trade Networks expands in Malaysia FedEx Trade Networks, the freight forwarding subsidiary of FedEx Corp., has opened an office in Penang, Malaysia. The company said the off...
Carriers adjust to hurricane damage at Port Freeport Container lines say they are using Port Freeport in the Bahamas on a limited basis and routing some vessels to other ports until damage suf...
Agility earnings jump another 11% in Q3 Agility Logistics grew net profits 11 percent to 15.2 million Kuwaiti dinars (U.S. $50 million) in the third quarter of 2016, following a s...
NRF: U.S. container imports expected to rise as holiday peak season begins Import volumes at major container ports in the United States are expected to rise through the end of 2016 as the peak holiday shopping (and...
Report: China sentences 49 to prison in Tianjin explosion cases Chinese courts this week sentenced 49 people to prison for crimes related to the deadly August 2015 warehouse explosion in the northern por...
UPS to build west-side Atlanta sorting facility UPS said it will invest more than $400 million to build a new regional package sorting facility on Atlanta's west side. The express carrie...
HMM, Korea Line bid for Hanjin's assets Hyundai Merchant Marine (HMM) and Korea Line have submitted bids for Hanjin Shipping's Asia-U.S. route, according to Korea's Yonhap News Ag...
Commentary: Demonizing free trade agreements If there's one thing that the recent, divisive United States presidential election has shown, it's that the general public in this country-...
Rand Logistics posts sharp drop in net income, revenues Rand Logistics, Inc., a provider of bulk freight shipping services throughout the Great Lakes region, reported net income applicable to com...
Ocean carriers form VSA on Asia-Australia loops Mediterranean Shipping Co. (MSC) announced a new vessel sharing agreement (VSA) on the Asia-Australia Wallaby and Panda services. The new ...
Executive Moves: Envirotainer and B&H Worldwide Michael Berg has been appointed chief executive officer of Envirotainer , a provider of cold chain cargo-handing equipment for air transpo...
Oil falls on IEA warning; surging US equities cap declines The IEA said Thursday that the global oil market could remain in surplus if OPEC is unable to finalize a deal limiting production to between 32.5 million and 33 million b/d.
USGC 3%S fuel oil strengthens to underlying swap on export demand S&P Global Platts assessed USGC 3%S fuel oil Thursday at $37.35/b.
FEATURE: Rival 2020 bunker solutions go head-to-head in Gibraltar LNG bunker supporters and scrubber enthusiasts debate how best to cope with rising fuel costs
Hamburg bunker supplier Maxcom adds ECA fuel to service offer Bunker supplier Maxcom can now supply ECA-ready bunker fuel at the German Baltic port of Hamburg.
External: Praxis Energy Agents S.A
Bunker convention sees heated debate over mass flow meters "We have some of these ports in Europe where supplier after supplier has been cheating, and the authorities don't do anything about it."
Istanbul bunker supplies tighten on fourth day of bad weather Supplies of bunker fuel at Istanbul were tightening Thursday as bad weather in the Bosporus and Black Sea continued.
External: Wired Bunkering
FEATURE: Increased blending due to IMO 0.5% sulfur cap set to raise cat fines Cat fines likely to increase costs incurred by shipowners
FUTURES 2: Oil on the upswing despite lackluster fundamentals
Shell Indonesia lubes plant ramps up output on strong marine demand Indonesia's maritime highway program boosts demand for marine products including lubes
FUTURES: Crude steady as markets digest Trump win, US stock build
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