V.Group on the acquisition trail, says chief executive Shipmanager looks to grow further under new ownership, anticipating an ever-consolidating market
Asia-Europe rates hit summer heights Freight rates on the major east-west trade climb to their highest level since July, but transpacific spot market continues to weaken
Hill Dickinson hires Julian Clark as head of shipping Marine insurance specialist quits firm he founded
Norden wins Canadian wood pellets shipping contract Contract duration is nine years on what Denmark-based company described as good freight route
TT Club sets out cargo safety goals Adherence to CTU Code next step toward cargo integrity
October boom for transpacific box traffic Double-digit growth in Asian imports into North America
Maersk fought off stiff competition from CMA CGM for Hamburg Süd Danish group beat French bidder in reversal of situation 12 months earlier when NOL was sold
HMM fine-tuning details on partnership with 2M Decision likely due early next week
Frontline raises $100m for fleet growth John Fredriksen-led tanker giant taking advantage of low vessel prices
Giving and receiving As Lloyd's List wrapped up its Greek and MEIS awards, the USCG handed out a coveted prize that will come as bittersweet relief to many
Singapore's IMC Shipping joins Baltic Exchange Dry bulk outfit becomes the first company to apply for Baltic membership since the shipping information provider was acquired by SGX
Crude glut boosts tanker floating storage in Southeast Asia and Europe More VLCCs deployed for storage in Asia while aframaxes and suezmaxes dominate in the west
Yang Ming boxship rescues crew of capsized fishing vessel YM Inventive contacted the authorities at Port Klang and is assisting in the repatriation of the rescued fishermen
Rickmers Maritime reschedules bondholders meeting Trust to seek approval for maturity date extension and to amend interest payment terms on notes
Clean product tankers move to dirty for better rates Aframax market earnings nearly six times those of long range product trades
Mercator Lines gets more time to report results Company lacked funding to hire an accountant to prepare financial statements
Frontline proposes $100m share sale Net proceeds to be used to fund vessel acquisitions and for general corporate purposes
Bulk terminal operator sues City of Oakland, Calif. over coal ban Oakland Bulk & Oversized Terminal (OBOT) has sued the City of Oakland in federal court after facing strong opposition from environmental...
Wal-Mart invests $1.3b to improve logistics operations in Mexico Wal-Mart said it will invest $1.3 billion to strengthen and expand its logistics network in Mexico. "With this, the company will not only ...
Commentary: Air cargo turnaround on the horizon? The global airfreight market will soon be on the upswing once again, but a return to "trend growth" is still more than a year out, accordin...
JLL: Industrial, logistics real estate to grow in 2017 Industrial real estate services and investment management firm JLL anticipates strong industrial and logistics real estate growth in 2017, ...
ATA: Driver turnover at truckload carriers hits 5-year low Annualized driver turnover rates at large truckload fleets slipped another 2 percentage points to 81 percent during the third quarter of 20...
Two Ocean Hope engineers receive jail sentences Two engineers who served on board Top Ship's cargo vessel Ocean Hope were sentenced Thursday to prison for their role in obstructing a U.S....
Crude futures edge higher with focus on Saturday OPEC/non-OPEC meeting in Vienna NYMEX January light sweet crude settled 66 cents higher at $51.50/b and ICE February Brent rose 44 cents to settle at $54.33/b.
TENDER DATA: Indonesia's Pertamina sells 200,000 barrels LSFO for Dec Pertamina last sold via tender a similar cargo for November 26-27 loading from Balikpapan.
Gibraltar re-opens for bunkering but delays continue: port The port re-opened about 1400 GMT and four bunker operations were in progress soon after that, with 20 vessels waiting to enter the port, the spokesman said.
Novorossiisk declares storm warning, halts Sheskharis oil loadings Bad weather is expected to last until Saturday or Sunday, and sources said this will likely affect bunkering operations.
External: Praxis Energy Agents S.A
Winter heating demand nudges Med 0.1% gasoil to 3-month peak With Europe now in its winter season, bidding interest for heating fuel has increased from major demand centers like Italy and France.
REFINERY NEWS: Eni Sannazzaro refinery EST plant seized by magistrates investigating fire: union source The Sannazzaro refinery suffered a similar incident in July when it had to partially suspend its operations following an explosion caused by a leak at the reformer.
External: Wired Bunkering
FUTURES: Crude steady as investors brace for OPEC/non-OPEC meet
OPEC, Russia seek other producer pledges to shore up output deal
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