Norden sells four post-panamax vessels for a loss Shipowner to focus on supramax and panamax only
EU 'likely' to take Greek tax probe to next stage Shipowners' leader Veniamis warns case against Greece will not be in European shipping's interests
India's record diesel demand boosts product tanker trade But how long can it last with summer demand already peaking?
Capesize rally fights off holiday rates pressure Solid sentiment in the Pacific sees rates rise
Viking Supply Ships under bankruptcy pressure Norseman Offshore petitions Copenhagen Court to get $2.5m unpaid charter fees
Seaspan: Access to capital is its strongest suit Containership company raises $100m in new preferred shares
Hyundai Merchant Marine successfully concludes charter rate negotiations with owners With this, HMM will have completed all the restructuring measures that it announced in February this year
Atlantic Navigation makes $45m offshore vessel order at Chinese yard Vessels will be delivered in the third quarter of 2017
Otto Marine secures $14m newbuilding product tanker contract Vessel expected to be delivered in second quarter of 2018
Shipyards join rush to find smart shipping HHI latest yard to announce expertise in digital solutions, yet industry has no answer to data ownership issues
Rates dulled amid lacklustre VLGC chartering Owners taking home less than $15,000 per day for Middle East to Asia spot voyages
Top executive pay drops at Tidewater US offshore vessel giant pays five leading executives 11.9% less in fiscal 2016.
Viking Supply in red for first quarter Christen Sveaas-backed firm reports loss as offshore utilisation rates remain low.
Genco deal 'provides roadmap' for peers Deutsche Bank analyst says new $400m term facility $125m equity injection could work for other bulker owners.
Bahri aims to bat down $13m docker claim Saudi shipowner's lawyer says it had no way of knowing shipped forklift's emergency brake was defective.
Genco Shipping gets relief on debt load Bulker owner secures runway through 2018 with refinancing, new equity
Norden sells last owned post-panamaxes Danish bulker owner offloads four ships as it looks to focus on supramaxes and panamaxes.
Minoan raises offer to take over rival HSW Grimaldi-controlled company intensifies its effort to take control of Greece's largest ferry operator.
STX CEO: worst-case scenario avoided Lee Byung-Mo says shipbuilder 'fortunate' to have avoided collapse.
Tsakos orders more LR1s at Sungdong Greek group returns to Korean yard in deal worth up to $170m
Sinokor Merchant Marine boosts 2015 profit Operating earnings rise as Korean owner's annual revenue tops KRW 1 trillion for first time.
HMM clinches charter-cut deal Korean owner reaches crucial agreement to reduce boxship fees 20% and bulker payments by 25%.
Neste charters Sirius bunker tanker Finnish group uses Danish vessel in Helsinki as it develops lower-sulphur fuels.
Bankruptcy petition filed against Viking Norseman Offshore, owner of one AHTS controlled by Viking, submits application in Denmark.
Indonesian cargoship sinks after flooding Government landing craft goes down off Banyuwangi after taking on water.
Metrostar sale shows sharp fall in VLCC prices John Fredriksen's Frontline has bagged HHI-built tankers at just $4m above previous cyclical low, analysts say.
HMM looks to the future after clinching charter-cut deal Korean owner reaches crucial agreement to reduce boxship fees 20% and bulker payments by 25%.
BW LPG recruits Rigault from Inge Steensland Sale and purchase broker set to join Singapore-based VLGC player in top commercial role.
Frontline confirms VLCC resale deal Tanker giant buys two tankers for 2016 delivery and options on 2017 vessels
Japan looks to join LNG bunkering bandwagon Government teams with commerce to launch feasibility study for the port of Yokohama.
CMA CGM takes control at Neptune Orient Lines Singapore government investment fund hands over controlling stake to French liner giant.
Alma Maritime officially withdraws $225m US IPO Stamatis Molaris-led bulker and tanker venture cites "adverse market conditions" for decision.
Mermaid Maritime secures additional subsea work Thai offshore vessel operator says strategy to expand the geographical reach is bearing fruit.
Lenders agree to give ISH breathing room But International Shipholding's lessors baulk at request for payment relief as credit facilities face default.
Frontline confirms VLCC newbuilding deal Tanker giant buys two newbuildings for 2016 delivery and options on 2017 vessels
Seaspan funds boxship with $144m lease deal Containership owner strikes sale-and-leaseback agreement for post-panamax YM Width.
Operations at French refineries, ports slowly resuming as strikes continue
Finland's Neste to launch high viscosity low sulfur marine fuel oil end-2017 Will also commission a new solvent deasphalting unit at Porvoo.
French shipper CMA CGM reaches majority stake in takeover of Singapore's NOL Now owns 78.07% of all NOL shares.
AUSTRALIA DATA: March oil product imports rise 33% on year to 575,233 b/d South Korea - Australia's biggest supplier of oil products in March.
Australia's port of Devonport re-opens after 5-day closure due to storms Ferry services across the Bass Strait to resume Friday night.
Tight supplies push Guayaquil IFO 380 CST to highest price since December RMG 380 prices in Guayaquil were assessed at $275/mt delivered, up $5 from Wednesday, the highest since December 31, according to S&P Global Platts data.
Oil complex dips on dollar rebound, crude futures hold above $50/b The US dollar arrested its slide against a basket of currencies Thursday.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher