Greek shipowner Nikolaos Frangos dies Father of prominent shipowners Angeliki and John passes away aged 90
Teekay-Bahrain LNG import project signs for $714m loan The 20-year financing is backed by K-Sure and provided by KDB, Arab Petroleum Investments and others
Korea-Iran newbuilding contracts hit a nerve in China The $650m contracts consist of four 14,500 teu containerships and six 49,000 dwt product/chemical tankers
India product tanker sale highlights value slump Prime Tanker snapped up four large product tankers for less than $100m
'Consequential loss' exclusions: context is everything Recent guidance from the English Court illustrates that tried-and-tested phrases can mean something very different depending on the nature of the contract and the context
Scorpio Tankers upsizes and extends loan Product tanker specialist gets another $27.6m from BNP Paribas
Stand up for someone's human rights at sea There is a huge amount of work to be done in the commercial maritime space to achieve effective remedies for abuses
Port Hedland iron ore exports to China dip month on month But shipments remain 6% higher than a year earlier
HMM looking to secure 5% market share in global shipping by 2021 Line aims to boost profitability and attain full membership in the 2M alliance after three years
Cosco Shipping to acquire marine equipment supplier Group buying CSHT Marine from internal resources
China to support crude tanker demand through early 2017 Pre-holidays chartering and ports congestion will help tanker rates in January
Global coal trade to contract before recovery in 2021, says IEA Chinese imports expected to decline in the forecast period but not without significant uncertainty
Hyundai Mipo Dockyard bulk carrier orders axed Owner cancels bulker orders and switches to a new order for product tankers
Mercator to sell offshore vessel for $76m Transaction to be completed by January 30, 2017
Sea robbery incidents in Sulu-Celebes Sea continue to cause concern Total number of incidents down 60% in January to November 2016
Rickmers Maritime inks debt settlement pact with Commerzbank Trust will use net proceeds from sale of Rickmers India to make partial prepayment for loan facility
Diana Shipping inks time charter with Koch Charter expected to generate around $4.2m in gross revenue for the minimum period of employment
Seacor says it's 'prepared for opportunity' Charles Fabrikant-led conglomerate looking to acquire cheap offshore vessel assets and expand liner operations.
Aframax rates tumble on North Sea weakness Assessed earnings for the TD7 route cut in half as several ships thrown at single cargo.
JP Morgan: ballast water rules a positive New regulations 'good for all sectors of shipping' but particularly for bulkers and containerships, analyst says.
Genco sheds veteran bulker number six New York-quoted owner sells latest in a string of ageing vessels.
VLCCs shrug off output cuts as US export fixed Cosco tanker said to be loading US cargo as eastbound spot rate tops $60,000 per day for first time in eight months.
Canada auctioning off veteran ferry Halifax authority selling 1979-built Dartmouth III on state liquidation website.
Danske Bank weighs up Frontline 'war chest' John Fredriksen-backed owner has capacity to make $625m play, bank says.
Yang Ming banks $59m from property sale Loss-making Taiwanese owner raises vital cash in containership downturn.
CSSC secures $5.8bn financing package Chinese state shipbuilding group agrees huge facility with Bank of Communications.
WIS board approves $4m share sale Indian shiprepairer to place stock and warrants with engineering group Bermaco Energy.
All change at Eurogate Terminal German container operator reveals managerial reshuffle in Hamburg and Bremerhaven ports.
Worker dies at Keppel Subic yard Contractor lost his life while working underwater at Philippines plant.
BNP extends loan to Scorpio Tankers Additional cash used to refinance a pair of 2013-built products tankers.
Latest tanker deals show further price slide Kyklades and India Steamship sales illustrate how far tanker values have fallen in 2016.
Scorpio Bulkers cuts newbuilding price tag Reduction to cost of kamsarmax pair comes as path is cleared for notes buyback.
Solstad PSV heading into layup Owner blames poor market for yet another removal of a ship from North Sea sector.
Rosneft forms steel-plate joint venture Russian oil major teams with UMMC to supply metal to its new Zvezda shipyard.
Qatar merges LNG pair Qatargas and RasGas brought together in tough energy climate.
HMM limits 2M deal to initial three years Korean owner does not want slot deal with MSC and Maersk to curtail global ambitions with new mega-ships.
LPG stocks rise after Opec cut Dorian, BW LPG and Avance Gas all improve as crude's loss is gas' gain.
Marinakis adds to capesize stocking Pre-Christmas bulker binge for Capital Maritime said to have grown to eight.
BDI retreats as capes decline Capesize rates took a hit last week while all other indices either stayed stable or improved.
Stifel starts Hoegh Partners at buy Analyst looks to rising demand and further dropdowns at New York-listed MPL.
Mokster fixes PSV for 13 months Norwegian owner reported to have secured term deal with ENI.
Commentary: Top industry issues for 2017 The only safe prediction for 2017 is that many things are going to change. There are plenty of factors that are likely to impact the freigh...
Congress sends WRDA to president for signature The Senate on Saturday passed comprehensive infrastructure legislation critical for ensuring efficient passage of commercial vessels throug...
Hyundai Heavy Industries to build containerships, tankers for Iran Hyundai Heavy Industries (HHI)will build 14,500-TEU containerships and 49,000 DWT product/chemical carriers for the Islamic Republic of Ira...
Japan ratifies TPP despite Trump opposition The National Diet of Japan on Friday ratified the sweeping 12-nation Trans-Pacific Partnership free trade agreement despite U.S. President-...
AgTC rebrands as Agriculture & Commodities Transportation Coalition The Agriculture Transportation Coalition (AgTC), long the industry voice for U.S. exporters before industry and government, has added the w...
Freight Rate Roundup: Maersk, CMA CGM and Hapag-Lloyd Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd announced freight rate increases. Maersk issued an increase in FAK rates and all trade...
TENDER DATA: PetroChina sells 1.65 mil barrels of WTI crude to PDVSA Venezuelan state-owned PDVSA was heard to have purchased the three cargoes of WTI crude for use at the Isla Refinery in Curacao.
US Gulf Coast distillate exports to Europe seen at 720,000 mt in Dec The 720,000 mt are split into 16 parcels, 12 of which are currently heading toward Northwest Europe.
Oil futures rally after non-OPEC countries agree to limit output OPEC secured commitments from 11 countries outside OPEC to lower collective output by 558,000 b/d in the first half of 2017.
Physical delivery of December ICE low sulfur gasoil at 1,827 lots Last month, delivery against holders of November futures was 2,900 lots, according to ICE data.
Bunker fuel in Latin America at yearly highs after OPEC deal "Everything is heavy up and not coming down," one US-based supplier with business in Panama said.
St Petersburg bunker suppliers may be cooperating on pricing: market sources Three regular buyers said suppliers started to communicate with each other in a so-called "club" in late November
TENDER DATA: Tupras offers 30,000 mt HSFO for Dec 27-29: sources
External: Praxis Energy Agents S.A
Competition, stocks erode Istanbul bunker fuel premium over Piraeus Improved availability and increased competition among suppliers have depressed prices at Istanbul
REFINERY NEWS: Uncertainty on industrial action impact on Pernis, Moerdijk
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
FUTURES 2: Crude continues rising on output cut agreement
FUEL FOR THOUGHT: The effectiveness and future of Western sanctions on Russia
FUTURES: Crude surges 4% after non-OPEC states agree to output cuts
ANALYSIS: OPEC's global producer pact could signal oil market metamorphosis
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