Panamax rates soar to highest in more than five months Rise partly due to active coal market plus continuing strength in North Atlantic
Product tanker markets await summer fuel demand surge MR and LR rates weighed down by vessel supply but support might emerge soon
Shipowner briefly arrested after London court appearance Brillante Virtuoso owner freed same day but battle continues over 2011 piracy case
Fortescue posts higher iron ore shipments Australian miner lowers production costs
ICS restates position ahead of 'critical' MEPC meeting Global CO2 data collection tops list of urgent regulatory concerns
Prolonged overcapacity spells trouble for liner industry MSI analyst paints bleak picture for container lines as supply continues to outstrip demand
Consolidation crucial for container shipping to become profitable Industry at a turning point where more mergers are the only option
Class societies: Going for gold New IACS secretary-general defends its quality system certification scheme, which marks its 25th anniversary this year
DP World to explore opportunities in Georgia Ports giant to send research team to Georgia to evaluate potential for terminals and logistics park
Boxed in but fighting back Port of Auckland may not be one of the world's larger ports but it still faces big port problems
Navig8 Group to acquire RKOffshore Management RKOffshore will come under Navig8 Offshore as a wholly owned subsidiary renamed RK8
Yangzijiang secures orders for six VLOCs worth $510m from ICBC Leasing Delivery of vessels expected in 2018 and 2019
Avic International Maritime reports 30% rise in revenues for 2015 Results boosted by shipbuilding, ship design and agency service contributions
Moody's says poor financial results in 2015 will not affect Wan Hai's rating Cost improvement and operating efficiency measures to keep ebitda margin stable
Port Authority of New York and New Jersey seeks master plan proposal Plan to chart port's long-term growth and development
Gaslog Singapore LNG tanker diverts from Caribbean to Nigeria Gaslog Singapore had previously been expected to pick up another cargo from Atlantic LNG in Trinidad and Tobago.
MR tanker freight on ARA-USAC at six-week high on gasoline arbitrage MR tonnage was tight as several ships were put on the Amsterdam- Rotterdam-Antwerp to West Africa trip in recent few weeks.
Three scenarios that could play out at the Doha oil producer meeting OPEC and major non-OPEC producers appear unlikely to reach an accord that will demonstrably tackle the global supply glut at their meeting Sunday in Doha.
Norway's DSD Shipping fined $2.5 million for illegal oil discharge Ships officers facing prison terms.
Japan's Mitsui O.S.K Lines takes delivery of its first methanol-powered vessel The deliveries are part of seven.
SINGAPORE DATA: Mar vessel arrivals for bunkering rise 11.44% on year to 3,672 Bunker fuel sales rose 16% year on year to 4.15 million mt in March.
Ecuadorean bunker prices increase on firm demand due to limited avails in competing ports Tight supplies reported in Los Angeles and at El Callao.
Australian Woodside signs charter contract for first LNG-powered marine support vessel The charter runs for five years with option for extension.
- 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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
