Three Hanjin ships bound for New York suffer severe schedule delays Update: Hanjin Greece heading from Long Beach to Oakland while Hanjin Boston now being handled in LA as other ships remain under arrest or are being rerouted
Marco Polo Marine asks for extension on notes maturing next month Notes are set to mature in October
Is Hanjin's collapse the shock that container shipping needs? Industry analyst James Frew argues that Hanjin's failure may influence behaviour of other lines for the better
'Anaemic' refining outlook adds to product tanker uncertainty New dynamics reshape a product tanker market whose future is far from certain
Slower Chinese teapots intake affects suezmax, aframax demand Indonesia-Japan aframax rate down to $9,000/day vs 2016 year-to-date average of $24,000/day
Hanjin collapse will mean complex headaches for marine insurance, Marsh warns "Considerable concern" over extent of cover, top broker reports
Shipbuilding capacity to fall up to 30% in five years More shipyard consolidation to come, says Teekay
Chinese "teapot" boom to boost port investments and tanker trades Independent refineries evolving into new petroleum hub a boost for tonne-mile demand
DSME in talks over FPSO delivery delay DSME stands a good chance of normalising its businesses, says chief executive Jung
Ocean Yield raises $91m from bonds Proceeds used to repurchase older bonds and pay back Aker loan
September VLCC loading programme ends with a whimper Holidays exacerbate an already stagnant spot market for large crude tankers
Hanjin Shipping banks $36m loan from group chairman But loan from Korean Air Lines could take more time to be issued, say regulatory authorities
Ardmore Shipping completes financing for six vessels Company also takes delivery of three tankers and sells an older vessel
Tufton targets yield in shipping deals Current income remains the mandate from the London-based fund's investors.
Bank defections seen as ray of hope Lack of debt financing may be just the tonic to bring a recovery across shipping's sagging sectors, stockpicker says.
Deutsche Bank's Maher sale set to close Port of New York and New Jersey head says purchase by Macquarie to be completed soon.
How long will the Big Apple shine? New York remains the unchallenged centre for shipping capital, but history may show it shouldn't get too comfortable with that title.
IEA throws cold water on tanker demand Forecasting outfit trims outlook on 2016 demand; refinery output also slowing.
Shipyard strife troubles KEXIM South Korean bank sees provisions grow on back of industry difficulties.
Shin Nihonkai adds MHI newbuilding Japanese ferry company returns to domestic shipbuilder for new ro-pax.
Crewman killed in drill on world's biggest cruiseship Lifeboat became detached from fifth deck on Royal Caribbean's giant Harmony of the Seas.
Samudera calm on Hanjin exposure
Hanjin nets $44.6m from chairmen Incumbent and former chairs push in personal funds to aid Korean shipowner.
Wang: Hanjin a 'huge, huge nuclear bomb' Seaspan chief says Hanjin collapse is shipping's Lehman Brothers moment.
Canadian ro-pax on sales block Laid-up state ferry Sir Robert Bond offered to new owner in auction.
Lower rates await owners of Hanjin ships Marsh also sees numerous insurance questions arising from the woes of the South Korean company.
Jefferies forecasts significant LNG upcycle Bank takes up coverage of LNG MLPs with buy ratings on three big names.
Seafarer killed by water jet on PSV Brazilian crewmember dies from head injuries during test on Astromaritima vessel in Brazil.
Putin orders extension of ship subsidies Russian president wants continued financial help for domestic operators.
Celestyal Cruises plotting new orders Piraeus owner targets shipyard slots to update ageing fleet.
Panama Canal expects 230 cruiseships Major cruise lines are set to use the expanded waterway's new and bigger locks this season.
Cochin Shipyard moves on $90m IPO Indian shipbuilder to lodge documents with regulator this month.
Perisai Petroleum seeks bond maturity extension Malaysian oil services provider looking for more time to explore options to manage its liabilities.
Subsea 7 teams with Det Norske in Norway Oslo-listed owner forming alliance also including Aker Solutions.
MPC Capital raises $24m in share sale German asset manager completes over-subscribed first part of capital increase.
Hanjin Heavy denies ULC order South Korean parent of Philippines yard says there has been no new deal for trio of 20,600-teu vessels.
Teekay sees shipyard capacity falling 30% Consolidation of yards is positive for the long-term health of shipping, says tanker giant.
Japanese capesize duo head for new ownership Kumiai Senpaku and MOL look to offload modern tonnage on back of rising freight rates.
World Fuel Services renews share buyback plan US-listed bunker company says move demonstrates its confidence in its long-term prospects.
US imports remain strong despite Hanjin collapse Retail trade association plays down any impact on major US ports due to bankruptcy.
Ocean Yield sells $91m in new debt Oslo-listed company refinances debt and gets dry powder with new capital.
Cargo interests to fight against demurrage Cargo interests are about to step up their fight against what they consider improper assessment of demurrage fees charged by container term...
Longshoremen in France to join labor reform strike Thursday French dockworkers with the trade union CGT will join a nationwide strike against a labor reform bill it says violates conventions of the I...
SCPA posts record August box volumes The South Carolina Ports Authority (SCPA) reported its strongest August container volumes on record with a throughput of 180,153 TEUs durin...
Watco subsidiary acquires Utah-based intermodal provider Watco Supply Chain Services, LLC has purchased intermodal services provider BCM Logistics, LLC, according to a statement from the company. ...
ITC rules on hot-rolled steel import investigation The U.S. International Trade Commission (ITC) on Monday determined that imports of hot-rolled steel from Australia, Brazil, Japan, South Ko...
RoadOne expands New England operations via acquisition RoadOne IntermodaLogistics looks to expand its operations in southern New England and business with the marine terminals at the Port of New...
CBP's Kerlikowske calls for C-TPAT revitalization U.S. Customs and Border Protection (CBP) Commissioner Gil Kerlikowske said a key trade facilitation program is in need of rejuvenation at a ...
Commerce finds dumping of Chinese stainless steel imports The U.S. Commerce Department has preliminarily determined that China is dumping stainless steel sheet and strip on the U.S. market at less ...
DOT awards $25m to states for rail upgrades The U.S. Transportation Department's Federal Railroad Administration has awarded $25 million in grants to improve safety at railroad crossi...
MercuryGate integrates LoadPay carrier payment tool The transportation management system (TMS) provider MercuryGate said at its user conference in New Orleans Monday that it has integrated a ...
FMC's enforcement arm looks into co-loaded cargo A counsel for the National Customs Brokers and Forwarders Association of America (NCBFAA)indicated Monday that the association is trying to...
FMC's Cordero is not surprised by Hanjin's bankruptcy Federal Maritime Commission (FMC) Chairman Mario Cordero on Monday called for the container shipping industry to be prepared for future lin...
Hanjin ordeal highlights importance of visibility The first question many shippers and third-party logistics companiesasked themselves when news broke that Hanjin Shipping was filing for ba...
Executive Moves: IAPH, ATA and two law firms Port Authority of New York and New Jersey Port Director Molly Campbell has been elected as the new vice president of International Associat...
Quijano: Panama Canal won't engage in 'price war' with Suez The Panama Canal will not raise tolls despite primary competitor the Suez Canal reportedly slashing its fees by more than half, according t...
CP CFO resigns, Velani named to interim post Canadian Pacific Railway Ltd. Executive Vice-President and Chief Financial Officer Mark Erceg has resigned from his position, effective Sep...
NRF: U.S. container imports steady despite Hanjin bankruptcy Import volumes at major container ports in the United States should remain at "near-peak levels" in September despite issues caused by the ...
Textainer says it may incur significant costs from Hanjin's bankruptcy The container leasing company Textainer said it may incur significant costs from Hanjin filing for bankruptcy, regardless of whether or not...
CRST buys Gardner Trucking CRST International, a large cross-country trucking company based out of Cedar Rapids, Iowa,has acquired Ontario, Calif.-based Gardner Truck...
Crude declines after IEA lowers oil demand growth forecast NYMEX October crude settled down $1.39 at $44.90/b. ICE November Brent settled $1.22 lower at $47.10/b.
First Finnish LNG terminal starts commercial operation The terminal, which has a capacity of 30,000 cu m, is intended for the supply of industrial, maritime and heavy-duty road transport customers
Methanex pushes marine fuel cost, availability advantages of methanol A dual-fuel engine that can use methanol represents a more cost-effective option than an LNG-powered ship
SINGAPORE DATA: AUG VESSEL ARRIVALS FOR BUNKERING FALL 2.97% ON YEAR TO 3,561 August sales were up 2.7% from July's 4.12 million mt
Physical Med-North HSFO spread at 10-week low on weaker Med market
External: Wired Bunkering
IEA HIGHLIGHTS: Oil market rebalancing postponed
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