Was Georgipoulos pushed out at Genco? Conflicting accounts surface over whether Georgiopoulos left Genco over disappointment with backers or was forced out.
Fidelity buys 10% of Teekay LNG Partners Large long-only investor likely looking ahead to restoration of dividends.
Apollo's Arthur Regan takes helm at Genco Interim chief executive comes from one of New York bulker owner's key shareholders backing restructuring.
Svitzer engineer unprotected before fatal fall Crewman crushed as he tried to move between tugs in Bristol, UK.
Zim launches another Asia-Pacific run Israeli carrier adds service from China to Canada's Prince Rupert.
GTT nets first Mark V order with GasLog French designer finally gets chance to prove its new cargo system.
Monarch Capital set for shipowning exit Euronav linked with the final tanker directly owned by the US investment firm.
ASL asks for more time over loans Singapore shipbuilder to delay financial results as it works on new finance.
Cement carrier refloated off Norway Polish cargoship got stuck on sandbar near Hugla.
DNB not ruling out offshore debt swap Kristin Holth says bank has to think broadly to handle downturn in best way for shareholders.
Bomin Linde grows LNG bunker fleet German LNG fueling pair says vessel will be deployed in the Baltic Sea by late 2018.
IBK guarantees Samsung's Viken order State-run bank reported to have quickly come up with refund cash for tanker quartet.
Cosco Shipping profit evaporates Chinese heavy lift specialist takes a hit in the third quarter amid lower revenue.
Court to start auction of Hanjin's Asia-US business Expressions of interest must be in by 28 October as five boxships placed on sales block.
GC Rieber gets geophysical with Rasmussen Norwegian companies team up for new seismic shipping venture, while hinting at future consolidation as they take over Dolphin.
Saverys heads to US with blank-cheque Shipowner seeks $150m from IPO less than a year after delisting CMB in Belgium.
Non-operator's idle fleet tops 1m teu Two-tier market between liner firms and container leasing companies appears to be emerging.
Swiber Holdings misses another coupon Restructuring Singapore offshore owner unable to pay interest on $115m bond issue.
GC Rieber gets geophysical with Rasmussengruppen Norwegian companies team up for new seismic shipping venture, while hinting at future consolidation as they take over Dolphin.
Scorpio Tankers faces possible dividend cut US-listed shipowner needs to see a relatively strong inflection in rates, says Deutsche Bank.
Hanjin collapse takes its toll on Long Beach US west coast port throughout figures weighed down by bankruptcy of South Korean liner giant.
Bomin Linde expands LNG bunker fleet German LNG fueling pair says vessel will be deployed in the Baltic Sea by late 2018.
Hanjin's assets related to U.S. trades will be put up for sale Multiple press reports said that assets related to Hanjin Shipping's services to the United States will be put up for sale as soon as tomor...
Savannah River reopens to commercial traffic The MSC Kleven sailing up the Savannah River to the Port of Savannah after the river reopened Wednesday Source: Georgia Ports Authority The...
CSX's Q3 net earnings, revenues drop amid lower volumes CSX Corporation said Wednesday its net earnings for the third quarter of 2016 totaled $455 million, a 10 percent decline from the third qua...
ATA: Trucking volumes to grow 27% by 2027 The amount of cargo moving by truck in the United States is expected to grow 27 percent between 2016 and 2027, according to the latest U.S....
U.S., Canadian lumber dispute risks flare-up The deadline for reaching a new softwood lumber trade agreement between the United States and Canada expired on Wednesday, risking the asse...
Damietta Port to build second container terminal The Port of Damietta Authority has signed an agreement with China Harbor Engineering Company Ltd. for the construction and development of a...
UK, China lift restrictions on cargo flights The United Kingdom and China have agreed to amend or lift restrictions on international flights between the two nations, according to a sta...
UPS expands early morning delivery to 28 countries UPS is expanding its earliest morning package delivery service, Worldwide Express Plus, to 28 additional countries and enhancing service to...
DHL expands Leipzig hub Source: DHL Express carrier DHL on Thursday officially opened a new 230 million euro (U.S. $253.8 million) sorting center at its global air...
Executive Moves: CSCB and R.J. Corman Railroad Group The Canadian Society of Customs Brokers (CSCB) has elected Angela Collins , vice president of Canadian and U.S. brokerage operations and re...
U.S. starts investigating steel concrete bar dumping The Commerce Department said it has started antidumping investigations on imports of steel concrete reinforcing bar from Japan, Taiwan and ...
Greenbrier expands European railcar manufacturing The Greenbrier Cos. and Astra Rail Management GmbH said they will form a new company, Greenbrier-Astra Rail, to create a Europe-based freig...
OmniTRAX links with Arrows Up OmniTRAX Sand Holdings has entered a joint venture with Arrows Up, a provider of bulk storage and transportation services. Terms of the jo...
Brazilian beef to arrive at Port of Philadelphia The first loads of Brazilian beef to the United States in decades are expected to arriveat the Port of Philadelphia on Friday, the port aut...
Descartes acquires integration specialist Appterra The logistics software provider Descartes Systems Group said Wednesday it has acquired Appterra, a provider of cloud-based business-to-busi...
Port of Long Beach posts 16.6% drop in box volumes The Port of Long Beach said Wednesday it handled 546,805 TEUs in September, a 16.6 percent decline from September 2015. The Southern Calif...
European fuel oil hi-lo hits two-year high on maintenance, firm demand The premium of FOB Northwest Europe 1% sulfur fuel oil cargoes to 3.5% sulfur FOB Rotterdam barges has surged to its highest level in over two years, assessed up $0.75/mt at $24.75/mt Wednesday.
Oil futures inch higher after EIA reports refined product draws NYMEX November crude settled 26 cents higher at $50.44/b. ICE December Brent settled up 22 cents at $52.03/b.
US DATA: EIA says US fuel oil imports hit 16-year low as inventory falls Residual fuel oil imports averaged just 46,000 b/d for the week, a drop of 62% from the previous week
External: Praxis Energy Agents S.A
S. Korean bunkering remains halted amid pay dispute Bunker fuel operations on South Korea's south coast remained at a standstill Thursday
GLOBAL VLCC TRACKER: China, Japan imports nosedive - China landings lowest since March, could signal trend - India inflows strength highlights key buyer status - OPEC outflows resilient ahead of possible freeze
ANALYSIS: With Russia on board, OPEC seeks further freeze support at Vienna talks - All eyes on October 28-29 technical meeting - Russian freeze level still to be determined - Exemptions, secondary sources need resolution
External: Wired Bunkering
European ports call on IMO not to delay 0.5% sulfur emission cap European Sea Ports Organisation says global cap will level the playing field for ports
Bunkering remains halted as S Korean refiners fail to reach deal with barge operators Korea Oil Supply Shipowner's Association holding out for higher operating fees paid by refiners.
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