Shipping urged to prepare for Indian Ocean piracy resurgence Experts call on owners to adopt best management practices as it is unclear how prepared the industry is for renewed threats
Time to invest in container shipping? With the liner industry at rock bottom, SeaIntel asks whether lessons past point to a grand opportunity or to fool's gold
Now supramax bulkers are earning more than capes, too - and by 22% US Gulf-Peru grain shipment fixed at $28,500 per day
Encouragement for tankers as IEA revises up oil demand growth Oil demand growth of 1.2m bpd translates into annual requirement for up to almost 50 VLCCs
Maersk Group homes in on 'new direction' Group chief executive Søren Skou uses Capital Markets Day to outline Maersk's new transport and logistics vision
Visa plea renewed at cross-party Brexit working group Visa regime must support ease of access to skilled labour from around the globe, UK ministers told
Maersk to publish prices on Alibaba Digitalisation drive spurs initiative on online marketplace and world's largest retailer
Qatargas and RasGas merger to cut shipping costs Proposed marriage to create the world's largest LNG supplier
VLCCs climb to $60,000 per day Spot earnings on Middle East-Japan route hit their highest since April on active chartering towards year-end
Cyber risks uninsured and undervalued in shipping, say experts Vessel operators maintain a reserved approach to the potential threat, insiders claim
Tankers face higher oil price environment after non-Opec deal Latest Russia-led non-Opec deal drives sentiment, but has little substance
Hanjin Shipping better off liquidated, says Samil PwC Shipping line's independent auditor reveals findings in court
Sinotrans Shipping provides financial guarantees for five joint venture LNG vessels Financial guarantees are one of the prerequisites to seal the vessels' bareboat charters
DSME to receive financial aid from creditors by end-December KDB to take up 44.3m new shares from shipbuilder via a debt-to-equty swap
US shipbuilders support Trump's 350-vessel naval plan Naval vessel deal will lead to more job creation and strengthening of the US industrial base
Port of Sydney inks development deal with two parties Partnership to develop and market Novaporte container terminal project
Commentary: Bringing employees along for the data ride I recently watched the first few episodes of an absurd show about a down-on-his-luck rodeo clown called Baskets. Now, this may not seem to ...
Moody's holds negative outlook for global shipping industry in 2017 Moody's Investors Service holds a negative outlook for the global shipping industry in 2017, reflecting thecontinued oversupply of ships an...
PierPass advisory committee continues review of extended gate options PierPass, the not-for-profit organized by 13 container terminalsat the ports of Los Angeles and Long Beach, said it met again with an advis...
Investing in the CFS industry STG Holdings LLC, the holding company of South Kearney, N.J.-based St. George Logistics, is rapidly investing in the consolidation and mode...
G&W UK to acquire Pentalver for $110m Short line and regional railway Genesee & Wyoming Inc.'s United Kingdom subsidiary, GWI UK Acquisition Co. Ltd., will acquire Pentalver...
TENDER DATA: Venezuela's PDVSA seeks 600,000 barrels of blendstock 95 RON Venezuelan state-owned PDVSA is looking for two shipments of 300,000 barrels each of blendstock 95 RON to be shipped to one or two ports in the PDVSA system, with a December 15-20 window, according to a market sources and a tender document.
FACTBOX: Exxon's Russian business could see boost from Tillerson nomination Western sanctions against Russia imposed in 2014 during the Ukraine conflict froze several major ExxonMobil projects with Rosneft, costing ExxonMobil an estimated $1 billion, Tillerson said last year.
European high density fuel oil strengthens on limited spot availability "The RMK market is stronger now because of the holidays, leaving a smaller volume [of supply] available for the spot market," a source said.
Houston Ship Channel boardings remain suspended due to fog "There's really a lot of no-visibility in the Galveston area too," the dispatcher said.
UPDATE: Singapore November bunker fuel sales climb 4% on year
External: Wired Bunkering
OPEC deal to push oil market into deficit by mid-2017: IEA The Paris-based agency had previously predicted that global oil markets would only rebalance by the end of 2017
FUTURES: Crude dips as bullish reaction to production cuts recedes
Houston-New Orleans MGO spread widest since November 1 Driven, at least in part, by end-of-the-year push from New Orleans suppliers to draw down their inventories.
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