Skou says customer safeguards built into 2M-HMM deal Maersk chief executive sends a reassuring message to shippers worried about risks of their cargo moving on the South Korean line's ships
Listings, mergers and JVs all on the table for Maersk's energy division Maersk aims to have separation plan in place by end-2018 as it transforms into a pure play transport and logistics business
EU Parliament ratifies port services regulation Plenary accepts amendments to the text adopted in March
MR earnings recover in Asia and on fronthaul Atlantic trades IEA details the growth in China's aromatics trade that has helped support MR demand
Two tier Asia-Europe market emerging as shippers switch to stronger carriers Maersk reporting record utilisation levels at start of annual contract negotiations
Georgiou and Manchester out as RBS axes entire shipping operation StanChart also scraps London team
HMM gets rough deal after 2M snub Analysts respond to alliance failure with no-holds-barred assessment
Weak iron ore volumes make capesize cheaper than smaller bulkers Capes have fallen sharply to below $10,000 per day from 2016 peak in mid-November
NYK targets American LNG Newbuilding vessel is being assigned to haul liquefied natural gas from Cove Point in the US over 20 years
Tokyo Marine Asia merges with tanker subsidiary Merged entity will be called MOL Chemical Tankers
We are maritime: Christina Anderson An associate with West of England Insurance Services (Luxembourg), Christina is based in Hong Kong
Rising to the challenge Seafarers too are feeling the pinch of box shipping's financial plight and have had to up their game to ensure the container fleet runs to its optimum
About half of Singapore's bunker barges yet to be fitted with mass flow meters Move to measure fuel deliveries becomes compulsory from January 1
Suezmax rates jump on West Africa and Middle East demand Analysts say Opec production cuts from January will benefit West African flows
China newbuilds data reveals 14% fall in first 11 months of 2016 Vessels for export comprised 92.1% of completed newbuildings in the period
ICS concerned over Myanmar's changes in cargo release rules Amendments not in line with international shipping practices and could cause major market distortions, says Chamber
Scorpio Bulkers charters out kamsarmax Vessel to be employed for a duration of five to seven months
Singapore container throughput up 7% in November City state on track to exceed 2015 full-year figures
Minsheng Leasing to base overseas shipping business in Singapore Chinese lessor looking to specialise operations
A merry Christmas for Eagle Bulk after successful fundraising $100m fundraiser from Eagle Bulk Shipping proves capital is available at the right price and for the right reason
US December box imports likely up 3.2% year on year Department stores bringing in final haul of merchandise to meet holiday season demand
Drop in profit hits Economou's Ocean Rig New York-listed drilling unit owner misses earnings estimates as it reveals talks for drillship contract cancellation.
BBC launches New Zealand-Thailand run Breakbulk, heavylift and project cargo specialist says the new monthly route is a response to increased demand.
Excelerate reaffirms 2018 startup for FSRU US regasification vessel owner says it is on track to for Moheshkhali Floating LNG off Bangladesh.
Offshore vessel shares lead marine stock dip GulfMark Offshore and Tidewater declining by more than 10%; Aegean Marine also plunging.
Brokers question H-Line VLCC hype Rumours linking Korean owner to Gener8 resales are off the mark, with TRF talk also in doubt.
Rosjo joins big guns at M&M Bank Norwegian investor to become a shareholder in Maritime & Merchant Bank which is expected to launch soon.
Ecovix yard lays off 3,200 workers Estaleiro Rio Grande hit by loss of contract for three FPSO hulls from Petrobras.
Aegean Marine goes for more in bond offer Peter Georgiopoulos-led bunkers supplier pursuing cash pile of nearly $173m in sale to institutional investors.
Farstad lays up anchor-handler Far Scorpion has been stacked in Alesund, broker says.
NYK, Kepco team on LNGC ownership Japanese owner and power company agree to jointly control Kawasaki newbuilding for US trade.
Germany to get first LNG terminal Brunsbuttel of Stadt set to host Hamburg LNG facility.
Twin upgrades for Maersk as stock ticks up Danish owner sees shares climb for a second day, aided by fresh buy ratings from two top banks.
Panama Canal: tourist hotspot? Frommer names expanded waterway as one of the best places to visit in 2017.
Maersk Supply offloads two more ships Danish offshore vessel owner now halfway through divestment project with the sale of AHTS duo.
Siem Offshore ditches delayed PSV Kristian Siem company axes number three in its series of supply ship newbuildings at Remontowa.
Iran plots nuclear power for ships Government tells scientists to develop new propulsion system as a response to US sanctions.
Chevron cancels $1.85bn FPSO at Hyundai Heavy US oil major tears up contract for North Sea production unit ordered in 2013.
Ezra opposes Perisai's $43m put option Singaporean offshore owner is in discussions to resolve matters with Kuala Lumpur-based company.
Rickmers finds new customer in Samudera German group appointed technical manager of two supramaxes owned by Indonesian company.
Maersk wins 12-month PSV charter Sister oil outfit books Danish owner's veteran supply ship with options.
Hope dims for Flinter rebirth Administrator says banks unhappy with potential auction prices of Dutch owner's vessels.
Hindustan Shipyard in the black Indian shipbuilder hits production record in current financial year.
POSH/Makamin charter row escalates Saudi operator wants damages awarded against Singapore owner in charter dispute.
Korea Line to launch transpacific services South Korean shipowner wastes little after acquiring Hanjin assets to launch new routes.
Epic Gas completes Merkur Market move Shares in Singapore-based LPG vessel owner to start trading on new exchange from Thursday.
Coal demand growth to stall as appetite wanes IEA says reduced appetite in China and US and growth of renewables to be main drivers of decline.
Bangladeshi worker killed at scrap facility Latest incident takes death toll at Chittagong demo yards to 19 so far in 2016, says watchdog.
Maersk says price war may be winding down The price war in container shipping may be winding down, according to Maersk Line. Speaking to investors during A.P. Moller - Maersk's Cap...
Commentary: E-commerce in the global supply chain The growth of e-commerce over the past ten years has been nothing less than phenomenal. E-commerce is now dominating consumer sales here i...
EU, Cuba sign bilateral diplomatic agreement The European Union has signed a first-ever bilateral trade agreement with Cuba, according to a statement from the EU delegation to Cuba. T...
FedEx CEO: Trump should reform, not reject trade agreements FedEx Express Chairman and CEOFred Smith said President-elect Donald Trump should seek changes in the Trans-Pacific Partnership agreement (...
Mexico eyes USWC gasoline cargoes again as differentials plunge Energy Information Administration data released Wednesday showed inventory up 48,000 barrels week on week to 29.24 million barrels for the week ended December 9
US DATA: EIA says residual fuel oil stocks at highest since July Stocks have increased in two consecutive weeks for the first time since September.
First crude lifting scheduled from Libyan Es Sider since Dec 2014: sources According to Platts trade flow software cFlow, the last tanker previously to call at Es Sider was the Seadelta in early December 2014.
Oil futures weaken as US output increases, dollar strengthens Another headwind for oil prices -- US dollar strength -- was visible Wednesday afternoon after the Fed announced its second interest hike since 2006.
East-West arb flips NWE HSFO barge structure into backwardation The latest Platts assessment for 3.5% FOB Rotterdam barges over the front-month swap was 25 cents/mt Tuesday, up 75 cents/mt on the day.
Ship maintenance costs could rise on greater distillate use: WSS Systematic treatment of fuel can mitigate these effects, Gupta said.
PRESS RELEASE: Aegean Marine Petroleum Network Inc. Announces Upsizing and Pricing of 4.25% Convertible Senior Notes Due 2021
External: Wired Bunkering
Saudi Aramco expects more Asian term customers to see crude supply cuts in Feb: source "Saudi Arabia is committed to the [OPEC] cut -- we started [cutting] in January and the cut is global," the source said, noting that Asia was to see almost a third of the country's total OPEC related cuts.
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