Panamax rates holding out Pacific softness battles against what seems to be stronger Atlantic activity
Yilport buys Turkey's largest liquid terminal The terminal serves tankers on two quays
TEN inks $50m charter deal for first new VLCC Recently-delivered Ulysses is fixed for close to $40,000 per day while owner negotiates period employment for sister tanker
Product tanker rates slide further MR and LR rates keep falling amid high vessel supply and lack of long-haul trades
Asia-Europe box trade to rebound in the second half of 2016 Approximately 7% demand increase expected from July through December, says analyst, but with so many ships due to hit the water next year, medium- to long-term aspirations look increasingly bleak
DSME hit by $1.3bn accounting fraud Shipbuilder says state audit agency verdict is not final
Now is not the time to get complacent, says Torm Tanker giant says it is finally a 'normal' company, but is acutely aware of the need to avoid overconfidence and complacency
China VLCC annuls vessel sale Cancellation comes after alleged buyer Frontline confirmed purchase of up to four VLCCs being built at HHI
Hyundai Mipo seeks $141m through sale of chemical and auto parts maker Korean shipbuilder sells its shares in KCC to enhance financial stability
Mermaid Maritime Indonesian unit charters dive support vessel Mermaid Maritime has clinched $10m worth of subsea contracts
Scorpio Bulkers taps capital market again with $61m fundraiser Latest fundraiser reduces bankruptcy risk but comes at high cost as share count rises substantially
CMA CGM and PSA confirm terminals joint venture in Singapore Drewry sees move as negative for Westports, Port Klang's main operator; adds PSA is 'entrenching' Ocean Alliance
SK Gas to begin trading LPG from Banyan Major gas ship charterer intends to broaden market reach through move.
Teekay Offshore wins bond payoff pushback Spinoff of Peter Evensen-led Teekay Corp garners approval from bondholders to move payoff to late 2018.
BNP joins in resistance to Primorsk legal fees French bank's lawyers call for no lawyer pay, for now, on bankruptcy plan that was 'uncomfirmable'.
West Africa leads suezmaxes to surge 12% Busy Tuesday fuels owner confidence today as France strikes keep tonnage out of the market.
Norden ships out handysize quartet Danish owner continues asset sales designed to tighten dry cargo focus.
DryShips banks $5m Greek owner completes mixed securities sales with warrants potentially delivering extra cash.
Cassen Eils sells veteran ferry German owner offloads 1972-built passengership to the Seychelles.
GOL's PSV detained over unpaid wages Aberdeen Port Authority arrests offshore support vessel hired by oil majors.
NewLead sets charter for bitumen tanker Piraeus-based bulker and tanker owner tips further moves into bitumen market
Diana fixes post-panamax to SeaGo Greek boxship owner continues its cooperation with Danish giant at the same daily rate.
Scorpio Bulkers set for $61m issue purse Emanuele Lauro-led owner prices offering that takes advantage of new capital markets window.
Arrest warrant refused for ex-Hanjin chair Choi Former director not considered a flight risk in court probe into alleged insider trading.
Criminal case opened against Grindrod Bank Banking division of South African shipping group examined over illegal social grants deduction.
Quebec Traversiers seeks to sell ro-ro Buyers being hunted for veteran Canadian ferry, with offers due next month.
Fesco denies rumorurs of Transcontainer sale Russian owner dismisses local reports that it is looking to sell out of rail container operator.
Baltic aframax spot rates enjoy hot streak Regional rates racing aided by supply balance; VLCCs slip again.
Louis-Dreyfus warns of growing dry cargo confidence French owner says dry struggles have 18 months to two years to run.
EAT eyes more tankers in Q2 Malaysian owner expects to acquire two ships after increasing profit.
Ugland fixes PSV for up to three years Norwegian owner finds long-term work for Juanita with Statoil.
JP Morgan: Shipyard storm will hit future cycles Noah Parquette says orderbook at distressed yards is not a long way from previously projected cancellation levels.
Samsung closing docks as it eyes 1,500 lay-offs More details emerge of South Korean shipbuilder's restructuring plan.
DSME worker arrested over $15m embezzlement Former employee accused of siphoning off yard cash between 2012 and 2015.
Fesco plots sale of Transcontainer stake Russian owner in negotiations to sell out of rail container operator, according to local reports.
DSME worker arrested over $15m fraud Former employee accused of embezzling yard cash between 2012 and 2015.
Polarcus extends South American deal Oslo-listed owner adds three months to seismic survey contract.
Boa Offshore scoops US Gulf contract Norwegian owner moving construction ship from West Africa for Technip.
Scorpio Bulkers fund raiser unlikely to be the last Analyst says offering likely to be used to meet company's remaining newbuilding commitments.
Hyundai Mipo Dockyard continues asset disposals Shares in domestic building materials manufacturer latest investment to be put on sales block.
Scorpio Bulker fund raiser unlikely to be the last Analyst says offering likely to be used to meet company's remaining newbuilding commitments.
CMA CGM and PSA formalise tie-up French liner giant and Singapore port operator create container terminal joint venture.
Scorpio Bulkers preps another offering New York-listed bulker owner plans to issue up to 23 million shares as private sponsor pledges to inject at least $15m.
Strikes continue at French Med ports, tankers still queuing at Le Havre
Port of Ceuta eases draft restrictions to allow larger vessels
TRADER NOTE: Inchcape Shipping Services re-hires Peter Nielsen as vice president
LSFO barges at 20-month high premium to HSFO on tight supply
Japan's Cosmo Oil open to buying more US crude after first experiment Keeping a close eye on arbitrage opportunities.
TENDER DATA: South Korea's EWP buys 30,000 mt HSFO for June 22-26
ExxonMobil's Australian arm puts Bass Strait oil assets up for sale But will retain Kipper Tuna Turrum, largest oil and gas development on Australia's east coast.
CMA CGM forms JV with PSA to operate four berths at Singapore terminal Operations will start in second half of 2016.
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