VLCC earnings jump by 20% Focus now shifts to September-loading cargoes as vessel supply remains high
Results round-up Wan Hai Lines bucks boxline losses but things are tough all over
Fresh blow to suezmax owners as Shell declares force majeure on Bonny exports West Africa-northwest Europe suezmax earnings dip below $4,000 per day, another record low
Clarksons' underlying profit falls amid challenging markets In the short term, markets will continue to be fraught, but company is geared for long-term growth
Container shipping industry could lose $5bn in 2016 Drewry forecasts huge losses if ailing liner profits continue into the second half of the year
ArgoGlobal acquires Allied World Asia marine hull book Consideration for recent deal remains undiscloseed
Tokyo MoU announces cargo securing safety blitz Concentrated inspection campaign will run through September and November
Mixed fortunes for Californian container ports Slow start to the peak season in Long Beach dents box traffic numbers, while Los Angeles reports rise in imports
Bahri secures Islamic financing for five chemical tankers Facility provides $133.2m over a 10-year period
Singapore port box throughput up slightly But throughput was down 1.02% from the 2.59m teu handled in June
RCL swings to loss as freight rates weaken further Thailand-listed carrier narrows losses from first to second quarter to $5.3m
Chartering drags down Marco Polo Marine Lower fleet utilisation as dry cargo and oil and gas markets stay in a slump
CIMC completes $528m bond issue Issuance is first tranche of company's medium-term note for 2016
Courage Marine trims losses Absence of impairment charges from the disposal of vessels helps improve results
Avic International Maritime eyes restructuring Continued global weakness forces Chinese state-owned company to streamline operations
Wan Hai Lines beats bigger peers in second quarter Taiwanese carrier's profit, however, was about 77% lower than its year-earlier bottom line
Seasonality hits tanker rates: Evercore Rates do exhibit seasonal weakness in high summer, but other factors at play too.
D'Amico 'denounces' engineers in guilty plea Italian shipowner says its crew members are instructed to follow all environmental rules.
Panamax boxships for demolition pile up But more time-consuming scrapping leads end buyers to prefer bulkers, GMS says.
Auditors cast 'doubt' on future of JES Accounting firm BDO cites uncertainty over Singapore-listed shipbuilder's ability to survive.
DryShips shares barely above $1 after split George Economou-led bulker owner completes reverse share split to tackle minimum stock price.
Suezmax fall pulls TD6 to loss-making rate Deeper slump during summer trough could weigh on VLCC rebound potential.,
Serious spot rates fall required to spur bulker scrapping
Capesize crew could run out of food Seafarers of Five Stars Fujian Shipping's bulker have been left stranded off Australia since mid-July.
Engelstoft satisfied with Maersk Tankers result Chief executive points to improved commercial performance during first half of 2016.
Farstad Shipping keeps PSV quintet busy BG Tanzania and unnamed oil major strike deals for five vessels owned by Norwegian company.
Master's piracy fight with Chevron back on Appeals court says Edison Chouest Offshore master Wren Thomas should have had a chance to amend his lawsuit before dismissal.
Precious confirms double demolition sale Thai owner continues disposing of older tonnage with two latest deals worth $2.42m.
Wan Hai still in black but profit slashed Taiwan-listed boxship owner reports profit of around $8m in the second quarter.
AP Moller-Maersk warns of US protectionism Chief financial officer of Danish giant says a potential shift in US policy threatens global trade.
Sentek tied to Gener8 VLCC purchase Singaporean company rumoured to have bought second VLCC sold by New York-listed owner.
Clarksons in $5m CargoMetrics buy Shipbroker joins Idan Ofer and Google chief in backing US trade data venture.
Bahri nets loan for chemical tankers After securing facility for VLCCs, Saudi owner lands $133.2m funding for quintet.
Cash rich Clarksons looks to grow Chief executive Andi Case says broker open to opportunities as he voices support for Baltic Exchange takeover.
Vallianz bucks sector trend with upbeat result Singapore-listed entity says new contracts during the year take order backlog to $1.1bn.
Impairments dog Pacific Radiance results Singapore says weaker as well as keen competition are pushing down rates and utilisation levels.
Salvors re-board Transocean Winner Team from Smit set to examine diesel oil tanks in bid to prevent further leakages.
D'Amico engineers admit US pollution charges Duo face maximum penalty of five years in prison plus fines of $250,000 if found guilty.
HHLA takes delivery of three new cranes at CTB Hamburger Hafen und Logistik AG's (HHLA) Container Terminal Burchardkai (CTB) at the Port of Hamburg took delivery of three additional cont...
Special Coverage: Allcargo's transition to a dominant ocean freight consolidator The idea that the home of the world's biggest neutral non-vessel-operating common carrier is found in India is still surprising a decade af...
Clarksons boosts profits in first half 2016 Clarkson PLC, better known as Clarksons, saw profits in the first six months of 2016 skyrocket 109.7 percent to 13 million British pounds (...
GRI Roundup: Maersk, CMA CGM, Hapag-Lloyd, MOL and Emirates Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, MOL and Emirates issued rate increases, while members of the Caribbean Shipowners Associa...
Report: Brexit could be delayed until late 2019 The United Kingdom's exit from the European Union could be delayed until late 2019 or longer, according to a report from the Sunday Times ....
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