Seaspan prepared to withdraw ships from Hanjin rather than accept rate cuts Chief executive Gerry Wang expresses zero tolerance towards troubled South Korean line's debt for equity swap request
Data Hub: Load Factors If transatlantic carriers are to tighten utilisation levels then they must learn from last year and resist flooding the trade with tonnage once the peak season kicks in
Seanergy looking to expand despite first quarter loss Greece-based bulker owner agrees loan amendments and eyes further acquisitions
Nordic American Tankers inks $25m suezmax charter Contract with ExxonMobil subsidiary is for 30 months
You can't replicate what we did back in 2013, says Hafnia The happy collaboration of heavy-hitting private equity firms to create a new shipowner is an unlikely prospect in today's financial landscape
Data Hub: Trade Statistics East Asia box exports shrink as capacity cuts insufficient to offset weak Latin America demand
Cosco Shipping Bulker to scrap 2.9m dwt old tonnage Chinese carrier says it wants to lead the industry de-capacity for a recovery
CMES banks $116m ship scrapping subsidy Total scrap-and-build handouts received from Beijing topped $230m between 2015 and 2016
Yard Talk | Korean yards restructuring amid democratic checks and balances President Park in effect grants sovereign support to Big Three after her party loses parliamentary majority
Data Hub: Trade Routes Asia-Africa capacity remains too high for demand as service reductions fail to offset increase in larger vessels
Norden sells four handysize vessels Sale follows disposal of post-panamax vessels last week
Global Gateways Port throughput figures were significantly dented by weaknesses in key global economies last year, but there were some notable success stories among the doom and gloom
Baltic Exchange seeks quorum of brokers for SGX deal Update: CSBL chairman says it won't sign new proposed panellist agreement
Samsung Heavy Industries plans to reduce workforce by up to 40% Executives at Samsung Heavy to give up 30% of monthly pay from July
Data Hub: World Fleet Update Increase in demolition activity and slowdown of vessel deliveries stunts growth, but whether this will alleviate overriding overcapacity remains to be seen
NYK joins feasibility study to explore LNG bunkering at Japan's Yokohama Study steering committee begins meeting to look into the creation of a facility development plan by end of the year
Diana Containerships charters out post-panamax ship to SeaGo Line Contract expected to generate about $1.2m in gross revenue for the minimum scheduled period
US west coast ports report mixed results for May box volumes growth Results are a reflection of the slowdown in global trade and US retailers' import activities
Show me the money: Forwarders at sea and up in the air Logistics providers need to keep one step ahead of ocean carriers to make further inroads into their business
Eagle sues Navig8 over pool distributions New York-listed bulker owner lodges papers in Connecticut and Illinois courts to seize disputed funds.
Box Ships scores payment relief on loans ABN Amro and Credit Suisse agree to push back instalments to June 2017 for containership owner.
Supplier sues Harkand and Ethos Offshore Louisiana's Unique Systems says it is owed $1.9m for diving equipment provided to the offshore vessel Swordfish.
Seaspan closes preferred share offering New York-listed boxship owner and operator 'recapitalises' company, analyst says.
Navig8 Chemical in $91m CMB deal Oslo-OTC quoted company completes sale-and-leaseback of three tankers.
Grieg Star secures $400m refinancing Five banks involved in deal that pushes debt maturities forward until 2021 and beyond.
Nordic American pens rare time charter New York-listed owner says deal complements existing COA with ExxonMobil.
Lloyd Fonds reveals new shipping chief Ex-Commerzbank man Klaus Pinter recruited to head maritime activities.
Danske: 'Chemical tankers set to shine' Danske Bank says sector will enjoy improved fortunes from next year; consolidation ahead.
ABG Group seeks sale of 17 vessels UK broker drafted in to handle disposal of merchant and offshore ships at Indian yard.
Michel Temer hits back at Machado claims Interim president of Brazil shoots down testimony of Sergio Machado that implicated him in Operation Car Wash.
Avance Gas leaving benchmark Oslo index Norwegian owner slips outside the OBX index in a year that has seen a large reversal in its stock.
Norseman withdraws Viking petition Offshore vessel owner sees bankruptcy filing in Copenhagen pulled back in a week.
Polarcus wins upgrade from Arctic Securities Oslo-listed offshore company secures buy rating and higher target price.
Marenave faces fleet sale to repay shipping loans Banks said to be willing to release owner from any liabilities, paving way for new investor.
Commonwealth Bank dumps more Ezion Holdings stock Australian bank has reportedly cut its stake in Singapore-listed offshore vessel operator by 16%.
Lebanon mulls change to lower sulfur gasoil specification: sources Market 'last bastion' of high sulfur demand.
Buenos Aires, Montevideo IFO 380 CST bunker fuel jump more than $20 on supply tightness Driven by winter demand for fuel oil in the Southern Hemisphere.
Oil complex brushes aside weaker dollar, weekly US stock draws US crude inventories drew for the fourth consecutive week.
US DATA: EIA says US fuel oil stocks rise on demand decline Implied demand of fuel oil fell to an average of 134,000 b/d for the week.
India eyes switch to LNG-fueled barges on the Ganges by end 2018 Part of pollution reduction plan
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