Dry bulk stocks are hot in the US Promises by president-elect Trump to spend billions on infrastructure projects may be the driver of the gains, but not for long
Panamax bulker earnings highest since February 2014 Earnings spike on cape rally as charterers split cargoes
V.Group acquires Selandia in further consolidation of shipmanagement sector Deal enables V.Ships to enhance tanker services from Asia and increase presence in India
Tanker scrapping to rise on IMO ballast water regulation Older tonnage to head for the breakers amid green rules
Too small to charter, too young to scrap Few options available to panamax owners as idle fleet rises
Russ and Pareto plan shipping fund Hamburg-Oslo lash-up may even investigate non-performing loans
Hamburg box traffic down marginally Growing trend of direct Baltic calls dents Hamburg's transhipment traffic
Norwegian Hull Club opens London underwriting office Marine mutual gets base on Lime Street
UK Chamber warns of Brexit customs control effects Guy Platten was optimistic about the UK maritime's future but called for reforms and access to the EU's skilled labour
LNG is big winner in brave new energy world LNG will overtake gas pipelines by 2040
Taiwan government to offer $1.9bn shipping aid Domestic carriers with four consecutive quarterly losses are eligible for funds
Singapore authorities put Swiber Holdings under scrutiny Commercial Affairs Department has requested information relating to the group and a number of its units
Genco sells entire stake in Jinhui Shipping Jinhui's third-biggest shareholder disposes of 2007 investment
Korean authorities to subsidise LNG-powered vessels Move to aid shipbuilding industry, cut fuel costs and meet emissions regulations
STX Offshore unit attracts three preliminary bids Interested parties have a week to conduct due diligence on Goseong Offshore & Shipbuilding
Hyundai Heavy Industries to spin off businesses into six companies The group is looking to diversify risk away from its shipbuilding unit
Sembcorp Marine offloads Cosco Shipyard stake to Cosco Group Sembcorp says Cosco Shipyard is no longer a strategic investment nor a core asset
JES International records wider loss for third quarter The relevant district courts in China approved the combining of JES' Chinese units into a single entity
Genco secures $400m credit facility Bulker owner also amended terms of existing facilities and raised $125m from a preferred share sale
Navig8 Product Tankers launches $30m rights offering Company has set a subscription price at $10 per unit and is looking to raise up to $30m in gross proceeds
Pioneer Marine's third quarter loss narrows amid slow recovery in dry bulk In October, the company bought two secondhand bulkers
Stolt-Nielsen's Jo purchase gets thumbs up from authorities Competition officials pave way for November completion of deal for 13 chemical tankers and 50% share in eight newbuildings.
Aegean Marine profit growth tops estimates Peter Georgiopoulos-backed bunker supplier sees sales volumes up 26% from year ago.
Wilbur Ross tipped for commerce secretary Billionaire investor, whose holdings include Navigator Holdings and Diamond S Shipping, is widely reported to be Trump's favourite for cabinet position.
Aegean Marine sees growth in net profit Peter Georgiopoulos-backed bunker supplier sees sales volumes up 26% from year ago.
Alphaliner: 100 panamaxes should go Wider Panama Canal locks has halved demand for panamax boxships; more in lay-up.
Pangaea finances newbuilding with sale and leaseback US bulker operator's joint venture may use similar route to fund second newbuilding.
V.Group buys tanker specialist Selandia Clive Richardson says latest purchase boosts standing in wet and Asian markets.
Port of Savannah takes next step in RTG electrification The Georgia Ports Authority (GPA)said Wednesday that it has completed the third phase of its program to replace diesel-powered rubber-tired...
Container booking platform in alliance with INTTRA The online container shipping platform 45HC.com has partnered with INTTRA's container booking and track and trace services, the companies s...
Koch invests $2.5b in GT Nexus parent Infor, the parent company of supply chain software provider GT Nexus, has received a $2.5 billion investment from Koch Equity Development, ...
Marken opens new operational hub in Chicago Marken, a global provider of supply chain services to the life sciences industry, is opening a new operational hub in Chicago, the company ...
Anheuser Busch taps 10-4 Systems for visibility Anheuser Busch, producer of the famed Budweiser beer, among several other brands, has tapped 10-4 Systems for visibility software. The Bou...
Port of Long Beach's box volumes feel the pinch from Hanjin bankruptcy The Port of Long Beach's October box volumes fell 6.2 percent year-over-year to 581,808 TEUs, resulting from the exceptionally strong throu...
UPDATE: US LPG cargoes shift attention to Panama Canal, strengthen on Asian demand S&P Global Platts last assessed VLGC freight rates at $28/mt for the Houston-Northwest Europe route and $56/mt from Houston to Japan Tuesday.
US DATA: EIA says residual fuel oil stocks highest since September Domestic fuel oil stocks ended the week at 41.199 million barrels, an increase of 2.029 million barrels from last week.
HSFO barge structure flips into contango on strong December buying "There is strong buying interest, especially for December-loading VLCCs which will head East", said one trader.
North Sea traders turn to Suezmax floating storage as Aframax rates rise Traders unable to sell their cargoes at attractive values have opted to float them in recent weeks on short-term floating storage plays, overwhelmingly on 600,000-barrel Aframaxes.
External: Wired Bunkering
ANALYSIS: US under Trump may pump more oil, but economics key for export to Asia
Global oil market to become more dependent on OPEC crude in long-term, IEA projects
Oil price of around $80/b needed to balance market in 2020: IEA It noted, however, that the forward curve for Brent crude currently suggest prices around $60/b in 2020.
FUTURES : Crude trends higher despite doubts on Vienna deal
FUTURES : Crude dips on profit-taking after near 6% surge overnight
RESEND: Iraq plans major Nassiriya field increase - senior oil agency official
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