Navios Partners earnings miss pinned on ill-fated support strategy from parent company Loss sharing from related party charters weighs heavily on revenues.
CMA CGM enhances Asia-north European connections New port calls for FAL1 and FAL23 in addition to the reintroduction of the FAL7 service from June
Supras slide Few new cargoes from South America adds to weaker tone in the Atlantic
Navigator Holdings' profit drops 16% Wilbur Ross-controlled gas shipping company was hit by idle days due to softening market and a collision
Aronnax: Putting the lessons of Costa Concordia into practice After the 2012 disaster, a European study into damage stability was all the more pertinent; results are finding their way into design requirements and operational guidelines
K Line withdraws issuer rating from Moody's after downgrade Shipping company keeps ratings from Japan Credit Rating Agency and Rating and Investment Information
Battle for Latin American trade heats up Competitiveness between the region's key economies is set to increase as they are forced to seek alternatives to their traditional trading partners, claims report
Demand for officers will continue to outpace supply, say BIMCO and ICS Improvements in training and recruitment are insufficient to meet demand from future fleet growth, report claims
Epic Gas posts narrower first-quarter loss of $1.4m Company stemmed losses by controlling operating costs
Dry bulk downturn continues to weigh on Courage Marine Cost-cutting efforts reduce losses as revenues tumbled
Suezmax, aframax rates lose steam after brief surge Rates on West African routes softened across the board due to supply outages in Nigeria for all major crude streams
OOIL secures Japanese loans for ULC newbuildings OOIL now borrows from five to six Japanese banks
Box fleet set to hit 20m teu this year BIMCO report says ULC fleet growth boosts total capacity
Weaker steel prices push scrap rates down Demolition market to remain in doldrums in run-up to the monsoon season and Ramadan
Yilport appoints new chief executive Christian Blauert takes over from Sean Pierce
Correction York-Antwerp changes
Nigeria oil supply outages hurt West Africa tanker trade Most West African crude comes from Angola and Nigeria
Marco Polo Marine reports 60% fall in second-quarter revenue Ship chartering and shipbuilding and repair operations weighed by industry downturn
Coscon and CSCL to further integrate container shipping operations Integration of transpacific and Asia-Europe routes will start from July 18 and July 25 respectively
Pan Ocean posts 40% fall in first-quarter net profit Results weighed by persistent tepid conditions in dry bulk market
Tanker floating oil storage surges on port delays Rates on benchmark routes find support
Taiwan's Yang Ming Marine slips into first-quarter loss Carrier's revenue fall 18.2% year on yea,r while operating costs drop 6.5%
Port of Cleveland attracts business from major European exporter Lubrizol Corp will reroute its specialty chemicals containers from rail to coastal ports to St Lawrence Seaway through the Port of Cleveland
Hapag-Lloyd adds Port Everglades to Mediterranean Gulf Express service Revised service will significantly improve company's transit time to South Florida
June cargoes lift VLCC spot rates Activity in Middle East picks up from last week amid fresh cargoes for June loading
US California ports see lower throughput in April Transpacific routes returning to seasonal trade flow patterns
El Faro boiler could go out 'unexpectedly' Former master of sunken TOTE Maritime ro-ro explains vulnerabilities.
Heidmar aims arbitration at Tesoro Blue Fin Tankers pool pursuing demurrage claim against US refining giant.
APM gearing up for more ULC traffic Busiest US West Coast port readying for the shift to ever larger boxships.
Jurong Aracruz carries out first repair Sembcorp Marine's Brazilian shipyard adds line of business amid order drought for local market.
ER anchor-handler heads to Angola Transocean fixes German ship for cargo run to Las Palmas.
Chandris VLCC locked in for one year Greek owner takes period work for tanker after previous deal failed.
DCIX posts bigger loss as rates fall Greek boxship owner's expanded fleet not enough to reduce red ink.
Yilport names ports guru Blauert as new CEO Robert Yildirim's company promotes ex-CMA CGM man to handle its growing portfolio.
Bulker prices face 'sticky point', broker says Allied argues upturn in secondhand values could dilute asset play buyers.
DSME strikes deal with Iranian yard Isoico Korean shipbuilder to help partner build offshore structures through technology transfer.
Martin Midstream places $300m on shelf Filing shows any cash raised will fund buys and help trim debt.
Yang Ming slumps to $112m Q1 loss Operating costs rise above revenue for Taiwanese container line.
CSSC denies double VLCC deal Chinese owner was said to have spent around $50m on second hand tankers in a couple of weeks.
CSSC tipped for double VLCC purchase Chinese owner said to have spent around $50m on second hand tankers in a couple of weeks.
Tankerska founder Pasa dies aged 90 Tributes paid to Croatian maritime legend in home city of Zadar.
LSC launches 'turnaround project' after loss Philippines boxship owner tries to immediately react to first quarter's negative bottom line.
Fincantieri scrapes into profit for first quarter Italian shipbuilding group says it has left crisis behind with "solid" result.
Libyan factions agree export deal for tankers Shipments to resume from Marsa El-Hariga after Viennese talks.
Krasnoye Sormovo's Q1 earnings cut back Russian shipbuilder increases revenue, but bottom line weaker.
K Line cuts Moody's in wake of downgrade Japanese owner ends coverage with ratings agency after fallout.
K Lline kicks out Moody's
Diamantides tied to cape amid price upturn Marmaras said to have added modern capesize in latest transaction to show improving asset values.
Pemex terminates Aban's rig contract Indian owner becomes latest casualty of Mexican oil company's cost reduction scheme.
Owners 'offered shares for HMM rate cuts' Korean owner's creditors prepared to give counterparties stock in exchange for fee reduction.
Sonatrach inks LPG order in China Subsidiary Hyproc picks Jiangnan for $40m contract including option.
Bourbon's gas dash hits finance hurdle Offshore owner fails to secure cash for $320m takeover of Jacques de Chateauvieux's gas carrier company Jaccar.
Epic sees better start to 2016, but still ends in the red Move to larger vessels looks to be paying off for LPG specialist as rates for small ships continue slide.
Vallianz secures more charter coverage in Middle East Singapore offshore vessel operator's order back log hits record $1.2bn with multi-ship deal.
Master asked to sail below stability mark TOTE Maritime executive requested more cargo than stability margin called for, but master says there was no pressure.
Bunker supplier Gulf Petrochem awarded stay of execution in cargo payment case On condition that bond is paid within 14 days.
Crude futures reach six-month highs after Goldman forecasts $50/b "The physical rebalancing of the oil market has finally started," Goldman Sachs said in a research note.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
