MR tanker earnings in Atlantic trades down nearly 20% US Gulf-northwest Europe TCE now in negative territory, according to Baltic Exchange
Aronnax: Embracing the tree huggers Dirty ships make good stories. The shipping industry has to live with this new age of awareness and embrace it.
What can we learn from Five Stars Fujian? Shipping registries that boast of high-quality members should select their vessels more carefully
China's iron ore imports support cape rates amid volatile trading Arrow Research predicts Chinese iron ore imports to hit 1bn tonnes this year
On a 'need to know' basis Herbjorn Hansson applies different disclosure standards on buying and selling company stock
US dockers' union pushes for resolution before negotiation Employers must address disputed east and Gulf coast issues before contract extension negotiations can move ahead
USCG issues safety warning on autopilot systems Warning points to need for increased navigator awareness of autopilot limitations and awareness of international rules
Cosco International pulled down by newbuilding delivery delays Only two newbuildings traded by the company were delivered in the first half
DP World profits up 48% New domestic and North American acquisitions bolster earnings amid a 'challenging trade environment'
Singapore maritime industry awards $1.5m in scholarships More than $5m in MaritimeONE scholarships have been awarded to 275 students in total since 2007
Five Stars Fujian edges closer to release Supplies for onward journey expected by August 19
'Fourth-quarter bounce' ahead for capesize and panamax bulker rates But slim opportunities for geared vessels with fundamentals weakened by strong vessel deliveries in the coming months, analyst says
Sinopacific Offshore & Engineering goes bust Court has approved creditors' application for bankruptcy liquidation
Seaspan to raise more funds through preferred share offering ICBC International will underwrite the share sale
Belships sees second-quarter net profit recovery Result is boosted by a lack of vessel impairment losses during the period
MMHE establishes joint venture to boost shiprepair business EPIC will take the remaining 30% stake in venture at yard in West Malaysia
Teekay unit inks $100m share deal with Citi Citigroup will buy New York-listed Teekay Offshore stock, or sell it to third parties, in market or block transactions.
Teekay Offshore surges 12% after upgrade Teekay spinoff's New York-listed shares skyrocket after RBC hiked its rating to 'outperform'.
Suezmax earnings sink below $1,000 per day Baltic still estimates negative earnings in Black Sea as rumours swirl of WS 32.5 fixture on West Africa run.
Ineos readies for US Gulf ethane port call A multigas ship that made earlier transit was rerouted as new facility not quite ready.
DSME aiming to raise cash in share sale South Korean shipbuilder confirms plans to raise capital amid threat of de-listing.
Credit Suisse: ship orders to limp along Analyst says shipyards' best efforts have been unable to trigger order upturn.
USCG detained Caribbean Fantasy last year Baja Ferries-owned car ferry that caught fire also notched up 127 deficiencies from USCG
Team Tankers in 'consolidation' talks Chief executive Hans Feringa eyeing possible mergers, tanker acquisitions or segment sales.
Hong Kong to help abandoned crew City-state's shipowners' association wants to assist seafarers of stranded capesize.
Grupo TMM one step closer to merger Shareholders in Mexican owner will decide on 31 August over the transfer of assets to holding company.
Maersk Supply swallows single pill Chief executive says sales and job losses reflect single move to address weak market, independent of AP Moller's strategic review.
Awilco LNG warns of loss on double sale Oslo-listed owner says disposal of laid-up pair will impact its 2016 accounts.
Navios Acquisition two cents short of Street Angeliki Frangou-led tanker owner remains in the black in the second quarter.
DFDS ups payout and starts fresh buyback Strong second quarter results help Danish ferry and ro-ro owner increase returns to shareholders.
Otto files to wind up ex-partner Hoe Leong Singaporean offshore vessel owner claims outstanding debt of nearly $1m.
Havila wins bond breathing space Nordic Trustee stretches end date to 30 August 2017 but says this is done for "purely practical reasons".
Boskalis in 'inevitable' profit decline Dutch dredging giant makes less in the first half as it prepares to implement job reduction scheme.
Vard adds module carriers worth $70m Kazakhstan's national shipping company pens trio of vessels at Romanian yard.
Maersk Supply axing 400 in fleet cull Chief executive Jorn Madsen says the changes are regrettable but necessary.
Mitsui OSK Lines adjusts 2020 LNG vision Senior executive at Japanese giant says the company is aiming for 100 LNG vessels rather than 120 by 2020.
Deep Sea Supply mulls more lay ups John Fredriksen's company plans to remove more ships from the market as it posts bigger loss.
Team Tankers ends second quarter in the red Oslo-listed chemical tanker specialist hurt by higher costs and weaker market rates.
DP World sees results surge in first six months Dubai terminal operator helped by acquisitions of Jebel Ali Free Zone and Canada's Prince Rupert.
Mutiny not hijacking behind tanker disappearance Indonesian authorities say Vier Harmoni's crew took over ship due to dispute with employer.
Singapore shipping hands out SGD 2m in grants Tie-up between government and industry aims to help groom the next generation of manpower.
Seaspan launches preferred shares sale New York-listed containership owner launching another fundraiser, this time backed by China's ICBC.
Seaspan in ICBC-backed preferred shares sale New York-listed containership owner launching another fundraiser to spend on GCI acquisition.
Blue Cut Fire disrupts rail service to ports of Los Angeles and Long Beach The so-called "Blue Cut Fire" in Southern California is disrupting BNSF and Union Pacific rail traffic, including intermodal traffic moving...
SCPA kicks off FY 2017 with record July box volumes The South Carolina Ports Authority (SCPA)ended fiscal year 2016 on a strong financial note and kicked off fiscal year 2017 with a July reco...
Virgin Atlantic to boost cargo capacity with new planes Virgin Atlantic last month ordered 12 Airbus A350-1000 passenger planes, whichwill also provide more cargo capacity, the airline said. The...
Special Coverage: U.S. lawmakers say with new technology, it's time to inspect all inbound containers International shippers and freight transportation providers can be forgiven for assuming that the 2007 U.S. congressional mandate to scan e...
Del Monte re-ups with Port Manatee Del Monte Fresh Produce N.A. Inc. has signed a lease extension with Port Manatee through Aug. 31, 2021, the Central Florida Gulf Coast port...
WTO says Russian import duties violated the organization's rules The World Trade Organization (WTO) confirmed last Friday that Russian import duties on paper, refrigerators and palm oil exceeded the amoun...
Houston port commission increases dredge funding The Port Commission of the Port of Houston Authority in a special meeting held yesterday approved a $1.5 million increase in funding for th...
MOL rebrands two regional subsidiaries Mitsui O.S.K. Lines, Ltd. has rebranded two of its wholly-owned subsidiaries an effort to unify its marketing efforts and improve customer ...
FRA: PTC status update underscores need for continued funding The Federal Railroad Administration (FRA) released a status update yesterday on implementation of Positive Train Control (PTC), highlightin...
FTR: Truck trailer orders fall short of expectations in July United States truck trailer net orders totaled 9,500 units in July 2016, falling short of already low seasonal expectations for the month, ...
DP World grows earnings over 50% in first half 2016 DP World in the first half of 2016 grew profits attributable to owners of the company 50.2 percent to $608 million compared with the same 2...
Lineage Logistics acquires food service supply chain solutions company Irvine, Calif.-based temperature-controlled warehousing and logistics company Lineage Logistics, LLC has acquired Consolidated Distribution...
Crowley launches new Florida-Costa Rica loop Crowley Maritime said Wednesday it has launched a weekly, fixed-day container shipping service between Jacksonville, Fla.and Costa Rica. "...
Meritex buys CLT Logistics Center for $46.25m Minneapolis-based real estate investment company Meritex purchased CLT Logistics Center last Wednesday for $46.25 million, according to CBR...
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