Zim restructures mainline services Israeli carrier responds to alliance absence with a major overhaul of its network
Handysize bulkers continue firm streak Segment currently outperforms capes and panamaxes
Torm secures $130m finance term sheet Tanker owner has raised $160m in the foruth quarter of 2016
Ex-London Gateway chief joins DCT Gdansk Cameron Thorpe replaces the departing Maciek Kwiatkowski as the Polish container terminals' new chief executive
Hutchison Ports gets deals in Ukraine and Hong Kong Global port operator enters terminal co-management deal with Cosco Shipping for 16 berths in Kwai Tsing
A wintry outlook for shipping A closer relationship between shipowners and cargo interests is essential
Has a shocking new low just been set for VLCC values? Sale price drops by nearly 25% to $60m for a 2016-built VLCC
Pilbara Ports Authority extends price freeze Port shipping charges remain at July 2014 levels
Vale iron ore project to boost dry bulk tonne-miles Opening of new mine could increase iron ore shipments from Brazil to Asian countries
Japan faces newbuilding export crisis with orders down 83% on year November deals consist of three bulk carriers and two tankers
CSSC units enter arbitration with foreign owners over newbuildings Waigaoqiao Shipbuilding and Chengxi Shipyard are involved in the disputes
Dorian LPG renews 'poison pill' plan Shareholder rights plan to discourage hostile takeovers
Gulf Navigation enters alliance with Mena Energy Partnership to involve chartering out of tankers to transport crude and oil products
Angelicoussis returns to DSME for first Maran Gas FSRU deal Vessel scheduled for delivery in the first half of 2020. Deal includes options for two more liquefied natural gas carriers
SHI fails to win new orders in November Order backlog at end-November was 93 vessels worth $27.7bn, compared with $35.4bn for the whole of 2015
Port of LA wins $5.8m state grant for emissions reduction project Port authorities are collaborating with Everport Terminal Services to test low-emission off-road tractors
MSC boxship collides with fishing vessel off Peru Five reported dead, 12 rescued and six still missing
ZIM to consolidate two Pacific Northwest loops With the four major container liner shipping alliances restructuring next spring into three major East-West alliances, ZIM has announced pl...
Report: Court orders C.R. England to pay drivers $2.35m in latest labor suit A federal district court in Utah has ordered Salt Lake City-based trucking carrier C.R. England to pay former drivers $2.35 million in back...
Maersk Line to scrap eight vessels Maersk said it will scrap eight, 4,360-TEU Panamax ships currently deployed on its TP 10 and TP 18 services. The ships are the SL Lightnin...
MSC mega-ship collides with fishing boat off Peru A Mediterranean Shipping Co. (MSC) containership collided with an Ecuadorian fishing vessel in international waters off the coast of Peru e...
BWR: Average vessel size for major shipping passages Source: BlueWater Reporting Data from BlueWater Reporting 's Capacity Report illustrates the average size for containerships transiting thr...
North American freight market falls back into negative territory The North American freight market slipped back into negative territory in November 2016 after stemming a 20-month free fall the previous mo...
Ukraine sees 2017 Russian oil transit to Europe plunging 27.5% on year Ukraine's main oil transit route, the 25 million mt/year Druzhba oil pipeline, handles all export supplies of Russian crude to the European Union via Ukraine.
USGC distillate exports to Europe at 940,000 mt in Dec to date Six new fixtures appeared on the trans-Atlantic route since the most recent estimate was published last week, bringing the number of vessels to discharge in December to 21.
External: Praxis Energy Agents S.A
Japan's shippers conclude Q1 Singapore term bunker talks Term discussions for Q1, 2017 took longer than expected, with MOL heard to have been engaged in several rounds of talks with term suppliers for 380 CST bunker fuel.
External: Wired Bunkering
External: Global Risk Management
Algeria to launch oil licensing round in 2017: Alnaft
FUTURES 2: Crude higher on confidence over compliance with cuts
FUEL FOR THOUGHT: Has tight oil put 'peak oil' to rest? Not so fast Despite only a passing mention of the potential for US oil shales -- which at that time were producing only small volumes -- that call in the IEA's flagship long-term outlook proved largely prophetic.
TENDER DATA: South Korea's EWP buys 50,000 mt HSFO for Jan 1-5 delivery
FUTURES: Oil remains upbeat on imminent production cuts
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