Modest growth for US ports in 2016, says Fitch Economic uncertainties restrict growth outlook due to lower exports and energy investment in the first half of 2016
Progress and progression As the 2015 Manpower Report reveals an ever-increasing shortage of officers, is shipping preparing itself to meet its own future demand for people?
Accepting no limits Anglo Eastern's Maritime Academy is intensifying its efforts in producing competent seafarers in India
Panamax bulker earnings near $7,000 per day Chinese coal demand supports rates, but downwards correction expected
India's oil thirst buoys tankers Nation plans another 91m barrels of Special Petroleum Reserve capacity to be added by 2020
Wärtsilä profit slips as shipbuilding activity remains low Cruise and ferry a bright spot in otherwise gloomy marine sector
Almi debunks reports of VLCC orders 'Not a good time' to order big tankers, says Greek owner
2M to become 3M Seismic shifts continue as HMM joins the 2M alliance
Anglo American ramps up Brazil iron ore production South African volumes continue to decline
NYK continues to seek solace outside of traditional shipping Japanese company starts oil output from FPSO off Brazil, as diversification is the watchword
China Railway to take stake in Qinhuangdao Port unit Move will help finance port railway project
Mixed fortunes for logistics operators Kuehne+Nagel sees some growth as Panalpina remains flat
Vetting gets owners hot under the collar 'Why do we have to pay?' asks one disgruntled owner who forks out $1m a year for inspections
Asian sea robbery incidents down 64% in first half of 2016 But incidents relating to the kidnapping of crew on vessels remain a cause for concern
HMM could get new chief executive after creditors become largest shareholders Korea Development Bank says committee will be formed to recommend an appointment
CSCL and China Cosco receive subsidies to renew fleet Companies classify their respective subsidies as non-operating income
Matson unit acquires Span Alaska for $197.6m in cash Earnings-accretive acquisition expands Matson Logistics' freight forwarding platform in the largest US state
OSG picks SeaChange's Norton for US-flag CEO As it prepares to split in two, tanker owner hires from board to lead domestic shipping business.
Helix boss details Petrobras rate cut Brazilian oil company's reduction of earnings on well-intervention vessel amounts to $5m per year.
Hapag-Lloyd leverage rises with UASC combo Containership line sees credit outlook downgraded as it faces higher debt in UASC deal.
Vard Holdings feels heat of offshore crash Vard Brevik staff 'temporarily' laid off, while gates are bolted in Brazil and Rem struggles impact bottom line.
Fincantieri's core first-half profit sinks Italian shipbuilder delivers result of EUR 7m as revenue moves higher.
CSCL banks $36m scrapping subsidy Chinese company's 2016 accounts boosted by state scheme to reward ship recycling.
Almi linked to VLCCs order at Hyundai Sliding prices look to have tempted Costas Fostiropoulos-led owner to resume its newbuilding programme with a deal for a pair of big tankers at the South Korean yard
Michael Sallas resigns from Piraeus Bank Chairman of Greece's top shipping lender steps down after 25 years.
Hoegh Autoliners surges back into profit Norwegian car carrier group turns around big loss in 2014 through volume increase last year.
Dogus Group moves for Croatian shipyard Turkish investor aiming to build presence in shiprepair and shipbuilding sector.
Keppel Singmarine wins $73.6m dredger order Singaporean shipbuilder turns to non-oil related projects as it clinches deal with Jan De Nul.
Abu Sayyaf takes tug crew hostage Islamist militant group captures five Malaysians and reportedly asks for $5m ransom.
Panama Papers: Nordea blocks 68 accounts Nordic lender's probe into work with Mossack Fonseca shows some files need further investigation.
Nordea loan losses hit $140m in Q2 Nordic lender lines up $9.25bn risk transfer to boost its capital ratio.
Brokers: New Tinos sale, no chance Reports of bumper VLCC sale by Adam Polemis brushed off.
Cigarette causes fire on Turkish ro-pax Blaze started in hay cargo on Mesudiye at Geliboglu.
Hyundai Heavy worker dies in fall Man plunges from scaffold at Korean company's Ulsan shipyard.
Coup will not block Bosphorus by-pass President says plans for new waterway remain in place.
Wartsila profit down in Q2 as sales drop Finnish ship power company makes less from April to June but manages to increase order intake.
Jo deal to jack up Stolt top line by a tenth Norne Securities crunches numbers on fleet deal as it launches coverage of the company.
Cruise division a bright spot for Bonheur Fred Olsen Cruise Lines books higher income but parent remains in the red.
Lloyd Fonds more than doubles profit Hamburg shipping asset manager expects sharp increase in annual earnings after strong six months.
Antwerp port signs MoU with Iran Belgian terminal to cooperate with boxship port of Bandar Abbas.
Nordea loan losses hit $140m in second quarter Nordic lender lines up $9.25bn risk transfer to boost its capital ratio.
Navig8 spinoff bags $66m loan to pay SPP Oslo OTC-listed shipowner's new cash to pay for two LR1 products tankers on order at SPP.
US DATA: EIA says US fuel oil stocks highest since May
Traders likely to fix LR2 tankers for storage by paying demurrage
TENDER DATA: Vitol best bidder in Bangladesh HSFO buy tender
Bunker prices soften at Russia's Novorossiisk amid high levels of supply
HSFO physical Med-North spread surges to 14-week high on tight Med market
FUTURES: Crude steady amid US crude stocks draw
TENDER DATA: S Korean EWP buys 50,000 mt HSFO for Jul 30-Aug 3 Award level is equivalent to premium around $6-$7/mt on a CFR basis.
Iran to sell crude to China's independent refiners via international trader Around 1.17 million b/d of the crude quota has been issued to the independent refinery sector.
Caribbean Aframax freight rates sag to eight-year low intraday, quickly rebound Seven fixtures reported and five tankers on subjects at close of business.
Crude futures inch down ahead of weekly US inventory data NYMEX August crude settled 59 cents lower at $44.65/b.
Despite talk of exports, USGC HSFO moves to discount to front-month swap The discount to the swap indicates a lack of export opportunities.
Second NWE to Singapore VLCC put on subjects for Aug HSFO: shipbrokers The Marbat VLCC was put on subject by Petroineos loading on August 3.
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