Vessel oversupply pushes VLCC earnings below $20,000 per day Some six very large crude carriers added to list of those competing for Middle East cargoes over next four weeks
Baltic Exchange sale to SGX could complete in November It has taken months to solicit support from Baltic shareholders, but the deal is now one step closer to being finalised
Handysize bulker earnings rise to 11-month high Minor bulk and coal trades contribute to further weekly gains
High boxship load factors fail to lift freight rates Shippers and forwarders benefit from predatory pricing by container lines
NordLB signs $1.5bn shipping securitisation deal Deal with KKR and unnamed wealth fund covers 100 vessels and will bolster bank's balance sheet
Misdeclared cargo causing one-third of incidents on boxships Calcium hypochlorite misnaming is still a major issue, says UK P&I Club risk assessor
KDB mulls short-term loan to DSME Loan is likely to help shipbuilder repay its corporate debt maturing in September
Cosco Shipping orders four asphalt carriers at Chengxi Shipyard Vessels are scheduled for delivery starting in 2018
LNG vessel rates raise hopes amid wider tanker rout Short-term imbalances and rising shipments boost LNG rates to $40,000 per day
Otto Marine files court application to have Hoe Leong Corp wound up over debt Hoe Leong has enough resources to pay the sum claimed, say directors
Singapore unveils incentives to encourage sustainability reporting Funding for the first 10 approved applications will take place on a reimbursement basis
New Indonesian box terminal starts operations New Priok Container Terminal One's latest facility will be able to handle 1.5m teu annually
Sembcorp Marine buys LMG Marin for $20m Group is looking to ramp up expertise in vessel design and engineering
Otto shareholders to weigh takeover bid Singapore-listed offshore vessel owner sets 14 September for vote on offer from executive chairman Yaw Chee Siew.
Too broke to report, Mercator gets SGX OK Approval comes after shipowner said it did not have enough cash to prepare financials.
SGX OKs Mercator annual report delay Approval comes after shipowner said it was too broke to prepare financials.
BP Shipping said to be selling four tankers Move not part of any grand strategy, but more like clearing out old tonnage.
VLCCs tick down as cargo splitting in view Spot earnings slide for third straight day; Clarksons Platou expects VLCC charterers to take advantage of low suezmax rates.
CSDC ups its stake in joint tanker venture Tanker unit of Chinese shipping giant Coscocs takes majority stake in clean tanker unit.
Primorsk takes $69.2m impairment pill Bankruptcy shipowning arm of Prisco delivers $67.5m loss in July after charge.
Hansson takes NAT spend past $2m Chief executive tops up on stock for third time in a week after hitting back at blogger.
TI chartering chief Ron Golding dies Tankers International loses well-respected face of VLCC sector just months before his retirement
Fire extinguished on Caribbean Fantasy Ropax now safely moored in San Juan Harbor after blaze, grounding and evacuation of passengers and crew.
Ship Finance dividend safe, Seaport says Magnus Fyhr begins coverage of Fredriksen-backed owner with a neutral rating.
UK Club warns over mis-declared cargo Insurer says 27% of incidents on ships related to inaccuracies over labelling.
SGX bid for Baltic wins 'significant support' Almost three quarters of shareholders have given their irrevocable backing to SGX offer.
Containerships closes on EU funding for LNG ships Finnish owner says order for four dual-fuel vessels has been recommended for European financing.
KKR snaps up $1.5bn of NordLB loans Private equity fund buys debt covering 100 ships from bank.
Kogas to order LNG carrier duo State-run Korean importer to boost struggling domestic shipyards with new contract.
JMU tipped to secure trio of VLCCs Japanese owners believed to have placed the contracts at compatriot yard.
Class society RS wins Palmali fleet deal Russian company to class more than half of Turkish tanker owner's ships.
Nigerian hope for winter tanker market Credit-Suisse points to growing demand as Nigerian capacity comes back online.
Odfjell tanker refloated in Australia Bow Singapore grounded on sandbar after steering system failure.
Seadrill contract cut not a restructuring game-changer SEB analyst explains Pemex move is another data-point in a market where a firm contract is not firm.
Capital erosion a threat for DSME? Struggling Korean shipbuilder could need fresh capital in order to avoid possible delisting danger.
Essar's Sharma takes top job at SCI India appoints private sector executive as new boss of state owner.
Pareto raises BW LPG as takeover talk swirls Market leader expected to grow giant footprint after classic tale of boom and bust for VLGC market.
Fred Olsen and HHI end rig dispute Norwegian owner and South Korean shipbuilder reach amicable agreement over newbuilding contract.
Indian crew to fight shock tax ruling Unions opposing decision by tribunal to tax 1.3m domestic seafarers on foreign ships.
Navix expands fleet with ship from Arne Blystad Mats Andersson-led firm plans to trade latest addition in North West Europe from end of August.
Deutsche Bank turns more positive on crude tankers Analyst says reduced ordering and more scrapping to have "profound positive effect" from 2018 onwards.
Bulk of pollutants removed from Transocean Winner Government gives go-ahead for semi-submersible to be refloated on Monday's high water.
Perisai Petroleum Teknologi seeks bond talks Malaysian offshore vessel company also announces extension to FPSO maintenance contract.
Special Coverage: Container shipping industry likely faces tough times ahead Barzan is one of six 18,800 TEU containerships delivered to United Arab Shipping Co. during 2015 and 2016 Source: United Arab Shipping Compa...
Amazon to build 13th U.K. fulfillment center in Essex Amazon.com, Inc. has confirmed plans to build its 13th United Kingdom warehouse and distribution center in Tilbury, Essex, scheduled to ope...
Port of Vancouver volumes decline in first half 2016 Total cargo volumes at the Port of Vancouver in Western Canada for the first half of 2016 fell 5.9 percent to 66.0 million metric tons comp...
Commentary: Is transit time still a service differentiator? Whether you're talking about third party logistics services providers or carriers, one thing that comes up regularly in the great rate deba...
No end in sight for intermodal rate decline Intermodal rates fell another 2.4 percent in July 2016 compared to the same month last year, according to the latest Cass Intermodal Price ...
Baltic Exchange agrees to be acquired by Singapore Exchange The Singapore Exchange (SGX) and Baltic Exchange said they have agreed on the terms for the acquisition of the Baltic by SGX in a deal wort...
Truckload rates fall for fifth straight month in July Truckload rates fell another 1.6 percent in July 2016 compared with the previous year, the fifth consecutive month of year-over-year declin...
AAR continues to rail against two-person crew rule The Association of American Railroads has submitted comments to the Federal Railroad Administration once again urging the administration to...
GRI Roundup: CMA CGM, Hapag-Lloyd, OOCL and MOL Ocean carriers CMA CGM, Hapag-Lloyd, OOCL and MOL announced general rate increases. CMA CGM will increase rates from Asia to Panama, Cuba ...
JAXPORT takes delivery of new cranes for bigger ships Three new super post-Panamax cranes arriving at JAXPORT from China Source: JAXPORT JAXPORT on Friday took delivery of three super post-Pana...
Former Norfolk Southern exec to lead Amtrak Charles "Wick" Moorman Amtrak on Friday announced that former freight railroad executive Charles "Wick" Moorman will head the U.S. governmen...
California woman sentenced for illicit exports to China The Justice Department on Friday said Wenxia "Wency" Man of San Diego was sentenced to 50 months in jail for conspiring to export and cause...
New U.S.-Mexico air transport agreement enters force A new air transport agreement reached between the United States and Mexico entered force on Sunday. The agreement was signed between the t...
FAA fines food shipper for illicit hazmat cargo The U.S. Transportation Department's Federal Aviation Administration (FAA) has proposed a $54,000 civil penalty against Gordon Food Service...
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