Euromar aims to conquer Greek market for soaring Portuguese flag EU tonnage tax pressure on Athens and general backlash against offshore business seen as boosting MAR's momentum
Diana gets refund for axed newbuilding Shipyards bowing to pressure amid the worst dry bulk market in history
Navios tops Vale in contract dispute London court sided with Navios over 20-year contract with Vale in Uruguay
Will free ports help a post-Brexit UK? Conservative MP touts free ports as industry insiders weigh the suitability of the idea for the UK
Valparaiso Express largest neo-panamax to transit Panama Canal Transit ushers new era of 10,500 teu-plus containerships transiting through expanded waterway
Baltic's LPG index breaks $30 mark after sudden rush of pre-holidays bookings The worst for VLGC markets might be officially over
GasLog jumps on FSRU project in Greece Company locks down sale and purchase agreement for terminal expected to be up and running in 2019
Perri jumps ship to Economou's gas outfit Hiring of Robert Perri could signal a public listing for TMS Cardiff Gas
APM Terminals agrees Pentalver divestment Genesee & Wyoming subsidiary to expand its UK maritime container logistics capabilities with $110m 'complementary' acquisition
K Line files lawsuit against APL Logistics The Japanese carrier said its reputation has been significantly impacted by a previous incident
KDB sets up $416m fund to aid Korean shipping firms Fund to invest in new or secondhand vessels owned by medium-sized Korean shipping firms
HHI clinches order for a pair of frigates from Korean authorities Contract for the two vessels is worth about $583m
NAT expects fourth-quarter results to top previous quarter's Group has about 75% of available days in the fourth quarter of the year covered
13 more ports sign up for UNCTAD port data project Participants now include 42 ports from Africa, Asia, Latin America and Europe
Long Beach port commissioners mull MSC offer for TTI Deal could help garner enough business to replace cargo volumes at Pier T that were hit by Hanjin's receivership
Singapore MPA increases safety at sea efforts during festive season Briefings started in 2014 after three collisions
Matson raises $75m in private bond placement Proceeds to be used to pay off the loan on its revolving credit facility
Maintaining standards While modern vessels are often scrapped after short service, old stalwarts prove that spending money and time on maintenance is not wasted
Matson adds Okinawa to transpacific loop Matson, Inc. said it has began calling the Port of Naha, Okinawa and dropped a call to Xiamen, China on its China-Long Beach Express (CLX) ...
POLB Harbor Commissioners approve TTI sale The Port of Long Beach Harbor Commissioners approved the sale of Hanjin Shipping's 54 percent stake in Total Terminals International (TTI)t...
Containership scrapping nears 700,000-TEU mark in 2016 Containership scrapping continues its breakneck pace in 2016 and looks likely to break the 700,000-TEU mark before year's end, according to...
U.S. investigates EU's continued ban on beef imports The White House said it will investigate the European Unions continued ban on U.S. beef imports, which it concludes is not based on "sound ...
Commentary: Aligning corporate and warehousing strategies Recently, as I was having my morning cup of coffee and scanning my daily news briefing headlines, I was struck by a glaring error that many...
FedEx stock slides after earnings miss Stock in FedEx Corp. slipped yesterday following an earnings miss for its second fiscal quarter of 2017, which ended Nov. 30. The Memphis,...
GPA posts boost in November box volumes The Port of Savannah handled 300,671 TEUs in November, the Georgia Ports Authority (GPA) said. Of that amount,
OUTLOOK 2017: All eyes turn toward planned cuts to crude production While production cuts mark a change from established policy among crude producers across the Atlantic Basin and the Middle East, they follow in the wake of a year that saw healthy production and sellers looking further and further afield for crude buyers.
REFINERY NEWS: Hydrocracker returns at Valero Meraux: trade High-sulfur vacuum gasoil, which is fed through hydrocrackers and similar refinery units to make ULSD, drew tighter to low-sulfur VGO on the news.
OUTLOOK 2017: European bunker suppliers face more pressure on margins 2017 will see pressure on bunker suppliers' margins from both ends, against a shifting political and economic landscape
RUSSIA DATA: Nov fuel oil exports down 11.5% on year to 3.7 mil mt While exports and domestic deliveries continued to follow a downside trend on an annual basis, the monthly volumes rose partly tracking the higher November output.
External: Wired Bunkering
Grimaldi orders scrubbers to meet new marine sulfur cap The International Maritime Organization decided in October to cut the global marine sulfur emission limit from 3.5% to 0.5% from the start of 2020
FUTURES 2: Crude trades sideways on year end lull
Strong PG-East freight rates lift short-haul ESPO Blend crude spot premiums ESPO Blend crude for February loading was heard this week to have traded at premiums of between $3.50/b and $3.80/b to Platts front-month Dubai crude assessments on a FOB basis.
FUTURES: Crude pares losses after surprise build in US crude stocks
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