Magical evening for the Lloyd's List Asia Awards Singapore's shipping community was out in force at the Shangri-La Hotel
Maersk returns to Iran after five-year hiatus Danish line joins growing list of carriers to return to the Middle East country upon the easing of sanctions
Antwerp sees 3.3% rise in freight volumes Liquid bulk and containers up as dry bulk cargo continues to fall
Hanjin Shipping in talks to sell Total Terminals International to MSC MSC currently owns the remaining 46% stake in TTI through Terminal Investment Ltd
Liberia renews push for ballast water convention delay beyond 2020 Registry warns of BWM system shortages and calls for more time for shipowners to avoid installing expensive and ultimately lacking technologies
Batten down the hatches, VLGCs are in for a rough 2017 Real improvement for VLGCs not expected until spring 2018 at earliest, forecasts Avance Gas chief
Australia braced for MARS landing New biosecurity clearance system to be rolled out across country's ports
Korean tax authorities investigate DSME Tax officials take accounting documents from shipbuilder's Seoul headquarters
'Taxi ride' ocean rates unsustainable, says Trefzger Kuehne+Nagel chief executive calls for owners to scrap ships 'more actively and to a broader extent' to reduce overcapacity
'We're not naturally good at knowing what is a commercial opportunity' - Sir Alan MCA chief executive says new non-executive role will drive through commercialisation of flag
Avic International Maritime to restructure ship design unit Corporate streamlining measures required for Chinese stated-owned companies
European groups support call for sustainable ship recycling incentives Incentive to encourage compliance with environmental and social standards aimed at improving shipbreaking conditions
Triyards continues to secure new contracts despite drop in net profit But revenue gains offset by impairment provisions, losses on fixed assets disposals and lack of negative goodwill
Canada LPG export terminal decision nears Operator says it will go ahead with plant to supply terminal, and permitting secured.
OSG board approves split; International Seaways to emerge New York tanker owner takes next step to spin off international-flag fleet as separate company.
Teekay charters in afra, charters out LR2 New York-listed tanker owner said to bring in an aframax crude tanker for a year while chartering out similar size ship.
Ridgebury fixes out VLCC on time charter Bob Burke-led owner understood to have secured coverage for one of its four VLs.
WesternGeco sees uptick in North Sea Schlumberger-owned seismic survey outfit garners new work for vessels with Statoil and Lundin Norway contracts.
Chile's Copec adding tanker duo Bunker group bringing in newbuilding and chartered ship to boost southern operations.
Tomini extends 2016 bulker buying spree Shipowner believed to be the buyer of Golden Union supramax.
Great Eastern buys mystery supramax Indian owner continues 2016 acquisition effort with addition of seven-year-old bulker.
Crewman dies on idled HSH bulker Ukrainian killed in fall on former Sobelmar handysize off UK.
Pakistan extends owners' tax holiday Government wants to encourage private investment in the industry.
EMGS amends deal for Atlantic Guardian Oslo-listed company extends the charter of North Sea Commander-owned ship at a reduced rate.
Fesco profit falls in first eight months Restructuring Russian owner reveals drop in revenue and container volumes from January to August.
Swissco may face action after missing coupon Bond trustee reserves its rights as Singapore owner fails to pay interest.
USC targets Argentinian newbuildings Russian state shipbuilding group eyes opportunities in South America.
GasLog Partners tipped for dropdown Analysts believe parent will sell modern ship to MLP on heels of Centrica contract.
Yara International profit crashes back Norwegian LPGC owner hit by global fertiliser prices in third quarter.
Avic International in Deltamarin shuffle
MSC could buy Hanjin's Long Beach terminal Swiss line in talks to acquire US assets from its bankrupt partner.
Crew kidnapped from Korean ship in Philippines Militant group Abu Sayyaf suspected of raid on heavy-lift vessel.
STX Offshore seeks US bankruptcy shield South Korean shipbuilder has filed Chapter 15 papers in Texas to protect assets.
Evergreen teams up on Australian run Taiwanese line cooperating with OOCL, MOL, NYK and Yang Ming on new loop from Asia.
Avance Gas completes $55m issue and goes for more Oslo-listed VLGC player launches subsequent offering worth another $5m as it clinches bank deal.
Thoresen Shipping offloads elderly bulker Thai-based shipowner says ship had become uncompetitive and was unable to earn its keep.
Triyards sees fourth quarter profit collapse A spate of small new orders fails to hide financial hurt at Singapore-listed shipyard group.
Hanjin tears up Seaspan charter Court records show Seaspan Efficiency returned to New York-listed owner as COO says company 'out of Hanjin'.
Oceanteam starts restructuring effort Oslo-listed offshore vessel owner in 'constructive dialogue' with banks and will start talks with bondholders.
STX files for U.S. bankruptcy protection STX Offshore & Shipbuilding Co. has filed for bankruptcy protection in the United States as part of an overall restructuring process in...
Werner earnings decline continues in Q3 Werner Enterprises, Inc. saw its earnings continue to tumble in third quarter 2016 as net income dropped 41 percent to $18.9 million compar...
SCFI barely moves from last week The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) ticked up 2.3 percent from last Friday's reading of 776.93 to ...
G&W Australia acquires Glencore Rail for $856m Genesee & Wyoming Australia (GWA) has agreed to purchase Glencore Rail for $1.14 billion Australian (U.S. $856 million), the company sa...
DHL Express opens $100m hub in Singapore DHL Express opened a new $1.14 billion Singapore (U.S. $100.3 million) hub in Singapore earlier this week, the company said in a statement....
Marten Transport reports Q3, first nine-month results Marten Transport, Ltd. reported a net income of $8.44 million for the third quarter of 2016, a slight increase from a net income of $8.41 m...
Port of Antwerp posts increase in tonnage Container volumes at the Port of Antwerpticked up4 percent through the first three quarters of 2016 to 7.6 million TEUs compared to the sam...
Domestic maritime industry honors Sen. Ayotte The American Maritime Partnership has honored Sen. Kelly Ayotte, R-N.H., for her efforts to support the domestic maritime industry. On Thu...
Judge Sherwood denies Ashley Furniture's request to freeze payments it owes Hanjin Judge John K. Sherwood of the U.S. Bankruptcy Court in Newark, N.J. denied a request by Ashley Furniture Industries Thursday afternoonto al...
DOT releases $1m for storm damaged roads in S.C. The U.S. Transportation Department's Federal Highway Administration on Thursday released $1 million in emergency relief funds to help start...
Former SAP VP indicted for money laundering The U.S. Justice Department said a former global vice president of SAP and two others were charged in a federal indictment Thursday for the...
Executive Moves: MatchBack Systems and Graybar MatchBack Systems has appointed Joris van de Kant commercial account manager, based at the company's European headquarters in Rotterdam. Pr...
Maersk Line resumes service to Iran Maersk Line said it has resumed service to Iran after a five-year absence and just a year and a half after a ship in one of its container s...
NEWS FLASH: Judge denies Ashley Furniture's request to freeze payments it owes Hanjin Judge John K. Sherwood of the U.S. Bankruptcy Court in Newark, N.J. denied a request by Ashley Furniture Industries Thursday afternoonto al...
Open arbitrage of Ekofisk sees charterers secure multiple options on Aframaxes The British Cygnet Aframax was on subjects with Statoil for an 80,000 mt stem with October 30 loading from the North Sea to the UK Continent, West Coast Sweden and Whitegate, Ireland.
Venezuela El Palito refinery to stay shut until December: source The work started April 11 and was slated to last 72 days, according to Venezuelan media reports.
TANKERS: Caribbean Aframax rates drop as tonnage overhang looms "A lot of the rise last week was because we had fixtures done on top of fixtures all at once and that created a void," an Aframax shipbroker said.
Panama bunker prices rise to 14-month high as supplies tighten "I've never seen this market so dry," said one market participant in Panama, "Product that we were expecting this week has been delayed to the end of the month."
Crude futures edge higher, but wider contango suggests weakness Even though crude futures rose Friday, their timespreads weakened. NYMEX crude's December/December 2017 spread widened 29 cents to minus $3.79/b.
Scrubber demand could surge on 2020 global sulfur cap: association The economics of using scrubbers will become more favorable after the global sulfur cap
External: Wired Bunkering
TENDER DATA: Rosneft offers HSFO from Ufa for 2016-2017
FACTBOX: Winners and losers from a 0.5% IMO bunker sulfur limit What to expect after next week's IMO meeting
TRADER NOTE: Former Total Trading Asia fuel oil trader joins BP Singapore
Rotterdam bunker sales lost 9.4% in third quarter Total sales dropped to 2.42 million cu m in Q3 from 2.67 million cu m a year earlier
FUTURES: Crude dips in Asia trade ahead of OPEC meeting end-Oct
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