FMC stops clock on Ocean Alliance filing CMA CGM, Cosco, Evergreen and OOCL asked for more information before US agency prepared to give greenlight
KKR securitisation deal cures NordLB shipping headache, says Faak Deal likely to have been done at a discount, US sources suggest, as other banks invited to party
Gulf of Guinea sees most piracy cases in first half of 2016 Piracy risk in the Gulf of Guinea rises as Southeast Asia records year-on-year drop in security incidents
APL adds India-Pakistan-Europe route New service includes Southampton and Felixstowe
Merger talks expose UASC's weaknesses Hapag-Lloyd able to drive a hard bargain for overextended carrier
Container equipment prices plummet Weak demand trickles down to box makers
Lloyd's List expands news team New UK reporter to provide daily shipping coverage out of London
DSME delivers delayed Transocean drillship Vessel was originally scheduled for delivery on May 31, 2016
BG Freight Line orders new feederships Charters in vessels for Irish Sea operations
Cosco Shipping Ports reports weaker bottomline in first six months Terminal operator's first-half profit drops 23% to $105.9m excluding gains from sale of subsidiary
Sembmarine forks out $115m to acquire full control of PPL Shipyard Operator acquires the remaining 15% stake in rigbuilding yard that it does not own
Western Bulk blames Bulk Invest bankruptcy for second-quarter loss Olso-based dry bulk company also cites weak market as a reason for $11.4m net loss
Wells Fargo: Jones Act tanker rates falling Report points to weaker charter activity for tankers in the US coastwise trade.
Suezmax rates surge from 'depressed' levels Average time-charter equivalent estimate rises by $2,580 per day but remains low.
Avance Gas sees shares slide after miss Oslo-listed owner's stock drops after dividend cut and earnings miss.
Bulker crew members beaten by pirates IMB Piracy Reporting Centre says seven robbers boarded vessel off Conakry, Guinea, and made off with crew's cash and property.
Golden Ocean shifts $132m in payments Fredriksen's New York and Oslo-listed shipowner's newbuilding delay pushes capital outlay into next year.
Tanker rates taking more than seasonal hit, MSI says UK forecasting firm sees market fundamentals exacerbating summer slowness
UASC reveals $4bn debt ahead of merger Hapag-Lloyd publicises financial results of future partner, disclosing first half loss of $201m.
Oceanteam CFO exits after long sick leave Norwegian-Dutch offshore vessel owner says Torbjorn Skulstad will leave role that CEO has been filling since May.
Crew suffer burns in German cargoship blast Two seafarers sustain injuries while starting up composite boiler on chemical tanker.
ASL Marine takes hit from Swiber fall Singapore shipbuilder and offshore player makes provision for all the money owed by troubled rival.
Retrofits needed before transiting Panama Vessels built a few years ago will have to install new chocks and bollards to become compliant.
KDB could pump more money into STX Report claims state bank may add $53m to Korean shipyard's restructuring pot.
Loss deepens for Shih Wei Navigation Bulker blues hit Taiwanese owner as revenue declines.
India fines owner of sunken bulker $15m Delta Shipping hit with penalty for oil spill after Rak went down with coal cargo in 2011.
Primorsk lenders to recover $212m Prisco shipowning affiliate's new bankruptcy plan estimates at least 81% recovery for banks and private equity firm Oaktree.
Siem Shipping says goodbye to Oslo Bors Reefer owner applies to delist from the stock exchange as daily volumes remain consistently low.
Vehicle carrier banned from Paris MoU ports Ukraine's Jigawa barred after failing three port state control checks in three years.
Yang Ming's second quarter loss hits $150m Taiwanese container line hurt by falling revenue while costs stay the same.
Fierce competition hits Avance Gas LPG carrier owner turns red in the second quarter despite fleet utilisation of more than 90%.
Opportunity knocks for tankers in Brazil Petrobras' increased production from new FPSOs to boost demand for liftings, broker says.
Hoegh LNG hastens FSRU conversion Shipowner pens equipment deal that will see unit targeting late 2017 and 2018 contracts.
Japan's shipbuilders look to technology to gain edge Virtual reality and big data among the latest tools to be employed to combat foreign competition.
Semua Shipping tanker arrested in Singapore Malaysian-owned vessel is the latest ship to be detained this week in the Lion Republic.
Monjasa lands new $80m credit facility Company says new financing is important for its future development from a pure bunker player.
Pacific Radiance top brass snap up shares Singapore offshore vessel operator's chairman and senior director increase skin in the game.
NEWS FLASH: El Faro's VDR reveals 26 hours of information The National Transportation Safety Board (NTSB) said Wednesday that 26 hours of information was retrieved from the El Faro's voyage data re...
Hapag-Lloyd reveals UASC's $384m loss for 2015 United Arab Shipping Company (UASC) had a net loss of $384.3 million in 2015, while the ocean carrier'searnings before interest and taxes (...
UP applies for permit to operate cross-border bridge The U.S. Department of State received an application from Union Pacific Railroad Company July 22 for a Presidential Permit to operate and m...
STB discontinues annual 'end-of-year outlook' letter The U.S. Surface Transportation Board (STB) will discontinue its annual end-of-year outlook letter on railroad traffic volumes and operatio...
Drewry: Price of new containers falls to record lows in 2015 The price of new containers fell to record lows in 2015 and is forecast to fall further in 2016, says the London-based shipping consultants...
G6, OOCL void October Asia-Europe voyages The G6 Alliance in October will void one sailing each on its Loop 5 and Loop 7 services between Asia and North Europe and alliance member O...
West Coast terminals ditch uniform chassis fee plan for separate negotiations The West Coast Marine Terminal Operators Agreement (WCMTOA) said it has shelved plans to introduce a chassis services fee, and that its 13 ...
COSCO SHIPPING Ports reports sluggish first half results COSCO SHIPPING Ports Limited, formerly known as COSCO Pacific, reported profits attributable to equity shareholders of the company of $171....
ATA: Truck tonnage index slips again in July Domestic truck tonnage fell 2.1 percent in July 2016 from the previous month, following a revised decrease of 1.6 percent during June, acco...
ACI: Airfreight volumes remain 'sluggish' in first half 2016 Global airfreight volumes in the first half of 2016 were "substantially weaker" than passenger traffic, posting marginal 0.5 percent year-o...
Drewry: First-half global container volumes up 2.6% on major trades Global container volumes on selected lanes have grown 2.6 percent in the first half of 2016 compared with the same 2015 period, according t...
GAO upholds military contract to Portus The Government Accountability Office (GAO) on Tuesday upheld a U.S. military contract to Portus Services LLC of Jacksonville, Fla., to oper...
ITC launches new import monitoring tool The U.S. International Trade Commission (ITC) has released a new web-based interface that allows the public to more easily monitor changes ...
Executive Moves: Worldwide Flight Services and CSafe Air cargo ground handling provider Worldwide Flight Services (WFS) has named Craig Smyth chief executive officer, effective Aug. 29. Smyth ...
Logility acquires integration partner AdapChain The supply chain software provider Logility said Tuesday it has acquired privately-held AdapChain, a U.S.-based developer of integration so...
NEWS FLASH: West Coast terminals shelve chassis fee The West Coast Marine Terminal Operators Agreement (WCMTOA) said it has shelved plans to introduce a chassis services fee, and that its 13 ...
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