Navios Holdings reports Vale move to ditch ore contract Shipowner says it will hold Brazilian producer to $1bn deal struck two years ago
Concordia Maritime posts stronger first-quarter profit Product tanker arm of Stena outperforms general market with long-term income
Capital Product prunes dividend under shadow of Hyundai Merchant Marine problems Korean operator's woes and increased capital costs prod owner to create capital reserve
Saudi spot market sales may boost tanker demand State-run Saudi Aramco reported to have sold crude to Chinese teapot from its storage on Okinawa
Seaspan results highlight reliance on off-balance sheet financing Strong operating results are aided by operating leases
Maersk adds Cuban call to transatlantic string CRX service adds Cuba's Mariel to southbound rotation after easing of sanctions
GulfMark suffers further impairments as lay-ups rise again
Eurogate consortium agrees 25-year Limassol concession Privatisation of Cyprus' port assets continues as German operator joins DP World as latest Limassol investor
Hyundai Heavy Industries, Hyundai Mipo Dockyards see first-quarter profit recovery Turnaround attributed to improved performance in shipbuilding business segment
Hanjin and HMM merger talks premature, says FSC chairman Government will give full support to two Korean carriers in securing positions in new container shipping alliances ahead
US intensifies cold gas war with Russia American politicians are eager to snare Russia's gas customers with LNG, but Cheniere adopts a pragmatic approach
New boss for HHLA German terminal operator turns to motor trade for new chairwoman
Hanjin Shipping seeks to raise about $357m from asset sale South Korean carrier plans to dispose of bulk shipping assets, terminals
Navig8 Product Tankers gets $130m credit facility to finance four vessels Loan facility agreement signed with Citibank and Caixabank
Singapore inks One Belt, One Road infrastructure financing deal with Chinese bank State-owned bank will provide $22bn in financing services for Singapore and Chinese companies
Diana Shipping extends time charter with Transgrain Shipping Panamax bulker Clio will commence new charter period on May 5
El Faro's voyage data recorder found UPDATE: In potential breakthrough, expedition finds key piece of evidence at bottom of the sea.
Stranded boaters rescued, then handcuffed Disney Cruise Line ship saves three men on capsized boat off Cuba that turn out to be fugitives.
Capital Product shares plunge after cut New York-listed tanker and containership owner sees shares drop 26.6% after dividend slash.
Vale backs out of Navios terminal deal Angeliki Frangou-controlled logistics unit may seek damages in breach.
VLCC spot rates sputter to month low VL8-operated tanker fixed for West Africa fixture at 10 WorldScale points below last done.
Anti-piracy group SAMI files for liquidation Directors winding up security association as membership dwindles.
POSH fixes out eight ships for $167m Singapore owner supplying offshore newbuildings and existing vessels for Middle East oil company.
Harkand ditches bareboat charters Chief executive says termination of contracts for vessel duo is a proactive step to secure financial stability.
GES cancels bulker, snaps up two resales Indian owner now has four kamsarmaxes on order for delivery in 2017.
Expanded Seaspan boosts earnings Containership owner rides higher quarterly revenue to bigger profit in Q1.
Fairdeal tanker shot off Yemeni port Vessel comes under attack in what is thought to be a terrorist rather than piracy incident.
Ostensjo cancels $200m-plus HHI floatel Norwegian owner cuts expensive newbuilding adrift after delay approaches a year.
CPP creates cash reserve for debt Boxship and tanker owner cuts distribution in order to secure liquidity.
Concordia ups profit; eyes more charters Swedish tanker owner boosted by first quarter revenue rise.
Korea outlines 'three-track' plan to revive yards and owners Financial regulator says state banks will receive capital boost to address $10bn at risk through loans to struggling domestic companies.
Flex LNG agrees amended loan John Fredriksen-controlled company gets increased liquidity from Metrogas Holdings ahead of 2017 deliveries.
Lottery to decide first ship through expanded Panama Canal Waterway authority makes an event of picking vessel for historic transit.
Seized ferry listing in port of Piraeus Old passengership previously owned by Ventouris Sea Lines loses stability; tugs on scene.
Deep Sea Supply reveals extra $31m loss Fredriksen offshore owner hit by impairment charge from Brazilian joint venture.
Tallink looking to boost payout Strong performance in 2015 leads Estonian company to propose bigger profit distribution.
German yard giant formed Genting creates Lloyd Werft Group after completing acquisition of Nordic Yards.
Hyundai Heavy back in black as it beats estimates Korean shipbuilder clears its books of all low-value vessel contracts as first quarter turns positive.
Concordia keeps Stena Polaris busy Swedish tanker owner remains focused on niche trades as it signs one-year deal for P-MAX ship.
Great Eastern disposes of old aframax Indian shipowner sells 1999-built ship with brokers suggesting a price of $13.6m.
Probe begins into fire on Irish Ferries vessel Blaze believed to have started in truck on Ulysses as it arrived in Dublin.
A2Sea wins turbine installation contract for 2018 Danish operator sending modern support vessel to Baltic to erect 60 structures.
Reach Subsea cuts charter rates as it restructures Solstad and Ostensjo take stakes in Norwegian offshore owner in return for easing operating burden.
Impairment charges hammer GulfMark results Write downs made on portion of its fleets in the Americas, Southeast Asia and the North Sea.
Navig8 Product Tankers ties up $130m credit facility Shipowner has now raised over $1.3bn through combination of equity, debt and sale and leaseback financings.
Singapore eyes possibility of deploying FSRUs Energy Market Authority issues tender for feasibility study on using floating LNG solution.
US-based GATX sells three chemical tankers Chicago railcar giant pockets $37.6m from trio and inland barge assets amid shipping divestment.
Soft oil price keeps MGO supply steady inside ECA Survey finds little evidence of modal shift.
SOUTH KOREA DATA: March oil product exports edge down 0.3% on year to 1.3 mil b/d Bunker-C fuel oil shipments dipped 18% year on year to 1.03 million barrels.
TRADER NOTE: Cockett Marine appoints Bai Di as its Hong Kong trading manager Appointment strengthens trading team in Hong Kong.
Oil futures halt rally as profit-taking pushes prices lower The market was "due to give back" some ground after last week's performance, a broker said.
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