Huarong to reset the clock on old debt to Credit Suisse Company to issue convertible bonds to extend maturity dates on debts soon to be due
Investors applaud drop-down extensions for Navios Midstream Partners Two-year extensions buy partnership valuable time but raising capital for such acquisitions remains elusive
Protectionism threatens to make ultra large boxships redundant, warns CMA CGM's Saadé 'I think we should worry,' says vice-chairman of one of the world's largest container lines
Suezmax rates unfazed by attack No changes reported as yet to loading schedule out of oil terminal.
Suezmax rates unfazed by latest Nigeria attack claims No changes reported as yet to loading schedule out of oil terminal.
Navios unworried by tanker supply picture Executives do not believe increase in rates will send owners to yards, but they do see scrapping opportunity.
Subsea vessels weigh on McDermott outlook Lower utilisation expected to lead to lower margins for engineering company and offshore vessel operator.
Saade: market needs a 'decent' price war CMA CGM boss tells the Danish Maritime Forum that container capacity cuts and consolidation is likely, and lines need to charge a fair price.
Golar LNG Partners lines up securities sale US-listed LNGC owner makes shelf filing with an eye on paying off debt.
Sinotrans pushes up boxship volumes Hong Kong-listed group has seen teu figure increase 12% over first nine months.
Navios Midstream slips but meets forecasts VLCC spinoff holds onto steady revenue and extends purchase options with parent Navios Acquisition.
ECO orders 13 tugs at Damen US owner needs new vessels to service two new contracts in Texas and Alaska.
Layups continue as AHTS use crashes Norwegian fleet down to 10 ships - with only one in work.
Nordea's loan-losses rise to $147m as shipping struggles Nordic bank blames increased risk level in shipping and offshore sectors.
Hyundai Heavy back to profit in third quarter World's biggest shipbuilder beats bottom-line estimates despite revenue fall.
Vallianz denies Swiber crews abandoned Singapore company says it is arranging to settle unpaid wages of crews stuck on ships in Dubai.
Bockstiegel pleads guilty to pollution charge General cargo vessels Nils B latest ship to be caught by US authorities for use of "magic pipe".
Pacific Radiance seals refinancing deals Singapore offshore firm extends maturities on loans by five years and delays loan repayments.
Statoil terminates Stena rig charter early Norwegian oil major says it has no other activities where available capacity can be used.
Zosco looks to offload four more capesizes Chinese state-owned shipowner will be left with just six large bulkers if latest deal goes ahead.
NWSA launches mobile apps aimed at increasing drayage efficiency The Northwest Seaport Alliance (NWSA), a cargo operating partnership between the ports of Seattle and Tacoma, will release two new mobile a...
Ports America gearing up to take over intermodal transfer service in Baltimore Ports America Chesapeake is preparing to take over the operations of CSX Intermodal Terminals, Inc. (CSXIT) at Seagirt Container Transfer F...
Private equity firm buys MetroGistics Private equity firm Tailwind Capital has acquired MetroGistics, a technology-focused third-party automotive logistics provider, from Corint...
NAC to launch four weekly cargo flights from Miami Northern Air Cargo (NAC) is launching four weekly charter flights from Miami International Airport (MIA) starting Nov. 1, 2016, the airport...
C.H. Robinson's net income drops 7.5% in Q3 C.H. Robinson reported a net income of $129 million for the third quarter of 2016, a 7.5 percent decline from last year's third quarter. T...
COSCO Ports Q3 profits drop amid CSCL integration COSCO SHIPPING Ports Ltd. reported profits attributable to equity shareholders of the company of $43.9 million in the third of quarter 2016...
Truckers, retailers want authority to oversee PierPass program The National Retail Federation, the California Trucking Association Intermodal Conference and the Harbor Trucking Association, which repres...
WSJ: Suez Canal looking to secure advance payment for tolls The Suez Canal Authority (SCA) is asking major ocean carriers to pay canal fees three to five years in advance, SCA Chairman Mohab Mamish c...
Norfolk Southern increases net income in Q3 Norfolk Southern Corporation posted a net income of $460 million for the third quarter of 2016, up 2 percent from the third quarter of 2015...
Port of Houston's box volumes remain flat Container volumes at the Port of Houston inched up 1 percent year-over-year in September to 185,442 TEUs, while year-to-date, volumes have ...
10-4 to integrate project44 LTL APIs Boulder, Colo.-based transportation visibility startup 10-4 Systems has integrated less-than-truckload application programming interfaces (...
UK green lights $20b expansion at London Heathrow The United Kingdom has approved the 16 billion British pound (U.S. $20 billion) expansion at London Heathrow Airport, the Department for Tr...
U.S. issues import duties for Indian stainless steel pipe The U.S. International Trade Commission (ITC) has determined the domestic industry is harmed by imports of welded stainless steel pressure ...
Owners of the Nils B plead guilty to environmental crimes The U.S. Justice Department said the two German shipping companies that owned and operated the cargo vessel Nils B have pleaded guilty befo...
CN profits decline in Q3 as volumes, revenues dip Canadian National Railway Co. (CN) saw net income decrease 2.9 percent year-over-year in the third quarter of 2016 to C$972 million (U.S. $...
Balboa, Guayaquil bunker fuel stocks low after resupply delays: trade IFO 380 CST in Balboa and Cristobal, Panama, was assessed at $295/mt, up $2.50 from Tuesday and a fresh 15-month high.
Oil declines despite surprise draw in US crude stocks NYMEX December crude settled down 78 cents at $49.18/b. ICE December Brent settled 81 cents lower at $49.98/b.
Russia backs delaying 0.5% marine sulfur cap to 2025 IMO representative denies earlier ShippingWatch report saying Russia would propose a 2023 implementation date
External: Praxis Energy Agents S.A
Ships working cargo exempt from Piraeus tax rule: sources A new customs' rule applied to Greek ports does not include ships working cargo
Russia withdraws request to bunker warships at Ceuta Admiral Kuznetsov group is passing into the Mediterranean on its way from the Baltic to Syria
Bunker demand at Greece's Piraeus softens on new regulation New charterparty rule since October 20 is putting off some shipowners
External: Wired Bunkering
TRADER NOTE: Daniel Rose joins OceanConnect Marine as Chief Commercial Officer Marine fuels trader and broker OceanConnect Marine appointed Daniel Rose as the Chief Commercial Officer
ANALYSIS: Asia VLCC rates plummet despite large loading program; newbuild supplies surge Ever increasing supply is adding to downward pressure on rates.
INTERVIEW: BP Marine says 2017 bunker demand may grow 25% if economy recovers - Slow steaming, new, efficient ship engines reduce bunker demand - IMO's decision holds key for future marine fuels mix - Singapore bunker traders may shift to logistics services from Jan
US oil producers likely to resume output fastest: IEA economist When global crude prices recover, US light, tight oil production is likely to restart more quickly than any other sector currently seeing a decline
FUTURES: Crude falls sharply after Russia rules out cuts
OPEC's Barkindo offers no freeze exemption assurances in meeting with Iraq
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