PMA and ILWU agree to meet to talk about talks US west coast employers and labour leaders take first tenative steps towards avoiding chaos of 2014/15
Kim Fejfer hands over to new APMT boss at critical juncture for container ports A new relationship between Maersk Group's container shipping and terminals divisions will dictate the strategy for Morten Englestoft, appointed to top job in recent management reshuffle
Product Shipping buys Daiichi product tanker Latest disposal by recovering Japanese outfit tempts Oaktree-backed Greek operator
Port of Piraeus profits rise amid privatisation and strike Litigations dragged post-tax profits down significantly while revenues and costs fell
Teekay LNG newbuilding wins 15-year charter to haul Yamal cargoes Newbuilding will be delivered in early 2019
Hapag-Lloyd reveals digital vision as allure of big ships fades German carrier's chief commercial officer says technological innovation can help inspire a cost-effective industry
DSME chief in Dubai to negotiate with Sonangol over drillships State-owned financial institutions to provide equity investment to ensure drillships are delivered as scheduled
Ocean Yield to buy two chemical tankers for $70m Deal comes with12-year 'hell and high' bareboat charters to Navig8 Group
Five Hanjin ships stuck off coast of China Only two of the vessels being held are owned by the South Korean shipping line
Agility and Maersk Line sign deal to cut carbon emissions Companies are working together to explore innovative, commercially viable ways to reduce carbon footprint
Nordic American Tankers keeps its powder dry $115m equity offering to replenish equity funds and seek further fleet expansion
Shipping industry confidence grows for second straight quarter Confidence is at highest level in nine months, says Moore Stephens
Mid-October loading dates bring little cheer for VLCCs Charterers take older ships at lower levels, keeping rates weak
Kirby hit with civil penalty over spill Department of Justice reaches $4.9m settlement with tug owner over casualty involving bulker.
Nokta to exit research, enter banking Head of Clarksons US operations plans greater focus on investment banking.
Wison tests FLNG unit for delivery to Exmar Belgium-based energy shipping company now just needs to find charterer for vessel.
WTO: Container trade outlook gets weaker Forecast for world trade cut this year and next due to slowdowns in China and Brazil
OSG's future spinoff to pay parent $100m Loan amendment with allows OIN to pay dividend before split and requires $75m principal payment.
Pemex hires salvor to right listing Burgos After extinguishing fires, crews working to stabilise stricken chemical and products tanker.
ITIC urges brokers to move quickly on documents Tanker desks need to avoid delay on issues like demurrage claims, insurer warns.
Clarksons' Omar Nokta to exit research, enter banking Head of Clarksons US operations plans greater focus on investment banking.
AHTS rates down as rigs retired But it's not all doom and gloom for owners as bad weather and strikes combine in North Sea.
Clarksons' Nokta will lead its US operations Lead research analyst at Clarksons moves closer to investment banking side.
NAT shoots for $126m from share sale New York-listed tanker owner prices stock offering with chairman and vice chairman investing $5m.
Brightoil records surge in profit from tankers Hong Kong VLCC and aframax player rides favourable markets to better annual result.
Yamal deal for Teekay LNG newbuilding Contract leaves owner with a single open vessel in its orderbook, Evensen says.
Chartworld favourite for capesize resale Sources place Greek owner in pole position for second cape buy of the year.
Rothschild brought in to find ABG buyer State Bank of India tasks investment bank with finding new partner for struggling shipbuilder.
PSVs edge up despite tonnage glut Ostensjo Rederi manages to fix supply ship at higher rate, with 29 other units looking for work.
Thoresen in open hatch scrap sale
Seoul court sets Hanjin claims deadline Receivership proceedings continue, with creditors to register sums owed by 25 October.
Korean lines climb on Maersk Line M&A talk Jefferies believes both Hanjin and HMM will be targets for Maersk Line.
SBIC selling stake in Vietnam's PV Shipyard State holding company wants to restructure shipbuilder's capital.
DSME seals new headquarters sale Korean shipbuilder finds another buyer for office building after previous agreement fell through.
Ocean Yield adds two more tankers Lars Solbakken-led owner acquires 2013-built pair from Navios and charters them to Navig8 for 12 years.
No containership newbuilds to hit China hardest Chinese yards have the largest exposure to the boxship market in terms of ships on order, says Affinity.
Wisdom Marine gives green light to fundraiser Taiwanese shipowner says proceeds from share issue will go towards buying more ships.
Sea Trucks seals Mexican accommodation contract Construction vessels to be deployed in support of pipeline repair work for 90 day period.
Pavilion and ExxonMobil in LNG bunkering drive Singapore government-backed gas outfit to establish procedures for truck-to-ship deliveries.
Agility joins Maersk emissions reduction initiative Agility Logistics agreed to work with Maersk Line to cut carbon dioxide emissions by 15 percent per container on Agility shipments as part ...
Hanjin, HMM stocks rise amid takeover speculation The stocks of Hanjin Shipping Co. and Hyundai Merchant Marine (HMM) rose on the South Korea Stock Exchange Tuesday and a researcher at the ...
ATAG: Airlines support mandatory carbon offsets Airlines are pushing governments to adopt mandatory pollution limits, but may have to settle for a voluntary approach, at least for the tim...
Flexport gains $65m for global expansion The cloud-based freight forwarder Flexport has raised a Series B round of $65 million to fund its global expansion, bringing its total capi...
WTO cuts 2016 global trade forecast World trade will grow at slowest pace since financial crisis this year, according to the latest report from the World Trade Organization. ...
Port of Boston sets box volume record in August The Port of Boston's Paul W. Conley Container Terminal set an all-time monthly record in August with a throughput of 26,334 TEUs, the Massa...
Finnair, IAG add cargo capacity between London and Helsinki Finnair Cargo and IAG Cargo are adding cargo capacity between Helsinki, Finland and London, United Kingdom under an expanded capacity shari...
Executive Moves: FedEx and Jacksonville Port Authority FedEx Corp. said T. Michael Glenn , executive vice president of market development and corporate communications, will retire effective Dec....
CBP rolls out 'Aqualane' to more U.S. ports Ocean carriers that meet eligibility criteria for cargo security can receive privileges for expedited unloading at a half dozen more U.S. p...
DHL Global Forwarding to offer emergency air cargo services DHL Global Forwarding has launched a new global expedited airfreight service for urgent delivery of spare parts, critical medical supplies,...
AAR President: Re-regulation of STB rate review process 'misguided' Recent attempts to "re-regulate" the Surface Transportation Board's railroad rate review process are "misguided," according to Edward R. Ha...
Watco taps Herzog for PTC implementation Short-line railroad operator and holding company Watco Cos. LLC has tapped Herzog Technologies Inc. to assist with implementation of positi...
DHL expands European parcel network to Hungary, Slovenia Deutsche Post DHL Group is expanding its European parcel delivery network to include Hungary and Slovenia, according to a statement from th...
NEWS FLASH: Flexport gains $65m for global expansion The cloud-based freight forwarder Flexport has raised a Series B round of $65 million to fund its global expansion, bringing its total capi...
Baltic Exchange shareholders approve acquisition by SGX The Baltic Exchange reported Monday its shareholders approved of an acquisition by the Singapore Exchange. Based out of St Mary Axe, Londo...
Michelin unveils plans for new distribution center in S.C. Michelin will build a $270 million automated distribution center in Spartanburg County, S.C. to support distribution of tires for passenger...
San Francisco bunker fuel market expected tighter amid refinery turnaround: sources "Chevron typically supplies their San Francisco bunker market from Richmond,"
USAC bunker market little affected by planned PBF New Jersey refinery shutdown It can have an effect on gasoline and ULSD markets on the Atlantic Coast if they are down for a while.
Carnival quarterly bunker fuel bill falls 23.2%, consumption inches higher The company's bunker costs fell to $265 million in the three-month period from $345 million in the same period a year earlier
Brightoil's bunker sales jump 26% as overall profit sinks The company did not give a figure for bunker sales volumes but it sold 17.27 million mt in the year to June 30, 2015, according to its previous annual report. Based on this its 2015/16 sales volume would amount to 21.76 million mt.
External: Wired Bunkering
FUTURES: Iran oil minister comments put pressure on crude futures At 1033 GMT, November ICE Brent crude futures were down 75 cents/b at $46.60/b, while the NYMEX November light sweet crude contract was down 68 cents/b at $45.25/b.
Saudi's Falih says optimistic over 'consultation' talks in Algiers
Shipping companies eye second-hand dry bulkers; lenders cautious Second-hand sales are coming at a time when new building orders are slowing down, and even cancelled.
ANALYSIS: Algiers meeting could pave way for higher US crude stocks this fall Analysts widely doubt the conditions are ripe for an OPEC-led agreement that could tighten the global oil market balance.
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