Data Hub: Load Factors Limiting the influx of supply helps tighten fourth quarter utilisation services to northern Europe from Asia, but load factors waver on Mediterranean and Middle East routings
Zim to quit TSA Israeli line to leave transpacific discussion group at the end of the year
Chinese rig builders form alliance Cosco Shipping will chair newly-established CODIA
Dryships 2.0 George Economou switches hats, becoming company's largest creditor while obscure investor becomes its largest shareholder
HMM accused of overambitious growth forecast Korean carrier's projections for a 5% global market share lack a 'coherent strategy', says Alphaliner
Tangshan and Tianjin set up container terminal joint venture Neighbouring ports hope Tangshan's focus on feeder port and Tianjin's position as a hub can complement each other's business
Korean authorities back Hanjin court receivership Not realistic to keep Hanjin on life support until a recovery occurs, says FSC chairman
STX unit's auction falls through Court to reschedule another auction in early-2017
Rizhao Port appoints new chief financial officer Outgoing CFO Shi Ruxin resigns due to 'personal reasons'
DSME office employees to go on leave without pay next month Move is part of cost optimisation measures as shipbuilder undergoes restructuring
India unveils company to finance port development projects Sagarmala Development Company to help manage risk for projects across multiple states and regions in the country
Amsterdam keeps river cruise shore power fees flat for 2017 Port intends to review shore power infrastructure upgrades in 2017
Petrobras axes charter with Golar LNG Partners Early termination charge to be paid according to terms of contract
Commentary: The real threat (and solution) for U.S. jobs In mere weeks, Donald Trump will be inaugurated as president, and part of the platform upon which he rode to Washington was the idea that m...
Ocean carriers unveil skipped voyages around Chinese New Year The 2M Alliance - comprised of Maersk Line and MSC - is temporarily reducing sailings on the Asia-North America and Asia-North Europe/Medit...
BIMCO: U.S. experiences sharp decline in coal exports Source: BIMCO, EIA Tonne-miles from U.S. coal exports has declined by half over the past three years, according to an analysis from The Bal...
Port of Wilmington, N.C. teams up with Enviva The wood pellet domes at Enviva's terminal at the Port of Wilmington, N.C. are now operational, with the first loading of exports to Europe...
GLP to develop logistics park in Japan Global Logistics Properties (GLP) secured a strategic land parcel for long-term logistics facilities development in Greater Tokyo, the comp...
Clarification: Kerlikowske finishes CBP tenure with praise on trade issues Tuesday's article, "Kerlikowske finishes CBP tenure with praise on trade issues," quoted Virginia Thompson, but failed to include her aff...
Special coverage: New ship orders plummet in 2016 Source: Chris Dupin Orders for new ships have plummeted in 2016 as a result of a slowdown in global trade growth and rampant oversupply of ...
Physical HSFO East-West spread at 11-month high amid firm Singapore demand The last time the spread was higher was in the first decade of January 2015, when it reached $40.19/mt, according to S&P Global Platts data.
Waterborne inventory, delays choke USGC naphtha, components markets "There is plenty of volume floating on the water unsold, begging for bids," a US refined products trader said.
USGC distillate exports to Europe flat at 1.02 million mt Dec to date A total of 10 new fixtures appeared on the trans-Atlantic route since the most recent estimate was published last week, bringing the number of vessels to discharge in December to 23.
FEATURE: Bunker market enters 2017 in uncertain state Demand will remain under pressure as the shipping industry seeks to address vessel oversupply in the container and dry bulk sectors, as well as declining earnings for tanker owners.
Outbound pilot boardings resume on Houston Ship Channel Visibility was adequate for outward transits, but was still at zero on the Galveston Bar, meaning inward traffic was halted, Mayes said.
Panama bunker fuel at 17-month high as year's end nears IFO 380 CST in Balboa was heard talked in the range of $320-$330/mt Wednesday
External: Wired Bunkering
FUTURES 2: Crude steady after spiking on Venezuela supply cut
JAPAN DATA: Oil product stocks slip 1.9% on week to 64.03 mil barrels But high sulfur marine diesel output rose 25.5% week on week and 38.1% year on year.
FUTURES: Crude stable after overnight surge on supply cut optimism But analysts said cuts were aimed more at drawing down excess inventories sloshing in storage tanks worldwide than long-term support for crude prices.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher