Saadé says CMA CGM/NOL to play defining role in future of industry Update: CMA CGM confirms NOL offer after conditions met: combined group will have 12% market share and fleet capacity of 2.4m teu
Maersk and MSC to cut number of direct port calls in 2M Asia-North Europe network Move will eliminate duplication of port pairs in order to keep transit times competitive
Supramax rates continue to gain at gradual pace Shipments from US Gulf helped lift market
DP World to list Islamic bond on Nasdaq Dubai Company's bond issue met strong demand and was two times oversubscribed
Handysize market holds steady Rates and optimism continue to ebb amid a dearth of fixtures in the Pacific
HMM expects to reach deal soon with shipowners on charter rates South Korean line achieves 'meaningful progress' with five container ship owners
Mermaid Maritime clinches $11m worth of contracts in Middle East
Diana Shipping secures time charters for two panamax bulkers Both vessels are expected to bring in around $2.3m worth in gross revenue for the minimum duration of the time charters
The next leap into the unknown All this heady talk about big data and robots prompts speculation about ships of the future, but what about the seafarers who will crew them?
Fesco sinks to $22m first-quarter loss Russian liner operator and logistics company sinks into red as it continues negotiations with bondholders.
Uruguay suspends Siteam Anja salvage effort Heavy weather leads navy to halt effort to remove Team Tankers chemical tanker from Isla de Lobos.
ABG chief executive steps down Mumbai-based shipyard announces departure after company fails to find investor.
France strike to hurt then help tankers US tanker analysts see potential downside during strikes then potential for imports jump after.
Stohle sounds FSRU contract confidence Chief executive talks up newbuilding deal potential; suggests conversion could follow.
Clipper in clover on the home front Bahamas-registered bulker division sees legacy issues fading fast, CFO says.
Maersk Line reshapes Asia Europe offering Cost cuts and shorter journey times in store on key trade route.
Navibulgar takes auctioned handysize Expanding Bulgarian owner reveals it snapped up Tranglory vessel at auction.
Malaysian Bulk continues sales run Owner said to have offloaded another dry cargo vessel.
Templeton reveals Samsung Heavy stake Singapore fund has 5% of shipbuilder but won't seek to influence management.
Nigerian shipping costs soar 60% on piracy Shipowners say attacks have pushed up insurance of ships and crew.
Fjord Line cuts first-quarter loss Norwegian ro-pax group pushes up revenue to reduce red ink.
Oman Shipping reveals $180m annual profit Middle East owner says cash will go on developing its business.
HMM: charter-cut deal to be agreed 'soon' Restructuring Korean owner says significant progress has been made with five boxship owners, while it has drawn up final proposals for bulker owners.
Hanjin Shipping bulker released after arrest Hanjin Paradip sails from South Africa as talks continue with owner over unpaid charter fees.
Dae Sun adds tanker duo to orderbook South Korean shipbuilder sees orderbook increased to 18 ships with domestic order.
DP World raises $1.2bn from sukuk bond Port operator says funds will go towards refinancing 2017 bond and general corporate purposes.
Maersk Drilling snaps up distressed rig asset Danish giant picks up rig which comes with five-year charter to sister company Maersk Oil.
Mermaid Maritime delays China newbuilding trio Thai-backed offshore vessel owner says it now has more time to decide what to do with the assets.
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