Grimaldi to order four new ro-ro vessels UPDATE: Italian family-run shipowner has plans to enlarge capacity of some of its current G4 fleet
Ahrenkiel Steamship KGs declare insolvency Three panamax boxships to join long list of single-vessel owner legal entities to go under
DHT sheds another 2001-built VLCC DHT Chris sold to Far Eastern industrial group for $23.7m
Weak rates hit OOCL Liftings and load factors improve, but earnings still fall
Tougher type approvals for ballast treatment agreed Stronger type approval processes for ballast water treatment to give shipowners more reassurance
Shipping split over digitalisation Old fashioned interaction goes head-to-head with smarter working
Asia-Europe rates surge on back of November GRIs Transpacific spot market continues upwards trend
Woman aged 90 accused over German shipowner kidnap Victim held for 30 hours and threatened at knifepoint, court told
Five initial bids in for Hanjin Asia-US assets HMM among those to submit letters of interest
Pertamina-led consortium to seek newbuild FSRU for Indonesia project FSRU with a gas storage capacity of around 170,000 cu m could cost over $250m to build
Teekay names Kenneth Hvid as new chief executive from January 31 Peter Evensen to retire after more than 13 years with Teekay
CIMC nine-month results sink into the red Losses due to botched acquisition deal and slowing global trade
CMA CGM eyes sale of NOL's terminal assets Deal could be worth up to $1bn
Royal Caribbean rockets after beat Cruise industry giant sees share price surge by 9.4% after beating analyst estimates at a time when investors were growing worried.
Keeping the faith in post-Evensen Teekay Wells Fargo analyst Michael Webber says loss of chief executive's experience is substantial, but company has a deep bench.
China Cosco heading for full-year loss Newly fashioned container giant warns of red ink in 2016 after third quarter loss.
CSCL posts another loss in third quarter Former boxship owner, now leasing firm, feels ongoing container line slump.
BP extends Oceaneering offshore vessel deal for Angola BP agrees to charter Ocean Intervention III into next year and continue broader contract until January 2019.
RCCL beats estimates in third quarter Cruiseship giant sees strong demand for North American cruises and 2017 bookings.
Agritrade confirms DHT VLCC deal Storage buyer has paid $23.7m for 2001-built tanker from New York-listed owner.
Blystad bulk venture targets Oslo Bors Herman Billung says the company could upgrade to a full listing within a year.
BP extends Oceaneering offshore vessel deal BP agrees to charter Ocean Intervention III into next year and continue broader contract until January 2019.
Deep Sea Supply PSV pair extended
Greeks gobble up second-hand bulkers Panamax and kamsarmax bulkers in vogue sale-and-purchase market.
Concordia strikes again with sale-and-leaseback Stena-backed owner secures $22m liquidity boost from Stena Supreme deal.
Dorian: Bottom of VLGC trough passed John Hadjipateras's comments come as owner reports a quarterly loss in line with forecasts.
Sulphur cap 'no walk in the park' IMO move to implement global 0.55 sulphur cap by 2020 will be challenging, says Bimco
Scorpio finds period charter for ultramax Piraeus-based Ellery Shiptrade hires a 2015-built bulker for up to eight months at $7,350 per day.
Maersk Tankers sticks to 24 month timetable Products tanker owner says JVs, mergers and IPO options on table amid reports of Energy division listings.
Samsung Heavy prices NAT suezmaxes South Korean yard reveals further details of latest tanker order.
Japan's Namura slides to first half loss Shipbuilder feels the force of shipbuilding down turn, revises full-year performance figures.
MES defies downturn to post positive result Japanese group sees improved first six months, but shipbuilding arm still a drag on finances.
IRISL sees business back to normal by 2017 Iranian container line chairman upbeat on recovery prospects and "positive" fallout from Hanjin collapse.
Exmar rides out weak gas markets Nicolas Savery-led shipowner dragged down by continued soft freight rate environment in third quarter.
Fuel supply an issue in IMO sulphur rules Low-cost low sulphur fuel may not be available to meet 2020 deadline.
UBS: IMO decision may drive record scrapping A new scrubber a tough sell for a shipowner with an older vessel, says analyst Spiro Dounis.
Matson taps bond investors in fundraiser Proceeds to be used to pay down its revolving credit facility and for general corporate purposes.
Fuel supply an issue in IMO rules Low-cost low sulphur fuel may not be available to meet 2020 deadline.
Teekay CEO Evensen to hand reins to Hvid Head of New York-listed tanker group announces retirement after 13 years with the company.
Genco raises $38.6m in preferred share sale New York bulker owner confirms that top three shareholders and other are buying up more shares.
U.S. economy on the upswing after sluggish first half United States gross domestic product (GDP) - the broadest measure of a nation's overall economic health - grew 2.9 percent during third qua...
German bank to take six Hanjin ships, recharter them to Maersk German bank HSH Nordbank could take back as many as nine containerships from the now insolvent South Korean ocean carrier Hanjin Shipping a...
Knight Transportation earnings, revenues continue to fall in Q3 Knight Transportation, Inc. saw its earnings and revenues continue to tumble in the third quarter of 2016 compared with the same 2015 perio...
California's efforts to curb greenhouse gases could harm ports, freight industry John McLaurin, the president of the Pacific Merchant Shipping Association, is cautioning that a drive to reduce carbon dioxide emissions in...
Teamsters calls ATSG's cargo pilot split a 'charade' The International Brotherhood of Teamsters has asked the National Mediation Board to investigate whether two subsidiaries of theAir Transpo...
YRC profits plunge nearly 30% in Q3 2016 YRC Worldwide Inc. saw its profits in the third quarter of 2016 drop 29.8 percent to $13.9 million compared with the previous year, accordi...
EU shipowners say CETA good for industry European shipowners were relieved Thursday when the Belgian delegation to the EU and Canadian negotiations involving the Comprehensive Econ...
Otto completes world's first shipment by a self-driving truck Technology startup Otto and Budweiser have completed the world's first shipment by a self-driving truck, Otto said. Uber announced in Augu...
Iranian man pleads guilty to illegal aviation exports The U.S. Justice Department said Iranian national Mansour Moghtaderi Zadeh pleaded guilty Thursday to taking part in a conspiracy involving...
FMC reviews 16 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 16 ocean transportation intermediary (OTI) license applications and changes for rev...
IAG Cargo's Q3 revenues fall despite higher volumes IAG Cargo had revenues of 240 million euros (U.S. $262.2 million) for the third quarter of 2016, down 7 percent from the third quarter of 2...
Executive Moves: DHL Supply Chain and Kane Is Able DHL Supply Chain has named Jim Monkmeyer president of transportation. Prior to this appointment, Monkmeyer was vice president of supply cha...
NEWS FLASH: TransForce buys XPO's truckload business for $558m Canadian trucking and logistics provider TransForce Inc. has purchased the full truckload (TL) transportation business of XPO Logistics, In...
ICE Brent settles below $50/b as tough OPEC meeting begins NYMEX December crude settled down $1.02 at $48.70/b, while ICE December Brent settled down 76 cents at $49.71/b.
TANKERS: Gener8 Maritime takes delivery of new ECO-class VLCC Gener8 Maritime received a new ECO-class VLCC, the Gener8 Miltiades, earlier this week, the company said
PRESS RELEASE: Teekay LNG Partners' CEO, CFO and Board Member Peter Evensen to Retire
External: Wired Bunkering
BIMCO withdraws opposition to 2020 marine sulfur cap BIMCO previously said a 2020 implementation would be 'irresponsible'
Bunker trader World Fuel Services reports 8.5% drop in marine fuel sales in Q3 US-based World Fuel Services said its third-quarter marine fuel sales fell 8.5% year on year to 7.8 million mt, while its gross profit in the marine segment dropped 23.4% over the same period to $37.2 million
Germany's Bernhard Schulte Shipmanagement tapping new sectors, markets: executives Companies in the marine industry are finding it more imperative to not only innovate to respond to the tough economic environment but also to sensitize themselves to shipping emissions due to growing concerns for the environment.
INTERVIEW: Maersk Line sees higher returns for container shippers in 2017 - More balance in demand-supply fundamentals expected - Alliances, vessel-sharing arrangements likely to continue - Waiting for Hyundai Merchant Marine to join the 2M alliance
FUTURES : Crude futures flat as markets wait for OPEC decision
FUTURES: Crude holds steady amid lack of fresh drivers
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