EIB looking into potential One Belt, One Road investments Bank's shipping head sees digitalisation as opportunity for efficiency and increased investment
Good luck, One Belt One Road Industry leaders see positive impact on shipping from Chinese grand project despite challenges
Latest MSC cruiseship marks start of $10bn delivery programme Aponte group eyes booming leisure market as container trades begin slow recovery
We have bigger priorities than digital Digitalisation has taken centre stage, but environmental issues are as significant as ever
Frontline-Gener8 - merger talks hotting up? Gener8 is Frontline's next natural target after DHT failure, say analysts, as tanker consolidation increases
Saudi Arabia's new $5.2bn mega-shipyard set to worsen global glut Saudi Aramco, Bahri, Lamprell and HHI to build Middle East's largest shipyard by 2019
Uniformity in connectivity necessary for digital success Inmarsat touts itself as enabler of communication between onboard applications
Ordering enthusiasm fades at China yards Price recovery in dry bulker newbuildings slows as BDI falls again
South Korean coal shipment delays suppress panamax demand Earnings for the segment remain at five-month lows
Three Japanese lines become ONE After much speculation, Japanese container line joint venture named Ocean Network Express
Swissco judicial managers have until September for creditor proposals Offshore services provider's judicial management orders extended to January 2018
New boss for Pioneer Marine as Pankaj Khanna departs Chief financial officer of dry bulk operator taking up interim role of chief executive
Radical approach to technology needed in digitalisation age Industry can no longer simply use technology but must embrace it, experts argue in Oslo
Contracts, not law, key for data protection in sharing era Data ownership does not exist and agreements provide the most powerful legal framework, lawyer warns
Scorpio has backup plan in Navig8 sale-leaseback vessels Scorpio Tankers has put in place a backup plan in case it cannot secure consents to transfer some of the 17 Navig8 Product Tankers vessels that are financed through financial leases. Scorpio has secured a $225m senior secured loan 'facility from Dutch lender ABN AMRO that would refinance nine vessels currently owned by Shanghai-based Bank of Communications (BoCom) Financial Leasing Co. The senio
Does Trump's Paris pullout threat matter for shipping? Some industry experts do not see move by US president having an impact on IMO's emissions regulations.
Empros renews fleet with younger tonnage Empros Lines has significantly renewed its fleet, buying two dry bulk vessels on the secondhand market that are seven years younger than another pair of ships it sold earlier. Clients of the Greek company have emerged as buyers of the 58,700-dwt Maritime Emerald (built 2009) for $14.5m, sources say. The ship was reported sold by Japan's Orient Line to unidentified Greek buyers in late April. Emp
Wilhelmsen focus stays on offshore comeback Alliance with Ferd has group pondering 'opportunistic' return to sector
Navig8 inks sale-and-leaseback deals for chemical duo Oslo-listed chemical tanker owner aims to refinance UniCredit loan with deal.
Frontline drops pursuit of DHT as focus switches to Gener8 John Fredriksen confirms acrimonious takeover battle is over, but expansion ambitions remain.
CLdN behind Mipo ro-ro order Belgian owner declares options for duo, bringing series to six units.
Surveyor's costs covered in ferry damage row ITIC reimburses expert embroiled in towing casualty in North America.
Pankaj Khanna leaves Pioneer Marine Bulker owner's CEO to be replaced on interim basis by CFO Sam Tsui.
Sage Sagittarius deaths were foul play Evidence strongly suggests captain involved in one incident on 'death ship', coroner says.
Stupidity fuelled perfect dry bulk storm Khalid Hashim has harsh words for peers and a frank view of impact of legislation on bulker market balance.
Pirates fire RPG on Greek tanker But armed guards on vessel owned by Prime Marine Management manage to deter the attack.
Saevik: offshore rates will recover But Havila chief tells Nor-Shipping that earnings will not return to previous highs.
Titan LNG orders its first 'FlexFueler' Dutch LNG bunkering newcomer takes a final investment decision on pioneering pontoon solution.
Saudi Aramco and HHI seal deal for new yard Saudi Arabia-based shipbuilding facility will have the capacity for 40 vessels, including three VLCCs.
Sinotrans Shipping banks $4m from disposal Hong Kong owner boosts balance sheet by selling finance company to parent group.
Odfjell Drilling deepens Statoil ties Oslo company signs new deal for Deepsea Bergen for next year.
Greece wants to lure UK firms facing Brexit Shipping minister says five insurance brokers considering Piraeus as Britain prepares to leave EU.
Cocaine found on cargoship in Colombia Police recover 50kg of drugs in cylinder attached to Carmen I's hull.
GripShip reduces first quarter loss Norwegian wellboat company cuts costs and boosts revenue.
Havila extends PSV term deal with Maersk Restructured Norwegian owner keeps vessel busy for up to a year.
Euroseas adds ship from JV partner Aristides Pittas-led company expands its fleet through bank deal with private equity-backed Euromar.
Ten questions for Mark O'Neil Columbia Shipmanagement president, and future chief executive of the merged Columbia Marlow (subject toregulatory approval), talks about discovering the importance of digital developments, the need for a three-figure fleet and the one-word secret to success
Mermaid ties up three OSVs on short term gigs Thai-backed offshore player continues to find work for its fleet as it awaits sector recovery.
Sealink International starts 2017 in the red Malaysian shipbuilding and chartering group hurt by lack of revenue from shipyard activities.
Platano Eesti OU makes bulker debut Estonian reefer operator has ordered up to three mini-capesize bulkers at Shanghai Shipyard.
Keppel order haul set to reach SGD 500m in 2017 Singapore shipbuilder's diversification into other ship types set to pay off, says analyst.
Frontline pivoting from DHT to Gener8? Chief executive Robert Hvide Macleod says tanker owner remains interested in growing by taking over companies or buying ships.
Rickmers 'forced' to file for insolvency Rickmers Holding AG said in a statement Wednesday that the management board of HSH Nordbank AG has "surprisingly denied" approval of the te...
Purolator International launches intra-U.S. expedited forwarding service Purolator International is launching an expedited forwarding service for domestic U.S. shipments, the company said Wednesday. The service ...
NYK, Dualog form maritime IT partnership Japanese shipping line Nippon Yusen Kaisha (NYK) Line has entered into a joint venture with Norwegian maritime IT company Dualog to "push t...
Samskip acquires new reefer containers Rotterdam based multi-modal container transport and logistics company Samskip has acquired 150 new 40-foot reefer containers for use in the...
Japan's 'Big 3' to operate as Ocean Network Express Japan's three major shipping companies - Kawasaki Kisen Kaisha, Ltd. ("K" Line), Mitsui O.S.K. Lines, Ltd. (MOL), and Nippon Yusen Kabushik...
Maryland Port Administration buys 70 acres of land The Maryland Department of Transportation's Maryland Port Administration (MPA) recently purchased 70 acres of property at the Point Breeze ...
Lawmakers seek fairer trade for Mexican sugar imports A bipartisan group of 10 U.S. senators is urging Commerce Secretary Wilbur Ross to seek "fair competition" for U.S. imports of Mexican suga...
Rosen to lead USDOT Regulatory Reform Task Force The U.S. Department of Transportation's Deputy Secretary Jeffrey Rosen has been tapped by Secretary Elaine Chao to head the department's Re...
Virgin launches Melbourne-Hong Kong route Virgin Airlines is launching a new Melbourne-Hong Kong route this summer through its partner, Virgin Australia. The route will commence Ju...
Fuel oil arbitrage uneconomic despite 8-month low VLCC freight Typically at this time of year HSFO demand tends to pick up in Singapore due to Asian summer air conditioning requirements.
NAFTA talks could lead to uncertainty in energy sector: API chief The Trump administration is expected as soon as August to launch negotiations with Canada and Mexico to "modernize" NAFTA
Oil futures resume downturn ahead of weekly US inventory data One of the main obstacles standing in the way of OPEC's aim to draw stocks lower through supply cuts is rising US production.
US DATA: EIA says March residual exports to Panama were flat year over year In March, US residual fuel oil exports dropped 19% from 502,000 barrels in February.
BIMCO to develop standardized form for syndicated ship financing BIMCO's initiative is significant not only because it has ventured into this segment for the first time, but also against the backdrop of global economic conditions, where obtaining finance for ships has become challenging.
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
ExxonMobil lists cat fines, water washing as main engine issues for ship operators "Operators are constantly under pressure to save money, so efficiency continues to be front of mind," ExxonMobil Marine Global Marketing Manager Iain White says.
FUTURES: Crude dips as worries over supply cut efficacy weighs
HST expands capacity of proposed Mexico City gasoline terminal to 875,000 barrels The $70 million HST-1 terminal will be located in Acolman in the state of Mexico
FACTBOX: Trump nears decision on Paris climate deal Departure from the accord would ultimately undo the signature accomplishment of President Obama's efforts to combat climate change.
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