Yard Talk | How much is Beijing willing to pay? After the South Korean shipbuilding haemorrhage in offshore, now it is China's turn
Barge waiting times still fluctuating at Rotterdam and Antwerp Congestion surcharge remains despite situation improving in the last few weeks
HMM orders $162m boxship pair from Hanjin Heavy Industries 11,000-teu duo to be deployed on Asia to east coast of South America routes
HSH increases lending to shipping industry Bailed-out lender 'increasingly becoming normal bank', says Ermisch
Grounded bulk carrier in Baltic Sea refloated Star of Sawara will proceed to Kalundborg for inspections
Consolidation is driving digitalisation Container shipping has been slow to digitalise but is rapidly seeing the benefits
US-Asia VLGC trades disrupted by Harvey Middle East VLGC markets get a boost as buyers seek to plug supply gaps
Capesize earnings dip but optimism prevails Despite the slight week-on-week fall, market sentiment is still strong on loadings from Brazil
Container losses fall despite major incidents Regulatory efforts and moves by lines themselves have seen the number of containers lost overboard fall in recent years
Confidence in shipping's risk management improves Industry pats itself on the back but market threats persist
MPC Capital first-half numbers fall Parent of rapidly-expanding MPC Containerships registers reduced earnings before tax
Cosco Shipping to introduce new investors for OOIL acquisition Recruiting investors from shipping and related industries will help maintain OOIL's Hong Kong listing
The great 22,000 teu ship race MSC and CMA CGM push the bigger is better agenda
Data Hub:Trade Statistics Outlook for third-quarter trade is positive
DVB loses $600m in first half, with shipping to blame Provisions raised five times over, says Bedranowsky
Extrapolating Murphy's Law There is enough to worry about in all the things that can go wrong in a ship at sea, without...
China Merchants Port profit boosted by stake sale in CIMC Group saw $103.9m gain from sale of CIMC shares
Monsoon floods hit port operations in Mumbai Operations are expected to be suspended until further notice
Hyundai Mipo Dockyard closes dock at Ulsan amid dearth of projects Dock to be temporarily closed for three months following a dock closure at Hyundai Heavy Industries' Gunsan facility
Ship Finance International shrinks dividend by 22% John Fredriksen-linked company prepares for tanker market weakness and sister firm Seadrill's upcoming restructuring
Strong currents hamper Corpus Christi drillship salvage operations Port has opened internal waterway to small vessels but remains closed to commercial traffic
Cosco Shipping Development forms joint venture microfinance firm New venture to offer financial services to small and medium firms in the shipping and logistics industry
Yangzijiang to raise over $150m from share placement Proceeds to be used to finance new investments and business expansion
Daily Briefing
Belships extends time charter with Cargill Extension to bring in $2m in earnings before interest, taxes, depreciation and amortisation
MPC Container Ships adds six to fleet Vessels purchased from various owners for $57m in total
New Zim boss keeps focus on profitability Chief executive Eli Glickman says small niche carriers can be more flexible than lines stuck in alliances
SEC issues subpoena to DryShips Inquiry covers stock purchase agreements with Kalani that raised nearly $700m for George Economou-led firm
Port Houston readies to accept boxships Two major container terminals serving the US Gulf Coast expect to be open Friday.
JX Ocean VLCC sale shows stable asset values Sinokor tipped to have taken veteran tanker at between $21m and $22m.
Hurricane Harvey hobbles major shipping corridor But operational problems and short-term reduced cargo demands could give way to positives elsewhere for shipping
Storm triggers much needed support vessel work
Atlantica buys boxship and inks kamsarmax at China's Jiangsu Hantong
Blackstone seeks out buyers for trio of veteran aframaxes
Coral Shipping expands again
Flex locks away sublet LNG carrier duo on term deals
Jamaica set for upgrade to FSRU as power needs grow One of two small-size, unemployed floating regas units rumoured to be in the running for a new role in the Caribbean
Cyprus revisits FSRU solution 10 years after plan scrapped
Nexans expands cable layer fleet with sub-$150m order in Croatia Another cable maker gearing up with vessel investments to cash in on rise in offshore renewable energy
Foremost Maritime back at Oshima for kamsarmax bulker pair
Bahri Dry order ends Hyundai Vinashin bulker drought
Olam International finally takes plunge into shipowning Trader with a previous dislike for owning vessels has followed industry trend and swooped for four ultramaxes costing $80m
Oldendorff buys Chinese bulker for firm $14m
Bangladeshi MPP set for auction to settle yard claim
Kmarin sells supramax sistership
Singa Star offloads another cape
Chios readies sale of cash cow bulker
Stealth seeks to sell second MR tanker
Repsol takes RS Tankers suezmax long-term
Sale of ex-Livanos chemical tankers nears completion String of bank-led auctions leaves single unit of Zhenjiang-built sextet to go
Genco goes in pursuit of a $1bn marriage President and chief executive John Wobensmith says shipowner's focus is on gaining 'bellwether' market cap primarily through the mergers-and-acquisitions channel
CWR takes fresh approach to carbon
Hammonia fuel savings retrofit test falls short Insufficient operating information prior to modification blunts results but fuel savings sufficient to trigger profit-sharing clause
Online auction start-up aims to cut bunker costs Start-up aims to drive down further already squeezed margins in bunkering industry.
Airbus is helping maritime cyber security site take off Deal with European aircraft manufacturer promises security and performance for anonymous maritime information portal
RMS: Damage from Harvey could reach $90b According to global risk modeling and analytics firm Risk Management Solutions (RMS), economic losses from Hurricane Harvey could cost as m...
Kerry Logistics thrives in first half 2017 Kerry Logistics recorded net earnings of $576 million Hong Kong (U.S. $73.6 million) on revenues of HK $13.7 billion for the first half of ...
Cargo shipping tech specialist MTI completes blockchain pilot Seattle-based logistics company Marine Transport International (MTI), in conjunction with London-based technology company Agility Sciences,...
IATA-FIATA joint air cargo program takes off in Canada The International Air Transport Association (IATA) and the International Federation of Freight Forwarders Associations (FIATA) have introdu...
U.S. investigates Canadian paper imports for dumping The Commerce Department on Wednesday initiated antidumping and countervailing duty investigations to determine if uncoated groundwood paper...
Narvar acquires Indian logistics startup San Francisco-based Narvar, a software-as-a-service (SaaS) firm, has acquired Indian logistics startup GoPigeon. Financial terms of the de...
Llamasoft, Zipline partner on drone deliveries of medical supplies Supply chain optimization technology firm LLamasoft has partnered with drone delivery system company Zipline to deliver urgent medical supp...
TRAC expands premium chassis pools, services at largest U.S. ports New Jersey-based intermodal chassis pool manager and equipment supplier TRAC Intermodal is expanding the availability of its relatively new...
New training program developed to help reefer truckers meet regulatory requirements The International Refrigerated Transportation Association has developed a free new training program that it says will help drivers of tempe...
ARA fuel oil inventories surge to 21-week high on closed arbitrage to Asia Fuel oil inventories rose by 27% or 296,000 metric tons to 1.374 million mt in the week to August 31.
Mixed effect on European, African bunkers from Brazilian supply glitch Suppliers have reported increased buying interest at Port Elizabeth South Africa, Walvis Bay, Namibia and Las Palmas, Spain as a result of the Brazilian supply glitch.
Rotterdam bunker fuel premium over HSFO barges reaches four-week low The premium of bunker fuel at Rotterdam over high sulfur fuel oil barges narrowed to its weakest point in over four weeks Wednesday amid increased buying interest for barges.
External: Wired Bunkering
TANKERS: Persian Gulf vs Red Sea freight premium disappears as Harvey disrupts trade There is more demand to load distillate cargoes for delivery into ports in the West, and this has completely reversed the situation.
Libya detains 20 Filipino seafarers for alleged fuel smuggling: report The Liberian-flagged tanker Levantwas carrying more than 6 million liters (1.6 million gallons) of gasoline.
FEATURE: LPG bunkering - debate intensifies, but ground reality not so near "Split incentives" acts as an impediment to LPG bunkering.
Japan may seek UN oil embargo against North Korea - China unlikely to go along with proposed embargo - North Korea relies on decades-old aid deal for crude supply - President Trump pushes for stronger response
- 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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
