Pirates board and rob tanker off Indonesia Singapore Strait piracy escalates despite regional efforts
Room for a lessor role Carrier consolidation may be shrinking the customer pool and enhancing the competition, but the traditional box lessors will always have...
Rio Tinto's dwindling African focus is bearish for shipping Huge dry bulk volumes that had been expected may not come to fruition
China extends global presence with strategic stake in Valencia Cosco Shipping Ports seals $224m Noatum Ports deal as JP Morgan scales back its port interests
Daily Briefing Buy Rickmers, get $200,000 top golf club membership free
Euronav expresses worries over newbuildings after third-quarter loss Tanker giant hurt by weak spot earnings amid oversupply
UK Club to unveil Brexit plans by year end Shift of domicile may be one option for P&I insurer
Supramax freight rates drop but sentiment remains positive Rates may be boosted in coming weeks due to active Australian market
Caribbean VLCC rates hold firm on US and Venezuelan exports PDVSA scratches by with $842m bond payment as US crude exports on track for fresh monthly high
HSH bondholders seek equity swap Noteholders controlling $814m of landesbank table offer after HSH receives privatisation bids
BIMCO appoints head of comms Copenhagen-based industry association seeks a stronger international presence
Danaos pessimistic over any recovery in 2018 on tonnage overhang Despite conservative outlook, company manages to return to profitability amid improved rates
Star Bulk unveils commodities logistics unit Logistics arm to help link up origination and destination of dry bulk commodities
Classified military vessel data leaked from DSME after 2016 North Korea hack Leaked documents contained details of vessels owned by the South Korean government
K Line back in the black as global trade recovers But shipping line plays it safe by revising results forecasts for the 2017 fiscal year lower amid geopolitical uncertainties
Precious Shipping to pay arbitration-related costs to Chinese yard Thai dry bulk operator will repay an outstanding $32m loan to Sanfu yard plus simple interest at 6% per annum
Weaker Japanese yen and higher bunker prices weigh on MOL results Despite lacklustre spot rates, increased backhaul cargo volumes from Europe to Asia helped trim operating losses in boxships
NYK raises full-year net profit forecast to $97m as conditions improve Japanese giant reports first-half earnings of $55.7m as container shipping business benefits from brisk traffic while dry bulk operations improve...
Kuribayashi Steamship to order new ro-ro ship as part of fleet replacement strategy The new vessel will replace the 1999-built Shino Maru, which has a capacity of 11,790 tonnes
CSET board approves 14-tanker order Newbuilds include five very large crude carriers
Evergreen launches $254m share issue Taiwanese container line selling shares to pay off existing debt.
Trafigura taking suezmaxes on short-term Trading firm goes to frequent strategy of one- to three-month hires as part of latest activity.
Rodgers urges owners to drain market of older tankers Euronav chief also has direct words for anyone with a hand on the order tap.
Silver Star aframax boarded by pirates Crewman tied up by armed men who stole engine parts off Indonesia.
Scorpio Bulkers sights kamsarmax resale New York-listed owner linked to vessel under construction at Yangzijiang.
Azuma Shipping logs earnings rise Japanese cement carrier company boosted by bigger revenue.
Meiji Shipping making more money Japanese tanker and bulker owner sees six-month earnings rise on higher revenue.
Cosco Energy buys into MOL's Yamal LNG ships Chinese state owner reveals gas carrier deal and orders for 14 tankers including four VLCCs.
Hoegh LNG shares slide on ExxonMobil move Shipowner's stock down over 5% as oil major's exit asks questions of Pakistan project.
Precious loses $32m Sanfu claim Tribunal rules against Thai owner in row over promised bulker fuel savings.
Sanoyas swings back into black Sanoyas Holdings returned to the black in the first half of the fiscal year. The Japanese shipbuilder logged a profit of JPY 280m for the period, overturning a loss of JPY 3.2bn at the same stage 12 months ago. Despite the turn around, it is keeping its full-year profit forecast unmoved. It projects a bottom line of JPY 100m, against the JPY 2.4bn loss seen in the previous fiscal year.
NS United surges back into black Japanese bulker owner profits from rising revenue in first six months.
Fjord 1 sets course for Oslo bond market Capital markets newcomer is planning to print some more paper.
SD raising $24.5m for PSV buys Oystein Spetalen company selling stock to existing investors to fund expansion.
HHI and HMD beat forecasts amid positive market outlook South Korean shipbuilders clock up stronger than forecast third quarter numbers.
Euronav: Crude tanker outlook mixed with inflection point unclear Paddy Rodgers-led tanker owner says bath can't balance without discipline at both ends.
North Korea 'hacked into DSME' South Korean politician claims vessel blueprints stolen in cyber attack last year.
HSH bondholders propose equity swap Holders of $815m of debt could take a chunk of bank in privatisation.
Carbon War Room: ominous signs on fuel use Director Maurice Meehan says cheaper bunkers could be increasing emissions levels.
K Line manages to reverse year ago loss Smallest of Japan's big three rides recovery in liner sector, even offshore arm returns to the black.
NYK back in the black on lack of writedowns Japanese owner sees improved financial performance as two main segments return to profit.
MOL sees weaker first half in 2017 Japanese shipowning giant posts significant improvements in bulker and boxship segments.
Panoil Petroleum placed under judicial management Bunker supplier, which had licences revoked by MPA, says move is best way to protect firm.
Wintermar squeezes out third quarter profit Jakarta-based offshore vessel operator turning more positive as domestic market shows signs of life.
DeepOcean in hunt for new chief executive Chief operating officer Ottar M'land set to fill position temporarily at offshore vessel operator.
DHL Express opens gateway facility at O'Hare International Airport DHL Express has opened a $10 million gateway facility at O'Hare International Airport in Chicago to expand its Midwest operations, the parc...
Commentary: 3PL tips to minimize costs, prevent losses during holiday shipping With the holiday shipping season nearly upon us, Salt Lake City-based 3PL services provider Unishippers Global Logistics is offering some a...
Danaos reports 32% growth in Q3 profits Athens-based containership owner Danaos Corp. reported adjusted net income of $30.1 million, or $0.27 per share, for the third quarter of 2...
Report: Global cross-border M&A on the rise in Q3 2017 Cross-border mergers and acquisitions (M&A) grew in major markets during the third quarter of 2017 compared to the previous quarter, de...
Port Everett to solicit bids for South Terminal expansion The Port of Everett Commission will begin soliciting construction bids for the port's South Terminal Modernization project, the Pacific Nor...
Charleston port stays course on dredging The U.S. Army Corps of Engineers has awarded a second $213 million contract to Great Lakes Dredge and Dock Co. to carry out the remaining d...
Japan's 'Big 3' carriers see revenues skyrocket in first half FY2017 Japan's three largest ocean shipping companies - Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui O.S.K. Lines, Ltd. (MOL) and Kawasaki Kis...
Oil rise before expected draw in US crude, product stocks NYMEX December crude touched $54.46/b Monday, and topped that mark Tuesday hitting $54.58/b.
TENDER DATA: S Korea's Hyundai Oilbank seeks term bunker fuel for Jan-Dec 2018 380 CST bunker fuel and 180 CST bunker fuel, delivery to Singapore.
NWE bunker fuel hits 28-month high on strengthening crude: traders Bunker fuel prices for vessels loading in the Northwest European ports of Hamburg and Rotterdam reached 28-month highs Monday, tracking strengthening Brent crude prices.
Aegean says Singapore office 'scaled down,' weighs license as bunker supplier "It's impossible to make money in this market, Singapore is incredibly competitive," company President Jonathan Mcilroy said.
External: Wired Bunkering
Japan's Sojitz buys stake in Spanish LNG terminal, plans to offer bunkering Reganosa plans to use the terminal as an LNG bunkering station for ships using LNG as a marine fuel.
FUTURES: Oil elevated on cut extension; Brent/WTI nears 2-year peak
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