Oldendorff to use 'smart' data to cut fuel costs The technology will lead to a reduction in the fleet's carbon footprint
A logistical nightmare The UK's decision to leave the European Union has left forwarders in the dark over the future of the supply chain
This is why Bourbon is in trouble Offshore sector still feeling the sting of oil price collapse in worst market for 30 years
Bourbon lease deal worth $1.5bn on the rocks Negotiations between offshore giant and ICBC 'not going well'
Spot market rejects latest carrier price push Container lines left playing the April Fools as third successive attempt to hike rates falls flat
Higher debt costs pinch shipowners Rising interest rates increase cost of debt by 0.5% to 1%
MOL to delist from Nagoya Stock Exchange Move partly due to low traded volumes on the board
Creditors demand written pledge from DSME union not to strike Union will have to submit pledge by next week
Evergreen Marine plans $263m bond issue Proceeds will be used to pay back bank loans and improve liquidity situation
HMM receives shipbuilders' proposals for up to five VLCCs The carrier is evaluating the proposals with the bidding process yet to start
FMC's revised shipping service contract rules come into effect May 5 Move to streamline regulatory processes and costs for ocean shipping businesses
Nasdaq exchange regulator seeks to delist Ocean Rig Ocean Rig's shares to suspend trading on April 6 unless appeal is successful
Eagle Bulk looks past fourth-quarter losses Fleet renewal on the way with nine-vessel acquisition and the earmarking of 16 vessels for sale
Euroseas goes ahead with discounted kamsarmax newbuild Greek owner convinced by Chinese yard's 10% price reduction, coupled with signs of market recovery
Trump picks McAleenan as permanent CBP commissioner Acting Deputy Commissioner Kevin K. McAleenan has been nominated by President Donald J. Trump to be commissioner of Customs and Border Prot...
FMC provides date for new rule amending service contracts, NSAs The Federal Maritime Commission (FMC)said its final rule amending requirements for service contracts and NVOCC service arrangements (NSAs), ...
Lower Mississippi River could gain new container port Source: American Patriot Holdings LLC. Plaquemines Port Harbor & Terminal District and American Patriot Holdings LLC want to build a con...
Special Coverage: Ocean freight invoicing errors There are plenty of variables to quantify the impact of ocean freight invoice inaccuracies, but here's a simple one: the Atlanta-based food...
Swiss Post gets green light to begin drone flights Swiss Post, the national postal service company of Switzerland, has been given the green light by Switzerland's Federal Office for Civil Av...
K + N becomes Grünenthal's global transportation provider Kuehne + Nagel, a Swiss-based third-party logistics provider, and Grünenthal, an international research-based pharmaceutical company, agree...
Chao: Trump's $1t infrastructure plan to include 'more than transportation' President Donald Trump's purported $1 trillion infrastructure plan will cover far more than just transportation infrastructure, U.S. Secret...
US DATA: EIA says January fuel oil imports fall from last month Import data showed a total of 6.758 million barrels of fuel oil came into the US, down from 7.074 million barrels from December, as well as the 2016 average of around 7.29 million barrels.
Glencore sells stake in oil storage business to China's HNA Group The transaction will result in a newly incorporated company, HG Storage International Ltd. Under the deal, HNA Group will acquire a 51% equity interest, which is payable in cash upon closing, subject to customary closing adjustments.
Storm hampers bunker operations at Novorossiisk Deteriorating weather has meant tighter restrictions on operations at Russia's Black Sea port of Novorossiisk, with bunker operations also hit, sources said Friday.
Singapore Q2 ex-wharf 500 CST bunker fuel term at $3-$3.50/mt discount This is broadly in line with current quarter term contracts that were concluded at discounts of around $3/mt to MOPS 380 CST HSFO assessments.
External: Wired Bunkering
Bunker association IBIA appoints new acting board from April 1 The association's new chairman is Robin Meech, from Marine Energy and Consulting.
FEATURE: LNG bunkering still a key solution to IMO's 2020 sulfur cap rule Stricter regulations, ample supply, and incentives for infrastructure will promote LNG as a marine fuel
FUTURES: ICE Brent edges lower ahead of contract expiry
Container shipping may grow 2%-4% in 2017 as economy revives: Maersk Supply and demand for container ships is now more balanced but better capacity management will be required.
ANALYSIS: Market expects large EU CO2 emissions drop in 2016 Analysts broadly expect a year-on-year drop of 2-4% for CO2 emissions across the EU ETS in 2016, ahead of the partial data due for release April 3.
Iraqi oil output falls sharply, but still above OPEC allocation Iraq is committed to "fully implementing" the OPEC cut, Alamri said.
TRADER NOTE: Ex-Petrochina head of crude trading to join Mercuria: sources
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