Global Ports Holding sets pricing for $200m London IPO Turkey-based port operator will use earnings to fund acquisitions of potentially 20 new assets globally
Cosco takes a lead in supramax scrapping Chinese state giant ploughs ahead with bulker demolition ahead of expiration of Beijing's subsidy scheme
DryShips eyes rebuilding revenue as first new bulker arrives First newcastlemax goes on one-year charter to Cargill
Handysize bulkers begin sharp descent as charterers hold back Earnings fall from 2017 high as Atlantic and Pacific trades weaken
Liverpool mulls free trade zone Liverpool is looking for a pilot area for a post-Brexit free trade zone as port looks to grow America's trade share
Is this the tipping point for LNG fuel? Shipowners back gas as green solution with cold hard cash
VLCC rates to remain choppy, asset prices lower for longer, Euronav chief says Paddy Rodgers talks shipping cycles, oil markets and tanker demand from US crude exports
DSME faces lawsuit from Korea Post National postal service looking to claim back 15% of DSME's corporate bond value
Nigeria LNG hits export milestone, but where are new trains? Africa's major LNG exporter has yet to push through long-awaited expansion plans
Delays and cancellations cripple CSSC Holdings bottom line Company suffers recurring net losses of $420m
Korea Line inks deals for two gas carriers and four dry bulk vessels Bulkers will be used for a long-term coal shipping contract it had sealed earlier
Marco Polo Marine suspends shares after hitting restructuring roadblock Debt negotiations hit wall, with some creditors demanding immediate debt payment
Data Hub: Trade Statistics European trade on the up
Salvors must adapt to the age of social media and giant ships Bigger vessels have led owners' requirements to exceed the capability of salvage companies, says industry veteran Peter Townsend
Falling crane at SHI yard leaves six dead Updated: 25 workers sustained injuries and were rushed to hospital
Fredriksen's Seadrill unloads three rigs to Shelf Drilling Move comes as the company prepares to start comprehensive restructuring measures
Vard wins order for research expedition vessel Ship to enter service by 2020
With MPSV delivery, Harvey drops the mic in Jones Act debate Offshore vessel owner says its newly-delivered, US-built offshore construction vessel can do the work of its foreign competitors in protected US waters.
Cosco boxship is largest through Panama Canal Containership squeezes through new locks as part of Asia to US East Coast service.
GSL optimistic for small and midsize boxships CMA CGM-backed containership owners says subsectors have improved fundamentals for 2017.
Fesco earnings delayed amid debt talks Moscow-based boxship owner says results will depend on outcome of restructuring.
Global Ship Lease posts gain in profit New York-listed containership owner reports in-line result as it cuts costs.
Celsius taps ABN AMRO for ballast installation cash Jeppe Jensen-led owner seeks to install ballast gear as USCG extensions run down.
Golar gains ground after FLNG 'milestone' Shares moving upwards after umbrella deal moves FLNG project a step closer to final investment decision.
Global Ports prices $200m UK IPO Turkish group set for market cap of up to $696m through London sale.
Cosco Shipping back in the black Boxship arm of unified group turns around big loss in first quarter.
UK Chamber: 'seablindness' is myth Poll shows public recognise shipping as biggest mover of cargo.
Dan Sten Olsson reveals $2bn war chest Stena AB CEO says money could be used for acquisitions after tanker and ferry group posts reduced profit for 2016.
Zvezda Shipyard receives cash injection New state Russian plant could bank $143m to pay loan interest.
DNB Markets lowers Norden forecasts Analysts now believe the Danish shipowner will post a loss for the next two years.
Israel Shipyards stake up for grabs Sko-Car and Gold Bond in talks to acquire 19% stake in shiprepairer.
Singapore Shipping hires new finance chief Group financial controller promoted to CFO's chair at SGX-quoted shipowner.
Solvtrans orders biggest ever fish carrier Oaktree-owned company heading to Havyard for $58m newbuilding.
OSM capitalises on offshore upturn Shipmanager says it has added more than 200 crew and eight ships this year.
Samsung ordered to halt Geoje operations Government steps in after six workers killed in crane collapse.
Samsung Heavy Industries returns to VLCC market New $335m contract will be the yard's first involvement in the sector for over half a decade.
Golar confirms Fortuna project milestone Tor Olav Troim-backed company says umbrella agreement sets FID on course for mid-2017.
DSV's revenues, profits surge in Q1 Danish global transport and logistics provider DSV reported a gross profit of DKK 4.2 billion (U.S. $617 million) for the first quarter of ...
Gov. Christie unveils date of when 18,000-TEU ships can sail under Bayonne Bridge Ultra-large containerships carrying up to 18,000 TEUs will be authorized to pass beneath the Bayonne Bridge between New Jersey and Staten I...
Maersk to take delivery of 27 ships within next two years Maersk Line is taking delivery of 27 ships over the next two years, which will have a combined capacity amounting to 11 percent of its curr...
Daseke to merge with fellow open-deck truck operators Addison, Texas-based Daseke, Inc. will merge with fellow open-deck trucking operators The Schilli Cos. and Big Freight Systems Inc., the co...
FourKites partners with BluJay Solutions Logistics software providers FourKites and BluJay Solutions entered into a formal partnership, bringing together BluJay's transportation ma...
Hub Group earnings tumble 42% in Q1 2017 Hub Group, Inc. saw net income tumble 42.5 percent year-over-year to $10.3 million in the first quarter of 2017, according to the company's...
Bulk carriers launch G2 Ocean JV Ocean carriers Gearbulk and Grieg Star have completed and launched a new joint venture called G2 Ocean, Grieg Star Chief Executive Officer ...
U.S. Class I railway employment growth continues in March Class I freight railroads in the United States employed 149,323 workers as of the middle of March 2017, a 2.86 percent decline from 153,723...
Protests at Argentina's YPF continue, hitting upstream output, refining runs
BP expects oil prices to remain $50-$55/b in 2017: CFO
Oil futures keep sliding as ICE Brent approaches $50/b
Norwegian Maritime Authority gearing up for 2020 with range of cleaner fuels
FEATURE: Bunker industry uncertain over response to sulfur cap Inertia among shipowners looking at how to respond to the IMO's decision remains a concern.
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
FUTURES: Oil lower on lack of fresh drivers
TANKERS: Euronav's grounded VLCC slated to be refloated after 3 weeks on May 4 "According to the current tentative schedule, the lightening operation will start on May 1, expecting the ship to be relfloated from May 4," Euronav said.
Extension of OPEC/non-OPEC production cut deal near certain - analysts "The cuts will have to be extended even beyond this year, to the middle or even the end of next year", Fereidun Fesharaki, chairman of consultants FGE said.
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