Seago profits slashed by half Maersk Line's shortsea specialist sees profits fall to $75m as rates reach an 'unsustainable level'
Cosco Shipping close to inking Walmart transpacific contract terms Ocean Alliance members expect improved Asia-US rates this year after record lows in 2016
Lloyd's List Americas Awards 2017 finalists announced Awards recognising the best in shipping in North, South and Central America to be announced at a gala evening in New York City next month
New alliances fail to reassure European shippers as cargo backlog grows ESC expresses concern that delays on the backhaul Europe-Asia trades could be a sign of things to come in new alliance era
German owners on the brink Non-operating owners are running out of options
Epic Gas refinances 14 LPG carriers with new $90m facility Gas-carrying company now has no refinancing requirements until 2019
Bureau Veritas' Donche-Gay promoted Mr Donche-Gay will lead the class society's digital-led business transformation
Sabine Pass exports 100th cargo of LNG Cargoes from US Gulf should soak up tonnage and improve rates for vessels
Rates below Frontline's breakeven, but over operating costs VLCC volatility in action as earnings at year-to-date lows, down from $50,000 per day in January
Brexit boost for UK steel to increase handysize demand UK's exit from the EU will increase steel imports which will, in turn, raise demand for geared vessels
HHI to invest $3.1bn in R&D HHI aims to allocate about 6%-7% of its annual sales to product research in the longer term
AET plans LNG fuel option for half its fleet Tanker operator's move is the single largest commitment to LNG propulsion by a major shipowner so far
KHI to shift merchant shipbuilding to China Japanese businesses to suffer 30% cuts in order to focus on gas vessels
Singapore and Japan deepen collaboration in port sector Areas of co-operation include port planning, port management and technological development in the port sector
Shipowner action on sulphur cap still a year off Wärtsilä chief expects investment decisions on fuel-switching technology and scrubbers from 2018
Yangzijiang clinches 13 shipbuilding orders worth $318m The Chinese yard sees recovery signs in secondhand vessel and bulk carrier markets
MHI inks initial pact with compatriot yards Imabari and Namura The trio are working on a commercial vessel partnership
US court dismisses EIG's claims against Sembcorp Marine Claims related to alleged Petrobras and Sete Brasil corruption case
SGX could start LNG freight index and bunkering contracts Exchange has launched its third LNG price index for the Middle East/South Asia region
Between the lines: Alliances analysed As the new alliances launch their new services, we take a deep dive into their network operations
Heady mix for transpacific box trades as shippers brace for alliance confusion Ocean carriers and their customers are negotiating rates and volumes just as lines inaugurate new vessel sharing arrangements and union bosses mull an offer from employers
Second-hand bulkers continue value surge Data from Shipping Intelligence and the Baltic Exchange show significant gains in dry-bulk assets.
Bigger fleet, better rates boost Seanergy But New York-listed bulker owner still sees fourth quarter loss as financing costs rise.
Martel formally takes CEO role at CSL Montreal-based bulker owner also names other executives as part of Martel's transition.
Investors lash out at Ocean Rig bankruptcy Highland Capital takes aim at Economou and DryShips, but Ocean Rig says it's the target of vulture investors.
Eagle Bulk confirms sale and closes on loan Gary Vogel-led owner sells sixth ship in a year as it closes in on debt to support Greenship fleet deal.
Navios starts up South American ore terminal Logistics unit of Navios reiterates Vale's commitment to project, but others may use it too.
Shell signs LNG deal for SCF tankers Major's LNG bunker tanker newbuilding to supply fuel to Sovcomflot's groundbreaking aframaxes.
Arctia profit falls in 2016 Finnish icebreaker owner sees revenue dip in "very mild" winter.
DryShips taps Kalani again as $662m spending spree closes George Economou-led owner turns to investment partner for more funds after buying 14 ships in quick succession.
NAO's chief executive Bjorkli to depart Former RS Platou shipbroker to exit New York-listed offshore vessel owner on 'excellent terms'.
Norway blocks Eimskip's Nor Lines takeover Owner's move for short-sea player would "significantly impede" competition.
AET powers new aframaxes with LNG Malaysian owner set to equip newbuildings under construction at Samsung with dual fuel engines.
SMIC buys chunk of ro-pax group 2Go Philippines investor takes 34.5% stake in ferry company.
MR tankers pull back LRs, aframaxes and suezmaxes also slip but VLCCs regain ground.
Howe Robinson hires tanker trio Former Brassington Chartering men join brokerage's London tanker desk.
Pakistan warns owners on surcharges Lines face legal action unless they drop port congestion fee.
Winning in pole position on growing bauxite trade Singaporean owner's dominance of capesize S&P arena bettered by stranglehold on Chinese bauxite shipments.
Costamare newbuilds now all employed Five Hanjin Subic vessels have each now found time charters in an improving market.
Somali pirates strike again Assailants reportedly hijack Indian cargoship off the semi-autonomous region of Puntland.
Alassia charged over 2015 bulker spill Canada launches case against Greek operator after English Bay incident.
PGS utilisation slides in first quarter Oslo-listed seismic shipowner sees contract cover drop to 53%.
Tsakos tied to products tanker deal Greek owner said to have picked off 12-year-old ship at new price low.
HNA linked to HSH Nordbank takeover Chinese shipowner said to be among more than five bidders for German shipping lender.
Petronas to make floating LNG production history Malaysian energy company set for landmark event with debut shipment expected to head for South Korea.
Ezion banks $70m from Malaysian sales Singapore owner offloads 50% stake in subsidiaries to Sea Explorer.
Odfjell Drilling semi-sub wins well charter Owner says Deepsea Bergen will work on Norwegian shelf in Q2.
Dorian LPG explores trip to bond market New York-listed VLGC specialist hires banks to set up fundraising effort.
HHI spending $3bn on research Yard and newly spun-off affiliates up development budget through to 2021.
HHI to invest $3.1b in R&D by 2021 Hyundai Heavy Industries Group (HHI) will invest $3.1 billion in research and development (R&D) by 2021, the South Korean shipbuilder s...
New research group addresses supply chain blockchain relevancy A new research group aimed at helping the supply chain industry better understand the application of blockchain technology has released a n...
FMC's Khouri to meet with European, Chinese regulators Federal Maritime Commission (FMC) Acting Chairman Michael Khouri said he will be in China this month for a third round of joint discussions...
Cary Island, Malaysia could gain new 'maritime city' Malaysianport operator MMC Port Holdings will partner with Adani Ports and Sime Darby Property under a memorandum of understanding (MOU) to...
Ethiopian Airlines launched two new freighter routes to Europe Ethiopian Airlines has launched two new freighter routes to Europe- one to Milan, Italy on April 2 and one to Zaragoza, Spain on March 28. ...
MPA extends port dues rebate for vehicle transshipments The Maritime and Port Authority of Singapore (MPA) has extended a program under which automobile carrier operators handling transshipment v...
UPS adds Saturday delivery to speed e-commerce operations UPS Inc. is adding Saturday pickups and deliveries in an effort to accelerate e-commerce shipping operations, the company said in a stateme...
Federal judge dismisses CSX fuel tax lawsuit A federal judge has ruled in favor of the state of Alabama in a lawsuit surrounding the state's use of a fuel tax on railroad operators. T...
More shipping lines agree to cut terminal handling charges in China Seven more container shipping lines, including OOCL and ZIM,have offered to cut terminal handling charges in China, the Xinhua News Agency ...
ANALYSIS: Turkish security concerns to weigh on local bunker fuel demand Tourist numbers in 2016 dropped 25% year on year to 31.4 million, data from statistical agency Turkstat showed, and some governments have issued warnings about travel to Turkey in 2017.
ANALYSIS: 2020 IMO sulfur cap to push shipowners into distillates pool The problem is that estimates of refinery capacity fall well short of projected distillates demand.
DRY BULK: Very Large Ore Carrier Stellar Daisy goes missing in Atlantic Ocean The vessel with 24 crew on board disappeared after making its last contact on Friday.
External: Wired Bunkering
FUTURES: Crude ticks lower on rising US rig count
DRYBULK: Spike in movement of dry bulk products on PG-India route in Q1 Platts has recorded 39 spot orders to move dry bulk cargoes between January and March this year, versus 31 cargoes last year.
FUEL FOR THOUGHT: Japan pushing to retain Abu Dhabi oil concessions Competition for concessions is expected to be intense.
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