Product tankers to struggle before summer relief Atlantic basket MR earnings below $10,000 per day but increasing US refinery runs could eventually offer support
Europe must say No to heavy fuel oil in the Arctic If spilled in the colder waters of the Arctic, HFO breaks down more slowly and also emits black carbon, which has a greater climate warming effect at higher latitudes
Suezmax earnings outlook still strong despite recent correction Singapore Maritime Week sees tanker owners vocal about low oil prices and US crude exports
Panamax bulkers dive 17% on limited cargoes Analysts expect quiet few days due to holidays in many countries
Simon Morse eyes organic growth for 'back to basics' ISS End-to-end voyage optimisation central to restructured group's focus on core strengths
Norton Rose adds to Singapore shipping team Two new appointments bolster shipping and offshore oil and gas
VLGC earnings up at cash break-even levels for owners amid Middle East buzz Freight market benefits from additional cargoes out of the Middle East Gulf, soaking up tonnage and firming up sentiment
Norden net profit cut to less than $1m Update: Danish owner and operator says strong first quarter demand for dry cargoes unlikely to be maintained through the rest of the year
Dubai Maritime City Authority to partner Maersk in training initiative Authority intends to position Dubai as a leading maritime scientific centre
HHI to list spin-off companies on Korean stock exchange Move will help the group bring its debt-to-equity ratio under 100%
Patrick Verhoeven jumps ship to IAPH Update: ECSA secretary-general hopes to secure shipping's omission from EU ETS before leaving
CMES halts trading ahead of China Merchants-Sinotrans integration 'Major event' prompts Shanghai-listed CMES to mull asset restructuring
Samsung Heavy Industries inks deal with BW for four VLCCs BW Group confirms $335m order and possible DHT purchase option for the newbuildings
Terminals face significant changes under alliance reshuffle A 'carrier-centric' approach is necessary to avoid overcapacity
FMC bars Japanese lines' pre-merger negotiations Companies must merge before acting like merged companies
Jeremy Nixon linked to top job at new Japanese line There has been no official word from NYK, MOL or K Line about the name of new entity or its chief executive
Matson's first quarter profit hits the mark Earnings are down year-on-year on lower volumes in key Pacific trade lanes and higher costs.
Dividends not NAT's only problem Hansson faces new dilemna of how to pay for newbuilding programme after lenders shut off the financing tap.
US tug operators chary of boxship alliances Head of US trade group asks for more oversight of containership mergers.
Suezmaxes suffer spot rate 'correction' Howe Robinson spot rate estimate loses 14.1% in one day as charterers drive rates lower.
US and Kassian ask judge to rule on bulker detention Lawyer for the exonerated owner says the US government acted unreasonably in detaining the Electronica in pollution case
Gurnee sees MR rebound by fourth quarter JP Morgan analyst agrees with Ardmore chief that stage set for recovery this year.
NAT hit by covenant and auditing woes Herbjorn Hansson obtains bank waivers, but restrictions in place that will limit future dividend payments.
ABN Amro eyes loans for 'sustainable shipping' Lender will help shipowner clients meet new rules on ballast discharge and sulphur cap.
DNB Markets upgrades Dorian LPG stock Switch to buy comes amid belief the VLGC market is moving towards another up-cycle.
Rumours swirl around Chang Myung capesize Sales speculation this week surrounded a capesize bulker in the fleet of South Korean owner Chang Myung Shipping. Some brokers were placing a figure of $31m on the 179,000-dwt C Discovery (built 2010), a price around $1m more than what VesselsValue estimates the ship to be worth. While rumours in the market had connected Greek owner Navios with the vessel, TradeWinds understands this is not the
Scorpio Bulkers sales chatter unfounded Sources say New York-listed owner is not looking to sell further tonnage after DryShips deal.
Latvian Shipping adds Vitol suezmax Riga owner takes over management of fourth tanker from parent oil group.
Clarksons backs Reach Subsea to prosper Broker starts coverage of Norwegian owner at buy due to expansion potential.
Ardmore beats first quarter forecasts New York-listed owner books smaller then projected loss aided by arrival of newbuildings.
Norden expects dry 'hype' to cool down Jan Rindbo explains strong first quarter Chinese demand unlikely to be sustained, with knock-on effect on prices.
FSL first quarter earnings rise Singapore owner boosted by lack of ship-sale losses compared to 2016.
Crist wins work on STX France cruiseships Polish yard to help French partner to complete two 300-metre vessels.
Alliances 'will not help' NAFTA trade Freight forwarder iContainers says new tie-ups unlikely to boost competitiveness.
Pan-United mulls listing of port business Singaporean group plans to separate its port subsidiary and take it public in Hong Kong.
InterManager signs up first ship registry Shipmanagement association welcomes Marshall Islands as a member.
Investors dumping Rickmers Holding bonds Price drops further as German boxship owner tries to restructure.
Norden back in black for first quarter Tankers help Danish shipowner to book a profitable opening to 2017.
BW revealed as owner behind VLCCs at SHI BW Group has confirmed it has ordered four VLCCs at Samsung Heavy Industries (SHI) in South Korea in a deal worth almost $335m. A company spokesperson told TradeWinds: "BW Group has contracted four VLCCs at Samsung Heavy Industries with various options attached, including other ship types." BW declined to give further information on its optional vessels. Referencing DHT Holding's March announce
Tanker leaks oil after collision Tug breaches hull of Antares Naviera ship in Buenos Aires.
Seadrill Partners defers quarterly dividend US-listed master limited partnership looks to retain cash until Seadrill restructuring effort settled.
Swiber CFO hands in resignation Leonard Tay leaving restructuring Singapore owner in July.
Panalpina to acquire Kenya-based Air Connection Basel, Switzerland-based international freight forwarder Panalpina will acquire the Kenyan forwarder Air Connection, the company said in a ...
Air China taps WFS for airfreight handling in Barcelona Cargo handling company Worldwide Flight Services (WFS) has signed a three-year contract to provide cargo services to Air China in Barcelona...
AIIS: U.S. steel imports surge in March U.S. steel imports in March 2017 rose 24.7 percent to 3.4 million net tons compared with the previous month and 30.5 percent compared with ...
YM Halts service to Iran Troubled Taiwanese ocean carrier Yang Ming Marine Transport is halting its container service to Iran. Several larger shipping lines began ...
Great Lakes limestone trade down in April Shipments of limestone to the Great Lakes decreased 16.3 percent to 1.6 million tons in April 2017 compared with the same period a year ago...
FMC rejects Tripartite Agreement of 'Big 3' Japanese carriers The Federal Maritime Commission (FMC) is rejecting on jurisdictional grounds the "Tripartite Agreement" (FMC Agreement No. 012475), a propo...
Crude futures turn lower after EIA data shows small crude draw
US DATA: Crude stock draw falls short of market expectations
US DATA: EIA says Gulf Coast ULSD stocks at lowest level of year
First fuel oil Suezmax for May fixed on Europe to Asia arbitrage route
Bunkering at Gibraltar hit by delays amid high demand: sources
External: Wired Bunkering
FEATURE: Piracy spikes shipowners' demand for kidnap and ransom insurance
Panama Canal to see daily LNG carrier transits within 4 years, says CEO The initial projection was for one LNG ship a week but this had already reached three to four ships, Quijano said.
TRADER NOTE: UAE's GAC puts new group sales management structure in place New appointments will help sharpen group's commerical focus
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