APM Terminals still struggling to bring some terminals online Flagship Maasvlakte II out of action six days after ransomware attack
Ballast water convention extension looms large IMO likely to sign off on two-year delay for existing vessels
Minos Kyriakou dies, aged 75 Shipping and media mogul's diverse interests included Athenian fleet of six modern VLCCs
OOIL denies takeover talks again No sale unless high cash premium offered, but analysts say it could be too expensive for Cosco Shipping to acquire...
LA terminal deal bolsters CMA CGM finances Infrastructure fund to take 90% stake in Global Gateway South acquired by French line when it bought NOL
LNG carrier spot rates tease $40,000 per day mark First LNG under Kogas-Cheniere contract delivered, and Rough closure to boost UK LNG
Shell's Prelude lends scale to new era of FLNG Ships are poised to carry cargoes from world's biggest vessel
Handysize trajectory up on grains and nickel Further gains in rates expected over the next couple of weeks, brokers say
Bulk carrier collides with tanker in Dover Strait Crew from both vessels unharmed and all accounted for
Hapag-Lloyd launches notes offering Proceeds to be used for the early redemption of existing bonds
Glickman takes over top role at Zim New chief executive starts work as Rafi Danieli steps down
SHI unveils $237.5m contract price for AET newbuilding order Shuttle tanker pair scheduled for delivery by January 10, 2020
CMA CGM to sell Global Gateway South terminal for $817m cash French container line to sell 90% stake in LA terminal to alternative investments firm EQT Infrastructure
Shipping's environmental commitments head for crunch point Regulators must close the book on ballast water or risk disarray
Japanese trio fail to establish liner shipping joint venture on July 1 But the delay is not significant and an announcement will follow in a few days, says K Line spokesman
Daily Briefing Compliance, transition and enforcement concerns to be tackled in 2018
Keppel sells Rotterdam shipyard to Damen for $26.8m Singapore shipbuilder is rationalising operations amid industry downturn
Seaspan and Gerry Wang in impasse over pay Major shareholder Washington Co still in negotiations on compensation package for Seaspan chief executive
DryShips puts its last newcastlemax on hire George Economou-backed shipowner gets floating rate plus premium for one-year charter.
Loose bolts blamed in Carnival Liberty fire No injuries resulted from fire, but cruise giant asked to improve safety and evacuation procedures.
Awilco LNG wraps up secondary pubic offering Oslo-list LNG shipowner's subsequent offering gets some support after private placement.
Korean yards tipped for solid profits Big three shipbuilders enjoyed positive second quarter, data indicates.
Maersk Broker swoops for Kennedy Marr Danish brokerage broadens its offshore offering with latest acquisition.
Uni-Tankers sees red in weak tanker market Danish shipowner turns a loss in fiscal year 2016/2017 but does not give up on its fleet development project.
Yangzijiang inks six orders worth $133m Chinese yard adds bulker trio, plus three boxship options.
Diana Containerships to reduce share count Reverse stock split will boost Greek owner's price on Nasdaq exchange.
Jinhui launches rights issue worth $23.9m Oslo-listed owner to sell more than 25m shares at a 14.8% discount.
German boxship consolidation moves up a gear L&B and Asiatic/Atlantic Lloyd vessels bring Hanseatic Unity's managed fleet to 233 containerships and bulkers.
'Relocation of Greeks no longer hypothetical' UGS president Theodore Veniamis says half of Europe's fleet at risk due to ongoing tax investigation.
Eli Glickman takes reins at Zim Rafi Danieli replaced at boxship owner by former Israel Electric CEO.
MISC's Faizul Ismail dies Malaysian giant loses former VP of LNG on post-Eid vacation
Bourbon set to close finance deals French offshore owner says all conditions for its 'Stronger for longer' action plan have been met.
Boskalis begins share buyback Dutch owner wants to prevent dilution from 2016 stock dividend.
Japanese boxship merger remains on track K Line, MOL and NYK miss 1 July date for forming operating company, but deal close.
Foremost orders new capesize bulkers New York-owner returns to SWS in China for dry cargo pair.
Greek owner Minos Kyriakou dies aged 75 Founder of Athenian Group and media mogul suffered cardiac arrest in Athens.
Hapag-Lloyd, CMA CGM hit the road for bond financing European containership owners intend to tap "favourable market" as they offer notes worth around $911m.
SWS contests Pacific Radiance cancellation Chinese yard launches counterclaim against owner over scrapped PSV deal.
CMA CGM sells US terminal for $817m French container line offloads a 90% holding in LA's Global Gateway South.
Subsea 7 spends $22.6m on bond buyback Norwegian offshore group now has 48.8% of $700m convertible issue.
Siem Offshore sells South American unit Norwegian owner banks small profit by offloading defence company Consub Defesa e Tecnologia.
DVB warns on 2017 profit on loan risks German bank predicts another tough twelve months due to shipping and offshore exposure.
Kyoei Tanker adds to VLCC ordering rush Japanese shipowner takes large tanker newbuilding tally to three with second order at JMU.
Valles MR struck by bulker in Dover Strait Both vessels sustained damaged, but all crew are accounted for with no injuries or pollution.
Precious bulker runs aground in US Handysize bulker reportedly lost propulsion while transitting waterway. No reports of pollution.
Damen finalises Keppel Verolme takeover Dutch shipyard group completes assimilation of compatriot facility from Singaporeans.
CMA CGM to sell majority stake in LA terminal French ocean carrier CMA CGM will sell a 90 percent equity interest in the Global Gateway South (GGS) terminal at the Port of Los Angeles t...
Hoyer acquires tank lessor CCR Liquid bulk logistics specialist Hoyer Group has acquired French intermediate bulk container lessor CCR. Financial terms of the deal were ...
Gebrüder Weiss raises flag in U.S. market Austrian third-party logistics services provider Gebrüder Weiss is expanding to the United States. The company has placed three U.S. offic...
Glickman takes the helm at ZIM ZIM Integrated Shipping Services Ltd's new president and chief executive officer, Eli Glickman, officially took office on July 1, the Israe...
Logistics accelerator seeking new startups A San Francisco-based logistics technology accelerator operated by the business incubator RocketSpace and the logistics company Kaleido Log...
Executive Moves: ZIM, Kane Is Able and Singapore Shipping Association ZIM Integrated Shipping Services Ltd. has named Eli Glickman president and chief executive officer, effective July 1, taking over from Rafi...
Kerry Logistics buys 50% stake in Asian intermodal broker LPL Hong Kong-based third party logistics services provider Kerry Logistics Network has acquired 50 percent stake in Lanzhou Pacific Logistics ...
EU green lights ONE container JV, members expect SA to follow suit The European Commission last week has approved under the EU Merger Regulation the creation of a joint venture between Japanese shipping com...
Ports of LA, Long Beach to raise Traffic Mitigation Fee The fee that terminals at the ports of Los Angeles and Long Beach charge for moving cargo during daytime hours Monday through Friday is abo...
Virgin Voyages cruise newbuilds to install Wartsila scrubbers
External: Wired Bunkering
Industry awaits cues on IMO global sulfur cap enforcement at MEPC 71 Some said compliance could be over 80%, if the penalty for non-compliance were to exceed the cost of compliance.
SHIPPING QUARTERLY -- DRY BULK: Atlantic Panamaxes set for strong Q3 on LatAm grains exports - Brazil's record grains production will support dry bulk market - Long-haul voyages to Far East promise strong ton-mile demand - Long-term influence on freight rates uncertain
SHIPPING QUARTERLY -- TANKERS: Atlantic dirty freight rates weak at end-Q2, near term-outlook bearish Both Suezmax and VLCC prices are very weak already and the route from West Africa to China basis 260,000 mt, recently saw a seven-month low on June 21.
INTERVIEW: BMS United Bunkers targets over 10% growth in bunker sales in 2017 "As a group, we are interested in strategically growing our Asian operations further in new markets," Kounalakis said.
TRADER NOTE: Fuel supplier Dan-Bunkering appoints new US manager Jensen originally joined the company as a trader in Copenhagen.
FUTURES: Crude higher on Qatar tension, lower US rig count
S Korea's SK offers RMG 380 CST bunker fuel with ISO 8217:2010 standard SK becomes first refiner in the country to offer bunker fuel with the 2010 specifications.
SHIPPING Q2: Asia Pacific dry bulk market holds steady after shaky run Q3 market direction was unclear in the short term due to possible Chinese coal import restrictions at its second tier ports from July 1.
China's SunRui first in Asia to get USCG type approval for ballast water system SunRui is now one of only four manufacturers to have been awarded a USCG type approval certificate for its BWTS, all four of which were submitted by DNV GL.
Kurdish crude tanker appears off Canada, Vitol seen as buyer - Iraq in contact with Canadian authorities - Tanker carrying 700,000 barrels of crude
ANALYSIS: Asian oil buyers cautious despite clarity on Qatar co-loading - Asian buyers start seeking alternatives to Qatari oil - Dependence on overall Mideast volumes intact
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher