CMA CGM offloads 90% stake in Los Angeles terminal Company to make about $820m from the deal
Maersk to move Hamburg Süd fleet from German flag Future of dry bulk and product tanker fleet to be considered in due course following takeover
Box lines fail in latest rate hike attempt Weak spot market on major trades shows no let up as December GRIs and box benchmarks fall flat
Russia seizes three-tonne caviar shipment Plastic containers of caviar hidden in vessel's ballast compartment
Tanger Med eyes transhipment growth Moroccan port's location gives it a unique position in the transhipment market, but will demand meet its ambitious growth plans?
Shipbuilding: Stage set for yards' game of survival Despite the market bottoming out, more yards face the death knell
Caribbean aframax tanker market turns bullish US exports offer respite in broad weakness of crude tanker markets
Daily Briefing Gulf in shipping industry's gender pay gap revealed
Sovcomflot and Cardiff TMS Gas are lead choices for Total tender Energy major said to have driven hard bargain for seven years' employment for up to four LNG carriers
Rasmussen Group offloads stake in Norden Norway's Rasmussen makes $90m from sale of 11.5% holding
Search for crew under way after general cargo collision in China Twelve seafarers missing as another 13 are reported as safe
Torm gets approval to list on Nasdaq New York Investors to be able to trade tanker owner's shares on Nasdaq bourses in Copenhagen and New York from December 11
Cosco-PSA terminal adds third berth to handle ever-larger mega boxships New berth will start operations in January 2018
Strategic pact sees CDB Leasing order 10 newcastlemaxes at Yangzijiang Chinese yard to operate some of the lessor's unemployed vessels as part of the deal
Maersk aims to win over Hamburg sceptics Amid widespread local concern about the sale of Hamburg Süd, new owner Maersk will want to reassure Hamburg that it is...
Panama Canal raises neo-panamax vessel daily booking slots Move comes after the canal's capacity was expanded with new, larger locks
Fossil fuels may not have a future in shipping Marine bunker fuel suppliers may see demand for fossil fuels thin substantially in 25 years, warns ICS
Japan unveils seafarer subsidy to encourage hiring of young people, retirees and women The programme aims to address a shortfall in workers that is plaguing the maritime industry
Calling out workplace harassment Until we accept that sexual harassment has become normalised in society and in work, we cannot hope to end it
Nord/LB looking at $12bn shipping portfolio Bank plans to offload almost $5bn of bad shipping loans
Golar LNG reinforces bullish stance despite third-quarter dip Net results hurt by Petrobras' early termination of charter for Golar Spirit
Southern California transport agencies raise concerns about tax reform proposals A coalition of transportation agencies from across Southern California on Nov. 28 issued a joint letter to Congressional leadership saying ...
USTR: No 'meaningful progress' to curb excess steel capacity The Office of the U.S. Trade Representative, which participated in the G20's second meeting of the Global Forum on Steel Excess Capacity in...
Maersk finalizes Hamburg Süd deal Maersk Line officially closed on its $4.3 billion acquisition of Hamburg Süd Group on Wednesday after first announcing the decision exactly...
GLP shareholders back privatization plan Global Logistic Properties, a Singapore-based provider of logistics facilities, revealed that its shareholders overwhelmingly approved the ...
TECSYS sees Q2 FY2018 profits skyrocket Supply chain management software company TECSYS Inc. reported profits of $1.4 million Canadian (U.S. $1.1 million) on revenues of C$18.1 mi...
Judge orders drayage provider to reclassify contract port drivers as employees An Administrative Law Judge has issued a ruling in which he ordered New Jersey-based Intermodal Bridge Transport, a trucking contractor for...
InstaFreight snags $9.5m in series A funding Berlin-based digital forwarding company InstaFreight closed an 8 million euro (U.S. $9.5 million) series A funding round with a private inv...
Panama Canal increases daily Neopanamax vessel reservations The Panama Canal has increased the number of daily booking slots available for Neopanamax vessels from six to seven, effective Dec. 1, acco...
Budapest Airport inks e-commerce agreement with STO Express, EKOL Budapest Airport has inked an agreement with China-based air carrier STO Express and European third-party logistics provider EKOL to establ...
US DATA: EIA says September residual fuel oil exports to Panama up 90.48% on year US residual fuel oil exports to Panama totaled 320,000 barrels in September, up 90.48% from the same month a year earlier.
Flynn guilty plea rocks markets, chokes crude rally NYMEX January crude settled 96 cents higher at $58.36/b, off an intraday high of $58.88/b.
Fuel oil stocks at ARA hub down to 957,000 mt on vessel loadings: PJK Fuel oil stocks at the Amsterdam-Rotterdam-Antwerp hub fell 92,000 mt in the week ended Wednesday to 957,000 mt.
Russian bunker MGO hits over two-year high on tight supply Marine gasoil (MGO) at the Russian ports of Novorossiisk and St Petersburg reached over two-year highs Thursday on tight supply.
External: Wired Bunkering
Aegean Marine Petroleum gets new three-year finance facility for $750 mil Aegean's new finance facility gives it the flexibility to execute its growth strategy.
New OPEC deal reasserts Saudi oil market leadership with Russia - OPEC/non-OPEC cuts extended through end of 2018 - Libya, Nigeria dealt 2.8 million b/d output cap - Deal subject to review at June meeting
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