Thun Tankers adds fifth vessel to newbuild order Order is "building on a precise client demand", company says
Aegean Shipping makes dry bulk debut with up to eight kamsarmaxes Orders at Cosco yard include four firm vessels and value could rise to $200m if options declared
DNV GL chief foresees big role for class societies in new energy landscape Safety operations at sea will remain focus in shift from oil to gas and renewables, says Remi Eriksen
MPC mulls third Oslo offering despite earlier Ernst Russ flop German peers see different outcomes to fundraising efforts
Scrapping is necessary for a VLCC recovery, says DNB VLCC spot rates are far below operating costs, but doubts remain as to whether it is enough to boost scrapping
September GRIs are a no-go Chase for east-west cargo proves too strong, prompting lines to pull the plug on traditional monthly price push
Tight tonnage boosts handysize market Harvey's disruption could affect freight rates in the long term
SM Line rises from the Hanjin collapse to eye a top 20 place Korean carrier incorporated only last December looks set to join the top 20 container lines
Xiamen Port to acquire terminal operating firm Deal will help the group ramp up its business expansion outside of the Xiamen region
CMES to acquire four Sinotrans & CSC subsidiaries for $550m The deal serves as part of China Merchants Group's plan to merge its shipping business
Scorpio Tankers completes merger with Navig8 Product Tankers Company issues 55m or a 19.7% stake in its total shares to Navig8 Product stakeholders as part of the deal
US marine regulator activates reserve fleet for relief efforts Training vessels will be refitted to help deal with Harvey's aftermath
Sulphur clampdown widened to all Yangtze River Delta ports Latest move extends Beijing's ECA rules from Shanghai, Suzhou, Nantong and Ningbo-Zhoushan to other ports in the region
Corpus Christi port seals ship channel expansion deal with US Army Corps of Engineers Expansion project will widen and deepen the Corpus Christi Ship Channel for bigger vessels
US Gulf facilities limp back to normal Damage to energy supply chain means tanker, gas shipping could be disrupted for weeks
DSME defers LNG carriers delivery Move is made on shipowner's request
Daily Briefing
Between the Lines: Asia-Europe capacity outlook Short and long-term Asia-Europe capacity forecast shows blankings appear necessary
Sembcorp Marine unit axes rig contracts with Perisai Petroleum Teknologi Move comes after lapse of deferment agreements for the two vessels
China Merchants buys Brazilian terminal operator Deal values TCP at $1bn as CMPH makes inroads into South America
Gener8 Maritime sells off aframax tanker New York-listed owner takes another step in its fleet renewal process.
NSB Group adds 31 ships New venture with Temas Line sees German company's fleet reach 96 vessels.
Aegean Shipping Management books debut bulker order Greek owner pens contract for up to eight vessels at major Chinese shipbuilder.
Cargoship sinks off Oman Fishing boat picks up all 20 crew from vessel that took on water off Al-Labki.
Thun Tankers adds fifth newbuilding Gothia Tanker Alliance member returns to Avic Dinheng for another ship.
Clarksons: offshore market 'feeling the turn' Broker says production needs to increase to avoid oil supply deficit.
Ministers set for further talks on STX France French finance minister says fresh negotiations set for 11 September.
Svitzer adding new tug from Turkey Maersk group company taps Sanmar for new UK vessel.
Bibby Offshore completes two North Sea jobs UK owner reveals subsea work for Perenco and Endeavour Energy.
JP Morgan in the money on capesize transaction Bulker has been sold on to Korean company at a profit just eight months after purchase.
HSH cuts loan losses to $452m German lender brings in $372m of new shipping business in first half.
China Merchants Port strikes Brazilian deal Hong Kong-listed player's $924m deal comes amid strategy to target new growth drivers.
HMM confirms VLCC and boxship orders Restructured Korean owner heading to Hanjin in the Philippines for 11,000-teu vessels; $419m tanker investment finalised.
Stena unifies Danish ferry operations Ro-pax group pursues more efficient model with new management team.
Bibby Line bulker heads for Iberian Peninsula Resolve Marine salvors begin towing the Cheshire to Spain or Portugal.
Great Eastern sells bonds worth $23m Indian owner follows up LPGC purchase with new debt issue.
Chelsea splashes IPO cash on ferry owner Dennis Uy company agrees to buy Starlite Ferries in first deal since Manila listing.
EMAS Offshore applies for scheme protection Singapore company says it has also received expressions of interests from potential investors
Pacific Drilling faces de-listing threat Idan Ofer-backed deepwater driller faces double September deadlines to remain listed US stock.
Wartsila tests remote control ship capability Gulfmark Offshore PSV in Scotland controlled from 8,000-km away in California.
Torben Janholt takes the reins at Pioneer Marine Former CEO of J Lauritzen returns to frontline management at Singapore-based bulker owner.
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