Globus Maritime reduces second-quarter loss Improved market helps Greek owner of five bulkers
Clipper to close five offices to simplify dry bulk activities Operations will be handled from Copenhagen, Houston and Hong Kong
Maritime more important than ever after Brexit, says Liam Fox International trade secretary sets out stall in exclusive Lloyd's List interview
Can UK logistics avoid a looming crunch? Despite jaunty headlines about rising confidence, the underlying fundamentals suggest the delicately balanced UK supply chain sector could be facing...
Panamax rates start to edge up after hitting one-month low Market sentiment still strong for fourth quarter uptick
Economou stumps up $99m to cover DryShips rights offering Chief executive boosts stake to 70% after other shareholders pass
Suezmax earnings on Baltic Exchange rebound above $10,000 per day Demand outlook firms in October with stronger charter activity reported across regions
Market fundamentals decidedly firming for product tankers BAML observes rising output from refineries as fuel inventories fall
Tanker scrapping accelerates amid soft earnings and higher recycle rates January-September saw 5.9m dwt of crude carriers scrapped versus 1.4m dwt in whole of 2016, Clarksons data shows
African port developments need careful consideration Ports need to consider the position on the One Belt, One Road trade lane
Falling behind in ordering ultra large boxships could hinder The Alliance's competitiveness, says Alphaliner One line estimates the cost advantage of a 20,000 teu vessel over older 14,000 teu ships could be as large...
Wärtsilä bags Finnish LNG terminal contract Terminal expected to be up and running in three years
Daily Briefing Why it's time to turn down the hype around the US oil export boom
Genting HK to delist in Singapore to focus on North Asia cruise market Company aims to reduce administrative and compliance costs associated with the secondary listing
Rolls-Royce and Google to improve autonomous ship sight Google's Cloud Machine Learning Engine to enhance Rolls-Royce's object identification artificial intelligence for recognising objects at sea
Diana Shipping wins 78% rate boost from latest time charter deal Panamax Crystalia secures gross rate of $11,100 per day minus 5% commission to third parties
Cambodia denies link to seized North Korean ship carrying weapons The Cambodian government reiterated that use of the nation's flag of convenience by any ship was illegal
Sembcorp Marine axes Oro Negro rig contracts Vessels had been technically accepted by the owner though delivery had been deferred
Singapore port regulator gains more clout in deciding key stake transactions Maritime and Port Authority of Singapore now has the power to veto the purchase or sale of shareholdings in key...
Safe Bulkers secures $17m cash on hand after latest loan refinancing Refinancing also leads to a debt writeoff of about $8.3m
UK insurers launch dangerous goods database Portal seeks to simplify interactions between shipping lines, ports and terminals
Stakeholders concerned about possible lack of P3 funding for U.S. infrastructure With the news coming down recently that the Trump administration could abandon the public-private partnership funding component of its $1 t...
SEC investigates Celadon Group The SEC has called upon Celadon to provide documents related to the subpoena. The U.S. Securities and Exchange Commission (SEC) has initiat...
XPO to offer interactive last-mile technology XPO's new technology will allow for heavy goods to be delivered without the recipient needed at home. Greenwich, Conn.-based global third-p...
FTR: Trailer orders building up in advance of fall order season U.S. trailer orders in September rose 7 percent month-over-month and 62 percent compared to September 2016, according to freight transporta...
Distribution consultant to use LLamasoft tools Distribution consulting and engineering firm Fortna it will use supply chain design software from LLamasoft as the core technology for its ...
Greenbriar orders signal 'strong start' to its FY2018 Oregon-based railcar manufacturer Greenbrier Companies, Inc., has announced its fourth quarter orders, thus closing out its 2017 fiscal yea...
Economist: Global trade outlook good, but demographics, U.S. policy present challenges The current global economic outlook looks good, but challenges expected to crop up in the future include U.S. trade policy, demographics an...
BC grocery store wine sales spill into WTO The United States has requested World Trade Organization consultations related to Canadian province British Columbia's handling of grocery ...
CenterPoint sells 21-building portfolio in Chicago area CenterPoint Properties, an industrial real estate development and management firm based in Oak Brook, Ill., sold off a 21-building portfoli...
Russia's openness to extending oil cuts a boon for Aramco IPO With his declaration Wednesday that Russia would be open to extending the OPEC/non-OPEC production cut agreement through the end of 2018 or even beyond, President Vladimir Putin may have given a welcome lift to Saudi officials eyeing a rich valuation for their crown jewel, state oil company Aramco.
Record-high crude exports pull inventories lower again US crude exports averaged nearly 2 million b/d last week, surpassing the previous all time-high set the week prior, pulling crude stocks lower, Energy Information Administration data showed Wednesday.
NYMEX crude falls below $50/b on climbing US production Oil futures were mixed Wednesday as refined products strengthened on weekly US data showing a draw in distillate stocks, while crude weakened over signs of rising US production.
FUJAIRAH DATA: Oil product stocks drop 14.4% on week to 16.512 mil barrels Fujairah's commercial stocks of refined oil products in the week to Monday were the lowest level since stock records for the UAE port began being published in January.
Bunkering operations resume at Novorossiisk as storm warning lifted The Novorossiisk port authority lifted Wednesday its storm warning limiting bunkering and loading operations, with sources saying bad weather at the Russian Black Sea port had abated.
Tussle in Nigeria's oil ministry poses threat to reform of oil sector
External: Wired Bunkering
No pressure on Iran to join OPEC output cuts: Zanganeh "No [there is no pressure]. We are complying with our commitment very well. We have more than 100% average compliance," Zanganeh said.
ANALYSIS: Lofty Middle East crude premiums stoke new US-India arbitrage flow - India's Reliance joins list of US-India crude arbitrage players - Spot premiums, OSPs seen expensive for light sour Abu Dhabi grades - Dubai/WTI swaps spread widens to fresh two-year high last week
FACTBOX: Russia-Saudi cooperation settling into long-term energy partnership Plans are underway this week to cement existing cooperation with a number of signings on long-term oil, gas and petrochemicals collaboration.
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