Venezuela adds new twist to Atlantic MR product tanker trades Rate rally slows but USAC gasoline demand likely to stay firm for summer demand
South American grains exports pin panamax bulker earnings near 2017 high Chinese coal imports from US can further add to the tonne-miles
Cosco Shipping eyes VLCC expansion Acquiring other operators and ordering newbuildings are on the table
Stellar Daisy: What went wrong? Six serious deficiencies were found in the vessel this February but it was allowed to sail without any detention
Marenave kisses fleet goodbye under deal with banks But agreement could pave way for Offen and DEVK to step in as investors
LPG index holds at highest levels this year Owners maintain momentum by going for rates well-above last done
Hanseatic Underwriters adds three Lloyd's syndicates to P&I offering XL Catlin, Sompo Canopius and Hamilton join consortium
Evergas' new fleet ready to gorge on US shale gas revolution Danish gas carrier owner's eight new vessels are first to haul shale gas-derived ethane to Europe
Eastern China shipbuilding city to shut zombie yards Plan to close 17 facilities comes after Beijing officials say nation's vessel building capacity should be cut by 30%
DSME yet to secure refund guarantee for Maran VLCC order News comes ahead of meeting with stakeholders on April 17-18
APMT opens Lazaro Cardenas terminal First stage of build out launches with 1.2m teu of capacity
Finnlines to spend $75m on vessel expansions Ro-ro owner will use Polish shipyard to lengthen four ships by May 2018
MSC boxship catches fire off Colombo port Updated: MSC confirms no injuries sustained by crew of 22, with the fire extinguished
Sovcomflot to add more LNG-fuelled aframaxes during fleet renewal Chief executive Sergey Frank expects further development of LNG bunkering facilities in the coming years
HNA and Chinese class society join rush to develop unmanned ships Alliance aims to deliver the first self-driven cargo carrier by 2021
EU Navfor investigating reports of another piracy incident off Somalia Potential incident is the third in four weeks after years of calm
Seadrill extends loan maturity amid restructuring plans Company warns that shareholders could see minimal recovery of their investments
Maersk boxship collides with general cargo vessel near Antwerp port No containers lost and no injuries sustained due to the incident
Wilhelmsen and Wallenius complete merger Wallenius Wilhelmsen Logistics commences trading on the Oslo Stock Exchange today
Japan's Astomos could run entire VLGC fleet on LPG fuel Move to install LPG dual fuelled engines on all 22 vessels would be largest ever undertaking of its kind
The UK Apprenticeship Levy: what you need to know Making the most of the levy's opportunities will take preparation
Are you ready for the UK Apprenticeship Levy? It is time to decide whether to take the hit or try to make it work for you
Education department 'intransigence' blocks officer cadet apprenticeships But boost for ratings training wins widespread UK industry plaudits
CMA CGM and Hamburg Sud agree to share on west coast Liner giants to share four vessels on weekly service calling at ports between California and Colombia.
Costa Cruises secures best charterparty ever Carnival subsidiary charters out passenger ship for wedding of billionaire's son.
Tidewater sees progress in debt talks New Orleans-based offshore vessel owner gets short-term waiver from lenders
Ocean Rig gets creditors to agree on plan George Economou's drillship company can move forward with restructuring.
Smaller bonuses for Clarksons executives Top management at giant shipbroker see payouts adjusted due to fall in profit.
Matson drops APM Terminals at major hub US-based ro-ro and boxship operator plans to work with joint venture partner SSA instead.
Norden adds MR pair to orderbook Chairman says additional chartered ships take its medium range newbuilding count to six vessels.
Containerships wins $23m for LNG shipping Grant from the EU and NEFCO helps owner push on with gas-powered boxships.
Joerg Roehl leaves Hansa after six years German owner's managing director appointed as CEO Europe of Natco.
Podiumspot lines up $560m Crusino newbuild Malaysian group wants to launch world's biggest casino cruiseship.
Viking Line finalises Xiamen newbuilding Last year's letter of intent with Chinese shipbuilder is now a firm $207m contract.
ENTMV orders $175m ro-pax in China Algerian shipowner picks GSI for its new car ferry.
Euronav: 'time to put a bell on the cat' New York-listed owner says single inspectorate needed in supply driven crude market.
Socar buys three more from Palmali Azeri trader forms new shipping arm to handle expanded tanker, LPGC fleet.
U-Ming falls to loss in 2016 Taiwanese bulker owner hit by revenue sinking below costs last year.
A1 Offshore acquires Ocean Zephyr Danish newcomer snaps up walk-to-work vessel from Germany's OWS Off-shore Winds Solutions.
Rolls Royce nets LNG ferry engine deal Kjell Harloff says the development represents 'a big contract in a tough market'.
Jinhui Shipping sells final handysize Oslo and Hong Kong-listed bulker owner offloads loss-making vessel to Inui Steamship.
IGU: LNG trade hit record level in 2016 Global gas business jumped 5% - the third year of growth.
Suez Canal offers perks to bulk carriers Vessels bound from Australia and South Africa to Europe are given 75% and 40% discounts.
ESG to build three New York ferries Florida yard wins deal for 4,500-passenger Staten Island ships.
Emas Offshore delays annual report 'Financial challenges' leave Singapore owner uncertain over results.
Finnlines to lengthen four ships for $74.8m Profitable Emanuele Grimaldi-owned company keeps spending money on upgrading its fleet.
EMGS ship utilisation soars Norwegian seismic player enjoys busier first quarter.
MSC containership hit by fire off Sri Lanka Blaze on MSC Daniela extinguished; no injuries reported.
FMC to look for additional opportunities to provide regulatory relief Source: Federal Maritime Commission FMC Acting Chairman Michael A. Khouri Federal Maritime Commission (FMC) ActingChairman Michael Khouri s...
Hapag-Lloyd comments on Europe-Asia booking crunch Source: Oliver Hoffmann/Shutterstock A Hapag-Lloyd spokesperson said space is tight on the Europe to Asia trade right now from an uptick in ...
Containerships receives funding for LNG project Finnish logistics company Containerships plc. has received funding for plans to build four ships that will use liquefied natural gas (LNG) ...
Congress expresses concern over liner shipping concentration Members of Congress expressed concern over the growing concentration in the container shipping industry and its regulation by the Federal M...
Matson to partner with SSA Terminals in Tacoma Matson Navigation Company, a subsidiary of Matson Inc., will partner with SSA Terminals (SSAT) for stevedoring and terminal services at the...
Estes Express transitions Canada service into direct LTL route Estes Express Lines is transitioning its Canada service into a direct less-than-truckload (LTL) route in order to pick up and deliver Canad...
N Sea Sullom Voe loadings up at 85,307 b/d in week to Tuesday The terminal loaded 597,150 barrels during the week, or an average 85,307 b/d of Brent crude.
Norway okays Statoil Trestakk project, boosting Asgard oil volume The project is going ahead after a reluctant Statoil came under pressure from the authorities.
China Q2 products export quota set at 3.34 million mt, down 77% on year China has allocated the second round of oil product export quotas at 3.335 million mt for the processing trade in 2017, down 77% from the 14.59 million mt for the same round last year.
TENDER DATA: Pakistan's PSO cancels LSFO buy tender for April When: Buyers option to declare
US DATA: EIA says USAC fuel oil stocks lowest since July 2015 Imports of fuel oil into the US jumped 25% from last week to 142,000 b/d.
Singapore delivered 380 CST bunker MOC has first trade in over 5 years During and outside the MOC process however, offers for delivered 380 CST bunker were heard at $315-$316/mt.
Mild congestion for bunkers in Gibraltar may intensify: sources Small numbers of ships have been waiting to get into the port every day this week.
Mediterranean 0.1% gasoil at five-month low, while diesel ticks up Last month's announcement that Saudi Aramco was to resume supplying oil products supply to Egyptian General Petroleum Corp. has helped to ease differentials.
External: Praxis Energy Agents S.A
Full-year loss narrows, revenue up: Ecoslops
External: Wired Bunkering
TRADER NOTE: Consultancy 20|20 Marine Energy hires Per Funch-Nielsen
Global LNG trade up 5%, new markets fuel increase: IGU
Oiltanking to build new terminal in Texas City The Texas Independent Deepwater Expansion terminal will have 1.6 million cu m of storage.
FUJAIRAH DATA: Oil product stocks fall 6.8% on week to 22.29 million barrels Stocks of heavy distillates and residues totaled 11.45 million barrels, down 7.1% from a week earlier.
Nigerian oil output slumps to 1.676 mil b/d in March: ministry Sources said output down mainly due to maintenance at the Bonga field, which averages around 150,000-200,000 b/d.
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