Rising star SM Line maps out growth plan Emerging from the collapse of Hanjin Shipping, South Korea's SM Line is now a 'rising star' within the shipping industry...
Capes and supras drive BDI lower Gains in panamax too little to override losses in other segments
Bertram Rickmers established second holding company in 2015 Asian Spirit Steamship controls at least five KG concerns, documents show
Dorian bets on growing Chinese LPG demand to exit market slump US LPG exports critical in increasing tonne-mile demand for versatile commodity
Why shipping journalism matters Right at the very heart of journalism is the desire to tell the truth, but that desire is often seen...
Slack season no-show puts paid to spot market recovery Fourth quarter outlook looks dim for east-west trades with carriers not budging on supply
Tanker bulls escape from lower Botas exports following Kurdish conflicts Mediterranean aframax and suezmax earnings supported by delays in the Turkish Straits
Daily Briefing China Merchants chairman is positive on oil demand - but don't expect any big VLCC orders, yet
VLGC rates up on year, but higher expensive bunker costs hurt earnings Total fleet size of LPG tankers could shrink in the next three years, says Court Smith
Hafnia gains $8.5m from sale and leaseback deal Company to lease back the vessel on an eight-year bareboat charter
Maersk picks new boss for box building unit Former mining manufacturer manager to take top slot at MCI
COSCO Singapore to acquire stakes in two Asia logistics firms worth $369m Company seeking new investment opportunities after disposal of shipyard business
MISC net profit surges as LNG vessels leases start Malaysian company's earnings more than quadruple to $164m as it expects peak winter demand to help petroleum shipping to end...
Ports of LA and Long Beach adopt further phase in clean air action plan Ports to adopt strategies to work toward a zero-emission operations environment
Eagle Bulk narrows losses as dry bulk market improves Fleet utilisation for the third quarter rose to 99.6% from 98.9% a year ago
Star Bulk out with the old, in with the new $50m baby bonds Exchange-traded baby bonds popular again with shipping companies after two-year hiatus
Matson results receive boost from strong China and Alaska volumes Further gains limited by continued weakness in Hawaii and Guam volumes
UK Port of Tyne only weeks away from starting up new biomass facility New facility expected to handle 1.8m tonnes of wood pellets per year for Lynemouth power station
Blocked arteries UK ports have done their bit to modernise and streamline operations. But is that just wasted effort if the freight...
Pistiolis pumps up MR tanker tally with HMD newbuilding order Greek owner extends orderbook with further growth ambitions in place.
Clarksons Platou Securities charts Euronav firepower Analysts say tanker owner could take out 20 VLCCs with moderate debt.
Qingdao Da Tong adds fourth bulker at Jinling Chinese owner pencils in another kamsarmax at CSC's domestic yard.
Six-digit LNG rates there, but for the few Brokers say spot rates gains are expected given seasonal arbitrages, but very few ships earning $100,000 per day.
SCI puts tanker duo on sales block Idle 1990s-built ships being offloaded by Indian state owner.
Vard Holdings clinches service vessel contract Norway's Midt-Norsk Havbruk orders acquaculture vessel for delivery in 2018.
Kea Trader being further damaged as salvage continues Lomar Shipping says rough seas hampering refloating of boxship.
LNG carriers boost MISC profit But Malaysian owner's tankers turn in third quarter operating loss.
Dorian strikes leaseback deal for modern VLGC Greek owner says transaction will repay bridge loan and increase cash position.
Cosco International posts strong yard earnings Chinese group boosted by shipbuilding operations it is selling to parent.
Star Bulk taps debt market to repay bond due in 2019 Greek owner collects $50m from bond issue to cover debt repayment.
India to sell $217m DCI stake Government ready to offload entire 73% holding in dredger owner.
James Fisher scoops wind job UK owner to support East Anglia ONE project in deal worth $4m.
Busier Philly Shipyard pushes up profit US yard to deliver four vessels this year, boosting revenue.
Harbor Star buys solar power companies Philippines tug owner diversifies into renewables sector.
Nam Cheong granted scheme of arrangement Malaysian offshore vessel shipbuilder secures protection from creditors for six months.
CNOOC repeats Engie FSRU winter charter French energy giant and LNG player finds three months employment for unit in China.
Bob Bishop to head Selandia Ship Management Former V.Group managing director to take charge at Indian company acquired in 2016.
KPMG seeks buyers for Borcos anchor handlers Auditor faces unenviable task of selling eight to 11 year-old vessels into depressed market.
C.H. Robinson earnings drop 7% in Q3 2017 C.H. Robinson's net income for the third quarter of 2017 totaled $119.2 million, dropping 7.6 percent from the second quarter of 2017, acco...
YRC's profits crash in Q3 Source: YRC Worldwide YRC Worldwide Inc. recorded a net income of $3 million on revenues of $1.25 billion for the third quarter of 2017. YR...
Port of Oakland to establish drayage traffic management plan Officials with the city and Port of Oakland say they plan to meet with residents of the area near the port in the coming months in the proc...
NVOCC alliance expands service offerings to Peru, Ecuador CaroTrans, a non-vessel operating common carrier (NVOCC) and ocean freight consolidator, is expanding its joint service offering with fello...
Crowley to offer new U.S.-Central America service in November Crowley will launch a weekly,full and less-than-container-load (LCL) shipping and logistics service offering between the Port of Wilmington...
Ports of Auckland issues 30-Year Master Plan despite criticisms Ports of Auckland has released a Draft 30-year Master Plan, despite a lack of support from New Zealand's prime minister. The Master Plan o...
Spot container rates inch up on major trades The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) ticked up 1.5 percent since last Friday's reading of 806.81 to...
Crowley to buy, lease back three SeaRiver tankers Crowley Alaska Tankers has signed an agreement to buy three tankers from ExxonMobil subsidiary SeaRiver Maritime and charter them back to S...
AlixPartners: Container industry trends creating new challenges for port terminals Source: Ralf Gosch/Shutterstock Chronic underinvestment in U.S. infrastructure critically limits the ability of ports and terminals to handl...
Panama's September marine diesel sales rise 9.06% on year: AMP Marine diesel fuel sales in Panama totaled 28,186 mt in September.
Weekly ARA dirty product stocks show rise despite fuel oil backwardartion The seemingly high fuel oil stock data has confused some traders given the steeply backwardated market structure.
REFINERY NEWS: Maintenance at BP Rotterdam to end by mid-November: traders Refinery: Rotterdam, Netherlands.
Oil trader Vitol Asia files claims against UE Star, 5 vessel owners Oil and commodity trader Vitol Asia Pte Ltd has issued writs of summons against defunct bunker supplier Universal Energy's UE Star and five other vessels.
External: Praxis Energy Agents S.A
Singapore Nov ex-wharf 380 CST bunker term concluded at premiums of $2.75-$3/mt Backwardation in the fuel oil market had flattened with bigger cargo arrivals expected in November.
External: Wired Bunkering
FUTURES: Crude remains buoyant on tight supply
Iraqi oil minister says he expects OPEC cuts to be extended 'another year' Sources have told S&P Global Platts that Saudi Arabia and Russia are seeking to extend the deal for a further three months to June.
$60/b oil price will activate US light tight oil production - IEA Sadamori's comments came as the IEA has estimated "substantial growth" in US tight oil production in the next two years.
LNG shipping charter rates rise on firm spot demand, limited availability The recent rise in rates was underpinned by Exxon's sublet of the Beidou Star.
Open interest for ICE Singapore gasoil rises in Oct; outperforms light, mid-distillates
Trump may pursue oil, gas alliances on Asia trip: analysts His trip, which will last from Friday to November 14, features stops in Japan, South Korea, China, Vietnam, and the Philippines.
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