Cabinet approves MoU between India & Bangladesh for fairway development of Ashuganj-Zakiganj stretch of Kushiyara river & Sirajganj-Daikhawa stretch of Jamuna river in Indo-Bangladesh protocol route
London P&I Club issues guidance on reducing risk of bulk cargo liquefaction
Wheel & Time achieves a new high by securing & successfully executing 6 back-to-back heavylift operations in India
Zeaborn acquires MPP heavy lift vessel
JNPCT registers impressive growth in JN Port's new high of 4.5 m TEUs in 2016-17
Navios Maritime Partners adds two 10 year-old panamax bulkers Vessel acquisition follows recent $100m fund raiser
Kamsarmax and supramax have better prospects than capesize, says Noble Capesize is too risky as Chinese demand for iron ore will wane, says head of global freight Michael Nagler
Nord/LB losses climb to $2bn Shipping loss provisions surpass $3bn as bank looks to slash exposure to industry by $3bn by 2018
Intercargo calls for Stellar Daisy probe IMO also expects full investigation as 22 seafarers remain missing
Stolt Tankers to go it alone then find a partner Tanker operation will become standalone company, then buy or merge with another company, as consolidation takes hold across the tanker industry
New tonnage and Australian force majeure cloud cape outlook after 20% earnings drop Chinese imports of iron ore may slow amid high stockpiles and a falling price
Somali piracy threatens to escalate Industry could be a few steps away from discovering whether it remains prepared for pirate threat
Early Chinese New Year dents February's Asia-Europe traffic But volumes through the first two months of the year measure up with 2016 levels
Pacific Basin eyes opportunistic deals in the secondhand market Rationally, people should buy companies rather than ships, says chief executive
S-Bulkers seeks expansion in dry market Small Greek tanker operator bought two bulkers in last five months that have appreciated in value
Cargill's dry freight unit folds in clean tankers Chartered tankers retained following sale of energy unit to Macquarie
Stolt-Nielsen's profits tumble 50% First-quarter rates hit as downward slide in chemical tanker market continues
Gender pay gap reporting legislation comes into force Companies with over 250 employees must publish details on pay inequality within 12 months
Korean pension fund to decide on DSME's financial aid plan next week But financial authorities have a back-up plan ready if all else fails
Jinhui to offload its sole handysize vessel for $15m Vessel to be delivered to buyer by June 15 this year
Pioneer Marine books narrower full-year loss for 2016 US and China factors to support the dry bulk market, says chief executive Pankaj Khanna
Majority of creditors support Ocean Rig restructuring plan Group has enough votes to proceed with the next steps in financial restructuring
Mercator Lines inks deal for reverse takeover Move to allow shareholders and creditors to recover some assets
Who is king of the shipyards? It is a toss-up between China and Japan as standard ships may no longer be built in Korea within five years
Change hopefully happens After the loss of Stellar Daisy with 22 seafarers, we might hope there will be an eagle eye cast over similar conversions and a tightening-up of structural inspection
Carriers blame unseasonal demand for European exporters' woes Spike in backhaul Asia-Europe has caught lines off guard, as ESC holds meeting to address crisis
Minerva moves on BWMS as it pens 'milestone' deal with Wartsila
CTM buys panamax at new $13.8m benchmark
Arkas snaps up boxships in first deal for over year Expanding Turkish outfit purchases two 2,800-teu secondhand units for around $9.5m each to take its fleet to nearly 50 vessels
Speed blamed for grounding of German MPP ship
Turkey signs up to Hong Kong Convention
Allegations threaten NGOs Mediterranean operations Merchant shipping could be thrown back into the frontline of the migrant crisis following claims non-government organisations (NGOs) are involved in crime
Market recovery set to keep restructured companies going
Back to future sees Seaborne call dry bulk market nadir Greek financial firm's use of 46 years of past market cycles justifies forecast from a year ago that the market slump was nearing an end in the first quarter of 2016
Fears mount for compensation setup after $1bn Prestige ruling Uniform approach to conventions will 'greatly reduce the risk of volatility'
Cefor study confirms that reactivated boxships yield more claims
No link seen so far for hibernating offshore vessels
Aage Remoy looks to expand after taking control of Vestland
Clarksons Platou spots potential for owners to branch out into wind farms
Gallows humour on show but optimism wells up too Many in offshore never lost their humour, even in the depths of the crisis, but now Fearnley Offshore Supply and many of its clients are seeing some positive signs
Arc7 LNG shipowners view first of 15 in a new breed
SCF takes its know-how in ice to the next level Arrival of first vessel brings Yamal LNG's impending start-up into sharp focus
AET swoops on SHI LNG fuelled aframax design
GTT launches VLGC containment system
Hoegh expects to surpass 2019 FSRU target Company is sitting on a string of options to building floating regasification and storage units (FSRUs) at two competing shipyards
Period charters return as shipowners see signs of recovery
Is surge in new alliances set to run out of steam? Does this week's launch of THE Alliance and the Ocean Alliance mark the beginning or the end of the charter market rally?
Seago delays delivery of newbuildings
Shipping is wary of 2020 sulphur cap but it could have an upside for tankers Shipowners are used to regulations moving markets - particularly in the tanker sector - but the new emission rules may have unexpected consequences, writes Tim Smith, senior analyst at MSI
US-to-Europe ethane trade has proved viable - Ineos shipping boss Thompson Competitors set to use Ineos' seaborne supply chain after boss' vision bears fruit
Kvalheim hails Champion result in tough markets
Japan's Iyo Bank targets foreign shipowners Traditional ship finance lending in Ehime prefecture is contracting, forcing Iyo to become the first regional Japanese bank to go abroad in search of foreign owners
United Ocean rapidly sells modern bulker
Dayang's 'shadow' supramax orderbook comes to light Vessel orders that were cancelled or abandoned may yet hit the water as prices improve
Low VLGC charter deal at odds with rising spot rates
Varun gas ships are delayed while crews wait to be paid
Idling of four vessels may have contributed to spike in freight rates
Portuscale cruise veterans put on the demo block
Union Maritime buys tankers from Marenave
Songa poised to list on Oslo's Axess as it increases fleet size Norwegian firm buys more ships as it eyes moves towards Oslo Stock Exchange listing
Odfjell boss Morch takes home vast sum
HNA's interest in HSH highlights Chinese appetite for shipping risk Industry's potential bright future exhibited as US private-equity group also bids for German bank
Pillarstone era begins at Premuda
JP Morgan fund is linked to PIL capesize bulker
Pioneering LNG bunker vessel prepares to enter history books Purpose-built ship completes 37-day journey from South Korea to new home port of Zeebrugge and is poised to swing into operation next week
NSA is cutting costs to face offshore crisis
Korea Maritime bulker secures firm sale price
Turkey's Gulnak set to cash in with sale of youngest ship
New Times plots return to VLCC fold with Dynacom Tankers deal Chinese shipbuilder in close discussions with Dynacom for up to eight VLCC newbuildings
Samos offloads money-making aframax for $21m
Waruna snaps up tanker from Torm for $7.9m
Marfin sells vintage bulker for firm $4m
Vitol snaps up Kyklades tanker duo
Stellar Daisy tragedy throws converted VLOCs into spotlight Safety checks are being lined up to test the structural integrity of series of oil tankers converted to very large ore carriers after major loss in the Atlantic claiming 22 lives
Commentary: Near sourcing isn't a trend; it's a strategy Near sourcing, in-sourcing, and regional sourcing all mean the same thing: moving a business' operations closer to where the end products a...
Corpus Christi cancels plan for container terminal Port of Corpus Christi officials said Wednesday they had determined that a planned container facility at the La Quinta Trade Gateway is no ...
Port of Vancouver, Wash. sets new tonnage record in 2016 Source: Port of Vancouver The Port of Vancouver, Wash. said grain was its largest export by volume in 2016. The Port of Vancouver in Washin...
Record penalty assessed for Jones Act violation Furie Operating Alaska, an oil company that had arranged the shipment of an oil drilling rig from the Gulf of Mexico to Alaska on a Chinese...
Salerno Container Terminal gains three new container services Salerno Container Terminal (SCT) in southern Italy is a port of call for three new container services, which has resulted in its new 20 mil...
Ag groups oppose air traffic privatization plans A coalition of rural agricultural and aviation industry associations is asking Congress to rethink a provision in President Donald Trump's ...
North Atlantic shipping lanes plagued by hundreds of icebergs North Atlantic shipping lanes have been inundated with more than 400 icebergs over the past week, forcing ships to slow to a crawl and take...
ARRC posts $4.4m loss on falling freight volumes The Alaska Railroad Corp. (ARRC) posted a $4.4 million loss for the full year in 2016, compared with a profit of $10.9 million the previous...
Trucking operators urge Congress to increase infrastructure investment Two prominent members of the trucking industry are urging Congress to increase investment in the nation's ailing transportation infrastruct...
BFOE crude floating storage steady on week According to cFlow, Platts' trade flow software, there are about 4.6 million barrels of BFOE crude being held in floating storage in the North Sea
ARA fuel oil inventories fall amid stronger April demand Since March 2016, fuel oil stocks in the ARA refining hub have increased by 24%, reflecting closed arbitrage opportunities to Asia.
External: Praxis Energy Agents S.A
External: Wired Bunkering
TRADER NOTE: Former Trafigura fuel oil trader joins Socar Trading Singapore David was with Trafigura for 13 years.
FUTURES: Crude remains lower on US stock build, despite OPEC cuts
March volumes on Platts Asia HSFO cargo, swap MOC fall short of historic highs Market anticipation had been high for March
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