Wan Hai launches weekly service between Visakhapatnam (VCT) & Straits
A different perspective on DPD
JNPT rooftop solar installations saving electricity costs
Rishi Shipping to make presentation on efficient fertiliser handling at ports & through coastal movement on March 9
Standard Operating Procedure consequent to commencement of "Document Processing Area" in the Parking Plaza & Gate Auomation for Export & Import through JNPCT
Automation alone will not kill the freight forwarder
Seaspan seeks $75m with at-the-market equity offering New fundraiser showcases diversified pool of capital sources
Sinkhole fails to pull Liverpool2 down New deepwater terminal remains operational despite 50 ft sinkhole at north end
Hamburg enhances big ship credentials German port completes Vorhafen basin widening
Impairments push Global Ship Lease to loss Extension of charters at lower rates forces write-down
OSG plunges into red amid business restructuring Operations streamlined with the spin-off of international flag business
Between the Lines: Benchmarking the new alliances on capacity deployment The shape and structure of the new alliances' service networks is beginning to emerge
Supramax earnings at year-to-date high amid strong Atlantic and Pacific trades Outlook brightens in Asia on coal demand while US Gulf cargoes support Atlantic market
Spanish government postpones vote on port reforms Congress to reconvene next week, while talks continue between port employers and unions over new collective bargaining agreements
Supply disruptions cloud aframax, suezmax outlooks despite small rate gains Libyan conflict has shuttered oil ports of Ras Lanuf and Es Sider, affecting aframax loadings
Come together Carriers and shippers are dependent on each other and must learn to talk
DHT clears out old tonnage VLCC will be retired as a floating terminal as DHT renews its fleet to remain attractive to charterers
FMC relaxes rules on shipping service contracts and arrangements Move aims to cut unnecessary transaction costs and make ocean transportation more efficient
Korea gives HMM a $739m helping hand Hyundai Merchant Marine to sell 10 boxships to state-backed company and will consider leasing them back in the days ahead
Yilport box traffic rises 5% Volumes climb to nearly 4m teu on an equity basis in a 'golden year' for the Turkish operator
South Africa pursues K Line prosecution Commission seeks a court order to declare K Line liable for payment of an administrative fine
US energy shipping Bill may provoke oil sector backlash A Bill proposing to ship 30% of US energy exports on US-flagged ships threatens to make energy supplies costlier and less competitive
Vard secures $5.7m maintenance deal with Norwegian Coast Guard Shipbuilder makes foray into potential new revenue stream
Dry bulk segment sees recovery signs from Chinese coal imports Coal imports likely to surge in the short term with aggressive production cuts announced by China
ICTSI Manila orders 25 cranes to handle mega boxships Deal comprises five post-panamax quay cranes and 20 rubber tyred gantry cranes
Containerships 'rocky' at the outset of 2017 Contract season may surprise, AlixPartners says. But outlook still uncertain.
Seanergy achieves early loan termination Greek bulker owner agrees on reduction of $39m facility, resulting in equity gain of $11.4m.
OSG mulls options amid Jones Act ATB charter rolloffs Six of eight conventional Jones Act ATBs to enter spot market by year end as OSG considers whether to redeploy or repurpose.
New Navios loan presages payout restart Banks want higher interest and shorter term, but new loan not a burden, analyst says.
GSL slumps in fourth but sees 'equilibrium' Chief executive Ian Webber touts long-term prospect for New York-listed company's small to mid-size boxships.
USCG limits more ballast rule extensions New guidelines pushing owners to take closer look at available BWMS gear.
ConTex rises for fourth time in a row Hamburg Shipbrokers' index carries the positive momentum from February into March.
ConTex posts fourth rise in a row Hamburg Shipbrokers' boxship index carries the positive momentum from February into March.
Kexim pledges to support Korean owners, yards State lender says it will help companies stand on their own two feet.
Koch takes two capes as BDI hits four figures Tonnage hungry dry cargo newcomer adds more ships as Baltic Dry Index moves above 1,000 points.
Creditors cleared to sell Hanjin boxes Terminals to recoup cash through foreclosure on defunct owner's containers.
OSG flips to profit as US-flag tanker owner Following spinoff of International Seaways, Tampa-based outfit records $64.7m profit in the fourth quarter.
Sharif calls on China to invest in Pakistan Prime minister wants cooperation between shipbuilders and PNSC, Karachi Shipyard.
M/Maritime dismisses handysize bulker link Reports linking Greek owner to another purchase in busy dry cargo S&P market are off the mark.
Yilport boosts volumes 'in golden year' Turkish company describes 2016 as "year to remember" thanks to multiple investments bearing fruit.
Modest share purchase triggers Solvang offer Is the Steensland family looking to take the Oslo-listed shipowner private?
NAO bags $47.7m and eyes expansion US-listed offshore vessel owner completes share offering and tries for fleet growth.
'Dirty' bulker ordered out of Tauranga Government says Korean vessel had barnacles and tube worms on its hull.
Viktor Lenac posts drop in annual earnings Croatian shiprepairer hit by falling revenue in 2016.
Ezra drawn into EMAS Chiyoda legal row Singapore owner summonsed by Halter Marine after guaranteeing JV's loan.
DHT Holdings nets strong price for VLCC New York-listed owner secures a figure ahead of brokers' expectations for DHT Phoenix.
Lender takes over GOL headquarters Indian owner sees Mumbai office seized by State Bank of Hyderabad.
FMG's Pilbara Marine orders tugs at Damen Australian mining group wants six vessels for Port Hedland operations.
Swiber asks for more time for revival Judicial managers want until July to finalise owner's restructuring plan.
Man jailed for attack on Singapore broker Guy Broadley suffered vicious assault and robbery after leaving London nightclub.
Golar $86m to the good after leaseback LNG specialist has over $400m for FLNG investments after Golar Crystal deal, says Morgan Stanley.
Siem Offshore secures contract extension Oslo-listed owner will upgrade one of its largest PSVs and send it to Canada.
K Line faces fine in South Africa Japan's third largest shipping company under scrutiny over its involvement in price-fixing cartel.
TCC Group scraps its oldest capesize Chinese owner sends 2000-built bulker for scrap in Bangladesh, brokers say.
HMM and Korea Shipping in 10-ship sale-and-leaseback Deal first mooted in February reaches memorandum of understanding stage.
Wartsila inks another JV with CSSC Finnish group focusing on systems for high-tech ships in China.
Bankruptcy court approves International Shipholding's reorganization plan International Shipholding said the U.S. Bankruptcy Court for the Southern District of New York has confirmed its plan of reorganization. T...
Port of Hamburg completes Vorhafen Harbor Basin project The Hamburg Port Authority officially completed the redesign on the Vorhafen harbor basin access. Three phases were completed, beginning w...
Report: "K" Line found guilty of cartel behavior in South Africa Japanese ocean carrier Kawasaki Kisen Kaisha, Ltd. ("K" Line) has been found guilty of cartel behavior in South Africa, according to multip...
CSX names former CN, CP CEO Harrison to top spot Despite a highly public and at times contentious negotiation process with hedge fund Mantle Ridge LP, CSX Corp. has named outgoing Canadian...
AlixPartners: Container carriers face grim 2017 A new report from AlixPartners on the global container carrier industry said the outlook for 2017 remains grim, but there is reason to hope...
Report: EU court reverses ruling on 2013 UPS-TNT deal A European Union court has struck down a 2013 decision by the European Commission to block parcel giant UPS Inc. from purchasing Netherland...
Commentary: Rosie the Riveter's home The Port of Richmond, Calif., located on the northeast shore of the San Francisco Bay, may be best known for its history as a shipbuilding ...
IATA: Airfreight volumes rise 6.9% in January Source: Pierre-Yves Babelon/Shutterstock Volumes carried by European airlines rose 8.7 percent year-over-year in January, fueled by an incre...
CaroTrans forms alliance with TransOcean Shipping CaroTrans announced a new alliance with TransOcean Shipping (TOS) on Monday, beginning with consolidation and distribution in Prague. Both...
ANALYSIS: OPEC mulls extending output cuts, as high compliance not enough to move market - Monitoring committee meets March 25-26 in Kuwait - Meeting could yield signs of OPEC policy direction - Saudis key to any decision on output cuts
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
South Korea's bankrupt Hanjin Shipping has vessel sold by Singapore court Ship valuation firm VesselsValue had placed its demolition value at $8.03 million.
OPEC achieves 98.5% of agreed cuts in Jan & Feb: Platts survey Compliance led by Saudi Arabia, Angola compensates for overproduction by Iraq, Venezuela and the UAE.
OPEC production capacity to rise to 37.85 mil b/d in 2022--IEA Iraq will lead OPEC's gains in capacity growth, followed by Iran, the UAE and Libya if political stability can be achieved.
Fog slows Istanbul bunkering operations: sources But weak demand tempers effects of congestion, providing a floor to prices.
Malta bunkers tight on bad weather, high demand Inclement weather comes at a time of heightened buying appetite.
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