Rodolphe Saadé appointed chief executive of CMA CGM Jacques Saadé promotes his son to top job but remains chairman of group he founded nearly 40 years ago
Regulators hold key to Maersk South America trades Hamburg Süd deal due to close by year end but future of dry bulk fleet still unclear
Golar LNG looks for $103.5m in public offering Morgan Stanley given option to buy additional common units
Spain's port workers to strike over labour shake-up Union bodies decry Madrid's move to enforce compliance with EU rules
Marine insurance outlook gloomy for 2017, warns Berg 'Disruptive times' will be IUMI conference theme
Clarksons forecasts 3.8% growth in dry bulk trade this year Cautious projection amid expectations of fleet growth
Liquimar cannot stay Commerzbank loan claim, High Court rules English jurisdiction must prevail over Greece, as per agreement
VLCCs are better investment than LNG carriers, says Tusiani Big crude tankers are easier to build, can be vetted quickly and pick up cargoes with relatively little fuss, advises Poten's chairman emeritus
Mixed 2016 fortunes for Damco and Svitzer Damco delivers profit boost while Svitzer earnings suffer from challenging towage market conditions
Tsakos teams up with fund for huge dry bulk splash Up to $500m targeted for bulker acquisitions as funds feel time is nigh for dry
Maersk aims to boost market share as unit costs hit rock bottom Hanjin collapse adds to Maersk's volume growth in 2016
KDB puts 10 Hanjin vessels up for sale Interest in eight bulkers and two boxships must be submitted by February 21
Carriers settle Russia price signalling case Public price announcements to be stopped to comply with Russian regulations
Profits slide at APM Terminals Emerging markets and liner consolidation hit bottom line
Maersk slides into the red but forecasts 2017 turnaround Update: Group posts $1.9bn loss as impairments hit bottom line but new transport and logistics group expected to be in the black this year as freight rates recover: Michael Pram Rasmussen is to step down as chairman
Jacques Saade hands over CMA CGM reins Founder picks his 80th birthday to give his son the chief executive's chair at French line.
Soren Skou keeps energy separation options open AP Moller-Maersk chief executive says no clear plan yet in place for how to split off energy businesses.
Bugbee cautious of chasing prices upwards Scorpio Bulkers president explains why the owner has turned away potential investors as it tackles rising market.
El Faro sistership problems 'concerning' Head of Coast Guard's travelling inspectors discusses El Yunque during investigative hearings.
GTT in deal on first Angelicoussis FSRU LNG membrane designer and manufacturer to provide cargo hold for Maran order.
Ardmore chief explains leaseback deal Anthony Gurnee says Ardmore Seatrader transaction raises "small but meaningful amounts of mezzanine debt".
Briese Schiffahrts MPP victim of piracy Owner confirms that eight crew members kidnapped off Nigeria.
Fredriksen leaves door ajar for DHT counter Frontline chairman John Fredriksen says new offer for rival will not be rushed - but is not off the table entirely.
ITF warns over Spanish port jobs Union says government tearing up rule book for terminal workers.
Tidewater plunges 16% after dilution warning US offshore vessel giant says all scenarios will hit shareholder interest in the company.
Precious loss grows after ship sales Thai bulker owner takes $19m hit from offloading 13 vessels in 2016.
Shreyas Shipping adding tenth boxship Indian owner announces acquisition of 2,500-teu vessel this month.
'Motion illusion' blamed for smash UK report finds pilot disorientated by windows of innovative semi-circular bridge design.
Maersk Line sees liner 'inflection point' Chief financial officer notes market dynamics have shifted after six to eight quarters of consistent headwinds.
Golar Partners aims for $103m in latest offering US partnership prices stock sale below current trading price.
KDB puts 10 Hanjin ships up for sale Creditor bank wants bids in for bulkers and boxships by 21 February.
Dof not seeking large merger Mons Aase happy with fleet size as owner takes on two more laid-up vessels from Olympic.
Excelerate inks big FSRU order Up-for-sale US regas specialist reserves up to seven slots at DSME
RMT considers bondholders' rescue plans Imperilled boxship owner says it should not yet be wound up due to ongoing talks with investors.
Poten & Partners charts LNG ship demand Tusiani-Shearer double-act rocks up in London to discuss issues facing the industry.
Lou Kollakis inks Newcastlemax newbuilding deal Greek owner is understood to have placed a potential $160m contract at Jinhai Heavy Industries.
Hanson splashes $75m on new dredgers UK cement group picks Dutch Barkmeijer yard for fleet renewal drive.
AP Moller chairman resigns amid brighter 2017 view Michael Pram Rasmussen to be replaced by Jim Hagemann Snabe as Danish group looks for quick turnaround at Maersk Line.
Spanish unions plan to carry out port strikes Source: Drimi/Shutterstock The Spanish government will face strikes at all ports across the country on the 20th, 22nd and 24th of this month...
A.P. Moller-Maersk: 2016 saw 'headwinds in all our markets' A.P. Moller-Maersk, the Danish conglomerate that includes transportation and logistics companies such as Maersk Line, APM Terminals and Dam...
UPS to spend $18m to increase on-site solar power capabilities UPS Inc. is investing $18 million to expand solar power capabilities at its facilities in the United States, according to a statement from ...
Industry groups urge Trump to restore HTF A coalition of transportation and construction advocacy groups recently sent a letter to President Donald Trump urging him to find a long-t...
Hamburg Süd launches first proprietary agency in Middle East German ocean carrier Hamburg Süd has launched its first proprietary shipping agency in the Middle East, the company said in a statement. N...
Gov. Scott's proposed budget includes $10.8b for transportation and infrastructure Source: Jaxport/Flickr Gov. Scott credited JAXPORT with providing over 200,000 jobs and $1.2 billion in investment funds over the last six y...
U.S. trade deficit inches up 0.4% for 2016 The U.S. Department of Commerce reported Tuesday the nation's trade deficit for 2016 totaled $502.3 billion, the highest level since the 20...
Executive Moves: uShip and DHL Supply Chain Online shipping marketplace and freight automation software provider uShip has hired Mike Williams as chief executive officer and a board m...
TANKERS: Saudi shipowner Bahri takes delivery of 37th VLCC Bahri has nine more VLCCs currently on order from HHI that are due for delivery over this year and next
FUTURES: Crude nosedives for third day, pressured by US stock build
US EIA STEO HIGHLIGHTS: Global oil imbalance expected to flip "Improved economic growth in both developed and emerging market countries is expected to contribute to higher global oil demand over the next two years."
ANALYSIS: Market bullish on OPEC cut compliance, but history not on bulls' side - Platts OPEC survey finds 91% cut compliance - Deal may hinge on Saudi willingness to shoulder cuts - EIA, IEA, OPEC reports to guide market sentiment
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