Oakland sets box record Loaded containers reach all-time high in 2016
Minoan Lines puts more focus on Greek market as Grimaldi giants depart Ending a 35-year presence in the Adriatic Sea trades may slash turnover but could soften slap from stiffer fuel costs
LNG tankers' spot rates near two-year high Market outlook optimistic with Gorgon and Angola projects back online and new import terminals up in France and Turkey
Handysize bulkers slide 11% on week with Atlantic weakness Earnings hovering just slightly above $7,000 per day
DryShips exercises option for first Shell-chartered VLGC Rebooted George Economou-led company cracks on with diversification into gas
DHT defers VLCC newbuilding DHT finds rudder issue on inspection of new vessel
Liner pressure easing at northern European ports New alliance networks suggest the trends of low-frequency services and relentless vessel upsizing are on the wane, says new report
American Hellenic tops 1,000 insured vessels New American P&I Club hull venture sails ahead of projections in first six months
IMO slams Brussels over revised emissions trading system Kitack Lim warns of danger to IMO's agreed greenhouse gas reduction roadmap in letter to EU institutional heads
Eagle Lyon Pope relaunched as marine and port consultancy Well-known brand name revived as part of Global Maritime
Great Eastern Shipping buys suezmax pair for $75m Fresh price marker laid down in latest crude tanker deal
Iran brings more idle tankers out of oil storage mode Move coincides with higher oil prices and charter rates
Maersk integration plan to boost fortunes Jefferies lifts outlook as focus on transport and logistics set to boost carrier's results
Gadani fire reportedly claims multiple lives Ship-breaking yard sees second fire in less than a month as local media report up to five deaths
Cosco Shipping Energy bids for six-year-old LPG carrier Vessel priced at about $5.2m on the Chongqing Assets and Equity Exchange
Pacific Basin finance chief Andrew Broomhead resigns Executive director wants to to relocate with his family to the UK this summer
Growing iron ore supply to push prices down to $49 a tonne Capesize earnings improved significantly this year on Chinese demand
Hanjin Shipping reschedules court meeting Postponement to take into account upcoming sale of assets
Hyundai Mipo clinches product tanker order from GS Caltex arm Deal was sealed last month
Iran's Chabahar port seeks cargo handling equipment proposals Developing port looks to rival China-funded Gwadar port in Pakistan
Courage Marine looks to raise cash via shares placement Net proceeds to be used for general working capital and/or to fund business or investment opportunities
Gulf Navigation inks pact with Polimar Turkish Holding Both to co-operate on maritime agencies, vessel services and marine products
Sembcorp Marine extends standstill deal with North Atlantic Drilling a fourth time Agreement period has been pushed back to July 6, 2017
Zhonggu Shipping to raise $87m for fleet expansion Company looking to tap growing box trade in the domestic market
Cosco Singapore postpones rig delivery Agreement comes amid challenging conditions in offshore oil and gas markets
Wilbur Ross-backed Navigator gets upgrade Wells Fargo likes the name for exposure to chemical gas exports, along with LPG.
Hanjin creditors question bidding in terminal sale to MSC In addition to seeking more information on sale of Total Terminal International shares, some creditors want cash to stay in US court.
Oman moves forward on LPG export project State-owned oil company awards contract with view towards first exports by 2020.
Axia signs new chief for shipping research Cyprus-based investment bank replaces former analyst who bolted for TMS Cardiff.
Gener8 Maritime aframax sale fails New York-listed owner now expected to keep vessel in Navig8 pool.
Edison Chouest wins AHTS extensions Chevron keeps on two of US owner's vessels in Brazil.
Koch locks in Greek-owned capesize Trader fixes cape for a year at a shade above the present spot market level.
Probulk targets Eregli owner with US lawsuit New York bulker owner chasing unpaid arbitration award from Levent Karacelik and his Turkish shipping group.
IMO warns Brussels over emissions Kitack Lim hits out at European Union move to involve shipping in emissions trading
DryShips makes maiden VLGC purchase George Economou-led company acquires first gasship for $83.5m.
2017 starts in decline for crude tankers Average day rates in all major crude tanker sectors. MR and LR2 earnings inch upward, but LR1s pull back.
OSEC Shipyard to be liquidated OEL (Holdings) receives winding up order from Singapore high court.
DHT Holdings fixes VLCC rudder problems Shipowner says HHI will pay for repair work as final tanker in series is pushed in 2017.
Cai plots IPO for heavy-lifter GPO Singapore owner's founder aims to go public this year as fleet nears delivery.
Kollakis connected to Hanjin bulker brace Greek owner tipped to have picked up pair of dry cargo vessels in deal worth over $26m.
China Shipbuilding raises profit forecast Chinese shipbuilder focuses on operational efficiency and is now projecting a positive result.
Cammell Laird's annual profit falls UK shipyard hurt by drop-off in military work in year to March 2016.
Korea cracks open egg shipping fund Government to subsidise cost of bringing in supplies as it tackles bird flu.
Gulf Navigation seals third alliance Agency deal sees Middle East tanker owner team up with Turkey's Polimar.
Fredriksen rig pushed back again North Atlantic Drilling says Jurong newbuilding now expected in July as hunt for work goes on.
Three killed in second fire on beached LPGC Tragedy strikes Gadani breaking yard again - the third major incident in three months.
HSH hopeful of finding a buyer, CFO says Privatisation of German bank with large shipping book can be secured before early 2018 deadline.
Creditors oppose Hanjin's US terminal sale Bankrupt Korean owner reveals potential problems over disposal of Long Beach port shares.
Minoan exits the Adriatic after 35 years Emanuele Grimaldi-led ferry owner redelivers two ships serving the Greece-Italy route to sister company.
Fearnley forecasts bulker price rise Asset values to pick up by around 30% over coming years, analysts say, suggesting orderbook smaller than nominal figures suggest.
Spetalen PSV spree 'cheapest ever' Norwegian investor has taken a different path to rivals in OSV sector and it seems to be paying off.
Broomhead exiting Pacific Basin Shipping Chief financial officer set to depart Hong Kong-listed bulker owner by close of 2017.
Port of Wilmington, N.C. to receive new cranes North Carolina Ports has ordered two new ship-to-shore cranes from designer Shanghai Zhenjua Heavy Industry Co., Ltd. (ZPMC) for the Port o...
Port of Oakland sets record in 2016 The Port of Oakland handled a record amount of loaded containerized cargo in 2016 at 1.83 million TEUs, topping the previous record of 1.82...
NWSA objects to terminal sale The Northwest Seaport Alliance (NWSA), which encompasses marine terminalsat the ports of Seattle and Tacoma,said Friday that it filed an ob...
Senate tabs Thune for second term as chairman of transportation committee The U.S. Senate last week officially ratified Sen. John Thune, R-S.D., for his second straight term as chairman of the Senate Committee on ...
Questions raised by ILWU lawsuit referred to Oregon Supreme Court The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013. ...
IMO's Lim speaks out against including shipping in EU-ETS Kitack Lim, the secretary-general of the U.N.'s International Maritime Organization (IMO), has spoken out against plans on including shippi...
UPS acquires U.K.-based truck broker United Parcel Service Inc. (UPS) has acquired United Kingdom-based truck broker Freightex, according to a statement from the
January USGC distillate arrivals to Europe seen at 700,000 mt so far Only three Medium Range-sized vessels, totalling around 120,000 mt, have left the USGC in the last week bound for either Northwest Europe or the Mediterranean.
ANALYSIS: Refinery repairs, imports likely pushed US stocks higher With a major US Gulf Coast facility starting planned repairs last week, the start of the seasonal slowdown in refinery activity could be underway.
First February HSFO VLCC on subjects for Rotterdam-Singapore: sources "The arbitrage is looking very interesting, especially in the North but we are also seeing increasing interest in the Mediterranean," one arbitrage trader said.
Suez out of bunker fuel, no resupply date set: supplier "We have no firm date for resupply. We are waiting," MISR Petroleum said, adding the port has been out of fuel for over two months.
Bunker sales at Gibraltar up 2% in 2016: port authority Bunker-only calls by ships were up 3%, the GPA said.
REFINERY NEWS: FCC at UK's Grangemouth offline: sources Last week, one of the three CDUs was also offline but has since restarted.
External: Wired Bunkering
UAE's Gulf Navigation Holding partners with Polimar Turkish Holding for marine business Agreement part of GNH's strategy to diversify its operations and increase its assets through both internal growth and global collaborations.
TENDER DATA: Taiwan's Formosa offers 10,000 mt fuel oil for Jan 21-23
FUTURES 2: Oil lower as market awaits OPEC output numbers post deal
FUTURES: Crude edges lower on rising rig count, stronger dollar Crude oil futures were steady to lower as the dollar inched back to 14-year highs
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