Zim appoints successor to Rafi Danieli Update: Former Israel Electric chief executive Eli Glickman to take charge of Israeli line
Wrist Ship Supply profit hit by bargain hunters Squeezed customers look for lower priced goods for their ships and offshore units
BIMCO makes fresh call to step up bulkers demolition Fleet growth led by handymax segment
Strong Chinese iron ore demand drives capesize rates above $12,000 per day Exports from Australia and Brazil pick up as freight rates rally to a six-week high
Long Beach box traffic slumps Early Chinese New Year hits February traffic, pushing year-to-date figures below 2016 levels
Spanish unions cut back ports strike Workers cancel action on Friday and early next week in hope of successful labour reform negotiations with employers
Torm in financing drive but keeps cards close to its chest Updated: Danish product tanker firm has concrete plan for secondhand purchases after 2016 net loss
US output of LPG to rise Fresh cargo-carrying opportunities for VLGCs amid US volume forecasts and Asian demand
Offen takes over Conti Group German owner boosts fleet with acquisition of owner and shipmanager
The Alliance to take collective responsibility in case of carrier collapse Contingency fund will be established to protect shippers against bankruptcy risks
Dry bulker freight rates to remain firm with rosy demand, says Platts But supply-side headaches might put a damper on sentiment
APL launches Japan Straits Express Service Inaugural voyage will start on April 17
UK budget neutral for shipping and good for offshore No news is good news as shipping rules are unaffected
Asia sea robbery incidents trend lower in February But crew abductions continue to be a cause for concern
Diana Shipping secures time charters with Koch and Transgrain Improved rates to generate $7.5m in gross revenue for minimum charter periods
An electric future Developing cleaner motive power for ships is gathering momentum
EMAS Chiyoda prepares to tear up $342m in contracts Offshore vessel company asks US bankruptcy judge to terminate five charters.
US ports are above average, only slightly Quadrennial scorecard on US infrastructure sees small gains in port spending.
US yard's claim could lead Ezra to wind up Singapore offshore vessel owner says it may start insolvency proceedings if $3.21m claim cannot be paid.
Former Israel Electric boss takes over at Zim Shipping outsider takes helm from Rafi Danieli to lead Israeli liner operator at key juncture.
Oldendorff sitting pretty in bulker bargain hunt Germen owner leading the way as both real and paper profits open up on ships bought at the bottom.
Shots fired at Dragnis-controlled ship A Greek bulker came under attack in African waters and four seafarers were kidnapped in a separate incident.
Ineos' new tank to add to VLGC cargo needs European petrochemical company looking to enhance LPG supply flexibility.
Star Bulk wins Qualship status from USCG Vessels in the fleet of Petros Pappas-backed bulker owner join 'elite' class, agency says.
WSF sells oldest ferry for further trading Ship built in 1954 heading from US to the Caribbean.
Kjaedegaard in at V.Group Former Maersk executive joins reshaped board of world's largest management company.
More charges laid against ex-DSME CEO Nam Sang-tae accused of cooking yard's books for additional two years.
Claus-Peter Offen takes over Conti Group German market takes another consolidation step as 169-ship fleet created.
European yards team up to deliver message Five green recycling facilities form new group aiming to keep EU ships in Europe.
Torm to leave no stone unturned on growth path Chief executive says largest cash position for nearly a decade means it can look at all expansion options.
Polferries orders $110m ro-pax in Poland Domestic operator picks Gryfia yard for the start of its fleet renewal.
Brittany Ferries posts best numbers in decade French operator says passengers and freight volumes rose last year.
Farstad fixes finance for Vard newbuild Danske Bank, DNB and others providing $35m for ship chartered to Technip.
Crewman airlifted from Greek bulker Greek authorities deploy Super Puma helicopter to assist 24-year-old man on Technomar bulker.
Wrist profit worsens in offshore slump World's biggest ship supplier hit by reduced demand in 2016.
Shreyas buying Balaji Shipping from parent Transworld group reorganising its India to Middle East operations.
Zim launches online emissions calculator Israeli line's clients can work out how much CO2 and SOX is coming from its boxships.
THE Alliance takes bankruptcy precaution Hapag-Lloyd, K Line, MOL, NYK and Yang Ming develop contingency plan in the wake of Hanjin's demise
Torm joins sale-and-leaseback ranks Danish owner reveals double deal at the same time as bottom line loss but strong operating figures.
Korean banks' profit fall 32% in 2016 Net earnings chopped due to losses from domestic shipbuilding and shipping.
ZIM taps Glickman as new CEO ZIM Integrated Shipping Services Ltd. said it has nominated Eli Glickman to serve as its next president and chief executive officer, effect...
K + N extends partnership with SAS Scandinavian Airlines Swiss-based third-party logistics provider Kuehne + Nagel Group has extended its partnership with SAS Scandinavian Airlines (SAS) through 2...
THE Alliance details new service network THE Alliance, the vessel sharing arrangement between ocean carriers Hapag-Lloyd of Germany, Taiwan's Yang Ming, and the "Big 3" Japanese li...
Claus-Peter Offen to purchase Conti Group Hamburg shipowner Claus-Peter Offen has announced plans to take over the Munich-based Conti Group, according to TradeWinds and Lloyd's List...
CSX train collides with charter bus in Biloxi, Miss. A CSX Corp. train collided with a charter bus in Biloxi, Miss., Tuesday afternoon, leaving at least four people dead and dozens more injure...
APL to commence new intra-Asia loop Ocean carrier APL, now a subsidiary of France's CMA CGM, is launching a new intra-Asia service dubbed "JTX," the company said in a statemen...
ZIM launches ECO data calculator Israeli ocean carrier ZIM has launched a new ECO data calculator that provides their customers and business partners with information on ca...
Senate to hold hearing on Lighthizer USTR nomination The Senate Finance Committee will hold a hearing next Tuesday to consider the nomination of Robert Lighthizer to be U.S. Trade Representati...
Roadrunner restructures temp-controlled service unit Roadrunner Transportation Systems has formed a new temperature-controlled transportation unit by combining M. Bruenger and R&M Transpor...
Oil futures' slide continues, NYMEX April crude settles below $50/b NYMEX April crude settled $1 lower at $49.28/b, the low for a front-month NYMEX contract since November 29. ICE May Brent declined 92 cents to $52.19/b, lowest level for prompt-month Brent since November 30.
CERAWEEK: Shale boom may threaten OPEC/non-OPEC deal, but more investment needed - Saudi, Russian ministers try to assuage worry about US shale growth - US output estimated to grow as much as 600,000 b/d this year - Global supply crunch looms amid decline in investments
First fuel oil VLCC for April fixed as Europe to Asia arbitrage opens up The Maran Athena VLCC will load from Rotterdam on April 1 for a freight lumpsum of $3.5 million, booked by Total's shipping arm CSSA, according to shipping reports.
ARA fuel oil stocks surge on closed arbitrage to Asia Unattractive economics to send fuel oil to Singapore in March has caused fuel oil inventories in the Amsterdam-Rotterdam-Antwerp region to surge
External: Praxis Energy Agents S.A
FUTURES: Crude sinks under weight of US inventories
Fourth VLCC booked for March Forties loading despite lackluster Asian demand A fourth VLCC has been reportedly placed on subjects to load Forties crude at the Hound Point terminal in March, according to trading and shipping sources, despite persistent doubts about current Far Eastern demand for Atlantic Basin crudes.
External: Wired Bunkering
LNG bunkering group SEA\LNG inks MOU to accelerate use of LNG as marine fuel SEA\LNG has pledged to share knowledge and data with SGMF.
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