Innovate or die Container shipping drags itself into the digital era, at last
We're proud and in control, says DHT Tanker outfit says it is now in the 'premier league' of VLCC owners and refuses to be pushed around by others
Ballast water rules to help bigger owners in US trade Smaller players will not be able to compete due to compliance costs, says Eagle Bulk's Gary Vogel
Macron border control shake-up could hit ferry operators UK Chamber of Shipping warns over threat to end Le Touquet treaty
New guide aims to help seafarers affected by stress Charity issues guidelines for seafarers and close ones as stigma over seafarer trauma persists
Supramax rates ebb to two-month low amid weak Pacific and Atlantic trades But some expect market to recover on the back of increased grain movements
Data Hub: World Fleet Update As supply and demand balance stabilises, carriers and owners will need to maintain discipline on orders
New VLCC orders already more than double 2016 total Low prices at yards driving wave of ordering
Gener8 Maritime offloads VLCC pair to AET at $81m apiece Prices at a premium to market valuations
Shippers scrutinise carriers over Europe-Asia congestion Eastbound rates subside after two-month spike, but shippers are unhappy due to 'unjustified' surcharges, low-value cargo being priced off the trade, and ongoing backlogs
Emerging markets help to lift ICTSI first-quarter volumes by 11% Operations in Iraq and Democratic Republic of Congo boost total throughput numbers
Euronav inks two more charter deals with Valero Energy Tanker operator now has four long-term charters with refineries giant
China Merchants boss: 53 VLCCs is not enough CMES dismisses fall in freight rates as strong market fundamentals stir appetite for expansion
Maersk defends Alibaba trial Danish group dismisses reports of little interest in online platform for cargo bookings
Ocean Rig unit debt restructuring hits a snag Major stakeholder of unit opposes proposed restructuring scheme
Genco narrows first-quarter losses Company sees boost in rates and continues to improve the age profile of the fleet
Eagle Bulk reports narrower first-quarter loss of $11m Improved time charter rates and more chartered in vessels lead to higher revenue
Tepid tanker market and higher voyage costs hit DHT net profit Earnings per share come in below forecasts
Parakou founder CC Liu dies Mr Liu started his career as a ship engineer
Genco moves to offence with focus on M&A Chief executive John Wobensmith says New York-listed bulker owner sees focus on capesizes, ultramaxes and supramaxes.
Shell testing restart of Forcados exports Restart of major Nigerian tanker terminal could help suezmax market.
Eagle Bulk upsizes in charter swap and eyes more renewal New York-listed bulker owner switches handysize on long-term charter for ultramax as focus on the larger class grows.
DHT Holdings opens up on Frontline pursuit Co-chief executives discuss their position in takeover saga.
Navios Partners keeps up buying spree with another cape New York-listed bulker owner picks up third large bulker in as many weeks.
Black Sea Shipyard's loss mounts Ukrainian plant sees annual deficit grow threefold as revenue falls.
GasLog Partners tries for $121m in unit sale LNG carrier owner wants cash for potential drop-downs from parent.
CFO quits at yard group Cosco Shipping Singapore-listed company looking for permanent successor as Ma Hong Han steps down.
Restructured Havila reports big profit Offshore owner lifted by redemption of debt but utilisation remains low.
Bahri in major Shell VLCC deal Consolidation steps up as Saudi operator ties up deal to use Shell tankers for its Arabian Gulf exports.
Probe begins after crewman "stabbed" on cargoship Dutch police investigating incident on Universal Marine vessel.
Gener8 Maritime swells coffers with triple sale Peter Georgiopoulos points to important decisions providing significant flexibility.
Kenny replaces French at BMT Group UK engineering company appoints QinetiQ director as French departs after 12 years as CEO.
Alaska Tanker set to retire 2004-built ship Report claims that BP-affiliated company looks to withdraw suezmax that has faced technical problems in the past.
Moody's turns more positive on Navios Maritime Holdings Ratings agency encouraged by bulker market upturn and end of dispute with Vale.
Owner and staff jailed over ferry sinking Bangladesh court convicts company and nine workers after accident claimed 81 lives.
Brazilian OSV phoenix to rise from flames Broker Westshore cautiously upbeat on prospects as tenders increase.
Loading issues blamed for cargoship capsize Salvage plan being drawn up for Southern Phoenix in Fiji.
Bugbee back for more Scorpio Bulkers shares President picks up more stock in bulker owner amid positive comments from analysts.
McDermott gets 100% of Oceanteam vessel US owner buys remaining 25% stake in joint venture with restructuring Norwegian company.
Lone bondholder holds up DSME Korean yard trying to persuade opponent of restructuring to drop objection.
Commerzbank loan losses hit $212m First quarter provisions rise at German lender due to shipping woes - with more to come.
Euronav orders suezmaxes for long-term charter New York-listed owner says Valero Energy taking duo to be built at Hyundai Heavy.
Incat wins Spanish ro-pax newbuilding deal Australian fast ferry wins repeat business from Naviera Armas with third ship in as many years.
Top Spanish investor buys into Teekay Corp Kenneth Hvid-led tanker and offshore company says hola to be new significant shareholder.
China bauxite demand driving up ton-miles World's largest aluminum consumer having to go further afield for commodity, says Torvald Klaveness
Ezion Holdings set to post first quarter loss Singapore-listed offshore vessel firm says results impacted by depreciation of US dollar.
Denmark to help combat resurgent pirates Danish military to supply spy in the sky to counter renewed threat to shipping off Somalia.
Trump signs H.R. 244 into law President Donald Trump signed H.R. 244, the Consolidated Appropriations Act, 2017 into law on Friday. The U.S. House of Representatives ap...
NRF: Major U.S. retail container ports can expect imports to rise Source: trekandshoot/Shutterstock Ports covered by the Global Port Tracker handled 1.53 million TEUs in March, up 6.8 percent from February ...
St. George Logistics acquires Dicom's Extra Express division St. George Logistics (STG), North America's largest provider of outsourced container freight station services, has acquired the Extra Expre...
Antonov Airlines sets sights on overseas expansion The Ukrainian heavy-lift air carrier Antonov Airlines is preparing its aircraft fleet and expanding cargo sales for future operations in th...
LLamasoft lands new investment from TPG The supply chain modeling and design software provider LLamasoft said Tuesday it has received an investment by the global private equity gr...
Puerto Rico trade outlook uncretain following debt restructuring It's too early to tell how the decision last week by Puerto Rico to restructure $123 billion in public debt and pension obligations, essenti...
EC adopts measures within EU Single Market plan The European Commission (EC) adopted a package of measures last week within the "EU Single Market" to ensure European Union (EU) regulation...
Werner to implement MacroPoint's visibility platform Omaha, Neb.-based transportation and logistics services provider Werner Enterprises, Inc. will implement freight tracking software provider...
Port of Long Beach volumes jump 16.5% in April The Port of Long Beach handled 558,014 TEUs of containerized cargo in April 2017, a 16.5 percent increase from the same month a year ago, a...
IFO 380 Buenos Aires fell to lowest level in over one month on ample supplies IFO 380 grades at Buenos Aires were assessed at $349/mt delivered, down $9, based on price indications around $350-360/mt delivered.
ANALYSIS: Iran's oil exports slip in April, loses market share in Asia - Exports fall 8% to 2.16 million b/d - Chinese, Indian demand ebbs - Stiffer competition from Saudis, Iraq - Austria to emerge as new customer
TANKERS: Sharp rise in inquiry provides firming pressure to freight rates All told, there were at least five cargoes working on Tuesday, with Vitol, Valero, Shell, Koch and PMI being represented.
Crude decline pushes implied volatility higher NYMEX June crude settled 55 cents lower at $45.88/b. ICE July Brent settled 61 cents lower at $48.73/b.
Med fuel oil blenders opt for Baltic M100 on strong finished-spec demand M100 is typically used as a blend component to produce finished grade fuel oil, especially at times when refinery produced RMG 380 is expensive.
NWE set to return from shortage of low metal LSFO: market sources Northwest Europe is set to return from a shortage in low sulfur fuel oil with a low metals content as one of two refinery streams that had been offline return to operations
Gothenburg fuel oil prices hit month low despite maintenance Sweden 380 CST fuel oil prices hit a month low Monday, closing at $286.00/mt. The last time levels were lower was March 31 at $285.00/mt.
Istanbul bunker market sees heavy congestion following poor visibility There are delays of three days through the Bosporus, both northbound and southbound
Gener8 Maritime well-positioned for growth with young fleet: CEO A young, well-positioned fleet gives Gener8 Maritime a comparative advantage over rivals, CEO Peter Georgiopoulos said Tuesday during a first-quarter 2017 earnings call.
FACTBOX: Spring refinery maintenance in Europe, Russia drawing to a close
External: Praxis Energy Agents S.A
External: Wired Bunkering
FUTURES: Oil largely unchanged on mixed outlook on supply
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