Egypt bans Qatari vessels from port calls Egypt's Ministry of Foreign Affairs issues statement on ban, despite its earlier stance of adhering to the Constantinople Agreement allowing...
IMO agrees framework for GHG emissions reduction strategy MEPC fails to agree much of substance, opting for caution to enable future progress
Is China slowing down? Lower iron ore volumes from Australia to China may signify emerging slowdown
Hapag-Lloyd begins training for UASC staff Half the 500 planned training events to be completed by mid-July to ensure a smooth integration
Hong Kong lifted by liner restructuring Liner alliance 'phasing' and growing headhaul volumes boost HPHT's terminals
Petya attack will not stop shipping digital revolution, says Maersk Line Danish carrier is ensuring all ports it works with can receive and release its containers, says Asia Pacific chief executive...
Fixing America's crumbling infrastructure Investment is needed but it must be relevant
Ballast water: a reprieve is just a reprieve The world is fast growing tired of the shipping sector's excuses over Ballast Water Management Convention compliance. Owners and operators...
DSME on track to complete debt-equity swap next month Move comes after Korean Supreme Court dismisses individual bondholder's appeal to block debt restructuring
Two-year delay for Ballast Water Management Convention Some vessels could have up to September 2024 to install BWM systems
IMO rejects transitional period for sulphur cap Renewed data collection on fuel availability is also denied
Sembcorp Marine extends standstill pact with North Atlantic Drilling for the fifth time Owner will continue to seek employment for vessel while the yard looks for a buyer
Ocean Network Express establishes companies after approval delay Further details due on July 10 after merger of container operations of Japan's big three takes a step forward
Small shipowners adapt to new financing landscape Rumours of family-based shipowners going extinct due to lack of finance are greatly exaggerated
BW places order for up to eight tankers with Daehan Shipbuilding Deal comprises six firm tanker orders and options for two more
Lessons in ship finance from Diana Group Masterful loan buyout from RBS benefits Diana Containerships and Diana Shipping
Yildirim eyes CMA CGM stake sale to fund Ports America purchase Company picks China Citic Bank to seek out interested investors in Asia and the Middle East, says Bloomberg report
Asian firms are stars in VLCC chartering Poten's fixture league table data shows China and India driving the tanker markets.
Brazil to drive iron ore trade growth in 2018 Vale's S11D is on track to see gains through this year and into next, forecast says.
IMO tables Arctic ban on fuel oil for 2018 IMO member states support proposal, but concrete measures not up for vote until next meeting.
Tanker orders suggest 2019 recovery, Gibson says Ship broker tallies year-to-date ordering levels and says newbuild price slide has halted.
Wilbur Ross richest person in Trump's Cabinet Shipping man has more money than his White House cohorts, report says.
Owners win ballast water reprieve IMO decides to delay the implementation of ballast water convention until 2019.
Arctic Securities starts Ardmore Shipping with a buy rating Analyst Andreas Wikborg believes the company has plenty of capacity to add to its fleet.
Karpowership signs Indonesian newbuild deal Turkish owner to supply four power vessels in cooperation with PT Pal.
Golden Union buys Japanese capesize Theodore Veniamis believed to have secured his third bulker purchase of 2017.
Shipping investor Hayfin raises $2.5bn UK fund looks set to pump more cash into shipping and oil and gas.
Houthis lay new mines off Yemen Rebel group aims to damage vessels passing through Bal el-Mandeb strait.
SolstadFarstad secures Petrobras charter Norwegian owner seals one-year deal for anchor-handler in Brazil.
NAT issues dividend pledge to shareholders Tanker owner suggests 80th consecutive quarterly payout will be announced later this month.
LCH shut down 'a matter of competition' London-based clearer of freight found it difficult to stay competitive, according to industry sources.
Hapag-Lloyd forecasts gradual recovery German line says boxship scrapping will lead to growth in sector.
Scorpio steps into car carriers as Marenave seals restructuring Monaco-based group makes first move in new market as Marenave looks to rise from the ashes.
Firefighter hurt in bulker blaze Fire hits laid-up 65-year-old laker in Canada.
Stolt-Nielsen sights chemical tanker growth amid IPO talk Norwegian owner seeks consolidation at the right price as analysts suggest listing within a year.
Panama Canal transits rise again Expanded waterway pushed up vessel calls to 889 in June.
KDB puts STX Engine up for sale A stake of 87% in restructuring manufacturer put on the block.
Berg merges Bech Offshore into GC Rieber Distressed vessel company joins shipowner as founder becomes its CEO.
Japanese owners finalise containership merger MOL, NYK and K Line succeed in setting up holding and operating companies for combined fleet.
Epic Gas seals ship acquisition loan NIBC provides $8.5m senior secured loan facility to go towards cost of gas carrier purchase.
Jurong extends rig agreement with Fredriksen New deal runs until 2018, but analysts say stacked rigs are starting to be shunned by operators.
DHT marks larger shares float after BW deal New York-listed tanker owner also keeps buying back convertible notes below par.
Falcon Energy plans second bondholder meeting It hopes to persuade creditors to waive all financial covenants via a consent solicitation exercise.
Ocean Network Express establishes operating, holding companies Japanese container lines Mitsui O.S.K. Lines (MOL), Kawasaki Kisen Kaisha ("K" Line) and Nippon Yusen Kabushiki Kaisha (NYK) are one step c...
EU, Japan reach agreement on free trade deal The European Union and Japan reached a political agreement in principle on an economic partnership agreement and a strategic partnership ag...
Report: 44% of ocean carriers show 'cyber weakness' Cyber weakness is more common among the shipping industry than many would like to think. In fact, 44 percent of carriers show signs of low...
NCBFAA answers FMC's regulatory review request The National Customs Brokers and Forwarders Association of America (NCBFAA) this week responded to the U.S. Federal Maritime Commission's (...
U.S. trade deficit declines in May The United States' trade deficit in May fell 2.3 percent from a month prior to $46.51 billion as the value of the nation's exports during t...
Abu Dhabi Ports inaugurates new multipurpose port on Delma Island Terminal operator Abu Dhabi Ports in the United Arab Emirates (UAE) has inaugurated the $46 million multipurpose Delma port on Delma Island...
FMC to review 15 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 15 ocean transportation intermediary (OTI) license applications and changes for rev...
SCFI falls on major trades The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) fell 3.2 percent from last Friday's reading of 918.83 to a rea...
AFF acquires Grand Worldwide Logistics American Fast Freight, Inc. (AFF) has acquired warehousing and third-party logistics provider Grand Worldwide Logistics (GWW), the company ...
Oil complex falls on rebound in US oil drilling, production Crude futures settled the previous two sessions well below intraday highs, suggesting the buying pressure that had lifted prices off year-to-date lows set June 21 was fading.
Switching all Arctic shipping to distillates is feasible: ICCT The International Council on Clean Transportation (ICCT) has published a study arguing that there is a small -- "less than 2%" -- increase in cost from switching the entire Arctic shipping fleet to marine distillates in 2020
Comply with IMO 2020 regulations or lose our business, IKEA tells shipowners "At IKEA, we see legal compliance as the absolute minimum requirement for doing business."
External: Wired Bunkering
IMO MEPC approves January 2020 sulfur cap start date The International Maritime Organization's Marine Environment Protection Committee, meeting in London this week, has approved January 1, 2020, as the start date for the global 0.5% sulfur cap on bunker fuel.
Istanbul bunker fuel premium to Novorossiisk at 15-week low The spread between bunker fuel prices in Istanbul, Turkey, and Novorossiisk, in the Russian sector of the Black Sea, has hit a 15-week low amid weak demand at Istanbul, rising demand in the Black Sea, and internal Russian pricing dynamics
Global piracy falls in H1 2017 on joint efforts by Southeast Asian nations Cooperation by Indonesia, Malaysia and the Philippines has led to the overall decline.
Singapore cracking margin climbs to four-month high on firmer gasoil The last time the Singapore cracking margin against Dubai crude was any higher was February 27, 2017, when it stood at $5.13/b
FUTURES: Crude falls amid continued tension over Qatar
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