Three quarters of marine claims down to human error, says Allianz But good news is that shipping losses are down 45% over decade
Brussels signs off Maersk's Hamburg Süd acquisition German line must exit South American vessel sharing agreements
Greece seeks improved bids for Thessaloniki No new deadline announced for new offers from remaining bidders
Odfjell finalises $116m deal for two new chemical tankers Norwegian owner seals the deal with Chinese yard following last month's letter of intent
Leaking Polaris ore carrier awaits repairs Converted VLOC was due to arrive in China with Brazilian iron ore in early May
Tsakos hails Romanian yard as European shipbuilding beacon Daewoo-Mangalia has now delivered two thirds of TEN's aframax series for Statoil trading
Digitalisation must focus on business before technology Lessons from the past show the future lies in collaboration
Maersk Tankers and Torm offload ships in fleet renewal drive Both of the big name Danish product tanker players eager to stay attractive to charterers ahead of expected improvement in freight market
China Merchants Port offloads CIMC shares to affiliate Move is aimed to help consolidate core businesses
Attack thwarted on bulk carrier crossing the Gulf of Aden A naval helicopter was dispatched to confirm the location of the perpetrators on the vessel
First UK-Asia container train departs from London Gateway Rail service to compete with sea freight for time-sensitive cargoes
Easter holidays to cast a shadow over handysize freight rates Iranian cargoes support Atlantic market, while Pacific reaches standstill
Cosco and OOCL launch new Europe-Turkey service New service includes Felixstowe, Hamburg and Antwerp
Indian state-owned ports' throughput rises 6.8% Gains in crude and iron ore volumes offset lower coal shipments in 2016/2017 fiscal year
HNA Group to acquire Singapore logistics provider for $995m Deadline for the deal to be completed is by September 9 this year
Sembcorp Marine offloads stake in Chinese engineering firm Disposal is part of group's strategy to realise investments in non-core businesses
Hyundai Merchant Marine to order up to 10 VLCCs from DSME Deal scheduled to be finalised by July
Vard chips away at diversifying with deal to build live fish carrier Farmed rainbow trout producer Fjordlaks Aqua orders vessel based on Vard 8 50 design with delivery in third quarter of 2018
FMC approves East Coast Port Gateway Terminal deal Virginia and Georgia port authorities to start talks on commercial and operational issues
Cyclone Debbie to knock 15m tonnes of coal from the market Port stockpiles could be used but that is dependent on length of stoppages
Seaport analyst lifts target for Scorpio Bulkers stock Investment bank bets on 23.7% premium in New York-listed bulk owner's shares.
USCG OKs fourth ballast treatment system More products come available as US Coast Guard steps up compliance efforts.
Ocean Rig receives Nasdaq delisting notice Exchange notice follows bankruptcy filing from George Economou-backed drillship owner.
Polarcus chair: 'Few signs of improvement' Seismic vessel owner's top leaders see continued challenges ahead for sector.
EU approves Maersk and Hamburg Sud deal Danish liner giant takes major step on road to sealing deal to take over German rival and aims to sell Mercosul Line.
Seaspan eliminates S&P fees to CEO Wang Move comes as largest shareholder of boxship lessor name two directors to larger board.
JP Morgan: 'VLCC orders worrisome' Bank raises alarm at growing backlog as 2017 newbuilding tally passes 2016 total.
Economou redraws revolver with DryShips Revised credit facility expected to help shipowner gain access to bank financing once again.
Damen buys Keppel's Dutch shipyard Singapore-listed group offloads Rotterdam-based facility to European rival.
VLCCs charge ahead All other tanker sectors slump, led by LR1s and suezmaxes.
Odfjell firms Chinese newbuilding brace Letter of intent at Hudong-Zhonghua has been turned into a firm contract, Oslo-listed owner says.
Wall Street examines bulker price push Analysts expect values to continue upwards with newbuilding interest not yet causing alarm.
Songa Bulk looks into capesizes Herman Billung-led owner could expand its focus beyond supramaxes and kamsarmaxes.
Gulf Marine wins trio of fresh contracts Abu-Dhabi based company inks long-term deals in Europe and a short contract in the Middle East.
Jinhui axes executive bonus payments Once controversial payments have now been reduced to zero at bulker owner.
Corporate Chinese turn to secondhand market Alibra Shipping data shows Chinese shipowners are increasingly interested in buying tonnage already on the water.
Panama Canal books 60 LNG transits to early 2018 Expanded waterway sees demand f rom LNG market exceed expectations.
BW Offshore closes Gabon deal Oil field purchase has been completed by Oslo-listed company and sibling.
SCPA handles record box volumes in March The South Carolina Ports Authority (SCPA) handled 192,311 TEUs in March, up nearly 13 percent from March 2016, the port authority said Mond...
Commentary: Freight policy must keep up with the times Over the last century, the logistics industry has seen its share of progress. While the technology in today's warehouses might seem like s...
MarAd Executive Director says concern exists over mariner shortage U.S. Maritime Administration (MarAd) Executive Director Joel Szabat said the decline in the U.S.-flag domestic fleet and international U.S....
Trucking giants Swift, Knight to merge Two Phoenix-based trucking giants, Swift Transportation and Knight Transportation, will merge companies through an all-stock transaction th...
HNA makes offer for Singapore logistics firm Chinese conglomerateHNA Holding Group Co. Ltd. offered to buy Singapore-based commodities and logistics company CWT Ltd. on Sunday. The of...
Executive Moves: Lineage Logistics, Transervice Logistics and The Tioga Group Lineage Logistics has promoted Chris Timmer to the role of senior vice president of Sales & Value-Added Services. Timmer most recentl...
Kerry Logistics launches UK-China rail service China-based Kerry Logistics was scheduled to launch its first eastbound train from London to Yiwu, China on Monday. The train is scheduled...
MSC, ZIM add Limassol to Israel-North Europe loop Ocean carriers Mediterranean Shipping Co. (MSC) and ZIM Integrated Shipping Services Ltd. are adding a call at Limassol to their jointly op...
Port of Virginia box volumes jump 8.9% in March The Port of Virginia handled 232,148 TEUs of containerized cargo in March 2016, an 8.9 percent increase from the prior-year period, accordi...
ANALYSIS: US crude builds slow down, helping futures rebound
Oil futures rally stays alive after Libya invokes force majeure NYMEX May crude settled 84 cents higher at $53.08/b. ICE June Brent closed 74 cents higher at $55.98/b.
Rough weather, high demand buffer Gothenburg bunkers
External: Praxis Energy Agents S.A
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
FUTURES: Crude higher amid supply concerns
External: Global Risk Management
TRADER NOTE: Former J.P. Morgan middle distillates trader Yu Xiaoping joins Winson Oil Yu Xiaoping joined Winson at the start of April
ANALYSIS: OPEC/non-OPEC cuts may be at risk by Syria military escalation - Saudi, Russia, Iran leaders negotiated OPEC/non-OPEC deal - Output cuts up for review at OPEC's May 25 meeting - Tensions could influence Iran's May 19 election
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