Panamax bulker earnings stabilise at lowest since beginning of March Long tonnage lists in both basins and lower cargoes blamed for week-on-week drop
Weak tanker rates prompt more period charter demand Charterers seek to minimise exposure amid strengthening confidence over vessel demand
DFDS profits spark full-year record hope Ferry and ro-ro operator could improve on last year's all-time high profit, says Smedegaard
Falmouth Docks shut down after crane collapse No injuries were reported but the docks were evacuated as an investigation is expected
Supreme Court quashes Gard appeal in landmark Ocean Victory case 'Abnormal occurrence' has plain English meaning in safe port warranties, Justices rule
Chemical freight woes push Team Tankers and Navig8 into the red Team Tankers looks to build fleet in this year's down cycle
We've taken our nasty medicine, says Braemar's Kidwell Rescaling the business has been tough but necessary in face of challenging conditions, says Braemar Shipping Services
International Seaways to splash $30m in share repurchases Tanker firm plans to grow and renew fleet simultaneously
Abandoned crew seeking court help after fatality Ten crew members remain in Romania claiming four months' unpaid wages after their master's death
Bernhard Schulte Shipmanagement calls time on manned ships Bob Maxwell pours cold water on rush to digitalisation while looking to move into offshore production and storage
Chinese yards seek buyers for $20bn of abandoned offshore projects Builders struggling to dispose of rigs and support vessels
Kongsberg will have fully autonomous feedership in three years Zero emissions feedership will hit Norwegian water in 2018, and herald move from road to maritime transport
Asia-Europe traffic up 5.2% in first quarter Strengthening European economy continues to drive westbound volumes, while eastbound traffic reached unprecedented levels
Another Polaris ore carrier found with cracks Stellar Queen anchored off Brazil as flag and class inspectors fly in to assess cracks found in deck plating
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Shippers fear Yang Ming failure Smaller forwarders in Asia are using other carriers where possible
Shipping's 2017 earnings steady but downside risk high, Moody's says Outlook remains subdued due to continuing vessel oversupply and depressed operating earnings
South Korean yards scoop up $1bn VLCC orders Reports name Frontline as one possible buyer with a total of 12 vessels in the works across Hyundai Heavy Industries and Samsung Heavy Industries
2017 - The year of the MRV The European Union's regime for monitoring ships' CO2 emissions will affect the relationships between owners, managers, charterers, pool partners and others, but at what cost?
Rickmers rescue deal could go either way Plan would see owner lose over three quarters of his stake
Seacor sets date for offshore vessel spinoff Shareholders will receive a dividend on 1 June that will give them a nearly identical stake in Seacor Marine Holdings.
Wilh Wilhelmsen profit slip 'not satisfactory' But Thomas Wilhelmsen says the company is positioned for growth after recent moves.
Ruling turns up heat for Swiss MPP sales Former partner of SCL touted as possible buyer of fleet
Genco pulls dry pool ships to grow in-house operation Move comes as New York-listed shipowner parts with previous strategy and seeks to bolster commercial platform with focus on more voyage business
US pulls plug on proposal to tighten Jones Act rules Customs agency says measure to make it harder for foreign-flag offshore construction vessels to operate in US waters should be 'reconsidered'.
Chilean Maritime snaps up Scorpio MR units Chilean owner behind the purchase of two medium-range tankers
Atlantis takes in tanker newbuild after 11-year wait Order first inked in 2006 at claimed loss-making price with shipyard taken over by Yildirim Group led to legal dispute before steel could be moved elsewhere
OSG in 'solid' quarter with US-flag focus Tanker owner delivers profit in first quarter despite challenges in Jones Act market.
International Seaways gears up to spend after expected profit dip New York tanker owner authorises $30m share buyback programme and looks at tanker buys as it reports decline in quarterly profit.
Hansson and son stock up on NAO shares Family's holding in OSV specialist swells to 5.4% with one million shares added in two days.
Braemar looks to institutions after retail therapy James Kidwell says recovery story has put Braemar Shipping Services on the radar of new investors.
Blue Water Shipping lands fourth Caspian contract Latest deal takes contract tally with Tengizchevroil to $750m, representatives say.
Troubled Polaris VLOC packed to the brim with Vale iron ore Despite original reports that cracks were found before loading, satellite tracking data show a giant bulker picked up a cargo at Ponta da Madeira.
IHC wins order from Dutch Dredging Dutch yard to hand over another trailing suction hopper vessel to owner.
Tanker experts weigh up 2017 VLCC order rush Braemar's James Gundy and DHT's Svein Moxnes Harfjeld reflect on this year's spike in tanker orders.
Boskalis projects weak first quarter result Dutch dredging and offshore specialist set to feel pressure on profitability on the back of lower revenue.
Fortuna FLNG signs up Gandria Golar LNG has signed agreements for the conversion of its laid up LNG carrier Gandria (built 1977) to serve as the liquefaction unit for its 2.5-million tonne per annum floating LNG (FLNG) production project Fortuna FLNG off Equatorial Guinea. Main project developer Ophir Energy said the 126,000-cbm Gandria vessel, which is due to converted at Singapore's Keppel Shipyard, will be acquired by the
Yang Ming: loans will be renewed Relationship with lenders "going well", container line says.
Drewry sees no crude recovery before 2020 Global shipping consultancy claims any market upturn will be determined by scrapping activity.
Titagarh bags barge, research ship orders Indian yard inks contracts worth $26m.
Taiwan Navigation orders bulker double Owner returning to Oshima in Japan for ultramax newbuildings.
Daiichi wins landmark Ocean Victory case Gard's claim rejected after grounding of bulker at Kashima in 2006.
Uy plots upgrades, fuel deals after IPO Philippines tycoon will unify his shipping empire following Manila listing.
JMU teams up on SPB tanks for LNG fueling Japanese shipbuilder Japan Marine United (JMU) has signed a cooperation agreement with engineering and production company for maritime and offshore aluminum structures Aluship Technology in Poland to build self-supporting prismatic-shape IMO type B (SPB) LNG cargo and bunker tanks. JMU, which is fitting the first SPB tanks to built in over 25 years on four LNG carriers constructed in Japan, said
Showa Shell and Idemitsu Kosan merging VLCC fleets Japanese refiners and shipowners form Brighter Energy Alliance to jointly operate 20 tankers as they pursue full merger.
Merged WWL launches new payout policy Oslo-listed company plans to distribute 30% to 50% of its after-tax profit to shareholders.
Arkas Line reshapes Black Sea runs Turkish owner reorganises after joint service ended with Seago.
Yara set to build first autonomous vessel Agriculture company targets reduction of diesel truck haulage with 100% electric feedership.
TGS returns to profit as revenue jumps Norwegian offshore charterer sitting on healthy cash pile after first quarter.
Will South Carolina Gov. McMaster's veto stop bill to raise state gas tax? South Carolina Gov. Henry McMaster vetoed a highway funding bill Tuesday that would increase the state's current 16.75-cent gas tax by 12 c...
Amsterdam Airport Schiphol implements Compliance Checker tool Amsterdam Airport Schiphol has implemented a new online compliance system as part of Schiphol's Smart Cargo Mainport Program, the airport s...
KAMCO to take over 20 vessels owned by six carriers South Korea's debt clearing house, Korea Asset Management Corp. (KAMCO), will sign a contract to acquire 20 container and bulk vessels wort...
Emirates SkyCargo, Cargolux ink partnership in Munich Emirates SkyCargo and Luxembourg-based Cargolux inked a memorandum of understanding (MoU) to cooperate on cargo airfreight services at the ...
ICTSI earnings rise 23% in Q1 International Container Terminal Services, Inc. (ICTSI) posted net earnings of $42.2 million in the first quarter of 2017, an increase of 2...
Kerry Logistics acquires majority stake in Tuvia Italia Hong Kong-based third-party logistics provider Kerry Logistics Network Ltd.has signed an agreement for the acquisition of a majority stake ...
XPO Logistics rebrands North American LTL business Source: XPO Logistics The bulk of XPO Logistics, Inc.'s rebranding of its North American less-than-truckload business was completed in nine ...
Global oil market seen tightening by 2020 as field declines accelerate - Decline, depletion rates rising - Growing reliance on US shale - Refining issues with rise in light crudes
US Customs withdraws proposal to tighten Jones Act, end exemptions The agency proposed in January revoking decades of rulings allowing foreign-built vessels to transport certain equipment, such as repair pipe, between US ports and oil and natural gas operations in US waters.
INTERVIEW: Oil prices set to recover in 2017 assuming OPEC cut rollover: IEA - Oil supply deficit may grow sharply in H2 - Crude stocks likely to return to norms in 2017 - Short term oil demand unfazed by Trump, Brexit
Oil jumps as EIA data shows crude draw above expectations NYMEX June crude settled $1.45/b higher at $47.33/b. ICE July Brent rose $1.49 to settle at $50.22/b.
Malta bunker operations disrupted by rough weather: Port authority Rough weather has been disrupting the bunker market in Malta and more is likely to follow
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