Trafigura presents optimistic outlook as shipping needs rise Commodities trader builds 30 tankers in BoComm-backed newbuilding deals
Skuld poaches Simpson from Steamship P&I veteran to lead development of North American business
Teekay LNG Partners secures $816m for Yamal LNG service Marine transport company owns a 50% stake in six LNG carriers
Sovcomflot ships first commercial Yamal cargo Vladimir Putin highlighted the importance of the project for Arctic trade
LNG tanker charter rates breach $80,000-per-day mark China's halt of coal-to-gas switch could not stop rally
Dabelstein & Passehl to merge with larger German law firm Arnecke Sibeth Dabelstein to launch on first day of 2018
Maersk rating held on review for downgrade at Moody's Rating agency cites uncertainty over Total proceeds application and pending deals involving units
Daily Briefing As the latest edition of Lloyd's List Containers went to press, the great consolidation game is probably about over for 2017...
SITC to spend $112m on four 2,700 teu newbuilds Deal comes as ordering activities for feeder ships gather momentum
Top 10 in marine insurance 2017 As part of our 2017 Top 100 most influential people in shipping series we look at the very best global...
China Merchants Port raises upfront investment in Hambantota Need for more financing during the early stages of the project spurs payment revision
Hyundai Glovis signs 10-year COA with oil company Company plans to order a new very large crude carrier for the contract
Khalifa to become first Gulf port to handle capesizes Emirates Global Aluminium to deploy capesizes to import bauxite ore through Khalifa port
Vard appoints financial adviser ahead of bourse exit CIMB Bank named to advise the company on the exit offer made by parent Fincantieri
Samsung Heavy Industries appoints new president Nam Joon-woo replaces Park Dae-young at the top post
Antwerp port looks to intermodal transportation to cut road congestion Seven projects picked to lower truck trips by up to 250,000 per year
Shanghai launches $2.1bn unmanned box terminal Designed annual capacity stands at 6.3m teu
Seoul imposes new unilateral sanctions on North Korea Among 20 sanctioned entities, seven firms are either shipping or trading firms
Teekay optimistic on 2018 tanker market Slower fleet growth and expected reversal of Opec production cuts to drive rate improvements
GRS to open Far East office within two years Hamburg-based renewable energy shipbroker is looking to expand into Asian offshore wind market.
Azvalor discloses stake in Tsakos Energy Spanish asset management firm reveals second tanker-related investment for the year.
Atlantic tightness, iron ore drive capes Spot charter rates driven to multi-year high of $30,000 per day as iron ore cargoes, European weather drive market.
Quark Expeditions to add eco-friendlier ship World Explorer will use Rolls Royce diesel-electric engines run by power management system that will lessen emissions by almost 90%.
Brokers split on reports of Navios Maritime bulker sale Some sources believe group holding company has cashed in one of its oldest assets.
Scorpio Tankers sees investor trim stake Largest outside shareholder of New York-listed tanker owner lowers stake to level below 2016 holdings.
Bondholders take $3m of converted Dof shares Norwegian OSV owner issues new stock as investors back company.
MPCC adds Harmstorf trio for $32m Oslo-listed owner's boxship spree continues with move for German-built vessels.
Weather window spurs North Sea OSV rates Respite from winter prompts fixing of 50 anchor-handlers and PSVs.
MAC misses newbuild payment in China Charterer Nautilus in talks over fixing default for mining ship at Fujian Mawei.
Crew abandon listing cargoship off Africa Two merchant vessels come to aid of 13 seafarers from Turkish vessel.
Teekay LNG Partners pens $816m loan New York-listed MLP inks financing for six jointly owned Yamal newbuildings.
OECD study calls for Indonesian cabotage exemptions Report concludes that bringing in foreign mega-ships would lower costs.
OPEC cuts rob crude tanker market of seasonal cheer Arctic Securities researcher points to turning point in the second half of 2018.
First Ship Lease confirms boxship sale Singapore-quoted Trust says cash from deal will help repay debt.
Vitol builds Latvian Shipping stake to 97% Holding in tanker owner boosted through $142m issue of new shares.
Subsea 7 wins "substantial" Aker BP deal Norwegian owner to carry out tie-back work in Aerfugl gas field.
Trafigura to keep fixing as tanker newbuilding tally hits 30 Trading giant confirms newbuilding options taken as it explains tanker expansion.
Keppel O&M scoops $96m of contracts Yard group secures hull work and turret mooring jobs in Brazil and Singapore.
Quartet quit Braemar-ACM in Singapore Tanker brokers to form new shop - Sentosa Shipbrokers
Veteran Andriaki VLCC latest in sales spotlight Greek owner tipped to be the latest to be cashing in a early 2000s built tanker.
Essar Shipping eyes tanker and bulker buys Indian owner could acquire VLCC, suezmax, MR and panamax tonnage, boss Ranjit Singh says.
Korea tightens monitoring of debt-ridden firms Government says efforts will focus on preventing insolvencies and bail-outs.
EMAS Offshore reveals revised loss of $535m Restructuring Singapore owner accounts for big impairments in 2016.
Samsung Heavy CEO quits following losses Geoje yard boss Nam Joonou replacing Park Dae-young, who has resigned after shipbuilder forecast fourth year of losses.
P&O ferry runs aground in Calais Cross-Channel ferry one of several vessels to be impacted as Storm Ana hits Europe.
Vale offloads last of 19 owned VLOCs Brazilian mining behemoth exits large bulker ownership with final vessel sales.
Wilson offloads elderly small bulk carrier Norwegian shipowner says it is not worth taking 1980-built ship through drydocking.
Port of Oakland expects record cargo volumes for 2017 Record cargo volume is expected at the Port of Oakland by the end of 2017 due to improved infrastructure coupled with new supply chain capa...
APL to join Europe-North America loop APL will join CMA CGM on a transatlantic loop in January. CMA CGM subsidiary APL will join its parent company's RTWPAN container loop in Ja...
UPS operations return to 'peak operating plan' after initial cyber week surge UPS struggled with cyber week orders, but has since corrected the issue. United Parcel Service Inc. (UPS) struggled to handle increased e-c...
Customs to test launch electronic payment system for commercial vessel fees An 18-month pilot test of the electronic payment of taxes and fees imposed on commercial vessels at four ports of entry is expected to begi...
Jumbo inks letter of intent with CMIH for LNG powered offshore construction vessel Shipyards group China Merchants Industry Holdings (CMIH) and Netherlands-based maritime heavy lift company Jumbo have signed a letter of in...
DSIC, Wärtsilä enter joint project agreement for shuttle tanker development Technology group Wärtsilä and Dalian Shipbuilding Industry Co. (DSIC), a part of the China Shipbuilding Industry Corp. (CSIC), have signed ...
Brexit negotiations reach breakthrough Brexit negotiations experienced a breakthrough last week as officials from the United Kingdom and European Union closed the first phase of ...
Prompt ICE Brent reaches two-year high after Forties pipeline shut ICE February Brent settled $1.29 higher at $64.69/b, the highest level for the prompt contract since June 2015.
Bunkering at Gibraltar resumes after suspension: port authority Bunkering operations have resumed at Gibraltar after a short suspension.
High winds curb crude, bunkering operations at Novorossiisk: sources High winds in the Black Sea Monday has caused the Russian port of Novorossiisk to shut down most of its operations.
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
IMO-Norad project to boost marine environment protection in ASEAN The new four-year project aims to enhance the countries' capacity to implement high priority marine environment conventions.
SUBSCRIBER NOTE: Platts to amend Asia Supramax coal cargo sizes
FUTURES: Crude falls on profit taking, higher US rig count
Abu Dhabi's crown prince says Japan partnership important for offshore concession This comes as ADNOC looks for partners to co-develop new technologies and co-invest under its new strategy announced in July.
Iran proposes budget for year starting March 21 based on crude at $55/b Iran had based its budget for the current year at $50/b crude and that of the preceding year, 2016-2017, at $40/b.
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