Policy split shakes out at re-invigorated UK Chamber Sharp right turn for British institution once at risk of becoming outdated
Economou to acquire 36m DryShips shares as Kalani deal is axed Chief executive will forfeit preferred shares and transfer Heidmar tanker pool stake to public company
Bumi Armada extends pipeline contract with $134m of extra work Russian pipelines in the Caspian Sea will be completed before the end of 2018
Seven-fold increase expected in US LNG capacity US natural gas exports to Mexico expected to double while imports from Canada will decline
Columbia Shipmanagement parent gets $800m write-off from HSH Nordbank Move clears decks for merger with Marlow, creating world's biggest shipmanager
BDI gets lift from capes Baltic Dry Index reaches highest in more than three months with expectations of a stronger market going forward
Dry bulker outlook upbeat, says Sinotrans Shipping president China's imports of iron ore and coal will remain strong
Seafarers under threat despite MLC gains Experts argue that MLC does not go far enough to protect crew
The Alliance files amendment to FMC on insolvency protection Commissioner welcomes move to collective responsibility
HMM posts second-quarter net loss But flagship carrier confident of higher freight rates ahead as US peak season begins
High percentage of owners polled by ABS still face BWM systems issues Systems said to be either inoperable or problematic
Small steps made towards ensuring peaceful shipping lanes on the South China Sea Asean-China Framework for Maritime Code of Conduct keeps all parties at the negotiating table
Supply-demand balance reaching an inflection point, says Pioneer Marine But dry bulk demand growth expected to be only a tad better than supply
US imports on track to hit record high in August Uptrend in retail sales leading to higher import volumes
LPG carrier owners' eyes too big for their bellies LPG market outlook in graphs: Severe oversupply means owners cannot see light at the end of tunnel, despite healthy demand...
Genting HK's MV Werften embarks on $94m yard expansion plan Expanded facilities to be commissioned in the summer of 2018
Daily Briefing
VLCC giants talk up US crude exports Euronav's Paddy Rodgers joins DHT in presenting a bullish view over the new tanker trade in a market otherwise plagued...
'Baby steps' lead to giant leap for Aegean Marine shares Slight miss isn't enough to stop New York bunkers supplier's shares from surging 22.4%.
THE Alliance preps fund for when member line goes broke Agreement to set up contingency fund draws praise from US official.
DryShips ends Kalani deal, takes Heidmar stake New York-listed shipowner says chief executive will make $100m non-cash investment including stake in tanker pool.
Alibra: Tanker scrapping taking off Brokerage says 2017 running demolition total is already past 2016 level.
Latvian Shipping sells HQ to UAE Riga tanker owner banks $5m as head office becomes foreign embassy.
DryShips ends investment deal with Kalani Athens-based diversified shipowner says chief executive will invest $100m directly in the company.
Pyxis Tankers turns to a loss Nasdaq-listed product specialist hit by higher costs in second quarter.
Fjord1 cleared for full Oslo listing Oslo Bors directors ready to admit ferry owner's shares.
Shell seals deal for new LNG bunker barge Oil major adds barge to LNG bunkering arsenal as newbuilding arrives in Europe.
Bumi Armada wins $134m Lukoil contract Malaysian offshore vessel owner will install 20km of pipelines in the Russian sector of the Caspian Sea.
Seacor Marine seals Montco joint venture US offshore spin-off combines liftboat fleet with restructuring Houston company.
PSV rates up as utilisation hits 97% North Sea sector ship supply tightens up as earnings reach $19,000 per day.
Complex removal of Kea Trader boxes begins Lomar Shipping says this task could take months after successfully completing the lightering of the ship.
HMM cuts loss to $112m as boxships improve Korean owner considers adding vessels to Asia-US lanes as demand grows.
TNG profit shrinks as costs rise Croatian MR specialist hit by expenses related to expanded fleet.
India clears US crude imports on overseas VLCCs India gives permission for foreign-flagged tankers to bring in oil as refiner IOC seals first US deal.
Cochin Shipyard surges 22% on debut Investors like the look of Indian shipbuilder following $229m IPO.
Nam Cheong gets writ of summons A second bank looks to tack action against Malaysian offshore over overdue funds.
Victoria set for LNG import terminal Electricity supplier hopes to have facility up and running on Australia's east cost by 2021.
Expert: Well-trained employees key in recovering from supply chain 'catastrophes' If and when a disaster strikes - natural or otherwise - one of the more important things for companies in the supply chain to have is infor...
Ports of Indiana awaits federal infrastructure grant The Port of Indiana-Burns Harbor is waiting to receive a $9.85 million federal grant as part of the $19.7 million expansion to boost the po...
SCFI falls 2.1% The Shanghai Shipping Exchange's Shanghai Containerized Freight Index dropped 2.1 percent since last Friday's reading of 897.28 to a readin...
HMM records Q2 loss despite higher revenues, volumes Hyundai Merchant Marine (HMM) recorded a loss of 173.7 billion South Korean won (U.S. $152 million) for the second quarter of 2017, compare...
SM Line to join ocean booking platform INTTRA Ocean shipping e-commerce platform INTTRA is working with up-and-coming South Korean container carrier SM Line, to expand INTTRA's reach in...
Tesla to manufacter driverless 'platooning' semi-trucks Electric vehicle manufacturer Tesla Inc., is developing a self-driving semi-truck that can also move in platoons by automatically following...
ATSG posts $53.7m loss in Q2 2017 Air Transport Services Group, Inc. (ATSG) recorded a net loss of $53.7 million for the second quarter of 2017, compared to a net profit of ...
Maersk, Danske Bank partner on joint software venture Danish giant A.P. Moller-Maersk and Danske Bank are partnering to develop a new payment service and solutions for digital platforms, called...
IBM's Watson coming to a supply chain near you Watson, the super intelligent computer system that has appeared on the television game show Jeopardy!, as well as in commercials with tenni...
Bad weather, congestion hampers Buenos Aires, Montevideo marine fuel deliveries Bad weather, coupled with congestion, at the neighboring Argentinian and Uruguayan ports of Buenos Aires and Montevideo is hampering marine fuel deliveries, sources said Friday.
Argentina steps up crude imports as output sags, despite rise in shale Argentina ramped up crude imports in the first half of this year as dwindling output from maturing conventional reserves outweighed a rise in shale oil, considered the country's source of future production growth, analysts and executives said.
Malaysia fuel oil output largest year on year increase Malaysia boosted its domestic production of gasoil, fuel oil and LNG in June while its output of gasoline, naphtha, kerosene and LPG fell, Department of Statistics data released Thursday showed.
IEA sees OPEC/non-OPEC deal compliance key to sustained rebalancing The International Energy Agency Friday pointed to encouraging signs in global demand and OECD stock levels, but cautioned that sustained rebalancing in the oil market is only likely to happen if compliance with the OPEC-led production cut deal is followed by all the producers.
Crude rises slightly as IEA report limits upside Oil futures were nearly flat Friday as NYMEX September crude rose 23 cents to $48.82/b, settling below $49/b for the second straight day as strong resistance continues to cap prices.
External: Wired Bunkering
Low-sulfur bunkers to be "default" choice as IMO sulfur cap looms: study New hybrid LSFO fuels will reduce the availability of VGO for gasoline production in Europe but won't lead to strong pressure on diesel.
FUTURES: Oil extends overnight fall amid OPEC crude output hike
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