Kugs das blog Life on the inside... the making of a maritime journalist
Next year will be payback year for dry cargo industry Better days are coming for a battered sector but the banks get to be paid first
Transport Bureau to assess impact of Hong Kong antitrust changes Secretary Frank Chan believes in Hong Kong players' ability to adjust as city remains top maritime hub
Sulphur cap will lead to 'outrageous' fuel prices and shortages in 2020 Panel argues for pragmatism on expected early non-compliance issues
Atlantic MR tanker rates lose steam as US Gulf recovers Effects of US hurricanes are still reverberating through Asian long range tanker markets, says OFE
Decarbonisation strategy consensus remains elusive Panellists disagree on best way to reduce shipping emissions
Crude tanker market to take off by end-2018 Owners are betting on longer-haul trades and China's strategic reserve to uphold demand
Wallem shuns consolidation in favour of quality Company sees small shipping fund managers as a growing market for shipmanagement services
Who will fund the Belt and Road Initiative? Chinese policy banks, state-owned commercial lenders and multinationals are financing Xi Jinping's grand project
Speak truth to power on Brexit Delegations to Downing Street are not enough - shipping players need to raise their voices
Daily Briefing Körtum forced out of full control of H Schuldt
Brexit casts long shadow over UK's £40bn maritime industries Update: A new analysis showing the contribution of shipping, ports and other related businesses to the UK economy forecasts sluggish...
Sulphur regulations offer owners bad set of options With just over two years to go until the 0.5% sulphur cap on fuel is introduced, owners are being forced...
Shipping should overcome branding scepticism, Poulsson urges International Chamber of Shipping launches new logo at London International Shipping Week
No point supporting doomed companies, says new KDB chairman Firms with 'no hope' not worth trying to save, no matter how important it is to save jobs, says Lee ...
Panamax earnings soar on improved demand and tighter tonnage The average Baltic Panamax Index in 2017 outperformed the supramax index for the first time since 2010
Ship Finance to take 30% hit on Seadrill rig charters Reduction in contractual charter hire will take place over a five-year period from 2018
NTSB schedules December meeting to determine cause of El Faro tragedy US transportation board to look at probable cause of vessel sinking as well as other contributing factors
LNG carrier spot rates poised for surge as market tightens Healthy gas trading volumes that have pushed spot LNG prices to their highest since July
Dryships commences five-year time charter deal with oil major Options to increase the employment period by up to three years, the company said after taking delivery of the vessel...
Vale continues charter contracts with Polaris Shipping Deal sees Vale extending existing time charter agreement for three converted Polaris vessels
Five missing after collision between tanker and dredger near Singapore No disruptions to shipping traffic in the Singapore Strait so far
Korean civil groups call for government investigation into Hanjin collapse Busan-based protest also demands that government lays out workable plans to bolster shipping industry
Danish investors to sue IPO banks over OW Bunker prospectus Institutional investors suffered $123m loss
Seadrill files for Chapter 11 bankruptcy protection Struggling offshore-drilling giant will get $1.06 billion in fresh capital
Jamaica and Malta ratify Ballast Water Management Convention There are now 65 signatories of the convention, more than 70% of the world fleet
Euroseas cuts deal to acquire Euromar containerships Nasdaq-listed owner to purchase up to four ships and buy out private equity partners in affiliate
Dry bulk owners enjoying a good run Panel members upbeat but remain cautious on future market volatility
Cargo industry participants call for CTU code enforcement Cultural change needed to ensure safer cargo stowage
London and Hong Kong to strengthen maritime ties Maritime London and Hong Kong Maritime Port & Board sign MoU to co-operate in various areas
Digitalisation should be a strategy issue, not an IT project Internal friction at companies impedes digitalisation, say panelists
China to remain a key demand driver for crude tankers The world's top seaborne crude importing nation has low oil consumption per capita and is seeing continued refinery expansion, says...
Kirby's earnings hit from Harvey and Irma US tug and barge owner will still be within earnings guidance but at lower end of estimates.
Teekay's board drops two, but adds three Two long-time insiders leave with financial expertise from Bain and Kattegat added.
Scorpio Bulkers plans $50m share buyback Move comes after gentle prodding from analyst about what it should do with cash.
Jones Act armada hits Florida in Irma's wake US Coast Guard sounds all clear on major ports in Florida as tankers get priority to resupply state.
Inmarsat launches ship cyber security system Maritime communications group offers vessel alert and infection-limiting product
Gibson: 'Keep a cap on tanker orders' Tanker investment window is compelling but over ordering of new ships is biggest risk today, Matthews says.
MP takes aim at Australia's Jones Act Australian politician makes push for easing cabotage laws due to high costs of domestic shipping.
Belt and Road is a 'massive opportunity' China's trade route aspirations will create huge demand for shipping
SOx compliance set to jack up freight rates But new rulings also likely to increase ship demolition and calls on bunker credit lines
Norddeutsche founder eyes financial partners Norddeutsche searches for backers to secure its future in bank-led move
CSIC buying stakes in DSIC and Wuhang Shanghai-listed group selling stock to reorganise yard assets.
Peter Anker cashes in $3.84m of Clarksons stock Broking and investment banking chief follows Andi Case and Jeff Woyda in disposing of valuable stakes.
Wight Shipyard wins second ferry order UK builder to construct passengership for Jacobite Cruises.
Cochin Shipyard pushes up profit Indian yard reveals growing earnings before it carried out $229m IPO.
Arne Fredly buys more Standard Drilling Director's Apollo Asset builds stake in distressed PSV specialist.
Is there a black swan in bulker recovery story? Top owners share recovery expectations as market gets a familiar feeling that failed to ring true in 2013.
Trouble ahead for boxship rates A year after Hanjin Shipping's departure, the container market is bracing for tough October, Alphaliner says.
Vroon fixes out accommodation newbuilding E.On takes VOS Stone for work at Arkona wind farm in Germany.
Cargo theft accounts for 10% of claims TT Club says tracking devices may eventually alleviate headache for owners.
Courage ditches the Marine Hong Kong owner changes its name as it focuses on diversification.
Hoegh Autoliners denies price-fixing South Africa accuses owner of colluding with MOL on freight rates.
Borr wins drilling deal off Gabon Tor Olav Troim-backed company sending jack-up to Africa.
Ship Finance takes 30% haircut on Seadrill rigs With restructuring deal struck done, company says it can now focus on new asset acquisitions
Pacific Drilling booted from NYSE Shares in Idan Ofer-backed deepwater drillship owner set to be traded over-the-counter.
Dredger capsizes after colliding with tanker Five crew missing following incident of Singapore's Sisters Island early on Wednesday.
Seadrill files for Chapter 11 restructuring John Fredriksen's offshore drilling company says deal provides it with five-year runway.
LA's TraPac terminal launches on-dock rail management support system Southern California-based container terminal operator and stevedore TraPac, LLC has gone live with a new planning management system to supp...
USDOT, NHTSA release new guidance on autonomous driving systems The U.S. Department of Transportation (DOT) and the National Highway Traffic Safety Administration (NHTSA) have released new federal guidan...
Report: Container lines back in black in Q2 2017 Container carriers are increasingly in the black in the second quarter of 2017, according to the latest report from London-based maritime c...
NTSB schedules meeting to determine cause of El Faro sinking The National Transportation Safety Board (NTSB) said Tuesday it plans to meet on Dec. 12, 2017 in Washington to determine the probable caus...
Amber Road ramps up for PGA data mandates The global trade management software provider Amber Road said Wednesday that has expanded support on its platform to account for the new im...
Ex-Im Bank assists exporters in hurricane-ravaged areas The U.S. Export-Import Bank will extend financial assistance to exporters and financial institutions located in the Texas Gulf coast and Lo...
Commerce finds subsidies in Chinese tool chest imports The Commerce Department has determined that Chinese-made tool chests and cabinets imported into the United States receive unfair subsidies ...
Port of Rotterdam Authority makes $3.58b available for barge congestion solutions The Rotterdam Port Authority made 3 million euros (U.S. $3.58 billion) available to fund initiatives that will ease the barge congestion an...
Port of Oakland has busiest TEU month in a year Container volume reportedly rose at the Port of Oakland last month despite the number of vessels visiting falling 12.7 percent. August 2017...
OPEC mulls adding new non-OPEC producers to output cut deal: Kuwait
US DATA: Product stocks plunge as Harvey knocks out refiners The impact of Hurricane Harvey was visible in US Energy Information Administration data Wednesday, as lost Gulf Coast refinery output yielded large draws in product inventories and a build in crude stocks.
Colombian government asks Ecopetrol for fuels with less sulfur content In a step towards national usage of fuels with less sulfur content, Colombia's attorney general, Fernando Carrillo, has asked state-run Ecopetrol to improve fuel quality in the Aburra Valley, a province in South-Central Colombia surrounded by the Andes mountains where the populated city of Medellin is located.
FUJAIRAH DATA: Oil product stocks down 4.2% on week at 18.983 mil barrels Fujairah's commercial stocks of refined oil products fell 4.2% to 18.983 million barrels in the week to Monday, remaining below 20 million barrels for a third week since large-scale refinery shutdowns in Texas related to Hurricane Harvey sent shock waves through global oil products markets.
Hamburg bunker fuel supplies run dry on refinery prioritization Buyers sourcing product from Hamburg have had to turn to other European ports as Hamburg bunker fuel supplies have run dry.
Gothenburg bunkering set for delays as storm intensifies: sources The Swedish port of Gothenburg is preparing to be battered by a strengthening storm that will cause high swells and temporary delays to bunker loadings.
Crude strengthens on higher demand outlook, product draws Crude futures rose Wednesday on a bullish demand forecast by the International Energy Agency and large draws in refined product stocks reported by the Energy Information Administration.
External: Wired Bunkering
IEA lifts 2017 demand growth number for third month in row, to 1.6 million b/d Hurricanes Harvey and Irma together would serve to cut US oil demand by 600,000-800,000 b/d in September, IEA said.
External: Marine Bunkering(Rotterdam)B.V.
FUTURES: Crude steady to lower ahead of expected US crude build
Indonesia-registered oil products tanker collides with dredger in Singapore waters The tanker reported damage to her starboard bow and the dredger lies partially submerged.
OPEC ups 2017 call on its crude to 32.7 mil b/d, 2018 to 32.8 mil - OPEC August output 32.76 mil b/d, first fall in four months - Saudi Arabia self-reports August output of 9.95 mil b/d - OECD oil stocks still 195 million barrels above 5-year average
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