Stena Bulk fully merges Stena Weco in newly unveiled structure Weco's former chief executive Johnny Schmolker now leads Stena Bulk's products and chemicals segment
US companies have sniffed out a record $624m of distressed vessels in 2017 US buyers most active in bank foreclosures, targeting dry bulk carriers, containerships and offshore vessels
Prestige driving ultra large containership orders Being the biggest carrier is outweighing economic sense in boxship spree, says Drewry
Nils Andersen to chair Unifeeder Former Maersk boss returns to shipping in shortsea role
VLCCs continue to find a greener pasture in West Africa An analysis of spot trades in recent years finds attractive earnings in West Africa though seasonality applies, Court Smith says
Asia-Europe trade could be set for 24,000 teu ships from 2019 MSC and CMA CGM lead charge as box shipping enters a new era of massive vessels
Premier box trades report robust third-quarter growth Asia-Europe and transpacific traffic reap rewards of strengthening economies
Daily Briefing Is Cosco Shipping positioning itself to end European dominance of the container shipping industry?
Top 30 container lines: European and Asian carriers square up to each other Is Cosco Shipping positioning itself to end European dominance of the container shipping industry?
CMA CGM mega containership order opens up LNG fuel to deepsea trade Wärtsila expert convinced that more orders for gas-powered vessels will follow
Statoil picks Sembcorp Marine for FPSO hull project Letter of intent signed for a potential contract that could be worth $490m
Fincantieri seeks to delist Vard from Singapore bourse Italian shipbuilder will make an exit offer for all the shares of Vard that it does not already own
Korea's Goseong Offshore & Shipbuilding completes rehabilitation plan New owners set a goal for the company achieve more than $890m in total revenue by 2022
Maritime headhunter joins Seafarers UK charity Paul Butterworth has spent 25 years in the maritime sector including 12 years in the Royal Navy, where he commanded two ships
DHT's third-quarter results top estimates New York-listed reports better-than-expected results sending stock up after hours.
Analyst: TEN 'open' to further fleet growth Diversified tanker owner wraps up 15-vessel newbuilding programme.
Idan Ofer offered $100m for Pacific Drilling restructuring Fresh equity would have added to the $1.6bn Quantum Pacific has invested in driller.
Pacific Drilling and Samsung head for February hearing Dispute likely to be heard early next year as standoff over Pacific Zonda continues.
Seacor Holdings offers to buy back notes Noteholders have until mid-December to sell $95.5m in notes to US shipping conglomerate.
Yang Ming rebounds into profit Taiwanese container line pulls out of the red as revenue increases.
UK registers first unmanned vessel C-Worker 7 capable of carrying out autonomous subsea positioning work.
ABN Amro cuts impairment to $6m Dutch lender says OSV sector still challenging after better overall third quarter.
UBS upgrades Scorpio Tankers stock to buy Analyst believes shares could rise by almost two thirds as rates approach inflection point.
Fesco profit falls in second quarter Restructuring Russian owner weakened by higher financial costs.
Schmolker joins Stena Bulk as new structure takes shape Former Weco man will head one of three newly-formed divisions at Stena Bulk.
Andersen takes Unifeeder chair with expansion in mind Position marks first container market appointment since executive's exit from AP Moller.
Dof group ties up four OSVs Norwegian owner fixes and extends deals for ships in Australia, Black Sea and North Sea.
Marco Polo settles Sembcorp Marine rig claim Restructuring owner to pay Singapore yard over termination of contract.
Steensland taking Solvang stake to 81% Chairman's higher offer for VLGC owner will combine other family holdings in $271m deal.
Tiger Bulk takes a bite-sized chunk of Scorpio Bulkers Stake comes as part of three-ship ultramax deal announced last week.
Gemadept snaps up Nissen boxship Vietnamese owner pays $7.5m for Japanese feeder vessel.
Cochin Shipyard posts earnings drop Newly-listed state shipbuilder weakened by costs in second quarter.
Weber looks to 2019 for suezmaxes to hit calmer waters Brokerage believes rates will remain under strain in 2018 before dynamics become more favourable.
State selling out of Danish Ferries Clipper Group quiet on whether it could buy out partner's $155m holding.
Kea Trader breaks in two on reef UPDATE: Salvage crew evacuated as grounded Lomar boxship's hull cracks.
Idan Ofer-backed Pacific Drilling to file for Chapter 11 New York court will oversee process seen as best forum to restructure $3bn debt load.
Lauritzen Kosan pens crew deal with OSM in strategy shift Gas division follows bulker sibling in using third party for crew management.
Two more owners opt for bulkers at Taizhou Kouan Brokers link W Marine and Aquavita International to kamsarmax orders at Chinese shipyard.
Turkish PM defends sons over shipping interests Binali Yildirim faces resignation calls over family's offshore companies.
Westports hurt by liner consolidation Malaysia's largest listed port operator sees volumes decline 14% following industry shake-up.
Houthis threaten to target tankers Yemeni rebel group promises "measures it has not taken before" against shipping.
Regional Container Lines buys baby boxship Thai intra-Asian operator secures replacement tonnage for former chartered-in vessel.
Tanker orders ease up in second half of 2017 But Gibson says cheap prices and winter rate rally might be too hard for some to resist.
Wessels to convert more boxships to LNG German shipowner signs letter of intent (LOI) with MAN Diesel & Turbo at Europort
Fincantieri looks to delist Vard Holdings Italian needs 75% of shares to be voted in favour of motion to clinch privatization plan.
Trade Trends: The Chinese dilemma China's increasing prominence on the global trade stage is creating a dilemma for multi-national companies: How does a large enterprise bal...
Secretary Chao highlights benefits of Drone Integration Pilot Program After October's announcement of a three-year pilot program for drone use by state and local governments, U.S. Transportation Secretary Elai...
WWL profits more than double in Q3 2017 Ocean carrier Wallenius Wilhelmsen Logistics (WWL), which specializes in the transportation of automobiles, more than doubled its net profi...
Executive Moves: ECU Worldwide and QTerminals Source: Pressmaster/Shutterstock ECU Worldwide and QTerminals each name chief executive officer. ECU Worldwide, a subsidiary of Allcargo L...
GPA approves expansion projects at Port of Savannah The Georgia Ports Authority (GPA) has approved rail and gate expansion projects that will increase capacity at its booming Garden City Term...
Hutchison Ports to operate Ahmed Bin Rashid Port Hutchison Ports will take over operations of the Ahmed Bin Rashid Port in Umm Al Quwain, United Arab Emirates, the Hong Kong-based port ter...
Lloyd's Register co-developing cybersecurity standards for ships Global engineering firm and maritime classification society Lloyd's Register and Israel-based cyber security specialist Naval Dome are team...
CBP's automated in-bond filings shift into gear The American trucking industry in recent years has experienced a rush of high-profile federal regulatory actions, including hours-of-servic...
UPS joins Blockchain in Trucking Alliance forum UPS has joined the Blockchain in Trucking Alliance (BiTA), a forum for the development of blockchain technology standards and education for...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
