Concordia inks third sale and leaseback deal Unnamed Japanese buyer to pay $36m for product tanker and re-sell in nine years
Navios Maritime shifts to net loss Fourth-quarter results include a $10m impairment loss on the sale of its 2000-built 52,073 dwt ultra handymax vessel
Supramax rates fall in Atlantic but flourish in Pacific Port disruption hampers coal shipments to China
Avance cash cushion to soften VLGC fleet capacity crunch Avance boss stays relaxed despite 2017 storm clouds
Vessel gas leak kills crew member Three more are injured on board general cargo vessel Vimaru Pearl
Gulf of Guinea piracy doubles Dryad Maritime report highlights regional perils in West Africa as Yemeni civil war poses new threat in the Indian Ocean
London Club loses Cosco account in wake of China Shipping fusion State-owned giant to change P&I providers
Avance falls into the red Difficult to see short-term recovery of freight market, says Oslo-listed VLGC owner
Singapore LNG terminal to expand capacity by 2018 City state is on track to develop LNG trading and shipping hub with expanded SLNG terminal, minister says
Korean state ship finance firm to buy HMM shares and debt KSC also plans to enter sale and leaseback deals for about 10 of HMM's boxships
Calls for extra vigilance in Sulu Sea as crew abductions continue Two reported cases in January, with 16 crew members still being held for ransom
Troubled Gulf Navigation wins boost from casting off liabilities Group seeks external debt financing and disputes resolution to shore up its future
Mexico corn bill could spur seaborne trade Supramax and panamax vessels could take advantage of potential growth in grain trade to Mexico from Brazil and Argentina
Crackdown on Southeast Asia terrorists forces criminals out to sea Politics may be stumbling block to recent concerted regional efforts to tackle issue
Unipec moves mega tanker TI Europe to China's eastern coast Chinese trader moved world's largest tanker from Middle East to China's Zhoushan port
India should build port industrial zones to slash transport costs Industrial zones would avoid infrastructure bottlenecks and cut average inland logistics costs by up to 68%
CMA CGM upgrades NC Levant service Group to operate service along with Seago and Hamburg Süd
Golar LNG eyes $400m private bond offering Updated: Bonds can be converted into cash, common stock or a combination of both
Mandatory flow meters fail to damp Singapore bunker volumes Latest figures confound fears that requirement for bunker sellers to install mass flow meters would drive away volumes
Singapore Shipping Corp seeks acquisition opportunities Shipowner on the prowl despite sluggish agency and logistics business
US detains Royal Caribbean cruiseship Coast Guard says Majesty of the Seas held up due to lifesaving equipment deficiencies.
Poten to expand Houston broker desk Additional employees come in response to growing US role as energy exporter.
Aframax and LR2 tanker rates bounce Caribbean markets tighten for aframaxes, easing pessimism that reigned last week.
Steadily improving Boxship rates continue to be marginally on the rise and ConTex gains one more point this week.
Golar LNG in $350m 'growth capital' raise Pricing of notes issue has Tor Olav Troim-linked company with funding to support three FLNG projects.
Romania's SNO swells profit score Hull builder pushes up annual earnings after winning 12-ship deal in 2016.
Navios Partners profit tops estimates Owner takes loss on vessel sale, but debt lowered and charter rates show improvement.
Diana Containerships edges rate up Greek owner fixes post-panamax to CMA CGM for extra $690 per day.
Farstad sends two PSVs to Egypt Norwegian owner finds at least three months of work for offshore duo.
Diana Shipping loss smaller than feared New York-listed bulker owner beats quarterly forecasts but 2016 marks its fourth annual loss in a row.
China Shipbuilding cancels yard injection plan Parent company of Chinese state-owned group will not complete current streamlining project.
Shipping forces Credit Suisse provisions higher Swiss lender blames maritime market for rise in fourth quarter loan losses.
Korea Shipping to buy 10 HMM boxships Korean state fund also pumping in $633m through debt and share purchases to shore up owner's capital base.
Morgan Stanley upgrades Scorpio Tankers stock Increased rating comes as dividend overhang has been removed and president Robert Bugbee believes it's time to go 'risk on'
Dof Subsea lands Prelude FLNG contract Norwegian offshore vessel owner enters into agreement with Technip for one of its MSVs.
One dead, three hurt after gas leak Seafarers overcome by fumes on Vietnamese cargoship in Malaysia.
Dohle boxship suffers 50-metre hull gash Danish military says it cannot be sure oil spotted on beach is from grounded Victoria.
Concordia Maritime in third leaseback deal Chief executive Kim Ullman says the owner has freed up $50m from the transactions which could support opportunistic investments.
Viking loses more with its PSVs idle Offshore vessel owner posts bigger fourth quarter loss as utilisation plummets.
Fire under control on APL Austria Firefighters stayed on burning vessel overnight following incident off South Africa.
Bourbon wins African pipelay work French offshore group sending MPSV to Gabon for Total contract.
Cash comfort for Avance Gas amid quarterly loss Oslo-listed VLGC owner posts quarterly numbers slightly ahead of forecasts with bank balance a positive factor.
Virginia Port Authority begins work on terminal expansion The Virginia Port Authority (VPA)said work has commenced on a $320 million expansion project at the Virginia International Gateway (VIG) co...
Commentary: Managing risk in the global supply chain The World Economic Forum defines global risk as an uncertain event that, if it occurs, can cause significant negative impact for several co...
FMC reviews 33 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 33 ocean transportation intermediary (OTI) license applications and changes for rev...
ILA, USMX to hold informal talks this week Members of the International Longshoremen's Association (ILA)will meet with management representatives in Florida starting Wednesday for in...
Reverse logistics takes off As consumers are turning away from purchasing products in traditional brick-and-mortar stores in favor of buying those same goods online, t...
Executive Moves: CFI and Armitt Group Source: Pressmaster/Shutterstock CFI appoints vice president, logistics and vice president, sales, while the Armitt Group names new finance ...
Walmart ends contracts with Korean shippers Walmart, the United States' largest brick and mortar retailer, has terminated all contracts with Korean shippers, according to the Korea Ti...
TRADER NOTE: Former Prima Marine trader to join Oldendorff Carriers as bunker manager Veryan Bell, formerly a senior bunker trader at Dubai-based Prima Marine, will join Oldendorff Carriers' Hamburg office as bunker manager
External: Wired Bunkering
Brightoil posts surprise positive profit alert on growing bunker margins Company reports growth in trading and bunkering sales volumes and margins
FUTURES: Crude stable amid cut compliance, focus on global balance
ISO 20519:2017 LNG bunkering standard to promote safe, sustainable shipping New standard will provide more clarity on key aspects of LNG bunkering as shipowners turn to LNG to meet stricter regulations
External: Global Risk Management
DRY BULK: Capesize TCE falls below $1,000/day on Australia-China iron ore route Demand-supply fundamentals continue to dominate
OPEC sees 2017 call on its crude at 32.14 million b/d Total non-OPEC supply will increase 200,000 b/d in 2017 to 57.4 million b/d, OPEC projected
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