Supramax bulkers hit 10-week high Coal and grains shipments help support rates in the Pacific and Atlantic
Opec crude production drops by 140,000 barrels per day Fewer fixtures out of the Middle East Gulf is turning into a new reality for big crude tankers
Seanergy agrees covenant deferments and waivers with banks Proactive move will give extra flexibility to grow, says bulker owner
Evergreen 80% liable after boxship hit VLCC Mr Justice Teare rejects 'colregs contradiction' defence at Admiralty Court
INTTRA acquires Europe's Avantida Procurement of empty container management specialist seals INTTRA's entry into landside logistics
Bunkers tanker seized in first Somalia hijacking since 2012 Attack follows Nato's departure from the region in December amid concerns of piracy resurgence
Singapore's February box throughput shows 3.6% dip from Chinese New Year But city-state reports 9.6% rise in bunker sales despite earlier fears that implementation of flow meters would reduce volumes
Singapore marine cargo and hull insurance premiums show 2016 rise despite competition South China Sea tensions unlikely to affect marine insurance premiums, Singapore insurance chief says, while Hanjin collapse had minimal impact on premiums and underwriting results
Antwerp port increases rail service frequency to Andernach in Germany Rail operator received financial assistance from port authorities to improve connectivity
US FMC to form regulatory task force Move part of broader initiative to cut red tape and control regulatory costs
GasLog to launch $250m note offering Proceeds to go towards debt payment and working capital
VLCC owners hope for an April shower of cargoes Owners looking to April to bring cargo and rate lift sorely lacking in March
Dong-A Tankers offloads another tanker South Korean owner keen to focus on dry bulk
Fredriksen in $364m move for Quintana Bulker arm Golden Ocean buys Greek owner, along with two Hemen vessels.
Navios Partners plans $100m offering Angeliki Frangou-led containership and bulker owner might use capital for vessel acquisitions.
Fain: 'A lot more we need to achieve' on environmental profile Royal Caribbean Cruises targeting improvement greenhouse gases, plus sustainable food production and destination tourism.
Del Rio: Geopolitical risks are biggest threat Incidents that cannot be planned for, and that hit high yielding destinations, have an impact on the bottom line.
DryShips pays less in fees to CEO, but related-party debt rises Data for 2016 show New York-listed shipowner made good on plans to reduce related-party management fees.
Koch adds CoscoCS capesize to charter run Deal comes amid further progress in the Baltic Dry Index on Tuesday.
Battle begins for Libyan oil terminals Eastern warlord launches offensive on Ras Lanuf and Sidra as east/west split deepens.
ConTex sees biggest rise in a while Boxship rates keep improving and the Hamburg Shipbrokers' index gains six points in one session.
Saga Shipholding finishes ballast retrofit Five-year long project makes owner first to have fleet-wide compliance.
Drunk Vista cargoship master replaced Captain arrested in Sweden following sudden change of course towards shore.
General cargoship adrift in Greek waters Vernicos Tugs & Salvage is deploying two tugs to tow the 1997-built vessel off Andros.
Rokke's Aker Solutions a takeover target Analysts say reports linking Halliburton with move for Oslo-listed rival come as no surprise.
Atlantic seals $44m charter in Middle East Singapore offshore owner strikes deal with oil company for up to three years.
Former V.Ships chief Anderson joins OSM Donald Anderson is one of two industry veterans added to board of shipmanagement firm.
Seanergy agrees pact for covenant waivers Greek bulker owner secures financial flexibility as banks grant postponement until mid-2018.
FSL Trust pre-pays $20m to lenders Move sees MR tanker added to the company's main debt facility.
UK P&I Club raises Sulu Sea alarm Protection and indemnity club warns shipowners to be aware of developing situation in the Far East.
Grounded Sterno righted in Sweden Traffic to resume on Gota River on Friday as bulker salvage continues.
Maersk Tankers in wind power project Danish owner teams with Shell and others to see if rotor sails can deliver fuel savings.
Zim raises charity cash after artists project Owner to donate $19,000 auction proceeds to kids' literacy scheme after hosting artists on its vessels.
Swiber Holdings misses another coupon Court-managed owner cannot make payment for bonds due this month.
IRISL sets sights on London Stock Exchange Iranian shipping company is eyeing a UK IPO but US sanctions could make it difficult.
MHI considers shipyard spin-off Weak demand spurs company into shake-up of shipbuilding operations.
Cruiseship grounds on Indonesian reef Caledonian Sky estimated to have damaged 13,500 square metres of coral.
Pirates hijack oil tanker off Somalia UPDATE: Two dozen assailants board UAE-owned ship in first successful attack in the area since 2012.
Uljanik Plovidba slashes 2016 loss Bulker and tanker owner reduces red ink despite falling revenue.
Fincantieri chief Bono confident of STX deal Italian yard's CEO believes controversial move will create value all round.
Kyokuyo Shipyard building LPG carrier Japanese shipbuilder constructing gas carrier for its own account.
Dae Sun wins Japanese tanker order South Korean shipbuilder set to deliver 3,500-dwt stainless steel chemical unit by late 2018.
Astomos Energy agrees Ichthys LPG deal Japanese oil company to sell gas from Aussie project to compatriot VLGC owner and charterer.
MVN Asset Management lifts Vard Holdings stake UK-based hedge fund looks to have taken a different tack over its investment in shipbuilder.
Marinakis resumes Nottingham Forest bid Greek shipowner said to have rekindled hope of takeover deal, say UK media reports.
DHL eCommerce launches Hong Kong fulfillment center DHL eCommerce, a division of Deutsche Post DHL Group, launched a new fulfillment center in Hong Kong, adding to its global fulfillment netw...
Small tanker hijacked by Somali pirates Aris 13 , a small 1,800 dwt bunkering oil tanker with eight crew members from Sri Lanka, was hijacked by pirates off the coast of Somalia o...
APL Adjusts Asia-Latin America network Singapore-based ocean carrier APL, a subsidiary of CMA CGM, will be adjusting its Latin America network later this month, the company said ...
Crowley offers direct Florida-Panama loop Crowley has announced a weekly sailing between Florida and Manzanillo, Panama. The service currently employs two 1,100-TEU vessels, the To...
ICTSI, PSA inaugurate joint venture terminal in Colombia International Container Terminal Services, Inc. (ICTSI) and PSA International (PSA) said they have inaugurated the Puerto Aguadulce termina...
INTTRA acquires container repositioning platform Neutral ocean freight marketplace INTTRA said Tuesday it has acquired Avantida, a European provider of empty container management solutions,...
Executive Moves: MatchBack Systems, Swissport International and V.Group Trucking software as a service (SaaS) solutions provider MatchBack Systems, Inc. has announced the formation of its board of directors. Joi...
Commentary: License exception 'ENC' reporting requirements As we've discussed here previously, recordkeeping is often overlooked in the midst of the operational chaos that dominates most of our day-...
UPS ups CEO compensation again in 2016 UPS Inc. increased the total compensation package for its Chief Executive Officer, David Abney, by 21 percent in 2016, according to the com...
Crude stable amid talk of OPEC/non-OPEC cut extension The oil complex has been on a downtrend since early last week on the back of growing US production and increasing rig counts.
- 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
