Hamburg reports modest box growth for 2016 Shift in Baltic traffic drags down annual throughput result
Panamax bulkers still soft in Atlantic but hold better in Pacific Coal shipping rate for Australia-China trade nears two-month high after Lunar New Year
IRISL faces uphill battle to re-enter European market Big European banks still wary of facilitating Iranian trade, but business is slowly picking up
European emissions trading system edges one step closer Update: Industry groupings ICS and ECSA slam regionalisation amid calls for IMO member states to reject 'unhelpful' proposals
Knot Offshore's net income creeps up Master limited partnership acquires second suezmax shuttle tanker and looks for more
Suezmax and aframax earnings recover but Opec worries remain Opec oil cuts will catch up with tanker markets despite decent chartering activity, Morgan Stanley says
Poor visibility clouds air and ocean freight outlook, says forwarding chief Sophisticated global supply chains will not be changed by Trump trade agenda
First dedicated LNG bunkering vessel launched Busan-built 3,000 dwt Engie Zeebrugge will supply LNG fuel to ships in northern Europe
Yang Ming to enhance Philippines services Carrier to deploy larger vessel in Taiwan-Philippines trade
Opec's pleasure could become tankers' pain Cartel hails success of oil cuts, but tanker owners ponder their fate
Awilco LNG shrinks its losses Vessel owner bullish on prospects as new production ramps up
Samsung Heavy Industries makes $351m corporate bond repayment Cash payment marks first of the three major Korean shipbuilders to make a repayment on corporate bonds maturing this year
MSC to take stake in Gruppo Messina Italian bank joins talks between executives from both companies
Belships trims full-year losses for 2016 Dry bulk owner and operator expects the seaborne market to grow up to 2.5% this year
CMA CGM to join Alibaba online booking platform Deal comes shortly after a similar agreement between Maersk Line and the Chinese e-commerce giant
Carey Island port plan 'no threat to Westports for five years' Government subsidies and concessions will be needed to finance $45bn infrastructure for Carey project, analyst says
Rolls-Royce to cut 800 marine jobs globally Division to continue cost-cutting amid market slump
ASL Marine deregisters Hong Kong joint venture firm End of 'dormant' unit will not have a financial impact on results
Vard wins newbuilding deal from Aker BioMarine Vessel scheduled for delivery over the fourth quarter of 2018
FMR takes holdings in two Teekay firms Investment fund founded by billionaire Edward C Johnson II reveals large stakes in Teekay Corp and Teekay Offshore.
USMMA restarts sea year for midshipmen At-sea training resumes after allegations of harassment against female cadets.
Jerry Swank sells Capital Product stake Investor has disposed of his one-time leading external position in Nasdaq-listed shipowner.
Canadian seafarers settle cabotage case Government promises more oversight of non-Canadian seafarers as part of settlement.
Navios Partners seeks new $400m facility Angeliki Frangou-fronted MLP begins syndication for loan in latest round of balance sheet work.
Petronet buys into LNGC consortium Indian importer takes 26% stake in SCI-J3 group that owns newly delivered Prachi.
MEPs ensnare shipping in emissions scheme German Shipowners' Association and International Chamber of Shipping strongly opposed to the plans.
Sevnor snaps up Olympic anchor-handler Expanding Cyprus-based group on the hunt for more vessels as it seeks term work for Poseidon.
Rolls-Royce to cut 200 marine jobs in Norway Action part of a wider cost-cutting programme at the division but company stresses its commitment to Norwegian businesses.
ESL Shipping profit dips in fourth quarter But Finnish bulker owner believes supramaxes will be more productive this year.
Norman steps down at RightShip Chief executive calls it a day after 16 years at the helm of Australian vetting giant
ABN AMRO provisions fall in fourth quarter Dutch lender says shipping markets remain challenging but it knows how to manage impairments.
HMM boosts Asia-US volumes by 55% Korean owner sees west coast trade grow in January as market share increases.
Scorpio Tankers secures third stock upgrade Clarksons Platou Securities analysts the latest to boost rating on products tanker owner after liquidity efforts.
World's first LNG bunker vessel delivered Ship will run on LNG for maiden voyage to new home port of Zeebrugge, Belgium
ASL Marine says no recovery in sight Singaporean offshore vessel owner reports smaller net profit in the second quarter.
Marine drags down Rolls-Royce UK group posts 49% plunge in underlying profit for 2016.
KNOT signs Tordis Knutsen dropdown New York-listed MLP reveals $147m purchase from parent amid rosy 2017 profit forecast.
Bharati chops loss but still in tough position Indian shipyard is facing 18 winding-up petitions from various creditors.
Daewoo-Mangalia loss hits $800m since 2012 Romanian minister reveals deficit of DSME-owned yard over the last five years.
Jung mulls options for $386m bond bill DSME CEO in talks over new orders as final debt payment falls due in April.
Awilco LNG slashes fourth quarter loss Higher rates and lack of vessel impairments help Norwegian owner in final three months.
London Club loses long-term member Cosco Chinese shipping giant draws a line under 60 year relationship at P&I renewal.
Walmart denies ditching South Korean container lines World's largest retailer refutes report it does not trust Korean government after Hanjin Shipping collapse.
American pilots issue vote of 'no confidence' in CEO Source: marchello74/Shutterstock The Allied Pilots Association (APA) says it has lost confidence in American Airlines CEO Doug Parker and hi...
Rand Logistics posts quarterly results Source: Jon Nicholls Photography/Shutterstock Rand Logistics posted an EBITDA of $11.39 million for the quarter ending Dec. 31, 2016. Bulk ...
Port of Baltimore ups volumes in 2016 Source: Felix Mizioznikov/Shutterstock In December 2016, the port experienced a 23 percent year-over-year increase in containers. The Port ...
uShip raises $25m from investors Austin, Texas-based uShip, an online shipping marketplace and freight automation software provider, said it has raised $25 million through ...
CSX calls shareholder meeting to discuss Harrison 'requests' Source: bakdc/Shutterstock CSX is asking for shareholder input on negotiations with hedge fund Mantle Ridge to install outgoing Canadian Pac...
Port of Los Angeles experiences second busiest month ever Source: trekandshoot/Shutterstock Imports in January 2017 stood at 415,423 TEUs, while exports reached 162,320 TEUs and empties totaled 248,...
SIUC strikes deal with Canadian government The Seafarers' International Union of Canada (SIUC) said Wednesday it accepted a last-minute settlement offer put forward by the Government...
Reports: MSC may acquire stake in Messina Mediterranean Shipping Company (MSC) may acquire a stake in Ignazio Messina & Co., a Genoa, Italy-based operator of container/roll-on, ...
German shipowners criticize shipping inclusion in EU emissions trading scheme "Climate protection, as well as shipping, need global solutions, not a patchwork of regional approaches."
External: Praxis Energy Agents S.A
TRADER NOTE: Dan-Bunkering hires two traders for Monaco office Both members of staff were previously working in the shipping industry.
World's first purpose-built LNG bunkering vessel delivered LNG-fueled ships are largely dependent on fixed bunker locations in order to receive the fuel, with a limited bunkering capacity currently available from LNG trailers.
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
FUTURES: Crude slips on stronger dollar, US stock build
- 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