Hamburg shipping elite toast arrival of Lloyd's List Containers Rebranded magazine adds to Lloyd's List's portfolio of products
Koch takes fifth Diana capesize on charter Trader has chartered 15 dry bulk vessels so far this year
Navig8 Product Tankers slides to loss Rising costs overcome expanding revenues
Handysize earnings slip to lowest in two months Asian holidays bring a slight dip, but brokers suggest that US Gulf has bottomed out
DryShips takes delivery of second aframax tanker Latest vessel comes amid 17 recent acquisition deals
Junk bond rebellion could wreck Rickmers rescue Small investors may scupper deal with banks unless they get better outcome
Maersk Tankers offers refuge in pools Will taking the plunge protect owners in 2017, or be a sticking plaster masking inevitable decline?
Boskalis axes 230 head office jobs Dredging company continues with two-year cost-cutting agenda after poor 2016
DSME to get $6bn bailout after court dismisses investors' appeal Shipbuilder's private lenders to also provide refund guarantees of up to $500m for future orders
Accolades for Zim as Maersk acknowledges superior results Israeli line phasing in 10,000 teu ships to US east coast service as it builds on its strengths
Arctic states launch best practice forum for shipping Inaugural meeting to be held in London next month
ICS calls for more ambitious CO2 reduction goals Chamber tells IMO it also needs to recognise concerns raised by developing nations over the impact of emissions reductions on trade
OOCL receives first ultra large containership Company has another five 21,000 teu-class ships set for delivery this year
JES sets shipbuilding asset sales deadline at end-2017 Move comes after independent auditor's second disclaimer of opinion
HMM narrows first-quarter operating losses Updated: Revenue up 14% year on year
Rickmers Maritime bondholder looking to halt fleet sale to Navios Company warns of liens and vessel arrests if matter is not resolved
Oetker name sails on as AO Shipping preserves heritage with newbuilding Shipping family's third generation making its mark as Hamburg Süd Oetker shareholders sell up
Judge ejects VT Halter lawsuit against offshore vessel duo Lawsuit over $3.3m in alleged debt shot down on technicality.
UBS sees orders as 'threat' to tanker stocks Analyst Spiro Dounis says he's 'not ready to buy' as supply side leaves reason for concern.
HMM operating loss narrows in first quarter Restructured Korean owner boosted by higher revenue in first three months.
Trio crash Webber's governance rankings Three newcomers find elite status in Wells Fargo's latest report, while one prominent shipping group has barely escaped the stragglers' list.
Top Ships strikes deal for $5m cash boost Low-profile investor Xanthe Holdings provides funds for growth plans, CFO says.
Maersk Tankers targets further pool expansion Growth of commercially managed fleet still a goal despite record vessel count.
Frontline fights on in battle for DHT Holdings Robert Hvide Macleod takes aim at twin CEO's structure in latest open letter.
Maersk Supply lands major Culzean deal Danish owner scoops another integrated contract in the North Sea.
Diana secures better rates for bulker pair Koch Shipping keeps doing business with Greek owner and Narina Maritime extends existing charter.
Topaz wins Med MPSV charter UAE owner says multipurpose ship clinches deal with oil major.
Schettino starts jail term 'like ship boy' Costa Concordia captain scrubs out new cell after final Italian appeal fails.
Euronav on the road with $200m bond issue Paddy Rodgers explains why leading tanker market consolidator is looking at a new capital source.
Pangaea sees uptick in quarterly profit Bottom line grows modestly, but adjusted profit surges as market improves.
Police raid Samsung for second time Investigations into fatal crane collapse at Korean shipyard continues.
Yang Ming slashes first quarter loss Taiwanese container line improves result as revenue grows.
RMT bondholder looks to block Navios boxship sale Legal move by investor said to be unprecedented in the history of Singapore's bond market.
Cosco Corp wins FSRU module contract Singapore-listed shipbuilding group puts pen to paper with European buyer.
Boskalis axeing 230 office jobs Dutch shipping group needs to save money in downturn.
Evergreen makes it back into the black Taiwanese container line boosted by revenue rise in the first quarter.
Meiji Shipping beats its earnings forecast Diversified Japanese shipowner boosts its full-year profit thanks to higher revenue.
Gener8 Maritime deal marks first VLCC price rise since January Transaction indicates a 5% bump in the value of a five-year-old VLCC, analyst says.
Soechi Lines plots $300m bond sale Indonesian tanker owner aims to boost finances with seven-year debt.
Wartsila expands with Greensmith takeover Finnish shipping solutions company expands energy footprint with acquisition of leading US firm.
Navios Maritime Partners reloads after spending spree New York-listed owner puts an extra $500m on the shelf after busy couple of months.
Swiber companies enter liquidation Two liquidators from Deloitte & Touche are appointed at Southsea Marine and Swiber Atlantis.
Hansson family snaps up more NAO shares Shipowner takes his holding in OSV specialist to 6.5% with latest deals.
Crewman killed in tanker fire Three others injured after blaze at Al Hamriyah in the UAE.
Milaha launches UAE cargo run Qatari owner looking to capitalise on trade between Doha and Dubai.
Airbus' commercial drone startup takes off Airbus has launched its U.S. base and operations of a new commercial drone startup, dubbed Airbus Aerial, the French aerospace manufacturer...
Oakland begins project to increase crane height Port of Oakland said work has begun on raising four ship-to-shore cranes at the Ocean International Container Terminal. The port said the ...
Port of Quincy, Wash. looks for dry bulk cargo The Port of Quincy Intermodal Terminal, located in central Washington on the BNSF Stevens Pass Line, said that it is holding discussions wi...
APM Terminals Gothenburg initiates lockout action Port terminal operator APM Terminals will initiate a partial lockout of dockworkers at its facility in Gothenburg, Sweden, effective May 19...
HMM buys Algeciras terminal Hyundai Merchant Marine (HMM) is purchasing a port terminal in Spain for 117.6 billion South Korean won (U.S. $105.2 million), according to...
Port of Marseille Fos volumes drop 3% in Q1 The French Mediterranean Port of Marseille Fos saw its throughput drop of 3 percent to 19.56 metric tons across all cargo sectors in the fi...
Drewry: Global container volumes up sharply in Q1 Container volumes in the first quarter of 2017 were sharply higher than in the same 2016 period, according to a recent report from Drewry c...
Dachser rebrands Iberian subsidiary German global third-party logistics company Dachser has completed the integrations of its Iberian subsidiary Azkar Group into its European ...
S.C. gas tax hike gets official green light The South Carolina legislature has overruled Gov. Henry McMaster's veto on a highway funding bill that will increase the state's current 16...
EKOFISK TRACKER: North Sea loadings down to 257,143 b/d last week This was an average of 257,143 b/d, down 85,714 b/d from the previous week.
Stable ULSD crack lifts sour VGO with sweet feedstock on iffy footing The crack for ULSD against region-dominant Louisiana Light Sweet crude has been rangebound at $10.95-$11.15/b since May 5
East-West 380 CST fuel oil swap hits lowest since Feb on firmer barges The weakening paper spread has led arbitrage window for deliveries between Rotterdam and Singapore to close.
Expected May distillate arrivals from USGC edge up to 710,000 mt That has left May lagging behind in terms of arrivals compared with April which saw 1.25 million mt of distillates from the US Gulf Coast.
External: Praxis Energy Agents S.A
TRADER NOTE: Hanne Sorensen to be interim CEO of V. Group New CEO is scheduled to start in Q4 2017.
External: Wired Bunkering
Saudi Arabia, Russia agree that 9-month extension to output cut deal needed "Preliminary consultations show that everybody is committed" to the output agreement, Russian energy minister Alexander Novak said.
FUTURES: Crude up; market mulls Saudi, Russian agreement to cuts
- 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