Unpaid bulker crew in dire situation, ITF reports Sea Honest seafarers stranded in Algeria for almost seven months after vessel was detained for mutliple deficiencies
Globus misses out on $5m funding opportunity Previously announced private placement falls through as "one party" walks away
Asian oilfield declines to spur long-haul tanker trades by 2020 Asia will need more tankers from Middle East and Atlantic basin as local supplies shrink
Second 'baby' VLCC snapped up for $60m The 2015-built VLCC Shanghai is second very young tanker sold in space of two months
DP World rings the changes at senior level Terminal operator confirms departure of two high-profile executives and appointment of new senior staff
Pressure off as CMA CGM seeks buyers for APL terminals Need for cash less urgent after French line's offer for Hamburg Süd turned down, but high price deterring some potential bidders
Transpacific container traffic posts double-digit jump Latest CTS figures show box volumes climbed 10.7% in the penultimate month of 2016
CMES expects better results for 2016 Chinese owner reports $92.4m writedown of some non-eco designed VLCCs
Tianjin port units to buy dry cargo handling equipment from subsidiary Equipment installation and related services included in the purchase price
MMC Corp to take majority stake in Tanjung Bruas port operator Deal expected to be completed in first half of 2017
Handies rates slide on weak market fundamentals Easing of mining bans in Indonesia is a negative for dry bulk, say analysts
Manila terminal's 2016 throughput crosses 2m teu Improvement due to Yard 7, which increased terminal capacity by 18%
Jinhai to expand into chemical tankers via Wilmar newbuilds Chinese yard awarded up to six vessels from Wilmar
Crew kidnappers target larger vessels in Sulu Sea Perpetrators have progressed from attacks on small fishing boats to commercial vessels
First cargoes load from Vale's new iron mine Two capesizes and a panamax carry inaugural commercial cargoes from S11D.
Vard looking at new $117m cruise ship deal Final signed contract expected this quarter is contingent on financing.
GasLog CFO Crowe to step down in June Four-year vet of Peter Livanos-backed company to stay until replacement found.
ABN AMRO starts Frontline with sell rating Bank takes up coverage of John Fredriksen led company with initial rating influenced by weak market view.
Harley linked to bunker tanker order Clarksons says US owner has gone to China for newbuilding pair.
Global Ship Lease ready to expand again But any boxship additions will be backed by charters, CEO Ian Webber says.
Subsea 7 takes $106m charter hit Competitor Dof seizes a large Petrobras contract using one of its Brazil-flagged units.
Heavy-lift crew freed by pirates Captain and seafarer from DongBang Giant 2 released by Abu Sayyaf group after three months.
Braemar: AHTS ownership more concentrated Four groups now largely control the dwindling pool of anchor-handlers in North Sea spot sector.
Eidesvik ties up two for 2017 Norwegian owner wins wind work in Germany and a PSV extension with Chevron.
Crew stranded on Vera Shipping bulker ITF inspector warns of a "real risk of suicide" on abandoned vessel off Algeria.
Oman Shipping in VLCC deal with Shell Tanker owner strikes three-year contract of affreightment hot on the heels of removing its ships from the Navig8 pool.
Bahri books less again as rates fall Fourth quarter profit drops for Saudi Arabian tanker giant.
CoscoCS fixes up $26bn of finance Chinese state giant taps China Development Bank for cash through to 2021.
Globus Maritime's $25m share deal collapses Greek owner says issue of new equity will not occur as planned after one party pulls out.
Hapag-Lloyd launches $159m notes offering German containership owner issues fresh debt to redeem outstanding bond maturing in 2017.
Dof clinches long-term deal with Petrobras Oil major hires Brazilian-flagged vessel from Norwegian owner for 532 days.
Arkas confirms boxship orders Turkey's Arkas Line has confirmed it has up-sized a series of containerships at China's Ouhua Shipyard to eight. The first in that series, the 2,500-TEU Funda A, was received on 12 January, the company said in a press release. Delivery of its sistership Lucien A is scheduled to follow in mid-March.TradeWinds reported last month that Arkas had upsized an older order at Ouhua for a 2,500-TEU boxship
New ro-ro route planned from Philippines Government introduces shorter schedule to boost Indonesian trade.
Cargoship grounds after dragging anchor Intresco ship hit by strong winds at Livorno in Italy.
Farstad fails to make final bond payment But bondholders have agreed not to take action against restructuring Norwegian owner during standstill period.
Wind power has potential for commercial shipping A new study on the potential for using wind propulsion technology in the commercial shipping industry has concluded that if some wind propu...
Trump takes German automakers to task for Mexican imports Source: BMW Group Trump warned German automakers of high tariffs on imports from Mexico President-elect Donald Trump, in an interview with ...
TFI International buys World Courier Ground U.S. A wholly-owned subsidiary of TFI International Inc., formerly known as TransForce Inc., has acquired World Courier Ground U.S., the U.S. gr...
U.S., Paraguay aim to boost bilateral trade The United States and Paraguay on Friday entered an agreement to strengthen their trade and investment ties. The Trade and Investment Fram...
Obama designates Schmidtlein ITC chairman As one of his last acts before leaving office, President Obama has designated Missouri Democrat Rhonda Schnare Schmidtlein chairman of the ...
INTERVIEW: Consultant says independent suppliers should avoid bunker hubs "People complain to me about their operation, and you want to slap them in the face sometimes and say, 'What did you expect?'"
External: Wired Bunkering
Istanbul bunkering hampered, upward pressure on prices: sources
INDONESIA DATA: Dec oil product imports slip 7% on month, 7% on year at 1.92 mil mt The country imported a total of 23.90 million mt of oil products last year compared to 25.40 million mt in 2015.
FUTURES 2: Crude higher as more supply cut details emerge
FUEL FOR THOUGHT: Time for the bunker industry to come clean If you can generally refuel a truck or a plane without being overcharged, why can't that be the case for shipowners as well?
TENDER DATA: Sri Lanka's Lanka IOC seeks HSFO for Jan 27-29 delivery
FUTURES: Crude edges up as US oil rigs post first fall since Oct
Japan Inpex extends stake in 2 offshore Abu Dhabi oil fields by nearly 25 years to 2042 Inpex will also be granted an additional 28% interest in the Umm Al-Dalkh oil field
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