Year-end projections: Bulker earnings Capes forecast to double yearly earnings as China again drives demand
Digitalisation will expose poor box line performance Reliability 'still not a priority' for container lines, but emerging technologies will force carriers to meet shippers' demands, says forwarder...
Scorpio Tankers held back by weak spot earnings and merger costs Update: Bugbee stays upbeat as usual and promises to get "paid for trade" with modern fleet amid market upturn
Low vessel utilisation blamed for slipping freight rates Container lines' claims ships were full during peak season were inaccurate, says SeaIntel.
Daily Briefing Year-end projections: Tanker and gas
Hyundai Mipo Dockyard offloads 85% stake in securities firm for $409m Move comes amid parent Hyundai Heavy Industries' reorganisation of the group's units
Höegh LNG to transfer remaining FSRU stake to Höegh LNG Partners Master limited partnership to acquire 49% stake in Höegh Grace's holding company for $172.5m
Teekay LNG Partners starts multigas carrier pool Pool to comprise ethylene-capable liquefied petroleum gas and small-scale liquefied natural gas carriers
US Court finds ILWU guilty of violating labour laws Violations of the law are related to work stoppages and slowdowns, false safety claims and other coercive conduct against ICTSI...
Ocean Rig posts third-quarter net loss on impairment charges Impairment losses related to company's recent restructuring procedures
The other side of ship finance Marine Money seminar debates alternative finance; It is sexy, but is it affordable?
Back to the future The human judgement and experience required of mariners throughout the ages is unlikely to be rendered superfluous by the dramatic...
Torm's US listing may pave way for M&A activity We are generally of the opinion that consolidation makes sense, says Meldgaard
Year-end projections: Tanker and gas LNG shipping enters the bull cycle but other segments are hitting bottom
Court upholds NLRB rulings against ILWU Portland strikes The United States Court of Appeals for the District of Columbia Circuit on Nov. 6 affirmed two National Labor Relations Board (NLRB) decisi...
Schenker aims to attract new customers by building in-house automation The integrated global logistics provider Schenker is prioritizing the internal development of systems that automate transactions between th...
COSCO Ports grows monthly, YTD cargo volumes The terminal operating arm of Chinese shipping company COSCO saw its container throughput increase 12.4 percent in October compared to the ...
Shopify integrates with UPS in advance of holiday shopping season UPS and Shopify Inc. have launched a platform integration that give small U.S. businesses access to UPS's competitive, pre-negotiated domes...
Port Houston budget projects 2018 revenue growth Port Houston, which bills itself as America's largest port for foreign waterborne tonnage, projects its total revenue growing 9 percent in ...
"K" Line takes delivery of newly-built VLCC tanker CN Railways plans to have 250 new crew members hired and trained by the end of the year. Tokyo-based shipper Kawasaki Kisen Kaisha, Ltd. ("...
French visibility startup snares VC funding Shippeo, French supply chain startup focused on providing delivery visibility to shippers and logistics providers, has closed a 10 million ...
Dayton Freight opens new service center Less-than-truckload (LTL) carrier Dayton Freight opened a service center in Jackson, Tenn. due to increased customer demand, the company sa...
Port of Hamburg sees cargo growth thanks to mega-vessels, trade agreements The Port of Hamburg handled 6.8 million TEUs of containerized cargo and 104.3 million tons of general and bulk cargo for the first nine mon...
TANKERS: Scorpio bullish on Navig8 consolidation, clean tanker outlook Scorpio Tankers is upbeat on its consolidation with Navig8 Product Tankers.
Selling pressure remains on oil; ICE Brent near contango The oil complex weakened Thursday on rising US crude production, deflated geopolitical risk and doubts over the outcome of OPEC's November 30 meeting.
Vermont UM Bunkering executives charged with fraud in excess of $8 million Directors Poh Fu Tek and Koh Seng Lee and former bunker manager Lee Kok Leong short-supplied customers.
No delay to 2020 global sulfur cap rule; bunker industry must comply: IMO In addition to possible detention, a non-compliant ship could be considered unseaworthy, IMO's Hughes said.
External: Wired Bunkering
DRY BULK: Oldendorff's transshipment barge in Vietnam receives first coal cargo The 3,000 dwt geared-transshipment barge, Lena, is moored at the Go Gia anchorage near the southern city of Ho Chi Minh.
Brent-Dubai crude EFS narrows after hitting 14-month high last week Last week, the EFS got a boost from strong Brent crude futures, which surged to more than a two-year high.
Regulations, technology set to bring sea change in global bunker industry "Bunker players will mostly embrace the ethical challenge to comply with the 2020 rule," Murphy said.
Tight Mediterranean HSFO market dissipating on fresh cargoes: traders "The market is getting slightly heavier... there are more barrels," a trader said.
FUTURES: Crude holds steady in Asia after falling for 3 sessions
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