Dutch MEP: Shipping must go further and faster on climate European policymakers are looking for concrete policy plans and clear verifiable targets followed by immediate action that reduces shipping's greenhouse gas emissions
EU Commission relaxes state aid rules for ports Ports can now receive up to €150m in state subsidies for investment under certain conditions, leading to warnings market distortion by British Ports Association
Ecsa lays out Brexit demands Shipowners' association wants frictionless trade with UK but also competitive edge post-Brexit
Intra-Asia MR tanker rates drop to lowest since February 2014 But Indonesian imports and Chinese exports may provide support
Ports still an attractive proposition for pension funds Concerns are growing over high-risk investments to handle big ships, says Mercator International consultant Steve Rothberg
Aframax earnings at eight-month low on Caribbean weakness North European trade also hurt by fewer Russian crude loadings
Asia-Europe ocean freight contract prices up 120% Average long-term container rates negotiated in the past three months are more than double last year's levels
Big ship conundrum rumbles on for ports Peel Ports director highlights the ongoing plight of port operators in handling the box industry behemoths
Panamax bulkers weaken as owners look for east coast South America push Another weekly rate decline as BPI sinks to two-month low
Maritime trade in transition Lloyd's List Business Briefing Singapore
All hail small LPG ships Minimal fleet growth should lead to rate recovery for small size LPG carriers, in contrast to other segments
High rates a challenge for sea freight customers Strong demand and carrier discipline means ocean prices are expected to remain high this year
Hapag-Lloyd merger deal with UASC signed off Formal announcement expected next week
Bondholder withdraws injunction against Rickmers Maritime fleet sale Withdrawal clears the way for the trust to sell its containership fleet to Navios affiliates
Finnlines profits jump by 35% Ro-ro operator benefits from higher cargo trade volumes and increased passenger traffic
DSME loses patent fight against SHI and HHI Rivals claim DSME's patented partial reliquefaction technology is similar to theirs
Container carriers must focus on strategic issues for survival Transformation of business practices required for a more transparent and automated environment
Aristidis Alafouzos dies, aged 93 Kyklades Maritime founder ordered more than 100 vessels in his lifetime and was known in Greece for family's media exploits
Knot Offshore first-quarter net income edges higher Partnership saw fleet utilisation of 93.2% in the period
Cosco Shipping Holdings trade halt triggers takeover talk Chatter about an OOCL acquisition resurfaces, while an internal asset restructuring may also be on the cards
Thoresen Thai Agencies unit buys secondhand supramax for $7.9m Vessel was delivered last Tuesday
Euronav joint venture signs five-year FSO contracts Deals expected to generate $180m in ebitda for the tanker operator
Product tanker market to rebalance in 2018, says Hafnia chief Mikael Skov talks about new trade routes, the importance of scale and fairness in implementing shipping regulation
Cosco Singapore dissolves dormant units after scrapping owned vessels Moves are part of the group's plans to restructure and streamline its businesses
HMM to dispose of 10 boxships to Korea Shipping Corp by end-May KSC will set up a special purpose vehicle to park the vessels under
Torm's Meldgaard does not expect product tanker scrapping to accelerate Increased ship demolition ahead of Ballast Water Management Convention unlikely amid weak scrap prices
Fabrikant: A long but bumpy recovery path Seacor chief executive says soon-to-be spun-off offshore business has the right assets for opening innings of an upturn.
Luxembourg and Dublin lead P&I club domicile race Luxembourg and Dublin are emerging as the favourite domiciles for British-run protection- and-indemnity (P&I) clubs that need to provide cover for continental fleets when the UK leaves the European Union (EU). But other potential locations are also bidding to become P&I 'centres, with Cyprus sending a team to visit clubs' UK offices soon and a number of European capitals and financial centres pur
Fred Olsen wades into river cruising Norwegian cruise line offers running sailings on the Brabant in 2018.
GulfMark Offshore files for bankruptcy with $737m in debt Houston offshore vessel owner takes pre-packaged Chapter 11 case to Delaware.
Bunker outfit debuts with low-sulphur focus GCC Bunkers to begin supplying fuel this week in Houston-Galveston area, but sights are set on manufacturing own blend for 2020 compliance.
Indian navy fights off bulker attack Greek vessel targeted by seven smaller boats in Gulf of Aden.
Marinpet snaps up Nordic Tankers vessel Istabul-based owner returns to the S&P market through deal with Danish operator.
Schnigge offers Rickmers Holding a lifeline German bank makes offer for bond that could help gain investor consent for Bertram Rickmers company's restructuring.
Missing captain found alive off Spanish beach Master of car carrier taken to hospital after falling overboard in Cadiz.
Sungdong creditors relax newbuild restrictions Yard to be allowed to sign contracts that will make less operating profit.
Grimaldi fails to unseat HSW management Largest Greek ferry company and takeover target for Italian shipowner elects same board of directors.
Tanker hit by fire in Kiel Canal Crew brings engine room blaze under control on Simonsen vessel.
RMT bondholder withdraws injunction Boxship owner urges creditors to avoid similar legal action as unexpected obstacle to Navios deal is removed.
Wan Hai eyes $149m bond as it turns red Taiwanese container line wants to pay off debt with new issue.
Samsung operations suspended again after fire Blaze hits Geoje yard less than three weeks after fatal crane collapse.
Irish Continental sells veteran ferry for $50m Irish Continental Group has sold off a ferry 16 years after it was replaced in its trading fleet. It has secured EUR 45m ($49.9m) for the 22,400-gt Kaitaki (built 1994) which has been sold to New Zealand ferry operator KiwiRail. ICG explains the vessel became surplus to requirements back in 2001 when a newbuilding arrived and the ship has been on charter outside of the Irish Ferries fleet since
ESL Shipping pushes up profit Finnish bulker owner benefits from new supramax deals in first quarter.
Finnlines forges ahead in first quarter Emanuele Grimaldi hails another record result as revenue grows.
Kyklades founder Aristides Alafouzos dies at 93 The man behind Kyklades Maritime and Glafki (Hellas) Maritime passed away in Athens this morning.
Hyundai Mipo changes car carrier order to product tankers Cido Shipping believed to be behind $228m deal originally signed in 2015.
Maybulk confirms handysize bulker sale Robert Kuok-backed owner continues to thin out fleet with disposal of 11-year-old ship.
Euronav, International Seaways firm up FSO deals Belgian and US tanker owners finally put pen to paper on deal to extend charters of storage units.
Cerberus latest name linked to HSH Nordbank US private equity giant said to be interested in bank's non-performing shipping loans.
Petronas signs agreement to explore LNG bunkering Malaysian oil giant says tie-up will help promote use of LNG beyond existing market portfolio.
Thoresen Shipping makes bulker purchase Thai-backed shipowner back in buying mode on back of recovering dry cargo market.
KNOT Offshore logs earnings miss and reveals tanker buy Technical trouble with a shuttle tanker leads to lower-than-expected profit improvement.
Japan Post records FY loss Japan Post Holdings Co. had a net loss attributable to the company of 28.98 billion yen (U.S. $261 million) for the fiscal year that ended ...
IMO: Delay to 0.5% sulfur fuel cap 'highly unlikely' In an interview with the website S&P Global Platts , Edmund Hughes, the head of air pollution and energy efficiency at the U.N.'s Inter...
Executive Moves: BIFA and Hendry Marine Source: Pressmaster/Shutterstock The British International Freight Association named policy and compliance officer, while Hendry Marine Indu...
Judge weighs in on Uber, Waymo case William Alsup, U.S. District Judge of the United States District Court for the Northern District of California, said in a ruling last Thurs...
COSCO Ports volumes jump 10% in April COSCO SHIPPING Ports Ltd. saw container volumes jump 10 percent in April 2017 compared with the same period last year, according to recent ...
Port of Hamburg receives largest containership ever The 20,170-TEU containership MOL Triumph called at the HHLA Container Terminal Burchardkai (CTB) at the Port of Hamburg on Monday, the Germ...
Forwarder groups support McAleenan nomination to head CBP The Pacific Coast Council of Customs Brokers and Freight Forwarders Association (PCC) is urging Kevin McAleenan be promptly confirmed as Co...
Chao discusses future of U.S. infrastructure U.S. Secretary of Transportation Elaine Chao discussed the importance and future of the nation's infrastructure at a U.S. Chamber of Commer...
European shippers seek more 'proactive' shipping regulation The European Shippers' Council (ESC) is advocating for "a change of the European legislation to enable the European Commission to take a mo...
FEATURE: Trump's Saudi trip seen having little oil focus But discussions will likely delve into Trump's $1 trillion infrastructure plan, which the Saudis are likely to invest heavily in, and the expected increase in American investment in the country.
Istanbul bunkers market braces for tight barges as holiday approaches "There is a holiday on May 19 thus barges will be tight May 19-22," a Turkish supplier said.
External: Wired Bunkering
Med HSFO backwardation at widest in 6 months amid strong buying interest
TANKERS: Partial port maintenance at Trieste May 16-29
Gulf Petrochem completes first barge bunker delivery at Paradip Previously bunker supplies at Paradip have been carried out at berth from trucks, a much slower delivery method suitable only for smaller vessels.
St Petersburg bunker prices at month high on rising cruise demand "The cruise season is starting," one buyer said. "In winter time the spreads are widening, in the summer the spreads are narrowing."
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