Softer Middle East fixtures stem VLCC rate surge Is seasonal summer slowdown in oil and tanker markets setting in?
Cyprus flag targets containerships Turkish embargo is the elephant in the room preventing the Cyprus flag from joining world's top four, says ship register's...
Egypt looks to double natural gas output by 2020 Cairo's move towards self-sufficiency will see it becoming a large LNG exporter again.
Polaris identifies four VLOCs for special detailed inspections Converted very large ore carriers will be subjected to a thorough survey at discharge ports
Kugs das blog Life on the inside... the making of a maritime journalist
Peninsula Petroleum moves to fill Barcelona bunkers gap Bunker supplier will base one of its barges to meet seasonal demand
Last Word: Lest we forget UK Chamber publishes a history of its work in the First World War
Stellar Daisy accident investigation continues as search operations halted Reasons for the loss of the ship and its crew are still not known
Last Word: Short and punchy We'll keep it brief
Black Sea and east coast South American grain shipments boost handysize rates Bulker charter activities in the Russia-China route may slow down as Russia considers new coal handling rules
KNOT finance chief to move to Seatankers Øystein Kalleklev will begin work at Seatankers in October
Lawsuits filed against George Economou's DryShips Class actions allege company made materially false and misleading statements
Yang Ming approves second share offering Taiwanese company to issue 500m shares to existing shareholders, employees and the public
Liverpool2 to undergo expansion Peel Ports to add over a dozen new cranes
Philly Shipyard profit cut back Costs rise for US shipbuilder as it pursues USCG contract with Fincantieri.
Peninsula offers bunkers in Barcelona London-based marine fuels supplier adds seventh port to its area of operations.
DryShips nets $8m from latest Kalani sale Slug of shares sold to Marc Bistricer-backed firm hits price target mentioned in lawsuit.
Handysize laker crashes into bridge No injuries or pollution were reported in collision involving 65-year old ship carrying coal.
Morgan Stanley: VLCC fixing at 14-month low VLCC chartering activity slipped to the lowest level for more than a year last week. Just 12 of the tankers were fixed out of the Middle East Gulf, the smallest figure seen in 14 months, according to Morgan Stanley. Analysts led by Fotis Giannakoulis say the week began with supply and demand looking tight but the limited number of fixtures changed the picture. VLCC rates finished last week at $
Lundin takes up option on Economou rig Norway-focused oil company holds onto semi-submersible Leiv Eiriksson and gets more options.
Azerbaijan targets US yard cooperation US ambassador visits Baku Shipyard; talks over potential joint projects.
Parakou sells second MR in two months Price secured for medium range tanker is in line with forecasts and previous sale.
Malone steps in as Teramoto exits Navigator boardroom WL Ross & Co executive departs as director of shipowner with finance man coming to the table.
CMA CGM in reefer alliance with Seatrade French conglomerate partners with Dutch group to launch new service with 13 vessels starting in October.
Aquavita close to double handysize bulker buy Ukrainian-Greek owner set for sale-and-leaseback move involving pair of Nordic Hamburg vessels.
Turkish cargoship detained in England Crew aboard reportedly paid $0.86 per hour while owner Voda Shipping has faced more detentions in 2017.
DryShips hit with class action lawsuit over Kalani deals Investor claims capital raising deal is illegal. Separately, Economou's ex-girlfriend sues in New York claiming she was 'cheated' out of $250m settlement.
Passengers evacuated from ro-pax Indonesian vessel grounds off Kalimantan Island.
Blue Fleet finds trading buyer for veteran Reported price for company's only listed bulker is well above its scrap value.
Six feared dead after cargoship sinks Vietnamese vessel went down in typhoon in Gulf of Tonkin; seven crew saved.
IKEA calls on owners to comply with IMO Giant furniture retailer supports incoming sulphur regulations, says non-compliance would mean breach of contract.
Clarksons: S&P activity above trend in first half Boost in activity comes despite bulker rates remaining below post crash averages, Steve Gordon says.
Gulf Island scoops research ship deal Oregon State University inks contract for first of potential three vessels.
Jinhui chairman backs share sale Siu Fai Ng spends $128,000 on owner's stock in rights issue.
Korean yards tipped for order boost Second half of the year looking good for busier shipbuilders.
Arkas Line steps up Africa trade Turkish owner to run its own ships from Europe with Hapag-Lloyd, CMA CGM.
Coal crowds North China ports China says it is cutting consumption and production of coal but the first half of 2017 saw a massive growth in coal volumes shipped on the north-south coastal route.
Marco Polo wins protection from creditors Restructuring offshore shipowner safe from legal action until the end of August.
Glovis buys Eusu Ship Management Korean car carrier owner snaps up shipmanager and crewing agency.
Sungdong wins Kyklades refund guarantee Korea Eximbank backs Greek owner's series of aframax newbuildings.
Cape too pricey for Winning Shipping Leading capesize owner Winning denies reports it has bought a Japanese capesize, which is reported on subjects to a Far Eastern buyer for some $13.8m.
AMA buys Global Jupiter Thai tanker owner adds Japanese-owned chemical tanker to its fleet.
MMT charters Olympic Subsea vessel Swedish subsea player will use vessel for ROV surveys in Bay of Biscay.
Thoresen confirms supramax buy Thai company says Crystal Palace will join its fleet shortly.
Disney orders third cruiseship Meyer Werft gets third LNG-powered cruiseship contract from US entertainment giant.
Tax abatement for proposed XPO distribution center approved by Indiana city The City Council in Lebanon, Ind. has approved a tax cut that would potentially save a planned XPO Logistics' distribution facility between...
DP World's P&O Ports wins terminal concession at Port de Sete Terminal operator DP World subsidiary P&O Ports has been awarded a three-year management contract to operate the container terminal in ...
CMA CGM, Seatrade team up on new reefer service French ocean liner CMA CGM has announced a vessel sharing agreement with Antwerp, Belgium-based refrigerated container transport (reefer) s...
MSC containership severs Somalian internet The MSC Alice , a 1,730-TEU containership, has been detained in Somalia after reportedly severing a fiber optic line that supplies the coun...
NTSB releases preliminary report on fatal CSX, Amtrak incident The National Transportation Safety Board (NTSB) has released its preliminary report on the fatal rail incident that occurred June 27 in Was...
Yang Ming to list 500m shares in new public offering Yang Ming Marine Transport will make a public offering of 500 million shares as part of the company's ongoing recapitalization plan , the T...
Diana agrees to time charter with Maersk, reups with CMA CGM Athens, Greece-based transportation services company Diana Containerships, through a separate wholly-owned subsidiary, has entered into a t...
Maersk expands vessel management contract with ER Schiffahrt Hamburg, Germany-based ship manager E.R. Schiffahrt has been retained by Maersk Line for the management of three ships, supplementing a cur...
Eusu Ship Management bought by Hyundai subsidiary Logistics company Hyundai Glovis, the transportation arm of Hyundai Motor Group, has reached an agreement to take over South Korean vessel ...
Diesel shipment to Asia diverts to Turkey as eastern markets slacken This product would still likely feed into the Indian market, sources said, adding that storage in the Persian Gulf prior to delivery was more economical.
July distillates imports from USGC into NWE, Med at over 1.2 mil mt Most vessels already traveling across the Atlantic continued on to their original NWE destinations despite the strengthening Mediterranean market.
Cheaper VLCC freight unlikely to lift West-East HSFO arb volumes: sources "I don't think we will see any more fixtures for now, Singapore is too weak," said a trader.
ANALYSIS: Crude term structure, Cushing stocks on tightening path A narrowing contango removes the financial incentive for traders to store crude there, and in turn can force more barrels out of tank.
External: Wired Bunkering
Bunker supplier Aegean Bunkering Singapore still in business The company is re-aligning costs and using third-party barges instead.
Bunker supplier Peninsula launches operations in Barcelona The company has moved its 7,500-dwt barge Alliance Spirit up to the northeastern Spanish port.
'No specific proposals' for Libya and Nigeria at OPEC/non-OPEC monitoring meeting: source OPEC's crude oil production has risen 500,000 b/d in the last two months, according to the latest S&P Global Platts OPEC survey released July 6.
Russia's Novatek joins industry associations to promote LNG bunkering Stricter environmental rules consistent with Novatek strategy to enter LNG bunkering.
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