ABP chief executive James Cooper to resign ABP expects to appoint a successor in 2018
Low-sulphur fuel future will have consequences across the industry Lloyd's List Business Briefing speakers advise that careful preparation is the best way to mitigate expected risks
GasLog Partners buys a third LNG carrier from sponsor Another dropdown after the MLP raises cash distribution
CMA CGM in landmark order for 22,000 teu ships worth a potential $1.2bn The French line confirms order as it outperforms the industry in the second quarter, rounding off a busy few months...
TEN stays in profit despite tanker market slide Greek owner began 22 new period charters in first half as newbuilding odyssey winds to a close
Intra-Asia box rates war predicted Regional agreement to raise rates in the coming months could fall flat due to excess capacity, Drewry says
World Fuel Services readies industry for critical 2020 decisions Crunch time is approaching for many players in shipping to make critical choices for the future of their business in...
IMO approves updated guidance for bauxite shipping The updated guidance, which is likely to come into force in 2019, should help save lives at sea
How much to marry a willing bride? Cosco Shipping may have to up its game if PIL is to concede to be its next acquisition target
Daily Briefing Europe will suffer if it introduces Brexit trade barriers, warns UK trade minister
South Korean builders call for lower steel price to rival Chinese Korea Offshore & Shipbuilding Association says the country's steelmakers and shipbuilders must co-operate to survive
Flags flying high The top 10 to 20 dominant flag states enjoy a comfortable, if not insurmountable, cushion from their smaller counterparts
And finally - Last word from London International Shipping Week The lighter side of a week ricocheting between London events
Kugs das blog Life on the inside... the making of a maritime journalist
MPC Container Ships posts first half loss Oslo-listed group is in an expansion phase, having begun buying its fleet in April this year
China offshore wind a multibillion dollar market for shipping Beijing's thirst for green energy could bring shipping opportunities in transport, installation and maintenance
Will energy shipping come to an end? Despite burgeoning headlines about renewable energy and electric vehicles, demand for oil, gas and coal will not disappear in the...
Crowley deploys 18 product vessels to resupply hurricane-hit Florida Relief vessels will transport 2.75m barrels of gasoline and 500,000 barrels of diesel to major ports in the state
Oakland gets $1.8m in government grants for port security upgrades Oakland port to pay 25% of the $2.4m total cost of the security projects
The Alliance establishes $50m rainy day fund Contingency fund to act as first line of defence against insolvency by one of the members
Seadrill gets court approval to continue with business operations amid restructuring Approval allows company to continue paying its workers, suppliers and vendors as debt restructuring proceeds
Vigilance is vital over international sanctions breaches Companies must protect themselves from the fallout of any breaches in the wake of the delivery of Siemens' turbines to Moscow-annexed...
Greece strengthens class societies after oil spill Government boosts role at expense of its own bureaucracy after Agia Zoni II sinking.
Norway gets green light on change to tax refund scheme Owners operating deepsea vessels flying Norwegian colours now get full reimbursement of tax contributions for Norwegian and European seafarers
TEN reports result in line with consensus Tanker owner is focusing on the winter ahead as its second quarter performance held no surprises.
Two more United Ocean ships set to be sold Trustees of the collapsed Japanese owner United Ocean Group are set to sell two more bulkers shortly and the last kamsarmax ship could end up with Oslo-based Songa Bulk. The Tsuneishi built 81,000-dwt Ocean Liberty (built 2015) is set to have offers by next week and could possibly fetch some $24m. Is there a black swan in bulker recovery story? Arne Blystad-led Songa last month bought a siste
Sinopec sends first VLCC diesel cargo to Europe Chinese chartering giant books CoscoCS newbuilding for groundbreaking trip.
Teekay Tankers starts $45m share buyback New York-listed tanker owner reveals plans to repurchase Class A shares targeting increased liquidity.
GasLog drops down another LNGC for $186m GasLog Partners to make ninth acquisition from parent company.
Polaris sends VLOC for demolition South Korea's Polaris Shipping is selling an elderly former VLCC for demolition. Sources say the 261,000-dwt Stellar Cosmo (built 1992) has been sold for scrap in either India or in Pakistan for $423 per ldt or $17m. Polaris bought the ship as the VLCC Suzuka in March 2007 for $39.5m. The vessel is due for special survey. The company has a number of elderly VLOCs in its fleet, including the
Detained PSV to be auctioned off Scottish court clears sale of GOL's Malaviya Seven to pay crew wages.
Credit-Suisse tips products tanker upturn in 2018 Slowing supply growth will help push rates up by at least one-fifth next year, analyst believes.
Migrants in limbo on DFDS ro-pax Tensions rise as group of 12 Africans kept on ship sailing between Turkey and Ukraine.
Burgess Marine opens new repair yard UK group teams with Portsmouth council for latest facility.
MPC Container Ships starts with a loss Oslo start-up hit by initial costs as it builds boxship fleet.
Boa Offshore seals financial restructuring Norwegian owner cuts loss after finalising debt extensions in downturn.
Skangas LNG bunker ship makes debut voyage Coralius brings fuel from Stavanger to Fredrikstad.
Seanergy still sees red despite revenue surge US-listed capsize owner says it has also regained compliance with Nasdaq listing requirements.
Bulker banned for underpaying crew Australian Maritime Safety Authority says vessel was keeping two sets of wage accounts.
CMA CGM thrives in Q2 2017 CMA CGM recorded a net income of $219 million for the second quarter of 2017, compared to a net loss of $129 million for last year's second...
Report: E-commerce causing airport infrastructure headaches E-commerce has increased cargo volumes to a point where some airports are questioning how to handle all the cargo. A panel at the Airforwa...
CWT Commodities U.S. office joins T. Parker Host, becomes Host Logistics The full staff of the U.S. office of logistics company CWT Commodities has joined Virginia-based terminal operator T. Parker Host to form H...
Australia bans Panama-flagged bulk carrier for underpaying crew A Panama-flagged bulk carrier has been barred from entering Australian ports for a year after the vessel was discovered keeping two sets of...
Ferreira succeeds Motsick as CEO of Catapult Freight rate management software provider Catapult International has named Virgil Ferreira as its new chief executive officer, the company ...
Port of Oakland to develop emergency ops center using FEMA grant The Port of Oakland will use $1.8 million in newly awarded federal Port Security Grant Program funding to help implement two new port secur...
Container yard expansion continues at the Port of Felixstowe The construction contract for the next expansion phase at Hutchison Ports Port of Felixstowe has been awarded to VolkerFitzpatrick Limited,...
New Jersey firm fined $400,000 for export violation The State Department's Directorate of Defense Trade Controls (DDTC) this week imposed a $400,000 civil penalty against Barrington, N.J.-bas...
Additional firms sanctioned for ties to Iran The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Thursday designated 11 more entities and individuals for engaging...
Asia Aframax rates at four-month high on increase in trading volumes The Aframax market in Asia rose to the key Worldscale w100 level for the first time in four months Friday on an increase in trading volumes, sources said.
Istanbul bunker prices approach nine-month high amid tight barge availability Bunker fuel prices at Istanbul, Turkey, rose to its highest point in almost eight months Friday amid tight access to barges.
First Mexico private marine fuel terminal further cracks Pemex monopoly Mexico's transportation fuels market took another step towards liberalization as the first private marine terminal in the country, in the Gulf Coast port of Veracruz, has started operations.
NYMEX products rally as crude remains on cusp of $50/b Refined product futures led the oil complex higher Friday, giving a lift to crude, which has moved toward the upper end of the recent trading range as the demand outlook turns bullish.
NWE bunker price highs driven by gains in Brent
Malta bunker fuel values surpasses two-year high on strong benchmark
SUBSCRIBER NOTE: Platts to publish LNG bunker posting in Vancouver from Oct 2
South Korea's Hanyu to expand tanker fleet to 20 by 2025 It also plans to expand bunker trading in Singapore to include cargo and ex-wharf.
External: Wired Bunkering
External: Global Risk Management
FUTURES: Oil ticks down amid profit-taking
Nigeria won't join OPEC cuts until output stabilizes further -- minister Nigerian output has grown sharply in the past few months due to relative calm in the Niger Delta, as militants attacks have fallen sharply.
ULCC TI Europe enters drydock as Unipec's time charter draws to a close The 442,000 dwt and 2002 built, TI Europe is owned by Euronav which says on its website that the vessel was on time charter until August 22, 2017.
US Secretary of State Tillerson urges China, Russia to take action against N Korea -China meets most of N Korea's oil needs: Tillerson -UN Security Council to hold emergency meeting on N Korea Friday
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