Anangel exercises two newcastlemax bulker newbuilds at SWS Series of 210,000 dwt bulkers vessels under construction for Greek owner now numbers four
Greek owners ratchet up new tanker orders Enesel, Onassis and Aeolos among companies confirming new VLCC orders
Thinking outside the box If higher capital costs curb rising asset prices, could active chartering strategies make up for them?
Inmarsat aims even higher with Alesund commitment As demand for connectivity from the maritime sector is set for a rapid increase, the satellite communications provider targets innovation
Daily Briefing China dominates this year's annual ranking of influence in the shipping industry, taking the top four positions in the newly...
DNV GL reveals a new singlemindedness With DNV GL now under single ownership, now is the time to change the classification game
SSY buys Danish dry bulk shipbroker Bidsted The acquisition will help one of the leading shipbrokers to expand in the dry bulk space
IMO appoints new faces as veterans step down Heike Deggim and Hiroyuki Yamada to join Secretariat from January 2018
Hapag-Lloyd's outlook raised to stable at S&P UASC merger and freight rate prospects lift German carrier's credit profile
Maersk launches booking system with cancellation penalty Senior vice president Silvia Ding expects the online platform to reduce 'no-shows'
Containerised freight key in boosting intermodal transportation in India Containers help cut handling costs in cargo transfers from one mode of transport to another, says study
Skuld cuts technical loss to $13m at nine-month stage Impact of big claims offset by commercial profits
Safe Bulkers adds post-panamax to fleet Purchased vessel has similar specifications to two South Korea-built post-panamaxes in company's fleet
Yang Ming eyes major fleet renewal Taipei-listed carrier is also in talks to delay three 14,000 teu newbuildings
Navios Maritime Containers acquires four pananaxes for $97m Company funded the deal with net proceeds from $50m private share placement and $50m from current credit facilities
BIMCO and CIRM draw up software maintenance standard for shipping Industry associations note that current systems and procedures to handle software have not caught up with technical issues faced on...
Japan expands unilateral sanctions on North Korea Among 19 sanctioned entities, a total of 10 companies are either shipping or trading firms
Singapore adds further funds to LNG bunkering initiative Half the S$12m funding will support construction of LNG bunkering vessels, with the rest helping build LNG-driven ships
Kexim bank eyes more funding for shipbuilders in 2018 Bank expects the number of orders to go up next year, keeping the yards busy
KNOT Offshore Partners buys tanker from parent Drop-down vessel comes with five-year charter.
Industry tributes to 'colleague and friend' Lykiardopoulos Former Baltic Exchange director Nicolas J Lykiardopoulos died on Tuesday.
Severnaya Verf loss more than doubles Russian shipbuilder hit by falling revenue over first three quarters.
Newton could take 22% of Titan yard group Hong Kong shipbuilder sells $19m convertible bond to UK fund.
Rickmers tied to rare capesize bulker buy Rickmers Group is being linked with a rare move in the capesize bulker market. Shipbrokers are pointing to the German shipowner as the buyer of the 180,000-dwt CPO America (built 2010). A price of $24.5m is being placed on the Daewoo-Mangalia-built vessel, which was formerly controlled by Claus-Peter Offen. Rickmers Reederei KG is best known for its involvement in the container business and doe
HUBLine targets dry bulk expansion with share sale Malaysian owner could spend extra cash on new barges and debt repayment.
Another Pacific Richfield ship under the hammer Receivers Deloitte invite bids for 2011-built anchor-handler.
Credit Suisse sees George Economou's Ocean Rig as a seller Bank's analysts suggest restructured driller could be sold at the right price in the future.
Cosco Shipping's $1.94bn share sale approved Government gives green light to owner's newbuilding fundraising placement.
BC Ferries pushes up earnings Canadian owner benefits from higher volumes in the third quarter.
Dof sells laid-up platform supply vessel Divestment fits owner's strategy to clean its fleet of older assets.
Chinese newbuilding orders down by one fifth Overall activity shows fall in first 11 months of the year but overseas activity is up.
Subsea 7 wins subsea job from Aker BP Contract off Norway valued at between $50m and $150m.
Damen wins dredger LNG conversion contract Dutch yard to switch French vessel over to dual fuel.
SITC linked to YZJ boxship order Hong Kong-listed owner said to have signed up for two vessels in China.
Croatian orderbooks full for three years Chamber of Commerce says shipbuilders busy into 2020.
Major expansion project at Port of Kaohsiung completed Rotterdam-based Van Oord, an international contractor specializing in dredging, marine engineering and offshore projects, has completed the...
CMA CGM to offer new line of cargo insurance products French container carrier CMA CGM Group is launching a new line of customer-focused cargo insurance products, including one that the firm sa...
Report: Yang Ming plans to scrap 20 vessels, renew fleet Yang Ming plans to scrap 20 vessels and bring in new ships after state-backed Taiwan International Port Corp. (TIPC) converted $343 million...
Saia LTL Freight opens new terminal in Pennsylvania Saia, Inc., which provides less-than-truckload, non-asset truckload and logistics services, revealed this week that its Saia LTL Freight su...
Port Corpus Christi to handle 3,000 wind turbine parts by year's end Port Corpus Christi anticipates handling more than 3,000 wind turbine components by the end of this year, a record over 2016, according to ...
Maersk Line drops calls to Shanghai, Shenzhen amid congestion Maersk Line has dropped one call to Shanghai and Chiwan Shenzhen each due to severe congestion at both ports, a Maersk spokesperson confirm...
St. George Logistics expands Chicago footprint by acquiring Channel Distribution Corp. St. George Logistics (STG) has expanded its footprint in the Chicago area through its acquisition of Channel Distribution Corp. (CDC), STG ...
SJ Logistics, HMM launch joint Asia-Europe rail service SJ Logistics and Hyundai Merchant Marine (HMM) will jointly participate on a block train service to Europe via the Trans China Railway (TCR...
ICE Brent/WTI spread dips below $6/b to cap volatile week The ICE Brent/WTI spread fell 33 cents to $5.90/b Friday, despite the continued outage of the Forties pipeline, but remains relatively wide encouraging US crude exports to Europe.
Bunkering partially suspended at Malta on rough weather Bunker operations at Malta have been partially suspended on rough weather.
Panama's October marine diesel sales rise 34.94% on year: AMP Marine diesel fuel sales in Panama totaled 33,840 mt in October, up 8,762 mt, or 34.94%, from 25,078 mt in the year-ago month.
External: Wired Bunkering
Chevron Marine Lubricants gears up for IMO 2020 sulfur cap in shipping Many of the vessels using alternative fuels are dual-fueled, resulting in more extreme operating conditions for engines, and need agile solutions.
ANALYSIS: Big Oil to turn corner in 2018 as upstream budgets grow - Global upstream capital expenditures seen rising - More major FIDs expected in 2018 - Free cash flows to hit 10-year highs
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher