Rebalancing oil markets set to benefit tankers Peak oil demand far from here, says Opec secretary-general Mohammad Barkindo
Alternative capital providers overwhelmed by spectrum of shipping demand Greater interest than expected greets new crop of ship financiers
Odfjell sells stake in Singapore tanker terminal for $300m Macquarie fund to take the 50% stake held by Odfjell Terminals in Oiltanking Odfjell Terminal Singapore
Breakwater buys 11 AHTSs from troubled Hartmann German owner's offshore fleet - ordered at peak of boom - has had chequered history
IMO must be bold but cautious IMO member states will need to send a clear message to the world at large while keeping developing nations on...
No more finance for foreign-yard newbuilds, China's leasing houses told Move might take a toll on South Korean shipbuilders that have yet to recover from the financial woe
Bulker grounding raises Ecdis misuse concerns Ignored grounding warning was one of 3,000 warnings on navigation computer
Jebel Ali capacity heads towards 20m teu mark with more to come DP World's flagship Jebel Ali complex is back on a growth path after last year's dip in volumes, with local...
Daily Briefing Look beyond 2017 for a rosy outlook in the tanker markets
Higher rates and costs hit Panalpina's ocean freight business Seaborne trade earnings down despite rise in volumes
Samsung Heavy Industries wins $226m order for an LNG FSRU The order, for a vessel of 170,000 cu m capacity, was won from a consortium of Marubeni, Sojitz, and Pertamina
Thoresen Shipping confirms $14m supramax purchase from Songa Bulk The 2009-built, 58,700 dwt Songa Marlin is renamed as Thor Courage
ICS declares concern over Canada's planned regulations on crude shipping Move to temporarily prohibit crude shipments off northern British Columbia will obstruct global maritime trade, says Chamber
Korea starts research into boosting harbour logistics links Authorities looking to maximise collaboration with other related industries such as shipbuilding and steel
Scorpio Bulkers secures $85m loan for Golden Ocean ultramax purchases Borrowed money to finance up to 60% of purchase price of six bulkers
Tanker sector looks beyond hurricanes to firmer fourth quarter fundamentals, says MSI Average spot rates on the key TD3 route likely to rise to $34,300 per day
Drewry cautiously optimistic over multipurpose shipping's outlook Fleet of modern project carriers delivered over the past five years well-positioned to capitalise on any sector upturn
Ocean Rig's provisional liquidators step down amid successful restructuring Petitions to wind up the company and its units have also been dropped
Robert Bugbee sells 10% of his Scorpio Tankers shares Sale coincides with the partial vesting of restricted shares awarded to Mr Bugbee in the 2013 incentive plan
NAT defies sceptics to issue 81st-straight dividend Herbjorn Hansson somehow keeps NAT's dividend streak going, but why don't investors seem too happy about it?
Hamburg seeks solutions to restore battered confidence After nearly a decade in crisis, the national shipowning community gathers in Hamburg to discuss ways to restore confidence and prove its capacity and skills still have a global role
Hamburg Sud to decimate German workforce after Maersk takeover Some 131 jobs to go when new business model is rolled out
Gloves-off debate generates heat over Trump, China and climate Naples forum reveals shipping community will ride politically choppy waters but remain relaxed
Lundqvist sells aframax earlier than planned
Navios Midstream's net income drops 29% VLCC-focused maritime partnership does not get profit share lift as tanker market remains poor.
'Steer clear of Libya', Evalend warns peers Shipowner threatens to seize Libyan assets abroad in protest over tanker detained off Tripoli on allegations of oil smuggling
COSCO Shipping Ports reports throughput growth in all regions in September COSCO Shipping Ports posted an 18.3 percent increase in monthly throughput for September 2017 compared to the same period a year prior. To...
NWSA YTD volumes up despite September decline The Northwest Seaport Alliance (NWSA), the marine cargo operating partnership of the Port of Seattle and Port of Tacoma, saw its total year...
R&D program manager: Automated freight trucks should hit the market in next few years Automated cargo trucks should hit the market sometime in the next few years, but truck drivers shouldn't yet worry about their job security...
IAG Cargo to launch direct Madrid-San Francisco service IAG Cargo will launch a new direct flight between Madrid and San Francisco beginning summer 2018, the air freighter announced. IAG Cargo i...
PMSA: CAAP update components costly, burdensome The updates to the Los Angeles and Long Beach seaports' Clean Air Action Plan (CAAP) that were proposed earlier this year and are due to be...
CSX scales back operations in Columbus, Detroit CSX has recently made changes to some previously offered service lanes for intermodal freight that originated or terminated in Columbus, Oh...
Stakeholders agree federal funds necessary for infrastructure investment The Transportation and Infrastructure subcommittee held a House hearing last week during which officials from state departments of transpor...
Lockheed Martin completes test flights for LM-100J freighter aircraft Lockheed Martin's LM-100J commercial freighter program successfully completed its first flight of the second production LM-100J aircraft la...
Panalpina ups earnings, revenues amid higher volumes Swiss-based international freight forwarding and logistics company Panalpina had a consolidated profit of CHF 48.4 million (U.S. $49.6 mill...
Chevron suspends operations in Iraqi Kurdistan US oil major Chevron is suspending drilling in Iraq's autonomous Kurdistan region in the aftermath of the response to the Kurds' independence referendum and the increased tension over federalism and territorial rights.
FEATURE: Why Trump kicking Iran deal to Congress could preserve status quo President Donald Trump has left the fate of the Iran nuclear deal -- and the more than 1 million b/d of oil that it returned to the market -- up to the US Congress.
Use of Citgo in PDVSA loan just to 'secure financial interests': Rosneft Russia's Rosneft is not planning to use a loan deal with Venezuela's PDVSA to take control of a stake in US refiner Citgo, CEO Igor Sechin said at an industry event in the Italian city of Verona on Thursday.
OPEC seeks to institutionalize partnership with non-OPEC: Barkindo As its members appear to be aligning behind an extension to its production cut agreement, OPEC aims to make permanent its coalition with 10 non-OPEC countries -- and possibly add more participants -- to maintain its handle on the market, the organization's secretary general, Mohammed Barkindo, said Thursday.
Bunker supplier Peninsula launches Los Angeles supply operation Gibraltar-based marine fuel supplier Peninsula Petroleum has launched a physical supply operation in Los Angeles, the company said Thursday.
Med bunkers at over two-year highs on rising HSFO, strong demand Mediterranean bunker prices hit their highest in over two years Wednesday, supported by a tight high sulfur fuel oil cargoes market and strong demand.
FUJAIRAH DATA: Oil product stocks up 7.9% on week at 17.28 mil barrels Fujairah's commercial stocks of refined oil products rose 7.9% to 17.278 million barrels in the week to Monday, having sunk to a near nine-month low the previous week, as a number of gasoline cargoes arrived at the port, according to data from the Fujairah Energy Data Committee (FEDCom).
External: Wired Bunkering
Concerted IMO action needed to cut shipping sector's GHG emissions: ICCT report CO2 emissions from global shipping increased 2.4% from 2013 to 2015.
Bunker supplier Peninsula launches Los Angeles supply operation Gibraltar-based marine fuel supplier Peninsula Petroleum has launched a new physical supply operation in Los Angeles, the company said Thursday.
Fuel testing company FOBAS ready to monitor 0.5% sulfur fuel oil specs before 2020 Publicly Available Specification, or PAS, likely to be released to guide industry ahead of IMO 2020 global sulfur cap rule.
ANALYSIS: Business as usual for Iran oil exports as market eyes US sanctions threat - Iran may have to discount oil if sanctions reimposed - Asian importers consider trimming term contracts - Sanctions could affect insurance for tanker owners
FUTURES: Oil remains rangebound despite draw on US crude stocks
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