Brussels endorses amended Malta tonnage tax after five-year probe Island has agreed to cure certain breaches of state aid rules to win 10-year endorsement
Marmaras acquires CPO Asia from Offen fleet Greek owner makes first cape acquisition in about 18 months as broker says further price rises not ruled out
Charterers' confidence grows, survey shows Shipping confidence at highest in three and a half years, says Moore Stephens
Three Hamburg tug operators face $15m cartel fines Fairplay, Bugsier and Petersen & Alpers co-operation unlawful, authorities rule
Scorpio may delay scrubbers decision beyond 2020 Executive Cameron Mackey warns regulation and uncertain fuel oil future makes scrubbers a risky venture
Eagle Bulk adds to ultramax fleet Purchase brings the company's ultramax tally to 12 as it sees solid minor bulks trade into next year
Brookes Bell building a centre of expertise UK-headquartered expert consultancy is gathering together a team of maritime experts to offer the right person for the right job
Maurice Meehan: An environmental champion of passion and ability The Carbon War Room's shipping head Maurice Meehan dies suddenly, aged 42
Borealis Maritime plans in-house commercial manager for chemtankers Borealis Tankers lures senior hires from Atlantis Tankers
'Our industry needs to do more to stop sexual harassment and sexual assault' If we want to continue to attract women into the maritime industries, we need to provide a workplace where we...
Baltic Exchange takes deckplate approach in switch to TD3C London-based exchange opts for trading accuracy rather than historical consistency
Daily Briefing THE withdrawal of valemax ownership doesn't spell the beginning of the end for Vale's dominance in longhaul dry bulk shipping...
Barge congestion continues at key European box ports Contargo maintains surcharge on services to and from Rotterdam and Antwerp as waiting times persist of 12-72 hours
Top 10 women in shipping 2017 Our 2017 Top 100 most influential people in shipping series -- published this week and available here -- includes many...
BDI cannot be both a shipping barometer and effective trading platform Proposed omission of handysize segment detracts from goal of using the BDI as a barometer of dry bulk markets, says...
Wisdom Marine to order supramax duo at Kawasaki Heavy Vessels scheduled for delivery over 2019-2020
Korea outlines measures to prevent vessel collisions Move comes in response to collision between fishing vessel and coastal tanker off Yeongheung island early on December 3 that...
DSME extends delivery for Maran Gas LNG carrier newbuilds Orders were for a total of six vessels under two shipbuilding contracts
Shanghai tops Drewry's port connectivity index Consultancy says port connectivity is as important as size or scale
Singamas Container expects a return to profit Company cites growing box demand amid the improvement in international shipping volumes as key factor
FSL Trust in talks to extend loan maturity Trust has applied to the Singapore High Court for a scheme of arrangement regarding its obligations under the loan facility
CDB Leasing agrees $514.3m LNG carriers deal with Dynagas Vessels are loss-making, but will serve the Yamal project
Vard to build $318m electric hybrid cruiseship for Ponant Polar Class 2 cruise vessel will have icebreaking capabilities and be powered by liquefied natural gas and batteries
Damen signs deal with Concordia to build inland waterway ships Joint venture named Concordia Damen Shipbuilding
Carnival beats estimates despite lower earnings Company takes bullish stance toward full-year 2018 after hurricane hit fourth quarter.
Moody's downgrades Eletson on poor market, newbuildings Revised rating comes as the agency holds a negative outlook on the tanker sector.
Trend Discovery buys chuck of Diana Containerships A Delaware venture capitalist company has bought into Diana Containerships. Trend Discovery has snapped up a 38,000 bundle of shares in the shipowner, which is sufficient for a 5.02% stake. Its move comes just a few days after Morgan Stanley reported it held a 5% equity stake in Diana Containerships. Trend Discovery is led by managing partner Brad Hoagland and invests in both public and priv
Nautilus calls for crew clarification post-Brexit Union wants guarantee UK seafarers will still be able to work on EU-flagged ships.
Exmar set for VLGC order after Statoil tender win Deal would take the company into direct VLGC ownership.
Carbon War Room's Maurice Meehan dies Environmental think-tank pays tribute to shipping operations director.
Gard maps out the next 100 years CEO Roppestad says P&I club must contribute to healthy ecosystems and strong communities to stay the course.
Reederei Roth chief confirms bulker sale Ship worth $80m at market peak in 2008 has been sold now for $8m.
German trio drydocked at Gibdock Yard hails more business from operators like Dohle and Ahrenkiel.
Eagle Bulk Shipping confirms ultramax purchase Owner announces transaction first uncovered by TradeWinds last week.
Navigare Capital Partners moves into crude tankers Fund adds aframax to product tanker, dry cargo and boxship purchases.
Eesti eyes LNG terminal or bunker ship Estonian operator wants a piece of the LNG-fuelled vessel market.
Triyards seeks more time for audit Restructuring Singapore yard asking SGX to extend quarterly results deadline.
SolstadFarstad doubles savings target to $95m Norwegian owner wants to find more synergies following merger with Deep Sea and Farstad.
Borealis starts new tanker management venture Borealis Tankers will start with in-house chemical carrier operations from Istanbul, but is targeting third-party owners.
OPEC cuts drag Middle East VLCC fixtures to five-year low Credit Suisse sums help explain why winter market has failed to fire.
Maersk Drilling bags $100m from asset sale Cash deal tightens company's focus in the offshore area of the market.
Mercator's loss grows in second quarter Indian tanker and LPGC owner hit by revenue fall.
Shinsung Shipping orders cargoship quartet Korean owner goes for fleet renewal at Dayang Offshore in China.
Pacific Radiance reveals debt of $519m Owner has laid up 36 ships as refinancing talks continue.
Kim Heng ties-up ex-Swiber anchor handlers Offshore player secures access to Malaysian waters as OSVs secure short term charters.
Wisdom Marine heads to Kawasaki for bulkers Taiwan owner makes it five ship acquisitions in six months with latest newbuilding order.
Pavilion to supply LNG bunkers to PSA Marine Green fuel to be used on tug newbuildings due to be delivered to Singapore firm in 2019.
Pen Test Partners: Hackers could sink a bulker Potential weakness found in hull stress monitoring systems born in pre-internet age.
Rising tide lifts U.S. container port volumes to record levels in 2017 After several years of tepid global trade growth, the North American port sector is booming. So far in 2017-both the calendar year and fisc...
UPS places pre-order for 125 Tesla semis UPS Inc. has placed a reservation for 125 of Tesla's new fully-electric Semi tractors, the global package delivery and logistics company an...
Senate committee rejects Ex-Im Bank chairman nominee The Senate Banking Committee voted this morning to rejectScott Garrett, President Trump's nominee to lead the U.S. Export-Import Bank (Ex-I...
Port of Tilbury requests consent order for second terminal London's Port of Tilbury has submitted an application for a development consent order (DCO) to build a new terminal adjacent to the current...
CMPH signs 99-year lease to run struggling Sri Lankan port China Merchants Port Holdings has taken over commercial operations at the struggling Port of Hambantota on Sri Lanka's southern coast, rece...
East Coast Warehouse adds capacity at Port of NY/NJ Elizabeth, N.J.-based East Coast Warehouse & Distribution, a fourth-party logistics provider (4PL) specializing in temperature-controll...
Maersk Line launches online platform to combat booking cancellations Maersk Line has launched a new online platform for end-to-end freight booking that aims to reduce last-minute booking cancellations, a spok...
Panama Canal ups maximum authorized draft for Neopanamax locks In the wake of recent rainfall that brought two artificial lakes that link to the Panama Canal to their operating limits, the Panama Canal ...
Online furniture retailer to open 319,000-sq.-ft. facility near Jaxport terminals Online-only furniture brand Article will double the size of its U.S. distribution space in 2018 by opening a 319,000-square-foot facility n...
NYMEX January crude goes off the board near Bollinger middle band NYMEX January crude settled 30 cents higher Tuesday at $57.46/b on expiry, which was just a few cents above the contract's Bollinger Band midpoint that signifies neutral territory.
Corpus Christi port sees crude exports rising to 1.792 mil b/d by 2020: COO The Port of Corpus Christi Commission has revised its recent forecast of crude exports for 2020, adding another 704,000 b/d, even as major constraints remain before it can become a leading US energy port, Chief Operating Officer Sean Strawbridge said.
Nebraska upholds Keystone XL approval, sparking likely court battle Nebraska regulators on Tuesday upheld their decision to allow TransCanada to build the stalled 830,000 b/d Keystone XL crude pipeline, albeit on an alternative route.
UK Forties pipeline repairs could take up to three more weeks Repairs needed to bring the UK's main crude supply pipeline, Forties, back on stream are making "steady progress" and could take up to three more weeks, pipeline operator Ineos said Tuesday.
Saudi Arabia eyes 12% rise in oil revenues for 2018 budget Saudi Arabia's budget for 2018 will require a significant increase in oil income to help fund a record $260 billion spending spree, according to a statement Tuesday.
Fuel oil flows east from ARA recover in December Flows of fuel oil to the East have recovered ground from November with Rotterdam loadings expected to be 900,000 mt for December, up from 300,000 mt which departed from the Amsterdam-Rotterdam-Antwerp blending and bunker hub in November.
Cyprus eyes up LNG-powered future, phasing out gasoil imports The Electricity Authority of Cyprus has said it will switch to LNG at its power stations by 2020, with a view to winding down its current reliance on gasoil imports.
External: Wired Bunkering
Iran's oil minister eyes gasoline self-sufficiency from mid-2018 Zanganeh said he believed "stabilization" would follow the start up of phase two of the Persian Gulf Star condensates refinery.
US bunker player WFS tops Aegean Marine's list of approved debtors Glencore Group's Chemoil and Oceanconnect, Hapag-Lloyd AG, Mitsui, Qatargas and Wallenius Wilhelmsen Logistics AS/ Eukor Car Carriers Inc are among others.
One-third of shippers to opt for scrubbers to meet IMO 2020 sulfur cap: Foreship Attractive ROI on scrubbers to promote scrubbers uptake.
FUTURES: Crude remains stable in Asia, Brent/WTI spread above $6/b
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