Four more Hanjin ships sold Hong Kong sale clears way for new charters
Asian trades help handysize bulkers to three-week high Further improvements may come from east coast South America
MSC updates Atlantic and Pacific services Carrier joins forces with HMM for transpacific route
Shell urges more LNG investment Lack of investment is another headache for the global LNG carrier fleet
Ecsa condemns supporters of revised EU emissions trading scheme Condoning regional measure will have detrimental effect on global approach emissions measures, says association
One third of boxship fleet worth no more than scrap value Classic panamax asset values fare worst, with 85% of capacity worth scrap prices
Indian Register of Shipping opens Iran office Classification society enters Iran at a time of geopolitical uncertainty
First Triple-E boxship calls Vietnam Regular service may be launched if the market continues to strengthen
Pirates kill seafarer and abduct six others off Philippines Anti-piracy watchdog voices concerns over rising number of incidents in Sulu-Cebes Sea region
Hinchliffe bids adieu to ICS Secretary-general announces his retirement from international owners' group from May 2018
Banks close to putting the lid on Hanjin exposure, Moody's says Bankruptcy raises risk of default of emergency financial assistance loans but much will be covered by government guarantee
Golar LNG raises $402.5m from convertible bond sale Around $31.2m of net proceeds were used to finance the cost of capped call transactions
Gulf Navigation settles bank dispute Group also negotiating with other counterparties to come to fair settlement terms
HHI spinoff inks scrubber pact with KSS Line Firms to work together to outfit KSS Line's LPG carriers with exhaust gas cleaning systems
Vard clarifies newbuilding deal details after SGX query Deal completion contingent on Aker BioMarine being able to secure adequate financing
Seoul court appoints bankruptcy trustee to liquidate Hanjin First meeting of interested parties scheduled for June 1
BNSF agrees to $50k settlement over Illinois oil train derailment BNSF Railway has agreed to a $50,000 settlement related to a 2015 train derailment and subsequent oil spill in Galena, Ill., according to a...
Detention and demurrage petition gains more support Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission (FMC) to provide guideline...
Pet food retailer Chewy to build e-commerce fulfillment center in Florida Chewy, an online seller of pet food and products, will build a large fulfillment center in Ocala, Fla., Florida Gov. Rick Scott's office an...
Special Coverage: How forwarders, NVOs will adapt to change A lot has been said in recent years about the inability of freight forwarders and non-vessel-operating common carriers (NVOs) to adapt to a...
Textainer posts loss for Q4 2016 Textainer Group Holdings, one of the largest container lessors, reported a loss attributable to common shareholders of $346,000for the four...
Truckload rate decline hits 11-month mark in January Source: Vitpho/Shutterstock Truckload rates fell 0.3 percent year-over-year in January 2017, but according to Avondale Partners Economist Do...
Intermodal rates see biggest jump since 2014 Source: Federico Rostagno/Shutterstock Intermodal rates in January 2017 rose 3.8 percent year-over-year. Intermodal rates rose 3.8 percent ...
HHI workers to go on strike About 4,000 metalworkers rallied in front of the Hyundai Heavy Industries (HHI) Shipyard in Ulsan, South Korea last Wednesday in opposition...
Executive Moves: DHL Express and MOL Source: Pressmaster/Shutterstock DHL Express appoints new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country re..
P&I cover for Iran oil shipping back to near pre-sanction level Monday The P&I reinsurance coverage will be significantly improved in IG's new fiscal
FUTURES: Crude higher despite rising US rig count
Iraq raises oil reserves estimate to 153 billion barrels: oil minister Despite the revision, Iraq remains OPEC's fourth largest reserves holder, after Venezuela, Saudi Arabia and Iran
ANALYSIS: Asian buying of Atlantic Basin crudes spikes on aligning factors - Narrow Brent/Dubai EFS increases attractiveness of Brent-related crudes - Freight rates soften on key routes - Chinese buying up, increased teapot refinery demand
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