Diego Aponte confirms 22,000 teu ship order Update: MSC ends newbuilding drought with an order for 11 mega boxships placed with DSME that could be worth in...
Last word: Columbus and the coffee machine Shipping's mediaeval moment
Daily Briefing CMA CGM mulls scrubbers versus LNG for 22,000 teu newbuilds
Aframax freight rates get a boost on Asia and Europe oil routes Earnings on the benchmark TD14 route from southeast Asia to the east coast of Australia rose to $10,000 per day
Fujairah service business to take on established Gulf region competitors Company plans to use artificial intelligence, blockchain and data analytics to help clients optimise voyage management and supply chain efficiency
Korean yards knocked by Chinese price in Vale's newbuild project CSIC subsidiary yard is said to be offering to build VLOCS at less than $70m apiece.
Grains bolster panamax bulker earnings Average earnings reach five-month high with sentiment continuing positive amid increased cargo flows in both basins
Robert Uggla says strategy unchanged for Maersk Tankers under new ownership and dedicated board In an exclusive interview, the head of AP Moller Holding says the sale of Maersk Tankers by the Danish conglomerate...
Tanker markets may not recover until 2019-2020 Scrapping levels are key to balancing the market but too few ships are being recycled
HSH Nordbank likely to keep core shipping portfolio even after any sale Shipping assets are the bank's most profitable business, but still high risk, says Nordbank's Nieswandt
Yangtze River Delta ports to be shut for 18 days as China's national congress meets Shipping market will return to life once the holidays end
AP Moller Holding buys Maersk Tankers for $1.2bn Company to establish separate consortium with Mitsui & Co and other partners to jointly own Maersk Tankers
Japan's Imabari completes $360m new dry dock Imabari president Yukito Higaki expressed concerns over unfair competition from Korean and Chinese yards
CMA CGM 22,000 teu newbuilds worth $1.5bn, says ship designer The bidding process started in April with CSSC finally clinching the order over five Japanese and Korean builders
LNG could be cheaper than other compliant fuels by 2020, says WinGD While LNG is the choice for newbuilds to meet sulphur cap,scrubbers are being considered for retrofits
Ocean Rig announces 1-for-9,200 reverse stock split Move to help company support its share price
Profitable marine insurance? That's so last century Sooner or later, these guys are going to have to make some money
Teekay's Brookfield deal targeted in lawsuit Hedge fund alleges that offshore partnership defrauded it in transaction involving preferred shares.
Geden seeks $7m of Glencore's cash Affiliate of Turkish shipowner files US petition to receive moneys awarded in London arbitration court.
Damen Shipyard plans expansion in Black Sea Netherlands-based shipyard adds new service hub as its built fleet grows in the region
Dorian and ABS team up in LPG bunker test Owner of second-largest VLGC fleet will test viability of LPG alongside class society.
Car carrier banned by Paris MOU City of Antwerp skipped agreed call at Turkish repair yard.
Kraljevica yard back in the game Reborn Croatian shipbuilder is constructing a passengership for Rapska Plovidba.
Wilh Wilhelmsen takes control of NorSea Norwegian group builds stake in offshore supply company in $70m deal.
Turkey plots trebling of yard capacity Transport ministry wants to muscle in on LNG and LPG carrier sectors.
Songa Bulk makes it 15 with latest buy Oslo-listed owner has now spent $280m on bulkers following Rizzo raid.
Fujairah agency firm going virtual Shipping services company aims for regional dominance with all-encompassing system
White knight rides to Swissco's rescue Judicial managers receive $28.5m offer for Singapore owner's OSV business.
Tanker grounds after collision with bulker Listing German Tanker Shipping vessel stuck off Antwerp after incident involving Harvester ship.
Fujian Mawei secures floatel order Chinese shipbuilder signs deal with Fuchuan Investment for accommodation vessel.
Moller family takes Maersk Tankers private for $1.17bn A new ownership consortium with Mitsui & Co will manage the vast fleet of the 89-year-old company.
Berge Bulk chief dubious on long-term capesize prospects James Marshall says dry-bulk recovery is not strong enough to justify the ordering of new ships.
DSME's $1bn jack-up deal with Iran fails Korean yard says MOU for five rig units with IOOC has expired.
CMA CGM confirms CSSC yards for mega-ships Hudong-Zhongua and SWS sign contracts for French owner's nine 22,000-teu giants.
Teekay remembers Nagasaki Spirit Tanker owner pays tribute to those who perished in collision in the Malacca Strait in 1992.
Goulandris bulker done for speeding Greek-flagged panamax ship latest to be caught out, but it has 30 days to appeal
Tsuneishi establishes Shanghai office Japan shipbuilder looks to get closer to Chinese owners as its Chinese yard sets solar power record.
PIL reaffirms its independence Managing director SS Teo quashes rumours that the company is for sale.
Turkish navy aids injured Greek sailor Naval vessel transfers crew member from Angelicoussis suezmax to hospital in Oman.
Fincantieri hoovers up more Vard shares Italian shipbuilder continues to absorb shares via market transactions taking stake to over 79%.
US DATA: EIA says residual fuel oil stocks up on production increase US fuel oil stocks ended the week at 37.06 million barrels, a build of 1.018 million barrels from the previous week.
Some ports, refineries may join French general strike on Thursday Some French ports and refineries are likely to join a general strike on Thursday called by the CGT labor union against changes to labor law.
Caribbean, USGC hurricanes could result in USGC fuel oil glut: sources An active hurricane season this summer in the Caribbean region has put strain on fuel oil storage and interrupted normal flows, which could result in an influx of supply headed to the US Gulf Coast.
External: Wired Bunkering
Iranian president urges Japanese PM to boost oil, gas investments in Iran Abe noted that he will support Japanese companies' activities to expand bilateral economic relations, MOFA said.
FUTURES: Crude higher as Iraq indicates possible OPEC cut extension
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