P&I Clubs: Eminent Victorians look to Brexit exodus Today could mark the beginning of the end of UK dominance of the niche
Daily Briefing THE million-dollar question for the crude tanker industry, quite literally, is whether earnings will start to recover next year
Armed robbers board tanker off Colombia Robbers stole property and escaped after being found by crew
Navig8 Chemical Tankers continues to suffer losses Company continues to expect favourable market conditions despite more losses
North P&I gets Dublin subsidiary to skirt Barnier passporting ban Some underwriting will shift to Irish capital, club reveals
Product tankers: Bulls are arriving... hopefully Long-awaited recovery may be realised finally as stock drawdown continues and fleet growth slows
Panamaxes lead BDI lower Handysizes fall the least, partly supported by grain shipments from the Black Sea
CSSC unit plans $830m injection as Beijing demands cuts to public sector debt The move follows CSIC's $3.3bn debt-to-equity swap launched in August
Star Bulk shrinks net losses as market improves Absence of impairments and losses on vessel disposals also helped the third-quarter results
Beijing's cut in port box handling tariffs threatens Shanghai's credit status But Moody's maintains SIPG ratings outlook at stable
Follow the Money European shipowners could relocate to Asia as finance moves east Industry leaders warn that Europe's maritime clusters will be weakened by the loss of ship finance business to China and...
Lack of regulation holding back development of unmanned vessels Industry executives surveyed by Clyde & Co raised concerns over cyber security threats and collisions related to autonomous vessels
Teekay Tankers-TIL merger set to close by end-November Shareholders of both companies have approved the deal
Diana Containerships narrows losses on lack of impairments Time charter revenues decreased after the sale of two vessels including the Doukato in June this year
Verhoeven and Yildirim see port alliances as next step Mergers, takeovers and vessel-sharing agreements are giving container lines huge bargaining power, which is pressuring ports and terminals as they fight...
Are EU consortia rules fit for purpose in the era of global alliances? Lawyers, carriers and shippers prepare their arguments ahead of Brussels' review of the existing regulatory regime that ends in 2020...
EU Navfor captures suspected pirates after attacks on two vessels off Somalia Rocket grenades fired at 52,000-tonne containership
US trade group seeks more LNG exports Trade group aims to connect buyers and financial sponsors with US-based projects.
Royal Caribbean looks to issue debt Senior notes will be used primarily to repay loan due next year.
Ineos to take one Evergas VLEC newbuild UK-based chemical firm signs long-term agreement to back new ethane carrier, but fate of second carrier unclear.
Trafigura confirms plans for second FSRU Announcement comes as the global energy trader kicks off operations of Port Qasim FSRU in Pakistan.
Analyst optimistic on Genco, dry-bulk market Evercore ISI analyst Jon Chappell forecasts fleet expansion, upturn for owner.
Navig8 Chemical Tankers posts loss Increase in vessel operating days not an offset to declines in daily earnings, but market expected to tighten.
Beximco eyes more after buying LPG carrier Bangladesh owner doubles gas fleet and plans to add two more ships.
Paris MOU bans cargoship for a year Multiple detentions mean Ukrainian ship barred for longer period.
Golden Ocean tipped for 'token dividend' Danske Bank believes payout could arrive with third quarter report tomorrow.
Deutsche Bank linked to $250m loan sale German lender reportedly packaging distressed debt for disposal.
Cosco Shipping Energy logs $470m order at Dalian Shipbuilding Swoop will see Chinese giant upgrade both its VLCC and suezmax fleets.
Ezion cleared to amend $468m of bonds Singapore OSV owner "humbled" as investors back restructuring.
Putin plans to nationalise Arctic shipping Coastal route to be protected to boost domestic tanker and LNGC owners.
Star Bulk Carriers confirms capesize buy Petros Pappas-fronted company announces purchase of 2004-built bulker.
Briggs Marine secures six-year subsea deal Scottish operator to work with SSEN on cable project.
Berenberg buys $300m loans from Commerzbank German lender teams up with US fund to raid compatriot's ship finance portfolio.
Seven injured as freak wave hits ferry Hurtigruten ship battered by storm off Norway.
Mixed fortunes for tankers ahead of OPEC meeting IEA cuts deliver lowlight of last week, while rising MR rates pointing to better times for products.
Liberian Registry claims big legal win for shipping Brazilian FPSO case removes uncertainty over enforceability of mortgages.
Bulk carrier orders show near four-fold rise, says Clarksons Tanker contracting also on the up following lackluster 2016 for yards.
Fearnleys not on Fredriksen group blacklist Reports suggesting shipowner had blacklisted Norwegian service provider dismisses.
Siem Offshore tries for further refinancing in downturn Kristian Siem-backed owner also in talks to sell six-ship cable-laying business.
Torang Darya looks to expand in Qatar Iran's biggest private owner sees exports increasing due to Saudi boycott.
Shinhan Financial sees loan loss drop 82% Korean lender boosted by fewer provisions relating to shipyards and shipowners.
National Bank of Greece forces bulker sale Bombay high court orders auction of Theoxenia Shipping vessel.
Standard warns over Venezuelan inspection scam P&I club says some divers are extorting money from owners with threat of ship being detained.
Star Bulk Carriers slashes third quarter loss Petros Pappas-led bulker owner says it has taken advantage of tightening market to fix 15 vessels.
EU NAVFOR detains suspected Somali pirates EU naval mission off Horn of Africa springs into action following boxship grenade attack.
Malaysian High Court approves Nam Cheong rescue Offshore support vessel shipbuilder reaches another milestone on road to recovery.
U.S. imposes antidumping duties on tubing imports The Commerce Department will move forward with imposing antidumping duties on imports of cold-drawn mechanical tubing from Germany, China, ...
Becker Logistics acquires Savage's freight brokerage subsidiary Becker Logistics LLC has acquired Savage Logistics, the freight brokerage business of Savage Companies, on Nov. 1. Savage Logistics offers...
Dead body found aboard MOL chemical tanker in San Francisco Bay An investigation is ongoing in a case where a man was found dead onboard an MOL chemical tanker that was moored at a ConocoPhillips facilit...
DHL Express to hike rates in 2018 DHL Express will implement a 4.9 percent general average price increase for U.S. account holders starting January 2018, they announced on F...
Mexico's Q3 container imports rise amid drop in exports Total Mexican container imports for the third quarter of 2017 increased 14 percent from a year prior thanks to a boost in electronics, auto...
Asia-West Africa trade recovering in 2017 The Asia to West Africa trade is currently served by nine fully cellular container services that collectively deploy 101 vessels, according ...
Dandong Port defaults on $150.7m in bonds Dandong Port Group, which manages the largest Chinese port still trading with North Korea, failed to settle 1 billion yuan (U.S. $150.7 mil...
PMSA: Container traffic rises 8% at major West Coast ports in September The five major U.S. West Coast container ports - Los Angeles, Long Beach, Oakland, Tacoma, and Seattle - collectively handled 70,751 more i...
NWSA YTD container volumes rise despite October decline Container volumes at the Northwest Seaport Alliance (NWSA),the marine cargo operating partnership between the ports of Seattle and Tacoma, ...
NYMEX ULSD leads oil complex lower Monday The oil complex weakened Monday as NYMEX December ULSD fell 1.45 cents to $1.9321/gal, reversing part of Friday's increase as futures struggled to maintain upward momentum.
Novorossiisk, Tuapse ports closed by storms: port agents The Russian Black Sea ports of Novorossiisk and nearby Tuapse are closed due to high winds, but the Turkish straits remain open, port agents said Monday.
Danish court clears bunker supplier Monjasa of fraud "This strong and complete acquittal of Monjasa by the High Court is the verdict we expected," a Monjasa spokesman told S&P Global Platts.
External: Wired Bunkering
External: Marine Bunkering(Rotterdam)B.V.
Russian Rosneft to supply up to 244,200 b/d of crude to China's CEFC through 2022 - Five-year contract effective from January 1 - Cargo value based on market prices
FUTURES: Oil mixed amid lack of fresh drivers, possible supply cuts
Freight costs suppress Thai appetite for Mediterranean crude Thai refiners reluctant to buy Mediterranean crude amid costly freight
Shipping sector eyes green technology to tackle rising costs amid new rules 68% of the respondents said that differences in regional and international regulations would impede adoption of green technology.
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