BIMCO expects profitable 2018 for dry bulk owners But persisting weak levels of vessel demolition could delay benefits of strong demand
Delo buys 31% stake in Global Ports Investments Sergey Shishkarev vehicle Delo buys stake from Transportation Investments Holding, subject to regulatory approval
A festive tax gift for the Jones Act industries and US executives First major US tax-overhaul in 30 years brings tax relief for Jones Act industries and US shipping executives
OECD starts talks on new shipbuilding competition regime Participation of China seen as essential by some WP6 members
Daily Briefing SCORPIO Tankers could wait until after the 2020 sulphur cap comes into force to decide whether it will install scrubbers...
PSA's BMCT inks pact for dedicated container rail service Pact to optimise use of container trains headed to the hinterland regions of North and West India
Clean energy mix to curb carbon emissions by 2050 Long term outlook sees new energy-efficient vessels, slow steaming and shift to alternative fuels, though oil-based distillates will still make...
Tufton Oceanic raises $91m with London listing Proceeds from IPO earmarked for portfolio of secondhand tonnage, company says
MSC's super-sized containership orders face financing challenge in China Geneva-based line is still looking for lenders to back the $1.5bn newbuilding programme
SM Lines considering partnerships to expand trades to US South Korean company exploring various options such as joint services with compatriot shipping lines as well as overseas firms
US west coast ports lose trade share in strong market Asia-North American container volumes buoyant but freight rates remain under pressure
Cosco Shipping Specialised Carriers exercises option for one pulp carrier Vessel backed by five-year contract of affreightment from Suzano
Anglo American joins Chinsay's charter party management platform Deal aims to improve Anglo American's work flow, collaboration and productivity around charter party agreements
UK union seeks EU recognition of seafarers' certificates post-Brexit Nautilus International fears UK seafarers' qualifications may not be recognised by EU member states after Brexit
Cosco Shipping Energy Transportation embarks on share option scheme Company aims to incentivise management and improve performance through the scheme
ABS to class LNG bunker barge for Q-LNG Vessel scheduled to start construction early next year
Ocean Alliance unveils new Day Two Product offering Expanded US east coast services will start in April and include 340 boxships with carrying capacity of approx. 3.6m teu...
Exmar confirms VLGC order backed by long-term Statoil charter Nicolas Saverys-led company books pair of newbuildings after winning tender.
US wants 10 ships blacklisted over N Korea Chinese and Korean-owned vessels have allegedly been evading sanctions.
High-yield bond market hits new heights in 2017 Shipping companies have raised $6.3bn in 2017, according to Clarksons Platou Securities.
Diana Shipping capesize catches rising tide US-listed owner secures a pay-rise for one of its larger bulk carriers.
ITIC warns over people-smuggling scam Insurer says ship agents being used as cover for illegal traffickers.
Greeks and newcomers share sale and purchase spoils Hellenic owners still keen on buying tankers and bulkers but headline moves came from new ventures.
Marco Polo gets restructuring nod in Indonesia Court and creditors agree to refinancing of Marcopolo Shipyard.
Delo buys $108m slice of Global Ports Russian group snaps up shares of London-listed group from N-Trans.
2020 Bulkers adds to newcastlemax tally Tor Olav Troim's fledgling shipowning venture has increased its newbuilding orderbook.
Pirates kidnap 10 crew from Technomar bulker Greek owner working to release seafarers seized from vessel off Nigeria.
Odfjell Drilling extends Statoil charter Oslo owner's Deepsea Bergen kept on for two more wells.
Cosco declares option for pulp carrier Specialized Carrier unit adds third bulker at Cosco Dalian.
SM Line starting run with HMM Korean lines cooperating on US east and west coast services.
Essar targets bulker buys for steel deal Indian owner wants new or chartered ships to carry Essar Steel cargoes.
MPCC snaps up Greek boxships Oslo-listed owner raids Cosmoship to bring its fleet to 41 vessels.
Corroded cargoship banned by Paris MOU Ukrainian vessel barred for three months after failing safety check in Russia.
Ocean Alliance moves to next phase with 340 ships CMA CGM, CoscoCS, Evergreen and OOCL reveal "Day Two Product": fewer vessels, but more capacity.
TGS, Schlumberger reveal new survey work Companies will acquire data from 10,000 sq km project off Egypt.
Meercat emerges from Burgess Marine ashes UK workboat specialist committed to growing the firm globally with the help of new private investor.
Tufton Oceanic Assets shares to start trading UK-based fund manager comes up slightly short of target in London initial public offering.
Wilson Sons ties up PSV trio to Petrobras However, Brazilian operator remains elusive about terms secured for charters from oil major.
FedEx Q2 FY2018 earnings rise 11.7% FedEx Corp. saw earnings of $2.84 per diluted share ($3.18 per diluted share on an adjusted basis) for its second quarter ended Nov. 30, co...
Commerce outlines duties for polyester staple fiber imports The Commerce Department on Tuesday announced preliminary antidumping duties for imports of fine denier polyester staple fiber from China, I...
APM Terminals, ASPA invest in Port of Mobile The Alabama State Port Authority (ASPA) and APM Terminals have approved a $49.5 million expansion of the container facility at the Port of ...
PMSA: USWC container ports saw combined 0.6% growth in October The five major U.S. West Coast container ports - those in Los Angeles, Long Beach, Oakland, Tacoma, and Seattle - collectively handled 5,31...
NWSA YTD container volumes up 2% despite November decline The combined year-to-date container volumes for the ports of Seattle and Tacoma through November are up 2 percent compared to the same 11-m...
FMC reveals witness lineup for port practices hearing The U.S. Federal Maritime Commission on Wednesday published a notice identifying 26 individuals scheduled to testify as witnesses on one of...
ATA: Truck tonnage index rises again in November Domestic truck tonnage rose again in November 2017, up 2.3 percent compare with the same month a year ago, following a 3.9 percent year-ove...
OCEAN Alliance announces new 'Day Two Product' to commence April 2018 French carrier CMA CGM, a member of the OCEAN Alliance along with subsidiary line APL, COSCO, OOCL, and Evergreen Line, has announced the l...
Barge congestion continues in Rotterdam, Antwerp Continued congestion at the ports of Antwerp and Rotterdam have caused delays of up to 96 hours, according to intermodal operator Contargo....
Jefferies raises 2018 oil price forecasts on strong Chinese demand US investment bank Jefferies has raised its oil price forecasts for 2018, citing expectations of an undersupplied market due to strong Chinese demand growth and the potential for a lower-than-expected pace of recovery from US shale output.
Saudi 2018 budget likely based on 10.1 mil b/d crude output, average $58/b price: report Saudi Arabia's record $260 billion budget for 2018, unveiled by King Salman al-Saud Tuesday, is in line with an average crude oil export price of $58/b and production of 10.1 million b/d over the year, Riyadh-based Jadwa Investments analysts said in a research note Wednesday.
Riyadh-only listing for Saudi Aramco still being considered: minister The long-mooted public listing of state oil giant Saudi Aramco is on track for some time in 2018 as the Saudi government continues to weigh its options for where to float the shares, finance minister Mohammed al-Jadaan said Wednesday.
Foes of oil, gas drilling in Alaska's ANWR prep legislative, court battle Congressional Democrats and environmentalists are preparing for a legislative and legal fight against oil and natural gas drilling in Alaska.
Crude futures have muted response to mixed EIA inventory data Prompt NYMEX crude rose Wednesday after US Energy Information Administration data showed continued declines in crude inventories, but the upside was limited by builds in product stocks.
Total Marine Fuels expects bunker sales growth to hit nearly 10% in 2017 TMFGS is also "evaluating some interesting opportunities [to grow] elsewhere", Jouny said.
External: Wired Bunkering
Total Marine Fuels gears up for IMO 2020 rule, eyes LNG bunker fuel growth "We want to be a major player in the LNG bunker market," Jouny said.
Dawn of LPG bunkering set in Japan as IMO mandate inches closer Upcoming environmental rules in shipping are prompting a look at alternatives such as LPG.
FUTURES: Crude stable to higher on Forties repair, US crude draw
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