Demise charters for better for worse: Ocean Victory The Supreme Court judgment on May 10 2017 in Gard Marine and Energy Ltd v China National Chartering Co Ltd [2017] UKSC 35 provided one expected answer, one surprise and one brainteaser
Japan wants efficiency-based CO2 reduction targets Shipping can achieve a 40% CO2 emission reduction by 2030, claims Japan
Reinvention required for shipping's future Shipping needs to become "more sexy" to attract and retain workers from the Millennial generation
Shandong Shipping mulls VLCC acquisitions Chinese company is now looking to secure cargoes from teapot refineries and overseas oil firms
Pyxis in the red but eyeing acquisitions Choppy market does not preclude growth for the six-strong product tanker fleet
CMA CGM bucks trend with $86m profit in first quarter Updated: Integration of APL boosts throughput as Singapore-based division makes first profit since 2011
Maritime UK takes a rare trip up north Mersey Maritime plays host as special guests convene in Liverpool
Maersk to offer unique cold-chain transparency Container line targeting 'premium perishables' and pharma customers that need greater visibility on shipment status
Product tanker party-pooper returns to crush gains Spikes will happen, but negative factors will shorten those spikes, forecasts Maersk Tankers boss
Coping with consolidation Talk at Global Liner Shipping in Hamburg this week centred on threats, but even in the shadow of Rickmers' troubles there was hope
CNN's Jim Clancy to host Lloyd's List Americas Awards Awards recognising the best in shipping in North, South and Central America to be announced at a gala evening in New York City
Awilco LNG unveils refinancing plan Deal will include a share placement and bareboat charter extensions with key creditor Teekay LNG Partners
Wilhelmsen to swap launch boats for delivery drones A delivery run made by a drone may cost just $150, compared with $1,500, on average, for a launch.
Ocean Rig ready to push ahead with restructuring plan Group increased incentives to be paid to group of noteholders who had opposed the plan
Safe Bulkers chief speaks out on converted VLOCs Polys Hajioannou says older VLOCs converted from VLCCs 'should not have been in the market in the first place'.
Pyxis Tankers pushes back loan as it dips to quarterly loss Chief executive Valentios Valentis says chartering activity should be choppy for most of 2017, but could improve toward the end.
KNOT Offshore targeting tanker buy after $40m fundraiser John Costain-led shuttle tanker specialist gearing up for another dropdown from its parent in the second half.
Rickmers will file if it loses bondholder vote German owner warns it will be liquidated if refinancing plan is rejected on 1 June.
U-Ming reduces first quarter loss Taiwanese bulker owner boosted by increased revenue.
CMA CGM capitalises on APL takeover French giant turns a profit in the first quarter as Singaporean addition posts first positive result since 2011.
Awilco LNG seals $57m restructuring with Teekay Owner to extend charter of LNG carriers while selling new shares.
KHI aims to cut 20% of workforce Japanese shipbuilder to close one of two docks in Sakaide.
Dynagas LNG closes on $480m loan Greek LNG carrier owner secures facility that will help fully repay its indebtedness.
RMT hands another $4.7m to banks Prepayment of loans aims to save money for trust as it winds up.
Shipmanagement giant looks to aviation for digital assistance Merging Columbia Shipmanagement and Marlow Navigation have looked to draw on aviation industry digital expertise by signing a new partnership deal with Lufthansa Industry Solutions. Columbia president Mark O'Neil says the project aims to create a "truly transformational digital environment" that will allow customers to be fully integrated in vessel operations. Columbia and Marlow will work with
Polaris denies talk Vale is turning away conversions Speculation Vale no longer using VLOC conversions is described as "big rumour"
Tanker and bulker targeted by robbers Thieves board vessels in Venezuela and Indonesia in latest incidents.
Fincantieri paying $88.6m for STX France Italian shipbuilder inks deal to acquire a 66.66% stake in French rival.
Pacific Radiance seals $61m in state aid Singapore offshore vessel operator secures government help, but analysts question whether it is enough.
PSV fights off pirate attack Crew musters to prevent raid from speed boat off Indonesia.
Ocean Yield extends Ezra OSV deal Norwegian owner adds three months plus options to charter to bankrupt company.
Safe Bulkers slashes loss in first quarter Improved dry cargo market conditions help Greek shipowner to reduce the red ink.
Evangelos Marinakis buys Nottingham Forest Greek shipowner set to reduce prices for season tickets for next season to win over fans.
WSS to use drones for ship deliveries Wilhelmsen Ships Service (WSS) is launching a pilot program to study the use of unmanned aircraft systems, otherwise known as "drones," for...
Uber takes aim at trucking Famed ride-sharing service Uber has launched a new application aimed directly at the trucking industry. Dubbed "Uber Freight," the new app...
CMA CGM rights the ship in Q1 French ocean carrier CMA CGM Group reported a net incomeof $86 million for the first quarter of 2017, compared to a loss of $100 million fo...
Yusen launches dedicated pharma gateway in Frankfurt Global third-party provider Yusen Logistics has launched a new dedicated pharmaceutical cargo gateway in Frankfurt, Germany. The new offer...
Senate Commerce Committee approves MARAD, Coast Guard funding bills The Senate Committee on Commerce, Science, and Transportation approved authorization for the U.S. Coast Guard and Maritime Administration o...
EC updates public investment rules for ports The European Commission (EC) has approved new state aid rules to facilitate public investment for job creation and growth in seaports and a...
Commerce investigates Canadian aircraft imports The Commerce Department has initiated antidumping and countervailing duty investigations into the import of 100- to 150-seat passenger plan...
Descartes Systems Group acquires ShipRush Logistics and supply chain technology firm Descartes Systems Group has acquired ShipRush, a provider of e-commerce multi-carrier parcel shi...
SCFI falls 4% The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) fell 4 percent from last Friday's reading of 865.03 to a readi...
FEATURE: Cross-border flows boom as Trump moves to renegotiate NAFTA Oil, gas trade between US, Canada, Mexico up since trade deal struck
Rotterdam-St Petersburg bunker spread narrows on contrasting demand Bunker fuel prices at St. Petersburg are catching up with Rotterdam prices as a result of weak demand in Rotterdam.
NWE front-month ULSD cargoes hit eight-month high This has been put down to Latin American strength which has pulled barrels from the US Gulf which could otherwise supply Europe.
Istanbul bunker market sees tight barge availability: sources Some suppliers are worse affected than others.
External: Wired Bunkering
FUTURES: Crude remains higher amid lack of fresh market drivers
FACTBOX: Comparison of IEA, EIA, OPEC oil market forecasts
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