Marenave ditches Daus-Petersen Departure marks victory for Mahnke in ongoing struggle with Offen
Navios Maritime net loss creeps up to $28m Earnings from vessel employment rise, but so do interest and finance costs
Diana Shipping's third-quarter results improve despite Melite impairment Rising charter rates offer cushion as Greek owner posts narrower loss
Daily Briefing North P&I heads to Dublin to skirt Barnier's Brexit passporting ban
LNG: Sweet mix of supply-demand fundamentals Spot rates set to soar on market tightness as tonne-miles increase
UK maritime lobbies set out their stalls ahead of the government's budget Industry associations' funding demands focus on crew training, infrastructure and port connectivity ahead of Brexit
Peak season port performance in Europe CargoSmart analysed the vessel arrival delays and berth times of ocean carriers at the top five European container ports
Offen and Döhle downplay debt standstill claims German shipowners dispute media reports of deal with HSH Nordbank
Preparation is the best defence to cyber threats Shipping companies will be held accountable if they do not ready themselves for the inevitable attacks on their systems
Flex LNG secures $315m flexible financing for newbuildings Fredriksen's vehicle for liquefied natural gas tankers posts mixed results for charter market plays
Baltic Dry Index to be revamped The handysize time charter average will be dropped completely from the new BDI
Update: Golden Ocean may consider dividend when it has free cash flow Chief executive says growth in global gross domestic product is positive for dry bulk trades
Trafigura to build another LNG terminal at Port Qasim Project to comprise a new jetty, berth and a second floating storage and regasification facility
Is China a boon or curse for Hong Kong's maritime arbitration aspirations? Belt and Road will provide the impetus, but Beijing has to convince the world that Hong Kong is not just another...
Cosco Shipping orders four VLCCs and three suezmaxes for $554m Deliveries are scheduled between August 2020 and March 2021
Shipowners could see operating costs grow amid higher insurance premiums Substantial losses incurred by reinsurers on natural disasters this year could push premiums on hull & machinery and P&I higher...
Korea Line third-quarter profits surge 537% Operating income soars 199% for the three months to September 30 while revenue rises 42%
Government aid to shipyards impedes environmental sustainability efforts Industry needs to be economically sustainable in order to be environmentally sustainable, says ICS
Zim pilots electronic bills of lading on China to Canada voyage System based on blockchain technology allows all participants to issue, transfer and receive original electronic documents
British Ports Association urges authorities to prioritise transport infrastructure spending Industry should also look at ramping up rail freight networks and coastal shipping, especially with Brexit looming
Star Bulk's new unit in Geneva to focus on grains charters The dry bulk owner also wants to increase exposure to the freight derivatives market
DryShips widens losses for third quarter New York-listed diversified shipowner sees higher costs compared to a year ago.
Navios Holdings closes on note refinancing Dry bulk shipowner completes one note sale and wraps up early tender on other senior notes.
BDI gains as mid-size bulkers bounce back Coal woes drag supramax and panamax rates to lows, but market may be near bottom.
Pippard to lead Heidmar London-based Teekay veteran of 25 years to replace Ognibene at helm of Connecticut-based pools power.
Carnival rebuys billions of dollars worth of shares Miami-based cruiseship owner has reacquired millions of shares through repurchase program -- and is rebuying more.
Bollore Logistics partners with e-commerce firm Deal allows customers to buy goods over the internet.
Golden Ocean chief executive opens up on dividend ideas Payout seriously in mind once remaining capex has been settled, Vartdal says.
Seaport cuts 2017 EPS outlook on TEN Spot market weakness leads to second analyst notching 2017 lower, but 2018 may not be as bad as feared.
Navios Holdings loss widens despite higher revenue Red ink is deeper than Street forecasts, though dry-bulk revenue improves from a year ago.
Diana: Watch owners not yards for next bulker order wave President says rivals and not shipbuilders will be the key influence on bulker newbuilding activity.
Ingar Skiaker falls on his sword at Hoegh Autoliners Executive moves to director's role at Leif Hoegh & Co following US settlement.
Kalashnikov takes aim at shipping Russian arms and shipyard group to build eight bulkers for grain transport.
Topaz brings seven ships out of layup Dubai OSV owner encouraged by strong tendering activity in Africa and Middle East.
Greek owners tied to purchase of modern suezmax tankers Economou and Polemis mentioned as possible buyers of Dong-A pair.
Diana Shipping cuts loss as rates rise Greek bulker owner adds more than $3,000 to daily TCE earnings.
Baltic Dry Index shake-up planned for New Year Weightings change sees index focus on capes, panamaxes and supras.
Smart shipping starts with small steps, says Martin Stopford Researcher says owners should start their digital transition by adopting simple processes that demonstrably add value.
Zim completes blockchain voyage trial Israeli line claims paperless first from China to Canada.
Crew rescued from stricken bulker Turkish helicopter takes crew from drifting Russian vessel.
De Hoop scoops Celebrity order Dutch yard to build Galapagos cruiseship for RCCL company.
Star Bulk looks for 'close to zero debt' before dividend Bulker owner wants to pay out throughout the cycles in future and is coy on expansion for now.
WWL offloads Australian business Car carrier group sells stake in inland transport service to Prixcar.
Pappas seeks data from the dark side after losing crystal ball Star Bulk chief sheds more light on logistics move and notes interesting twist to orderbook.
Fesco pays $552m to noteholders Russian owner completes bond restructuring using VTB loan.
Golden Ocean back in black as bulker recovery unfolds Shipowner logs small third quarter profit but speculation around dividend unfounded.
Commerzbank cuts loan-loss provision to $198m German lender stepping up shipping portfolio reduction.
Odfjell Drilling clinches Aker BP alliance Drillship company to carry out work off Norway for up to 10 years.
Flex LNG fixes $315m of newbuild finance Fredriksen-backed company secures cash for DSME and Samsung ships as it redelivers two chartered-in LNG carriers.
Evergreen ship was targeted by pirates Taiwanese-owned boxship named as vessel subjected to rocket propelled grenades.
Wagenborg seals Shell walk-to-work charter Dutch owner says vessel will undergo 16 week conversion in advance of early 2018 start date.
USDOT: Major challenges for 2018 include cybersecurity, highway and rail safety The U.S. Department of Transportation (USDOT) says that various safety issues, including those in surface transportation infrastructure, hi...
British ship insurer preparing for Brexit fallout British ship insurer NorthProtection and Indemnity (P&I) Club is preparing for post-Brexit fallout by setting up a new European Union (...
Damco completes first block train service from China to Europe Damco, the third-party logistics subsidiary of Danish shipping conglomerate A.P. Moller - Maersk, has completed its first block train servi...
Smart container provider SecureSystem opening U.S. subsidiary German smart shipping container solutions provider SecureSystem GmbH has launched an Arlington, Va.-based U.S. subsidiary, SecureSystem U.S...
Cass Truckload Linehaul Index hits record high Linehaul truckload shipping costs in October increased 5.5 percent year-over-year, according to the Cass Truckload Linehaul Index. This is...
Executive Moves: Höegh Autoliners and RSI Source: Pressmaster/Shutterstock Höegh Autoliners names chief executive officer, and the Railway Supply Institute appoints president. Norwe...
Alibaba takes $2.9b stake in Sun Art Chinese e-commerce giant Alibaba Group Holding Ltd. will invest $22.4 billion Hong Kong (U.S. $2.9 billion) to obtain a 36.16 percent stake...
Hapag-Lloyd orders 3,700 reefer containers from MCI German ocean carrier Hapag-Lloyd is investing in 1,000 low-carbon refrigerant containers as part of a 3,700-unit order of Star Cool Integra...
New CBP processing fees kick in Jan. 1 U.S. Customs and Border Protection (CBP) will implement various cargo processing fee increases for importers and carriers, effective Jan. 1...
Key OPEC players back extension of production cut deal to the end of 2018: Zanganeh The clamor to extend OPEC and non-OPEC production cuts for nine months beyond March 2018 is growing louder, with Iranian Oil Minister Bijan Zanganeh saying that the "main players" are lining up behind an extension.
Plastics to bunkers - Recycling Technologies eyes new frontier for marine fuel Transforming discarded plastics into bunker fuel could revolutionize marine fuel supply, according to UK-based waste management and engineering company Recycling Technologies.
ICE Brent/WTI spread declines further as Keystone Pipeline remains shut The ICE Brent/WTI spread narrowed 6 cents to $5.74/b Tuesday, the smallest in nearly a month, as the closure of the Keystone Pipeline continued to squeeze that differential.
TRADER NOTE: Maxcom Bunker appoints new managing director after smuggling allegations Italian marine fuel trader Maxcom Bunker has appointed a new managing director after its former CEO was arrested in connection with a gasoil smuggling operation.
Iraq's AISSOT makes first loading of crude oil from Basrah Milestone comes two months after launching physical bunker supply in Iraq.
Ship operators bullish for Supramax freight in Northwest Europe Supramax freight rates in the UK Continent and Baltic are expected to tick higher in coming weeks, ship operator sources said, after scrap charterers were seen Monday circulating cargo requirements for mid-December dates.
TRADER NOTE: Bunker trader Trefoil hires Davy van den Tempel
External: Wired Bunkering
TRADER NOTE: Former Universal Energy bunker trader joins Peninsula Petroleum Hon was previously at Australia Bunkering.
CLARIFICATION NOTE: Singapore, Mideast Gasoil strip, cash differentials to reflect 500 ppm till year-end
US presses China to cut off oil supplies to North Korea Trump said Monday that the US will designate North Korea as a state sponsor of terrorism.
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