VLCC summer slowdown starts early Get ready for a long, hot summer - how low can you go?
Grimaldi eyes expansion with HSW still in its sights Owner warns of ro-ro and ro-pax fragmentation, car carrier overcapacity
Further consolidation to hit terminals and niche carriers Carrier moves to efficiency will see transhipment reduced
Back Rickmers survival plan for 40% payback, bondholders told Failure to take terms will mean virtual wipeout, warns Rickmers' law firm
Have VLCC values finally found a floor? Signals indicate that the tide may be turning for asset values for the biggest crude tankers
John Lloyd to head up Nautical Institute Former seafarer and marine pilot takes over as chief executive as Philip Wake retires
Monsoons and Ramadan to drag down handysize bulker earnings Weighted time charter average hits a two-month low on limited cargo
Trade ties boost intra-Asia box volumes Regional containers surge in first quarter but rates remain stubbornly low
MPC Container Ships buys seven vessels for $38m Norway OTC-listed company plans to acquire six more boxships
Big names back Shipamax dry bulk cloud system Investment worth $2.5m to build data-driven dry bulk platform
Jinhui cautious about dry bulk market recovery Chairman remains wary despite seeing a 54% jump in revenue over last year's first quarter
GulfNav net profit rises 39% on write-backs of provisions Management aims wipe out legacy accumulated losses
Hafnia Tankers to buy back up to $10m in shares Share prices set in the $5.50-$6.50 range
JES to pay off key stakeholder debt via share issue Company unable to generate cash as its Chinese shipyards are undergoing restructuring
Marco Polo Marine shipyard unit applies for court-led debt restructuring Indonesia-based unit given 45 days from May 18 to submit a plan to be approved by creditors
Marshall Islands inspecting 12 VLOCs after Stellar Daisy loss Flag state carrying out precautionary checks of all bulker giants converted from VLCCs.
Navios Partners focuses on bulker buys While some signals had pointed to a containership interest, Angeliki Frangou has eyes on dry-bulk growth.
ADM boosts Santos grain exports Panamax-capable port now has a second ship loading line and new unloading facilities.
Stifel:'long second half' ahead for tanker owners Opec and non-Opec producers plan this week to renew crude export cuts.
Songa Bulk steps up to Oslo Axess Arne Blystad-backed asset play vehicle takes another step towards full listing in Norwegian capital.
State of the Arc: Yamal's icebreaking LNG carriers Lucy Hine reports from onboard as the world's most advanced LNG carrier makes its maiden call on the Yamal Peninsula
El Faro: Countdown to catastrophe The sinking of the 40-year-old conro sparked the most detailed US casualty investigation in recent memory. Ahead of the release of the official reports, Eric Martin, who sat through the hearings and talked to the relatives of the crew, reveals the disturbing story of the doomed ship's last hours
'Never again': El Faro families say crew died unnecessarily Terry Davis, the widow of able-bodied seaman (AB) Brookie Davis, took time off work to listen to every arduous hour of the Coast Guard's three rounds of investigative hearings into El Faro's sinking. "We, the people left behind, can't do a thing to change what's already happened," she said outside the Jacksonville convention centre where the hearings were held. "What we do have to do is keep it i
BBC launches US Gulf run German project cargo line targeting business from Hamburg.
Norden reshapes dry cargo department Reshuffle comes six months after the arrival of new divisional chief Christian Christensen.
Cocaine found in bulker's engine room No suggestion of crew involvement as Colombian police raid Nord Manzanillo.
Carnival hit with lawsuit over alleged sexual assault Crew member working for cruise giant allegedly attacked woman on Carnival Victory.
Big-spender Navios 'ready to thrive' Angeliki Frangou-led company sees red in the first quarter but says it is well-positioned for market recovery.
Diana Containerships loss widens Greek boxship owner sees deeper red in the first quarter as revenue tumbles.
Normand Reach gets a spring clean Gibdock preparing Solstad ship for Australian biofouling guidelines.
Svitzer seals major contract in Morocco Synergies of Transport & Logistics division of Maersk Group highlighted in this "several hundred million deal".
Lloyd appointed as Nautical Institute CEO London-headquartered organization replaces outgoing Philip Wake.
Clarksons: Shipping OPEX hits $100bn Research chief says simply going on a diet may not be enough to trim spending.
Seaport: 27 capes would be needed to plug VLOC gap Any block by Vale on converted bulkers would have 'significant' market impact.
Five dead in ro-pax fire Indonesian authorities rescue 192 people from blazing ferry off Masalembu.
Digital heavyweights back new bulk platform Yahoo and PayPal magnates supporting commodity start-up Shipamax.
Rickmers bondholders could make "high value" recovery Company's bond representative says restructuring plan is only realistic way forward.
India Steamship fleet committed again Long-awaited shipowning exit is drawing nearer with a new Greek name in the frame for fleet.
CMA CGM back to black in first quarter French giant turns a profit as latest addition APL also posts first positive result since 2011.
Tallink handing out nearly half its profit Estonian ferry group ready to pay $22m in dividends for 2016.
MPC Container Ships reveals 13-vessel buying spree Oslo-based start-up spends $38m on seven boxships and agrees deals for six more.
SHI confirms $100m order for LNG carriers South Korean shipbuilder boosts its orderbook for 2017 to around $2.3bn with latest Kogas deal.
Seanergy Maritime strikes again on capesize front US-listed owner picks up second-hand capesize from German administrators.
Russia targets June IPO for SCF Part of state shipowner could be sold to small investors, sources claim.
Hafnia Tankers lines up $10m buyback Oslo OTC quoted owner wins approval for repurchase of its own stock.
New online platform targets more S&P transparency VT Group's Hugo Sassen creates Shipboot and provides cyber room where brokers and owners can check tonnage availability.
Caspian Shipping buys Russian barge Azeri owner snaps up motor hopper from GidroTrans.
Marco Polo yard files for debt freeze Indonesian subsidiary wants to halt repayments in downturn.
Pacific Radiance expands Middle East footprint Singapore-listed offshore vessel operator teams up with Allianze Offshore in new venture.
Jinhui just misses out on first quarter profit Oslo-listed shipowner points to brighter times, but warns about unpredictability of recovery.
Gulf Navigation makes strong start to 2017 Dubai-based tanker owner says it has made a "significant improvement" in its performance.
Vallianz posts $208m first quarter loss Singapore-listed offshore vessel operator said this series of non-cash impairments.
GoodBulk starts public life in the red Shipowner also enters into $60m credit facility with ABN AMRO to help finance acquisition of its fleet.
Port of Baltimore ups cargo volumes in Q1 The Port of Baltimore handled 2.56 million tons of general cargo during the first quarter of 2017, up 5 percent year-over-year and a record...
DOT makes senior staff appointments The U.S. Department of Transportation has concluded a round of senior staff appointments. These appointments include: * Anthony Bedell, ...
Executive Moves: WFS and CAGTC Source: Pressmaster/Shutterstock Worldwide Flight Services has announced several corporate appointments, while the Coalition for America's G...
FMC reviews 4 OTI license applications The U.S. Federal Maritime Commission (FMC) has received four ocean transportation intermediary (OTI) license applications and changes for r...
JD.com has sights set on drones China's largest retailer, JD.com, reached an agreement with the provincial government of Shaanxi to build the country's largest low-altitud...
World Trade Bridge at Laredo closed U.S. Customs and Border Protection has temporarily closed border-crossing operations at the World Trade Bridge at Laredo, Texas, due to sev...
Cathay Pacific cuts 600 jobs, restructures cargo division management Cathay Pacific is cutting 600 jobs at its head office in Hong Kong, affecting senior, middle management and non-managerial roles, the airli...
Senators reintroduce legislation to boost U.S. infrastructure U.S. Sens. Roy Blunt, R-Mo., and Mark Warner, D-Va., reintroduced legislation last Wednesday to improve the nation's infrastructure, dubbed...
Senate fails to authorize FMC supply chain portal During a mark-up of a bill to authorize funds for the Federal Maritime Commission (FMC), the U.S. Senate Committee on Commerce, Science ...
US LNG cargo sets sail for Dutch Gate terminal, first delivery to NWE The Arctic Discoverer set sail Sunday from the Sabine Pass LNG export plant in the Gulf of Mexico and is expected into Gate on June 7.
Peruvian refiners PetroPeru, Repsol to take first cargo of ANS crude The ship is currently offshore the Baja, California peninsula, according to cFlow, Platts trade flow software.
Oil complex rises as OPEC meeting, dollar weakness lend support NYMEX June crude settled 40 cents higher at $50.73/b. ICE July Brent settled 26 cents higher at $53.87/b.
Fuel oil data firm Clipperdata buys data arm of Axelrod Energy Clipperdata competes with S&P Global Platts in the provision of data and information on oil-product markets.
External: Wired Bunkering
FUTURES: Oil firmer on hopes of OPEC deal extension
Qatar joins call for OPEC deal rollover to March 2018 The process of rebalancing was "finally gaining momentum," Sada said in a statement Sunday.
Consensus on cut extension aside, OPEC and non-OPEC partners have much to resolve - Compliance with quotas, compliance metrics unresolved - Monitoring committee meets Wednesday to review deal - Full OPEC meeting Thursday, followed by non-OPEC meeting
ANALYSIS: Rouhani's re-election as Iran president positive for petroleum sector - Rouhani wins decisively against hardliner Raisi - Progress on upstream contract model likely in second term - Clashes with Khamenei, Trump lie ahead
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