Les Chapman appointed as new UK Sosrep Will assume role from Hugh Shaw later in the year
Libya's El Sharara woes hit suezmax and aframax owners Instability in oil producing nations hurts tanker earnings in an oversupplied market
HSH fire sale sees owners pick up trading vessels for scrap prices Bargain basement deals may delay recovery, rivals fear
Panama fights for backhaul with reduced tolls Discount competition heats up between Suez and Panama canals
Supramax earnings hit one-month high on healthy demand Strong trades reported in Atlantic, Pacific and East Mediterranean regions
Hutchison to operate Basra box berth Hutchison Ports Basra unit established as Hong Kong operator follows ICTSI into Iraq
VLCC owners scrap and slow as earnings near three-year low Measures to control ship supply might be moot point in the face of severe oversupply
Oil firms and tanker owners to unveil joint safety initiative by November Initiative aims to build a database of all accidents and enhance officer assessments
Chinese shipping leasing reaches $12bn in 2016 Data collected from 10 major Chinese lessors shows China's big lenders
Industry urged to sharpen focus on threat from 'non-convention' vessels International Safety@Sea Conference warned of danger posed by 4m vessels that are not subject to IMO regulations
US Navy divers begin rescue mission Divers also carrying out damage assessments of warship's hull and flooded areas.
Attica beats Grimaldi to control of Hellenic Seaways Union of two largest Greek domestic ferry operators to be considered by competition authority
Private equity dabbles in dry bulk again A rosy outlook for a dry bulk recovery and the opportunity to buy distressed loan portfolios lures funds back
Daily Briefing
Singapore to roll out analytics-based technologies for port operations next month MPA and IBM joint effort to implement more modules in January
MST slapped with pollution indictment US grand jury charges German shipmanager of falsifying records to cover up oily discharges.
Merchant ship collisions spur US Navy to review safety Admiral calls for operational pause after second collision with commercial ship in just over two months.
Bibby bulker under tow after fume scare Crew aboard supramax could not investigate cargo due to being overwhelmed by odour.
BHP sees good market for seaborne iron ore Mining giant's outlook suggests continued strength in dry bulk market for iron and coal.
MCA names Chapman in key casualty response role Canada's Royal Military College graduate will replace Hugh Saw OBE, who will retire later this year.
Navios Holdings loss deepens despite top-line growth Red ink is deeper than analyst expectations, though Navios South American Logistics outperforms.
Koch linked to two Tsakos suezmaxes UPDATE: One ship remains on subjects while another may still be fixed by previous charterer.
Maxim Group widens dry bulk coverage Three buys and a hold amid analyst's new dry bulk selections.
Maersk Tankers sale could be slowed by weak market Analysts run the rule over remaining three oil-related businesses after Total deal.
Suez Canal boosts revenue by 4.7% Egyptian waterway took $447.1m from owners in July.
Aframaxes join tanker scrapping train Aframax owners starting to follow VLCC lead due to negative sentiment in the market.
Gunvor deal puts Golar on track for financing Credit-Suisse says offtake agreement is a major step forward, with Fortuna FID expected later this year.
Pareto Securities punchy on capesizes as market heats up Analysts suggest rates could reach $40,000 per day amid strong Chinese demand.
Havyard keeps positive full year sums in sight Norwegian shipbuilder expects to post operating profit in 2017 after second quarter red ink.
Cruise and crude fuel hike in newbuilding investment Over $33bn has flowed into newbulidings this year, according to figures from Clarksons.
Vessel impairments hurt CH Offshore But Singapore-listed entity believes that the "seeds of the ultimate recovery in the sector have been planted".
NYK, MOL and K Line set for better times Japanese trio set to benefit from improving dry and containership sentiment, says Nomura.
Shipowner taken to task over crew safety UK P&I Club accuses owner of being reckless carrying out low priority task during rough seas.
Weak backlog and Seadrill cast shadow over Mermaid DBS says issues cloud Thai offshore player's future, but strong balance will prevent the worst.
U.S. Treasury Department issues sanctions over North Korea ties The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is cracking down on Chinese and Russian entities and individu...
Remains of U.S. sailors found after collision between oil tanker, Navy warship The remains have been found of at least some of the 10 American sailors who were declared missing after their ship collided with a Liberian...
Infor adds finance visibility and mobile enhancements to GT Nexus The enterprise management software provider Infor on Tuesday said it has added three new data visualization tools to its GT Nexus platform....
Incheon container volumes expected to rise 15% in 2017 The Incheon Port Authority, the governing body for the Port of Incheon in South Korea, expects its container handling volume in 2017 to ris...
TPG continues logistics software spree with BluJay investment The global logistics and trade automation software provider BluJay Solutions has secured a financing facility of up to $500 million from TP...
CSX CEO Harrison rebukes RCC letter to Congress Class I railroad chief executive Hunter Harrison has rebuked the Rail Customer Coalition (RCC) letter sent to Congress last week, which exp...
ZIM taps MatchBack Systems for inland operations in Italy Israeli ocean carrier ZIM Integrated Shipping has joined the software company MatchBack Systems' customer base for inland operations optimi...
OOCL takes delivery of second 21,413-TEU mega-ship Hong Kong-based ocean carrier Orient Overseas Container Line (OOCL) took delivery of the 21,413-TEU OOCL Germany Tuesday from the Samsung H...
Port of Virginia orders four new cranes The Port of Virginia signed a contract for the purchase of four new ship-to-shore cranes as part of the $320 million expansion of Virginia ...
Oil futures tick higher before expected draws in US stockpiles NYMEX September crude settled 27 cents higher at $47.64/b. ICE October Brent rose 21 cents to settle at $51.87/b.
Total's cautious Maersk deal brings far-reaching opportunities - Big North Sea projects renew portfolio.- No change to Uganda-Tanzania pipeline plan.- Iran, North Africa synergies in focus.
RUSSIA DATA: July fuel oil exports down 14% on year at 3.2 mil mt Russian fuel oil exports in July fell 14% on the year and 2.9% on the month to 3.199 million mt.
External: Wired Bunkering
Rotterdam bunker sales down 2.1% on year in second quarter Total sales dropped to 2.49 million cu m in the three months to June 30 from 2.55 million cu m a year earlier.
External: Global Risk Management
FUTURES: Crude moves higher on opportunistic buying
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