Oil and gas shipping: the 2017 Power List Last minute tanker news shakes the power list, but the Saudis hold the top spot
Box Club caught in political power play America First policy could put container lines on the wrong side of the law
Industrial shipping key to beating spot market, says Sovcomflot Relationship with core clients 'like a marriage', according to Kolesnikov
Conti sells post-panamax trio CMA CGM and Sinokor named as buyers in broker's report
Regulators keep up the pressure on container lines Antitrust investigations and decisions date back 30 years
DHT becomes surprise hunter in tanker consolidation race Update: John Fredriksen's prey turns the tables as it buys BW Group's entire VLCC fleet, sending shockwaves through tanker market
Post-truth shipping Evidence from New York suggests rosy sentiment might be based on emotion and personal belief rather than facts
US faces dry bulk capacity crunch CMA 2017: Bulkers to fall short of US ballast water management regulations
Singapore bunker operators face emissions compliance challenge City state proved naysayers wrong with mandatory flow meters, but push for cleaner fuels will present more challenges
Port of Dampier reopens following tropical low Vessels were cleared from the port's anchorages for about 18 hours
Suezmax rally loses steam as West African oil faces off with Middle East supply Benchmark suezmax freight rates are down nearly 33% from recent highs
Oldendorff converts bulker into transloader Vessel to join Middle East Gulf transhipment operations after the conversion process
Capesize market kept aloft by strong fixtures But expected weaker steel demand in China points to a short-lived rally
Container coating business hits Cosco Shipping International bottom line Net profit dropped 29% to $30.5m
State-backed creditors unveil $6bn rescue plan for DSME Updated: Creditors intend to finally sell stakes in the shipbuilder once its financial situation stabilises
Rotterdam Port signs deal to explore Pecem port development Study will explore the feasibility of a joint venture between the Port of Rotterdam and state government
AAPA pushes for more transportation infrastructure funding Move comes amid concerns of port-related budget cuts by the Trump administration
Svitzer buys tug newbuilding to bolster Southampton port fleet Vessel to be deployed to port in early May
Owners stand to benefit from scrubber installation, say bunker players CMA 2017: Cheaper residual oil prices expected after 2020 as refineries continue production
More noise from the river The launch of a new Port of London Authority handbook comes as an air of optimism is abroad on the Thames
GasLog Partners buy boosts payout potential Master limited partnership to buy LNG carrier GasLog Greece from parent company, which supports plans for dividend hike.
Bergeron rises to top job at US Shipping Long time chief financial officer replaces Michael Ryan at helm of Jones Act tanker owner.
Euronav's Rodgers: big owners a 'good thing' Tanker chief executive sees consolidation as inevitable; Euronav has 'similar ambitions'.
Wilhelmsen targets growth and technology Shipower says expansion on the cards as the company finds itself out of direct vessel ownership for first time since 1865.
DHT enters VLCC 'top league' with BW deal New York-listed owner will have seventh most valuable VL fleet after 'fair value' transaction.
Trafigura fixes Stealth Maritime tanker trio Trader takes aframaxes and an MR on 12-month charters.
PSA profit down despite volume rise Singapore ports operator hails "creditable" result in turbulent year.
PSA International's profits plunge in 2016 Global port operator PSA International recorded a net profit of 1.17 billion Singapore dollars (U.S. $84 million) for 2016, falling 7.5 per...
Maersk Container Industry launches Star Cool CA+ Source: K.Narloch-Liberra/Shutterstock Maersk Container Industry has launched Star Cool CA+ for low-respiring perishables. A.P. Moller - Ma...
U.S. steps up Brazilian beef import inspections The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) said it will step up pathogen testing on all shipments of ra...
Lufthansa Cargo boosts temperature-sensitive capacity in Frankfurt Lufthansa Cargo has announced the initiation of the expansion of the Frankfurt hub Cool Center. The facility opened in December 2011 and c...
Tulsa Port of Catoosa reports February volumes The Tulsa Port of Catoosa reported a total barge tonnage of 256,488 tons for February, down slightly from the 258,243 tons reported for Jan...
South Korea provides DSME with $2.6b bailout package South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has been offered a 2.9 trillion won (U.S. $2.6 billion) rescue...
FedEx Express launches new Liège-Memphis route FedEx Express will commence a new flight between subsidiary TNT Express' air hub in Li'ge, Belgium, to the FedEx World Hub in Memphis, Tenn...
U.S. Class I railway employment rebounds slightly in February Class I freight railroads in the United States employed 148,843 workers as of the middle of February 2017, a 3.48 percent decline from the ...
State court reaffirms Vancouver Energy lease at Port of Vancouver The Washington State Supreme Court has reaffirmed a lease agreement between the Port of Vancouver, Wash. and Vancouver Energy that would se...
TANKERS: MR rates to USAC hit 11-week high as summer gasoline demand soars Rates on the ARA-WAF route, basis 37,000 mt, rose by w10 to w200 ($20.90/mt), also the same as levels on January 1.
Malta bunkers hits multi-week low, tracking other ports, cargoes S&P Global Platts assessed 380 CST fuel oil at Malta at $282/mt delivered Wednesday, its lowest point since November 11.
Rotterdam 380 CST premium to St Petersburg drops to two-month low The differential steadily widened from late November to reach $48/mt on January 31.
External: Wired Bunkering
TANKERS: SHIPPING MAJOR BW GROUP SELLS ALL VLCCS TO DHT HOLDINGS The VLCC fleet will be delivered in the second quarter of 2017, which would see DHT's VLCC fleet expand to 30 vessels.
External: Global Risk Management
Western Australia's Dampier port resumes operations following cyclone warning
Saudi Aramco inks term crude supply with China's CNOOC for Huizhou refining project Saudi Aramco will supply one VLCC per month of Arab Medium crude oil to CNOOC for a year, starting from the second half of 2017.
FUTURES: Oil recovers losses on hopes of OPEC cut extension
TANKERS: Drawdown of oil product stocks will boost tanker demand - Braemar Shipbroking "In 2016, refinery runs barely moved at all," said Curra.
Alternative bunker fuels viable but questions linger: industry sources Ship operators can chose from various options including scrubbers, LNG and even methanol.
TRADER NOTE: Bunker trader Andrey Zubov joins Fast Bunker Trade Zubov was previously working with Kiev-based Marine Standard Ltd.
Unipec to load one million barrels from Libya's Es Sider Saturday-- source The cargo is expected to be lifted on the Demitrios
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
