Port of Thessaloniki receives improved takeover offers ICTS, DP World subsidiary and CMA CGM throw their hats in the ring
Frangou's Navios sees limited downside in boxship deal Acquisition of Rickmers Maritime fleet adds optionality at low cost according to company executives
Humber ports look to life after Brexit Despite their reliance on shortsea trade with Europe, terminals on the Humber estuary are taking the threat of Brexit in their stride
Panalpina reports strong growth Forwarder is confident about further volume increases in 2017 and determined to restore profitability to its ocean division
Nigeria rocked by two piracy attacks Pirates abducted eight crew members off a tug after unsuccessful attack on crude oil tanker
Liability cover did not include named co-insured, court rules Cruiseship general sales agents could not recoup substantial payouts made to passengers hit by norovirus
Liberty Prrudencia crew pushes legal case against owner Abandoned crew approaches ITF to proceed with legal case against owners for over $180,000 in unpaid wages
Backhaul Europe-Asia spot rates continue journey north Capacity shortage shows little sign of being resolved, as rates climb above headhaul levels
Yang Ming faces battle over shipper sentiment Government backing means little likelihood of Hanjin-style collapse
Cyclone boon for bulker owners? Coal shipments from distant countries could boost tonne-miles after Australian outage
Yang Ming suspends share trading Financial crisis at Taiwanese container carrier unlikely to lead to a repeat of last year's Hanjin supply chain catastrophe, analysts say
DSME seeks court approval for debt restructuring plan Scheme likely to be implemented in early May
Rickmers Maritime sells boxship fleet to Navios for $113m Proceeds from the vessel sales will repay debt owned on the trust's secured credit facilities
Keppel O&M slashes 1,250 jobs in the first quarter Move to deal with reduced workloads as industry downturn persists
Singapore launches second maritime leaders training programme Port authorities partnered Singapore Management University with Human Capital Leadership Institute to host programme
Castleton and Hudson Shipping bury hatchet in newbuild fight Judge releases $1.37m in seized funds after US companies reach settlement agreement.
Chiquita, insurer sue Kollakis Group after banana damage Fruit giant and insurer Markel target Kollakis Group and Chartworld after mechanical delays allegedly led to cargo damage.
Colombia seizes drugs from Seatrade reefer Authorities find 400 kilograms of cocaine on Dutch shipowner's Cala Palma.
Ferry owner Fjord1 plans listing in Oslo Per Saevik-controlled company plans to use cash to buy out Sogn county government.
Oldendorff's Brazil fixtures help fuel sharp cape spot slump Time-charter assessment suffers largest single-day drop since January.
Taiwan Navigation turns to red Taiwanese bulker owner racks up loss for 2016 as revenue dips.
Knutsen LNGC damaged in grounding Sevilla Knutsen heading to repair yard after incident in Pacific.
Concordia Maritime charters in MR pair Tanker owner strengthens its position through fresh one-year contracts.
Atlantska Plovidba adds managed bulker Croatian owner strikes deal with Northern Glory for handysize.
DSME seeks court approval for debt rejig Shipyard bids to access $2.6bn cash injection after winning approval for refinancing.
Diana Shipping linked to Thenamaris bulker Nikolas Martinos-led owner tipped to make first S&P move this year with kamsarmax sale.
OSV tonnage list lengthens in North Sea Quiet period puts rate gains in peril for anchor-handlers.
RMT sold out to avoid long wind-up Singapore-listed company explains the reason behind the $113m fleet transaction deal with Navios.
First Steamship cuts loss in 2016 Taiwanese bulker owner benefits from lower one-off costs.
EIB and ABN open $160m green shipping facility European and Dutch banks join forces to "fill the financing gap" for the greening of fleets.
Third time's a charm for Navios? Latest distressed fleet deal viewed as "fair" and "low risk" by analysts, but panamax exposure adds a potential question.
Noble sending drillship into layup Shell charter worth $488,000 per day ended in March.
Siem secures 1,220 days of employment Oslo-listed company strikes eight new deals that will see part of its fleet mobilised worldwide.
Annual profit falls at Sincere Taiwanese bulker owner saw revenue fall faster than costs in 2016.
Murmansk Shipping eyes bulker purchases Russian owner wants more after sealing first acquisition in 10 years.
Robbers board bulker in Indonesia Crew deters raid on vessel at Samarinda anchorage.
Eight crew kidnapped in Nigeria Pirates raid offshore tug near Brass; tanker fired on.
Court approves judicial management for Swissco Singapore offshore company the latest to be placed under control of restructuring experts.
GoodBulk confirms panamax bulker deal John Michael Radziwill-controlled venture expects to take delivery of ship in the summer.
Vale increases first quarter iron ore output Brazilian mining giant set to move more of its inventories to Asia and Middle East.
Vitol agrees Gazprom LNG supply deal Dutch oil trading giant to receive 300,000t per annum in multi-year deal starting in 2018.
Maritime task force presents policy recommendations to Danish government The Danish Shipowners' Association said a task force within the Danish government has presented a series of concrete proposals to enhance t...
Report: Yang Ming stock trading suspended amid capital restructuring Trading of shares in Taiwanese ocean carrier Yang Ming have been suspended on the Taiwan Stock Exchange until at least May 4 as the firm pr...
Special Coverage: Navis thinks outside the terminal Navis, a leading provider of terminal operating systems (TOS), is extending its reach further along the links of the supply chain. "Our am...
Port of Everett breaks ground on new rail line The Port of Everett in Washington state has begun construction on new rail line, the port authority said in a statement. The Pacific North...
Goodman expands at Port of Hamburg Logistics real estate owner Goodman is planningtodevelop a35,000-square-meter logistics center at the Port of Hamburg, the German port said...
Truckload rate free fall hits 13th straight month Truckload rates fell another 0.9 percent in March 2017 compared with the same month a year ago, the 13th consecutive month of year-over-yea...
Intermodal rate growth continues in March Intermodal rates grew for the sixth straight month in March 2017, rising 4.8 percent compared to the same month last year, according to the...
Report: Chinese shipyards see new orders plummet Shipbuilders in China have seen orders for newbuild vessels plummet 25.4 percent year-over-year to 5.54 million deadweight tons in the firs...
Werner Q1 2017 profits fall despite increased revenues Werner Enterprises Inc. saw its first quarter 2017 profits tumble 20.3 percent to $16 million compared to the same 2016 period, according t...
ARA fuel oil stocks down slightly on fewer incoming M100 cargoes Fuel oil stocks were the only ones too fall, with all others rising.
Bunker demand increases in West Mediterranean amid Gibraltar closure Las Palmas, Spain, was also experiencing higher buying appetite.
European Investment Bank signs Eur150 million green shipping deal Projects aimed at reducing emissions or increasing fuel efficiency will be eligible, both for retrofitting vessels and building new ones.
External: Wired Bunkering
Current oil price reflects demand and supply balance: Novak Saudi Arabia and Russia have given strong indications they would back a continuation of the cuts.
External: Global Risk Management
Saudi Arabia, Russia signal support for production cut extension - Falih says deal could be extended three or six months - Novak says production cuts 'successful' so far - Gulf Cooperation Council ministers see positive H2 market signals
TANKERS: WAF-China VLCC route hits two-month high Rates surge due to strength in Persian Gulf market
South Korea's GAS Entec plans world's first LNG-fueled reefer carrier Upto 30% operating cost savings also expected
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