Handysize earnings hit $10,000 per day Average time charter earnings on the Baltic Exchange are at the highest since January 2014
Daily Briefing Shipping is still divided as climate battle reconvenes
Polys Hajioannou and the art of running a shipping company Running a successful shipping company is about sharing your expertise with public shareholders
Managers must relieve owners of digitalisation stress Columbia Marlow chief executive says shipmanagers must do the heavy lifting
Scorpio Bulkers offers dividend as net loss continues to shrink Company chairman Emanuele Lauro believes current market rates are sustainable and sees improvements through 2018.
The counter view on alternative finance A recent article on alternative finance flushed out a range of opinions
Busan's big plans could falter under Chinese pressure Devolved power to South Korea's second biggest city could provide a sharp stimulus to its value-added marine sector, but bigger...
Rickmers Group creditors look to payout of just 3% But company set to re-emerge under ultimate control of Kurt Zech
Hyundai Heavy Industries secures additional five-VLOC order from Polaris Polaris exercised options for extra ships following an order of 10 vessels in September
Over half of vessels scrapped in the third quarter ended up at South Asian yards NGO Shipbreaking Platform slams European owners for scrapping at 'unsafe' yards on the Indian subcontinent
New financial division to tie Braemar's businesses together Company aims to become a one-stop shop offering a full range of services to clients
Noble Group warns of up to $1.25bn loss for third quarter Sale of oil liquids business to Vitol expected to generate net proceeds of $582m, helping to pare debts while group...
Nakilat profit for first nine months down 19% Qatari shipper blames writedowns on scrap value of vessels, but does not mention impact from neighbours' economic blockade
UAE to partner ITF in resolving seafarer abandonment Federal Transport Authority to ensure UAE ratifies Maritime Labour Convention 2006
Scorpio Bulkers inks $20m sale and leaseback deal Company will employ the vessel on a 9.5-year bareboat charter
North Korean shipping firm's country head leaves Vietnam amid international sanctions Ocean Maritime Management's Vietnam head reportedly advised by the local government to leave the country
Global Ship Lease to raise up to $360m from notes offering Proceeds to help refinance existing notes due in 2019
SM Line partners regional shipping firms in new offering Move to team up with foreign shipping companies to launch a service is a first for SM Line
IMO criticised for allowing companies to influence environmental policy New report from InfluenceMap slams shipping giants for lack of transparency on environmental initiatives
'Comeback kid' taking Forland ships Norwegian shipowner Aage Remoy is taking over struggling Forland's subsea vessels.
Kinder Morgan sees tanker earnings boost Increase driven by newbuildings amid slump in charter rates for products tanker fleet.
Gener8 Maritime VLCC deal could set new price marker New York-listed owner set to sell another crude tanker at eye-catching level.
Cochin Shipyard takes over Hooghly Dock Indian yard forms joint venture with compatriot plant to upgrade facilities.
McKinsey floats idea of 50,000-teu boxships Consultancy gazes into crystal ball to imagine transformed sector in 50 years.
Braemar eyes bank business backed by finance move NAVES deal has given brokerage a unique platform to target work with financial institutions, Kidwell says.
Anchor-handler rates hit rock-bottom Brokers report Olympic AHTS removed from market as rigs go into layup.
Scorpio Bulkers starts dividends after quarterly loss slashed Pay-out shows faith in future market prospects, CEO Emanuele Lauro says.
Kurdish crude exports still sharply down Iraqi military action in Kirkuk depresses oil flow to port of Ceyhan.
Harvest Sky refloated off Taiwan Japanese ship freed after nearly a week following engine failure.
Evergreen teams with CoscoCS and Yang Ming New express service links northern Europe to the Mediterranean.
BW Offshore extends FPSO deal Owner fixes Nigerian unit to Addax for another four years.
SwissMarine sells fifth capesize as values hold steady Peter Weernink confirms latest sale in a deal that shows stable asset price levels.
Moundreas mops up Gener8 Maritime suezmax tanker Deal marks Greek owner NGM Energy's first tanker acquisition in well over a year.
Navy quells bulker stowaway rebellion Uruguay forces subdue four Nigerians on Technomar ship after distress call.
Dynacom tipped for VLCC buy Greek owner linked to purchase of 13-year-old K Line vessel
Shanghai Dingheng lines up 26-tanker order Chinese group firms deals for 16 ships, with 10 more under negotiation.
Qatar crisis holds up UACC sale Lack of dialogue with Saudi Arabia complicating tanker owner's disposal.
Polaris adds five more VLOCs at HHI Korean owner brings recent orders to 15 ships with $400m of declared options.
Braemar hails 'resilient' revenue but profit shrinks London broking group says financial performance is improving after tough end to last year.
UAE and ITF to address abandonment cases Middle East nation set to ratify the Maritime Labour Convention 2006 with union's help.
Oldendorff and Uniper behind Seanergy fixtures German shipowner and trader unmasked as counter parties in recent capesize period deals.
Dockwise's Treasure encounters rough seas Heavy lift ship carry John S McCain rerouted to the Philippines after running into Typhoon Lan.
Nakilat sees nine month profits slide 19% Shipowner blames changes to fleet scrap value policy and lower number of charter hire days.
TIACA launches Cargo Service Quality tool for visibility, standardization in air cargo The International Air Cargo Association (TIACA) has developed a new online Cargo Service Quality (CSQ) tool to help improve visibility and ...
Kuebix offers free TMS version The transportation management system (TMS) provider Kuebix will offer a free version of its software to shippers covering basic blocking an...
Port of Antwerp grows throughput in first nine months of 2017 The Port of Antwerp handled 167.1 million metric tons of cargo during the first nine months of 2017, up 3.3 percent from the corresponding ...
INTTRA gains ocean carrier partnership for Middle East, Africa region Ocean shipping e-commerce platform INTTRA and container shipping line Transmar Corp., a wholly-owned subsidiary of IACC Holdings, have part...
XPO Logistics to hire 6,000 seasonal workers Transportation and logistics solutions providerXPO Logistics announced on Friday that it expects to hire more than 6,000 seasonal workers f...
Drewry: Transatlantic trade sees boost in box volumes Container shipments from North Europe to North America - comprising the United States, Canada and Mexico - rose 4.7 percent year-over-year ...
FMC authorizes ocean carriers to serve on NYSHEX board A recent Federal Maritime Commission (FMC) agreement has authorized ocean carriers CMA CGM, Hapag-Lloyd, Mitsui O.S.K. (MOL) Lines and COSC...
Traffic at USWC ports rises 6% in August The five major container-handling seaports on theU.S. West Coast - Los Angeles, Long Beach, Oakland, Tacoma and Seattle - collectively move...
NITL seeks more feedback re: CSX service problems The National Industrial Transportation League on Oct. 20 began asking its members to complete an online survey that said would enable the N...
Kenyan export pipeline FID expected by end-2019: Africa Oil CEO Plans for a final investment decision on Kenya's oil export pipeline are on track for late-2018 or early-2019, though some agreements might still need to be "worked out" after Total's recent buyout of Maersk Oil's assets in the country, Africa Oil CEO Keith Hill said Monday.
No discussions with China for Saudi Aramco stake, says CEO Saudi Aramco's CEO Amin Nasser has dismissed speculation that the state oil giant is in talks with Chinese sovereign wealth funds, or any others, as an alternative strategy to its long-mooted listing on international markets slated for 2018.
ICE Brent/WTI spread falls on US rig count, Iraqi pledge The ICE Brent/WTI spread narrowed Monday under pressure from the fall in US drilling activity combined with Iraq's intentions to raise exports from the country's southern terminals.
ANALYSIS: Across-the-board US stock decline would be bullish A likely draw last week of US stocks of crude, gasoline and distillates would represent the first across-the-board decline since the week ending July 28, sending a bullish message to traders that could nudge oil futures higher.
TANKERS: Clean MR rates hit year-to-date low on slow Atlantic trade Clean freight rates for Medium Range tankers positioned in Northwest Europe hit a new year-to-date low Friday with too little trans-Atlantic trade to keep the ever increasing number of tankers busy.
RUSSIA DATA: September fuel oil exports fall 26.7% on year to 2.58 mil mt Russian fuel oil exports fell 26.7% year on year to 2.5809 million mt in September, and were down 14.3% month on month, according to data released Monday by the Central Dispatching Unit, the statistical arm of the Russian energy ministry.
ARA fuel oil stocks fall on week on Mediterranean demand: PJK Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub fell in the week ended Wednesday on a tight Mediterranean market.
Rotterdam bunker fuel at 28-month high tracking crude, fuel oil High sulfur bunker fuel in Rotterdam has reached its highest price in over two years, on pockets of tightness at the port and rising international crude oil and fuel oil prices.
Rotterdam bunker sales rose 3.4% on year in third quarter Fuel oil sales rose 4.5% to 2.12 million cu m, while marine gasoil and marine diesel oil sales together fell 2.2% to 369,969 cu m.
Maxcom Bunker CEO arrested in Libyan fuel smuggling investigation Porta stepped down as CEO last week and has been arrested, the company told S&P Global Platts Monday.
External: Wired Bunkering
Singapore-listed Noble Group agrees to sell oil liquids business to Vitol The sale is expected to close by the end of 2017, Noble said.
FUTURES: Crude higher as US oil rig count extends downtrend
TRADER NOTE: Bunker trader OceanConnect Marine opens Hong Kong office The trading team is helmed by Susannai Lai, formerly managing director of Bomin Bunker Oil Hong Kong.
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