Panamax bulkers slump to five-month low amid debates over China factor Braemar ACM trumpets long-term benefits of One Belt, One Road
Scale alone will not save you, say tanker experts Industry voices cast a critical eye over the Scorpio and Navig8 deal in a world with excessive tonnage and tight capital
Chinese finally return to Nor-Shipping... sort of More Chinese exhibitors in Oslo this year, but Japan and South Korea seem to have stronger line-ups
UK port security unchanged despite Manchester terror bomb Dover on 'heightened security' for some time, statement confirms
Stolt-Nielsen inks first LNG carrier orders Chemical tanker giant gets serious about LNG as it builds its small-scale fleet
Evergreen to stay with UK flag - for now Boost for UK Ship Register as Taiwanese group decides to remain after considering alternatives
Ocean Yield amends charters to reflect Scorpio/Navig8 merger We now have a much stronger client, says Ocean Yield boss
Spanish ports strike cancelled as negotiations start up again Go-slows halted as unions and employers meet to nail down rules of new legislation
Hoegh shines as LNG demand climbs 13% Oslo-listed gas company sees results beat expectations
Consolidation action shifts to product tanker markets Scorpio-Navig8 deal to create world's largest product tanker fleet
Scorpio Tankers and pursuit of market supremacy Premium stock valuation is key theme behind recent mergers
Sovcomflot first-quarter net profit plunges amid weak tanker rates Time charter equivalent revenue falls to $274.4m from $290.8m year on year
Hapag-Lloyd to focus on integrating UASC Work on amalgamating services to begin in eight weeks, now that merger deal is finalised
International coalition mulls carbon pricing for shipping Public-private sector group Carbon Pricing Leadership Coalition seeks to engage industry about decarbonisation.
Scorpio Tankers raises $200m for Navig8 fleet deal Tanker owner sells 50m shares at $4 each to help fund $1.145bn purchase.
KOTC launches VLCC and VLGC newbuilding tender Korean, Chinese and Japanese shipbuilders in the frame for Kuwaiti contracts
France identifies faults in Royal Caribbean lifeboat death But investigation board issues no recommendations after cruiseship giant takes quick action in response to Harmony of the Seas incident.
Stolt signs up for small-scale LNG ships First of up to five vessels for new venture Avenir LNG fixed to an energy major
Kherson Shipyard cuts its loss Ukrainian plant improves annual result despite fall in revenue.
Solstad secures 500 days of employment Oslo-listed offshore vessel owner wins new contracts and extensions for four PSVs.
Navios Holdings sells two, buys two and reports wider loss New York-listed shipowner offloads supramax duo and purchases leased products tankers.
Severnaya falls to loss in first quarter Russian shipbuilder hit by 40% revenue fall.
Masked men raid chemical tanker Robbers armed with knives board ship at jetty in Indonesia.
Navig8 Product deal gives Scorpio Tankers $3bn fleet Merger places Emanuele Lauro-led company ahead of Fredriksen, Angelicoussis and MOL in tanker fleet value.
Hapag seals landmark merger with UASC German owner does not plan to invest on newbuildings as it becomes the world's fifth largest liner company.
Western Bulk sets date for OTC return Jens Ismar says time is now right for shares to be listed on junior market.
Topaz sees red but remains stable Offshore vessel owner swings to a loss but not dissatisfied amid unprecedented challenges in the industry.
Eimskip profit chopped as costs rise Icelandic container line hit by depreciation, fuel and finance expenses.
Maersk Drilling agrees drillship pay cut ExxonMobil pays $22.5m to keep 2014-built vessel under its umbrella until December.
P&O brings in Bore car carrier UK ferry group charters Finnish ship after problems with Pride of Bruges.
AMSC eyes expansion opportunities US tanker owner says it can diversify its fleet after cutting loss.
Scorpio grabs Navig8 Product Tankers New York-listed products tanker owner swells fleet with deal to take over Oslo OTC-listed rival.
Golden Ocean ready to further deleverage Bulker owner sees Quintana fleet acquisition reduce its breakeven levels as it posts smaller-than-expected loss.
Norway offering ship retrofit cash Export Credit Norway wants a slice of ballast water and exhaust gas finance market.
Hoegh LNG profit on the rise Higher revenue and lower finance costs boost first-quarter bottom line.
New investor moves into Seadrill restructuring picture Significant progress made in talks with banks as Fredriksen company eyes cash injection; plan likely to involve Chapter 11 or similar arrangements.
Essar Shipping buys panamax bulker Indian shipowner expands fleet to 14 vessels with latest second-hand acquisition.
Glencore eyes possible Bunge takeover bid Analysts say deal could make Swiss commodity firm a major US agricultural power.
Bidders said to be emerging for UACC Trio of Gulf-based firms touted as possible acquirers of UASC stake in chemical tanker owner.
States call for crude oil volatility standards A coalition of six state attorneys general expressed strong support for a nationwide limit on the vapor pressure of crude oil transported b...
Executive Moves: Roadrunner, USA Truck, Crete Carrier and Port of Long Beach Source: Pressmaster/Shutterstock Roadrunner Transportation Systems, USA Truck, Crete Carrier and the Long Beach Board of Harbor Commissioner...
Agility aims to reenter U.S. logistics contracts With Agility's agreement to a misdemeanor in connection to a single $551 invoice and no criminal fine, the Kuwait-based third party logisti...
AAPA weighs in on Trump's FY2018 budget The American Association of Port Authorities (AAPA) has expressed concern over declines in various federally funded, port-related programs ...
Navios upbeat despite growing losses in Q1 Navios Maritime Holdings Inc. had a net loss of $48.7 million in the first quarter of 2017 compared with a loss of $7.5 million in the same...
Hapag-Lloyd finalizes merger with UASC Germany's largest ocean carrier, Hapag-Lloyd, completed its merger today with United Arab Shipping Co. (UASC), a Kuwait-based carrier owned...
Diana Containerships reports $7.4m Q1 loss Athens-based ship lessor Diana Containerships Inc. reported a net loss of $7.4 million for the first quarter of 2017, compared to a net los...
CMA CGM issues booking cancellation fee French ocean carrier CMA CGM will implement a booking cancellation fee from North Europe (North Continent, the United Kingdom and Scandinav...
Port NOLA joins USDA cold treatment pilot The Port of New Orleans has joined a U.S. Department of Agriculture Southeast cold treatment pilot program that allows for the improved tra...
East-West 380 CST fuel oil swap at seven month low on weakness in Singapore The July spread, traded and assessed at $13.25/mt Tuesday, was last lower on October 4 at $13/mt, S&P Global Platts data showed.
OPEC/non-OPEC committee teases longer oil output cuts beyond nine-month extension Final agreement still subject to negotiations Thursday
External: Wired Bunkering
Length of OPEC/non-OPEC oil output cut still in play: ministers Eyes are on OPEC's ministerial meeting on Thursday.
Completion of HAZID paves way for first LPG-fueled ferry using GE's COGES The COGES system consumes almost no lube oil and meets current and future regulations.
Japan's MOL to build its first LNG-fueled tug boat The development of the tugboat will also spur the initial development of an LNG fuel supply system for vessels in Osaka Bay.
FUTURES: Crude firms ahead of key OPEC/non-OPEC summit
ANALYSIS: OPEC's quest to manage sentiment hinges on likely oil cut extension - Sluggish drawdown of inventories remain a concern - OPEC needs to develop sound exit strategy - Members coalescing around nine-month extension
TANKERS: Scorpio to merge with Navig8 Product Tankers Following the merger, Scorpio will have a tanker fleet of 38 LR2s, 12 LR1s, 41 Medium Range vessels and 14 Handymaxes.
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