Daily Briefing Korean bank struggles to get money back from shipping and yards
Gard reports half year result up 55% on benign claims Marine mutual announces no general increase in the advance call
Bait and switch Scorpio Bulkers must decide where it stands on the capital cycle and send a clear message to shareholders
Industry fights back amid environmental lobbying accusations Hapag Lloyd, Carnival, Vale and WSC reject criticism as IMO explains itself
Party congress takeaway: Bigger and stronger China state shipping conglomerates Overseas expansion will pick up pace as policy makers put emphasis on state-owned capital
Hijack ship costs subject to general average, Supreme Court rules Landmark case could open way for retrospective claims from owners
Atlantic MR earnings near 2017 lows but optimism for November remains Fronthaul tanker demand could be 30% higher next month than summer level, says Makai Marine Advisors
Boxship owners face massive impairments Falling value of vessels and charters has knock-on effect on shares of listed non-operating owners
Seaco firmly on the acquisition path Singapore-based box lessor undeterred by latest rebuffs, says chief executive Jeremy Matthew
Panamax index softens despite pickup in Pacific trades Market to remain strong unless there is a severe shortage in cargo availability, says broker
Golar LNG Partners aims to raise $138m from units offering Underwriters of the deal given 30-day option to purchase up to 720,000 more units
Last Word: A new hope for abandoned shipyards Tongyeong city plans to turn a shut shipyard into a tourist attraction
DP World sees third-quarter gross box throughput rise 13% Group cites substantial improvement to global trade outlook for its better figures
Bills to repeal or limit Jones Act for Puerto Rico look unlikely to gain traction in Congress Forces that kept US coastal regulations in place for over 225 years are still intact, say lawyers
Wärtsilä posts 9% rise in third-quarter net sales Continued weakness in the offshore segment and smaller volumes from service projects led to lower than expected sales growth in...
Korea's co-op federations reveal losses from Hanjin Shipping bond purchases Co-operative federations across South Korea recorded roughly $107.6m in losses from buying Hanjin Shipping corporate bonds
Scorpio Bulkers makes puzzling share offer, then cancels it Update: New York-listed bulker owner cancels offer of 10m shares due to unsatisfactory pricing
Costamare beats third-quarter profit estimates Boxship owner unveils 15 new charters at 'substantially higher rates'
NEWS FLASH: DCLI acquires TRAC domestic chassis fleet Direct ChassisLink, Inc. (DCLI) has agreed to acquire the fleet of rival TRAC Intermodal's 72,000 domestic chassis, a major consolidation w...
PLAs helping ports, governments ensure construction projects run smoothly When the Los Angeles Board of Harbor Commissioners renewed a port-wide project labor agreement last month, it not only set the stage for wh...
Senators vow to move CBP commissioner nomination forward At the end of a nearly hour-and-a-half-long confirmation hearing before the U.S. Senate Finance Committee on Tuesday, Chairman Orrin Hatch,...
NAM president urges Ex-Im Bank chairman nominee to withdraw Jay Timmons, president and CEO of the National Association of Manufacturers (NAM), has made it no secret that he disapproves of former Cong...
Commerce, DHS partner to facilitate e-commerce, boost enforcement The U.S. departments of Commerce and Homeland Security have entered a memorandum of agreement (MOA) to work together to facilitate internat...
U.S. steps up GSP compliance oversight The U.S. government has launched a new initiative to ensure that developing countries benefiting from product-specific duty-free access to ...
U.S. blocks Peruvian timber company's shipments The Office of the U.S. Trade Representative has ordered Customs and Border Protection to block future timber imports from Peruvian exporter...
Amazon launches free, two-day Business Prime Shipping Amazon Business has launched a Prime membership service for businesses to provide the same free, two-day shipping service used by home-base...
DP World sees Q3 global container volumes jump 13.3% Dubai-based port terminal operator DP World Limited handled 52.3 million TEUs across its global portfolio of container terminals in the fir...
ICE Brent/WTI spread above $6/b after EIA data shows crude NYMEX December crude settled 29 cents lower at $52.18/b. ICE December Brent rose 11 cents to $58.44/b.
US DATA: EIA says residual fuel oil stocks hit five-year low on USGC exports US residual fuel oil stocks for the week ended Friday reached a five-year low on a significant draw in the US Gulf Coast.
NWE fuel oil hi-lo Cal 20 swap interest surges to fresh 2017 high The calendar year 2020 fuel oil hi-lo swap -- measuring the premium of 1% FOB NWE cargoes over 3.5% FOB Rotterdam barges -- has surged to its highest level this year.
External: Praxis Energy Agents S.A
IMO rebuts 'corporate capture' criticism, says multiple viewpoints give balance InfluenceMap published a report this week accusing the IMO of "corporate capture".
External: Wired Bunkering
External: Global Risk Management
ANALYSIS: Saudi Aramco IPO scaremongering looks overdone Beyond Aramco's vast production of cheap crude there is political momentum behind the IPO.
TRADER NOTE: UK's LOC makes senior management changes Jerome Rutler to be new Group CEO.
FUTURES: Crude holds onto overnight gains on US gasoline stock draw
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