Kugs das blog Out with the old and in with the new
Box shortages hamper containerisation of commodities Lack of equipment means exporters are failing to benefit from cheap container rates
VLCC rate rises but no elation Caribbean outperforms other markets in otherwise tepid week for the industry's biggest crude tankers
Giuseppe Bottiglieri Shipping wins extra time to present restructuring plan to banks Naples court gives family-run dry bulk and tanker company until the end of July to put forward a scheme
Greek shipowners extend voluntary tax pact by one year UGS members 'unanimously' backed doubling tonnage tax contributions for fourth year
Pride and perseverance at the American Club The American Club has transitioned from catering to domestic shipowners to being a dynamic international association
Transpacific recovery comes too late for contract rates Asia to North America west coast container volumes are growing strongly, but early-year weakness limited annual price increases
Handysize bulker rates rise to highest in June with further increases expected BIMCO data shows only 200,000 dwt of handysize newbuildings booked this year
Knock out stragglers and sell ships cheap, Bunnemann urges German banks End hidden state subsidies to speed recovery, argues rising star
Boxship scrapping rates to remain high Fleet rebalancing will come from demolitions rather than demand growth
Braemar adds new non-executive director Lesley Watkins 'brings wealth of experience'
Korea Line inks 20-year LNG shipping deal with Kogas Korea Line to deploy two LNG carriers to ship the cargoes
A Polar Code for autonomous ships? Goal-based rules could follow a clear out of regulatory obstacles for autonomous shipping
New York/New Jersey fights for Midwest market with raising of Bayonne Bridge Bayonne Bridge heightening elevates Port of New York & New Jersey's big ship draw
Cosco Shipping secures $543.9m in Cexim loans to fund 10 tanker newbuildings The latest loan is part of the larger $4.2bn financing agreement inked between Cosco Shipping and Cexim
Daily Briefing As DSME puts the brakes on one quartet, hungry owners show their appetite for new vessels despite recent warnings on...
UK Coastguard aids in rescue of tanker crew Agency's network operations centre reached out to commercial shipping for help in efforts.
VLCC orders highest since 2008, Bimco says Upturn in activity comes despite fleet growth touching peaks not seen since 2011.
Gener8 Maritime shares crash on Frontline pullout Frontline's decision to turn its guns away from New York-listed owner leads to stock taking a tumble.
Lindblad newbuild grounds during launch More cruises cancelled after cruiseship damaged at US shipyard.
Greeks shipowners extend voluntary tax agreement with state Union of Greek owners agrees to contribute to the struggling local economy until 2018.
Aegean Marine debuts in major US boxship port Independent bunker supplier looks for expansion move at time of major retrenchment.
Stanley Ho steps down as Shun Tak chairman Tycoon, 95, hands over leadership of shipping and property group to daughter.
Western Bulk seeks first digital executive Hiring of digital chief about improving margins not starting a revolution, Ismar says.
Period deals a promising sign for panamax owners Big names stepping in for tonnage is a positive sign, Alibra Shipping says.
Car carrier set for second auction May deal for sanctions-hit AML ship challenged by another bidder, broker says.
KLC clinches $1.15bn LNG deal Korean owner to carry cargoes for Kogas until 2037.
Polarcus wins West African work Middle East owner clinches new contract after the end of North Sea season.
Market watches United Ocean ship for new price marker Brokers expect new price figure to be set as offers come in for supramax bulker.
Dof pens deal for pipeline project Norwegian owner sending vessel to south Mediterranean to work for TMPC.
Pirates steal oil from Thai tanker Diesel siphoned from vessel as crew held on deck off Malaysia.
Third time lucky for Taku? Alaska tries again to sell ferry, but this time with no public reserve price.
Rising fixture count and storage spur VLCC spot market Middle East activity and more economical storage sums working in owners' favour.
Evermore Global shows Songa Bulk hand Major US investor reveals stake of over one tenth in Norwegian bulker owner.
ABG Shipyard loses state orders Indian government cancels coast guard ships at struggling shipbuilder.
Poland to back $420m PZM order Fund being set up to help Polish owner ink new ro-pax deal.
CoscoCS makes shiprepair move in Piraeus Chinese group planning new facility to handle 80,000-dwt vessels in Perama.
Abu Dhabi fund buys stake in Noble Group Singapore-listed commodities giant and major charterer boosted by new investor.
Adani Port plans return to bond market India's largest ports operator looks to take 2017 fundraising to $1bn with latest offering.
Europe, China see increased freight rail routes CEVA Logistics has launched a new rail service between Shilong in China's Guandong province to Hamburg in Germany, while Greencarrier Freig...
VTG Rail acquires over 1,000 rail cars VTG Rail Inc., the U.S. subsidiary of VTG AG, has acquired a fleet of 1,135 rail cars from Redwood Rail, an American rail car leasing compa...
Delta, Korean Air enter transpacific JV Delta Air Lines and Korean Air have entered an agreement to form a joint venture to mutually expand their services between the United State...
U.S. Senators introduce legislation to boost LNG exports Two U.S. Senators - Bill Cassidy, MD, R-La., and Ted Cruz, R-Texas - introduced legislation last week to boost liquefied natural gas (LNG) ...
Thailand seeks $44b for industry infrastructure plan Thailand is seeking $44 billion for its infrastructure plan to upgrade ports and other facilities along the country's eastern seaboard as p...
BIMCO: Dry bulk, tanker newbuild contracts surge in 2017 Newbuild contracts for the dry bulk and tanker shipping industries have been signed for at an increasing pace so far in 2017, collectively ...
GECAS to convert 30 more Boeing 737-800s into freighters GE Capital Aviation Services (GECAS), an aircraft financing and leasing company, has plans to convert a further 30 Boeing 737-800s into fre...
COSCO Shipping to purchase 14 containerships China's COSCO Shipping Corp. will purchase 14 more containerships in two deals worth a combined $178 billion, according to local news sourc...
DP World, Masdar to collaborate on clean energy initiative Port operator DP World and Abu Dhabi-based renewable energy company Masdar have inked a Memorandum of Understanding (MoU) to collaborate on...
PAJ chief dismisses likelihood of OPEC to make additional output cut soon Global oil demand growth seen faster than supply growth
Aegean adds Savannah service to its bunkering network Sources with knowledge of the arrangement said the new deal could give Colonial wider opportunities for offering bunker fuel in Savannah
TENDER DATA: Uruguay's ANCAP seeks up to 60,000 cu m of gasoil for July Price is based on the monthly August average of the Platts US Gulf Coast ULSD waterborne assessments.
EIA CONFERENCE: Brent/WTI spread of $2.50/b key to US oil export surge: Pioneer Wide Brent/WTI spread making US oil more appealing globally
Strong crude oil arbitrage east leaves fewer VLCCs for fuel oil "Fuel oil is competing with crude oil in VLCC availability at the moment,"
PAJ chief dismisses likelihood of OPEC to make additional output cut soon - Global oil demand growth seen faster than supply growth
Bunker availability at Istanbul constrained despite low demand "It's quiet but all the barges are booked anyway. Last week was very busy," one supplier said.
FUTURES: Crude steadies after price slide, but outlook bearish
Bunker supplier Aegean announces new operation in Savannah Aegean will lease storage and blending facilities on the Savannah river from Colonial Group from July 1, and will use barges chartered from Vane Brothers Company to deliver the fuels.
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