Sovcomflot adopts prudent approach to LNG bunkering Leading tanker player to operate more than 10 dual-fuel aframaxes in coming years
Rodolphe Saadé steps into father's role at CMA CGM as founder moves aside Jacques Saadé hands over chairmanship to son as French carrier reports strong growth in third quarter
UK Club to set up Netherlands subsidiary to secure passporting rights Move follows North and Standard's decision to opt for Dublin as Brexit talks make limited progress
Rate slides putting downward pressure on Asia-Europe contract negotiations Lines now relying on a healthy December and pre-Chinese New Year spike to boost shipper talks, say analysts
Daily Briefing Offen held rescue talks with Kortüm just before $600m debt write-off
Cautious optimism for Hong Kong's maritime future The Greater Bay Area initiative to create a regional 'super-cluster' of cities will require some give and take for all...
On the bus ride to digital disruption Maritime digitalisation is a one-way journey that has no clear path and no set timeline
Container lines: Prospects brighten against backdrop of more consolidation Merger and acquisition activity will continue to reshape the box trades in the coming year
Euronav and DHT sell their oldest VLCCs VesselsValue reports asset player Ridgebury Tankers picks up the four vessels built in the early 2000s
President of Hanjin's affiliated university to face disciplinary measures South Korean authorities said Choi Soon-ja failed to provide tangible evidence to support purchase of corporate bonds
Canada inks pact with IMO on Polar Code implementation training Nation to fund four regional training workshops run by the International Maritime Organization
The man behind Bocomm Leasing Inter-lessor asset trading to increase and leasing houses will have to get used to lower margins ahead, says chairman Chen Min
Hong Kong-Singapore maritime rivalry continues at Mare Forum Tax benefits and initiatives to nurture younger maritime professionals in both cities among key topics
Adoption of LNG as a marine fuel slower than anticipated, says DNV GL But turning point for LNG uptake is approaching
Antwerp port and Belgian authorities invest in digital data platform Port authority to take 75% stake in NxtPort, with FPIM taking 25%
Hong Kong shipowners call for a statutory body to guide industry Independent maritime authority with ample resources needed to deal with rising competition in Asia
Vitol has a new head of shipping Kit Kernon has gradually taken on responsibilities in the commodity trader's shipping unit
MPC Container Ships takes $130m fleet Olso-based boxship owner uses freshly raised equity capital for new acquisitions.
Rodolphe Saade takes chairman's chair at CMA CGM Change sees founder assume a back seat and comes as Marseilles-based company returns to profit.
Ridgebury Tankers spree shows there is life in old VLCCs DNB Markets analyst calculates how veteran crude tankers can make money and avoid the scrap heap.
AM Nomikos continues to cash in MEP fleet Greek owner believes to have sold brace of modern bulkers to Zodiac Maritime.
Oceanteam reveals row with KPMG Auditor quits after OSV owner suspended its services earlier this month.
Korea Ship Finance VLCC sold for demolition Korea Ship Finance has sold its sole VLCC for demolition, TradeWinds understands. Sources say the 298,000-dwt OS Arcadia (built 1996) has been sold as is in Singapore for $420 per ldt or $17.7m. The ship is set to be resold to Bangladesh. Yesterday brokers said the tanker was close to being sold for $405 per ldt. The ship is to be delivered either late in December of mid January. Kor
Sado Steam Ship sees loss grow Japanese ferry owner further in the red despite higher revenue.
Graft charges ordered against Baseco directors Philippines ombudsman makes allegations of cash withdrawals without valid documentation.
Hoegh LNG ends Pakistan FSRU deal Hoegh LNG has axed a contract in Pakistan that would have employed an FSRU newbuilding. Much speculation has surrounded the fate of the charter since ExxonMobil pulled out of the project. Hoegh LNG shares slide on ExxonMobil move Today Hoegh LNG confirmed the the termination of the deal signed in late 2016. It was planning to use one of its three newbuildings on the project and today repeated
DCI turns around six-month loss Indian state dredger owner back in black as revenue grows.
BW Offshore notes increased demand for new FPSOs Positive commentary comes as the Oslo-listed company wheeled out solid third quarter financials.
Shell takes Mokster PSV on term deal Supply ship booked for at least four months by oil major off UK.
DHT Holdings sells trio of veteran VLCCs One buyer snaps up $66.5m bundle of tankers from New York-listed owner.
Sincere Navigation logs lower earnings Taiwanese bulker owner hit by fall in revenue in third quarter.
Svanevik quits Seadrill board Orjan Svanevik has resigned his board seat at John Fredriksen's Seadrill. Svanevik is stepping down as a director just a few weeks after ending his short executive stint at Seatankers. The former Aker executive has held directorships with Fredriksen companies since 2014. This September he was appointed chief operating officer of Seatankers but left just five weeks later following a disagreem
Malaysian owners eye $709m fund Government also lines up tax breaks for fleet expansion.
Navios Partners tipped to scrap oldest bulker Cash cow bulker bought back in 2002 now heading for the breakers' beaches.
WEB TV: ferry demolishes building Pelni ship ploughs into port office in Indonesia
Tankers still on course at James Fisher UK owner says recent positive performance maintained so far this year.
Moody's upgrades Navios after bond sale Ratings agency says new debt addresses maturity of 2019 issue.
Standard Drilling expects OSV upturn in spring Oslo-listed company's loss grows in the third quarter.
Euronav makes $7.7m profit on VLCC sale Owner confirms departure of 2001-built Artois to Ridgebury.
Finnlines receives first "jumboised" ro-ro Shipowner says lengthened ships will cut energy consumption per transported unit.
Cosco Shipping capesize fined for speeding Canadian authorities penalise three more owners for not respecting Gulf of St Lawrence restrictions.
Silver Cloud maiden Antarctica voyage cancelled Silversea expects recently converted vessel to be ready for next departure on 1 December 2017.
Eimskip Q3 earnings sink amid higher revenues Icelandic shipping company Eimskip reported net earnings of 8.8 million euros (U.S. $10.4 million) for the third quarter of 2017, falling 6...
Milaha lunches feeder service between Sri Lanka, Bangladesh Qatar-based maritime transport and logistics conglomerate Milaha is launching a direct feeder service between Sri Lanka and Bangladesh, the...
CMA CGM: Four ships currently under construction will be French-flagged French container carrier CMA CGM said Nov. 21 that it's future flagship, a 20,600-TEU container vessel, will be named CMA CGM Antoine de Sa...
Port of Vancouver USA approves $68.5m 2018 budget The Port of Vancouver USA's board of commissioners has unanimously approved a $68.5 million 2018 budget for the port, $16.7 million lower t...
Intermodal rates inch up in October North American intermodal rates in October inched up 1.9 percent from 12 months prior, according to the latest Cass Intermodal Price Index,...
ATA: Truck tonnage ticks up 3.3% in October Domestic truck tonnage in October ticked up 3.3 percent from the previous month, following a 1.9 percent monthly decline in September, acco...
Antwerp Port Authority acquires pipeline operator in $51.7m deal The Antwerp Port Authority will acquire pipeline operator Nationale Maatschappij der Pijpleidingen (NMP) from its current shareholders, Ack...
NRF: Organized retail crime continues to grow Organized retail crime is on the rise, according to the NRF. Organized retail crime (ORC) continues to be a growing problem, according to a...
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