Lloyd's List commends excellence at 2017 global awards Lifetime achievement award recipient recognised for raising standards in shipping and helping to save hundreds of lives
Panamax bulker earnings slashed by 8% Drop may only be temporary due to Golden Week in China and holidays in other parts of Asia
Performance claim halts Höegh LNG Partners acquisition plans Dispute over maximum daily boil-off threatens to derail ownership increase in two FSRUs
Suezmax rates rebound as Nigerian oil production ticks higher Port delays support US Gulf and Caribbean markets
Norden wins 10-year contract to ship salt from Chile to the US Contract to transport 4m-5m tonnes of road salt builds on previous agreement
Global demand sufficient to handle latest boxship splurge Former Maersk man Thomas Eskesen says CMA CGM and MSC orders will have 'little impact' on the current supply/demand balance
Sole Shipping focuses on safe returns in new product tanker deal Head of private equity says creditworthiness is prioritised in leaseback transactions
Appetite for reefers shows no sign of slowing Seaborne perishable trade slated to average 4% growth until 2021, while rising demand from Asian middle classes points to buoyant...
Höegh Autoliners agrees to pay $21m antitrust fine Penalty results from a US Department of Justice investigation into Höegh that started in 2012
Alphaliner sceptical on end of containership oversupply A potential wave of new orders could further extend the supply overhang
Container shipping lines set to grow reefer market share Lack of refrigerated cargo ship container equipment cause for concern, says Drewry
Technology can simplify administrative burden in shipping Crew need to be trained to mitigate risks of increasingly connected systems, says BIMCO president
Former Keppel Shipyard executive accused of corruption and money laundering Former purchasing officer was dismissed from Keppel in early 2016
DNV GL appoints Liv Hovem as new oil & gas head New oil and gas chief will take over from Elisabeth Tørstad
Supramax earnings poised to hit $12,000 per day Market expected to remain healthy in the coming weeks due to balanced supply and demand
K Line to apply new cost-saving application to 120 vessels Application will analyse operating and weather data before recommending cost-efficient solution
D'Amico Tankers signs sale and leaseback deal with shipping fund Deal done for a total of $13m
CSSC-CSIC merger talks rife as listed units halt trading Source says merger is on the cards but no decision will be made before October party congress
US authorities shoot down Jones Act waiver request for Puerto Rico Department of Homeland Security says there are enough US-flagged vessels to transport cargoes to the territory
SM Line to add new container boxes worth $56m Boxes scheduled for delivery by May 30, 2018
UK urged to follow through on talk of transition period ahead of Brexit Continued acceptance of EU regulations in the proposed period essential for shipping, says UK Chamber of Shipping policy adviser
Classification societies put to the test by complex boxship design Bureau Veritas marine chief warns not all class societies ready for challenge
Ognibene steps down at Heidmar Chief executive's exit follows decision by George Economou to block sale of company to Fortress.
Wilh Wilhelmsen in new $640m credit line Multi-line shipping services firm adds to liquidity with Drew Marine deal to be digested.
Oxy Ingleside plans VLCC dock upgrades Energy logistics firm plans to have additional infrastructure for loading big tankers by end of next year.
Jones Act owners: we're up to Puerto Rico task Lobbying arm of US-flag shipping industry says its members more than ready to help island.
Pappas products tanker links dismissed Reports Product Shipping & Trading has added to its fleet are incorrect, sources say.
Sinotrans ultramax goes long as capes cool after Vale boost BDI has slipped back after passing 1,500 points in September for the first time in four years.
Daiwa places a buy rating on Hyundai Heavy Daiwa Securities has taken up coverage of Hyundai Heavy Industries with a buy rating on the shipbuilding giant. Analyst Sung-Yop Chung placed a KRW 175,000 per share target price on the company. Shares in Hyundai Heavy Industries closed at KRW 142,000 each in Seoul today. Earlier this week Hyundai Heavy Industries confirmed its biggest order in five years, a KRW 908bn ($800m) contract for VL
Metal Shark gets teeth into more orders Louisiana shipbuilder clinches deal for five ferries from Hornblower.
Westshore: OSVs facing last major hurdle? Winter and migration of some ships from UK to Norway could be final test of recovery, broker says.
Turkish cargoship banned from Paris MOU UK detention meant DMV's Nihal failed three port state checks in two years.
Braemar closes book on NAVES deal London-listed broker completes swoop into ship finance arena after shareholder backing.
Yang Ming spending another $48m on bulker unit Boxship owner snapping up more shares to tighten control of Kuang Ming.
Watkins exits Maersk Oil after Total deal Chief executive departing but two other executives making switch to new owner.
GOS finds long-term deal for anchor-handler Indian owner banking $3.1m for two and a half year charter.
Norden signs new salt deal with Empremar Danish owner secured work for supramax tonnage with renewed 10-year contract.
Bahri and Bollore team up Saudi Arabian and French groups form logistics joint venture in Riyadh.
Torstad heads new 1,000 strong DNV GL digital arm Oil & Gas boss takes top job at classification society's newly formed division.
Latvian Shipping settles with ex-director Riga tanker owner comes to arrangement in legal action involving Svens Zalitis.
Shell plans next three LNG bunker vessels Major plans to adapt one existing ship and is looking at other units for Singapore and the US.
Stena AB logs lower profit Swedish group hit by declining earnings for tankers, despite higher revenue.
Hoegh Autoliners settles with US over price-fixing Norwegian car carrier owner to pay $21m fine relating to US to Middle East exports.
Boxships set to take more of the reefer market Traditional operators expected to carry just 15% of perishable cargoes by 2020, says Drewry.
Ezion dismisses bondholder redemption bid Company disputes creditor's claim that there had been a cessation of trade in its shares.
Drewry: Container carriers grabbing larger share of reefer market A larger and larger share of the seaborne refrigerated (reefer) cargo market has been captured by container shipping lines in recent times,...
DHS mulls Jones Act waiver for Puerto Rico The U.S. Department of Homeland Security (DHS) is considering a request from a group of congressional lawmakers seeking a waiver to the lon...
RK Logistics opens new Silicon Valley distribution center RK Logistics Group opened a new distribution center in Fremont, Calif., a city in the San Francisco Bay Area. The 50,000-square-foot facil...
Hapag-Lloyd takes delivery of last 15,000-TEU vessel German ocean liner Hapag-Lloyd will take ownership of the last 15,000-TEU vessel in the series of 17 newbuilds originally contracted by UAS...
BluJay snags Temasek minority investment BluJay Solutions, a provider of logistics and global trade management software, this week said it has received a minority investment from T...
Executive Moves: NDTA and Falcon Maritime and Aviation Source: Pressmaster/Shutterstock The National Defense Transportation Association's board of directors selects the next vice president and ch...
ITS, eModal partner on predictive cargo availability pilot A terminal in the Port of Long Beach is working with eModal, a platform that enables appointment scheduling for container pickups, to provi...
CV International acquires Wilmington-based Waters Shipping Co. Norfolk, Virginia-based freight forwarder and customs broker CV International (CVI) has acquired North Carolina-based Waters Shipping Co., ...
Hoegh Autoliners settles cartel suit with DOJ Car carrier Höegh Autoliners has reached a settlement with the U.S. Department of Justice (DOJ) in an antitrust investigation covering U.S....
Vancouver bunker prices surge higher on tight supplies: sources Vancouver IFO 380 CST was assessed at $384/mt ex-wharf, up $11/mt from Tuesday.
US DATA: EIA says residual fuel stocks down on production decline Domestic inventory of residual fuel totaled 36.257 million barrels, a draw of 803,000 barrels from the previous week.
Bad weather at Novorossiisk suspends bunkering for rest of week: sources The Russian Black Sea port of Novorossiisk has been closed for the rest of the week due to high swells and strong winds.
Dry bulk owners weathering 2-year bunker price highs amid stronger rates European bunker prices have hit repeated two-year highs on strong gains in ICE Brent and gasoil futures over the last week.
S Korea's HHI signs deal with Polaris for 10 VLOCs with scrubbers The VLOCs, each 325,000 dwt, will be designed as eco-friendly ships applying to meet environmental regulations and reduce fuel consumption.
REFINERY NEWS: Shell may build SDA plant at Wesseling to meet IMO regulation Shell said it was looking into building a solvent deasphalter plant at Wesseling, in the Rhineland refinery.
East-West HSFO spread hits three-month high on lower arrivals in Asia 380 CST Singapore cargoes were assessed $18.62/mt above 3.5% FOB Rotterdam barges, Wednesday.
European fuel oil cracks plummet to five-month low on crude strength The front-month October FOB Rotterdam 3.5% fuel oil barge crack was trading at minus $8.45/b Tuesday afternoon.
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