Greek Shipping Awards 2017: Winners unveiled Marinakis, Ioannidis, Martinos and Radziwill among those honoured in front of 1,200 attendees as Maran Tankers and Carras (Hellas) scoop...
Doyle to step down from FMC The departure of Democrat William Doyle from the Washington agency will shift the political balance and leaves a gap at...
Crew of Seaman Guard Ohio cleared of weapons charges in Indian court It is unclear when the crew can return home because the Indian authorities may appeal the decision
Opec casts long shadow over VLCC owners' disappointing winter Spot earnings down 18% counter seasonally as cartel's supply cut expected to be extended
Tanker thwarts armed attack off Yemen Armed perpetrators in a speedboat chased and fired upon Panama-flagged, 1991-built combined chemical and oil tanker
Container ports: Facing up to age of maturity Moderate growth will become the 'new normal', as China's influence on the port sector grows
Daily Briefing Prospects brighten against backdrop of more consolidation
Venezuelan tanker demand tumbles as PDVSA crisis worsens Opec member's November exports fall as Caracas appoints new head for state energy firm following defaults
Houston to host expanded Lloyd's List Americas Awards Awards to include five new categories to reflect changing challenges for the shipping industry
Capesize earnings hit $24,000 per day Iron ore demand keeps capesize market hot
Erck Rickmers poaches two more executives from CPO Investments Move coincides with owner's return to Hamburg and will see a revival of the Blue Star brand
A $10bn thorn in DNB's side Divestment of newly created non-core, shipping and oil-related portfolio at the heart of DNB's business strategy
Yang Ming completes $200m capital injection Box line also looking to offer new shares to private sector investors
Jinhui maintains cautious optimism over dry bulk market recovery Company back in the black for third quarter owing to substantial rise in seaborne trade volumes and Chinese coal and...
Box line consolidation fails to deliver expected rate stability Spot freight prices may keep falling through to February 2018, but cost savings generated by mergers could still deliver improved...
Korea's STX Offshore to cut headcount with voluntary retirement scheme The company is expected to reduce fixed costs by at least 30% with the measure
PSA agrees university deal to develop port technologies Port operator to jointly develop relevant curriculum with the National University of Singapore
MPC Container Ships signs $130m deal for feeder fleet Moves comes after company raised about $175m in gross proceeds from a private share placement
Höegh LNG axes FSRU deal in Pakistan Plans being drawn up to explore alternative destinations for the unit
Local city government urges Seoul to revive Sungdong Shipbuilding City officials deeply concerned that the local economy may collapse amid the struggling shipbuilding industry
Iron ore continues to spark bulker demand despite China's green drive Newbuild deliveries in January may dampen this sentiment
Diana Shipping get 10% rate rise for latest capesize charter deal Vessel to start employment with SwissMarine Services by December 1
Wilh Wilhelmsen pours cold water on talk of bulker buy Rumours of second-hand dry cargo swoop are inaccurate, Norwegian group says.
Evercore more optimistic on Golar New York-listed LNG vessel owner sees delivery of FLNG vessel, project financing and higher spot rates, analyst points out.
DOF seeks $61m equity stake in subsea unit Recapitalisation of subsea vessel owner contingent upon bondholders extending maturity on existing debt.
AIDA Cruises to begin using LNG in Mediterranean ports The Carnival-owned cruiseship company plans to start running LNG-fueled vessels at port and sea next year.
Seanergy, Safe Bulkers fix for Brazil ore trade China's anti-pollution measures largely hitting the domestic iron ore markets, benefiting seaborne markets.
Top Ships takes over newbuilding from Evangelos Pistiolis Public owner pays $3.6m for control of single-ship company behind Mipo MR.
MPC Container Ships poised for second swoop Feedership specialist expected to swallow another fleet fresh from Cido transaction.
Dof fixes trio for subsea work Norwegian owner wins deals in Atlantic and Australia.
Havyard falls to loss in third quarter Norwegian yard says activity was lower than expected in some divisions.
S&P: Maersk must use sales cash to cut debt Standard & Poor's reserves judgement until cash from disposals is allocated.
BW Dry Cargo kamsarmax sales chatter premature Speculation suggesting BW Dry Cargo has sold the first vessel it purchased as part of its asset play project are off the mark, TradeWinds is told. BW Dry plans asset play with $17m sale Chatter in the sale-and-purchase market was connecting Diana Shipping with the 82,000-dwt BW Acorn (built 2010). TradeWinds reported in October that the Oshima-built kamsarmax had been circulated for sale but it
Sovcomflot newbuild makes debut NSR run Dramatic pictures capture the Fedor Ushakov's first trip through Arctic passage to Sakhalin-2 project.
India frees Seaman Guard Ohio crew Court acquits 35 seafarers and guards held since 2013 on weapons charges.
MarLink adds two more boxships in China German owner brings feeder series to eight vessels at Fujian Mawei.
Peninsula Petroleum taps into another $100m UK bunker supplier arranges new financing with HSBC-led syndicate.
Arctic Securities sees opportunities emerging in OSV space Three new buy ratings in enlarged offshore support stock basket at Norwegian investment house.
Jasa Armada to buy 15 ships in $74m IPO State-backed Indonesian owner targets more tugs in December share sale.
ER Group hatches new shipping investment vehicle Blue Star name comes back into circulation with boutique investment platform.
Abandoned vessel to be sold in UK Chaulk Tenacity stuck in Swansea since 2013 after conversion from tanker to MPP.
Eurotankers tied to suezmax purchase Greek owner believed to have added second-hand vessel at a time established players are out shopping.
Capesize spot rates set new three-year high Seasonal upturn adds to optimism for a stronger market in 2018.
Dalian Success inks deal for 10 bulkers Chinese group picks DSIC-linked yard for new vessels.
Ocean Tankers adds another six in China Expanding Singapore owner picks Fujian Mawei for series of 11,000-dwt tankers.
Seven Islands aims to plug VLCC gap Indian IPO candidate wants to take advantage of domestic cabotage rules.
Yang Ming banks $200m in rights offering Taiwanese line pledges to expand service network after successful share sale.
Jinhui sees first quarterly profit for 2017 Psychological boost for Oslo and Hong Kong-listed supramax specialist as it posts positive numbers.
Icon Offshore profit almost cut in half Malaysian oil and gas company sees higher vessel utilization, but charter rates remain weak.
Teekay Offshore eyes potential fundraiser US-listed master limited partnership looking to tap investors for up to $200m.
Trump to set controls on washing machine imports The U.S. International Trade Commission (ITC) will prescribe a set of tariff rate quotas which it believes will help stem the rising tide ...
Doyle to step down as FMC commissioner Jan. 3 U.S. Federal Maritime Commissioner (FMC) William P. Doyle is stepping down from the regulatory body, effective Jan. 3, Doyle said in a stat...
Air Canada-Cargojet partnership comes to an end Air Canada's agreement with Cargojet, a Canadian all-cargo airline, will not be extended once it expires at the end of the year, Air Canada...
Rodolphe Saadé takes the helm as CMA CGM board chairman CMA CGM's board of directors has appointed the shipping company's current chief executive officer, Rodolphe Saadé, to serve as both chairma...
AirBridgeCargo, Sky Fresh sign cargo service quality agreement Russia-based AirBridgeCargo Airlines and Sky Fresh, a Brussels-based tech start-up, have signed a service agreement on digital procedures f...
GPA receives four neo-Panamax cranes Four additional Neo-Panamax cranes were delivered to the Port of Savannah last week, bringing the port's total crane fleet to 30, the Georg...
ACI: Surge in monthly air cargo volumes slows A global surge in airfreight volumes in 2017 slowed somewhat in September, with year-over-year figures falling to 6.8 percent during the mo...
Yang Ming completes rights offering Yang Ming Marine Transport Corp. has completed the rights offering of 500 million new shares at 12 new Taiwan dollars per share, cashing in...
Panama, China sign maritime cooperation agreement Panama and the People's Republic of China have signed an agreement on maritime transport after having established diplomatic relations last...
ICE Brent/WTI spread widens on anticipated Keystone restart A combination of profit-taking and speculation that Keystone will be restarted pulled NYMEX January crude 84 cents lower Monday at $58.11/b and widened the Brent/WTI spread to $5.72/b in the afternoon.
Six Aegean Marine Petroleum Singapore shipping companies wound up Six Singapore-registered Aegean Marine Petroleum shipping companies have been placed under voluntary liquidation.
External: Marine Bunkering(Rotterdam)B.V.
External: Wired Bunkering
Early adopters of scrubbers set to reap higher ROI: DB report Favorable price economics, benefit of minimal installation can be obtained and supply bottlenecks avoided through early adoption of scrubbers.
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