Lloyd's List South Asia, Middle East and Africa Awards produce a first as winners are announced Winners include Radhika Menon, who was involved in a daring rescue in the Bay of Bengal, and Tamer Masoud, who...
Unhappy ending for Ardmore's original investor Private equity's mandates are not always a good match for shipping cycles
Bulker runs aground in Indonesia Salvage operation is in progress
Fleet overview: The year of recovery, finally? Economic and trade growth could outstrip fleet expansion in more optimistic scenarios
AM Nomikos sells two capesize bulkers Sale leaves Greece-based company to focus on supramax and ultramax bulker segments
Labour pledges radical policies for British shipping 'I've never seen a skint owner,' says party's shipping spokesman Karl Turner
MRs emerge as tankers' bright spot this winter Spot earnings above $10,000 per day on healthy demand in the East-of-Suez market and refinery maintenance in Europe and FSU
IMO secretary-general signals changes and challenges Rallying cry for the IMO to get in step with the times and use data to inform regulation
Daily Briefing ERCK Rickmers' ER Group appoints two more senior staffers from CPO Investments for a new investment vehicle launching in early...
Ecsa squares up to international competition Incoming secretary-general Martin Dorsman wants to grow EU shipowners' control of the world fleet
Maersk tightens focus with board appointments Executives from carrier and terminal divisions join top table to support transport and logistics division
MOL signs pact with Marubeni and Novatek on LNG transhipment study Gas from the project to supply Asia Pacific region
Rotterdam port joins North Sea wind power consortium Consortium comprised of four electricity and gas grid firms and the port mulling large-scale offshore wind energy projects in the...
SM Line tests real-time vessel monitoring system based on Internet of Things technology The system will allow company to monitor the condition of the vessel and its cargo in real time
Vessel oversupply to hit handysize LPG carriers the hardest Growing long-haul trades to favour very large gas carriers while olefin gas trades insufficient to keep all handysizes employed
Teekay completes Tanker Investments merger Tanker Investments is now fully owned by Teekay
Maersk on track to seal takeover of Hamburg Süd on Thursday after securing South Korea's approval Updated: Both companies need to fulfil requirements including withdrawal from a number of alliances to make the merger approval final
Thoresen Shipping sends older vessel to the scrapyard for $5.4m Transaction in line with company's strategy to dispose of older tonnage that is less competitive and has higher operating costs
D'Amico inks $14m sale and charter deal for product tanker Company to see $7.2m net gain after repayment of vessel's bank loan
Teekay Offshore bolsters North Sea fleet Offshore vessel specialist taps its favoured Korean shipyard for latest fleet additions.
Scorpio Tankers plans new equity raise Owner and operator of world's largest product tanker fleet says new issuance aimed to bolster balance sheet.
Korean Register keeps Panama RO status Korean Registry maintains role in inspection and maintenance regime for the largest merchant fleet.
GRS opens US office in Atlanta New overseas location is 'important step' in company's growth strategy, Global Renewables Shipbrokers says.
Greenbriar completes 'long overdue' $45m Ardmore selldown Disposal sees tanker owner's shares pull back but analysts say uncertainty has been removed.
Steensland makes offer for rest of Solvang Investor group headed by the Oslo-listed LPG carrier's chairman makes play to bring company off bourse.
WEB TV: Bodies found in capsized ro-ro Two seafarers identified inside vessel hit by typhoon off Vietnam.
South Korea sets Maersk/Hamburg Sud merger terms Watchdog orders owners to quit some alliances if they want to combine.
Bondholders take over at Bibby Offshore Refinancing plan will clear debt and give OSV company $66m equity injection.
Anchor-handler rates jump 790% in North Sea Statoil swoops for eight ships as spot market comes close to selling out in Norway and UK.
Court rejects SCF's appeal against $71m damages for Nikitin UK appeals judge rules that compensation is due for lost profit due to Russian owner's freezing order against legal adversary.
Seatrade, CMA CGM restructure VSA deal French line will now market and operate new Europe to Pacific run.
Dof banks $61m and aims for $25m more Norwegian owner launches second offering after selling out first.
Teekay Tankers deal closes TIL story after four years New York-listed owner has finalised the takeover of sibling company to take grip on mid-sized market.
Boskalis expands in subsea with Harkand DSVs Deal with bondholders sees one ship bought for $60m, plus charter for sister.
MOL and Marubeni link up with Novatek on Kamchatka facility Japanese heavyweights pen MOU to develop transshipment hub to assist Arctic shipments.
AP Moller-Maersk trio win seats on enlarged executive board Morten Engelstoft, Vincent Clerc and Soren Toft promotions come as part of group refocusing.
Oman Shipping brings in Michael Jorgensen Middle East owner's new CFO is ex-Norden and Maersk Line executive.
Reach Subsea makes it back into profit Norwegian owner says there are signs of higher activity in subsea market.
Profit on the up at Fjord1 Newly-listed ferry group boosted by growing revenue in the third quarter.
Marinakis helps Greek town hit by flash floods Shipowner says he will do "everything possible" to help the people of Mandra in Athens suburb.
Handysize LPG vessels set to suffer in 2018 But relief is on the horizon for owners as fleet growth forecast to shrink to just 3% by 2019.
Miclyn Express Offshore misses bond coupon payment Singapore-based vessel operator says available cash is being prioritized for operations.
Major Ardmore investor puts its stake up for sale Ardmore plans to buy back some shares from GA Holdings, which has 17% stake in company, and give underwriter option to buy shares.
Thoresen offloads general cargo vessel Thai shipowner says move to offload vessel will reduce fleet's average age to 12 years.
'Ethical' hackers highlight vulnerability in containership load planning processes Pen Test Partners LLP, a so-called 'ethical hacking' company that partly specializes in security testing of maritime control systems, has f...
ICOs entering liner shipping, but will cryptocurrency be accepted? As of early November, investors have plunged more than $3.2 billion into more than 200 initial coin offerings (ICOs) globally in 2017, acco...
CSX trail derails, spills molten sulfur A CSX train carrying molten sulfur derailed in Central Florida early Monday morning, with no injuries reported, a spokesperson for the Jack...
d'Amico Shipping selling tanker for $14m, but will retain control d'Amico Tankers D.A.C., an Ireland-based subsidiary of international marine transportation company d'Amico International Shipping S.A. (DIS...
Port of Tanjung Pelepas receives four new STS cranes Port of Tanjung Pelepas (PTP) recently received four new cranes at 55.5 meters tall, making it the first port in Southeast Asia to have the...
MOL, Marubeni ink LNG joint venture with NOVATEK Japanese ocean carrier Mitsui O.S.K. Lines, Ltd. (MOL) and Tokyo-based investment firm Marubeni Corp., have inked a Memorandum of Understan...
Cass: North American freight shipments up nearly 3% in October Freight shipments in North America were 2.9 percent higher in October of this year than they were during the same month in 2016, according ...
TuSimple secures $55m for autonomous truck testing San Diego-based TuSimple, an autonomous trucking company, has raised $55 million in a Series C funding round led by Composite Capital, with...
AirBridgeCargo volumes jump 15% YTD AirBridgeCargo Airlines (ABC) handled more than 575,000 metric tons of cargo in the first ten months of 2017, a 15 percent increase compare...
Crude weakens over questions about OPEC deal-making ICE January Brent fell 23 cents Tuesday to $63.61/b.
NWE HSFO cracks dip to 9-month low on weaker fundamentals, strong crude High sulfur fuel oil cracks in Northwest Europe have dropped to their lowest level in nearly nine months.
CHINA DATA: October residual fuel imports fall to three-month low of 1.25 mil mt China's residual fuel imports fell 19.9% on the month to around 1.25 million mt in October.
Oil could dive $8/b if OPEC fails to agree nine-month rollover: Citigroup Global oil prices could slump by up to $8/b later this week if OPEC and key non-OPEC producers fail to agree a rollover of their current output cut agreement.
REFINERY NEWS: ExxonMobil aims to start new Antwerp coker early 2018 ExxonMobil said Tuesday it aims to complete construction of the new delayed coker at Antwerp in early 2018.
External: Wired Bunkering
External: Global Risk Management
ExxonMobil's marine fuels meet new ISO 8217:2017 specifications Meeting the new ISO 8217:2017 specifications offers customers' more choice and greater protection.
INTERVIEW: OPEC/non-OPEC cut talks to be guided by fundamentals, not sentiment: Kuwait OPEC governor Ghais, who also chairs the OPEC/non-OPEC Joint Technical Committee overseeing compliance with the deal, spoke to Platts late Monday in Vienna.
FUTURES: Crude falls on uncertainty over OPEC production cut
TRADER NOTE: CMA CGM CEO Rodolphe Saade made chairman of group CMA CGM's move intended to give further impetus to company's growth.
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