Supramaxes gain on US Gulf delays Finely-balanced market reported as vessels stay tied up for longer
Harvey hampers dry bulk loadings Some bulkers facing delays of up to 10 days
Will seasonality be enough to pull VLCCs out of a rut? Rates have dropped further below operating costs, with Middle East-Japan earnings less than $9,000 per day
Westports Malaysia gets preliminary approval to expand container terminals Proposal to extend facilities at Port Klang projected to require investment of $2.3bn
Tanker markets to remain challenging, says China Merchants Energy Shipping Giant VLCC owner warns that market is very cautious about the strength of the conventional rebound in the winter season
Growing clout of US energy sector magnifies Harvey's market impact Harvey is first major storm to hit Gulf Coast energy hub since shale boom began, says Barclays Capital
Ernst Russ takes Marenave stake to just below takeover threshold Mahnke out to scupper Offen, Hamburg sources believe
Largest neo-panamax on the US east coast calls Virginia first CMA CGM Theodore Roosevelt stops at Virginia before officially inaugurating the new Bayonne Bridge
Hurricane Harvey pounds US Gulf grain exports Delay and decay threaten wheat shipments out of Texas
Efforts to board overheated bulk carrier still underway Salvors hope to board the vessel on Wednesday
Container prices to rise further as demand remains strong, says Singamas Hong Kong-listed box manufacturer reports a net profit of $16.6m versus a $36.6m net loss for the year-ago period
Deadline imminent for South Asia, Middle East and Africa Awards Awards will showcase region's notable achievements in a challenging year
SM Group to merge boxship and construction subsidiaries Group aims to increase SM Lines to half the size of flagship carrier Hyundai Merchant Marine
Hapag-Lloyd rules out new orders German carrier is focusing on completing integration of UASC, which is expected by the third quarter
DSME halts sale of defence business Decision comes after Ministry of Trade, Industry and Energy reviewed the proposal and viewed it as not feasible
Enterprise marine terminals stay shut due to Harvey Several other energy and petrochemical processing and storage facilities stay closed due to the storm
Brightoil takes bunkering into the digital realm Group unveils online platforms to allow shipowners to lock in fuel prices as well as charter vessels
Dry bulk market recovery to be slower than was hoped, says BIMCO New vessel deliveries could hinder the recovery
Singapore partners Japan to research LNG-powered car carriers Working group to comprise port authorities of both nations as well as Japan's K Line, NYK Line and MOL
Hapag-Lloyd shrinks losses German carrier continues container shipping's recovery narrative
SS Teo says PIL is not for sale Chairman asserts Cosco Shipping has not approached him with a bid for the business
US Gulf ports oil terminals reel from Harvey floods Corpus Christi and Houston area ports remain shut
Daily Briefing
South Korean authorities form company to support maritime sector New organisation will have up to $4.4bn in capital to assist domestic shipping industry
Waigaoqiao Shipbuilding to defer $570m rig payment via yard-owner partnership Deal involves three jack-up drilling rigs ordered by Chinese state-owned company three years ago
Slow clean-up begins for Houston port Officials assess damages to port facilities with no specific time set for reopening.
Spot tanker rates soar due to Harvey outages Uncertainty around extent of downtime at US refineries has charterers worried.
Hapag-Lloyd places balance sheet ahead of place in record books Rolf Habben Jansen rules out major investments including latest giant newbuildings.
Hapag-Lloyd lines up first dividend payment German boxship specialist will return cash to shareholders should it post a profit in 2017.
Solvang in the red amid weak LPG rates Olso-listed owner turns a loss in the second quarter as it renewes expired contracts for smaller returns.
China Shipbuilding books $95.2m profit State-run Chinese shipbuilder delivers positive result in the first six months of the year.
Olam wins race for Greathorse quartet Singaporean trading house seals first shipowning deal with $80m bulker series.
No Harvey drama for Odfjell Houston hub Chemical tanker owner suffers no damage from the hurricane but expects a small impact on its revenue.
Swan signs up for FSRU Indian developer finally goes it alone with HHI newbuilding
Boxship demolition slowdown 'striking', Bimco says Containership demolition activity has experienced a striking slowdown despite loss-making conditions in the market, Bimco says. Lead analyst Peter Sand says while freight rates are back from the abyss, the rise seems a magnitude beyond their actual performance. Sand says that in June only seven small boxships were scrapped, some way from the 29 ships of 99,899-teu that left for the beach in Janu
Salvors wait to board Bibby Line bulker Resolve Marine team expect the weather to clear up tomorrow to get onto the ship.
Rickmers notes set to delist from SGX German shipping company draws the curtains and says no further payments will be made.
Troim's Borr Drilling cleared for Oslo Bors Drilling newcomer set for main board listing in Norwegian capital despite its short history.
Reach Subsea looks to set war chest to work Expansion on the cards for Oslo-listed company despite frustration at quarterly results.
Hapag makes 'good progress' in first half German owner improves its operational figures and will complete the integration of UASC in the third quarter.
Avance Gas results measure up with forecasts Oslo-listed VLGC specialist says 2018 will be tricky on path to market recovery.
BW Offshore squeezes out second quarter profit BW Group's FPSO arm returns to the black helped by sizeable drop in operating costs.
Drillship blocks entrance to Corpus Christi Paragon Offshore rig runs aground in US Gulf of Mexico port following Hurricane Harvey.
ST Engineering pays $25m for US Gulf yard Singapore group says acquisition offers long value and will enhance its capabilities.
Singapore and Japan in car carrier LNG study Project will focus on technical details such as fuel tank capacities and refuelling requirements.
President Trump's $1t infrastructure spending plan still in limbo To say that in some parts of America, the infrastructure that helps goods flow in and out of the country's airports and seaports is in disr...
Port of NY/NJ container volumes jump 8.4%in July The Port of New York and New Jersey handled 576,947 TEUs in July 2017, an 8.4 percent increase from the same month a year ago, according to...
Grain carrier splits in two en route to Turkish shipyard for repairs The 11-person crew of the Mongolian-flagged grain carrier Leonardo had to be rescued over the weekend after the vessel broke in half as it ...
Singapore, Japan team up to study LNG-fueled car carriers The Maritime and Port Authority of Singapore (MPA) and the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, an...
'Big 3' Japanese carriers join country's first blockchain consortium Mitsui O.S.K. Lines (MOL) will participate in a Japanese consortium aimed at developing a trade data sharing platform using blockchain tech...
Ports, railroads suspend operations as flooding from Hurricane Harvey continues The effects of Hurricane Harvey continue to delay industry operations in the Gulf. The Port of Houston remains closed Tuesday as port auth...
COSCO SHIPPING Ports ups profits in first half 2017 COSCO SHIPPING Ports Ltd. reported profits attributable to equity holders of the company of $384.7 million for the first half of 2017, up 1...
Breathing room for U.S.-Canada softwood lumber talks The Commerce Department has postponed its final determinations for the antidumping and countervailing duty investigations into softwood lum...
SeaIntel: Excess capacity could cause shuttering of Asia-Europe loops in Q4 Excess capacity may force container carriers to shutter or skip sailings on at least two loops between Asia and Europe in the fourth quarte...
Harvey pushes bunker prices higher on Gulf Coast and in Panama amid uncertainty Tropical Storm Harvey is driving up bunker prices on the US Gulf Coast and in Panama as uncertainty mounts over how long the Houston Ship Channel will remain closed and as ships divert to nearby ports including New Orleans.
TANKERS: Partial maintenance at Italy's Trieste port until Sep 10 Scheduled maintenance is underway on berths one and two at the crude discharge terminal in the Italian port of Trieste.
External: Wired Bunkering
Sep Eagle Ford crude delivery to S Korea delayed 1-2 weeks Hurricane Harvey to impact deliveries of some North Asian refiners.
FUTURES: Oil products extend gains as traders assess Harvey fallout
Bomin Group closes Hong Kong office, strengthens Singapore bunker hub Bomin Hong Kong's representative offices in Shanghai, Tokyo and Nakhodka will also be affected by the change.
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