Daily Briefing $30m giveaway is a smart tactic, Britannia P&I insists
MPC Container Ships buys two vessels as part of fleet expansion strategy Company to take delivery of the vessels next month
Two birds, one stone What is behind Cosco Shipping's private placement?
Attica Group inks deal to acquire Grimaldi stake in Hellenic Seaways Agreement is latest move in Greek ferry consolidation and also provides for sale of two ships to Italian group
Shippers and shoppers in the sights of ports giant DP World Dubai-headquartered DP World shows that markets can be created that will generate cargo volumes by demonstrating to shippers and forwarders...
Maran Tankers strengthens team with new commercial director Ex-Onassis chartering man brought in for top private VLCC and suezmax fleet
Is the EU Ship Recycling Regulation a lame duck? Twenty-two non-European shipyards are fighting for the EU's good graces, none of which are expected to make the list before...
South Korean bourse to resume DSME share trading Trading of DSME shares will be resumed on October 30
Capesize earnings lose steam after tropical storm hits Chinese ports Environmentally-friendly policies from Chinese congress not good for the market, says Stifel
Last Word: Lloyd's List APAC Awards Lessons in fake news, psychedelic lights, birthdays and an enthralling live band keep things interesting at the Lloyd's List Asia Pacific...
OOCL's third quarter volumes and revenues up Better conditions on Asia-Europe and transpacific trades boost earnings
Transpacific GRIs gain traction Relief at last for Asia-North American carriers, but fourth-quarter supply overhang prompts fears rate rise will be short-lived
Vale revenues leap but Chinese environmental policies confuse outlook Miner expects 2017 iron ore output to be at the lower end of its production guidance
Samudera Shipping offloads boxship and tanker amid Indonesia vessel restrictions Group plans to exit Indonesia domestic trade after vessel disposals
GasLog Partners raises dividend for fourth consecutive quarter, with more increases likely Steady dropdown acquisitions and favourable market outlook for vessels coming off-hire in 2018
GoodBulk to acquire up to 13 capesize bulkers Seller CarVal Investors set to become largest shareholder after initial seven-ship transaction
Armas buys Trasmediterranea in $468m deal Spanish owner snaps up ro-pax and ro-ro rival from Acciona.
North Sea OSV layups gathering pace again Viking anchor-handler exits market, with potentially more to follow.
Capital Product Partners back on growth trail Jerry Kalogiratos says refinancing will allow MLP to look at dropdown opportunities.
Clarksons Platou backs GulfMark recovery Investment bank says restructured owner has potential to more than double equity value.
Schulte sees quicker switch to LNG fuel Director Angus Campbell sees carbon dioxide rules driving a greater dash to gas.
Fugro scoops Canadian survey job Dutch owner teams with AGI for work off east coast.
Pair of capesize bulkers head to demolition Demolition sales for two capesize bulkers were under discussion this week amid a lively secondhand market in which the scrapping of large units has become something of a rarity. Brokers report that Sinokor Merchant Marine of South Korea is selling its 161,000-dwt bulker Silver Express (built 1995) for demolition. One says the vessel, which was purchased as Aquabella in November 2012 from Pete
OOIL top line on the rise as Asia-Europe trade improves Hong Kong-listed container line reports improvement in revenue for third quarter.
Triyards hit by more claims Suppliers pursue cash as Singapore yard keeps talking to banks.
Downgrade for Dorian as DNB drops VLGC forecasts Nicolay Dyvik and colleagues revise VLGC rate expectations amid lower US exports.
Ezra seeks more time for restructuring Singapore offshore owner wants 120-day extension to US process.
MPCC buys Lomar, FSL boxships Expanding Oslo-listed owner brings fleet to 25 vessels with latest deals.
Polarcus reduces loss as it targets further cost cuts Polarcus has reported a lower loss for the third quarter thanks to what it called robust activity over the summer months. And cost saving efforts will continue with vessel operations jobs centralised at its head-quarters. Duncan Eley-led Polarcus booked a loss of $9.1m in the three months to the end of September, down from the $17.4m red figure at the same stage a year ago. The shipowner says t
Mogster builds Dof stake as Mohn sells out Offshore owner's chairman lifts holding to 58% in share transfer.
Pangaea Logistics steps up to plate with supramax buy Nasdaq-quoted company has bought its fourth bulker this year as disciplined growth continues.
Bonheur completes $61m bond sale as loss grows UPDATE: Fred Olsen holding company closes Oslo fundraiser after weaker third quarter.
Fujian Yonghang inks bulker order Chinese owner picks Fujian Southeast for new handysize.
OCBC flags continued stress in oil and gas Singapore lender said non-performing assets rose 15% mainly led by accounts in offshore sector.
ASEAN crude imports to double by 2040 Region's energy demand to grow by two-thirds over next 20 years, says International Energy Agency (IEA).
GoodBulk to buy up to 13 CarVal capesizes John Michael Radziwill dry vehicle to pay for ships using stock and take on existing borrowings.
WTO stands behind U.S. 'dolphin-safe' labeling The World Trade Organization said the U.S. government's "dolphin-safe" labeling requirements for tuna complies with the trade body's rules....
PANYNJ adopts new board ethics code In the wake of the replacements of its executive director and board chair, the Port Authority of New York and New Jersey (PANYNJ) has adopt...
Union Pacific ups Q3 earnings despite Harvey disruption Union Pacific recorded a net income of $1.2 billion for the third quarter of 2017, a 6 percent increase from the third quarter of 2016, des...
Milaha profits down 52% year-to-date Qatar Navigation (Milaha) posted a year-to-date net profit of QR 363 million (U.S. $96 million), a 52 percent reduction from the QR 759 mil...
Delphi Automotive to acquire nuTonomy for $450m Delphi Automotive has inked an agreement to acquire startup software provider nuTonomy, Inc. for $400 million and earn-outs totaling approx...
GLP moves forward with privatization plans Singapore-based warehouse operator Global Logistic Properties, Ltd. (GLP) has dispatched to shareholders the scheme document in relation to...
CN to hire 600 crew members in Western Canada Canadian National (CN) Railway is looking to hire 600 conductors and crew members, particularly in Western Canada, due to higher-than-expec...
Spot container rates rise on Shanghai to Europe, U.S. trades The Shanghai Shipping Exchange's Shanghai Containerized Freight Index rose 8 percent since last Friday's reading of 747.38 to a reading of ...
COSCO SHIPPING Ports thrives in Q3 2017 COSCO SHIPPING Ports Ltd. recorded profits attributable to equity holders of the company of $67.2 million for the third quarter of 2017, su...
Panama Canal launches emissions calculator to reduce CO2, show shipping costs The Panama Canal Authority is now providing shippers transiting the canal a tool to assess their carbon emissions and calculate their cost savings for taking that route between the Atlantic and Pacific oceans against the Suez Canal or around Africa.
ANALYSIS: Japan implements new refining regulation; impact on crude uncertain Japan's Ministry of Economy, Trade and Industry on Friday implemented new regulations under which refiners have to raise their residue cracking volumes.
Total, Eni upbeat over impact of IMO sulfur cap on refining margins European oil majors Total and Eni are confident they are well placed to benefit from a switch to tougher sulfur limits for marine fuels that will be imposed from 2020 onwards.
Japan bunker fuel market faces more disruption as second storm approaches Japan's bunker fuel market has once again been hit by delays, cancellations and barge congestion issues as it grapples with the approach of yet another storm this weekend.
East Med bunker prices near 28-month high on tight HSFO Bunker fuel at Malta and Istanbul reached its highest price in over two years.
External: Wired Bunkering
Shipping's focus on carbon emissions to hasten pace of LNG bunkering "We need to help the members to kick-start the industry," Walter P. Purio, CEO, LNG Marine Fuel Institute, said.
FEATURE: Pricing diversity helps keep Russia the top crude supplier to China China's demand for Russian crude unfazed by Brent-Dubai volatility - Narrow Brent-Dubai spread boosts demand for Urals - Wide Brent-Dubai EFS spurs demand for ESPO
FUTURES: ICE Brent holds onto overnight gains, hovers around $60/b
INTERVIEW: Germany's BSM bullish about LNG bunkering ahead of IMO's 2020 rule "We are advocating LNG fueling for newbuilds," Campbell says.
FEATURE: Reformate arb from ARA to China slows, but high exports anticipated An aromatics market source said that November 10 could be the deadline among blenders to get molecules on the water and out to China.
Oil market balance contingent on OPEC/non-OPEC cut extension-- PAJ chief - Kimura sees slight market oversupply in 2018 - Trump threats on Iran not a factor in Japan's import decisions - Iran is Japan's 6th largest crude supplier
Saudi Aramco buys Gunvor's stake in major Rotterdam terminal Acquisition set to complement Saudi Aramco's export activities in Europe.
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