Your future will be shaped by logistics giants The traditional shipping model will become a relic of history, investors should be looking at the world of tomorrow not the world of yesterday
Cosco Shipping Holdings net loss fell to $1.4bn Core container business saw losses of Yuan6.9bn in difficult global market
Rising US oil exports are intriguing subplot to tanker consolidation New trade patterns emerge as owners strengthen fleets
China Merchants Energy Shipping recurring profit falls amid challenging market Chinese owner casts doubt on general consensus that markets will see tankers head south while dry bulkers rise
Worst is behind us, says box maker Singamas Chairman Teo Siong Seng paints a rosy outlook for 2017 as appetite for new containers grows
Capesize gains from Brazil demand But splitting of cargoes may reduce pressure
Europe agrees maritime strategy to 2020 So-called Valletta Declaration to target EU competitiveness, digitalisation and decarbonisation
Arcadia waves goodbye to first tanker Greek owner sells 18-year-old aframax to Chinese buyer for strong price
Neptune Lines expands services to UK and Ireland Greece-based car carrier specialist wins new contract
Michael Parker sets out case for UK flag against Brexit backdrop The first non-executive chairman of the Maritime and Coastguard Agency explains why he sees opportunities for the UK Ship Register as Britain prepares to leave the EU
Show me the Money: Hitting rock bottom After the carnage seen in the 2016 results, the outlook for listed container companies may be about to change, writes Alastair Hill
The Baltic means business The iconic British institution is looking to communication as a defence against Uberisation
China ports giants plot a course through box line consolidation Cosco Shipping Ports goes for port-carrier partnership, while China Merchants Port emphasises the Port-Park-City model
Shipping could escape from EU emissions trading, says DNV GL Sulphur cap edges closer as shipping tries to preserve sovereignty of its CO2 rules
Pakistan's first dedicated coal terminal to begin operations in April Infrastructure projects fuel demand for coal-hungry cement works
MOL buys stake in Malaysian logistics firm Move to help ramp up operations in the nation and Asian region
Maersk expects 2%-4% container volume growth in 2017 Container shipping giant sees room for more consolidation amid vessel oversupply and views digitalisation as an opportunity
TEN raises $100m from public stock offering Proceeds may be applied to vessel acquisitions or strategic investments
Port monopolies and cabotage laws harming Australia's grain trade Businesses face increased shipping costs due to such factors, says Productivity Commission
Fincantieri swings to net profit for 2016 Contributions from cruiseship building business and lower net finance costs boosted the bottom line
Courage Marine narrows losses in 2016 Impairment losses halved as company disposed of dry bulk vessels
DSME bailout plan unlikely to impact overall Korean banking sector Only the policy banks have the biggest exposure, says Fitch
Middle East coal market to provide boost for bulkers Cement plant utilisation, UAE energy policy and Egypt are driving coal demand
International Seaways slips into fourth-quarter loss Impairments and weaker vessel earnings hit OSG's international spin-off
Eagle Bulk sees wide loss on vessel writedowns Supramax and ultramax vessel owner sees top line growth thanks to better freight rates.
KNOT Offshore poised to buy shuttle tanker Mitsubishi UFJ provides $100m loan refnancing, allowing tanker owner to pursue dropdown from parent.
Fourteen Ukrainian seafarers go home Panama Maritime Authority steps in as vessel owner nowhere to be found.
ITF arrests GOL vessel off Aberdeen Union aims to help Indian crew members that it alleges have been abandoned and unpaid for months.
Containership collision caught on video Hyde Shipping's Jan Caribe involved in smashup with small vessel off Nicaragua.
Exmar profit trebles despite revenue slump Antwerp-based energy fleet owner's profit gains on Wah Kwong deal and a termination fee.
Solvang exercises two gasship options Oslo-listed gas carrier owner will bring its ethylene-capable fleet to nine over next two years.
Norden showcases fuel bill reduction Danish owner reveals efficiency project has aided both owned and chartered tonnage.
Tsakos raises $100m in new share offering Tanker owner's new preferred shares shift from fixed to floating dividend over 10 years.
Euroseas proceeds with building of bulker Greek owner will take delivery of kamsarmax from Jiangsu Yangzijiang at a discount.
Malaysia checks N Korean coal carrier Kum Ya briefly prevented from entering Penang in sanctions case.
Don't delay: Hasselhoff cruise filling fast It's time to watch some bays with TV's most popular actor.
Moundreas back in buying mode Greek veteran notches up first capesize buys in two years.
Yamal's Sabetta unveils its secrets Russian president Vladimir Putin in live link with LNG carrier bridge.
Banks extend $500m DSME refund guarantees Six Korean lenders backing restructuring yard's new orders this year.
Evergreen Marine plots $264m bond issue Taiwanese line wants cash to redeem other debt and boost finances.
Beating Torm takeover a highlight for Erling Hojsgaard Departing Norden vice-chairman says resisting bid from then Panayotides-backed rival one of his high points.
Teenage crewman killed in fall on boxship Belgian authorities say new MSC recruit fell 16 metres in cargo hold.
Saga ups dividend as annual earnings rise London-listed company delivers strong result for 2016 and increases payout to shareholders.
NS United launches stock split Investors in bulker owner receiving one share for every 10.
HSH shipping provisions hit $2.15bn German lender blames "difficult" market for huge loan losses, with $9.7bn of its book classed as non-performing.
Aker spends $24.9m to acquire Reinertsen Kjell Inge Rokke-led company takes over troubled compatriot oil services provider.
S&P adopts stable stance on DNB Bank Ratings agency voices more positive view on Nordic lender despite weak shipping and offshore markets.
CDB Leasing misses full-year forecasts Profit rises less than expected during a year in which the Hong Kong-listed firm grew its shipping business.
Cleaned-up bulker back in New Zealand Korean vessel allowed into port after tube worms removed from hull.
COSCO Shipping records $1.4b loss in 2016 China's COSCO Shipping Holdings Co., Ltd. recorded a 9.9 billion yuan (U.S. $1.44 billion) loss for 2016, fueled by weak freight rates and ...
Liebherr supplies Latin America with new container equipment Liebherr Maritime said itdelivered new equipment units to Caribbean and Mexican ports in March. Three new ship-to-shore container cranes w...
MOL acquires stake in Malaysian logistics company Japanese ocean carrier Mitsui O.S.K. Lines (MOL) has purchased a 20.9 percent share in Malaysia's PKT Logistics Group, the company said in ...
Yusen merges Turkish subsidiary with Inci Lojistik Yusen Logistics has merged its Turkey division with Inci Holding subsidiary Inci Lojistik to form a new joint venture company, the third-pa...
Commentary: Canada's two tracks on trade This year will be a uniquely pivotal period for companies that do business in or through Canada. Two geopolitical events are shaping the po...
Commerce ups U.S. Q4 2016 GDP estimate United States gross domestic product (GDP) - the broadest measure of a nation's overall economic health - grew 2.1 percent during fourth qu...
Yang Ming losses double in tumultuous 2016 Troubled ocean carrier Yang Ming Marine Transport saw its losses more than double during a tumultuous 2016, according to the company's late...
Kerry Logistics opens new office in Poland Kerry Logistics Network Ltd. has opened a new office in Warsaw, Poland, the company said Thursday. In its efforts to expand in Europe, the...
APMT Mobile to gain new business APMT Mobile is expecting a significant boost in containerized cargo volumes from Walmart's import distribution center being constructed in ...
Crude futures rally on Libyan outages even as Asian maintenance accelerates NYMEX May light sweet crude settled 84 cents higher at $50.35/b, while ICE May Brent rose 54 cents to settle at $52.96/b.
Closed arbitrage to Singapore weighs on Rotterdam barge liquidity FOB Rotterdam high sulfur fuel oil barge liquidity has fallen away significantly in March due chiefly due to a closed arbitrage to Singapore and weak bunker demand in the ports of Amsterdam, Rotterdam and Antwerp.
Piraeus bunker fuel availability tight on high demand: suppliers Availability of bunker fuel at Piraeus, Greece, is expected to be tight for several days because of high demand
External: Praxis Energy Agents S.A
ANALYSIS: Adoption of new ISO 8217 marine fuel standards set to be slow Ship operators should adopt the new standards as they will give "better protection."
External: Wired Bunkering
FUTURES 2: Crude steady on US product stock draws Crude oil futures held on to overnight gains from a smaller-than-expected build in US crude stocks.
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