A new blueprint for private equity investments in shipping Alternative asset manager gains substantial control of Teekay Offshore at a low entry cost
New accounting standard will deter ordering activities, says Pacific Basin chief Smaller dry bulker sectors are facing a brighter outlook with improving market equilibrium, according to Mats Berglund
Capital Product Partners secures $460m loan amid tighter profits HSH Nordbank and ING Capital lead six-year credit facility
Barge congestion easing at Rotterdam and Antwerp Delays down from six days to two, but situation is 'very volatile', says European intermodal operator Contargo
Kugs das blog Life on the inside... the making of a maritime journalist
D'Amico's Fiori sees 'proper' product tanker rebound months away Milan-listed product tanker specialist slumps into second-quarter loss
Vale says Samarco will not restart this year News is bearish for capesize market that was relying on iron ore and pellet volumes
Bank loans are available for top containership owners, says Costamare executive Greek owner says very long-term chartering is still not the market norm
Transpacific GRI gains traction as Asia-Europe falters Spot rates on eastbound Asia-US services surge, but Asia-Europe lines fail in latest benchmark bid
Pacific Basin first-half loss narrows amid market recovery Handysize specialist continues its hunt for secondhand supramax ships
DryShips appoints two new directors Current president and chief financial officer Kandylidis becomes director
Containerships should take the lead in using LNG fuel, says Poten & Partners Most LNG-fuelled vessels in service are ro-pax ferries and platform service vessels
K Line's best-laid plans: A price in yen Why K Line disposed of heavylifter SAL, and where it leaves the company's medium-term plans
Indian consulate names companies on seafarer mistreatment Consulate cautions on accepting employment
Sembcorp Marine imposes wage freeze as profit falls 32% Singapore shipbuilder says niche markets in LNG carrier and cruiseship repairs have held up well
Daily Briefing
A tale of two capesize markets Secondhand prices remain resilient despite short-term freight earnings softness
Fortescue ships 170m tonnes of iron ore in 12 months to June Australian miner manages to cut production costs
Mitsui Engineering forecast flips from black to red Japanese shipbuilder delivers downside guidance for fiscal year.
BW LPG puts older ships into joint venture Oslo-listed company had previously been reported looking at selling one of the units.
Capital Product charters MR at lower rate Diversified shipowner also seeking employment for eight tankers, but sees signs of recovery.
Teo Shipping reported to unload oldest ship Ziad Nakhleh-led shipowner sells panamax bulker as values hold steady.
Basile Aloy linked to bulker number four Ebe reported to have purchased a panamax bulker to add to its three trading ships.
Noble accused of gender discrimination One-time head of US oil chartering department files complaint at the Connecticut district court.
Capital Product Partners nets $460m refinancing deal Evangelos Marinakis-backed owner claims major milestone with refinancing package.
d'Amico chief sees 'ample support' for products tanker rates Marco Fiori sticking to his belief the products tanker market is about to turn for the better.
Yangzhou Dayang declares bankruptcy
OOIL pushes up volumes and revenue Tung family-controlled company reports improved numbers shortly after $6.3bn deal with Cosco.
Modec redraws first half profit forecast
Pacific Basin looks to grow $1bn bulker fleet Hong Kong-listed owner seeks further additions with worst of the bulker trough in the past.
Fincantieri deal for STX France thwarted French president Emmanuel Macron decides to temporarily nationalise yard in order to strike better deal.
Namura slashes quarterly loss by 80% Japanese shipbuilder reduces red ink as it pushes up its revenue for the first quarter.
Scorpio Bulkers tipped for fixed dividend Morgan Stanley predicts style of dividend likely for bulker owner but timing still uncertain.
NEWSFLASH: ILWU likely to approve 3-year contract extension The International Longshore and Warehouse Union (ILWU), which represents dockworkers up and down the U.S. West Coast, appears to be closing...
HMM denies reports of $9b growth funding request Recent reports that South Korean ocean carrier Hyundai Merchant Marine (HMM) is asking for almost $9 billion in funding over the next five ...
OOIL revenues rise nearly 24% in Q2 2017 Orient Overseas International Ltd. (OOIL), parent of Hong Kong-based container carrier OOCL, recorded a revenues boost of 23.8 percent year...
No relief from barge congestion in North Europe Shippers are becoming increasingly frustrated and feel "powerless" over the barge congestion occurring in northern Europe, according to a r...
Manhatten Associates earnings steady in Q2 2017 Software and supply chain solutions providerManhattan Associates reported totalrevenues of $154.1 million for the second quarter of 2017, w...
IAG Cargo reports strong Q2 revenue growth IAG Cargo reported commercial revenue of 260 million euros (U.S. $304 million) for the second quarter of 2017, an increase of 7.6 percent c...
SCFI rises 10.5% The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) increased 10.5 percent from last Friday's reading of 837.42 to...
NAFTA trade totals $98.2b in May Photo: Ronnie Chua / Shutterstock Trucks continued to be the most common method of transportation for moving NAFTA freight to and from both ...
Airlines to fight EC cartel fines The airlines who were fined a total of $904 million by the European Commission (EC) in March for price fixing cartel operations are appeali...
FEATURE: Surveying companies find opportunities, risks in Mexico's new open market For seven decades, the state oil and natural gas company was the only operator in Mexico authorized to do exploration, including surveying through seismic, magnetic and other techniques.
Crude futures post largest weekly increases in 2017, prompt ICE Brent backwardated September ICE Brent settled $1.03 higher at $52.52/b Friday, eclipsing the October contract by 30 cents/b.
Rotterdam's 380 CST bunker fuel above $300/mt on firm crude Rotterdam 380 CST bunker fuel at Rotterdam rose above $300/mt Friday on firming crude.
External: Wired Bunkering
ARA fuel oil inventories reach four-month high, despite lower exports Fuel oil inventories in the Amsterdam-Rotterdam-Antwerp region rose by 84,000 mt to 1,171,000 in the week ending July 27, according to data from PJK Consulting.
World Fuel Services reports Q2 bunker sales down 18% on year Marine fuel sales dropped to 1.79 billion gallons in the three months to June 30, from 2.17 billion gallons a year earlier.
INTERVIEW: Bunker supplier Bomin sees 2020 contract talks start early "The big deal for us as suppliers is that we're not going to have the luxury of a rehearsal."
Singapore Aug ex-wharf 380 CST bunker term inked at premiums of $2-$2.25/mt to MOPS Indicating weakening demand for bunker fuel in Singapore.
Taiwan's CPC halts bunkering operations at Suao, Hualien ports on typhoon But bunkering operations unaffected at Kaoshiung.
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