East-of-Suez outperforms Atlantic in weak product tanker trades Pre-Chinese New Year fixtures to provide short-term lift in Middle East
Capital Product Partners posts lower profit US-listed tanker company has sold one vessel while acquiring a more modern carrier
Maersk Line and Hamburg Süd rationalise Asia-South America offering Duo announce revamped services as part of carrier integration
Are you free to talk? Freedom of speech should be a consideration when choosing your maritime hub
Navigator joins Enterprise for new ethylene export terminal on US Gulf The new terminal will boost employment for Navigator's fleet of gas carriers
Clock is ticking on scrubber installation Roger Holm says owners should install scrubbers before 2020 as orders continue to climb
Rotterdam and IBM to build port of the future Europe's largest container shipping hub teams up with tech giant for digitalisation initiative to create a 'connected, smart' port prepared...
Taiwan to implement 0.5% sulphur cap in 2019 Move comes a year ahead of the International Maritime Organization's mandate to lower the sulphur cap in marine fuels
Ship's officers get guidance on harassment Booklet promotes gender diversity on board
Daily Briefing Once blocked from developing a container terminal in Long Beach, Cosco is now within grasp of taking control of the...
Brexit impact on international arbitration will be 'zero' Speculation that London maritime arbitration awards would become unenforceable in Europe post-Brexit is groundless
Will 2018 be the year of shipping Initial Coin Offerings? Three ventures want to raise funds to develop blockchain-based systems, but risks could curb investor interest
APMT facing home truths over European terminals As Danish box port operator tidies up its house, could other facilities follow the same path as Zeebrugge?
U-Ming Marine hails 'biggest-yet' contract with 25-year Vale deal Contract with Vale worth $600m adds two newbuild very large ore carriers to the recent wave of VLOC orders
HHI resumes partial yard operations after safety checks The shipbuilder will carry out further safety inspections on its assembly line before it resumes full operations
Wärtsilä sees improved outlook for demand in 2018 More growth opportunities seen in the services business, says chief executive Jaakko Eskola
MOL profit jumps on box and dry bulk shipping recovery Company estimates profit attributable to its parent to reach $92m for the 2017 fiscal year
NYK reports profit on strong liner and dry bulk trade demand Management decides to pay a year-end dividend based on better industry prospects
K Line returns to profit on the back of global trade recovery Japanese group's bottom line has improved but overcapacity remains a challenge
Doosan Engine to power DSME-built boxships for MSC Engines worth $460m are expected to be delivered by July 2019
MPC ContainerShips adds two more vessels to fleet Oslo-listed firm purchased the pair of 2,800 teu vessels for $21.8m
Hapag-Lloyd scraps seven boxships Vessels to be recycled at environmentally sustainable yards in Turkey and China
Cargill terminal strikes may cause ship delays Labour action by employees at local crushing mills said to have caused some backups at port.
GoodBulk flips capesize for 50% upside Clear out of older tonnage comes as Oslo-listed owner takes delivery of bulkers formerly owned by CarVal.
SEB's operating profit narrows for fourth quarter Full-year earnings before interest and taxes (EBIT) for Stockholm-based bank for shipping and other industries jumped 40% due to better domestic market.
Oil CEOs ask Trump to fund VLCC dredging Despite Army Corps agreeing to partner on project last year, dredging still needs funding.
Jason Marine CEO to retire after 35 years Executive chairman Foo Chew Tuck is set to take over for Ronald Tan Lian Huat, who joined the maritime navigation and communication equipment provider in 1983.
Oaktree's stake in Torm nears $390m Major investor has seen its leading holding in tanker owner inch up after capital raise.
GasLog Partners forecasts higher LNG demand New York-listed master limited partnership beats estimates for fourth quarter.
Artificial intelligence enters e-navigation New applications aim to use AI to avoid human error in vessel operations
Life insurance mutual takes major Tidewater stake Northwestern Mutual reveals it is now the third largest investor in OSV player with near $50m holding.
NS United almost doubles profit Japanese bulker and LPGC company sees revenue jump over first nine months.
Ferry McFerryface to be renamed Spoilsport Australian transport minister chooses 'May Gibbs' instead.
Capital Product adds MR, sells another Marinakis company buys modern vessel from parent as profit falls.
Navigator Gas and Enterprise press ahead with ethylene terminal Shipowner and partner say project has backing of Flint Hills and Japanese trading house.
Greek shipowners boast $100bn fleet VesselsValue study places Hellenic owners at the head of the pile ahead of LNG leader Japan.
Iino Kaiun profit margin rising Lower revenue but better earnings mark first nine months at Japanese owner.
BW explains Dorian buy as Lycouris shares M&A thoughts Singaporean group points to price incentive while Dorian executive believes consolidation will involve private owners.
Wartsila banking on marine improvement Shipping technology group's Q4 profit dips, but better times ahead.
Credit committees approve Viking restructuring Final piece of refinancing jigsaw is in place at Swedish OSV owner.
SK Shipping firms up Vale VLOC order Brokers say deal for two bulkers has been signed at Dalian Shipbuilding.
MPC Container Ships strikes again in S&P market
Oslo Axess-quoted asset player adds a third ship in two days to take fleet to 44 vessels.
U-Ming orders VLOCs for $600m Vale contract Taiwanese owner heads to China for big bulkers backed by 25-year COAs.
Total sets sights on next target areas for LNG bunkering Xavier Pfeuty says it is time for shipowners to reassess the economic case for LNG.
Avance Gas VLGC damaged after South Korean prang Ship likely to be out of the market for a spell after collision with tanker.
Warwick Norman leaves RightShip CEO since 2001 finally steps down after 16 years at the helm
Eight missing after cargoship sinks Chinese navy rescues two men from Mongolian vessel carrying sugar to Korea.
Abandoned PSV sinks off Mexico Oceanografia ship suffered hull breach in storm.
Reborn Phoenix expects big profit jump Restructured Chinese bulker owner boosted by better market in 2017.
Baltic to push ahead with ejecting handies from BDI Exchange to override opposition to only having capesize, panamax and supramax vessels in general shipping index
NYK boosted by strong third quarter Japanese shipowner sees profit surge by JPY 10bn compared to halfway stage of FY2017.
K Line returns to profit on stronger markets Japanese shipowner boosted by better performances at most of its major divisions.
Containerships help to raise profit at MOL But Japanese shipowner's tanker operation hit by weaker markets with profit down nearly 48%.
Hapag-Lloyd scraps seven more containerships German owner says vessels will be sent for demolition at green yards in Turkey and China.
Linebarger urges KORUS parties to address market access, implementation issues Cummins Inc. Chairman and CEO Tom Linebarger, who serves as chairman of Business Roundtable's International Engagement Committee, issued a ...
Jawaharlal Nehru Port's fourth terminal opens for business Jawaharlal Nehru Port Trust's (JNPT) fourth terminal commenced operations with last week's berthing of CMA CGM's Centaurus , PSA Internatio...
Port Houston thrives in 2017 Port Houston in 2017 recorded the highest total tonnage ever at 38.3 million tons, surpassing the previous record of 37.8 million tons set ...
Port of Oakland strives to become first port of call from Asia The Port of Oakland is working to supplant the two major Southern California seaports and become the first port of call for some cargo ship...
IATA: Airfreight volumes soar 9% in 2017 Global airfreight demand soared 9 percent year-over-year in 2017, according to the International Air Transport Association (IATA). Global a...
Japan's 'Big 3' carriers continue to grow earnings in FY2017 Japan's three largest ocean shipping companies - Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui O.S.K. Lines, Ltd. (MOL) and Kawasaki Kis...
Officials from NAFTA member countries express support for modernized trade deal A former Canadian prime minister, former Mexican commerce secretary, and former U.S. ambassador to Mexico touted the benefits of the North ...
Commentary: The data land grab The most interesting aspect of the recently announced blockchain initiative between the A.P. Moller-Maersk Group and IBM isn't the technolo...
Freese, Hapag-Lloyd's North American president, retires Hapag-Lloyd, Germany's largest ocean carrier, said its North America president, Wolfgang Freese, will retire after nearly five decades with...
FEATURE: Carbon cap may loom for shippers but sulfur emissions cut commands most attention As the shipping and bunker fuel industries scramble to prepare themselves for a looming cut in permitted sulfur levels in marine fuel, the question of how to cope with likely restrictions on other pollutants is also hoving into view.
Charterers take advantage of cheap Suezmax freight to send fuel oil to East Pressure on Suezmax freight rates have led to a scramble to fix fuel oil cargoes on Suezmaxes to the East.
North American bunker prices up despite US fuel oil stock builds North American bunker prices ended higher for the week ended January 26 despite US fuel oil stockpile builds during the same period of time.
INTERVIEW: Shell sees 'vast majority' of LNG bunkering by barge by 2030 "I believe this is really the year where we go from niche to mainstream in LNG."
External: Wired Bunkering
Total plans 20,000 cu m LNG bunker barge for CMA-CGM supply deal The deal, due to start in 2020, will see Total supply around 300,000 mt/year of LNG to the shipping company.
Tanker owner GulfNav to acquire majority stake in Singapore's Atlantic Navigation GulfNav gets an opportunity to expand its fleet and integrate capabilities across the entire services supply chain through this purchase.
ExxonMobil says to triple Permian production by 2025, expand transportation infrastructure The major's tight oil production, from mainly horizontal wells, is also poised to jump fivefold during the same time frame.
FUTURES: Crude futures trade lower in Asian morning Market taking a cautious stance till the Energy Information Administration data is released later Wednesday.
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