MPLX prepares to supply low-sulphur fuel in the US Gulf The facility has the capability to expand its storage capacity to 10m barrels and is permitted to construct a second...
The Interview: Rajesh Unni Founder and chief executive of Synergy Group expects another acceleration in fleet expansion next year. But he is equally keen...
Ship operating costs fall for sixth year, reveals Moore Stephens Bulkers and tankers showed the biggest overall declines in 2017 compared with a year earlier, while a drop in insurance...
Scorpio to install scrubbers on majority of its fleet Company's chief operating officer says the move is 'economically right'
Attica Group makes profit after vessel sales Ferries owner saw first half of the year revenues rise following acquisition of Hellenic Seaways, but this positive position was...
Box congestion now affects Southampton DP World says it is maximising resources on landside and the quay in Southampton to minimise the impact of...
Port of San Diego targeted in ransomware attack US Department of Homeland Security has detected the use of ransomware in the attack that was reported this week
Maersk opposes sulphur cap review proposal Maersk's Simon Bergulf said the company is testing compliant fuels on its vessels and does not foresee compliant fuel availability...
Risks hamper global trade, says WTO Trade will continue to expand, but at a more moderate pace
HMM signs contracts on 20-containership order Three South Korean shipyards are to share work on HMM's plan to take its boxship fleet capacity to 1m teu
VLGC earnings rise close to three-year high Freight earnings for very large gas carriers are at their highest for two years and seven months on the back...
Globus Maritime improves performance on higher charter rates The dry bulk operator evaluates vessel acquisition and disposals as well as debt refinancing to increase its net asset value
Aegean Marine president McIlroy steps down Aegean Marine chief commercial officer Kostas Polydakis will succeed outgoing president Jonathan McIlroy in mid-November
Knot orders two shuttle tankers The tankers will be built by Hyundai Heavy Industries and delivered in 2020
Daily Briefing Atlantic Basin faces compliant fuel shortages in 2020 | Lloyd's List Asia Pacific Awards winners | BIMCO fast-tracks sulphur cap...
Collaboration tools may offer lifeline to smaller carriers The use of shared platforms could ease some of the pain points preventing smaller carriers from working together
Brussels kicks off EU consortia rules review Container lines will be pressing for an extension of the current legal framework, while shipper interests are more likely call...
Shipowners unite to back scrubber technology Carnival, Frontline, Star Bulk and Oldendorff among founders of new lobby group that aims include advocating scrubbers and urging the...
The Lloyd's List Podcast: Tariffs, box woes and the big bunker question Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
Sunny forecast in Miami Beach ASBA rates index should be on the rise in next year largely on recent ordering discipline.
Wells Fargo flags prospect of 'Hanjin 2.0' amid IMO 2020 Concerns over inflationary fuel price pressure and its potential impact on the balance sheet of major container lines has led Wells Fargo to downgrade both two major shipowners and some container lessors. The expected jump in bunker costs connected to incoming emissions laws in 2020 could lead to financial struggles at some container lines, analyst Mike Webber argued. Marinakis cashing in after
VLCC rates hit 2018 high ahead of Golden Week Freight rates have been boosted by charter activity before the world's largest seaborne crude importing nation takes off for a week-long holiday.
Zvezda to build three icebreakers Russian yard will handle construction of Lider-class ships.
EMGS CEO quits for personal reasons Norwegian seismic ship player looking for new boss after resignation of Christiaan Vermeijden.
Samskip adds capacity to Nor Lines run Icelandic owner makes it four ships for Norwegian shortsea service.
Axel Schroeder pumps up stake in MPC Container Ships Dr Axel Schroeder has topped up his holding in Oslo-listed MPC Container Ships. Schroeder, a director of the company, has bought over $180,000 worth of stock, according to details released today. MPCC hedges its bets on 2020 fuel deadline His purchase, at NOK 47 per share, takes his overall stake in MPC to 181,000 shares. Today the shipowner's stock was up 1.28% at NOK 47.60 each, giving the c
Maersk completes NSR trial - but no plans to use it yet Danish owner's Maersk Venta makes it through Arctic ice as a "one-off".
Lloyd Werft appoints third managing director Carsten Sippel joins Rudiger Pallentin and Carsten Haake in running German yard.
Marnavi adds tanker at Wuchang Italian owner declares option for second product carrier in China.
NRP confirms W Marine bulker project Oslo finance house Ness, Risan & Partners has confirmed its involvement in a dry cargo project with W Marine. NRP takes in heavylift pair NRP takes two more Nordic Hamburg handysizes TradeWinds reported last week W Marine had invested in the 93,000-dwt Talia (built 2011) alongside partners using the Norwegian KS system. Christian Ness-led NRP has now announced it has purchased and taken delive
Cargill posts $1bn quarterly profit Chartering giant boosted by trade finance and commodity risk management.
Danske Bank bullish on growing Flex LNG Initial buy rating comes with profit, dividend and growth expected in coming years.
Golden Energy in talks to buy two OCVs Norwegian owner wants to diversify away from tough PSV market.
HMM signs final contracts for 20 containerships Korean owner confirms 23,000-teu and 15,000-teu vessels at DSME, HHI and Samsung.
Saeviks rejig Havyard shareholdings Owning family carries out internal transactions to meet "dynamic financing need."
Seadrill reveals pre-restructuring profit John Fredriksen company made money despite big impairment on three drilling units.
China Merchants looks to take Sinotrans Shipping private Bulker owner has been "unable to fulfil objectives of its public listing" says majority shareholder.
Australia a hot bed for "fly cruises" The land Down Under is a preferred destination for fly cruises among Chinese tourists, says Carnival chief.
Suez Canal chases US LNG export cargoes Egyptian waterway offers hefty rebate for gas carriers sailing non-stop from America to Asia.
Brent notches four-year high as oil complex gains Crude futures settled at multi-year highs on the back of a robust demand outlook
US crude exports and imports fell from June to July: EIA US crude oil exports averaged 2.14 million b/d in July, down from the record-setting average of 2.2 million b/d in July
Japan Aug crude imports from Iran rise 65% on year to 177,475 b/d -- METI Japan's crude oil imports from Iran jumped 65% year on year in August, marking the fourth consecutive month of increase
VPS issues low flash point alert for bunker fuel deliveries in Singapore Global fuel testing company Veritas Petroleum Services has issued an alert over bunker fuel deliveries with a low flash point in Singapore
External: Praxis Energy Agents DMCC
First fuel oil VLCC booked for November from Rotterdam to Singapore The first fuel oil VLCC for November was on subjects to take high sulfur fuel from Rotterdam to Singapore, shipping sources say
TANKERS: HSFO Handysize Mediterranean freight hits five-month high
Shanghai LSMGO price climbs in Sep ahead of Oct 1, 0.5%-sulfur limit The price of Shanghai-delivered low sulfur marine gasoil climbed in September ahead of the application of the 0.5% sulfur limit to all vessels within some of China's Emission Control Areas
Japan bunker prices rise over Aug-Sep on strong demand Japan's bunker fuel prices rose over August and September on a continued preference for Japanese bunker fuel among buyers following Singapore's fuel contamination issue
South Korean crude imports from Iran tumble in August
FUTURES: Crude remains stable amid mixed cues
Trafigura merges fuel and gasoil global trading desks ahead of IMO 2020: sources Oil trader Trafigura has merged its fuel oil and gasoil trading desks globally ahead of IMO 2020
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