Carriers target transpacific rate gains ahead of contracting season However, Asia-US spot rates could see further losses before benefiting from a pre-Chinese New Year volume surge
ACL ends Gothenburg calls after 50 years Declining freight rates and poor productivity at Sweden's biggest port see carrier drop Scandinavian calls for first time
The shippers' champion on taming the alliances The FMC's William Doyle reflects on five years of keeping carriers in line for the sake of US interests
Piraeus Port Authority signs collective agreement with union The new labour agreements are valid for two years
Yang Ming incorporates Thailand unit amid Asia expansion Government-backed shipping line's new subsidiary to commence operations on January 1, 2018
Shipbuilding contract cancellations weigh on Triyards results Contracts to construct two chemical tankers had been worth $51m
CDB Leasing orders five newcastlemaxes for $231m Vessels are scheduled to be delivered between June 30, 2020 and February 28, 2021
Court clears Hanjin-affiliated university head of professional negligence The prosecutors' office failed to prove Ms Choi intended to damage the university's endowment fund
Samsung Heavy Industries set to win $200m order for an LNG carrier Incoming deal takes the shipbuilder well past its $6.5bn order target for the year
Marubeni and PTT considering LNG bunkering port in Thailand The bunkering project will complement an LNG-receiving terminal at Map Ta Phut
Flex LNG secures employment for newbuild with Uniper Vessel to begin its 15 to 18-month time charter immediately upon delivery in January 2018
Star Bulk to restart debt principal repayments in January Move comes amid recovery in dry bulk market conditions and the company's business
MSC wins Chinese financing for mega boxships built in South Korea Financing for the $1.5bn order takes shape as MSC confirms nominal ship size at a record 23,000 teu
OSG ends agreement with bank to handle debt US tanker owner will pay principal and interest on $26.4m in senior notes maturing March 2018.
GSCC mourns John D Fafalios Long-standing member of Greek Shipping Co-operation Committee dies.
Sources pour cold water on reports of Genco bulker sales Broker reports say shipowner has fetched $14m for brace of late 1990s-built ships.
Pan-United wins support for Hong Kong port spin-off Singapore-listed firm moves ahead with Xinghua Port float in rival finance hub.
Vogemann bulker heads for new owner Brokers say 2011-built vessel has been sold for just shy of $15m.
Cosco Shipping Energy adds Dacks VLCC pair Order comes in addition to the 15 tanker haul during the fourth quarter.
Glencore banks $579m from HNA storage deal Further cash due to arrive next year when three more assets transfer to new joint venture.
Suezmax brace bound for Bangladesh beach Former Teekay tankers are also turning up off Chittagong awaiting scrap.
Flex LNG fixes first newbuild with three-vessel cheque in post John Fredriksen-backed company inks work for vessel due out of DSME in January.
Ocean Yield set for fresh deal amid rising industry appetite Lars Solbakken says talks relatively advanced at a time owners are looking for new investments.
Marubeni eyes Thai LNG bunkering facility Japanese trading house teams up with country's national oil company for feasibility study.
Triyards sees chemical tanker order terminated Struggling shipbuilding group says it has lost $51m newbuilding deal and it finally posts results.
Northern Drilling exercises floater option John Fredriksen drilling start-up to pay $400m for deep-water rig under construction at Hyundai Heavy Industries.
Star Bulk ends debt amortization holidays early Petros Pappas-led owner to resume payments in the New Year on the back of improving markets.
Sincere Industrial linked to handysize sale Taiwanese bulker owner continues offloading tonnage despite improving markets.
Commerce downgrades Q3 2017 U.S. GDP estimate The Department of Commerce's Bureau of Economic Analysis (BEA) has downgraded its third quarter 2017 estimate for U.S. gross domestic produ...
Is 2018 the year shipping technology becomes self-aware? There's a sentiment in the shipping and logistics industry that's uttered so often it has almost been accepted as fact through sheer repeti...
ELD mandate off to a bumpy start for some drivers The federal rule that went into effect earlier this month requiring truckers to electronically log their hours behind the wheel has already...
Port of NY/NJ ban on older trucks begins next week Beginning Jan. 1, drayage trucks with engines that were built prior to 1995 will be banned from entering the Port of New York and New Jerse...
YRDL to acquire Wuhan Economic Development Port Co. International infrastructure company Yangtze River Development Ltd. (YRDL), which engages in industrial and logistics real estate developme...
U.S., South Korea to begin KORUS amendment negotiations Jan. 5 The United States and South Korea on Jan. 5 will begin to negotiate amendments to the now nearly six-year-old free trade agreement between ...
IFO 380 CST prices in the Americas jump year-over-year on tight supplies Bunker prices in the Americas ended up year over year Friday following the movement of fuel oil prices.
Oil futures end year with NYMEX crude above $60/b Prompt NYMEX crude rose 58 cents Friday to $60.42/b, settling above $60/b for the first time since June 2015.
OUTLOOK 2018: Brent/WTI spread widening proves durable, but contraction likely Path of US production key determinant for spread.
ARA fuel oil stocks hit four-month low on VLCC loading: PJK Fuel oil stocks at the Amsterdam-Rotterdam-Antwerp hub fell 29% in the final week of December.
Bunkering operations at Malta hampered by bad weather: sources Bunkering operations at Malta have been hampered by bad weather.
Panama's November marine diesel sales rise 35% on year Marine diesel fuel sales in Panama totaled 31,532 mt in November, up 8,178 mt, or 35%, from 23,354 mt in the year-ago month.
Hong Kong's Brightoil Petroleum taking steps to meet resumption of trading
These include disclosing the findings of the forensic investigation and taking remedial action.
Singapore's onshore middle distillates stocks hit 3-year low Moving the benchmark to 10 ppm in January may have contributed to low stock level.
2018 Europe fuel oil freight seen under pressure from accepting older ships Decision to accept vessels up to 18 years will add to oversupply.
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