AllCargo applying Uber model in cargo slot bookings Mumbai-based logistics company wants to simplify cargo transportation for its customers, Bloomberg reports
US-Asia LNG shipments set to rise but capacity crunch looms Liquefied natural gas trade is set to see strong growth in the next decade, with increased flows from the US...
HSH Nordbank to offload $5bn toxic shipping debt at 60% discount Bank hopes to get deal done by end of second quarter
European box trade facing bumper year Hackett Associates and ISL's Europe Port Tracker projects a 7.3% and 5% hike in imports and exports respectively
Maersk Tankers orders six LR2 newbuilds from Dalian The six vessels will be delivered within a two-year period beginning in 2020, while an option for four more is...
Box lessors maintain market lead over carrier counterparts Container leasing companies accounted for approximately 55% of new equipment orders last year
Last Word: Nautilus' May Day gift Trade union finds internet at sea is often slow and costly so wants to provide a solution
US extends tariff exemptions for EU, Canada and Mexico Month-long delay on fair-trade tariffs for key allies, but South Korea nets a permanent exemption after agreeing to cut steel...
Trafigura taps into panda bond market with $79m sale Trafigura becomes one of the first non-Chinese firms to enter nascent capital market
Oil's rebound fuels Wintermar's top line Jakarta-based offshore player saw a turnaround from 2017 results as offshore utilisation increases.
Diana fixes capesize as rates stay firm Freight markets fall back from April high, but Athens-based bulker owner does get pay raise on latest hire.
BP veteran Peter Backhouse buys up Clarksons shares Non-executive director has hiked his holding in the world's largest shipbroker.
Trafigura claims $79m 'panda bond' first in China Trader and owner says it is the first to place yuan debt in mainland market.
NAT dividend cut 'foreboding,' Maxim says New York-listed company says dividend policy 'will continue to be a priority,' but poor market requires cut.
Stena to focus on liquidity as profit falls Property sales worth $920m gave Swedish group breathing space in 2017.
Capital Product Partners locks in trio at higher rates Brace of boxships and medium range tanker secure fresh employment as profit falls.
Three 'detained' ships leaving Yemen Armed guards on board Evalend and Global Gas vessels as they head from Hodeidah.
MPCC offer 'significantly over-subscribed' Expanding owner welcomes 300 new shareholders on board ahead of listing.
Capesize sale shows firmer pricing in rising market Transaction reflects stronger spot market and positive expectations, brokers say.
Pilots blamed for V.Ships bulker's double grounding Ballast tanks breached in UAE due to inexperience of local workers.
Golar LNG shares tipped for new heights after Hilli loading Analysts say historic loading will see dominoes fall into place for investment story.
Kristian Siem facing Siem Offshore dilution Latest bond buyback could cut holding company's stake by 17%.
Norden deal marks first block in Kirk Kapital exit strategy Copenhagen-listed Norden snaps up pair of MRs from fellow Danish company.
Tor Olav Troim's Borr Drilling sells 14 jack-ups Divestment of older assets come as Paragon deal sets company up for next up-cycle, chief executive says.
PGS' $11m claim against Rieber fails again Bergen court dismisses action by owner over a vessel resale.
China Navigation adds quartet at Wenchong Swire company returns to Chinese yard for bigger boxships.
Milaha makes more in first quarter Qatar national owner boosted by better operating margins in boxship division.
Deutsche Bank cuts loan loss to $107m German lender says shipping sector improved in the first quarter.
MUA demands tougher regulation for livestock trade Union says interested parties need to determine if the industry has short or long term future.
CIMB: Worst may soon be over for Samsung Korean shipbuilder looking to raise prices as it plays down competition for offshore orders, says analyst.
Gibson warns over speculative VLCC ordering Broker also warns that demo levels are set to ease off, despite the weak freight markets.
Singapore High Court blocks Noble AGM Goldilocks fund says it wants a fair restructuring that "keeps Noble alive and sustainable".
Port of NY/NJ container volumes up 9.6 percent The Port of New York and New Jersey, the busiest cargo gateway on the U.S. East Coast and third largest in the country, continues to see it...
Echo turns a corner on record Q1 revenues Echo Global Logistics got itself back into the black in the first quarter of 2018, reporting a net income of $4.7 million compared to a $3 ...
Panama Canal's role in LNG shipping continues to grow The Panama Canal's role in the liquefied natural gas (LNG) supply chain continues to grow at a rapid rate. The 104-year-old waterway, whic...
Redwood Logistics expands in Southeast The Chicago-based third party logistics company Redwood Logistics said it acquired the Phoenix-based freight management services division o...
Knight-Swift revs up earnings, M&A in Q1 Knight-Swift Transportation Holdings Inc., the parent company formed from the $6 billion merger of Phoenix-based trucking giants Knight Tra...
Trump delays Section 232 tariffs for allies President Donald Trump on Monday delayed the imposition of his administration's controversial tariffs on imports of steel and aluminum for ...
EU wants permanent steel, aluminum tariff immunity The European Commission has issued a statement in response to the United States' extension of steel and aluminum import tariff exemptions u...
LILLY opens Mexico City office LILLY + Associates International, a worldwide transportation firm based in Miami, has opened an office in Mexico City. This is the company...
Michigan airport contractor faces conspiracy charges According to the Department of Transportation, Gary Tenaglia and Envision Engineering & Maintenance fraudulently charged the Wayne Coun...
Iran's oil ministry hopes nuclear deal can hold as oil exports climb With crude and condensate exports of around 2.5 million b/d, senior Iranian oil officials are hopeful the country's nuclear deal with Western powers will continue, despite the US threatening to withdraw.
European refiners upbeat despite growing EV buzz, diesel distress The biggest change for Europe's long-suffering refiners is the near-term outlook for global distillates demand after tighter bunker fuel specification kick-in from 2020.
Crude higher after Netanyahu accues Iran of 'lying' Crude futures turned higher Monday during a press conference by Israeli Prime Minister Benjamin Netanyahu in Tel Aviv alleging Iran has been lying about its nuclear program.
INTERVIEW: Schulte Group sees distillates as likely chief marine fuel after 2020: BSM "Most of the time the decision will be to go for 0.5%-sulfur compliant fuel," Campbell said.
FUEL FOR THOUGHT: OPEC needs a clear line on oil prices The group's ultimate goal is to maximize revenues for its members. Putting a number on this target would be helpful.
S Korean oil traders hoping for trade with North Korea Potentially providing energy and refining conglomerates in the South to trade fuel and minerals with the North.
FUTURES 1: Crude falls in Asia, US rig count rises for 4th week But drivers remained supportive for prices in the near term.
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