US crude production figures allay pipeline capacity concerns EIA says industry efficiencies in pipeline utilisation and increased trucking and rail transport allowed higher-than-expected production growth
Capital Product sees LNG as 'premature' for tramp owners Jerry Kalogiratos says scrubber talks with some charterers still 'ongoing' after Greek owner strikes deal with HMM for retrofitting five...
EU tonnage tax rules could spell Brexit blow for UK flag Owners relying on the UK's European status to meet tonnage tax requirements will have to reflag to meet state aid...
GasLog reaps benefit of soaring LNG carrier spot rates Monaco-based owner reports highest earnings yet seen from Cool Pool participation, but says that pace of world fleet growth may...
JES confirms shipbuilding closure JES says the judicial managers of its shipbuilding business have failed to submit a draft revival plan on time
Criminals target shipping in spate of attacks off Congo High alert in Congo as three vessels attacked in a day and some 12 crew believed to have been abducted
Daily Briefing EU scrapping regulation could spur wholesale change | CMA CGM completes Containerships acquisition | Bulk sector slowly moving out of...
Maersk Line launches instant box booking platform Maersk says the new system will make booking a container as easy as booking a flight
New ILWU president vows to maintain progressive tradition The incoming team faces a number of key issues in the coming years, not least fending off the potential threat...
Port of Los Angeles evacuated after container explodes Officials speedily ruled out the possibility of terrorism, saying the explosion was likely an industrial accident, resulting from an export...
Baltimore port open, but court papers allege work slowdown
Product tankers set for significantly better 2019, says Lauro Scorpio Tankers chief executive believes the market is being helped by more then just cyclical factors.
Plaintiffs in Texas lawsuit ordered to pay costs to Economou Investors who went after DryShips chief executive in Marshall Islands fraud lawsuit find the tables turned
Zodiac hires key trio as finance division moves back to London Senior Credit Suisse banker, a partner from Ince and a former GlaxoSmithKline director have all been recruited amid a strategic step that defies Brexit concerns
Full steam ahead for IMO 2020 Key meeting sends clear signal that industry must ramp up preparations for new emission controls
How do you decarbonise an industry built on carbon? Shipping's business model would require a rethink if it is serious about cutting emissions
APL delivers for disaster relief to mark its 170th anniversary
Boxship lines drift back to volatile West Africa trades Growing volumes tempt operators to return despite port disputes and congestion
Continental plans to scrap its remaining containerships before 2020 sulphur cap Singapore-based boxship owner says it wants to sell its last five containerships but no deal has been done so far
Benin floats project for FSRU to up gas supply
TMS Cardiff Gas nudges up on-order tally in South Korea
Offer date looms for FSRU trio after Lebanon extends deadline
Do not burn fingers in today's red-hot LNG shipping market Poten & Partners chairman emeritus Michael Tusiani argues that LNG shipowning is becoming 'increasingly risky'
Cosco Shipping LNG runs rule over newbuild berths Chinese owner is expected to order direct at domestic yard for next Arctic project but talks are at an early stage
Yamal LNG to start STS transfers off Norway this month Arctic project could see Arc7 fleet numbers boosted to nine vessels by the end of the year as conventional ships retreat for the winter
Drewry: Don't ignore impact of tariffs on LNG shipping The loss of China-US trade could plague tonne-mile demand growth down the road, even if the impact is negligible currently, says analyst Shefali Shokeen
LNG spot rates hover close to $200,000-per-day mark
Wista champions sustainable agenda
Florida's Seafarers' House's painted stones rolling out festive cheer to seafarers
Aegean Shipping enters aframax into Mjolner pool
Shipping must now prepare for an era of nationalists The election of Jair Bolsonaro to lead Brazil represents the latest example of populists creating a trade scenario in which anything can happen
Bankrupt German owner's LR tanker arrested in Singapore Estoril Shipping ditches product tanker charter then promptly arrests vessel
Martinos set to launch Signal Ocean platform in Singapore Greek owner's chartering market platform is expanding into the Asian tanker arena and dry bulk
GSB Tankers boss Stignor outlines bold plans for growth Chairman of a cross-cultural marriage of companies in Singapore explains the rationale behind the union and how it aims to grow its fleet by 50%
Diamantidis picks up cape from German KG fund Latest buy brings Greek owner's dry bulk spending to $320m over three years
Transnet eyes bright future for trading hub at Ngqura New storage development north of Port Elizabeth led by Oiltanking Grindrod Calulo Holdings has secured oil majors as customers
Eships still hungry for bulkers after growing dry fleet Dubai shipowner confirms acquisition of two supramax bulkers in its second dry bulk S&P transaction under Tristar ownership
Nasdaq gives Pyxis share price go ahead
ESL Shipping owner Aspo takes out $34m loan
Rhine drought drives product tanker shipments to Hamburg Distillates stocks in the ARA region are rising as low water levels induce serious disruption to inland barge movements.
Cyber-attackers target ships through their multiple vulnerabilities Ship antennae serve as easy point of entry to vessel's IT infrastructure, IOActive says
Maritime cyber security comes into its own amid need for resilience Eventual need for regulation is being said will push class to address the small number of cyber-security firms that cover maritime
FSL Trust slashes third quarter loss Singapore tanker owner aided by lower operating costs.
VIDEO: Med storm causes cruiseship crunch Celebrity vessel breaks moorings in Italy.
VLCC demolition tally for 2018 climbs to 36 tankers Dr Peters adds another ship to its own impressive disposal table.
Nordic American Tankers promises higher dividend awaits
Easy boxes? Maersk claims instant booking first
Maritime braces for the next cyber breach Security experts warn that a much more damaging incident than the AP Moller-Maersk NotPetya attack could be just around the corner
AP Moller-Maersk more than a year on from NotPetya cyber-attack Danish shipping giant replaces entire IT infrastructure after June 2017 incident shut offices worldwide
Vulnerable ship types demand targeted cybersecurity approach CSO Alliance director Mark Sutcliffe says future tankers could be used to wage digital warfare, while boxships are quite vulnerable to cyber-attack
Ifchor's HMC brings in Winter for expansion drive Broker's corporate finance arm adds Swiss financier's expertise.
GasLog calls for measured ordering as LNG fire burns bright Peter Livanos-led shipowner's note of caution comes with spot rates at record-equalling levels.
Bondholders okay $3.6m cash switch for Boa OSV Norwegian owner will spend money to keep ship in class for new contract.
Shuttle tankers and FPSOs boost Teekay Offshore cash flows
Provisions rise to $65m at Credit Suisse But third quarter profit rises as costs cut at Swiss bank.
Gunvor appoints returning Muriel Schwab as CFO
International Seaways tanker in sweet spot as VLCC rates pass world scale 100
Four in 10 2018 deliveries still at yards VesselsValue says 44% of scheduled handovers not yet completed.
$1.1bn 100-year Utopia cruiseship project relaunched US owner planning to sell flats for $36m on luxury vessel previously earmarked for Samsung Heavy Industries.
NRP seeks further investments in recovering shipping market
Transal selling fleet of five chemical tankers Turkish owner, part of the Altinbas group, is selling five of its six ships.
Uljanik yard boss quits as losses mount Gianni Rossanda resigns as new rescue plan for Croatian group is devised.
Crew taken from Navig8 AHTS after tanker hijacked and BW LPGC attacked Piracy threat moves up a level with triple raid off Congo.
Olesen moves in as Flex LNG takes SFL CFO Pareto man Aksel Olesen replaces Harald Gurvin in shake-up at Fredriksen companies.
Crew taken from Navig8 PSV after tanker hijacked and BW LPGC attacked Piracy threat moves up a level with triple raid off Congo.
US-China trade spate delays Magnolia LNG terminal Aussie-listed developer says trade tensions have "caused headwinds for LNG transactions".
BW LPG VLGC emerges as Congo hijack target Singapore owner confirms details of incident; expresses concern for safety of bunker tanker crew.
EEX rebrands Cleartrade division in Asia Restructuring part of effort to win more cleared freight business
Seacor rail ferry unit inks Chinese ro-ro deal Expansion of US to Mexico service planned with Wenchong order.
Oil sheds Iran sanctions premium as supply concerns ebb A constellation of bearish indicators drove oil futures well off their opening levels on Thursday.
US still discussing Iran oil sanctions waiver with India: US ambassador The US government and India are still discussing a potential waiver allowing India to continue importing some Iranian crude, the US ambassador to India said Thursday, following a report that Washington has agreed preliminary waiver deals with both India and South Korea.
Iran's first LNG terminal project stalls due to US sanctions Iran's first LNG export terminal project with a planned capacity of 10.8 million mt/year has stalled due to the impact from the US sanctions, a company executive said Thursday.
Enterprise Products Partners to spend heavily on growth projects amid positive outlook Enterprise Products Partners will boost its fractionation and natural gas processing capacity and is in serious talks with potential customers about a proposed offshore crude export terminal, the company said Wednesday as it reported its third-quarter profit more than doubled compared with a year ago.
Lopez Obrador aims to cut Mexico's reliance on US oil, gas: energy adviser Mexico depends too heavily on US oil and gas imports, an energy adviser to President-Elect Andres Manuel Lopez Obrador said Thursday while outlining the country's plans to build new refining capacity and take stock of its nascent energy reforms.
Pemex expects to close year with crude production of 1.82 million b/d Pemex expects to produce 1.82 million b/d by the end of the year and maintain its refining strategy based on profitability over volumetric goals, company officials said.
Rotterdam bunkering operations clogged amid BP jetty maintenance The bunker market at Rotterdam, The Netherlands, is experiencing congestion and delays to loading on top of tight supply, market sources said Thursday.
Panama's August marine diesel sales increase 20.17% on year Marine diesel fuel sales in Panama totaled 28,938 mt in August, up 20.17% from the year-ago month, data from the Panama Maritime Authority showed Thursday.
US DATA: EIA says August residual fuel oil exports to Panama climb on year US residual fuel oil exports to Panama totaled 523,000 barrels in August, up 457,000 barrels from a year earlier, Energy Information Administration data showed Thursday.
HSFO east-west spread hits multi-year highs on Singapore needs The high sulfur fuel oil 380 CST East-West spread -- a measure of the openness of the arbitrage to Singapore from Northwest Europe -- continued to hit multi-year highs on ICE in the European afternoon session as Singapore struggled with availability of on-specification product and the European fuel oil market became ever tighter due to an active Suezmax arbitrage to the city state.
Indian oil corp to start supplying IMO-compliant bunker fuel in Sep 2019: Chairman State-run Indian Oil Corp. will start supplying IMO-compliant bunker fuel from September 2019, months ahead of the International Maritime Organization's deadline of early 2020, the company's chairman Sanjiv Singh told S&P Global Platts in an exclusive interview.
Bunker market struggling to settle after off-spec product alarms The worldwide bunker market is struggling to settle after a series of shocks through 2018, with few signs of recovery as market headwinds look set to linger.
Fuel oil barge MOC traded volumes hit 2018 low in October on product deficit Monthly traded volumes of RMG 380 CST fuel oil in Platts' European Market on Close assessment process hit their lowest this year in October as the fuel oil market faced a lack of product and a steeply backwardated structure.
External: Marine Bunkering(Rotterdam)B.V.
HK-listed Brightoil merges traditional operations with e-commerce for transparency The group is upgrading the e-commerce platform for marine bunkering, which it launched in January 2016
REFINERY NEWS: Exxonmobil starts Antwerp delayed coker The unit will convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel, it said.
Second LNG-powered Aframax tanker worldwide travels across Russian Arctic waters The latest voyage confirmed its icebreaking capabilities and efficiency in the Arctic conditions, said Sovcomflot.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
