COSCO answers FAQs regarding acquisition of OOIL/OOCL
Maersk Line moves record breaking break-bulk cargo from South India to China
Second in a series of seven 14,000-TEU class magenta containerships enters ONE fleet
Ministry of Shipping organises brainstorming session on promoting transhipment of containers in India
NMPT mechanising two of its berths
Sea Cargo Manifest & Transhipment Regulations 2018 to be now effective from Nov.
FIATA highlights importance of SDG to sector
Mahindra Logistics does well in Q1
Cabinet approves extension of Concessional Financing Scheme to support Indian entities bidding for strategically important infrastructure projects abroad
Navios in no rush for scrubbers as dry market heats up Angeliki Frangou does not rule out retrofits but says it will pay to wait before making a decision
Europe set to import more US soyabeans A grain trade consultant expects that European imports from the US will rise to 4m tonnes in the second and...
GasLog's second quarter falls short on softer spot rates Chief executive Paul Wogan says rates have rebounded since April trough and he sees improved earnings from spot vessels in...
Bulker write-off linked to fertiliser cargo All 23 crew on board the 2012-built Isle of Man-flagged bulker were evacuated safely
Feeder boxships lead newbuild markup A surge in investments comes as market talk circulates about Evergreen and Wan Hai pondering orders for more than 30...
Firm support for smaller boxship classes Despite a slowdown in scrapping, fundamentals support strong valuations
Australia to tighten port state inspections on boxships More tests on boxship stowage plans following loss of containers from YM Efficiency
LNG orderbook worth $22bn By the start of June, the 2018 orderbook stood at $6bn, according to Clarksons
Inmarsat's maritime unit has another 'solid' first-half performance The leading maritime satellite provider recorded a marginal drop in maritime ebitda
MSC finances China scrubber retrofit programme BNP Paribas and Sinosure to back conversion work at Chinese yards
Teekay cuts second-quarter losses as LNG unit outperforms New York-listed company expects $110m liquidity boost in next 18 months from a number of tanker financing initiatives
Hutchison Ports sees slight dip in half-year box figures Healthy volume growth in Europe was unable to boost Hutchison Ports' overall traffic figures, as domestic and Chinese volumes disappointed...
Viewpoint: Mind in neutral If watchkeepers must be present, they are better engaged with the task of navigating and not relegated to overseeing equipment
Daily Briefing Cosco says OOCL to remain an independent brand | SC Lowy leads 'largest ever' Italian shipping debt deal | Shipping...
Nigerian pirates kidnapped 35 seafarers in the first half EOS expects the instability in the Niger Delta to increase in the run-up to Nigeria's 2019 general elections, which could...
Lindblad Expedition returns to black New York-listed expedition cruise company records higher revenue amid greater capacity and demand.
StealthGas lines up sales of smaller LPGs Acceleration of disposals has gone hand in hand with fleet renewal programme
Tough competition looms in Equinor VLGC tender Several owners in the frame as Norwegian energy group seeks bids for tonnage
Greek brokers secure commission after lengthy legal fight Buyer's representative ITCM and broker George Moundreas & Co reach out-of-court settlement with seller that covers full commission plus legal expenses
Brovig back in black after seven years
Norway's Sole Shipping set for more sale-and-leaseback deals
Yagerman ditches Aegean for Invesco Veteran analyst and finance man will have say in legacy WL Ross & Co funds, including shipping accounts
Mexican firm holds large chunk of Seacor Marine Holdings US-based offshore services owner stacks $200m in 'shelf filing' and helps existing holders, including Mexican partner, to prepare for investment exit
Stena Bulk and Teekay to scrap shuttle tankers
Don't bet on cheap HSFO if not enough ships have scrubbers High-sulphur bunkers might not be such a good option after 2020, as the number of vessels with exhaust-gas cleaning systems may be too small to make a difference
CSBC lands $500m Yang Ming feeder boxship order Liner company will pay an extra $2m-plus apiece for up to 14 high-spec vessels
Fuel contamination crisis may be a foretaste of 2020 problems Trouble caused by bunkers in Houston and Singapore is an indication of what could lie ahead when the new global sulphur limit kicks in. The IMO should listen to shipowners' concerns
Casualty probe finds steering gear at fault in triple collision
Cruise lines send out 'clear message' over use of cleaner and cheaper LNG Significant portion of LNG-powered ships on order are headed to the cruise industry
NYK picks up option for second Hyundai vessel
Trade is running hot in the ice cold Arctic As Russia seeks to make the Northern Sea Route its own, China aims to defend its interests - and the fragile environment faces ever-greater risks
Arc4 LNG carrier takes Northern Sea Route Yamal project prepares to start up its second production train next week ahead of the delivery of specialised newbuilds designed to serve it
Yamal eyes site off Kirkenes for LNG STS
BW behind LNG carrier to FSRU conversion job Job at Keppel Shipyard will provide a floating regas unit to market by year-end
Saipem upbeat as it continues to win new contracts
London appeal judges say HNA torture allegations 'irrelevant' Unresolved doubts over confessions should not have influenced decision in $68m capesize charter default case
Brit Global Specialty axes loss-making yacht insurance lines Lloyd's syndicate begins shake-up of marine division as London market gets tough on business plans
LNG gains momentum as fuel for cruiseships But expedition operators face hurdles adopting the cleaner fuel choice due to a lack of remote bunkering ports
Court orders second auction for Vermont UM bunker fleet
Chios lands three-year deal for newbuilding Greek shipowner has chartered tanker to ST Shipping in a deal with a profit-share element
SK Shipping signs up for MR tanker at Hyundai Mipo Newbuilding believed to have been ordered against charter from Cargill
Baltic gets tipsy on Lloyd's bank account as golf match proves hit
Royal Caribbean sees higher profit Miami-based cruiseship owner beats Wall Street consensus amid more revenue.
Jinhui sells third supramax bulker of the summer Oslo and Hong Kong-listed owner ships out third veteran vessel in quick succession.
First Ship Lease swings back into black Diversified shipowner registers a profit for the second quarter amid positive operating results.
CLdN Cobelfret secures funding for Korea newbuilds KfW IPEX-Bank supports order at Hyundai Mipo for ro-ro pair as owner pushes ahead with fleet plan
Hornbeck flags up liquidity repayment crunch Offshore giant says market recovery needed to repay senior notes in full.
GasLog positive amid second quarter loss Shipowner points to large long-term demand and likely upturn in earnings.
Oman Shipping Company celebrates moving VLCC chartering in-house Tanker heavyweight tallies up first year of fixtures after pulling ships from pool.
Teekay Offshore joins LNG powered aframax club with Samsung pair Chief executive toasts important milestone as newbuilding brace confirmed.
Teekay Corp thanks FPSOs for rising cash flow New York-listed group sees overall upturn in results for the second quarter.
Shipowners in $6bn dash for LNG carriers Clarksons Research says investment in new tonnage comes amid "strong growth phase" for global LNG trade.
Second VLCC purchase rebuilding Zodiac presence Eyal Ofer company adds to vessel bought from Wah Kwong last year, while CM Lemos signals further retreat from large tanker sector
Teekay Tankers in second sale-and-lease back deal Owner expects $110m liquidity boost from 13 tankers sold in transactions since May 2018.
Attack highlights threat to Middle East oil shipments After Yemeni rebels' assault on VLCC, industry looks at alternatives to using vital Bab el-Mandeb Strait
Seaspan beats the street in second quarter Company benefited from extra tonnage plus continued positive repricing on panamax fleet.
Hornbeck Offshore records $25m loss in second quarter US-listed OSV owner remains in the red for second consecutive quarter.
K Line car carrier Makassar Highway refloated Fuel reported to be leaking from the car carrier but containment operations underway
NYK picks up option for second Hyundai vessel Japanese shipowner looks set to take delivery from Korean yard in late 2020
Fresh Del Monte: Transportation costs spoiled Q2 Fresh Del Monte Produce said its transportation operations were hit with both a figurative and literal "perfect storm" in the second quarter.
Djibouti improperly seized container terminal An arbitrator on Thursday found the government of Djibouti improperly seized control of the Doraleh Container Terminal from DP World in February, according to a press release from the government of Dubai.
Outlook for global container port demand positive The medium-term outlook for global container port demand growth "is positive thanks to strong underlying economic momentum across the world's major economies," says Drewry.
Chairish sets up shipping service for home goods Chairish, an online marketplace for furniture and home decor, has launched a packing and shipping service for its sellers.
Trucking industry logs problems with device mandate The Federal Motor Carrier Safety Administration's electronic logging device mandate appears to be causing problems across the trucking industry, according to data from the OOIDA Foundation.
Senate sends CFIUS reform act to president The Senate passed and sent legislation to the president for signature on Wednesday that would reform operations of the Committee on Foreign Investment in the United States and revamp several areas of export controls.
Executive Moves: PINC and Masterpiece Chris Sultemeir has been appointed to the board of directors of warehouse drone provider PINC. Masterpiece International has promoted Susan Erfesoglou to vice president of operations.
EU still largest U.S. soybean importer The European Commission on Wednesday reported that European Union imports of U.S. soybeans in July showed an increase of 283 percent at 360,000 tons compared to the same period last year.
XPO nearly triples Q2 earnings XPO Logistics increased its net income attributable to common shareholders nearly 189 percent year-over-year in the second quarter of 2018 to $137.5 million, according to the company's most recent financial statements.
US senators propose sanctions on Russian oil production investments Sanctions would target Russian economic interests should they interfere in future US elections.
Handful of shippers profiting from dwindling Iran-Europe oil trade High freight rates from the Middle East to Europe propping up profits.
TANKERS: Panamaxes cleaning, switching to clean markets ahead of IMO 2020 Positioning themselves for increased ton mile demand, higher revenues in LR1 sector.
Iraqi southern crude exports hit record high in July The exports comprised 2.70 million b/d of Basrah Light crude and 843,000 b/d of Basrah Heavy.
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