Gulf of Guinea pirates' change of tactics is 'alarming' The majority of reported attacks took place in Nigeria in 2017, but several attacks in neighbouring countries' waters in 2018...
GoodFuels aiming to supply 1m biofuel tonnes annually Fuel provider looking to build up primarily heavy fuel oil-equivalent biofuel supply to meet sulphur and carbon regulation
Soyabean tariff starts to affect freight markets Delayed impact of July trade tariffs is hurting panama and supramax rates as reduced demand and trade switches fail to...
Lloyd's List Outlook 2019: Containers The cautious optimism that carriers expressed for 2018 has not quite come to pass, and there are more sharks still...
TEN sees better times after wider third-quarter loss Tsakos Energy Navigation has struck an optimistic note in reporting its third-quarter results that showed a larger loss than a...
MPC Container Ships commits to more scrubbers MPCC now has 10 firm orders for scrubbers under its option to fit as many as 50 vessels with the...
California boxship calls spike ahead of tariff levies Vessel call numbers bucked the recent downtrend by increasing in October as importers and exporters hurried to ship more cargo...
Norden successfully runs product tanker on biofuel The shipowner completed a trip between Rotterdam and Tallinn on CO2-neutral biofuel without any problems
Daily Briefing This time, it's different? | Exclusive interview with Signal Group's Ioannis Martinos | Ukraine accuses Russia of blocking key ports...
Singapore will ban open-loop scrubbers in port An official from China's Maritime Safety Administration reaffirmed that the authorities had no plans to ban the device in coastal...
The Lloyd's List Podcast: Is shipping getting a good Brexit deal? Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
US indicts two Iranians for cyber attacks on national infrastructure Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri allegedly launched cyber attacks using malware known as SamSam to lock data...
China, Panama meet to discuss future co-operation The US is wary of China's inroads into the region, especially after El Salvador and the Dominican Republic this year...
Wood Mackenzie expects a large shortage of very low sulphur fuels in Asia Despite increased production of compliant fuels, Asia's huge demand for bunker fuels will pose a challenge
Port of Alaska still open after major earthquake Matson and Tote Maritime close terminals as Anchorage port sustains "no significant damage," according to spokesman.
d'Amico flips another MR tanker to Japanese buyer D'Amico International Shipping has inked its third sale-and-leaseback deal of the year. Like two deals made over the summer, the Milan-listed tanker owner sold the South Korean-built 49,990-dwt High Trader (built 2015) for $27m to an unnamed Japanese buyer and signed a 10-year bareboat charter with a purchase agreement at the end. Paolo d'Amico on shipping: 'You have to fight for things you love
Two Top Ships directors resign No reason given for their stepping down.
Tsakos Energy Navigation widens loss Nikolas Tsakos-led tanker owner sees lower net revenue thanks to higher costs in the spot market, misses Wall Street consensus.
Olympic Subsea loss grows in third quarter Stig Remoy-led OSV operator Olympic Subsea is expecting better things from the subsea market despite a bigger third quarter loss. The net deficit was NOK 40.1m ($4.66m) to 30 September, from NOK 36.37m in 2017. Revenue was down to NOK 171.3m from NOK 200m the year before. The subsea/renewable segment contributed revenue of NOK 154m and EBITDA of NOK 60m. All vessels in this division were emplo
Wisdom Marine to order two Japanese-built bulkers The Taiwan-listed owner plans to book a 63,300-dwt unit for $31m and a 61,000-dwt ship for $29m.
PIL founder, 100, is world's oldest billionaire Forbes rich list reveals singular honour for Singapore centenarian.
Ostensjo renews DeepOcean research ship charter Norwegian owner secures firm utilisation until the end of 2020.
ITIC: expert sued over "arson" casualty report Insurer International Transport Intermediaries Club (ITIC) has warned of the potential costs of being an expert called in to investigate casualties. It has revealed a case of an explosion on a yacht in a marina that resulted in an insurance claim. An expert appointed by the insurers to investigate the cause of the loss concluded that the explosion and fire were the result of a deliberate act by
Perea appointed MD of Liberian Registry Anthony Perea has been appointed managing director of the Liberian Corporate Registry. He was previously the boss of global corporate and financial services provider AMICORP. Perea replaces Hilary Spilkin, who left in December last year after seven years to become a self-employed consultant. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the US-based manage
MPCC adds five more scrubbers, agrees charters Oslo-listed owner fixes six vessels lined up for retrofitting.
Navios Maritime Containers set for Nasdaq listing After a false start earlier this year, Navios Maritime Containers is set for its debut on US markets. Navios IPO failure is a reflection of shipping's wider flotation woes According to a filing with the Securities and Exchange Commission Friday afternoon, the Angeliki Frangou-backed boxship specialist has gotten the go-ahead to list shares on the Nasdaq Global Select Market trading under the sym
Avin sells ninth tanker for demolition since early 2017 Greek player sheds 21-year old MR2 tanker at $450 per ldt.
Okeanis meets $45m fundraising target Share issue and investor loan to be used for part-financing of new VLCCs.
Gunvor closes second $1bn loan facility this month Gunvor USA has successfully closed a syndicated $1bn credit facility to support its operations there and in Canada, as well as expansion in Latin America. It said the deal had been "significantly over-subscribed." The charterer, trader and shipowner clinched its first US facility in 2016 for $500m. It was aiming to raise $900m this time and could have reached $1.1bn. The deal was arranged by C
U-Ming sees bulker earnings jump Taiwanese owner boosted by higher revenue in third quarter.
Stena inks new $725m loan as profit dips Swedish group fixes finance for five years as LNGCs and ferries prosper.
Norden to power ships with waste vegetable oil Danish owner will roll out green bunker programme in 2019.
MPCC profit rises as it eyes buyback Oslo-listed MPC Container Ships (MPCC) has seen earnings rise in the third quarter as its fleet expanded rapidly. Net profit to 30 September was $1.17m, from $0.1m in 2017. Its 69 ships produced revenue of $55m, versus $6.99m a year ago. Average time charter equivalent earnings were $10,230 per day, up from $9,841 in the second quarter. MPCC said while it is in start-up mode, its results are i
Singapore bans use of open-loop scrubbers in its waters Maritime Port Authority said decision is designed to protect local marine environment.
Maersk handysize completes 1,000 voyages for ExxonMobil Danish owner says it "tailor-made" ship to optimally suit unique trade between Dutch and French ports.
Restructuring pushes Marco Polo Marine into profit Results at Singapore offshore company buoyed by derecognized debts and foreign exchange gains.
As goes Alaska, so goes TOTE Grace Greene takes helm of Saltchuk subsidiary during a time of uncertainty and optimism for The Last Frontier state.
Trade actions could reduce U.S. GDP by $365 billion Current and possible tariffs could impact U.S. imports and exports valued at more than $1 trillion.
Container industry's overcapacity struggle will continue IMO's low-sulfur mandate and European review of liner shipping consortia exemption creating further uncertainties for the industry.
GSP countries fight to maintain eligibility Representatives of beneficiary countries testified Thursday as the Trump administration reviews eligibility based on worker rights, IP and other practices.
Renault partnering with sailing ship company
U.S., Canada and Mexico formally sign USMCA
First intelligent very large ore carrier delivered
Weather forces closure of several Libyan oil terminals, shuts in crude production: NOC Libya National Oil Corporation said Friday that several of its crude terminals have been closed due to bad weather and that loadings have been postponed.
ARA fuel oil stocks fall 13% on week as cargoes head east Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub dropped 13% or 133,000 mt in the seven days to Wednesday to 904,000 mt, according to data from PJK International released Thursday, as a significant amount of product was drawn east from the ARA region.
European LR freight hits multi-year high on tight supply Freight rates for Long Range 2 tankers (80,000-159,999 dwt) on the key naphtha route from the Mediterranean to Japan surged Thursday with supply of tonnage tight on delays and attractive freight rates on the dirty market, while LR1 rates are also at multi-year highs for voyages to Asia.
Storm continues at Novorossiisk, all operations suspended Strong winds at the Russian Black Sea port of Novorossiisk remain in place, affecting provisional November-loading figures, a spokesman for Russian oil carrier Transneft said Friday.
European ECA may be extended to Mediterranean within a decade: IBIA director "I think it's not a question of if, it's a question of when and how big it's going to be."
External: Global Risk Management
Bunker Holding sees delivered bunker HSFO premium in 2020
Marine scrubber installations may peak at 6,000: Platts Analytics Platts Analytics has forecast that 2,200 vessels may have scrubbers installed by the start of 2020, representing around 500,000 b/d of fuel oil demand.
Port of Singapore unveils raft of new measures to prepare for IMO 2020 "We have developed a comprehensive action plan and are in the midst of its implementation," Tan said.
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