Government scheme to lift LPG demand in India India to import about 14m tonnes of liquefied petroleum gas in 2018
Two cheers for 10-point plans It's probably good that British shipping has been given one, but do we need it?
Maersk Tankers names ex-BP trading head Reed as vice-chairman Paul Reed joins product tanker giant after 37 years at BP
Howe Robinson considers launching own dry index Move is a reaction to the exclusion of handysize from the revamped Baltic Dry Index
Consultancy urges carriers to embrace digital transformation A new report from Boston Consulting Group recommends container lines take on five imperatives to digital success or lose out...
It's digitalisation, but not as we know it The newly released Boston Consulting Group study of digitalisation in container shipping has a vision for our business that many...
Michelle Handforth takes top job at Aberdeen Harbour Incoming chief executive to grow the business amid ongoing port expansion
Carriers fail in final pre-Chinese New Year rate push Predatory pricing strategies hinder spot rate progress on the east-west majors
Daily Briefing Lloyd's List Containers takes a look at those individuals who we think had the most influence on the industry in...
The most popular newbuilding types in 2017 Capesizes and very large crude carriers lead the way as investors adopt risk-averse approach
UK transport department rules out privatising the Red Ensign No parliamentary time to table sell-off, report reveals
Data Hub: World Fleet Update Increasing demand and low levels of layup should prevent another bout of overcapacity, despite record deliveries in January
GoodBulk eyes New York listing on back of frenetic growth Delivery of 13 vessels this quarter will catapult GoodBulk into major capesize ownership league
RightShip appoints Crawford-Brunt as new chief Martin Crawford-Brunt, who starts his new role on March 12, has 20 years of experience in the maritime industry
UK government confirms cadet funding boost Funding boost will see more than 400 extra cadets trained in maritime roles every year
Wah Kwong to name Pareto's David Palmer as CEO Seasoned banker brings experience in M&A and S&P to chief executive role
Oil from sunken Sanchi could have reached Japan Black oil patches seen on shores of Amami-Oshima, Reuters reports
New box demand to buoy container manufacturing sector, says Teo People will seek to replace older boxes amid robust cargo volumes, says PIL chief
PIL stays ahead with nimble footwork Independence means 'we can make decisions very fast', Pacific International Lines' managing director SS Teo says in an exclusive interview...
DSME launches IoT-linked vessel component production system New system enables DSME to produce vessel parts without staff manually reading blueprints
LAST WORD: Ship Market Trend supports seafarers Hong Kong-based banker to donate proceeds from newly published book to the Sailors' Society
Autonomous vessels face regulatory challenges Current global shipping regulations only cover the operation of crewed vessels, says Clyde & Co
Noble Group's sale of four vessels collapses The commodities trader would have had netted proceeds of $30m if the proposed sale had not fallen through
Navig8 Chemical Tankers posts fourth quarter net loss Vessel operating days, however, rose 18% as the chemical tanker market showed signs of improvement
Japan's Kawasaki Heavy Industries posts lower profit after shipbuilding contract loss Sales in the ship and offshore segment were weighed down by a decline in vessel repairs
Li Kelin, 'father' of China's container shipping industry, dies at 76 Legendary figure helped China build a modern competitive containership fleet
Diana Containerships extends time charter with Hapag-Lloyd New employment period to start from February 15
Lewis Carroll deepens Navios Maritime stake US trust brings interest to almost 10% after steadily upping ante in Greek shipowner over the years.
Ezion set to redeem $120m in notes Singapore OSV owner plans to buy back the debt on Monday.
CH Offshore losses widen amid drop in revenue Singaporean anchor-handler owner's revenue falls sharply due to lower charter rates and vessel utilisation.
RBD bulker and crew held in Malaysia MMEA claims Italian ship anchored illegally in its waters.
Danske Bank downgrades Stolt-Nielsen stock Danske Bank has downgraded shares in Stolt-Nielsen after a soft fourth quarter from the chemical tanker owner. Soft quarter for Stolt-Nielsen after Hurricane Harvey Analyst Anders Karlsen dropped the company from buy to hold suggesting its dividend will remain restrained for a period while the tanker market works its way back to health. Karlsen notes that while one-off items and the effects of
Technology expert Reed joins Maersk Tankers top table Former BP executive appointed to the board of Danish product tanker owner.
Sanchi slick 'may have reached' Japan Greenpeace says oil from sunken NITC suezmax could have been detected on Takarajima island.
MPCC sells out $100m bond tap Cash will help Oslo-listed owner buy yet more boxships.
Kaibouk Shipyard buys more of SKG Malaysian shipbuilder investing more in Vietnamese ferry owner.
MOL tipped to scoop Total LNG bunker vessel Contracts for groundbreaking LNG bunker vessel due to be signed today.
Braemar ACM adds dry FFA team alongside Atlantic deal James Kidwell and James Gundy discuss how brokerage is taking a foothold in dry bulk futures.
Veteran Canadian ro-pax sold at auction Queen of Burnaby fetches $0.52m after 281 bids.
Kitanihon books tanker double Japanese yard adds to orderbook with domestic contract.
RightShip brings in Crawford-Brunt as CEO Vetting company replaces founder Warwick Norman with DNV GL man.
OSVs' clients trigger surge of projects on UK continental shelf The number of UK offshore fields set to get the go-ahead in 2018 alone represents a burst of 225% over the past two years combined, according to independent analyst Rystad Energy this week. The rise is higher, at 347%, in terms of the barrels of oil equivalent (boe), as UK activity this year is aimed at 550 million boe of reserves, as opposed 123 million boe over the past two years. "The trend i
MOL boxship adrift after fire; two crew badly hurt Seafarers airlifted from MOL Prestige following engine room blaze off Canada.
Pacific Radiance goes for bond buy Singapore offshore owner wants to issue stock for notes.
Pantheon Tankers adds MRs at STX Greek owner declares options for two tankers at Korean yard.
Braemar strikes again with Atlantic deal Purchase of physical and financial coal brokerage follows just a few months after finance move.
Crane used to rescue yard worker Malaysian firefighters lift unconscious man from vessel.
Ex-Keppel execs arrested in Brazil bribery probe Former head of Keppel Fels Brasil said to be among those detained by Singapore authorities.
Product tanker feared hijacked off Benin Second incident off West African port in as many weeks sees vessel vanish without trace.
Noble kamsarmax sale falls through Commodity trader says buyers failed to achieve board approval before deal deadline.
Hyundai Samho reveals NYK LNG order price tag South Korean shipbuilder says contract is first for Japanese shipowner in nearly 13 years.
Positive train control hearing scheduled for Feb. 15 The Subcommittee on Railroads, Pipelines and Hazardous Materials for the House Transportation and Infrastructure Committee will host a hear...
CESI Wenzhou to serve SINOPEC LNG transport project The CESI Wenzhou , a liquefied natural gas (LNG) carrier ordered by a joint venture that includes China COSCO Shipping Corp. Ltd. (CCSC) an...
PANYNJ begins second review phase for Cross Harbor Freight Movement Program The Port Authority of New York & New Jersey has hired a consultant for the second phase of an environmental review for a project that a...
Li Kelin, former president of China Shipping, dies at 76 Li Kelin, the former president of China Shipping Group, died at Feb. 1, 2018, in Shanghai at the age of 76, according to a statement from C...
UPS to increase investments thanks to U.S. tax reform UPS Inc. has become the latest company to pledge increased investment as a result of the recent passing of the U.S. Tax and Jobs Acts, whic...
Port of Baltimore receives new cranes amid record volumes The Helen Delich Bentley Port of Baltimore received six new rubber-tired gantry (RTG) yard cranes earlier this week to be deployed at Ports...
PhilaPort cargo volumes rise as expansion nears completion The Port of Philadelphia (PhilaPort) has seen cargo volume growth accelerate in advance of the completion of a $392 million project to deep...
Port of Virginia to launch new truck reservation system The Port of Virginia on March 1 will launch the first phase of its new motor carrier appointment system, dubbed the "PRO-PASS Trucker Reser...
SCFI rises 2.9% The Shanghai Shipping Exchange's Shanghai Containerized Freight Index (SCFI) showed continued growth in container spot rates this week, tic...
Oil futures weaken amid stock market rout ICE April Brent fell $1.07 to $68.58/b Friday.
ARA fuel oil inventories slump by 13.5% on vessel loadings Inventories of fuel oil stored in the Amsterdam-Rotterdam-Antwerp region declined by 13.45% to 907,000 mt in the week ended Wednesday.
Marine fuel supplier Australian Bunker Suppliers to begin Cartagena operations Marine fuel supplier Australian Bunker Suppliers will expand its physical operations to Cartagena, Colombia.
Russia's compliance under OPEC/non-OPEC deal at around 100% in January Russia continued to meet its obligations under the OPEC/non-OPEC production cut agreement in January.
FEATURE: No exceptions from insurers in 2020 for IMO non-compliance Insurance broker Marsh has emphasized that non-compliance with the new global sulfur cap for shipping in 2020 could threaten a vessel's insurance cover.
RUSSIA DATA: Jan refining throughput at 24.177 mil mt virtually unchanged on year
Open interest for ICE front-month Singapore HSFO contracts down 29% in Jan Open interest for the Singapore 380 CST HSFO outright swap was down 30.17% at 4.173 million mt for the February settlement contract as of January 31.
External: Global Risk Management
Tight bunker supply in Fujairah narrows spread to Singapore to minus $1/mt Rough seas causing bunkering delays, trade sources said.
FUTURES: Crude higher on weaker dollar amid lack of fresh cues With low and declining inventories in key commodity markets, commodity price volatility will likely rise from the current historically low levels, Goldman Sachs analysts said.
New LNG bunkering facility to start up this year at Sweden's Gothenburg: port authority "LNG will arrive at the LNG facility by trailer or in containers and will be distributed via a 450-metre pipeline leading to the quayside," the statement said.
- 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
