Accident-prevention algorithm sets out to save seafarers' lives UK Chamber of Shipping president Grahaeme Henderson unveils safety algorithmic programme designed to anticipate danger
Navios Partners beats predictions as dry bulk revenues rise 'We think we are in the early stages of a dry bulk recovery,' chief executive Angeliki Frangou says
Slow Chinese imports and firm bunker price add salt to tanker owners' wounds Crude tankers' earnings erode further as overcapacity worsens
Hamburg braced for further consolidation Speculation about two more deals in the pipeline
Erck Rickmers eyes Greek business model after ER Schiffahrt sale German entrepreneur Erck Rickmers tells Lloyd's List that the rationale behind the sale of ER Schiffahrt, including shipbroker Harper Petersen &...
Scorpio Bulkers almost erases losses So far this quarter, the company's daily kamsarmax earnings have exceeded those of the fourth quarter, while ultramax time-charter equivalent...
Capesize earnings slump to six-month low Weakness seen to be only temporary
Vancouver prepares to host supply chain experts Logistics expertise gathers in western Canada to hear news of challenge and change
Daily Briefing Independence means 'we can make decisions very fast', Pacific International Lines' managing director SS Teo says in a rare and...
HPH Trust profits tumble 25% Terminal operator counts the cost of carrier reshuffle
Another knockback for Hamburg Erck Rickmers' decision to sell part of his business empire to a Bremen company represents a further setback for one...
Yard Talk | Will China's shipbuilding bailout lead to capacity cut? Debt-to-equity swap investors albeit state-backed will need to withdraw properly
Insurance will not cover sulphur cap fines
Container shipping recovery shows signs of faltering Overcapacity and lower-than-expected volume rises keep lid on rate revival
Kirby buys Higman Marine for $419m Jones Act barge operator continues to expand capacity and drive consolidation
ER Schiffahrt catapults Zeaborn into Germany's big league Hamburg entrepreneur Erck Rickmers has decided to sell his ship management and ship brokerage activities to Zeaborn
Cochin Shipyard to collaborate with Russia's USC on high tech vessels The two firms will jointly develop high speed vessels, river-sea cargo vessels, passenger craft and dredgers
Fears for tanker and 22 crew missing in Gulf of Guinea The tanker Marine Express, managed by Hong Kong-based Anglo-Eastern, was last seen in Benin's waters early on Friday before contact...
Japanese cruise operator to order new vessels with state subsidy Miyazaki Car Ferry has announced it will replace its two cruiseships by using a government subsidy
ASL Marine warns of more losses amid weak market The shipbuilding and shiprepair company's results are due on February 14
Seaspan adds panamaxes, hires to Maersk Vancouver-based shipowner fills out fleet with first secondary market acquisitions under new chief executive.
Hutchison Port Holdings' profits fall Singaporean port operator trust sees lower revenue and higher expenses for the fourth quarter and full year of 2017.
CR Weber: culling needed for suezmaxes Brokerage's research arm says even disposing pre-2000 vessels could get rates above breakeven.
Marseille Fos posts record year in 2017 French port's box terminals see 1.4 million teu of cargo in sixth consecutive year of growth.
Navios Maritime Partners expects 'significant free cash flow' Owner takes loss on vessel sale but expects fleet growth in a rising market to boost performance.
Norden tipped to sell supramax bulker Firm price has been secured for vessel which is approaching special survey, brokers say.
BG extends Diana panamax at better rate Panamax rates hold steady through first part of first quarter amid overall weakness in Baltic Dry Index.
Rickmers opens up on ER Schiffahrt sale and asset play plans German owner reveals strategic drivers for Zeaborn deal and how he sees his shipping future.
Foremost back for bulkers at SWS James Chao-controlled owner linked to $190m newcastlemax quartet in China.
Scorpio Bulkers beats fourth quarter forecasts by a cent Better than expected results come in a quarter that saw owner end sale and purchase hiatus.
Arctech yard to compensate SCF over delays USC-owned shipbuilder says big penalty due over support ships for Sakhalin-2.
Fearnley Securities begins Capital Product with buy rating Positive rating comes with owner set to renew a host of tanker charters in better market in 2019.
Zeaborn deals in the pipeline to follow Rickmers coup German group has its sights set on a significantly larger fleet, TradeWinds is told.
Anglo Investments strikes second deal with Greek pair Fledgling British owner has bought two additional ships to follow 2017 debut, brokers say.
KfW IPEX-Bank adds $17bn of new loans But 2017 total is down on previous year for German bank.
Wilson orders dry duo in China Norwegian owner signs up with Wuxue Janda for mini-bulkers.
Crewman dies on Greek cargoship Probe begins after 'traumatic' accident on SMN Explorer at UK port.
Erck Rickmers sells ER Schiffahrt and Harper Petersen German shipowner is selling both businesses to Zeaborn Group.
Fincantieri paying $74m for STX France Price revealed as Italian yard signs contract with France.
Gulf Navigation chief Buamim casts the acquisition net Khamis Juma Buamim has eyes on multiple deals after raising capital.
BW Pacific reignites Oslo IPO ambitions Two and a half years on from last attempt, product tanker owner is said to be looking for a listing.
Kirby agrees $419m takeover of Higman Marine US tank-barge giant brings expansion spending to $1.2bn with another fleet deal.
TGS wins rights to 30,000 Mexican wells Seismic survey player makes breakthrough in deal with state regulator CNH.
UOB sells out of Marco Polo after a week Singapore bank sheds $10m stake in restructured OSV owner.
USC and Cochin team up on newbuilds Russian group will help Indian yard with cargoships, ferries and dredgers.
ASL Marine predicts further quarterly losses Singapore offshore vessel and yard group warns of more red ink due to weaker results from operations.
UK government doubles cadet trainee funding More than 400 extra cadets will be trained in maritime roles every year under latest initiative.
Universal Logistics purchases Fore Transportation Warren, Mich.-based Universal Logistics Holdings, Inc., an asset-light provider of transportation and logistics solutions in the U.S, Mexic...
APHIS adds phytosanitary requirements for certain fresh citrus imports from Colombia The Agriculture Department's Animal and Plant Health Inspection Service (APHIS) is adding phytosanitary requirements for certain fresh citr...
Cargo theft in Mexico rises in 2017 In 2017, there were 4,030 recorded cargo thefts in Mexico, an increase of 127 percent compared to 2016's 1,773 thefts, and 266 percent high...
Zeaborn Group acquires E.R. Schiffahrt German ocean shipping company Zeaborn Group has completed the acquisition of 100 percent of the business shares in E.R. Schiffahrt GmbH &am...
UK appoints North American trade commissioner United Kingdom (UK) International Trade Secretary Liam Fox on Monday appointed Antony Phillipson, UK director-general of international trad...
Executive Moves: RightShip, KAG Logistics and Stimson Center RightShip, a maritime risk management and environmental assessment organization, has appointed Martin Crawford-Brunt its new chief executiv...
BCG tells carriers to keep up digitally or be commoditized A new report from the Boston Consulting Group (BCG) urges ocean carriers to rapidly adopt process automation and optimization or be consign...
UPS to start daily, non-stop Louisville-to-Dubai flight UPS on Feb. 27 will start a daily non-stop flight from its Louisville, Ky., hub to Dubai in the United Arab Emirates, adding that it will i...
ELD mandate drives up spot rates When the electronic logging device (ELD) mandate kicked into gear back in mid-December, requiring the majority of the trucking industry to ...
Cushing declines supportive for NYMEX crude backwardation Consistent draws in stocks at Cushing, Oklahoma over the last three months have led to a steepening backwardation in NYMEX crude, even as the broader rally across the oil complex has stalled.
Oil futures fall as Dow Jones Industrial Average plunges Oil futures were pulled lower Monday by sharp moves in equities and currencies, as major US stock market averages declined sharply and the dollar firmed against a basket of major currencies.
Trump administration eyes Venezuela oil sanctions The Trump administration is considering new sanctions on Venezuela's oil sector, but analysts believe they will likely be imposed in stages and not before a presidential election in that country expected in April.
US Interior chief meets with Carolina governors on offshore plan, offers no exemption US Interior Secretary Ryan Zinke met with the governors of North Carolina and South Carolina over the weekend, but offered no assurances that he would exempt them from a federal offshore oil and gas leasing plan, as he did last month for Florida.
Bunker fuel buyer issues letter of protest at Malta over barge delays A bunker fuel buyer has issued a Letter of Protest at Malta over barge delays which were having an impact on bunker deliveries, a source close to the situation said Monday.
Strong winds in Black Sea cause bunkering delays Bunkering operations were hampered over the weekend and into Monday in the Black Sea due to strong winds, particularly at the Russian port of Novorossiisk, sources said.
'No turning back' on 2020 IMO sulfur cap: Kitack Lim Out of a packed agenda for the week, Lim said "undoubtedly the most important item" was discussion of the implementation of the 2020 sulfur cap.
UAE's DP World signs deal with Oracle for new technology, blockchain DP World will use SaaS for incorporating technologies in artificial intelligence, machine learning, internet of things, and blockchain.
Taiwan subsidy for lower sulfur marine fuels insufficient: shipowners Taiwan's plans subsidy to prompt ship owners to comply with the 0.5% sulfur rule from January 1, 2019, ahead of IMO 2020 regulation.
TRADER NOTE: RightShip appoints Martin Crawford-Brunt as CEO Norman will continue to support RightShip as a strategic consultant to the board during the transition process.
Open interest for front-month ICE Dubai crude derivatives slide 25% in Jan The wider EFS has limited opportunities for arbitrage barrels from the West to Asia and raises the value of Brent-linked crudes against Dubai, making the Dubai-linked crudes more attractive to buyers.
FUTURES: Crude slides on rising US production Expectations for tightening of policies from the Fed also weighed on oil prices.
Iran-Russia oil-for-goods deal on track; oil swap with Iraq to begin Under the swap deal, Promsyryoimport would buy up to 100,000 b/d from NIOC partly in exchange for goods, oil equipment and services for Iran.
Iran can raise crude output by 100,000 b/d within days if OPEC deal ends: Zanganeh Higher oil prices will impose fluctuations on the prices in the longer term, the oil minister told journalists in Tehran.
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