Daily Briefing Erck Rickmers tells Lloyd's List that the rationale behind the sale of ER Schiffahrt business to relative Zeaborn Group can...
British shipping must concentrate on its short-term strategy The UK government is planning a maritime strategy for 2050 without yet knowing what, politically, 2019 will bring
Bain now sole suitor for Giuseppe Bottiglieri Shipping Italian family-run company set to be relaunched with support from Bain Capital
Killing of Cosco manager in Karachi may give China pause in its overseas expansion If the incident proves to be a targeted attack, the motive behind it should not be taken lightly
Trucking capacity issues causing delays at US ports New regulations, strong demand and driver shortfalls drive up prices and add to intermodal backlogs at east coast and Gulf...
What lies ahead for tanker shares? Low share prices present opportunities for the sector but pitfalls remain
Grayling sets his sights on radical maritime strategy UK's Maritime 2050 could see more government investment for post-Brexit trade initiatives, infrastructure and regulation
Global box traffic up nearly 5% in 2017 CTS data reveals biggest volume lift since 2014, but softening fourth-quarter volumes dampen full-year result
Taiwan linked to ship-to-ship petroleum transfers that dodge North Korea sanctions Confidential report made to UN Security Council sanctions committee
Weak spot earnings weigh on DHT results New York-listed tanker giant still outperforms general markets and extends front cover
Total and MOL to build LNG bunker vessel The 18,600 c um floating gas station in particular targets CMA CGM's newly ordered ultra large containerships
V.Ships set to swoop on Norddeutsche Move comes after banks ordered founder and proprietor of the Norddeutsche Bernd Kortüm to find an outside investor
Korea forms committee to iron out maritime support entity details Committee will be responsible for firming up operation procedures for Korea Ocean Business Corporation
CMPort agrees $480m acquisition of Australian coal port Move marks Chinese port giant's first investment foray in Oceania
Japan to fund research on IoT and AI for shipbuilding industry Subsidy recipients will study how to apply IoT and AI technologies to manufacturing processes within the shipbuilding industry
HMM and AAL launch joint multipurpose vessel service New service will connect China, Korea, Japan, Indonesia and Singapore with the Middle East via both the Gulf and Red...
Hijacked tanker Marine Express recovered off West Africa All crew members are reported to be safe and well
Cosco Shipping unit's manager killed in Pakistan Head of Cosco Saeed Karachi attacked in his car near a marketplace in Karachi city centre
Seaspan buys two boxships earmarked for Maersk charters The four-year time charters carry an option for an extra two years at higher rates
UCL Port bests 2016 throughput UCL Holdings' stevedoring division handled 37.1 million tonnes of cargo last year.
Tankers CEOs pin hopes on US crude exports Official forecasts see more crude cargoes coming in next decades, but it hinges on firming prices and production.
Scorpio Bulkers 'chilling' as rates rebound New York-listed bulker owner is "zoning" after buying 10 vessels in the fourth quarter, chief executive Robert Bugbee said.
MPC Container Ships defies global slump with $75m placement Oslo-listed containership owner has more cash to pursue vessel buys.
Oman Drydock appoints new CEO Company hires former OTTCO executive to replace short-tenured Stephan Aumann as it 'continues transformation.'
Capesize rates click back up as VLOC orders raise alarm Analysts say an upturn in coal shipments has assisted the market.
Tsakos Shipping linked to rare drybulk order Deal for four to six ships rumoured to have been secured at Chinese shipyard.
JES yard sale off as ex-CEO jailed No deal for bankrupt JEHI as former boss Jin Xin gets 12 years in China.
Cochin Shipyard builds profit again Expanding Indian yard stronger in third quarter.
Mitsui Engineering set for operating loss this year Difficulties elsewhere in the group to prove a drag on shipbuilder's full year performance.
Norwegian flag hits 10-year high NIS register reverses negative trend to reach 600 ships.
Cargill fosters shipping sustainability Commodities giant teams with NAMEPA and others on eco initiatives.
Court rejects hostile bid for Giuseppe Bottiglieri Shipping Company Zagari/Pappas raid on Neapolitan bulker and tanker owner thwarted due to lack of up-front payment, leaving just one plan on the table
Switijnk unveils new wind-assisted cargoship C-Job designs fuel-saving cargo vessel for Dutch owner.
DHT Holdings dips into the red in the fourth quarter Shipowner continues to pay a dividend with loss smaller that the market had anticipated.
Namura Shipbuilding sees loss grow But Japanese yard hopeful of bettering last year's annual result.
Turkey's U.N. Ro-Ro 'plotting IPO' Ro-ro company looking to join domestic rush to raise cash.
Shipping stocks see selling pressure amid global rout Stock market crash yet to impact shipping sentiment while global economy remains unaffected.
Total confirms MOL LNG bunker vessel win Major and Japanese owner add MOU on LNG fuelling and infrastructure to their new partnership
BW LPG taps into three new banks with $150m loan Oslo-listed VLGC specialist adds new names to its list of lenders with refinancing package.
Poland bids to buy back Gdansk Shipyard Development agency wants 100% ownership of yard privatised in 2007.
Thorco Projects expands new dry cargo division Less than two months after it was first established, Danish company's growing bulk division has put itself on an expansion trajectory with a growing fleet and new employees added in the Americas.
Vitol launches final offer for Latvian Shipping Trader and owner wants to take 100% of tanker company before delisting.
HMM and AAL team up on MPPs Liner companies launching Asia to Middle East service.
Cosco Pakistan boss shot dead Chen Zhu killed in car in targeted attack in Karachi.
Daewoo secures double LNG carrier order South Korean shipbuilder looks to have secured first newbuilding deal for 2018.
Product tanker hijacked off Benin recovered Anglo Eastern says ship is now under control of captain and crew, but releases few other details.
China surpasses US as world's largest crude importer But the tanker industry facing growing threat from volumes shipped by pipe from Russia.
MAN and Hyundai to develop LPG dual-fuel engines Engine builder and shipbuilder look to extend use beyond LPG carriers to other ship types.
BNSF unveils 2018 capital investment plan BNSF Railway Co. plans to invest $3.3 billion in capital expenditures throughout 2018, the company said. Like last year's $3.3 billion cap...
DHL expands operations in southwestern U.S. Logistics company DHL Global Forwarding has expanded its presence in key Southern border states in order to satisfy the needs of local cust...
Hapag-Lloyd opens new Tema office Hapag-Lloyd has recently opened a new office in Ghana's port city of Tema. "Africa is strongly developing just now," said Lars Christianse...
Agility to participate in IBM-Maersk blockchain Global third-party logistics provider Agility said Tuesday it will participate in a new Maersk-IBM blockchain solution to manage and track ...
Seaspan purchases two 2,500-TEU ships, charters them to Maersk Seaspan Corp. has acquired two more 2,500-TEU containerships and has an agreement in place to charter the vessels to Dansh ocean carrier Ma...
NWSA drayage drivers organize walkout as clean-truck engine rule looms Many of the thousands of independent drivers who haul cargo containers to and from the ports of Seattle and Tacoma are not working today in...
Kirby Corp. acquires fellow tank barge operator Higman Marine Kirby Corp. will acquire fellow liquid bulk transport specialist Higman Marine for $419 million, Kirby said in a statement Sunday. The dea...
Report: COSCO exec slain in Pakistan An executive of ocean carrier China COSCO Shipping was shot and killed in Karachi, Pakistan on Monday, according to multiple media reports....
Transportation stocks slide during 'wild' Wall Street session Bellwether U.S. transportation and logistics stocks continued to slide yesterday amid what analysts are referring to as a "wild" Wall Stree...
NYMEX crude falls below $64/b as equity turmoil persists Crude futures fell Tuesday for the third straight day as sharp swings in equities continued to rattle global financial markets.
US DATA: EIA sees Permian driving oil output growth Fueled largely by Permian Basin growth, US oil production will climb steadily over the next three decades, peaking at 11.95 million b/d by 2042, the Energy Information Administration said Tuesday.
US House set to pass spending bill with SPR sales The US House of Representatives is expected to approve a stopgap government funding bill Tuesday that authorizes the sale of about $350 million worth of crude oil from the Strategic Petroleum Reserve.
BP to build renewables position on heels of $200 million solar deal: CEO Oil major BP is looking to expand its renewable energy business in the coming years through "selective" investments, CEO Bob Dudley said Tuesday, on the heels of a $200 million deal announced in December to take a stake in leading European solar power development company Lightsource.
Saudi Arabia asks for transition period at IMO committee meeting Saudi Arabia Tuesday suggested the transition period citing a sense of confusion in the shipping industry on the matter.
Exchanges see potential for an LNG freight derivatives market A recent move by the Baltic Exchange to launch an LNG freight index is likely to pave the way for cracking the hitherto untapped LNG freight derivatives market, as entities exposed to gas shipping costs seek to hedge their risks.
Total, Japan's MOL sign long-term charter for LNG bunker vessel The 18,600 cu m vessel is expected to be delivered in 2020.
Asia starts testing Kuwait's new Super Light crude oil -Grade expected to be launched in April -Asian refiner finds new crude suitable -Vietnam's Nghi Son refinery a possible destination for new grade
Open interest for front-month DME Oman crude oil futures up 14% in Jan Open interest for March ICE Brent futures versus the Platts Dubai contract was unchanged month on month at 425,000 barrels as of January 3.
Basrah Light crude OSP may reflect Iraq's level of OPEC cut commitment "Unlike Saudi and Abu Dhabi, it appears that Iraq wants to pump more and sell more, so Basrah [Light] should remain cheaper," said a crude trader.
FUTURES: Crude slides on US stock market plunge, stronger dollar Another risk-off session is likely across Asia today, Barnabas Gan, commodity economist at OCBC Bank, said.
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