Riyadh calls for international efforts on Red Sea security as oil shipments resume Turning off the Automatic Identification System is insufficient to avoid Houthi attacks, according to Intertanko
Recent fuel contamination cases spark doubts regarding 2020 blends Increased blending will invariably introduce the possibility of variable quality issues that are potentially not covered by the ISO standard...
North Korea flouting sanctions through ship-to-ship transfers AIS being switched off to prevent detection of oil product imports, UN says
Scorpio Bulkers secures $184m loan to refinance 12 ships New York-listed company signs a five-year facility with Nordea and Skandinaviska Enskilda Banken
China Merchants Port issues $1.5bn bonds Chief financial officer Lu Shengzhou says the issuance comes as his company is in its era with valuable opportunities for...
Latest US-China tariff threat bears much greater significance for freight Flow of consumer goods to the US will be altered if tariffs go ahead
Chinese tariffs threaten US LNG boom The threat of Chinese tariffs could deal a blow to the new export terminals planned for the Gulf coast and...
Djibouti dismisses LCIA ruling as DP World terminal dispute wrangles on The LCIA ruled that DP World's concession at the Dolareh Container Terminal remained 'valid and binding' at a tribunal in...
Weak demand threatens box recovery Outlook for carriers dims as overcapacity on mainlane trades re-emerges
Daily Briefing Smaller UK ports could be key to easing Brexit chaos | Greeks lift investments in shipping on back of LNG...
The Lloyd's List Podcast: Shipping debt, ransoms and making a ship one km in diameter Listen to the latest edition of Lloyd's List's weekly podcast - your weekly briefing on the stories shaping shipping in...
OOCL eyes 1m teu fleet capacity OOIL is looking to order several 20,000 teu ships and expand fleet capacity by about 40%, says chief executive Huang Xiaowen
Bourbon picks Hochoa as new finance chief Gael Bodenes-led offshore vessel giant company replaces Astrid de Breon with Thierry Hochoa.
Trafigura project to bring VLCCs to Texas Swiss trader submitted permit application to build the first offshore deepwater port facility in US state.
Branson opens up on long-standing cruise dream Virgin founder's ambition to own a cruise line formed in his 20s.
Harvey Gulf looks to merge with Gulfmark Offshore UPDATE: Guidry-led OSV owner says its proposal is better than Tidewater deal
Ship Finance VLCC hit by fire off Japan Tanker now stable and flames are out after weekend incident.
SCI plunges deeper into the red Forex devaluation pushes Indian state shipowner's second quarter losses to $30m.
Cosco unit to issue $900 in bonds Cosco Shipping Development to issue renewable corporate bonds worth RMB 6bn.
Baltic Dry Index stable at four-year high Capes still climbing but has the time come for cargoes to be split?
Distribution question draws downgrade for Hoegh Partners DNB Markets analysts cut MLP to hold amid doubts over next dropdown candidate.
PACC Offshore halves losses Singapore-listed offshore vessel owner doubles revenue for the second quarter.
POSH Offshore cuts loss in encouraging quarter Chief executive says company has made headway in improving overall performance.
PACC Offshore wins Kensteel counterclaim Court awards SGD 3.8m ($2.8m) deposit to Singapore-listed offshore vessel owner, shoots down Kensteel's claim for SGD 30.5m.
Scorpio Bulkers nets new debt line for a dozen ships New York-listed owner inks loan in latest finance move of a busy summer.
Ocean Tankers tied to second VLCC purchase of summer Brokers believe the ship will add to the company's storage fleet.
European Union flag scrapping deadline to stay, says commissioner Belgian politician quizzes Karmenu Vella as concerns persist over approved yards list capacity
Braemar stock picks up on MOL LNG carrier delivery Chief executive James Kidwell says similar deals are in the works.
Blackrock takes big stakes in two Pittas public companies Tennenbaum takeover leaves investment heavyweight with substantial stakes in Euroseas and EuroDry.
US oil industry to suffer from Unipec ban China may have more to lose from trade war, but US has become dependent on China for crude sales, says Banchero Costa.
Unipec reported to have suspended US oil imports Chinese refiner's actions latest development in growing trade spat between world's two largest economies.
Bumi Armada sees Vietnam FPSO contract extended Malaysian offshore vessel operator says latest deal will keep unit employed until 2024.
Pacific Radiance bondholders set to vote on restructuring Offshore vessel owner to hold informal clinics this week ahead of formal vote on bond overhaul.
COSCO plans to extend growth with OOCL COSCO said that following last month' s completion of its acquisition of the parent company of container carrier Orient Overseas Container Line, the combined companies will be the third-largest container carrier and remain "committed to further growth, with 19 vessels ordered and a total capacity of about 330,000 TEUs, the combined capacity will reach 2.93 million TEUs by the end of 2018."
Trade deficit expands after three-month decline The U.S. trade deficit expanded in June after three consecutive monthly declines that brought the deficit to its lowest level since October 2016.
First round of post-deal sanctions hitting Iran Several U.S. sanctions on Iran will activate at midnight, upon the expiration of a 90-day wind-down period for certain transactions with the country following President Donald Trump's May 8 withdrawal from the Joint Comprehensive Plan of Action, otherwise known as the Iran nuclear deal.
BNSF's Q2 earnings chug ahead nearly 37 percent Burlington Northern Santa Fe, LLC (BNSF), a Class I railroad owned by Berkshire Hathaway, saw double-digit year-over-year earnings and revenues growth for the second quarter of 2018.
Positive momentum in spot rates continues Container freight rates showed continued positive momentum last week after capacity cuts in the major east-west trade lanes, according to two of the primary indices for measuring spot market pricing.
Global box volumes sustain slow, steady growth Global transport volumes of containerized cargo continued to grow at a slow, steady pace in June, climbing 1.3 percent year-over-year to 13.99 million TEUs for the month, according to the latest data from industry analyst Container Trade Statistics.
Unions oppose single-pilot cargo plane study A group of pilot unions want a provision in a House or Representatives' Federal Aviation Administration reauthorization bill that calls for a study into single-pilot cargo plane operations grounded.
Commerce taking California export panel bids The Commerce Department is seeking nominations for up to 35 appointments to a new Central California District Export Council.
FMC reviews 11 OTI license applications The U.S. Federal Maritime Commission has received 11 ocean transportation intermediary license applications and changes for review.
Crude futures rise on Saudi output, Iran sanctions Crude futures settled higher Monday, boosted by lower output from Saudi Arabia in July, and as US sanctions on Iran were due to start Tuesday.
Prompt Rotterdam RMG 380 CST bunker fuel requirements tight: sources A busy VLCC loading schedule, lower exports from Russia have kept avails tight.
Congestion at port of Gibraltar following fog at weekend: sources Bunkering operations at the Mediterranean hub of Gibraltar were disrupted over the weekend due to heavy fog which has led to some congestion at the port
Up to three VLCCs of Urals planned for China: sources China's Unipec is planning to load three VLCCs of Russian medium sour Urals crude to Asia in August, traders said.
Sturdy fuel oil crack sees European refiners eye sour crudes A strong 3.5% FOB Rotterdam fuel oil crack has tempted European refiners to favor sour crudes in order to boost production of high sulfur fuel oil
Refinery upgrades, works to ramp up ahead of 2020 IMO sulfur cap As the International Maritime Organizations 2020 0.5% global marine sulfur cap edges closer, refinery upgrades are expected to pick-up through H2 2018
First Suezmax for Aug departs Europe with fuel oil for West Africa The first Suezmax laden with fuel oil has departed Rotterdam for the West African market in August, according to Platts trade flow software
External: Praxis Energy Agents DMCC
External: Marine Bunkering(Rotterdam)B.V.
FUTURES 1: Crude rises on US oil rig count, volatility to remain "Prices this morning have recovered a bit on a bullish US rig count report," said Phillips Futures' analyst Benjamin Lu.
Port State Control officials target inspection of ships globally ahead of IMO 2020 The CIC will ensure effective and uniform enforcement of environmental rules to curb emissions.
Saudi Aramco resumes oil shipments through Bab el-Mandeb The strait is an 18-mile-wide chokepoint at the southern tip of the Red Sea between the Arabian Peninsula and the Horn of Africa.
China adds US LNG to list of products for potential 25% import tariff Chinese demand figures to underpin a substantial chunk of expected US export capacity growth over the next decade.
OPEC output surges on Saudi crude boost Saudi Arabia produced 10.63 million b/d, the kingdom's highest since August 2016.
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