Indonesian plan to only allow local firms to ship coal exports postponed to 2020 The trade ministry enforces its domestic insurance requirement for coal trade from August this year
Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding team up amid rising foreign competition The move comes as the Japanese yards are facing an escalating rivalry with its competitors in China and South Korea
Singapore POSH files arbitration notice against Mexico The prolonged oil and gas slump has taken its toll on POSH as with other offshore support firms as low...
LNG shipping development favours Cheniere Energy US producer can charter vessels from spot markets easily with well supplied tonnage, says chief executive Jack Fusco
Ordering activities decelerate at Chinese yards, shipbrokers say Monthly China Newbuilding Price Index continues to show strength in April
Why dry bulk market needs to be cautious The fall in GDP performance from 2020 coincides with supply growth in the dry bulk market
AVIC Leasing orders two kamsarmax for SDTR Marine Delivery is scheduled for the second half of 2019
DHT first quarter loss beats expectations Tanker owner still in grip of market downturn, but results were better than expected from pessimistic analysts.
Wilhelmsen results fall below expectations Shipping and logistics firm hit by seasonal weakness, reduced volumes and rate reductions.
Tokyo MoU sees 20-year low in detentions Leading port state control organisation sees overall better safety record, but two-tier market continues in safety.
Tsuneishi, Mitsui E&S sign joint venture Both yards hoping to boost orderbook and align design and production to get cost efficiencies.
Diana Shipping fixes capesize at better rate Athens-based bulker owner gets pay raise on latest hire as rates stay firm yet much higher than April and a year ago.
Conoco moves against PDVSA's Caribbean assets US major seeks possession of export refineries and terminals in $2bn arbitration case.
Bibby Marine orders accommodation vessel UK owner heading to Damen in Romania for ship for Siemens charter.
SDTR behind order of kamsarmax duo at Jinling Joint venture between Shandong Shipping and Transcenden Global bareboat charters newbuildings from Avic Leasing
Colombian cocaine seized on ER boxship Another container vessel unwittingly caught up in drugs trade from South America.
ASL Marine prepares for further loss Weak shipbuilding performance means more red ink for Singapore yard.
Glencore offloads Rosneft stake for $4.4bn Charterer ends ownership consortium with Qatar after sale to Chinese company terminated.
NSRI averts grounding as tanker breaks tow rope Vessel was two hours from South African coast when rescuers stepped in.
Shipowners facing painful Libor headache Vessel loans face further stress from "the elephant in the room" as benchmark interest rate hits highest level since 2008.
POSH starts arbitration against Mexico Singapore owner wants compensation over ending of charter business to Pemex.
ABL plans to bring in up to 18 bulk barges Indonesian owner needs to expand fleet to serve domestic coal contract.
Samkang yard debuts with aframax order Newcomer wins four-ship deal at STX's former Goseong plant.
Damen Shiprepair Curacao boosted by extra dry docks Caribbean facility says addition of units is a "significant uplift in capability in the region".
Euroseas secures loan and charter for newbuilding Aristides Pittas-led says charter will contribute about $9m of net revenues during its duration
CH Offshore slides further into the red Singapore-listed anchor handler and PSV operator hurt terminated charter contracts.
TT-Line firms up LNG-ready ro-paxes at FSG Aussie ferry operator puts pen to paper on replacement tonnage following LOI in January.
Panama Canal adds Neopanamax reservation slot The Panama Canal has added an additional reservation slot to its Neopanamax locks, effective Monday, bringing the total available booking s...
U.S. trade deficit falls in March The U.S. trade deficit tumbled from $57.7 billion in February to $49 billion in March, fueled by an increase in exports amid a drop in impo...
Self-driving technology hits speed bumps Automated vehicle technology in the United States has been gaining less support in recent months after various crashes have occurred involv...
Report: Zodiac orders four more newbuilds Monaco-based containership owner and operator Zodiac Maritime has confirmed an order for four additional newbuild vessels from Hyundai Heav...
Census writing routed export transaction rules The Census Bureau is working to release routed export transaction regulations by the end of this year, Census Trade Outreach and Regulation...
Container industry could face feeder vessel shortage The container shipping industry faces an "impending shortage of feeder vessels," says SeaIntel, a Copenhagen-based research firm. "We foun...
CEVA kicks off IPO Global third-party provider CEVA Logistics on Friday kicked off its initial public offering on the SIX Swiss Stock Exchange. The company p...
Capacity in most modes 'extraordinarily tight' The North American freight market continued to show "accelerating strength" in March 2018, according to the latest Cass Freight Index Repor...
United, Lufthansa cargo joint venture takes flight United Airlines and Lufthansa Cargo have officially launched their new air cargo joint venture, which will allow the two carriers to jointl...
Trump to announce decision on Iran deal Tuesday, bringing sanctions into focus US President Donald Trump will announce Tuesday whether the US will stay in the Iran nuclear deal, a decision that could impact as much as 1 million b/d of crude supply if Washington reimposes sanctions on Tehran.
Oil pares increases after Trump tweet on Iran announcement Front-month NYMEX crude topped $70/b for the first time since late 2014, as oil futures surged Monday with traders bracing for US President Donald Trump possibly reimposing sanctions on Iran.
Naphtha shortage hampers Venezuelan crude exports The scarcity of naphtha in Venezuela has caused a slowdown in the production and export of diluted crude oil (DCO) by state PDVSA to its principal markets in the US and Asia, creating a negative cycle that is accelerating the financial deterioration and production decline in the South American nation.
BOSTCO fuel oil terminal in Texas to undergo maintenance in late May The two ship docks at the Battleground Oil Specialty Terminal Company (BOSTCO) in La Porte, Texas will undergo maintenance from May 21-26, the company announced in an email late Friday.
TRADER NOTE: UAE's Viking Marine Services hires GM for new Cyprus office Verma was previously a Vessel Manager with Navig8 Chemical for close to four years.
Oil's rally pinches Asia, but many economies more resilient than ever "A further rise in oil prices would put upward pressure on transport and energy inflation in the region," said Vishrut Rana, Asia Pacific economist at S&P Global
ICE middle, light distillate front-month open interest falls 12% on month in May
FUTURES : ICE Brent rises above $75/b, set to climb higher The lack of any progress on the US-Iran nuclear waiver is precisely what is pushing oil prices higher, Innes from OANDA said.
SUBSCRIBER NOTE: Platts to amend, discontinue some Asian Supramax, Panamax rates
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