China spares crude in latest skirmish of trade war Even if tariffs on US crude are to go ahead eventually, the overall impact on tanker markets could be negligible...
Human error remains key factor in global shipping claims Big shipping losses continue to fall but emerging trends combined with perennial human error could increase claims
Norden cuts full-year results forecast on worsening tanker markets The company's dry operator unit is exceeding expectations, leading to a full-year revision upwards, while its dry owner unit has...
Angelicoussis converts second FSRU order to additional LNG carrier Greek owner might be showing caution on FSRU expansion - or just optimism about the LNG shipping market
Glencore reports smaller charter book Robust first-half earnings performances have put the trading giant its best financial position since the 2011 IPO
International Seaways boosts cash piles despite weaker results New York-listed owner sells four crude and product tankers for $69m during the second quarter
Celebrating outstanding achievements across the SAMEA region Lloyd's List returns to Dubai in November for its annual celebration of maritime excellence across the South Asia, Middle East and...
D'Amico's dry bulk unit eyes scrubbers for bigger vessels Luciano Bonaso says he has no fleet expansion plans just yet
D'Amico expects volatility in dry bulk markets in the coming quarters More participants sought for Medi Supramax pool as D'Amico sees more volatility in the markets
Feeder regroupment continues as Arkon launches new German alliance Move comes after DP World swoop on Unifeeder
Boxship and LPG carrier collide off Gibraltar No injury or pollution, but both vessels reported damaged
Capacity cuts set to see increased boxship idling Analysts forecast increased lay-up in face of slack season slowdown
Daily Briefing Iran sanctions kick in despite EU 'protection' | DP World diversifies into ships | Maersk outlook looks bluer | The...
Yangzijiang perks up on increased deliveries and new orders Second-quarter net profit jumps 38% to $146m as revenue soars 110% to $1.2bn
Star Bulk 'optimistic' after posting third straight profitable quarter Major US-listed bulker owner enters third quarter with bigger fleet fixed at higher charter rates
Eagle Bulk posts profits on improved dry bulk markets Update:US-based supramax-focused owner is targeting further acquisitions
DHT posts $28m net losses in second quarter Update: Company executives expect earnings upside in coming quarters while planning to trade scrubber-installed vessels in spot markets
DHT Holdings shrugs off loss of US shale oil cargoes to trade war Svein Moxnes Harfjeld not worried by latest twist in standoff between US and China, with VLCC market "slowly turning positive".
D'Amico International Shipping adds to leaseback tally Italian shipowner offloads vessel for almost $30m to boost company liquidity.
DHT mulls 'numerous proposals' to fund VLCC scrubber project Shipowner is not looking to give away the upside by locking VLCCs into fixed rate deals.
TransAtlantic Lines sued for almost $8m Keybank National Association seeks $7.8m from US-based diversified shipowner for 2015 loan.
Norden lowers profit forecast amid tanker market trouble Product tanker division will remain in the red in 2018, owner says as it offers glimpse of second quarter figures.
Pangaea Logistics returns to black Drybulk logistics firm and shipowner saw higher revenue amid improved charter rates and lower expenses.
Pacific Basin tipped for supramax purchase Ship would fit strategy outlined by chief executive last week.
International Seaways widens loss US-listed diversfied tanker owner's second quarter results, which include $4.9m in credit facility-related charges, beat Wall Street consensus.
Star strikes fresh loan and inks leaseback to support Songa deal Financing updates come alongside second quarter profit and promising third quarter guidance.
CSSC to expand marine equipment service State-owned Chinese shipbuilder will announce details of expansion plan next month.
Maersk gains more ground after first profit warning in four years Danish shipowner sees stock tick up again with analysts suggesting further forecast revisions unlikely.
Maritime lending flat at KfW-IPEX Bank Commitments to shipping remain at EUR 1bn ($1.16bn ) for the first half of this year.
Idle containership capacity could double by year-end Trade wars, low scrapping, newbuilding deliveries and unexpected discipline all playing a part, Alphaliner says.
Solstad Farstad inks new deal with SBM Offshore Solstad Farstad has secured additional work for one of its construction support vessels. SMB Offshore has renewed a framework agreement for the 31,360-bhp Normand Installer (built 2006) it announced today. The FPSO specialist, which is the joint-owner of the vessel, will use it for at least 114 days in 2019 and a minimum of 105 days in 2020. Calls to chief executive Lars Peder Solstad seeking
German feeder owners jump on consolidation bandwagon Jungerhans, Wessels, Nordic Hamburg, JSP and HS Schiffahrt combine in 90-vessel chartering venture
Glencore charter book at $227m as tankers remain 'lackluster' Information released amid upturn in first half profit at London-listed heavyweight.
Pelayaran United quits the tanker game Indonesian owner Pelayaran United Maritime (PUM) is returning to its tugboat roots after selling its only products tanker for scrap.
MISC reduced to 'sell' at UOB Kay Hian Analyst adopts wait and see attitude, preferring to see rate recovery in fourth quarter.
Yangzijiang first half order haul worth nearly $1bn Strong operational and financial performance in contrast with 38% share price decline year-to-date.
Navigator advances on financing for ethylene export terminal Company to withhold paying dividends for the next two years under new debt financing terms for existing loans.
Canadian LPG set to gain from US-China tariff spat Shipowner also bullish on Houston ethylene export terminal, which is due to come on-line in 2019.
Star Bulk Carriers result beats street estimates Bulker owner optimistic about market fundamentals given strengthening rate and asset value environment.
Expeditors' earnings keep climbing Expeditors International of Washington Inc. turned in another strong quarterly result for the second quarter of 2018, with net earnings surging 29 percent to $140.6 million compared with the same 2017 period following a 45.6 percent year-over-year jump in Q1, according to the company's latest financial statements.
Missouri asks to reup CDL test reprieve The state of Missouri wants to continue to waive a knowledge test for qualified veterans seeking commercial driver's licenses.
Amber Road reduces net loss Amber Road Inc., a global trade management software provider, softened its net loss in the second quarter of 2018 to a $3.2 million loss, compared to a $4.5 million loss for the second quarter of 2017.
Trade tensions dampen air freight Growth in global air freight volumes slowed for the second straight month in June after accelerating considerably April.
FMC grants OOCL, COSCO exemption COSCO Shipping Lines and Orient Overseas Container Line will have less regulatory paperwork to perform and will be able to work as a single entity as a result of a decision announced today by the Federal Maritime Commission.
U.S., China mobilize for trade war round two The Office of the U.S. Trade Representative on Tuesday evening finalized a second tranche of 25 percent tariffs to be imposed on China following Section 301 of the Trade Act of 1974, deleting intermodal shipping containers and four other tariff lines from an initial list of 284 tariff subheadings spanning $16 billion in 2017 import value. China responded in kind Wednesday morning, releasing a lis
Roadrunner posts $42 million loss in Q2 Roadrunner Transportation Systems Inc. posted a $42 million net loss for the second quarter of 2018, compared to a net loss of $37.9 million for last year's second quarter, according to the company's latest financial statements.
Both sides in Airbus case seek WTO adjudicators The EU recently requested formation of a World Trade Organization dispute panel to determine whether it complied with a prior WTO Appellate Body ruling calling for it to end subsidies for Airbus aircraft manufacturing. The request comes after the United States challenged the EU's compliance with that May 15 ruling at a WTO Dispute Settlement Body meeting on May 28.
CSX realigns management structure CSX Corp. on Tuesday announced a new operating management structure that decentralizes operational and support functions. The changes are a continuation of the Class I railway's precision scheduled railroading transformation, an
Petroleum futures tumble on US-China trade war, EIA data
China removes US crude oil from latest round of import tariffs
Bunker operations, congestion at Gibraltar edge up on week on fog The number of bunker supply operations and vessels waiting at the Mediterranean bunkering hub of Gibraltar edged up on the week Wednesday
HSFO tightens at Augusta on regional refinery maintenance
Navig8 takes delivery of first scrubber-fitted LR2 tanker The company has ordered scrubbers for eight of its 110,660-dwt newbuilds.
Saudi production data catches market by surprise, but not all are convinced The country crude production by 200,000 b/d in July, after it announced that it would pump 11 million b/d.
Iran's oil export descent starts accelerate in July Exports to South Korea, Europe fell steadily as these buyers start to elsewhere.
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