Conquering Cosco through consolidation Could talk of a merger between CMA CGM and Hapag-Lloyd hint at a European response to the threat of a...
Hapag-Lloyd denies CMA CGM 'made merger approach' Hapag-Lloyd denies a report that it was subject of a merger approach by CMA CGM
At least a third of new VLCCs will have scrubbers Over the past few weeks, at least three leading tanker owners have announced that scrubbers will be installed on their...
IMO focuses on women for World Maritime Day theme The International Maritime Organization unveils 2019 world maritime day theme as Empowering Women in the Maritime Community
Shippers 'get what they pay for' Container lines have to be able to make money for service levels to improve
IACS membership is not a case of 'jumping through hoops' Turk Loydu 'is not, and never has been' an applicant for full membership, says IACS
Costamare acquires boxship duo for long-term charter to Maersk Deal for two 5,000 teu vessels follows 10-year durations for Greek owner's Yang Ming newbuilds
Five risks to check: Ship finance Regulation and higher interest rates are resulting in more risks for owners and lenders despite freight market recovery
Epic Gas refinances five vessels The company is now left with only one vessel to be refinanced prior to the loan expiry in November 2019
CMA CGM confirms Iran exit over fears of US sanctions CMA CGM has said it will halt services for Iran because it does not want to fall foul of the...
BW LPG raises offer for Dorian LPG It is time to act now, says BW chief executive Martin Ackermann
Daily Briefing Exclusive interview: Euronav's Paddy Rodgers | Five risks to check: LPG shipping | The Lloyd's List Podcast: Markets outlook and...
BW Group raises stake in Hafnia Tankers to 43.5% BW Group will look for future synergies with the Danish shipowner, BW chief Carsten Mortensen said
Nautilus flies the flag at London Pride Maritime professionals' union Nautilus marches for third year as the only entity representing the maritime industry
Cheniere eyes third dock for LNG vessels Fast growing supplier of liquefied natural gas wants to sharply raise the number of vessels calling on the plant.
Critics target Carnival's Arctic trips for fuel use Start of cruise season in Arctic region prompts concerns among environmental groups on fuel use.
Chembulk poaches Fairfield for new hires Latest part of hiring spree sees the chemical tanker owner beef up its commercial management.
Charter rally fizzles out as lines axe services Seven-month boom in boxship market runs out of steam as operators return vessels to owners amid rising costs
10 crew hospitalised after cargoship fire Seafarers suffered inhalation on Amasus Shipping vessel in Denmark.
JP Morgan charts VLCC scrubber take up JP Morgan expects 81 VLCCs will be fitted with scrubbers by 2021 at a time when major owners are flocking to adopt the technology for their tankers. Analyst Noah Parquette's assessment come in a report today following news in the past week that both Frontline and DHT Holdings plan on retrofitting a number of vessels with the equipment. Traders turn to FFAs as hedge ahead of 2020 fuel regulation
Island Offshore fixes out MSV for seven years UK company Ocean Infinity takes Island Pride for global operations.
LPGC 'released by Houthis' after 62 days Saudi-led coalition says G Muse has left the port of Hodeidah.
Seanergy in refinance deal on two capesizes Athens-based capesize owner gets fresh injection of capital through sale-leaseback and refinance play.
Hunter on target after repair offering Oslo-listed owner adds extra $6.5m from subsequent offering.
Hapag-Lloyd rubbishes CMA CGM merger talk But German line's stock still rises 11% after report.
Costamare strikes 10-year Yang Ming deal amid further growth Five newbuildings and two second-hand ships added to Greek owner's fleet.
Traders turn to FFAs as hedge ahead of 2020 fuel regulation Worries increase about the impact to tankers from low-sulphur bunkers rules, with disruptions in the offing
Bulker damaged after hitting rocks Initial repairs being carried out on SAM vessel after incident off Ceuta.
Havyard lands Royal Arctic design deal Per Saevik's Havyard has moved into a new market after inking a deal with Royal Arctic Line. Havyard Design & Solutions has won a contract to design two vessels carrying temperature-regulated containers and general cargo. Calls to both Havyard and Royal Arctic Line for further comment were unanswered at the time of writing.
Dry bulk and containers drive shipping upturn ClarkSea index shows overall rise of nearly one tenth during first half of 2018.
Palmali tanker to remain under arrest Turkish owner still to settle Litasco bunker bill in Denmark.
Glencore launches $1bn share buyback Trading and chartering giant targeting its own stock up to end of this year.
Facebook backs NOC's legitimacy Media giant endorses Libyan exporter's page as the only official one in split country.
BW LPG raises offer for Dorian LPG Martin Ackermann says new proposal shows "the time to act is now".
BW Group takes 43.5% stake in Hafnia Tankers Singapore owner expanding again through agreement with Blackstone, Tufton Oceanic and Hartmann.
US clears Cosco's OOCL takeover on security grounds Foreign investment committee okays deal after owner agrees to sell Long Beach terminal
Iran asks for help as CMA CGM pulls out Rodolphe Saade blames Trump sanctions for halting services to country.
Vard Holdings aims for August SGX exit Majority stakeholder Fincatieri hopes minority shareholders will finally let it take the Singapore-listed shipbuilder private.
Epic Gas closes $34m refinancing deal Five-ship deal brings total number of vessels the gas player has refinanced this year to nine.
EchoStar drops Inmarsat takeover bid US satellite company says it will not be making a third offer for its UK rival.
CMA CGM ending service to Iran CMA CGM has decided to end service to Iran, according to a story by Reuters .
Container volume growth continues in May Global transport volumes of containerized cargo grew 1.3 percent to 14.47 million TEUs in May compared with the same month a year ago, as strong growth in imports and exports to and from Europe and exports from North America was offset in part by a decline in Asian volumes, according to the latest data from industry analyst Container Trade Statistics (CTS).
Customs advisory panel charter renewed The secretaries of the departments of Treasury and Homeland Security have approved the charter for the renewal of U.S. Customs and Border Protection's (CBP's) Commercial Customs Operations Advisory Committee (COAC), CBP announced.
Bill aims to elevate shippers' FMC awareness Rep. Bill Posey, R-Fla., has proposed legislation that aims to enhance "public awareness and understanding of ocean shipping services agreements, use of ocean transportation intermediaries and other shipping services" through the U.S. Federal Maritime Commission's Office of Consumer Affairs and Dispute Resolution Services (CADRS).
COSCO selling Long Beach Container Terminal COSCO Shipping said that as part of its plan to acquire the parent company of container carrier Orient Overseas Container Line (OOCL) it has agreed to divest Long Beach Container Terminal Inc. (LBCT) to a "suitable, unrelated third party" acceptable to the U.S. government.
Commerce finds Chinese sodium gluconate dumping The Commerce Department reached a preliminary determination that sodium gluconate, gluconic acid and derivatives from China are, or are likely to be, sold in the U.S. at less than fair value, Commerce said.
Trade deficit shrinking as tariff battle escalates The U.S. trade deficit continued to shrink in May, narrowing for the third straight month and falling to its lowest level since October 2016.
Volga-Dnepr hires air cargo veteran Ulrich Ogiermann has joined Volga-Dnepr Group as senior vice president for operations and deputy general director for CargoLogicManagement.
Tariff retaliation drives up Tesla prices in China Tesla Model S and Model X car prices have risen by roughly 20 percent after China on Friday implemented tariffs in retaliation against some $34 billion worth of U.S. tariffs in 2017 import value imposed against the nation on the
Tanker owners feel the pinch of higher bunker prices Time-charter rates have not risen as fast as bunker prices.
SUBSCRIBER NOTE: Platts expands list of ports reflected for LSFO Med cargoes
Delays in Rotterdam bunker market amid high demand
Asian crude buyers cheer price competition between OPEC, US Two major producers, Saudi Arabia and the UAE have already delivered price cuts to their Asian customers last week
External: Global Risk Management
Singapore HSFO viscosity spread narrows to near 4-month low on strong 380 CST Meanwhile, "the 180 CST market is not so weak ... supply is still tight," a trader said.
BW Group buys 36.3% stake in Hafnia Tankers, increases ownership to 43.5% BW Group's move to buy a significant stake in Hafnia Tanker comes after its merger talks with Connecticut-based Diamond S Shipping cooled last year.
FUTURES: Crude higher amid ongoing supply concerns, Iran comments "Supply squeezes and ongoing trade tensions between US and China are keeping prices rangebound at the moment," an analyst said.
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