Stena Bulk confirms Petrobras time-charter deal for two MR tankers Two vessels reportedly chartered at $14,500 per day will be serving in Brazilian coastal trades for the state energy giant
CMA CGM reports near 90% profit slump CMA CGM recorded revenues of $5.7bn in the second quarter, and container volumes of nearly 5.2m teu
SMM: Slew of red tape hands bigger role to classification societies The tsunami of red tape engulfing the shipping industry is going to leave it in need of greater information, which...
Fellowship Blog: Our intern reveals what goes on behind the scenes at Lloyd's List IMO marked its 70th anniversary ensuring the safety and efficiency of the international shipping industry
Alibra Shipping sets up Athens dry bulk operation New office will be led by former Lightship managing director Stefanos Makris, who will manage a team of five
Has CMA CGM found its next acquisition target? France's CMA CGM thought to be willing to pay $4bn to acquire Taiwan's Evergreen after confirming that efforts to buy...
TEN trims losses in second quarter Athens-based owner says its heavily time-chartered tanker fleet beat spot rates by more than 100%
Hokkaido coal shipments disrupted following quake Dry bulk cargo flows could be disrupted while freight rates might increase as Japan assesses damage from the deadly disaster
SMM: Lloyd's Register debuts digital monitor of vessel parts The 'digital twin' will change the way classification is carried out and will most probably reduce inspections, according to LR...
Yard Talk | Chinese yards breathe easier The tightening shipping emission rules have created additional demand for the shipbuilding industry, including the Chinese yards, highlighted by the...
Skuld posts positive half-year result amid low claims Bottom line boosted by investment results, expanded book and low claims incidence, says entity behind P&I club and Lloyd's syndicate
Consolidation players go hungry The received unwisdom that big players find it easy to gobble up all the small fry is not playing out...
Mitsui wins order for three post-panamax bulkers The vessels are expected to be delivered by the second half of 2020
The Interview: Peter Cremers The industry veteran expects shipmanagment consolidation to continue, but appears to have no intention of giving over his own business...
CMA CGM chief says pursuit of Hapag-Lloyd is 'closed' Confirming rumours at the start of the summer that the French container line had approached Hapag-Lloyd, CMA CGM's chief executive...
Daily Briefing The Lloyd's List Podcast: SMM 2018 | HFO future does not dampen scrubbers' outlook | Billions remain docked as port...
UK's Women in Maritime draft new charter New charter promoting gender balance to be launched by UK industry body taskforce.
Okeanis Eco Tankers brings in new chief financial officer BW LPG man comes in to replace Alafouzos family stalwart at Merkur-quoted tanker owner.
Tsakos Energy results match consensus Tanker owner returns to red for the second quarter but is 'confident in the future', chief operating officer George Saroglou says.
Navig8 Chemical hires new operations chief Nicolas Busch-led owner bolsters management team as it raids rival Chembulk for chief operating officer.
Scrubbers 'still a fraction' of shipowner preference One would be wrong' to think the technology is the solution to IMO 2020 compliance, Evercore ISI says.
Former Bimco head Carsten Melchiors dies Ex-secretary general had suffered a period of illness.
Uljanik Group eyes Azerbaijan lifeline Troubled Croatian yard believes it can build more vessels for Caspian nation.
Celsius Shipping adds to product tanker market exposure Danish owner said to have continued busy period with purchase of medium range vessel.
Norwegian vehicle snaps up Salamon ship German KG house Salamon has sold one of its vessels to a new Norwegian venture. The 73,000-dwt Cape Texel (built 2009) has gone to a Norwegian A/S company set up by Clarksons with Norwegian and international investors. Subjects are lifted on the deal, which some price at $12.5m. Christian Salamon did not reply to requests for comments.
Vard sells $120m OSV left over from Harkand collapse Unnamed buyer clinches deal for construction vessel due this year.
Dof Subsea wins frame deal from Wintershall Oil company can call on Norwegian owner's ships in Atlantic region.
HHI's Kang: sacrifices must be made by workers CEO says concessions needed to keep offshore business running.
Berenberg Capital adds basket of LNG stocks Analyst Donald McLee places buy ratings on Golar LNG and both GasLog companies.
Vyborg Shipyard falls to first-half loss Russian shipbuilder hit by lower revenue so far in 2018.
Stena Bulk confirms double MR tanker deal with Petrobras Contract comes at a time the shipowner is looking to expand its relationship with Brazilian oil company.
DEME orders quartet at Royal IHC Belgian owner picks Dutch yard for latest fleet renewal.
Handymax back under arrest in Singapore Cargo owner joins in ongoing legal battle that has played out against a handymax bulker in Madagascar, Indonesia and Singapore.
EMAS Offshore's Oslo delisting deadline extended Financial Supervisory Authority gives struggling OSV owner more time to appeal decision.
Royal Caribbean Cruises boosts dividend payments Royal Caribbean Cruises has continued the steady increase of its dividend and bumped up its latest quarterly payout to investors. Royal Caribbean upgraded to buy Royal Caribbean sees higher profit New York-listed RCL has declared a $0.70 per share dividend, which it says reflects efforts to increase shareholder returns. The company behind the Royal Caribbean International, Celebrity Cruises, A
Antwerp prepares for Brexit with UK appointment Justin Atkin brought in to make sure trade flow is not choked off.
Russians reveal autonomous shipping projects USC and others working on unmanned vessels as Russian draws up new rules.
Mystery investor calls in Clarksons as it seeks $22m GoodBulk stake A mystery investor is looking to buy a $22m stake in capesize heavyweight GoodBulk just 24 hours after the company sold a $10m slice of stock to bring in a new shareholder. GoodBulk inks fresh loan and brings in new investor Deal opens up new European investors for Star Bulk Billung credits Clarksons as Star Bulk deal strips away Songa Bulk's 'boring' tag Clarksons Platou Securities has been d
Ethiopian ship docks in Eritrea for first time in 20 years ESL vessel's arrival in Massawa marks further thawing of enmity between neighbours.
Credit Suisse CEO denies bid for Ivory Coast presidency Tidjane Thiam says he wants to finish restructuring job he started at Swiss lender.
Mitsui bags order for post-panamax bulker trio Mid-sized Japanese shipyard says newbuildings will be built to new neo 87BC design
Saade: interest in Hapag-Lloyd at an end CMA CGM says company has called off its pursuit of German rival, but other targets remain.
Parbulk 2 continues to pursue Humpuss claim Wilh Wilhelmsen-backed outfit won't give up in effort to collect from Indonesian company.
Exmar returns to profit in first half of 2018 LPG player looks to take advantage of stronger rates to refinance pressurised fleet at "better terms".
Japanese supramax bulker refloated off Montevideo Vessel ends short stay at notorious blackspot for vessel groundings following assistance from tugs.
Abysmal clean Med Handysize freight market hammers shipowners' TCEs A weakening Mediterranean market for Handysize oil product tankers continues into September after a summer characterised by chronic oversupply of vessels and elevated bunker costs, and rates have dropped to a level where many shipowners are unable to cover their costs.
Total books first Saudi Arabia-USAC gasoline cargoes in 3 years French oil giant Total has booked four cargoes of gasoline from Saudi Arabia to the US Atlantic Coast, including one set to deliver September 8, in the first such voyages in at least three years, market sources said Friday.
USGC-Far East naphtha arbitrage has fleeting return Cargoes were booked to sail from the US Gulf Coast carrying naphtha amid what a USGC market source described as a "once-open but now marginally open" arbitrage to Asia.
FUTURES 5: NYMEX RBOB strengthens as Bayway FCC issues continue The oil complex clawed back some ground during afternoon US trading Friday, led by NYMEX October RBOB, which settled 1.9 cents higher at $1.9700/gal.
Istanbul bunker fuel tightness boosts premium to Piraeus The premium of bunker fuel at Istanbul over the Greek port of Piraeus continued to widen Friday on tight product and barge availability at the Turkish port, sources said Friday.
Saudi Arabia could be vital to fuel oil hazy future The world largest crude oil exporter could be the answer to the quandary that awaits the high sulfur fuel oil market once interest for this product wanes due to implementation of a global marine sulfur cap.
US DATA: EIA says USGC fuel oil stocks lowest since 2009 No export fixtures out of the USGC to Singapore have been reported to S&P Global Platts this week.
OPEC crude production rises to 32.89 mil b/d in August as cuts unwind: Platts survey Taking away Congo, OPEC's August output of 32.57 million b/d is the highest since it produced the same amount in October 2017.
Singapore 180 CST HSFO cash differential hits 5-month low on higher supply "Ex-wharf premiums [to Mean of Platts Singapore 380 CST HSFO assessments] are likely to come off gradually with more cargoes expected," a trader said.
Greece's Maran Tankers to install scrubbers, ballast water systems on 13 ships The installation will take place at Sembcorp Marine's Tuas Boulevard Yard and Admiralty Yard.
TANKERS: Panamax UKC-TA route hits nine-month high The position list is very tight and aside from one or two vessels opening up in the region there are few options left for charterers.
US sanctions target Syrian petroleum trade network Sanctions have been issued four individuals and five entities for potentially setting up a delivery network supplying the Syrian government with crude oil, fuel and LNG as well as financing and weapons.
Asian refiners show voracious appetite for Atlantic Basin crudes The glut of sweet crudes that had emerged over the past few months is fading due to sturdy and emphatic demand from Asian refiners.
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