Scorpio Bulkers and Global Ship Lease secure fleet expansion funding This latest loan marks the third time the Emanuele Lauro-chaired Scorpio Bulkers has shored up its balance sheet in the...
Shipping's energy transition stifled by fuel business models Teekay Offshore's chief executive addresses the challenges of adopting cleaner fuels as DNV GL foresees big gains for LNG and...
Qatargas signs long-term LNG supply deal with China Qatar, the world's largest producer of liquefied natural gas, will export 3.4m tonnes per year to the world's second largest...
Djibouti nationalises DCT shares The decision to nationalise DCT's shares will mean DP World will have the state of Djibouti as a single interlocutor...
Evergreen denies talks with CMA CGM CMA CGM was said to be readying a $4bn bid for the Evergreen Group
Seafarer Happiness Index falls as pay concerns arise Pay discrimination, stress and fatigue also cited as factors for the latest fall in contentment
Digital provocateur Frank Coles exits Wärtsilä Coles to be replaced by Russian 20-year Transas veteran Andrey Sitkov
Torm in deal with Alfa Laval for 47 ballast water treatment systems The majority of Torm's fleet will have the large-flow ballast water treatment systems of 2,000 cu m per hour installed
UK minister says 'too few' women work in maritime Maritime UK expected to announce more than 60 signatories to pre-charter pledge at House of Lords event
ILA members ratify US Gulf and east coast labour contract New master contract replaces the existing accord expiring at the end of this month and will run through to September...
DNV GL tips decarbonisation as future energy trend The company's Maritime Forecast to 2050 offers an independent outlook of the maritime energy future and examines how the energy...
Star Bulk to equip entire fleet with scrubbers Star Bulk expects the average cost, including installation, to be below $2m per vessel
Daily Briefing Has CMA CGM found its next acquisition target? | Saadé says pursuit of Hapag-Lloyd is 'closed' | Yard Talk: Chinese...
Golar LNG investor drops $139m stake Capital Research Global Investors has sold almost 5.5 million shares of the Iain Ross-led LNG carrier owner, dropping its interest to 3.7%.
Cruiseships diverted to avoid Hurricane Florence Cruise lines are diverting from their itineraries to avoid the Category 4 hurricane which is expected to strike the US east coast on Thursday.
Safe Bulkers to install scrubbers on half of fleet Greek bulker owner signs deal with Cosco Shipping Heavy Industry to equip up to 19 of its larger ships with exhaust gas scrubbers next year.
China chases Brazilian soybeans to fill US void Chinese buyers are looking at Canada and Russia apart from South America to feed soybean demand, as well as shoring up domestic production.
Guidance on Cheshire fire headed to IMO Isle of Man Registry recommends changing the fertiliser's bulk cargo shipping name to 'ANBF (not otherwise classified)'.
Inchcape sells freight forwarding business UK service company offloads non-core operation as it focuses on marine.
GSL to pursue expansion with Hayfin and Breakwater cash New York-listed owner lines up $65m loan to buy more feeder container vessels.
Glencore completes $4.3bn Rosneft disposal Chartering and trading giant now holds just 0.57% of Russian energy group.
Liberia extends Chinese fee reduction pact Vessels will continue to enjoy 28% discount for another five years.
Scorpio Bulkers finances two ships with $34m loan Owner's kamsarmaxes covered by leading European bank.
German singer missing from AIDA cruiseship Daniel Kublbock went overboard off Canada, owner says.
Qatargas signs 22-year LNG shipping deal with China Qatari LNGC fleet to be used to carry 3.4m tonnes per year.
ATB brings in ABN AMRO's Ruut Meijer Amsterdam bank appoints experienced finance man to supervisory board.
Torm fitting BWTS systems to 47 tankers Danish owner signs fleet deal with Alfa Laval.
Stena Line running AI pilot scheme Owner aims to predict most fuel-efficient operation for specific routes.
Zeaborn renames Rickmers Shipmanagement German group continues to reorganise assets acquired from compatriot.
Klaveness to firm combi carrier options with $70m raise Clarksons Platou Securities brought in to oversee share sale as fleet expands.
Nordic Hamburg orders Chinese feeder duo German company back at Huangpu Wenchong for 1,400-teu ships.
Houthi bomb boat intercepted in Red Sea Yemen navy thwarts rebel attack on shipping using booby-trapped vessel.
Arkas Line seals Wenchong boxship double Turkish owner replaces deal for up to four vessels at bankrupt Zhejiang Ouhua yard.
Star Bulk Carriers to equip entire fleet with scrubbers UPDATE: Scrubber investment should generate returns 'well in excess of 100%', Deutsche Bank analyst says.
CMA CGM profit down 90% in second quarter French liner giant's financial performance hurt by a 40% surge in the cost of bunkers.
Specialist demo hurt by Turkey woes and China ban Offshore and green recyclers left with few options in wake of both nation's absence from market.
Russia, US energy ministers to talk meet in Moscow Sept 13 Cooperation between the two countries regarding energy policy among discussion topics.
Premiums for ships loading from Iran to rise as US sanctions loom US sanctions on Iran will return on November 4.
Asia bunkering industry preparing for sulfur deadline Shipping companies still weighing their options with less than two years before the sulfur change.
Malaysia fuel oil, gasoil, naphtha output falls on year in July Fuel oil production down 18% from July 2017.
Star Bulk Carriers opts for scrubbers to comply with IMO 2020 rule The company has secured debt financing to finance its scrubbers installation ahead of 2020.
FUTURES: Crude higher on lower US rig count, Iran tension Market participants will be watching US inventory data and OPEC's Monthly Oil Market Report that are due for release Wednesday.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher