OSG, International Seaways report 2017 earnings: tanker results round-up Latest reporting: Overseas Shipholding Group, International Seaways, Torm, Navigator Holdings
Globus eyes fleet renewal in recovery year Bulker owner reduces losses as market gives a 'glimmer of hope'
Will the real Wilbur Ross stand up? Having made fortunes in steel investments before entering shipping, Ross now advocates tariffs on steel imports
Low rates undercut booming transpacific volumes APL's Nicolas Sartini forecasts a good year on the transpacific, but low rates and hinterland issues still dominate US trades
AMA Capital Partners walks away from Lloyd Fonds US investors end groundbreaking German foray for undisclosed sum
Specialist firefighting units tackle fatal blaze on Maersk vessel Firefighting efforts are being led by Ardent, jointly owned by Maersk's Svitzer Salvage and Crowley's Titan Salvage, as well as...
Maritime sector urged to snuff out counterfeit goods Call for carriers and forwarders to sign up to best practices on knowing customers in order to identify shippers of...
Call for new German government to ratify Hong Kong convention Europe-only regulations insufficient to guarantee safety and environment, Hartmann argues
The Interview: Anoop Sharma Shipping Corporation of India's boss Anoop Kumar Sharma wants to attract more business, while establishing a greater presence in Southeast...
Reshoring movement raises questions about fresh liner tonnage SLPA chairman says carriers must take into account inevitable labour shift from Asia to western markets as automation takes hold
Irish Continental Group shrugs off Brexit uncertainty European ferry and containership operator storms ahead to post 42% profit spike
South Korean banks' financial exposure to SSME and STX O&S at $4.3bn Local banks in Tongyeong and Jinhae - home cities to SSME and STX O&S - might be affected by the...
Maersk Honam crew may have been overcome by toxic fumes Ship was carrying flammable liquids and solids, says local media report
Sweden leads the shipping decarbonisation charge New report urges Sweden to promote its achievements abroad
Japan's NS United appoints new president Kazuo Tanimizu is the company's new representative director and president, replacing Toru Obata, effective from March 8
International Seaways starts fleet renewal Timely sale and purchase transactions increase fleet capacity by 40% while lowering average age to 9.5 years
New Trans-Pacific Partnership deal signed without US TPP11 deal will facilitate greater flows of finished goods, grains, oil and gas between signatories by bringing down trade barriers
Globus eyes fleet renewal in recovery year: bulker results round-up Latest reporting: Globus Maritime, GoodBulk, Seanergy and Norden
Maersk completes oil and gas division sale to Total Shipping conglomerate reaps $5.6bn accounting gain from deal
China criticises US for imposing steel and aluminium tariffs The US decision, which comes into effect in two weeks, has provoked widespread condemnation also from the likes of Japan...
Aegean cuts dividend after fourth-quarter loss Bunker supplier defends its controversial move to acquire waste management business HEC
Globus Maritime narrows losses for the fourth quarter Supramax specialist sees higher revenue on improved rates as market moves out of 'twilight zone' and company looks at fleet renewals.
Scorpio Tankers puts pair on sales block with major brokers President expects move to provide evidence that Scorpio shares being undervalued in rising asset market.
Smit and Ardent tackle Maersk blaze Specialist firefighting vessels arrive at site of fire on Maersk Honam.
Diana Shipping inks in panamax charter with Glencore Potential 18-month deal comes at a time Diana believes the market has reached balance.
Brodosplit completes last steel gate for Venice lagoons Croatian shipyard finishes $86m job to protect Italian city from rising sea levels.
Evercore ISI places outperform tag on tanker owner Torm Promise of continued growth and a projected jump in profitability have led Evercore ISI to take up coverage of Torm with an outperform rating. Analyst Jon Chappell has placed a $13.00 per share target price on the company, which added a US listing in December to its long established position on the Nasdaq Copenhagen. Torm looks to US listing for next act in tanker consolidation story As TradeWi
BMW suing car carriers over collusion Car maker wants damages in South Africa from MOL, K Line and others.
Court approves Skaramangas liquidation Athens hearing says Greek state and Piraeus Bank can sell off yard assets.
Midsize LPG trio find additional time-charter cover Shell books two 35,000-cbm gas carriers, while Indian Oil extends another for a year.
Newbuild cancellations sink to lowest level in over a decade BRS says significant fall comes at the same time as orders recover to 10-year average levels.
Harmstorf sells last ship to MPCC German owner offloads 2005-built feeder to ever-expanding Oslo-listed partner.
Vietnamese cargoship sinks after collision Pumping fails to save Viet Thuan vessel following smash.
Turkish government selling off cargoship Public auction called for veteran Aries at Istanbul.
Six metres of water in bulker engine room Crew safe after Seacon vessel flooded off Finland.
ICG: "Maersk crew affected by toxic fumes" Indian Coast Guard continues search for four men from boxship, including Indian cook.
NEWS FLASH: ILA, USMX to resume contract talks The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) revealed Friday they are resuming master ...
GE expands pilot port data project to Long Beach GE Transportation is expanding a pilot data project that seeks to digitize and harmonize disparate supply chain data flows to increase visi...
Trump signs off on steep steel, aluminum tariffs "Section 232" tariffs on March 23 are set to hit steel and aluminum imports under a broad range of Harmonized Tariff Schedule (HTS) subhead...
APL CEO: New transpacific loop could attract air shippers APL's new Eagle Express X (EEX) service will be fast enough that it may be attractive to U.S. importers who have traditionally used airfrei...
FMC reviews 18 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 18 ocean transportation intermediary (OTI) license applications and changes for rev...
Commerce finds subsidies in Chinese steel fitting imports The Commerce Department has preliminarily determined that Chinese exporters of forged steel fittings to the United States receive counterva...
U.S. tariffs on steel, aluminum to enter force in 15 days Global tariffs of 25 percent on steel and 10 percent on aluminum will take effect March 23, President Donald Trump announced late Thursday ...
IATA: Airfreight volumes flying high in January Global airfreight volumes rose 8 percent in January 2018 compared with the same month the previous year, according to the latest data from ...
Port of NY/NJ box growth continues in January The Port of New York and New Jersey handled 585,864 TEUs in January 2018, surpassing the previous monthly record set in January 2017 by 13....
Iraq's SOMO adopts new crude OSP calculation strategies Iraq has adopted several new strategies to calculate its monthly crude official selling prices for Asia and the Platts Oman and Dubai assessments will likely remain the most suitable benchmark for pricing Basrah grades, a senior executive at State Oil Marketing Organization said Thursday.
CERAWEEK: Bullish on Alaska oil and gas potential, Murkowski fears steel tariff impact on momentum Alaska Senator Lisa Murkowski said Friday the benefits of the once-in-a-generation legislation that allowed increased oil and gas drilling in her home state could be muted by sweeping tariffs on imported steel that she fears will make LNG and pipeline projects too costly to build.
Oil rises as risks ease from inflation, trade war, Korea A stock market rally lifted oil futures Friday after monthly US jobs data showed a large pick-up in hiring and modest wage growth, a "Goldilocks" combination well-received on Wall Street.
African bunker fuel hubs brace for more competition post 2020 The African bunker fuel markets could struggle with the implementation of the International Maritime Organizations' 0.5% sulfur cap on marine fuels in 2020 due to extensive competition from Mediterranean ports and the question of marine fuel quality, according to analysts and trading sources.
RMK 500 availability in Rotterdam tightens as product shifts east Rotterdam higher viscosity RMK 500 CST fuel supplies have tightened in Northwest Europe in recent weeks as parcels were being shipped to Asia, sources said.
Low sulfur bunker fuels most viable for IMO 2020 rule: Eni exec In the first five years or so, scrubbers demand will be limited to only around 45 million mt/year, Trani said.
FUTURES: Crude up on softened tariff stance, positive sentiments "There is a broad improvement in risk appetite now as a result of easing political tensions," Janu Chan, senior economist at St George bank, said.
Total closes Maersk deal to become second biggest North Sea producer Brings Total's projected output to 500,000 boe/d by 2020.
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