Shipping's carbon emissions have peaked, BIMCO says BIMCO's new research finds that greenhouse gas emissions from shipping peaked in 2008 and focus should be improving the future...
Trade wars could hurt shipping demand, BIMCO says Any escalation of the Sino-US trade spat poses a threat to underlying consumption and may make ship positioning more difficult...
Peter Döhle opts for Greek BWTS for fleet Greek manufacturer gets the nod from second major German owner after being chosen by Oldendorff Carriers earlier this year to...
DP World condemns Djibouti nationalisation DP World says arbitration proceedings to bring to an end the long-running feud with the East African country are ongoing
Sovcomflot orders two LNG-fuelled vessels for Rosneft charters Kremlin-backed deal will see Sovcomflot order the ships from the Russian yard project for Rosneft's export programme
Dorian continues to evaluate offer after 'multiple' meetings with BW After seemingly receiving no response to BW's improved offer in July, Dorian now says there have been 'multiple' meetings between...
BIMCO warns IMO sulphur cap will lead to bankruptcies BIMCO, the largest shipping association, says shipowner numbers are increasing, while broker representation is declining given the difficult shipping markets
Trade 'tensions' put Chinese export growth at risk China's export growth slowed in August despite the front-loading of US cargoes ahead of anticipated new tariffs as the US...
Inchcape sells freight forwarding arm ISS said the decision to sell was made due to the limited synergies of owning marine and freight forwarding businesses...
US ports close as east coast braces for Hurricane Florence As a state of emergency is declared in Virginia, North Carolina and South Carolina, US authorities have announced that several...
Safe Bulkers moves to install scrubbers on half its fleet Contracts with Alfa Laval and Cosco targ retrofits for 19 vessels within 2019
European box lines continue to lead global reefer market European carriers Maersk Line, Mediterranean Shipping Co and CMA CGM are the market leaders in containerised reefer shipping
China newbuild prices see slower growth amid summer break Price index has experienced 12 consecutive months of growth, driven by higher raw materials costs and better market sentiment in...
Hyundai Heavy workers plan strike action The unionised workers will set down their tools at Ulsan shipyard for four hours on Wednesday
Expanding trade frontiers with new commodities A new report by DNV GL forecasts biofuels, water and additive manufacturing as new trade commodities, while gas and cargo shipping is set to triple and double business by 2050.
Navios Containers taken off N-OTC market Angeliki Frangou-backed boxship owner drops from the Norwegian over-the-counter (N-OTC) market after last week's move to become listed on the Nasdaq Global Select Market.
Top Ships enters $92.5m leaseback deal Athens-based tanker owner plans to sell two newbuilds to an unnamed Chinese leasing company and then charter them back for three years.
Stolt, chemical maker fully liable in Flaminia fire MSC, Conti among those cleared of blame in $280m boxship blaze that killed three.
North P&I Club to open New York office UK-based insurer's New York location will be led by Ian Duthie, who comes from Marsh P&I as senior vice president for greater New York City.
Bouchard orders sister tug New York-based tugboat owner orders articulated tug barge with option for second vessel from VT Halter Marine.
Norwegian confirms top accountant Mark Kempa hired as chief financial officer of Miami-based cruise major after serving six months in interim capacity.
DFDS to fit scrubbers on 12 freight ro-ros Danish owner will spend $47m on environmental compliance.
Ship caught up in arms row leaves South Africa Transflot's Lada receives permit to head to Lagos in Nigeria.
Bimco warns over trade row Tit for tat tariffs battle between US and China set to hit shipping markets.
Samsung and Zvezda form shuttle tanker JV Korean group to help start-up Russian yard build vessels up to 120,000 dwt.
Dorian LPG says it has met multiple times with BW leadership Takeover target says it is continuing to evaluate merger proposal and does not close doors to potential opportunities.
Island Offshore wins Repsol PSV extension Norwegian owner keeping supply ship in operation until at least November 2019.
Oceanteam wins cable-carrying contract Norwegian-listed owner seals barge deal with UK energy company.
Feringa staying at Team with $6m share deal Tanker company's CEO wins new four-year term with stock options attached.
Two staff killed in attack on NOC HQ Armed assailants storm Libyan oil company office in Tripoli, injuring another 10 employees.
SCF orders LNG-fuelled aframaxes backed by 20-year charters Russian owner signs with Rosneft for more 'Green Funnel' tankers at new Zvezda yard.
Sergey Frank hails new propulsion systems training centre Sovcomflot CEO says Vladivostok facility will provide much-needed crew expertise for Arctic operations.
Austal clinches ferry deal from Trinidad Australian yard confirms talks near conclusion after Caribbean prime minister reveals order.
Tanker owners could cash in before Iranian window closes Rates may jump as US deadline over crude shipments approaches.
Glencore fails in appeal against Navig8 tanker claim UK court of appeal rules trader must indemnify pool operator against legal action from Societe Generale in LOI row.
Asia ship robberies inch up in first eight months Fredriksen bulker among those ships targeted by robbers in August, says ReCAAP report.
Hyundai staff set to strike in support of offshore colleagues Group expects ruling from labor relations commission over introduction of unpaid leave for idle workers.
Enterprise to boost Houston LPG export capacity US-listed terminal and pipeline operator will now be able to handle 21m barrels per month.
OPEC oil output to average 32.35 mil b/d in 2018, 32.20 mil b/d in 2019: EIA
Shell warns UK against 'no-deal' Brexit Company said "no-deal" would significantly raise costs in the North Sea.
Chevron Marine to launch 2020 compatible lubricants in 2019 Lubricants would help marine engines handle the lighter fuels used post-2020.
Turkey's Tupras refineries helping re-balance gasoline, FO markets Fuel oil exports have helped supply the Mediterranean bunker market.
UK's Fawley mulls investing in diesel unit; final decision in H1 2019 IMO 2020 sulfur cap potential reason for new unit
Pace of fuel oil arbitrage east from ARA steps up Europe-Singapore fuel oil arb still lagging behind typical volumes.
Asian middle distillates gain momentum in September on firm demand Traders said sentiment remained bullish amid tighter supply and steady demand.
REFINERY NEWS: China's Sinopec Guangzhou cracks Murban to lift light ends yield "The margins of light ends are now better than that of heavy ends, which encouraged us to adjust the product structure," a source said.
INTERVIEW: Oman in talks with Asian partners for oil storage "Two or three Asian countries are already interested [and] visited the location a couple of times," Hilal al-Kharusi, MD OOC said.
Russia, US energy ministers to talk meet in Moscow Sept 13 Cooperation between the two countries regarding energy policy among discussion topics.
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.
Premiums for ships loading from Iran to rise as US sanctions loom US sanctions on Iran will return on November 4.
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.
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