Seafarer survey highlights criminalisation concerns Nautilus International surveyed more than 500 seafarers as part of its investigation and will file a report on its findings...
Port of Tyne chief executive set to depart Mark Stoner will replace Andrew Moffat as interim chief executive until early 2019 when a new head is expected to...
US may benefit most from 2020 rules Trading houses expect to cash in from the chaos and disruption as the sulphur cap takes effect in January 2020
Traders expect US sanctions on Iran to be tough It is not just oil exports that will decline; oil products and fertilisers will also be affected
Forth Ports' new owner sells minority stakes Forth Ports is the UK's largest port operator, which includes Grangemoith, Dundee and Tilbury as part of its portfolio
MSC extends European rail network Mediterranean Shipping Co is launching a new rail service to bring agricultural cargoes from Spain closer to their target markets
UK business heads confident there will be a Brexit deal The CBI, the Port of Dover, DFDS Seaways and the Port of Grimsby East feel confident the UK and EU...
Minister pays tribute to Greek coast guard officer Kyriakos Papadopoulos, who died this week, has been credited with leading missions to rescue more than 5,000 people during the...
World Shipping Council names Tim Wickmann to head up Asia Veteran liner executive has decades of container shipping experience, most recently with the intra-Asia arm of Maersk Line
Viewpoint: Building resilience Navies of the world are said to spend as much on cyber defence as they do on ship structures and...
Daily Briefing Talks held to stamp out cargo declaration abuses | Felixstowe's 'minor teething issues' continue to bite | Hong Kong sets...
CMA CGM eyes bigger stake in CEVA French line to boost shareholding after CEVA board rejects unsolicited bid that undervalues 3PLs prospects as a standalone logistics company
Port of Oakland records highest-ever peak season growth Import volumes rose 5% year-on-year in September, and surged 9.2% compared to the previous corresponding period
HMM secures $5.3bn state funding HMM will use $2.8bn to pay for a series of 23,000 teu and 15,000 teu container vessels from various South...
New LNG developments do not threaten Gulf competitiveness As LNG demand continues to trend upwards, Tellurian expects a lot of that to be met by shipments from the US
Flex LNG contemplates purchase of 5 LNG vessels from Gerevan After delivery in 2020 and 2021, Flex LNG will own 13 LNG carriers
Clyde & Co boosts Hong Kong office with dispute resolution specialist Christopher Jobson is a prominent marine and dispute resolution partner and returns to the firm's Hong Kong office which he...
Hunt for a shipping deal looks to be over for Saverys vehicle Investors remain tough to convince on maritime assets, whether in a conventional IPO or a Spac merger
JP Morgan drives Greenship asset play forward US firm sells down ultramax quintet it bought cheaply in 2017
Shippers still in the dark on 2020 fuel surcharges Hapag-Lloyd spells out how it will recoup $1bn in fuel costs, but most lines remain unwilling or unable to do so
Evergreen loses appeal in $36m collision case Excessive speed can make you culpable and it can also make the bill higher, say English judges in a rare appeal of a High Court ruling
Shipping's Davos must show real ambition and authority to succeed Call for action at Global Maritime Forum in support of decarbonisation is a welcome - but modest - first step
Wilhelmsen Ships Service's drone deliveries set for lift-off
Shell puts safety first at 'mini-Davos' Grahaeme Henderson commits to drive campaign to slash number of serious personal accidents over next decade
Golar LNG looks upstream and downstream for next opportunity
LNG charter rates hit new highs as market upswing takes hold Stena Bulk vessel fixed on time-charter as headline six-figure rate cements new market mood
Thenamaris opts to build second LNG ship at Hyundai Heavy Industries Greek owner declares option for large gas carrier in South Korea, as it mulls asset plays in dry cargo
Cool Pool chartering chief jumps ship to Celsius Shipping
Troim sees parallels between stranded gas and salmon As he did with Fredriksen in the farmed fish sector, Golar LNG boss spots a cheap opportunity
Marshall Islands calls out Liberian Registry over surcharges Rival leading shipping registers in war of words over certification fees charged to classification societies that are often passed back to owners
Gulf Energy Maritime aims to exit LR2 segment
Marmaras snaps up seventh Toisa vessel Greek shipowner reclaims position as single biggest buyer of former Toisa fleet
Jones Act players talk up market recovery as rates bounce back Tanker owners present an optimistic front amid a cull of overcapacity and demand hopes based on coast-wise shale oil cargoes
US Gulf-Asia VLCC rates hit fresh highs in spite of trade tensions Growing Asian demand and rising shale output have created momentum for VLCC rates, despite China effectively pulling out of the market
Navig8 nets two CSET VLCCs
MSI cautions tanker revival could be completely derailed
GNMTC charters out two aframaxes at premium rates The Tripoli-based owner has been active in the period-charter market and locking in returns
Koch locks in Chinese VLCC amid time-charter standoff US energy giant has fixed one Chinese VLCC and is negotiating more state-owned ships despite trade tensions
Stena Bulk takes Nord Valiant at lower rate
Formosa Plastics Marine mulls sale of entire LR1 tanker fleet Taiwanese owner said to believe vessels are too old for scrubber installation to be an economical option
Transmed chooses ironic name for last Nobu Su ore-oiler
Beyaz picks up another Tianjin Xingang-built handysize bulker Istanbul-based company emerges as buyer of the Clipper handy
Silversea switches its allegiance from Fincantieri to Meyer Werft Cruise line breaks long-standing relationship with Italian builder after Royal Caribbean took control
Panama Canal has record year Latin American waterway closes out fiscal year with higher-than-forecast ship volumes, led by boxship crossings.
CMIG Leasing quietly sells boxships to raise bond cash One of China's most politically connected private investment groups is understood to have successfully raised cash for a bond payment by selling assets, including containerships
Nordic American Tankers enjoys spot market upswing Herbhorn Hansson-led tanker owner 'firm believers in market turnaround' for 2018.
Arkas, Cosco team up for reefer service Mersin-Russia Express set to roll out for transport of perishable goods between Turkey and Russia.
MOL to trial "augmented reality" VLCC system Move over Google Glass, Japanese owner has a better idea.
Clarksons: shipping moves forward but wildcards lurk Research chief Stephen Gordon's state-of-the markets address is largely optimistic, but risks are increasing.
CIT Group fixes $15m of boxship financing Cash will go to US fund-owned MRC Maritime to buy two vessels.
Fredriksen hires lawyer Robin Bakken BAHR legal-eagle to strengthen Seatankers' strategic investment work.
First attempts to extract ro-pax fail Ulysse remains wedged inside CSL boxship off Corsica.
Stena and Bay Crest start new tanker venture Swedish and Japanese owners teaming to manage chemical carriers in Asia.
Yangzijiang forms new $300m yard venture with Japanese partners MES and Mitsui & Co on board as new company targets vessel diversification with growth returning to industry.
Wallenius Wilhelmsen drops Logistics from name Name change part of reorganisation of car carrier business.
Boskalis appoints new CFO from within Giant Dutch shipowner picks Carlo van Noort to replace Hans Kamps.
Pacific Basin enjoys 30% supramax rate rise Hong Kong owner's handysizes also 24% stronger in best third quarter market since 2011.
Teigen wins round in Belships takeover fight Shipowner not obliged to make an offer for all of bulker company's stock.
Cyprus FSRU 'unlikely' to be a newbuilding
Shearwater wins two survey contracts Norwegian owner adds seven vessel-months to backlog in Med and Asia.
Fredriksen's Flex LNG stake cut Tycoon buys $100m of stock in private placement, but holding drops to 45%.
Clipper offloads Danish Ferries in $92m deal Mols-Linien buys out Danish owner and government to take control of six ro-paxes.
Harren & Partner sells Caribbean Feeder Services Spain's Perez y Cia takes over 16-ship operation based in Florida.
CMA CGM boosts stake in CEVA following takeover offer French liner giant supports rejection of bid and increases its stake in Dutch outfit to 33%.
China's CAS spending $41.5m on geophysical newbuilding State science academy picks Huangpu Wenchong yard to expand its fleet
Gang plants drugs on Maersk boxship Seafarer injured after intruders spotted on Maersk Newbury as it travelled through Guayaquil channel in Ecuador.
Shipping equities caught in global market sell-off US-listed stocks post sizeable falls on the back of rising China tensions and interest rate hikes.
First Aussie FSRU delayed by environmental review LNG import project now looks likely to miss original final investment decision date of June 2019.
Wickmann named as World Shipping Council's first Asia MD Former Maersk executive to head up new office in Singapore for US trade association.
Korea to decide on $5.3bn funding for HMM Ministers have to sign off on KOBC plan to finance 20 newbuildings.
Indian charterers continue VLGC action
Japanese owners ordering LPG carriers at domestic shipyards IIno's newbuilding is part of the company's fleet renewal programme
CMB secures premium on ice-class fixtures with Cosco Overcapacity bites but ice-class season starts well for Belgian owner
Golar, GasLog deemed top LNG picks Deutsch Bank enters LNG sector with coverage of Golar LNG, GasLog and MLPs Golar LNG Partners, GasLog Partners and Teekay LNG Partners.
ARA diesel, gasoil stocks hit 7-month high as barges remain trapped in trading hub Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub rose 3.5% on the week to 3.035 million mt in the week ended October 9, according to PJK International Thursday, the highest stock level since February 14 when it was at 3.052 million mt.
Hurricane Michael impact turns from production loss to demand destruction Hurricane Michael made landfall at the Florida panhandle as a Category 4 hurricane Wednesday with 155 mph winds, quickly destroying demand for power, natural gas and refined oil products.
US DATA: VGO, straight run imports dip below 350,000 b/d on crude moves US feedstocks imports from Europe, Africa and other sources dipped below 350,000 b/d in the first 10 days of October over the previous 10 days on a Brent-WTI spread that has been in double digits eight of the last nine trading days, according to US Customs data made public Wednesday and S&P Global Platts market data.
ARA fuel oil stocks down 12% on week, ongoing active arbitrage Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub fell 12% to 1.031 million mt in the seven days to Wednesday, according to data from PJK International released Thursday, and a hefty departure list continued to stand for October.
Asia Aframax rates at year high on Iran sanctions, China crude quota Asian Aframax rates hit a new high for the year on a surge in loadings from both the Middle East and Southeast Asia as Chinese independent refiners get fresh crude import quotas, market participants said.
ASIA SHIPPING Q3: Panamax, Supramax markets hold steady, Capesize sees volatility "Sentiment is weak and enthusiasm for Q4 is beginning to dull," a Capesize shipbroker said.
BP's Dudley says planning for $60-$65 oil, sees prices 'a bit off' from what's good for world "We're planning on a cycle of $60-$65," Dudley said.
Star Bulk Carriers secures green loan to install scrubbers ahead of IMO 2020 $70 million will go exclusively to finance the procurement and retrofitting of scrubbers for up to about 50 vessels in Star Bulk's fleet.
Oil trading houses shun Iran, differ on price outlooks "Just the fact you are trying to avoid the US could be interpreted as a breach of sanctions," said Gunvor's Tornqvist.
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