Shipping needs to take diversity seriously The shipping industry is taking diversity more seriously but is not changing fast enough, Wista president tells Lloyd's List Business...
OSG extends nine tanker charters with American Shipping Five charters were extended until 2022, four were extended until 2020
Industry partners eye blockchain records for seafarer certification BLOC and Lloyd's Register Foundation has started work on the second of three Maritime Blockchain Labs demonstrator projects. This focuses...
Shipping braced for a year of disruption The expert panel brought together for the Lloyd's List 2019 Outlook Forum looked ahead to the next 12 month -...
Barrow quits UK Ship Register Barrow brought into Maritime & Coastguard Agency-led ship register as part of a wider commitment to generate growth in the...
Port of Tyne names Matt Beeton as chief executive The Port of Tyne announced today they have appointed Matt Beeton as chief executive, effective early in the new year
Safety at sea is still a risk for shipping industry Boxship fires and cyber attacks could set back the safety improvements that have been made in recent years if not...
Shipowners should not need finance for scrubbers, says Citi's Parker Seasoned financier argues that environmental first movers in the shipping industry will reap the rewards as societal norms are evolving
US import growth said to slow in 2019 from record Major US retail ports saw more than 2m container imports in October and November
Lloyd's List Outlook 2019: Insurance Marine insurers are heading into the uncharted waters of changing risk
UK ports warn of 'anxiety' over Brexit chaos The UK's two biggest port lobbies warn that time running is out - and reveal European counterparts are baffled by...
Terror group link to abducted seafarers off Malaysia A report by the Regional Co-operation Agreement on Combating Piracy and Armed Robbery against Ships in Asia claims three seafarers...
NYK orders three more LNG carriers in South Korea Vessels will be used to carry cargo from the LNG production facilities in US and Canada, among other places
EIA expects US LNG capacity to double in 2019 The increase in export capacity is likely to favour long-haul shipments from the US to Asian countries
Daily Briefing Hansa Heavy Lift files for insolvency | Lloyd's List Outlook 2019: Regulation | Greek Shipping Awards 2018 winners | Top...
Beijing sets out national shipping sulphur cap Ministry of Transport has released a formal scheme to implement its shipping emission areas, following a draft plan announced in...
Maersk Broker Bulk Chartering in merger with Wonsild Dry Wonsild Dry offices in Copenhagen and Singapore will combine with MBBC's teams
Top 10 in regulation 2018 Ahead of our annual Top 100 most influential people in shipping series, we reveal how, in a year where there...
Scorpio Group takes control of Nordic American Offshore Lauro and management team in, Herbjorn Hansson out after Scorpio pays $5m in private placement for NAO shares.
Why Scorpio Tankers could be headed for reverse split Emanuele Lauro-led company tells investors what it sees as its pricing "sweet spot," and why better hire rates alone might not be enough to get there.
Vanguard takes Norwegian Cruise Line stake past $1bn The Vanguard Group has extended its interest in Norwegian Cruise Line beyond the $1bn mark at a time other major shareholders have been selling stock. Vanguard, already the second largest investor in the company, has reported a larger stake of 10.14%, up from around 8% back in April this year. Apollo and Genting exit NCL after $962m sale An SEC filing shows the investor to boast 22,312,533 shar
Fratelli d'Amato exits shipping with PSV fleet sale Liquidated Italian owner's last ships heading to Azerbaijan's Caspian Marine.
Nicolas Blanchard in at HSH Nordbank Supervisory board appoints new chief clients and products officer.
Feidakis sheds $2m worth of Globus Maritime stock Globus Maritime chairman George Feidakis has sold shares worth over $2m in the bulker owner. Globus Maritime is back in the black Firment Shipping - the investment company which holds his shares in Nasdaq-listed Globus - has offloaded the stock since mid-November. An SEC filing explains Firment holds the shares for investment purposes and sold 433,765 in total. While stock worth $2.06m has bee
First Corpus Christi LNG cargo sails on Tsakos ship Tsakos Energy Navigation LNG carrier expected to lift shipment from Cheniere Energy's new plant
Diana Shipping charters panamax to Koch Diana Shipping has chartered one if its panamax bulkers to Koch Shipping. Diana Shipping returns to black, crushes forecasts The New York-listed shipowner says the 77,901-dwt Ismene (built 2013) has been fixed until early 2020 at $12,125 per day. It is expected to net Diana roughly $4.6m in revenue. The Ismene is one of Diana's newer panamax bulkers, of which it owns 20. According to Vessels
Olympic Subsea wins more time before it has to list Stig Remoy-led owner persuades bondholders to halt flotation in tough markets.
Latsis tops list of likely buyers for Gulf Energy LR2 duo Metrostar and Aegean Shipping also mentioned as possible buyers.
Eimskip mulls boxship fleet restructuring One vessel already taken off-hire in Norway as line eyes cost cuts.
Scorpio Tankers tells investors recovery now in full swing Executives ready to tell New York finance session month-long rebound in products rates is the real thing, with more fun to come before 2020 "party" even begins.
Recovery in Iranian oil exports may boost tanker employment Increase in shipments could bring floating storage opportunities
Koch takes Shipping Corp of India LR2 in buoyant product tanker market The 104,000-dwt Swarna Jayanti was chartered out for up to 12 months as spot earnings of product tankers reach multi-year highs
Trio of VLCCs loading in Louisiana helps lift tanker market blues The sight of three VLCCs loading at Louisiana Offshore Oil Port during the past seven days is highly positive for the tanker market, a leading analyst says. Analysts count cost of Opec cuts on crude tanker market Rising US exports have been highlighted as helpful to the market which will be impacted by Opec cuts in the coming months. Petter Haugen of Kepler Cheuvreux says the three tankers have
Noble makes last-ditch court bid to save restructuring Liquidation looming if trader and bulker owner fails to push through $3.5bn debt scheme after listing transfer blocked in Singapore.
VIDEO: BW LPG crew praised for thwarting pirates The crew of a BW LPG VLGC have been recognised for their bravery in deterring a pirate attack off Congo in October. The 84,000-cbm BW Frigg (built 2016) narrowly escaped a hijacking, TradeWinds reported at the time. All the crew have now been presented with bravery awards on board the vessel. Pontus Berg of BW LPG told the crew: "What you did out there out there goes above and beyond wh
Frode Teigen takes $70m stake in Belships after closing merger with Lighthouse Sverre Tidemand left with 10% of Oslo-listed bulker owner his family has controlled since 1930s.
Gylfi Sigfusson stepping down at Eimskip Long-serving boxship boss moving to the US.
Shipping has been sailing solo for too long. Now it must learn to share An industry that has traditionally been the home of strong individual players will increasingly find that collaboration and decentralisation are the keys to success, writes EY Law's Mads Ribe
Crewman killed as cargoship breaks in two Nine other seafarers rescued after vessel sinks off China.
Pacific International Lines exiting capesize bulker market Singapore's Pacific International Lines (PIL) is said to be exiting the market for capesize bulkers. PIL founder, 100, is world's oldest billionaire SS Teo plans to keep PIL "nimble" Shipbrokers say PIL is selling the Hyundai built 179,000-dwt Shagang Hongchang and Shagang Hongfa (both built 2011) to a Greek or Chinese buyer for $32m each. The deal is understood to include three year charte
Marinakis continues to harvest profit on counter-cyclical capesize asset play Third of six bulkers bought in late 2016 now believed to have been cashed in.
Real-estate giant eyes up the SS United States Longest laid-up passengership could finally find a new purpose in life.
Shipbroker SSY beefs up with new office in Madrid New Spanish arm for major UK shop will be headed by Mike Driscoll.
Ostensjo secures winter renewables work Norway's Ostensjo Rederi has won a contract to operate one of its vessels in the renewables sector. It announced a deal with VBMS that will keep its 2,300-dwt Sun Enabler (built 2009) busy through the winter. The unit is a research ship. The term of the contract was not revealed. VBMS is a Boskalis wind farm cable company.
Tufton Oceanic Assets moves into product tanker market London-listed shipowner adds a fourth vessel type to its fleet with $36m tanker buy.
Western Marine reveals tanker, OSV orders Bangladesh's Western Marine Shipyard has booked orders for tankers and an offshore support vessel (OSV) from the UAE. The Chattogram-based yard's managing director Sakhawat Hossain told the Financial Express that the deal is worth BDT 860m ($10.25m). "We are building two ocean-going tankers and one OSV for UAE," he added. They are due for delivery in the next one to two years, he said. The y
Shearwater wins eight months of survey work Norway's Shearwater GeoServices has clinched contracts for eight vessel-months of survey work. The joint venture between Rasmussengruppen and GC Rieber said one of its ships would carry out a project in the Arabian Sea for Eni in partnership with Oman Oil Company Exploration and Production. The work will be carried out over three months in Block 52 later this year. It involves a 2,500 sq km 3D
Agent and terminal take rap for tanker spill Indian pollution board blames faulty hose for leak from Andromeda's Coral Stars.
Shanghai Salvage expected to win SSL Kolkata wreck removal Chinese-led joint venture is favourite to win tender with stringent conditions
NYK seals long-term LNG charter deals with Mitsubishi Trio of vessels will be used to import gas from trading company's US and Canadian projects.
Louis Dreyfus big gainer in Brazil soy export boom Commodity giant said to account for 13% of South American nation's exports year-to-date.
OSG extension of AMSC charters a "win-win" for both parties Cash flow visibility a boost for tonnage provider in run up to debt refinancing, says Arctic.
Panama Canal targets Brazil-China dry cargo trades Waterway aims to take advantage of grain exporters major increases in shipment volumes.
Spared by earthquake, Port of Alaska still needs rehab Built in the 1960s, the port needs more than $1 billion to replace old docks and remove what it says was earlier botched construction work.
FedEx stock tumbles after rating downgrade Bank of America Merrill Lynch said it dropped the parcel carrier's rating due to the "surprising" departure of the Express segment's CEO.
BIC alleges IP infringement of other lighters BIC Corp. is seeking a general exclusion order for imports of several different brands of lighters.
Maersk introduces cargo insurance alternative Value Protect "can act as a substitute or as supplement to regular cargo insurance."
BIS eyes Chemical Weapons Convention's impact Information will be used to prepare certification to Congress on whether chemical, biotechnology and pharmaceutical firms are harmed by the convention's implementation.
USDOT awards $1.5 Billion in transportation grants
Symbia Logistics looks to 'extremely exciting' future
Crude rally slows in afternoon trading as equities trend lower Crude markets settled up, but off intraday highs as the morning's price rally slowed in afternoon trading
Asian refiners may cheer Qatar's exit from OPEC Qatar's decision to leave the OPEC may work in favor of major Asian oil consumers
UAE invests in crude production for the long term, despite OPEC cuts The UAE is launching into an aggressive plan to expand its crude production capacity
Russia to reduce liquids output by 50,000-60,000 b/d in Jan under OPEC deal: Novak Russia will cut its liquids output by 50,000-60,000 b/d in January
Environmental groups sue to stop US Atlantic seismic tests Nine environmental groups on Tuesday sued the Trump administration in an effort to block seismic testing for oil
Flurry of Rotterdam HSFO barge MOC trades causing delays in barge loadings Heightened activity in the 3.5% FOB Rotterdam barge MOC assessment process this month is causing loading delays in Rotterdam
Singapore's 2019 bunker fuel outlook seen positive amid industry restructure, changing rules Market sources expect the full-year volume to surpass the 50 million mt mark.
BIMCO publishes two bunker clauses to prepare for IMO 2020 rule The "BIMCO 2020 Marine Sulphur Content Clause for Time Charter Parties" and the "BIMCO 2020 Fuel Transition Clause for Time Charter Parties" are available online.
IN THE LOOP: Three VLCCs depart LOOP for India, S. Korea - 10Dec18 The three VLCCs were loaded with crude sourced from LOOP's Clovelly Hub, including a light sweet crude grade, most likely either LLS or WTI MEH.
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