Port of Savannah braces for Hurricane Florence The US' second-busiest container exporter could see movement restrictions on Thursday
Molaris axes Product Shipping IPO after signing new MR2 orders Formal withdrawal from public registration comes as affiliate Empire Navigation orders four new tankers from Hyundai Mipo
We are listening to the industry, says UK maritime minister London International Shipping Week 2019 takes place soon after the UK leaves the European Union so let today's maritime sector...
Shipbroker education goes back to school The scheme will provide evening classes across a range of topics, including dry cargo and tanker chartering, law, insurance, and...
Norway pushes for zero emission shipping and the advent of hydrogen Norway's environment minister calls for regulations on the use of hydrogen as fuel
Mitsui venture to build liquid chemicals storage at Antwerp port The tank terminal for liquid chemicals will cost between 300m to 400m euros and will be located at the Delwaide...
Marshall Islands Registry joins environment scheme Major flag continues Rotterdam-based environmental foundation's recent momentum
Netherlands warns of export drop in no-deal Brexit Trade between Britain and the Netherlands could fall by half, declining by tens of billions of pounds, Dutch think tank...
Port of Montreal feels benefit of trade deal with Europe The port's inland location allows it to serve as a gateway into the US midwest and central Canada
Maritime UK optimistic on post-Brexit trade future The Maritime UK chair believes the sector can boost trade with non-EU destinations after it leaves the confines of the...
Pacific coal trades lend support to panamax bulkers Deutsche Bank sees mid-sized carriers outperforming other dry bulk segments on the back of strengthening coal trades in the Pacific...
GoodBulk underlines preference for capes as earnings climb Fast-growing bulker owner quadruples second-quarter profits and backs recovery to continue
EU puts concessions on the table in US trade talks The US has won a commitment from the EU that it will join forces with it to help reform the...
Maersk reveals plan to adopt scrubber technology Maersk says that it is looking into all possible and available opportunities to ensure it is ready to comply with...
Warning over CO2-leaking fire extinguishers The report into two incidents on two separate ro-ro ships calls for regular maintenance and inspections of fire-fighting equipment
Genco completes acquisition of long-haul dry bulk carriers Genco will position itself in the Atlantic to benefit from a potential freight rate increase in the fourth quarter
Second CSIC executive held by China's anti-corruption squad The 54-year-old began his tenure in March 2016. Before that, he had been the deputy director of the No. 704...
Daily Briefing Dorian continues to evaluate BW offer | US ports close as east coast braces for Hurricane Florence | Trade wars...
Top Ships enters $93m leaseback deal for two suezmaxes Chief executive Evangelos Pistiolis says the deal, if it completes, will significantly reduce the company's unfunded capital requirement and mark...
Port of Long Beach keeps top bond rating Fitch cites strong market position, high revenue, liquidity and modern facilities.
Global Ports gets rights to Croatian port Independent cruise operator signs 20-year concession agreement for operating rights to Croatia's Gazenica cruise port.
AIDA to build shore power for Rostock ships Carnival Corp's AIDA Cruises will build 'environmentally friendly' shore power plant at the city's port.
Navios Maritime Containers downplays tariff worries New York IPO hopeful is telling investors any Trump-China fallout should prove minimal for its trade.
Texas port looks to delay Trafigura offshore project Port of Corpus Christi highlights 2006 criminal case against Swiss commodities trader as Texas Gulf Terminals plans to build an offshore oil terminal for VLCCs.
Midelfart snaps up $1.5m worth of Borr Drilling shares Chairman Troim's long-term partner adds to her investment in Norwegian rig company.
Seaspan Corp shapes fresh preferred equity offering Shipowner has both growth and debt repayment uses in mind for new funds.
Maersk changes course on scrubbers Group's head of oil trading says exhaust cleaners will be fitted on "limited number" of ships.
El Faro: Congress gets its Act together How politicians are tackling the problems exposed by the tragedy
India clears Iranian P&I clubs to cover crude tankers Kish and Qeshm win permission to provide $1bn of cover for Iranian oil imports.
Pacific Drilling presses on with revised notes issue Pacific Drilling has taken a further step in efforts to exit Chapter 11 with a tweak to a previously planned notes issue. Idan Ofer strikes key deal with Pacific Drilling bondholders New York-listed Pacific Drilling says it now plans to issue $750m first lien notes and $250m second lien notes. It marks a slight switch from the earlier plan that had involved first and second lien issues of $700m
MOL investing $460m in new storage at Antwerp Japanese group teaming with SEA-Invest for tank terminal project.
Iran sanctions may tighten tanker market, says Maersk Broker Arrival of a new round of sanctions on Iran may deliver a helping hand to tanker owners, according to Maersk Broker. Jakob Hjortlund, the lead tanker researcher at Maersk Broker, says the approaching sanctions will bring uncertainty to the market. Tanker owners could cash in before Iranian window closes Macleod sees seasonal upswing and continued Iranian exports "Our view is that it may tighte
GoodBulk keeps sights on capesizes as recovery takes shape Capital will continue to be targeted at larger vessels, says John Michael Radziwill-led company.
EU spending $2.5bn on coast guard expansion New vessels part of the plan for upgrade of European border force.
Newbuilding deliveries in 2018 will be 50% below record levels Clarksons says further declines from peak production in 2011 are expected next year.
ExxonMobil eyes low-sulphur fuel with $650m upgrade UK's Fawley refinery being readied for 2020 emissions rules.
Shipping and wine make the perfect cocktail at EBE Basile Aloy finds the living is easy after buying ships at the trough of the market. But he's not resting on his laurels. Here he talks about sustainability, diversification and the advantages of being a member of the Saverys clan
Pareto survey predicts offshore spending will jump 10% in 2019 Shipowners can take heart, the pendulum of oil company spending on offshore is finally swinging back
Drifting cargoship towed off Sweden Coast guard brings distressed vessel in to Gothenburg after breakdown.
Bahri VLCC heading for scrap in Bangladesh Saudi Arabian shipowner has netted over $21m for one of its oldest tankers, sources say.
Crude imports slowdown hides real extent of Chinese demand Refinery expansion and strategic reserve look set to reignite seaborne trade
Oslo Stock Exchange mulling Belships protests Frode Teigen-led Lighthouse facing challenge from Tidships over takeover bid
Wisdom sells Imabari ultramax newbuilding Taiwanese owner will lease back bulker ordered with sistership in 2016.
Clipper's Seatruck boosts Irish Sea capacity Larger vessel brought in to replace smallest ferry sailing from Liverpool.
P&O Ferries stops shipping calves Welfare concerns prompt end of veal traffic from Scotland.
Croatia widens hunt for new Uljanik investor Government in talks with German, Chinese and Korean players over cash injection.
Durban looks to accommodate bigger boxships South Africa's largest container port to lengthen and deepen berths to take 9,600-teu ships.
LNG exports to rise nearly 50% by 2022 Increased export capacity in Australia, Russia, and the US will meet strong LNG demand, particularly from China.
HNA seeking buyer for container lessor Seaco Chinese group reportedly looking to offload assets unrelated to its core aviation business.
US Fuel oil stocks build, USAC stocks highest since June USGC stocks rebound from lowest levels since September 2009.
China's MGO market to grow on new ECA timeline for sulfur limit: sources Many of Chinese initiatives to curb pollutants from shipping come as part of its 'blue sky defence' action plan and ahead of IMO's 2020 rule.
Contango structure in China crude futures may spur Dec physical profit-taking The total value of the settlement was Yuan 293 million, INE said.
Fujairah/Singapore bunker price spread widens to 4-year high as tightness persists Strong selling interest in the Singapore delivered bunker fuel market has been capping price gains
Iran situation offers 'huge uncertainty' to market: Russia's Novak "It remains unclear how the countries which jointly receive some 2 million b/d of Iranian oil will act," Novak said.
Safe Bulkers gearing up for IMO 2020 with LSFO, scrubber options Scrubbers will be installed in its medium-sized vessels, Safe Bulkers said.
- 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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
