Scorpio Tankers' net loss deepens on merger costs The world's largest owner of product tankers posts worse-than-expected results
TEN clinches new charter deals for seven panamaxes Extensions with Flopec promise minimum of $70m in revenues
Bad corporate governance is a deal-breaker for shipping IPOs, analyst warns Leading shipping analyst calls for zero tolerance of related-party transactions
First VLCC loading in continental US signals oil export boom LOOP turns bi-directional as test run is under way
Fickle geopolitics shadow shipping Americas Awards judges warn of outside influence on global shipping industry
Maritime UK demands more pragmatism on EU transition Maritime UK chairman David Dingle urges British government to set politics aside in European Union withdrawal talks, and calls for...
How will the IMO help with 2020 sulphur cap? A single set of guidelines will be adopted later this year
ICS warns Indonesia against protectionist measure Indonesian coal exports could be seriously undermined, insiders warn
Epic Gas sees bright spots in US exports and STS LPG carrier's bottom line plagued by impairment in 2017
Spot rates plateau ahead of Chinese New Year Carriers unable to push through last minute rate hike before Chinese factories close for the holiday period
Daily Briefing French oil and gas service provider Bourbon Corporation is taking a heavy loss on the sale of 41 older ships...
Five killed in blast at India's Cochin Shipyard Another 12 workers seriously injured
Bulk sector drives sharp rise in Shipping Corporation of India profit Fiscal third quarter profit for the state-owned company jumps to $12.8m
Keppel served with summons in new EIG lawsuit Singapore shipbuilder believes lawsuit is without merit and will vigorously defend itself
Kawasaki to build azimuth thruster propellers for Chinese corporation The Japanese shipbuilder will build four units for China Communications Import & Export Corporation for delivery to Tianjin Lingang Tug
NYK expects an $18m hit from suspected misconduct in Shanghai Company seeks more time to file quarterly securities report amid investigation into possible embezzlement, or unlawful expenditures
New Indonesian coal rules can benefit owners and insurers, says Asian Bulk Logistics official World's largest seaborne coal exporter plans to oblige traders to use Indonesian carriage and insurance but leaves room for foreign...
Seaborne thermal coal trade forecast to grow by 5% in 2018 China and India will raise imports while the US acts as a swing supplier, says Noble analyst
Tsakos Energy extends hire on panamaxes Diversified tanker owner keeps up strategy of long-term employment for fleet.
Safe Bulkers breaks loss-making streak New York-listed company reports its first adjusted net profit after 11 quarterly losses, but still takes impairment.
GMS calls 'Fake News' on Seatrade claims Leading cash buyer of ships for demolition denies ties to four reefer ships that were said to have hazardous waste.
Investors in Scorpio Group companies change stakes Fidelity Investments buys more shares of Scorpio Tankers while Raging Capital Management reduces ownership in Scorpio Bulkers.
New supramax for Greek shipowner New Horizon Purchase of 10-year old bulk carrier marks first deal in two years for five-year old owner.
Waterfront MR tanker order goes to four Main methanol shipper looks to both increase cargo capacity and demonstrate use of fuel in shipping.
Bugbee tackles bond questions after Scorpio Tankers share slump President says convertible refinancing not on agenda after equity 'flu jab'.
UOB provisions hit $1.1bn in 2017 But excess allowance reverses some of the losses from tough oil and shipping markets.
Chemical leak blamed for fatal blast Cochin Shipyard boss explains how sudden gas build-up could have led to explosion.
Epic Gas steps up renewal with sale Disposal of 1990s-built ship comes after arrival of several newbuildings in 2017.
Essar Shipping cuts third quarter loss Indian bulker owner boosted by rising revenue.
Scorpio Tankers adds chartered ships amid fourth quarter miss Five ships fixed in or extended, reflecting expectations of marker rebound.
ICS urges Indonesia to drop cabotage rules Peter Hinchliffe says new restrictions are harmful and discriminatory.
Legal fight begins to reduce Indian bulker queue Importer says coal cargoes on eight vessels halted at Mormugao.
Alphaliner charts rise in orderbook after newbuilding run Maersk Line, Evergreen Marine and Yang Ming deals to help orderbook back toward 15% of trading fleet.
Fred Olsen and N-O-S team on crew vessels Norwegian owner's fleet to be managed by Swedish partner.
American Shipping hit by higher interest But Jones Act market enjoying "significantly improved" conditions, tanker owner says.
Ryan seeks marine growth as it buys Lodestar P&I Francois Pinault's Tawa Associates selling its fixed premium protection and indemnity venture
Franbo Lines adds another supramax Taiwanese owner continues expansion with Japanese capture.
Navios Maritime Partners in $35m fundraiser Angeliki Frangou-led MLP raising more cash with the help of its parent.
Shipowners facing ticking data timebomb Many companies unprepared for new EU privacy regulations that could result in fines of up to EUR 20m or 4% of turnover, HFW says.
Sea Trucks offloads four construction vessels Company says disposal of tonnage will reduced debt owed under secured bonds by $215m.
Impairments drive Epic Gas to $16.3m loss Singapore-based LPG specialist sees stronger freight rate increases in smaller size vessels.
Lunar New Year drives US LPG cargoes to Europe Record volumes of gas diverted to the west as Chinese annual festivities weaken demand.
Shipping will slump again due to 'human nature' Recovery will continue for the near future, but downturn will return at some point says shipowner.
Yilport box volumes grow 9.5% in 2017 Yilport Holding, the port terminal operator and logistics subsidiary of the Yildirim Group, saw throughput at its container terminals jump ...
Steel, aluminum imports face wide or narrow remedies Separate reports on the national security impacts of steel and aluminum imports sent by the Commerce Department to President Trump in Janua...
Pilot posts record Q4 revenues Pilot Freight Services saw its revenues rise 10 percent year-over-year to $639 million in 2017, according to a recent statement from the co...
New coin launched to support shipping blockchain platform A new shipping technology company on Wednesday said it has raised $7 million through an initial coin offering (ICO) that will help support ...
NYK reports possible $18.6m embezzlement NYK said former employees in China may have embezzled or "committed unlawful expenditure" at a cost of 2 billion yen (U.S. $18.6 million) t...
NTSB releases final report on El Faro investigation The National Transportation Safety Board (NTSB) has released its final report on the investigation of the sinking of the cargo ship El Faro...
Former CP employee sentenced for IT sabotage The Justice Department on Tuesday said Christopher Victor Grupe was sentenced to a year, plus one day, to prison for intentionally causing ...
CBP collects over $34.8b in duties in FY2017 U.S. Customs and Border Protection (CBP) collected approximately $40.1 billion in duties, taxes and other fees in fiscal 2017, including ov...
Senate confirms rail, truck agency administrators The U.S. Senate on Tuesday evening confirmed by voice vote Ronald Batory as administrator of the Federal Railroad Administration (FRA) and ...
Oil rises as equities recover from CPI report The oil complex snapped higher Wednesday.
TANKERS: Scorpio says young product tankers well positioned for 0.5% sulfur ceiling The IMO 2020 global sulfur ceiling decrease to 0.5% from the current ceiling of 3.5% will be a relatively easy transition for Scorpio Tanker's large under-15-year-old product tanker fleet.
TANKERS: Russian ports impose stricter ice class restrictions Three key Russian ports in the Gulf of Finland are set to expand ice class restrictions later in February.
Asian fuel oil cracks strengthen on weaker crude, healthier fuel demand High sulfur fuel oil cracks in Asia are strengthening amid weaker crude prices and healthier demand in the fuel oil and bunker fuel markets, hitting their highest levels since the start of this year.
FUJAIRAH DATA: Oil product stocks down 2.4% on week to January 22 Heavy distillates drop 16.1% to lowest recorded level.
ICE Brent/WTI spread nears $4/b In order for WTI to keep chipping away its discount to Brent, the US crude market must continue to tighten relative to the rest of the world.
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