Cold snap hampers US coal shipments Halted shipments may lead to a reduction in tonne-miles as the top two importing nations are Japan and India
Norwegian fund dumps shipping companies in ethics push Fund cuts links to Evergreen Marine Corp, Korea Line Corp, Precious Shipping and Thoresen Thai Agencies over environmental and human...
Trump's 'last chance' over Iran gives shipping some relief Best to shrug off Trump rhetoric for now because guessing games over US-Iran politics remain largely futile
Blockchain comes of age in shipping Industry behemoths' backing will see the world's leading software platform for digital assets enter the shipping mainstream
Drifting Sanchi oil spill threatens Japanese coast ITOPF downplays potential damage to Japan
HMM files lawsuit over logistics unit deal Lawsuit related to an allegedly unfair contract the shipping line had inked with the former Hyundai Logistics that was sold...
Daily Briefing Companies are leaving it late to book space in repair yards for their ships to be adapted to comply with...
Crude tanker markets feel impact of oversupply Owners still can take advantage of occasional spike as seen in recent VLCC and aframax market developments
Norden raises forecast for 2017 Denmark-based dry bulk and tanker owner and operator expects to see profits for the first time in at least five...
Maersk and IBM announce blockchain joint venture Blockchain hits maritime mainstream as shipping and tech giants put support behind secure trading
Rise in Asian armed robberies at sea fuels fear of crew abductions Report finds continuing abductions of crew in Sulu-Celebes Seas remains a major concern
JBIC to fund Ta Tong Marine's VLOC newbuilding Shipbuilding loan issued under the export credit agency's ship exports buyers credit scheme
Rio Tinto sets iron ore guidance for 2018 Record iron ore shipments in the final quarter helped miner hit export targets
Containership rates boosted ahead of Asian holiday demand But rising capacity growth of around 5.9% over the year could put a damper on rates and earnings
Poland facing EU probe over tax breaks for shipyards Commission trying to verify that the tax incentive adheres to EU state aid regulations and favours some companies over others
Rotterdam sees reported maritime safety incidents fall 19% Port authorities attribute safer operation to ramped-up investment in navigational facilities
Canada catches Hapag-Lloyd ship speeding Hamburg-based boxship owner becomes latest in dragnet aimed at reducing whale strikes.
BP in short-term hire for Reach Subsea OSV Oslo-listed offshore services provider says new deal allows it to better cover charter-in costs for vessel.
Spain's Cepsa takes NAT suezmax for year New York-listed suezmax specialist takes ship out of spot market for time charter hire.
Unipec's VLCC hires give some owner uplift Chinese oil major's move to fix for February laycans see some ships get better rates; trading houses cover bets.
EC proposes change to ship waste law Revised measure would require shipowners to pay for delivery of waste in ports, regardless of whether any is delivered.
Teekay Offshore launches new preferred offering New York-listed MLP has four banks on board working on its largest fundraiser.
Diana charters out former Foremost ship First publicly disclosed hire for ship now under control of Athens-based firm at nominal 2018 rate.
JC Flowers, Cerberus 'start HSH Nordbank talks' Report says funds have two weeks to close $860m offer for lender.
PV Shipyard cuts third quarter loss Vietnamese company improves despite revenue decline.
Clinton Webb sees crude tanker woe throughout 2018 AXIA Capital Markets analyst says rates will remain under pressure this year.
Greek tanker refloated off Psara Tug helps Kinetic Shipping vessel that briefly touched sea bed.
Trafigura signs up for Cheniere LNG cargoes Amsterdam-based trading firm becomes seventh customer for long-term purchase of LNG from US supplier.
DSME in talks with Romania over Mangalia stake Korean shipbuilder confirms negotiations that would leave Damen out in the cold.
AP Moller-Maersk and IBM strike blockchain joint-venture Michael J. White to lead new company formed off the back of March 2017 collaboration.
Clarksons: oil price backing OSV recovery Rig activity on the up as vessel rates approach inflection point.
First Ship Lease sells tanker to cut debt Singaporean Trust will carry fourth quarter impairment on the transaction.
K Line sells capesize as sentiment stays strong Japanese owner believed to have sold one of its capes in a $20.6m transaction.
Orskov Yard increases annual earnings Fall in costs boosts Danish yard in latest financial year.
Great Eastern offloads supramax Indian owner finds buyer for 2003-built bulker.
Grindrod shipping IPO delayed Examination of international listing taking longer than expected at South African tanker and bulker group.
Thomas Miller bids for Navigators P&I Thomas Miller is taking a further step into the fixed premium market with a plan to acquire the Navigators portfolio. Miller is in exclusive discussions to take on the business and is aiming at completion well ahead of the annual 20 February renewal of P&I cover. Navigators cuts back in P&I Consolidation in the intensely competitive fixed premium P&I market has been expected for some time. Nav
Samsung president promises 'profit at any cost' in 2019 Projection comes amid belief tanker and LNG order upturn will be followed by return of offshore business.
Vietnamese snap up Richfield anchor-handler Sale of Singapore owner's offshore fleet continues with disposal of 2004-built ship.
Norden poised to return to black for first time in six years Danish owner set to book its first adjusted annual profit since 2011.
Workers at Cammell Laird to walk out UK shipyard hit by dispute over pay and conditions.
Turkey reveals route for Istanbul Canal Waterway will offer 45km alternative to busy Bosporus Strait.
US owner inks containership double China's CSSC wins another order from unnamed client.
Answers to Sanchi disaster may take months Iranian government official says it may take up to three months to decipher ship's black box.
Rio Tinto sees record fourth quarter Australian mining giant says it might squeeze out another 10mt of iron ore in 2018.
Too early to return to Singapore small caps More 'housekeeping' expected at smaller offshore firms, say analysts.
FedEx realigns specialty logistics, e-commerce solutions FedEx Corp. has announced the realignment of its specialty logistics and e-commerce solutions in a new structure under FedEx Trade Networks...
Executive Moves: COSCO SHIPPING International, Hamburg Süd, JAXPORT, Logistyx Technologies and Flexport Source: Pressmaster/Shutterstock COSCO SHIPPING International announces several appointments; Hamburg Süd names global head of corporate com...
WTO ruling against U.S. duties on OCTG imports from South Korea finalized A November World Trade Organization (WTO) Dispute Settlement Body determination that U.S. antidumping duties on oil country tubular goods (...
Court halts work on POLA-BNSF railyard project amid environmental concerns California's First Appellate District Court has brought work on a planned rail project near the Port of Los Angeles to a screeching halt on...
National Association of Manufacturers presses passage of 2017 Miscellaneous Tariff Bill Act The National Association of Manufacturers (NAM) is pressing House lawmakers to pass the 2017 Miscellaneous Tariff Bill Act (H.R. 4318), whi...
Maersk, IBM to get underway on blockchain joint venture Danish shipping giant A.P. Moller-Maersk and IBM have announced a blockchain joint venture for secure trade in the shipping sector. The ve...
Port of Oakland pushing to issue millions of dollars in pollution reduction grants to freight haulers Port of Oakland officials are making an 11th hour financial pitch to freight haulers in January to get them to take advantage of clean-truc...
Drewry: Potential exists for more mergers, acquisitions in container market With nearly 400 different vessel operators plying their trade worldwide, there's plenty of competition and potential for more merger and ac...
Get GO Global to acquire Singapore's LOGIS Consolidators Freight forwarding software platform provider Get GO Global (GO) has entered into an agreement to acquire 100 percent equity interest in Si...
US inventory declines shift NYMEX crude into backwardation Cushing stocks lowest since February 2015.
ICE Brent drops below $70/b as oil reverses, equities fade Oil futures fell Tuesday pulling ICE March Brent down $1.11 to $69.15/b.
Petrobras adds seven bunker fuel barges at Santos port Petrobras has put into service seven new double-hull marine fuel barges at the Brazilian port of Santos, the state-led company said Monday.
External: Praxis Energy Agents S.A
European Parliament calls for Arctic fuel oil ban The European Parliament has called for a ban on the carriage and use of fuel oil on ships in the Arctic to prevent environmental damage.
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