Bad bunker cases on the increase, says Lloyd's Register The use of unusual blend components may increase in the run-up to the low-sulphur regulations taking effect as people try to...
US blacklists Chinese shipping firms and Russian port agency over sanctions The US warns over 'deceptive shipping practices' conducted by North Korea to evade sanctions
Chinese exports hold up despite trade war Volumes could stall later in the year but Nomura analyst believes authorities will be restrained in trying to resolve the...
Turkish shipbreakers catch a breather The largest shipbreaking industry outside of Asia may escape from catastrophe as Turkish scrap price recovers
DFDS battles headwinds from Turkey and Brexit Chief executive speaks of growing trade imbalance in Turkey as a result of the political tension with the US that...
DryShips agrees sale of 17-year-old panamax Delivery to the buyer, which is unaffiliated to DryShips, will be within this month
Greeks lead secondhand ship investments in year to date Norwegian owners were the second-highest spenders, with close to $1.8bn of market purchases, ahead of Chinese owners on nearly $1.2bn
DP World revenues up on volume growth Profits slip as integration of new businesses and problems at Doraleh hit margins
Torm's net losses widen on weak earnings Danish owner remains a strong performer but is not immune from general spot market weakness
Viewpoint: Hard to be the ideal husband An increasing problem faced by many shipmanagers is a shortage in technical superintendents and fleet managers, people who need to...
Daily Briefing US crude is still flowing into China | Tariff tiffs fail to taint panamax rates | Currency volatility points to...
DFDS orders another ro-ro ferry after posting weaker second-quarter profit Order is placed after the company posts a 16% decline in net profit to $62.2m for April-June
Two killed in SCI tanker fire The crew member who suffered burns have been evacuated and being treated in Muscat
Price rise and weak market turn Torm off newbuildings Jacob Meldgaard says Danish owner is not looking to add to its orderbook right now.
Vinalines ready to write a new chapter in black ink after IPO TradeWinds runs the rule over Vietnam's largest shipowner ahead of next month's Hanoi Stock Exchange listing
Fink's BlackRock has placed wagers across shipping sectors
Ariston bulker free after seven-week arrest in the UK NatWest Markets arrested vessel after failing to get added security when falling value breached loan covenant
Changing of the guard slows pace of deals
BoCom FL to expand 'pure owner' fleet by 10 vessels China's Bank of Communications Financial Leasing is adding supramaxes to its non-leased bulker fleet through a deal with a German bank
Tschudi exits offshore as losses continue
Tidewater honours cash-flow vow in second quarter Higher day rates are 'the only missing piece of Tidewater puzzle', says analyst
HS Schiffahrts scoops up another feeder boxship Latest acquisition to be deployed in new chartering venture
Bunnemann continues boxship spending spree
Shin Yang doubles up on feeder boxships
Container market tilts in favour of liner operators Capacity management pushes down charter market, but shipowners believe the pendulum will swing back
Crisis at Lloyd's signals higher premiums ahead for owners Upheaval in the London insurance market is likely to put underwriters under intense pressure to improve the performance of marine lines
Carbofin lands LPG charter with Petrobras
Mozambique LNG reassesses yards and shipowners
Maran Gas switches FSRU newbuilding to LNG carrier
Uniper Global mulls taking on a second LNG ship as vision grows Commodity trader eyes up tonnage move as it expands global portfolio of LNG interests
Australia's NWS takes bids from shortlisted suitors in LNG carrier sell-off Latest round of offers submitted from wide range of parties eyeing seven-ship sales buffet
Blackwell returns to Exxon after 'wild ride'
Remoy rejects talk that vessels bargains are on way out
Rem Offshore boosts its fleet by bagging another bargain vessel Norwegian firm appears to have spent around $30m on assets estimated to be worth up to $157m in a rapid comeback after losing its original fleet in a forced merger
Salvors eye bounty from two tricky wreck removals Tender opens for clear-up of Raysut II wreck in Oman, while insurers ponder approach to SSL Kolkata removal in Indian waters
Oldendorff wins settlement but Bank of China fight goes on
2020 fuel switch deadline adds urgency to purge 'bad bunkers' Spread of contaminated fuel comes at a critical juncture ahead of landmark regulation shift
Astra takes first steps into tankers with pair of MR product carriers Four-year-old Greek outfit enters MR arena with Onomichi-built vessels
Super Eco Tankers offloads its last 1990s-built vessel Greek owner has been busy disposing of its oldest product tankers this year.
Petrobras takes four MR tankers on period charters Brazilian oil company picks up quartet from Stena Bulk and Falcon Navigation
SK detains Capital VLCC in South Korean port Greek owner pledges to 'vigorously' challenge 'wrongful arrest' in court
Malaysia puts superyacht up for grabs
Erasmus sells oldest bulker for $8.1m to undisclosed buyer
Exmar and Avance stay out of Equinor VLGC tender
Diana Shipping locks in panamax bulker at higher rate Greek owner fixes out one of its vessels on a 12 to 15 month charter.
Epic Gas says yes to consolidation but no to scrubbers Charles Maltby says consolidation is healthy and second hand ships are a potential target.
DHT drives early deal on convertibles VLCC owner exchanges two-thirds of notes due to mature next fall for 2021 vehicle, raises $41.6m in fresh cash.
Mercuria becomes Aegean's sole lender Swiss commodities trader expects to add Mercuria's David Gallagher to Aegean board, a month after announcement of possible partnership.
DP World sees higher second-half profit Dubai-based terminal operator sees higher bottom-line amid improved revenue as it eyes 'uncertain' market.
Container carriers draw different lines for 2020 compliance Hapag-Lloyd pilot typical of mixed approach to new emissions laws among top container players.
Maersk Supply Service AHTS joins The Ocean Cleanup
Torm shows 2020 hand with scrubbers set for all newbuildings Danish tanker owner says delivery of ships from GSI will not be impacted by the programme.
Genco sees cost of finance fall after closing five-year loan US-listed bulker owner says new funding will be tapped to support ships purchased this summer.
Road to recovery for VLGCs may have a few more twists Rates have hit multi-year highs this summer but seasonal uplift has not dispersed all the clouds
Genco Shipping secures new five-year credit facility US-listed bulker owner says new funding will lower its weighted average cost of debt.
Compliant fuel, not scrubbers, chief choice for IMO 2020 Only 2% of global fleet to adopt scrubbers to meet sulphur cap requirements, UBS report reveals.
RCL lessens Q2 loss Thai-based container shipping line RCL recorded a net loss of 43 million Thai Bahts (U.S. $1.3 million) for the second quarter of 2018, fueled by the unfavorable freight environment and higher bunker costs.
Little Rock has first female chair Melissa Hendricks was installed as chair of the board of the Little Rock Port Authority at its August board meeting. Also sworn in were Greg Joslin as vice chair and Joe Bailey as treasurer.
Executive Moves: Delta, Chain.io Delta Air Lines has appointed Rafael Figueroa as managing director of cargo operations and customer experience. Chain.io has hired Kurt Corman as vice president of sales and Mike Young as vice president of client success.
ITC opens produce packaging probe The International Trade Commission announced Thursday that it will start an investigation into whether imports of certain microperforated packaging containing fresh produce violate U.S. intellectual property rights law.
CBP issues alcohol tax refund rule U.S. Customs and Border Protection on Thursday published an interim final rule (IFR) that will enable the agency to refund alcohol excise taxes importers paid prior to CBP assigning them a reduced tax rate or tax credit for alcoholic beverages, pursuant to the Craft Beverage Modernization Act (CBMA) portion of tax reform legislation signed into law on Dec. 22.
Carver Maritime signs Port Manatee deal Port Manatee said it has entered into a long-term marine terminal operating agreement with Carver Maritime.
Spot container rates float back up Drewry's World Container Index currently stands at $1,759.86 per FEU, up 4 percent from last week and up 12.6 percent year-over-year.
Truckload rate growth hits double digits Growth in domestic U.S. truckload rates accelerated yet again in July, with pricing jumping another 10.2 percent compared with the same month a year ago, according to the latest Cass Truckload Linehaul Index.
Intermodal pricing climbs 12 percent Intermodal pricing climbed another 12 percent in July compared with the same 2017 period, the largest year-over-year increase since July 2011, according to the latest Cass Intermodal Price Index, which measures all-in per-mile costs.
Iraq crude exports at 3.6 million b/d as of mid-August Halfway through August, Iraq appears on track to slightly increase its crude exports from July
Crude futures settle higher on US-China trade talks Crude futures settled higher Thursday, rising with equities on news that China's commerce ministry said it would resume trade talks with the US later this month
US keeps up pressure on Iran oil buyers ahead of November sanctions return US diplomats are expected to increase pressure on top Iranian oil importers as the clock ticks toward the November return of sanctions
ARA fuel oil stocks steady on week: PJK Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub climbed marginally by 6,000 mt in the seven days to Wednesday to 1.058 million mt
Rotterdam fuel oil sinks to 3-month low as crude futures slide The flat price for Rotterdam fuel oil has crashed to a three-month low, in tandem with the decline in ICE Brent crude futures
Genoa bunker fuels surge against neighboring ports on supply concerns Bunker fuel prices at the key Italian port of Genoa have outperformed the nearby bunkering hubs of Gibraltar and Malta due to supply concerns
Mercuria becomes sole lender to bunker supplier Aegean Energy and commodity group Mercuria is becoming the sole lender to global bunker supplier Aegean Marine Petroleum under its US and global revolving credit facilities
TRADER NOTE: Ex-Monjasa Dubai manager to develop Trafigura bunker business
Risks continue to cloud Libya's shaky oil recovery Output rose above 1 million b/d this week, marking a major reversal in fortunes from early June.
FEATURE: Newbuild VLCCs moving ULSD from Far East-Europe pressure USGC market The premium of EN590, the French Winter specification of diesel, over Platts Colonial Pipeline assessment hit a record low Wednesday.
TRADER NOTE: Oil brokers John Best, John Paul Otieno join INTL FCStone They will focus on physical markets for crude and refined products.
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