IUMI: Safety and regulation dominate ocean hull debate But ultra-large container carriers pose fire challenges for crew, while culture is the key to better safety
IUMI: Hull rates now 'unsustainable' Rates are thought to have hardened in recent months in London following pressure on syndicates by the Corporation of Lloyd's...
Cheniere signs 15-year LNG supply deal with Vitol New deal follows agreements with GasLog and Trafigura as liquefied natural gas production undergoes exponential growth in the US
Ports of Wilmington and Morehead City remain closed in wake of Florence Both ports are closed through Wednesday
Storms bring significant supply chain disruption US and Asian port disruption following severe weather events in the Atlantic and Pacific will lead to delays in cargo...
US box imports continue to set records With more tariffs likely any day, shippers have been bringing cargoes in to the US at a record pace
Exmar's new gas carriers to run on LPG The vessels, designed by Finland's Wärtsilä, will be game-changing, says Exmar's managing director of shipping
IUMI: Lloyd's will 'invite' closure of unprofitable marine lines Hard-pressed shipowners may end up having to fork out double the current 0.1% of hull value to get vessels covered...
Tanker demand will rise if Iranian export gap can be filled A large part of the VLCC fleet operated by NITC will be taken out of the market once the US...
Thomas Miller to acquire Zeller's insurance services The London-based insurer takes over two Zeller's service areas, which include Hanseatic Underwriters
UK radar satellite offers 'maritime mode' to monitor illegal shipping activity The first UK-manufactured SAR aircraft will be able to identify when AIS signals have been turned off
Global shipping loan portfolios drop to $345bn Petrofin Bank Research said another $10bn has been knocked off the portfolios of the top 40 banks over the past...
Carriers deserve credit for surge in transpacific rates, says SeaIntel Carriers restricted increases to slot capacity to just 3.6% in August compared to the 9% added during the previous two...
Maersk to introduce new bunker adjustment mechanism Maersk's new bunker adjustment factor will combine fuel costs with average trade lane consumption to calculate customer fuel price surcharge
US grain expands Southeast Asia market since Chinese tariffs The mix of world buyers purchasing US grains represents a shifting dynamic in the market, says the US Grains Council
IUMI: Berg exits with positive outlook for marine insurance But Munich Re broker highlights potential political risks, including rise of right-wing parties with negative attitude to global trade
Infrastructure issues prevent US oil producers from smoothing supply risks Despite trucking and pipeline woes in the US, oil production is expected to increase by 1.7m bpd in 2018 and...
Turkey commits to Istanbul canal project Turkish government reaffirms intention to take on the 45 km-long project that will link the Black Sea with the Sea...
Daily Briefing Why shipping is finding it tough to break IPO drought | Lloyd's List Podcast: From Brexit to IUMI | State...
Lurssen blaze burns crisis hit hull market $700m claim heading marine insurance market's way
Shipping bank loans decline by $10bn in 2017 Leasing firms linked to international Far Eastern banks take increasing share in global ship finance.
Carnival urged to stop burning heavy fuel oil Protesters gather at Holland America's Seattle pier, create sculpture of polar bear on tiny iceberg.
Maritime chamber offers free IMO 2020 guidance International Chamber of Shipping publishes 32-page reference guide on complying with pending International Maritime Organization's low-sulphur mandate.
Fredly snaps up extra shares in Hunter Architect of Norwegian company's tanker entry grows his holding.
Torm tipped to part with veteran tankers Brokers report double sale which would see Danish owner dispose of two older ships.
Rock 'n' roll Skuld CEO gets guests on their feet Chief executive Stale Hansen took to the stage again to entertain more than 150 guests after Skuld's annual general meeting in Oslo. Norwegian vessel sent for scrap accused of causing Turkey spill Hansen, a keen drummer, could not pass up the opportunity to get his band together and belt out some familiar numbers for this year's gathering, ranging from grunge to modern pop. The performance had
Rickmers Holding to end court self-administration Former Bertram Rickmers company exiting latest phase of court insolvency process after business sold.
Landbridge places third VLCC with Navig8 UK-headquartered group has continued the summer growth of its pools.
POSH appoints Edward Chiu as CFO YCH Group finance chief joins Singapore OSV owner.
Ausca inks new Diana deal as BDI dips again New York-listed bulker owner inks in another time charter at an improved rate.
LNG rates hit five-year high with stocks turning upwards Analysts suggest further improvements are on the cards given current supply and demand dynamics.
Samskip runs vessel on recycled cooking oil GoodShipping Program claims first fossil-fuel-free trip for boxship.
Donald: 'Very small' cruise industry has room to grow Cruise companies are responding by creating demand and great experiences, says Carnival chief executive Arnold Donald
Port workers die in hold of woodchip carrier Vietnamese duo reportedly suffocated inside Uni Fortune.
Ocean Yield FPSO charter set to end Reliance Industries calls time on contract for FPSO Dhirubhai-1.
Unifeeder brings in Astromare feeder Larger vessel boosts line's UK-Baltic Sea trade following DP World takeover.
Thomas Miller buys Hanseatic P&I manager Zeller UK P&I Club manager agrees third acquisition in nine months.
Maersk asking shippers to meet low-sulphur fuel costs Bunker surcharge aims to recover some of $2bn in extra expenses involved in complying with new IMO rules.
Esvagt behind Havyard's offshore vessel order Danish owner has signed up for another two windfarm service ships.
GTT brings its LNG containment systems into line French designer receives initial approval for new lower boil-off version of NO96 favoured by DSME and Hudong-Zhonghua shipyards
Wartsila claims LPG fuel first for Exmar newbuilds Finnish group providing cargo and gas fuel system for two new ships.
Credit Suisse criticised over Petrobras, PDVSA accounts Swiss watchdog FINMA finds deficiencies in anti-money laundering processes.
European fund snaps up Admiral Shipping UAE owner offloads containership operations to unnamed investor.
Owner overturns liability ruling in victory over Arab Bank Sea Master Shipping can pursue lender for demurrage arising from bill of lading dispute.
Seaspan Corp prepays two credit facilities De-leveraging move increases pool of unencumbered containership assets to 18 vessels.
US ports start to reopen in wake of Florence Coast guard works to restore normality with facilities looking to have escaped worst of hurricane.
Panama expects fewer ships if trade war escalates But South American waterway hopes Brazilian grain exports and US LNG can help fill the gap.
Charleston, Savannah ports open to all traffic as Florence dissipates: USCG The US Coast Guard removed movement restrictions for the ports of Charleston, South Carolina, and Savannah, Georgia, as the effects of
Crude futures retreat on reports of US supply growth Crude futures gave back early-session gains to settle lower Monday on reports of
Iraq ready to increase oil output 'immediately', says SOMO chief Iraq can increase oil production "immediately" to support the market ahead of the implementation of US sanctions on Iran, Iraq's crude sales chief
Zennor buys North Sea Britannia stake to advance nearby development UK independent Zennor Petroleum said Monday it had agreed to buy a stake in the North Sea Britannia field from US upstream company ConocoPhillips
TANKERS: ENOC takes LR2 on time charter with storage option: sources "This is a bit worrying that ships are being taken for floating storage as companies are struggling to make their trades work," a broker said.
External: Marine Bunkering(Rotterdam)B.V.
Container line Maersk announces new bunker charges for IMO sulfur cap The company will impose its new bunker adjustment factor (BAF) from the start of next year, replacing its current standard bunker adjustment factor (SBF) system.
Arab Gulf fuel oil cash differentials rise to 5-year high on tight supply
Asian middle distillates lose steam as demand fizzles out The cash differential for the FOB Singapore 10 ppm sulfur gasoil grade has been rangebound for a while now; it was more a function of the product having found equilibrium in the market
North Carolina ports closed until Wednesday in wake of Florence "We are assessing the situation at both locations and when safe to return, we will determine the condition of the facilities," the state port authority said.
Bunker operations at Hong Kong suspended due to Typhoon Mangkhut "Loadings at the terminal will be jammed from Tuesday, barges are currently empty," a bunker supplier said.
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