Marshall Islands joins call for greenhouse gas emission cuts by 2023 The Marshall Islands, the Solomon Islands and Belgium call for international measures to achieve greenhouse gas emissions reductions before 2023
Europe's shipping agencies say Brexit must minimise port disruption 'We need to be able to provide certainty and stability to our businesses as soon as possible,' the European Network of...
Drewry launches sulphur cap cost calculator for shippers The consultant predicts that under the worst case fuel price scenario, carriers and shippers' costs in 2020 will grow by...
Front-loading boon for transpacific box trade US trade boom under threat from tariffs but Asia-Europe trade lane remains subdued because of lower imports
Average loan-to-value on Italian bulkers said to be near 200% Leverage comparable with KG-backed feeder boxships and far above tottering economy's debt-to-GDP ratio, Vettosi confirms
CMA CGM raises stake in CEVA after logistics group rejected DSV bid French carrier lifts stake in third-party logistics operator to just below limit where it would have to launch takeover bid
Dynagas raises $55m in share offering Proceeds from Series B redeemable units will be for general partnership purposes that may include repaying of debt or funding...
Tankers at mercy of replacement barrels from lower Iranian oil exports More positives than negatives for tanker demand, according to analysts
BHP iron ore production up 8% on strong Chinese demand BHP maintained its fiscal 2019 guidance of 273m to 283m tonnes of iron ore with a keen eye on improving...
Maersk sells container terminal in Turkey Turkish facility gained from the acquisition of Grup Maritim TCB in 2015 is sold off to Azerbaijan's state oil company
Between the Lines: Liner connectivity increases The trend for fewer services that emerged with the launch of the latest alliances appears to have gone into reverse
Ships may require more than two fuel tanks after 2020 Panellists at the Shipping Insight conference, in Stamford, Connecticut foresee much greater planning ahead for fuel on ships
Daily Briefing IMO urged to address 'real and major' safety threat from sulphur cap | When ONE is less than zero |...
Automation unlikely to hit officer jobs, ICS says Officers will be in short supply and the global scale of automation is too small to undermine employment
Qatar signs five-year LPG supply contract with China Qatar Petroleum chief executive Saad Sherida Al-Kaabi says the reflects the company's strategy for promoting direct engagement with end-users, especially...
Tidewater-Gulfmark merger headed for vote Both companies to put fate of proposed 270-vessel merger in shareholder hands in mid-November.
US Gulf MR earnings jump on Latin American fuel demand The TC14 benchmark hits a year-to-date high as vessel supply falls on healthy fuel imports of Latin American countries.
Corporate governance champion takes slap at Scorpio Michael Webber doesn't technically cover Scorpio Tankers and Scorpio Bulkers, but still finds a way to get his point across.
Kirby's D&S segment may be in spotlight Jones Act tanker owner executives may focus on distribution and services' diminishing backlog during next week's third-quarter earnings call, according to Wells Fargo Securities.
Oil reaches French beaches after boxship bash VIDEO: Pollution hits coast following clash that holed CSL Virginia.
Diana Shipping gets higher rate on kamsarmax fix Simeon Palois-led bulker owner expects to earn $6m off charter extension for 81,513-dwt Astarte (built 2013).
Tanker S&P activity spikes as owners seek bargain buys Intermodal says deals are flowing and twice as many ships could have been sold.
Italy could cut tax for green ships Transport minister suggests easing tariffs for owners implementing sustainability measures.
Navig8 Group talks reasons for opening wallet again on tankers Company stakes own capital on continued faith in clean trade, with conviction that IMO 2020 reforms will help its bet
Bumi Armada denies SFI VLCC buy Malaysian owner says it was not behind purchase of Fredriksen company-owned tanker.
Novatek to build LNG terminal in Germany Russian producer teams with Fluxys for new mid-scale transhipment and bunker facility.
Japanese shipyards lead the way as bulker orders climb Japanese shipyards led the way as dry cargo newbuilding orders picked up across the first three quarters of 2018, new data shows. 'Guaibamax' plan adds up for Vale but what of the dry bulk market? Japan has secured 79 of the 154 new bulkers contacted between 1 January and the end of September this year, the majority of which were kamsarmaxes and ultramaxes, according to figures from Banchero Cos
Olympic Subsea finds buyer for laid-up PSV Olympic Princess delivered to new owner after two idle years in Norway.
Cleaves Securities adds International Seaways to tanker basket Analyst Joakim Hannisdahl projects a tenfold climb in core operating profit from 2018 to 2020.
Swire bulker hit by second bout of 'smouldering' Owner says incident followed initial alarm this week over smoking coal cargo in New Zealand.
ABG raises VLCC rate forecasts with triggers 'ever-present' Analysts also bullish on asset prices as they project earnings well ahead of consensus for 2019 and 2020.
PIL drops Iranian calls due to US sanctions Singapore line says it has ceased to accept cargoes in and out of country.
Libya's Zawiya hit by kidnapping and gun attack NOC says security situation at refinery and tanker terminal unsustainable.
Poland building canal to cut out Kaliningrad $246m project will allow ships to pass through Vistula Spit, avoiding Russian Baltic enclave.
2020 Sulphur cap to create new trades for products tankers Middle East tanker players believe that the need to move low sulphur fuel to where it is needed will provide a silver lining for the products tanker sector.
Latsis completes first dry bulk asset play Dry bulk owners Ivy Shipping and Neptune Lines have different agendas in the sector
V.Group reveals German ambitions after Norddeutsche Reederei deal Shipmanager says latest transaction a major step in its growth in Germany but rules out shipowning move for Advent.
Vitol aframax tanker heads for demolition Trader Vitol has sold the last 1990s built tanker in its fleet, demolition sources say. Trading giants expect tough US sanctions on Iranian crude It has sent the 107,000-dwt Spero (built 1998) for green recycling in India, it is claimed. A price in the region of $417 per ldt is being placed on the aframax, which translates to a figure of just below $7m. Over 100 tons of sludge was left on boar
Middle East tanker owners call for more tanker scrapping Leading players say market growth will not absorb excess capacity unless more tankers are sent to the breakers.
IMO seeks immediate action on carbon cuts Shipowners face tougher efficiency standards for newbuildings, plus operational measures, as regulator acts early on first steps to meet emission targets
CSL bulker crewman dies in fall Canadian plunged from dock while tying off cargoship in St Lawrence.
Iran reveals 204 pirate clashes over last decade Navy says it has escorted 2,200 vessels in international waters since 2008.
IMO 2020 to cause distillates demand to soar Bank of America report says new rules to add up to 4m bpd in MGO and LSFO needs.
BHP posts increased iron ore production in first quarter Australian mining giant boosted by improved reliability across rail network and port operations.
Qatar signs five year LPG supply deal with China Oriental Energy sees deal as first step towards further collaboration between two companies.
Dynagas LNG prices $55m in new preferred shares George Procopiou-back LNG MLP says proceeds will go towards repaying bonds due for redemption in 2019.
Vale hits production high with 105m tonnes in third quarter Miner ramps up production as drybulk rates continue to push higher, backed by strong iron and coal demand out of Brazil and Australia.
Supply concerns in Gibraltar bunker market amid Macoil credit score downgrade: sources Sources said company barges were not operating as of Wednesday.
Canada may allay China's thirst for heavy crude oil Chinese companies fixes three crude cargoes for loading in November.
US asks Turkey to 'buy less' Iranian oil despite sanctions pledge to go to zero
IMO 2020 could dent uptake of European 2019 fuel oil contracts Utility contracts could decline as suppliers want to hold on to LSFO for 2020.
Novatek, Fluxys to build LNG transshipment terminal in Germany Terminal will supply LNG as bunker fuel for Baltic Sea vessels.
Japan's K Line revises net loss for H1 2018-19 on bunker costs, productivity In July, it also said that it had adjusted its full FY average bunker cost estimate to $451/mt, $78/mt higher than the previous forecast.
Drewry launches Cost Impact Calculator to help shippers prepare for IMO 2020 Drewry's calculator is based on market data, benchmarked bunker adjustment factor charges and fuel cost differential between loops and carriers.
Stena Bulk inks deal with China's Bluesoul for scrubbers ahead of IMO's 2020 rule 15 Stena Bulk vessels will be equipped with scrubbers, with an installation option for an additional six.
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