Capesize rates rebound 44% on week as disruptions are resolved Temporary disruptions that hampered exports in March should all be resolved in the coming month, leading to higher exports at...
Dynagas LNG slashes dividend, stock promptly drops Gas carriers owner cuts dividend to focus on growth projects
Ports have role to play in decarbonising shipping The Organisation for Economic Co-operation and Development's International Transport Forum suggests that vessel port fees should be directly linked to...
Flex LNG charters 2018-built tanker to Enel for one year The Oslo-listed owner is understood to have fixed at a high price of $80,000 per day, says Fearnley Securities
Mehrotra unveils six-VLCC masterplan Industry veteran bets on narrow spread between secondhand price of old tonnage and scrapped value in a short-term asset play
Graham Porter drives new ship finance vehicle to meet needs of smaller owners Former Seaspan directors Graham Porter and Gerry Wang are working together again on a number of new business ventures
Sinokor acquires 30 feederships in wake of Vroon shake-up Erstwhile Bremer Landesbank recovery vessels heading East, after Dutch operator goes into restructuring, while European bargain hunters miss out
China's coal ban may add to pressure on panamax rates Panamax rates might be under strain over the next a few weeks, but could rebound with port congestion and foreign...
Scrappage slowdown threatens fragile boxship charter market If scrapping fails to pick up in the remainder of 2018, a supply glut could be on the cards
Cracking the glass ceiling and falling through the cracks There should be stricter policies to tackle harassment issues on board, says Captain Radhika Menon
From propellers to propulsion: a shipbuilding engineer is born Engineer is now turning her attention to optimising port-to-port connectivity
Crew member missing after fire in offshore vessel off east Malaysia Search and rescue efforts are being conducted while the vessel is being monitored
China's demand for steel forecast to fall by 2% next year Despite the forecast China contraction, global steel demand is expected to reach 1.62bn tonnes in 2018
Norwegian Cruise Line set to rebuy shares Miami-based cruise major's board okays $1bn share repurchase programme.
Dynagas LNG payout cut to save capital Cost of equity was seen as too high at older dividend payout, but analyst says company's path is 'murky.'
Awilco set to add to containership tally Market newcomer is in the process of securing $11.5m acquisition.
Capesize rates given a boost from Brazil Market jumps almost 20% as Brazilian miners look to bolster exports.
Brokers fix attention on Scorpio Tankers medium range pair Vessels being sold by Clarksons and Fearnley being linked to Singaporean owner.
MSC to comply with latest US sanctions list Geneva-based containership owner will be part of the growing list of shipping firms disavowing oligarch businesses.
Sinokor linked to fleet of 30 Vroon feeder boxships Deal touted as part of Nord/LB's ongoing efforts to reduce its shipping portfolio
Boxship scrapping could sink to lowest since 2011 Alphaliner cuts estimates for 2018 after slow start to the year for containership demolition.
Diana Shipping confirms Cargill deals US-listed boxship owner enters into new time-charter contract with Cargill International while extending charter on capesize with Swiss commodities giant.
Is Hunter set to make a killing on VLCC project? Tanker venture makes sense on value but emissions laws add extra dimension, Clarksons Platou Securities says.
Genting prepares to exit NCL Hong Kong cruiseship group seeks to sell remaining stock worth $168m.
SD tipped as prime takeover target Clarksons Platou thinks well-placed PSV owner could do a deal - at a premium.
Sohmen-Pao opts for careful approach to digital age BW Group chairman Andreas Sohmen-Pao says a well-thought out approach, first focusing on performance management, is his company's way forward in the digital age.
Grindrod sells bunker tanker division Empowerment group WOESA buys South African owner's three-ship fleet.
StealthGas chief talks dividend, buybacks and scrubbers Harry Vafias surveys the scene after Nasdaq-listed owner closes major newbuilding project.
Car carrier crunches tug in South Africa Probe launched after Hoegh Autoliners-chartered ship hits berthed vessel in Durban.
Japanese traders ask Rusal to halt shipments US sanctions against Russian producer prompts action from buyers.
Concordia tankers to gather microplastics data Swedish marine institute to fit device on ships to assess impact on wildlife.
JP Morgan lowers capesize recovery expectations Bank cuts forecasts for 2018 and 2019 with higher figure penciled in for 2020.
Samsung pushes back drillship delivery Korean yard agrees to 15-month delay, but adds $25m to price.
Chinese owner lines up supramax quartet Four ships expected to be sold almost a year after being taken over from Marenave.
ONE considers order for six ULCs Japanese boxship giant considering deal for 20,000-teu vessels.
Court confirms Seadrill's $9bn restructuring Fredriksen drillship company expected to emerge from Chapter 11 within three months.
Flex LNG fixes newbuilding to Enel John Fredriksen company secures up to two years of work for second LNG carrier.
NextDecade expands global footprint into Asia Texas firm also names Shell LNG veteran James MacTaggart as head of regional marketing.
Platts to launch Oz-Japan panamax implied freight rate Agency proposes using Hay Point, Australia, to Qingdao, China TCE assessment as basis for new route.
China LNG boom to continue for owners Gap between shall gas output and energy demands will have to be filled by imports, says analyst.
Rio Tinto post higher ore and bauxite shipments Productivity improvements and fewer weather disruptions help Aussie mining giant shift more cargo
House committee clears export control bill The House Foreign Affairs Committee on Tuesday cleared legislation that would statutorily authorize the Commerce and State departments to c...
Countdown on for warehouse drone launch The supply chain company Geodis and Delta Drone said their small drones will be operational in warehouses by the end of the year. Geodis a...
Spaceport of Los Angeles? SpaceX plans to build the Big Falcon Rocket that it eventually wants to use to send spacecraft to Mars at a former shipyard in the Port of ...
CSX reports nearly double net earnings CSX posted record first quarter 2018 net earnings of $695 million, up from $362 million for the first quarter of 2017, the company reported...
Ag secretary slams 'ludicrous' sorghum duty The U.S. government, along with the nation's sorghum producers, are questioning the basis for China's decision to impose a 178.6 percent an...
Executive Moves: Premium Transportation Logistics and Wolfe Research Toledo, Ohio-based Magnate Worldwide has appointed Jeff Curry president of Premium Transportation Logistics , the company's ground expedit...
EU builds case against metals tariffs The EU on Monday requested safeguard consultations at the World Trade Organization with the United States over its Section 232 global tarif...
J.B. Hunt misses on Q1 earnings J.B. Hunt Transport Services Inc. grew its net earnings 15 percent year-over-year in the first quarter of 2018 to $118.1 million, according...
XPO expands North American headcount XPO Logistics added about 5,000 jobs to its North American supply chain network during the first quarter of the year, a company spokesperso...
EIA weekly data shows across-the-board stock draws US crude stocks saw a surprise draw last week, while gasoline and distillate inventories both fell by more than was anticipated, data from the Energy Information Administration showed Wednesday.
White House aims for Pompeo confirmation as secretary of state next week The White House is pushing the Senate to confirm CIA Director Mike Pompeo as secretary of state next week and is prepared to support the nomination even if the Senate Foreign Relations Committee does not vote to recommend him, according to two key advisers.
Oil surges after EIA data shows unexpected crude draw The oil complex rallied Wednesday lifting crude futures to three-year highs after weekly US inventory data showed a surprise decline in crude stocks and larger-than-expected draws in gasoline and distillates. NYMEX May crude settled $1.95 higher at $68.47/b.
External: Praxis Energy Agents S.A
Shell plans to make 0.5% sulfur bunkers announcement in 'around October' Global oil producer Shell plans to announce this autumn around October its new 0.5% sulfur bunker fuels for shipowners to use after sulfur limits are tightened in 2020, a company representative told S&P Global Platts Wednesday.
Carriage ban on non-compliant HSFO bunker fuel remains on track: IBIA There is also more clarity on the amended text for Regulation 14.
BP reveals specifications for two possible 0.5% sulfur bunker blends Little information has so far emerged about refiners' plans for 0.5% sulfur marine fuels in 2020, despite growing concerns about their compatibility and stability.
External: Marine Bunkering(Rotterdam)B.V.
Lukoil plans to produce up to 480,000 mt/year of 0.5% sulfur bunker fuel The company's figures for its production plans are "very rough" and subject to change as Lukoil learns more about its Russian competitors' plans.
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