Middle Eastern ports facing overcapacity headache by 2022 A surge of investment in the construction of container terminals at Middle Eastern ports has overwhelmed growth in throughput
More questions than answers as EU and China unite on climate change The two sides' commitment to co-operate on tackling climate change raises many questions ahead of renewed negotiations
'Catastrophic' engine failure blamed for UK ferry fire Report makes recommendations to the engine manufacturer to avoid such incidents in future
Improvements in shipping safety are to be welcomed Now the challenge is to get that level lower still
US-China trade indicators stay high as shipping shrugs off tariffs As container shipping heads into the transpacific peak season, there are few signs that tariffs imposed by China and the...
Between the Lines: Reasons to be fearful Demand growth on the major trade lanes has failed to keep up with the influx of capacity, and trade wars...
Strange times make strange bedfellows for Zim and 2M The ongoing dance of box shipping alliances takes another turn
Anglo American lowers iron ore and coal guidance Miner says work at Minas-Rio is expected to be completed in the fourth quarter following pipeline leaks earlier in the...
Shipping failing to deal with threat of cyber crime Law firm claims regulation needed to avoid digital breaches
TOP Ships unveils $10.1m loan for MR2 newbuild New European bank credit facility secures delivery of Cargill-linked tanker as Greek owner pursues further orderbook funding
South Korean court orders compensation for Sewol victims A South Korean court awards $177,000 in compensation for each fatality of the 2014 disaster in which 304 people, mostly school...
Daily Briefing Maersk Tankers happy with CargoMetrics tie-up | Large shipping losses decline by a third in a decade | Australia nears...
Wärtsilä sees 2020 sulphur cap boost The impact of increased geopolitical uncertainty on customer decision-making remains a concern, the group said
Viewpoint: Recycling war of words What the EU seems to ignore is the work that is being done in the principal recycling yards to comply...
New man at the ISS helm needs to steady the ship Istithmar's inability to dispose of its ship agency investment, ISS, leaves it looking for a new strategy. The acting chief...
Zim enters strategic co-operation with Maersk and MSC The 2M alliance has entered a long-term co-operation deal with Zim Integrated Shipping on the Asia-US East Coast trade that...
CMA CGM to install 17 ballast water management systems The French-made systems are approved by both USCG and IMO
CargoSmart joins the list of blockchain middlemen CargoSmart aims to shorten documentation processing time by 65%
Valles axes tanker deal at STX as KDB pulls order support Newbuilding pair had been part of fleet-renewal programme
Tidemand family split on best direction for Belships 'Significant shift' in strategy leaves family factions divided over proposed union with Lighthouse - and new bid from sisters is not out of the question
Hurley and Ognibene are reunited in Concord push Former Heidmar colleagues get to work on building a fleet as new shop fills management posts and takes in first tankers
VLGC snags resolved as Jiangnan gears up to hand over delayed duo Tianjin Southwest said to be likely to accept one-year charter rates in the low $20,000 per day range as it grows its VLGC exposure with two newbuildings completed months ago
FFA brokers lured by 'Ronaldo' pay packets ICAP's dry and wet futures desks among the victims as deep pocket entrants chase talent
Dry cargo volatility sees sharp rise in FFA options Gap between residual and low-sulphur fuel could trigger more volatility in dry and wet paper markets, says FIS
Positioning yourself as the Uber of your market, or just the driver? Everyone agrees there must be a way for shipping to develop digitally-driven business models, but few can yet identify exactly what they will be
Summer lull depresses big boxship charters
Ocean Alliance to suspend PSW4 transpacific service Last of big three liner alliances joins its major rivals in scaling back capacity between Asia and the US West Coast amid US-China trade war uncertainty
Total acquires new shipowning company under Engie LNG sales Eighteen LNG carriers and one bunker vessel transfer to the major under sale
LNG production falls short of first-half expectations
Small-scale Chinese LNG newbuilds on offer
First half LNG order haul tops 25 ships Contracting pace slipped back in second quarter, but berth space for 2020 has now disappeared
Dutch employees bring redundancy fight to Troim's Oslo office Paragon staff gather to air their grievances but Borr executives fail to meet them
Salvor Ardent eyes spoils of emerging offshore market Venture joins peers in vying for a slice of decommissioning and demolition work as wreck removal earnings decline
Changes needed to keep LOFs the salvage contract of choice The time has come for a radical rethink of the Lloyd's Open Form for salvors, writes Martin Hall, the head of marine casualty at law firm Clyde & Co
Paolo Clerici puts large art collection on show in Genoa
Nissen orders MR duo on back of long-term Chevron charters Newbuildings ordered at domestic shipyard Onomichi for delivery in 2020
Avin International ups S&P efforts to build younger tanker fleet
Varco exits sector with sale of its last tanker
Tanker scrapping hits record levels as VLCCs lead the way More wet tonnage has been demolished in the first half of this year than at any time on record, but even more VLCCs need to go if previous full-year peaks are to be passed and rates revived
Mitsubishi Corp puts sole LR2 tanker up for sale
Buyers fail to meet auction reserves for Vermont UM bunker tankers
MSM books bulkers but less lucky with tankers Low-profile Greek player successfully orders newbuildings in China but hits snag at South Korea's cash-strapped STX
JJ Ugland pleased with timing of renewal deals
Coral buyer of second German aframax Deal lifts lid on buyer's identity and confirms ongoing trade of ships from German to Greek owners
Otto Tidemand-led Stove sells oldest supramax
Jinhui in pole position to sell veteran bulkers Jinhui Shipping and Transportation is positioning its oldest ships for quick sales to Chinese domestic owners ahead of Beijing's deadline on imported non-Tier II ships
Dutch MPP grounds in Scottish waters No injuries or pollution reported after incident involving Dutch-flagged Priscilla off northern Scotland
Eagle Bulk Shipping flies back into S&P market Nasdaq-quoted owner set for latest step in ongoing renewal and growth project.
Greek bank sets date for tanker auction National Bank of Greece wants to offload abandoned ship formerly chartered by NewLead.
ADNOC awards world's biggest ever seismic survey to CNPC Chinese owner's ships and trucks to provide data from 53,000 sq km of UAE territory in $1.6bn deal.
Neda strikes lucrative deal for VLCC
Tiger Group shows growing appetite for First Ship Lease
VLCC newbuilding prices reach highest since 2015 Charles R Weber says there are few commercial incentives to order today.
Rebuilt ferry engine burned after five hours use "Catastrophic" failure that injured Wightlink crewman blamed on debris in oil channels.
Aeolos buys Nissen VLCC amid fleet renewal bid
Wartsila ramping up scrubber capacity Finnish group seeing higher demand for newbuilds and retro-fitting.
MPCC adds German feeder vessel Acquisitive owner spends nearly $14m on modern Chinese-built ship.
Subsea 7 wins contract worth up to $150m
Zim teams with Maersk, MSC from Asia New strategic cooperation covers five loops to US east coast.
Overseas owners eye Vinalines stakes Hyundai Motor, SK and Siam Cement have held talks over Vietnamese owner's IPO.
Nordea cuts loan losses to $69m in second quarter Provisions mainly stemmed from potential hits from US sanctions on Russia.
Doun KK bulker still aground in the Gulf of Riga Panamax bulker remains stuck for the fourth day.
Regional box lines at risk of inking Tier II 'dead fish' Asian liner players said to be playing a potentially dangerous game by ordering newbuildings foregoing the expense of meeting Tier III emissions requirements that will have to operate outside control areas
Port of Hueneme takes delivery of eco-friendly pilings Two railcars full of eco-friendly pilings arrived at the Port of Hueneme in California on Wednesday to be used in the harbor-deepening project set to begin late this summer.
MOL aims to launch maritime careers with tour Mitsui O.S.K. Lines Ltd. (MOL) hosted schoolchildren Monday for a tour of its cutting-edge car carrier Beluga Ace at Harumi Pier in Tokyo.
U.S.-flag cargo movement on Great Lakes steady U.S.-flag Great Lakes freighters moved 9.7 million tons of cargo in June, a near mirror image of a year ago. The June float, however, was 3.5 percent below the month's five-year average, the Lake Carriers' Association reported.
Little Rock has third-busiest month ever The Port of Little Rock and its stevedore, Logistic Services Inc., in June worked the third-largest number of barges in a single month.
Marten's net income moves up nearly 50 percent Marten Transport Ltd. recorded a net income of $13.7 million, or 25 cents per diluted share, for the second quarter of 2018, a sharp increase from $9.1 million, or 17 cents per diluted share, for last year's second quarter, according to the company's latest financial statements.
ZIM-2M tying Asia-U.S. East Coast loops ZIM Integrated Shipping Services and the members of the 2M Alliance, Maersk Line and Mediterranean Shipping Company (MSC), announced Thursday that they will cooperate on the Asia-U.S. East Coast trade.
Union Pacific picks up speed in Q2 Union Pacific's net income in the second quarter of 2018 increased 29.2 percent year-over-year to $1.51 billion as the company benefited from higher revenues and volumes amid a lower effective tax rate.
MPCC continues rapid fleet expansion MPC Container Ships is continuing to expand its vessel fleet with the acquisition of another feeder-size containership.
Commentary: Tariffs force proactive risk management In light of recently implemented global tariffs on U.S. steel and aluminum imports, as well as new duties on a wide range of Chinese goods, trade compliance professionals should pay close attention to key risk areas, including
Saudi August crude exports will drop about 100,000 b/d from July: official Saudi Arabia will not flood the oil market and only supplies crude according to need
Congress renews Russia energy sanctions push after Trump-Putin summit Amid growing speculation that President Donald Trump could weaken US sanctions on Russian oil sector
Saudis warn of export dip despite Trump concern Saudi Arabia's oil exports will be little changed this month and fall in August, the country's OPEC governor said Thursday, despite the world's biggest exporter turning on its taps to ease concerns of a global supply crunch later this year.
Japan refiners keen to maintain Iran oil imports, urge Tokyo to seek waiver Japanese refiners have urged the government to seek a US waiver on Iran sanctions with hopes of continuing oil imports at current volumes instead of reducing inflows, Petroleum Association of Japan President Takashi Tsukioka said.
NYMEX crude settles higher, buoyed by strong US jobs data Solid US jobs data released Thursday helped NYMEX crude pull away from the rest of the oil complex, with the Friday-expiring prompt August contract settling 70 cents higher at $69.46/b.
External: Marine Bunkering(Rotterdam)B.V.
IMO's implementation guidelines for 2020 sulfur limit needs more work: IBIA The exact nature of guidance to be provided to port state control needs to be addressed, among other aspects, IBIA said.
TAIWAN DATA: First VLCC cargo of Iranian crude this year arrives in May It imported five VLCCs, or 31,310 b/d, of Iranian crude oil last year.
SUBSCRIBER NOTE: Platts to replace Karachi with Port Qasim as Supramax discharge port Pakistan's Supreme Court banned the unloading of thermal coal at Karachi port from August.
Cepsa, GP Global ink deal to produce marine lubricants in India The lubricants will be manufactured at GP's plant at Vasai, Mumbai.
Vitol, Peabody Energy invest in coal-to-oil start-up The companies have each invested $10 million into Arq, Vitol said.
Iran sues US for compensation ahead of re-imposition of oil sanctions The court, located in The Hague, Netherlands, confirmed Tuesday it had admitted the complaint Iran filed against the US.
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