Growth in UK ro-ro traffic highlights need for Brexit deal, says BPA Government seemingly no closer to agreeing terms for departure from European Union
Tanker players brace for Sino-US trade war China's tariffs on US energy products are affecting trade lanes even though freight earnings are remaining stable
SFI buys three boxships as income slips on impairments Three modern containerships will boost charter backlog by $260m
Hyundai Mipo sells HHI stake HMD says earnings from sale will boost liquidity and the yard's financial structure
Zim falls into the red in second quarter Despite higher liftings and revenues, operating costs lead Zim to a net loss
Shearwater acquires WesternGeco in $600m deal The deal is expected to close in the fourth quarter of this year
Cargo rollovers cause chaos on transpacific Securing guaranteed slots on eastbound Asia-US container shipping services is proving increasingly difficult as spot rates spike
Wallenius Wilhelmsen mulls bond issue Danske Bank, DNB Markets, Nordea and SEB setting up investor roadshow beginning next week
Newton named Joint Hull Committee chairman Body representing the interests of those who write marine hull business in the London market names replacement for industry veteran...
Modern capesize tonnage rises to near four-year high Modern tonnage is more attractive because earnings power is greater
Frontline positive on recovery for tanker market John Fredriksen's flagship tanker unit will delay part of charter hires for eight old VLCCs leased from Ship Finance
The Alliance to move transatlantic base to Hamburg Boost for HHLA as carriers confirm use of Container Terminal Altenwerder for US east coast services
Moral exhortation will not bring about a British export Wirtschaftswunder UK exports as a percentage of gross domestic product lag far behind the international average
Between the Lines: Container lines' second-quarter performance lacklustre Listed carriers have little to celebrate as freight rates deteriorate
Daily Briefing Hafnia Tankers in merger talks with BW | Singamas chairman says container buyers cautious on new orders | UK setting...
US sanctions Russian shipping for North Korea trade Primorye Maritime Logistics and Gudzon Shipping were conducting business with North Korea despite UN sanctions
Nordic Shipholding widens half-year loss Danish product tanker owner faces risk of breaching loan covenants.
Hedge fund backs away from Overseas Shipholding Major shareholder Paulson & Co sells almost 2.7m shares of the Jones Act tanker owner.
Excelerate confirms Bangladesh FSRU start-up Regas specialist says project financial sanction to commercial gas flow took 13 months.
S&P surge aids buzz around pressurized LPG space Epic Gas and StealthGas chiefs discuss upturn in transactions as market shows new strength.
Navios Acquisition widens loss in weaker market Chief executive Angeliki Frangou still 'pleased' with second-quarter results.
Macleod sees seasonal upswing and continued Iranian exports Frontline chief expects 2017 winter chill to be an anomaly and presents contrarian view on Iran.
Zim plunges to loss despite record volumes Israeli line hit by falling rates and higher fuel costs.
Cocaine found in box on Peter Dohle ship Probe begins into $12m discovery in Costa Rica of drugs bound for Ireland.
Grindrod appoints new CEO Freight services the focus in South Africa after spin-off of vessels.
Diana wins pay rise for capesize Greek owner sees sharp increase in charter rate for Semirio.
New Zealand navy pays $69m for Ostensjo OSV Norwegian owner set for huge profit on multipurpose ship.
Montanaro builds stake in shipbroking giant Clarksons Shipbroker's stock climbing today after major UK investment firm reveals fresh purchase.
Thousands of Croatian yard workers strike Walk-out at Uljanik prompted by late payment of wages.
Esvagt extends ERRV charter Esvagt has stretched a deal for an OSV to provide guard vessel duty and standby preparedness on the Yme field in the Norwegian sector. Repsol Norway has chosen to extend its contract for the 400-dwt Esvagt Corona (built 2004) to the end of August 2019. At that point, the ship will have been in service on the Yme field for five years. "The extension shows that we deliver the quality that the cus
Fredriksen's Ship Finance International strikes again with containership trio Ole B. Hjertaker says this year's investment run comes with the owner presented with a new deal almost every day.
Wallenius Wilhelmsen lines up more bonds Roadshow planned to test water for three-year Norwegian issue.
Wartsila to upgrade De Beers ship Mining vessel to have new generating sets fitted by Finnish group.
Mipo raising $280m through HHI share sale Korean shipyard securing liquidity to improve finances.
South Korea to inspect US-blacklisted ship Russian vessel to be checked after sanctions imposed over alleged N Korean trade.
Atlantic Offshore buys two OSVs ERRV move will create 50 jobs at Aberdeen owner.
Frontline strikes more upbeat note on tanker market recovery Positive read from chief executive Robert Hvide Macleod comes alongside stronger than forecast results.
Expanding Fjord1 fixes $529m loan DNB and Nordea provide cash to fund 19-ship newbuilding programme.
Hunter Group extends VLCC option dates Oslo newcomer has not yet firmed up the last of 10 tankers at DSME.
Shearwater buys Schlumberger's seismic business Irene Waage Basili-led owner to take over WesternGeco for undisclosed sum.
Truck volumes continue 'robust' growth Domestic truck tonnage climbed 1.9 percent in July compared with the previous month after a revised 0.5 percent decline in June, according to the latest reading of the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index.
Global automakers unite to fight tariffs Several major automobile manufacturing and parts associations have formed a coalition with the sole purpose of opposing tariffs on imports of vehicles and parts to the United States.
Descartes picks up PinPoint Descartes Systems Group has acquired PinPoint, an Ontario, Canada-based GPS fleet tracking and mobile workforce management provider.
ZIM reports second-quarter loss ZIM reported a net loss in the second quarter of 2018 of $33.2 million, compared to a net profit of $2.3 million in the second quarter of 2017, as a strong increase in cargo carried was not enough to offset lower freight rates and higher fuel and charter costs.
Commentary: NVOCC rules 15 years in making The Federal Maritime Commission's recent announcement via a Final Rule offering deregulatory flexibilities for Non-Vessel-Operating Common Carrier (NVOCC) Negotiated Rate Arrangements (NRAs) and NVOCC Service Arrangements (NSAs) is a huge success for the agency.
Buying spree pads WiseTech's earnings WiseTech Global recorded strong growth in earnings and revenues for fiscal year 2018 as the company aggressively ramped up its global footprint and technology through numerous acquisitions.
American Shipper intermodal webinar Thursday Join experts from BNSF Railway, Alliance Shippers Inc. and FreightWaves at 2 p.m. ET Thursday as American Shipper brings you "Navigating New Realities: Peak Shipping Season Intermodal Outlook," a webinar you can't afford to miss.
Congressman Hunter, wife indicted Rep. Duncan D. Hunter, R-Calif., the chairman of the Coast Guard and Maritime Transportation Subcommittee of the U.S. House Transportation and Infrastructure Committee, and his wife, Margaret E. Hunter, were indicted Tuesday by a federal grand jury on charges that they converted more than $250,000 in campaign funds to pay for personal expenses and filed false campaign finance records with the Fed
Russian shipowners sanctioned The U.S. Treasury Department's Office of Foreign Assets Control has placed sanctions on two more Russian shipowners and their vessels for violating United Nations and U.S. trade sanctions against North Korea.
Crude futures rise on large-than-expected US crude stock draw Crude oil futures settled higher Wednesday
Argentina's YPF to invest $560 million to boost oil, gas output in Río Negro province Argentina's YPF plans to invest nearly $560 million in a project to ramp up oil and natural gas production
Venezuela's PDVSA preparing to hike domestic fuel prices in September Venezuelan state oil company PDVSA is preparing to increase fuel prices in the domestic market
Kuwait aims to settle oil field disputes with Iraq, Saudi Arabia soon Kuwaiti oil minister Bakheet al-Rashidi said Wednesday he expects to resolve two long-standing oil field disputes
Iranian oil exports down sharply in first-half August Oil exports from Iran have fallen steeply in the first half of August
Marine fuel supply unaffected by fire at Brazil's Petrobras refinery An accident at Petrobras refinery in Brazil did not affect bunker deliveries
Shipping company Maersk may produce own 0.5% sulfur bunker fuel blend Transport and logistics group AP Moller-Maersk may produce its own blend of bunker fuel at Rotterdam
Norway's Frontline says well positioned on the scrubbers front Norwegian independent tanker operator Frontline said Wednesday that it was well positioned on the scrubbers front
Spain Las Palmas bunker availability tight on lower volumes from Rotterdam Bunker fuel availability at the Spanish port of Las Palmas is tight due to lower volumes from Rotterdam
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