ForestWave says abducted crew off Nigeria have been released Eleven crew members aboard the general cargo carrier FWN Rapide have been released a month after pirates attacked the vessel...
BHP expects well-run bulker firms to take advantage of rate environments Strong seaborne trade demand from China and rising bunker prices point to healthy freight earnings for bulker owners
Shell builds LNG bunkering hub in Florida LNG is the best way to meet the regulations, but it will need an industry-wide collaborative effort to build a...
Container shipping faces $10bn hit from higher oil prices Further deceleration of vessel speed branded as the 'last resort' for carriers to tackle the surge in fuel prices
New dangers ahead for LNG sector as short-termism takes over At KNect365 Energy's Gas Shipping Americas conference, Poten & Partners' global head of business intelligence sounds a warning note
Record shale output and scrapping boost Jones Act tanker earnings Daily hire in the US domestic shipping market has doubled on year, lifting the results of OSG and AMSC
Ports are part of clean air solution, BPA says New government strategy targets port emissions and discusses extension of ECAs in the UK
Shippers advised to lock in sea freight rates now Despite a dimmer outlook for container carriers, box rates could rise later in the year
Between the Lines: First-quarter carrier financials fail to impress All but four container carriers have reported negative earnings before interest and tax in the January-March period
Hans Gerhard Kahn, developer of heavylift concept, dies at 95 Company pays tribute to man who invented entire shipping division
Fight for market share behind poor carrier results Rising bunker and charter costs mean full-year results could be affected if supply side issues are not addressed, says Alphaliner
Corpus Christi pushing for channel upgrade funding Port of Corpus Christi's chief commercial officer Jarl Pedersen has not given up hope of completing a channel upgrade by...
FMC commissioner open to two carrier alliances However, Mr Maffei doubts whether such a move would gain regulatory approval from Brussels and China, particularly given the latter's...
FSL Trust secures $18m to refinance chemical tankers The High Court has granted the company, which reported a sharp year-on-year fall in its first-quarter net profit, an extension...
Cheniere gears up for Corpus Christi LNG Expansion Corpus Christi Train 3 is the first new liquefaction capacity in the US since 2015
China to reduce tariffs on imported cars amid trade talks Shares of US carmaker General Motors rose $0.19 to $38.28, while those of Ford were up $0.01 at $11.52 on...
OOIL finance executive confident on merger with Cosco All parties are working together with CFIUS to obtain approval 'with the same timeframe'/p>
Aegean Marine boosts board amid 'comprehensive' business review The company has received a NYSE notice concerning a breach of filing rules and says it 'cannot predict with certainty'...
Investor takes Aegean stake over 5% US-based private equity firm Towle & Co. owns 2.1 million shares of Aegean Marine Petroleum Network.
Creditors okay Harvey Gulf bankruptcy Offshore vessel owner readies to restructure under prepackaged bankruptcy plan.
Dorian study: LPG is best IMO 2020 option ABS analysis commissioned by New York-listed Dorian LPG shows LPG as most economical fuel to meeting impending sulphur cap regulations over long term.
USMMA scandal: Have lessons been learnt from academy's toughest test? How has the leading US merchant maritime academy dealt with the sexual scandal that engulfed it two years ago? 'Can do better,' suggests a report into the aftermath of widespread claims of sexual misconduct
Seaways readies $50m bond offering Diversified tanker owner seeks additional leverage for financing of Gener8 VLCC acquisition.
Benetech finds one-year employment on LR1 Greek shipowner Benetech found employment for a long-range-one (LR1) tanker it picked up last year. Market sources say the 75,000-dwt tanker Georgia M (built 2007) will be under hire to Emirates National Oil Co for a year with an option for a second year. The rate is said to be $13,000 per day, which is roughly in-line with one-year charters on panamax-sized tankers. Benetech bought the ship
SCI boosted by annual tax gain Indian state owner also saw better results from boxships and bulkers.
Oakland coal export ban struck out Judge clears the way for bulkers to head to Asia from US port.
Astrup investment firm sees profit jump Executives caution that results for 2018 will be weaker than last year.
Pacific Drilling extends creditor mediation Drilling company now has until 4 June to work out a restructuring plan.
Malaria suspected after Greek bulker death Second crewman stable after illness reported on Meadway ship in Poland.
Teekay director lashes out at non-performing brokers Teekay director of business development, Matthew Blake, has a strong warning for shipbrokers: shape up or ship out. Teekay Tankers sells seven in leaseback deal Blake - who took part in the tanker panel at the TradeWinds Shipowners Forum held in Singapore - did not hold back in his criticism of tanker chartering brokers. He says they are claiming credit for driving down spot rates. Blake s
Thorco Projects prepares to repel boarders Danish owner says newcomers face cheap but technically demanding entry to sector.
Knutsen NYK Offshore returns to profit Ship sales, strong operations and a better market aide Norwegian shipowner.
Monjasa switches auditing to DNV GL Danish bunker and tanker player ditches Bureau Veritas for Norwegian rival.
The TW+ Quiz Part One How much can you remember of the last three months in the whirlwind world of shipping?
Inmarsat loses GMDSS monopoly IMO approves US rival Iridium's system for satellite services.
Meet the new boss: Ian El-Mokadem shares his vision for V.Group The shipping newcomer tells TW+ there is more to his plans for private-equity-backed V.Group than securing a stock listing
Hope of jump in liner profits 'rapidly diminishing' Alphaliner issues note of caution following difficult start to the year.
Tallink aims for Helsinki listing Estonian ro-pax group goes for secondary presence in Finland following review.
China and Iran differ on causes of Sanchi tragedy China blames Sanchi while Iran says Chinese register bulker was at fault.
American Shipping Company back in black Rising Jones Act tanker rates help Aker-backed company return to profit.
U-Ming profit shrinks on JV losses Revenue stable at Taiwanese bulker owner in first quarter.
Havila reactivates laid-up PSV for charter Norwegian owner finds term work for ship stacked since February.
Sealink International keeps losses in check But Malaysian offshore vessel shipbuilder sees lower revenue follow asset disposal.
Fjord1 profit cut by taxman Changes in estimates reduce earnings for Norwegian ferry group.
ISPRL takes first ADNOC crude cargo Indian group has three new underground storage facilities ready for more VLCC cargoes.
Korean owner linked to LNG-powered Newcastlemaxes Government also said to be looking to boost infrastructure to promote LNG bunkering.
Nordic Shipholding starts 2018 with larger loss But Danish product tanker owner boosted by lending banks amending certain loan covenants.
Uber ride hailing app boosting demand for tankers Declining cost of mobility is reportedly raising global oil demand, say Bernstein.
Container shipping dynamics may shift Analysts at Danish Ship Finance (DSF) say that "emerging digital business models" may begin to change dynamics in the container shipping in...
Water resources bill flows through committee The House Transportation and Infrastructure Committee approved H.R. 8, the Water Resources Development Act of 2018, Wednesday morning.The b...
Maersk launching Med-Canada loop Maersk Line is expanding its offering to and from Canada with a new dedicated transatlantic container service, the company said in a statem...
Customs, trade community communication 'great' National Customs Brokers & Forwarders Association of America (NCBFAA) Board Chairman Geoff Powell said Tuesday that while certain eleme...
Mnuchin: China not free of steel, aluminum tariffs The United States has not exempted China from the Trump administration's controversial global tariffs on imports of steel and aluminum, acc...
On The Surface: Short line strides Short line railroads across the United States offer affordable and flexible options for shippers, yet they are still struggling to overcome...
Senate panel aims to block easing of ZTE sanctions The Senate Banking Committee Tuesday overwhelmingly approved an amendment to the Foreign Investment Risk Review Modernization Act of 2017 t...
CBP exploring 'known shipper' e-commerce concept U.S. Customs and Border Protection (CBP) is exploring a sort of "known shipper" approach for according trade-processing benefits to e-comme...
'Canada's pilotage regime is stuck in the 1970s' Canada's maritime industry welcomed the government's recently released recommendations to modernize the country's 45-year-old rules for pil...
China-US trade truce could boost bilateral energy trade China and the US agreed this weekend to put a halt to their trade dispute after the former agreed to buy more US goods
US DATA: EIA says US fuel oil stocks reach their lowest in 2018 US residual fuel oil stocks for the week ended May 18 fell to their lowest levels so far this year
Durban to get more bunker demand as Cape Town prices soar: sources Bunkering demand at South Africa's port of Durban is likely to rise as prices at Cape Town are extremely high
Bunker supplier Aegean says 'cannot predict' when will file 2017 results "The company is pleased to have the continued support of its lenders and other stakeholders."
SINGAPORE BUNKER MOC: Bunker fuel deliveries done for 30,930 mt during Mar 20-Apr 23 Glencore was the single largest seller of bunker fuel.
Gunvor's ClearOcean Tankers orders six scrubber-ready tankers ahead of IMO 2020 rule The six contracted vessels will be delivered in the first half of 2019, well ahead of the IMO's global sulfur cap rule.
FUTURES: Crude lower amid profit-taking, bearish US gasoline data API reported a build of 980,000 barrels of gasoline, contrary to analysts expectation of a decline of 1.38 million barrels.
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