TOP Ships terminates ATM offering as newbuilds receive bank offers Nasdaq-listed owner draws close to clinching funding for final three tankers
Diana Containerships completes makeover as debt-free owner of four boxships Nasdaq-listed company claims it is 'far stronger' after vessel sales and repayment of large loan from dry bulk affiliate Diana...
IMO turns spotlight on crew fatigue AMSA's Michelle Grech welcomed the introduction of more science in the guidelines
K+N lowers market growth expectation, but indicators still strong Logistics firm has not registered any effects from over-hyped trade war between US and China
Spot market offers little relief for carriers bidding to recoup fuel costs The latest SCFI and WCI data show only sideward rate movement on the two major east-west trade lanes
Product tankers find strength in Pacific but stay listless in Atlantic Pacific MR basket rate stays above $10,000 per day while Atlantic trades are weak on both European and US Gulf...
Freight Investor Services opens new grain routes for FFA trading The move comes as more soyabeans are moving to China
DP World first-half container volumes surge Box throughput growth eases as trade policy headwinds bring uncertainty to container trades
HMM to offer slots on NYSHEX The South Korean line, which becomes the seventh carrier to join the enforceable freight rates platform, will begin posting offers...
IMB warns of persistent piracy risk in Gulf of Guinea IMB report highlights continual Gulf of Guinea threat but piracy levels elsewhere decline
Schoeller divests majority stake in Bengal Tiger Line Interest transferred to unnamed European financial investor
Daily Briefing Carrier woes weigh on charter market | SIPG president sees meeting customer demand a key challenge | Inventory run-downs threaten...
Car carrier runs aground off Sweden Update: K Line has confirmed the incident, stating that the crew is safe and cargo onboard intact
Seaspan Shipyards appoints new chief executive Mark Lamarre has more than 30 years of experience in the industry and most recently worked with the Australian Shipbuilding...
Keppel banks $51m FSRU in conversion contracts The floating storage and regasification unit will be capable of regasifying up to 750m metric standard cubic feet of natural...
Dalian Tanker aframax locked into time charter The charterer has an option to shorten or extend the period by 15 days
Fresh charters and finance in busy quarter for Costamare Standout contract for modern vessel and funds in the bag for latest second-hand purchases.
Scorpio Tankers takes stake in Ecochlor UPDATE: Products tanker giant says it will buy 55 ballast-water treatment systems from Ecochlor for half of fleet.
Some cargo, fuel removed from grounded Dutch MPP Ardent and Multraship have removed 28 tonnes of marine gas oil from Wagenborg-owned Priscilla.
Vard comes off Singapore Exchange Shareholders approve voluntary delisting in face of Fincantieri's majority control.
Inuits call for HFO ban in Arctic shipping Indigenous group demands phasing out of HFO use to support food security.
Bahri sees higher profit amid fleet growth Saudi Arabian diversified shipowner chalks up better results to improved performance while noting a loss in associate-related investments.
DHT downgraded amid fragile spot market Evercore ISI notches down US-listed tanker owner as rates hit long-term low.
Palios points to 'attractive return' after loan repaid Diana chief happy with return from bulker owner's experience as a banker.
Goldwin Shipping set for dry bulk exit Speculative Hong Kong-based owner switches its eye to tankers.
Eagle Bulk Shipping closes ultramax swoop Nasdaq-listed owner has bought over a dozen ships in the past two years.
Top Ships lines up final pieces of newbuilding funding With jigsaw close to complete ATM offer has been cancelled.
New routes may tempt Chinese FFA players Banaszkiewicz sees trial US Gulf and Brazil soyabean routes boosting derivatives volumes
Jinhui ships out second veteran supramax bulker Shipowner says the deal will boost its cash position and working capital.
Reach Subsea ties up Havila ship charter Co-operation with Norwegian compatriot extended with vessel for expanding Houston office
Scorpio Bulkers 'still evaluating scrubbers' Shipowner still unsure if the technology is a good use of its capital.
DP World handles 36m teu of boxes globally Volumes up 4.8% despite geopolitical and trade developments casting shadow of uncertainty
Scorpio Bulkers primed for further liquidity boost New York-listed owner looking to take advantage of balance sheet to refinance older debt.
K Line car aground off Sweden Weather not likely to be blamed as Japanese-owned Makkasar Highway goes off course and runs onto the Swedish coast.
Pacific Radiance seeks further court protection Struggling offshore player heads back to court to ask for more protection against legal proceedings that may skewer its ongoing restructuring efforts.
Viking Cruises confirms cruiseship orders at Vard Contracts firmed up orders for two ships to target the rapidly growing expedition cruise market.
LOG-NET prevails in DHL lawsuit LOG-NET, a New Jersey-based supply chain software company, has been awarded damages of $14.4 million by a jury in litigation with the international shipping company DHL.
K.Hartwall becomes majority shareholder of A&A K.Hartwall, the Finnish provider of returnable logistics solutions, has acquired A&A Logistik-Equipment GmbH & Co. KG, a German company providing logistics equipment for various industries.
Small shipyards net more than $20 million in grants The U.S. Department of Transportation's Maritime Administration (MARAD) on Tuesday awarded more than $20 million in grants to support capital improvements at 29 U.S. small shipyards.
Subscription boxes leverage the power of outsourcing In some industries, particularly the American manufacturing sector, outsourcing has become a dirty word. But in the retail subscription box industry, outsourcing isn't just a part of the value proposition. In many ways it is the value proposition.
Talking Trade with U.S.-China Business Council's Erin Ennis "We have concerns that the tariffs and the loss of market share and the impact on cost is going to be essentially for naught, because the issues remain the same problems without any sort of engagement and dialogue to try to address them," says Erin Ennis, senior vice president of the U.S-China Business Council.
"K" Line car carrier runs aground Kawasaki Kisen Kaisha Ltd. ("K" Line) said Tuesday the Makassar Highway ran aground offshore from Sweden Monday at 7:21 a.m. local time.
Lanetix launches CRM for domestic freight providers Lanetix, a San Francisco-based provider of customer relationship management software for the transportation and logistics industry, has unveiled what it calls the first CRM solution ever designed specifically for the domestic U.S. freight market.
Dublin Port speeding up expansion Dublin Port said it has revised an expansion plan to achieve higher throughput on a smaller footprint. The Irish port said development will be sped up, based on an average annual growth rate of 3.3 percent from 2010 to 2040 rather than the 2.5 percent originally proposed in 2012.
Great Lakes industry contributions 'enormous' The Great Lakes-St. Lawrence River Waterway handled 230.9 million metric tons of cargo valued at $77.4 billion in 2017, according to a study conducted by consulting firm Martin Associates.
Singapore jet fuel front-month timespread strengthens on open trans-Pacific arb Singapore front-month August/September jet fuel swap timespread strengthened Monday with market participants attributing the uptick to an open South Korea-US West Coast arbitrage window.
European cargo owners floating storage on Brent contango; sources European owners are looking to keep their cargoes within the region as the flip into contango in ICE Brent futures on the two front months has discouraged them from sending their product westwards, sources said Tuesday
ICE Brent settles higher, seeking support around $75/b The oil complex drifted down from intraday highs toward the end of Tuesday trading but settled in positive territory.
Europe's heatwave hits fuel barge transit Record high temperatures and a dearth of rain across northwest Europe has seen the cost of transporting oil products through Europe's key inland waterways soar, distorting supply economics into the region's inland markets.
China's Cosco Shipping Energy flags loss for Jan-June on weak crude oil demand China's Cosco Shipping Energy Transportation flagged Monday a potential net loss for the six months ended June 30 on a decline in crude oil inventory, slow-down in the growth rate of crude oil imports by countries such as China and the drop in crude oil exports from Venezuela.
INTERVIEW:Japan seeks US sanctions waiver for Iran oil imports top priority "Our principle is to get the exemption firmly," Ryo Minami said.
ADNOC, CNPC partnership win win for oil demand, supply security The areas of cooperation includes potential partnerships in one, or more, downstream assets of CNPC in China
FUTURES: Crude remains lower on oversupply concerns After the OPEC meeting on June 22 in Vienna, Saudi Arabia, Russia have boosted production.
Singapore gasoil timespread strengthens on expectations of improving market fundamentals "I agree that the worse is over, probably ... Some are buying into stronger expectations," a source said.
Scrubbers orders set to spike as environmental rules loom: EGCSA EGCSA is planning to to create a "stamp of quality" expectation when customers deal and undertake commercial transactions with EGCSA members
Strait of Hormuz is a global oil choke point The Middle East is in the spotlight once again for its role in the crude oil market
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