Klaveness exercises option for fourth new combination carrier at Chinese yard Norwegian shipowner opts for a fourth newbuilding combination carrier at a Chinese yard as it raises $32m in equity for...
Cloud-based energy logistics firm targets the US Data security and efficient flow of information are among the big challenges
Gas to take share in tanker trades from crude and products Seaborne liquid bulk trade growth to accelerate in the coming decade on LNG consumption
HSH Nordbank says future ship lending heavily capped by Brussels Bad shipping loans prompt a $1.3bn write-off that shunts German lender into deep minus territory
China's imports help BDI to four-month high The BDI is at the highest in almost four months thanks in part to a surge in capesize rates, which...
Chapman departs as UK Sosrep after four months at the helm Deputy Sosrep Stephan Hennig will take over until a permanent replacement is found after Mr Chapman's sudden exit
Maritime UK taskforce to launch Women in Maritime charter In-principle support sought for innovative new agenda at rolling launch in Southampton in early July
Yang Ming poised to contract 10 boxships from Shoei Kisen and Costamare Japan- and Greece-based owners said to have emerged as winners of Taiwanese carrier's tender for 11,000 teu vessels
Port and logistics groups call for clarity on Brexit requirements Leaving the European Union-enforced Customs Union threatens disruption at ports if clear details are not worked out ahead of time
Fears of customer attrition put spot rate recovery in doubt Asia-Europe and transpacific rates continue to disappoint in the early stages of the second quarter
SMW: Shipping needs more regulation, not less, says Ince & Co partner Leading lawyer Rosita Lau calls for new regulation for cyber risk and digitalisation. 'Regulations are not keeping up with innovation,'...
Wärtsilä hails 'world first' ferry autodocking trials Finnish technology company and engine maker wins backing from Norwegian and Singapore governments
K+N unfazed by box lines' moves deeper into logistics K+N chief executive Detlef Trefzger sees no conflict with container lines expanding their value chain into the third-party logistics customer...
Vincent Bolloré probed over corruption claims in African port deals Allegations 'misunderstand business', argues dominant logistics player in former French colonies
Viewpoint: Light across the border At a reception in London to mark the Commissioners of Irish Lights launching their strategy for the next five years...
New DP World Europe head signals commitment to the UK Rashid Abdulla said DP World is 100% committed to the UK as he moves from Asia-Pacific to Europe and Russia
Rising Australian exports boost LNG tanker demand Australian trade dominated by 145,000 cu m-184,000 cu m ships in the Pacific basin
Letter to the Editor: International efforts to address shipbuilding overcapacity There are compelling needs for establishing normal competitive conditions in the shipbuilding industry
SMW: Maersk's Skou calls for end to subsidies Skou also expects much of the sector to opt for compliant fuels to meet the sulphur cap
SMW: Cargill calls out box lines on capacity misalignment Growing demand from North South trades are not being matched with appropriately sized deployments from the lines, argues major charterer
SMW: China's iron ore imports set to exceed 1.5bn tonnes this year Improved iron ore import demand from China would provide opportunities to the dry bulk shipping market
Yangzijiang buys a major stake in Chinese shipping firm for $28m Jiangsu Huayuan Logistics is mainly engaged in leasing and chartering of vessels for China domestic trades
Wall St Note | Clear or clearer skies for Scorpio Tankers? The bigger you are, the more options you get to fight a bad market
Seacor's earnings fall for the first quarter The diversified marine services firm posted higher revenue but incurred heavier costs during the period.
Vulcanus resumes supramax growth drive
Turk Loydu challenges IACS over membership attempt Class society considers complaint to competition authorities alleging association moved goal posts to scupper membership application
Gener8 clears covenant hurdle ahead of takeover New York tanker owner said to be in discussions with lenders on other issues but none would imperil pending buyout by Euronav
OSG shares pull ahead of its Jones Act sibling American Shipping lags behind New York-listed tanker operator, whose stock has risen by 100% since February
Norton stays cool as OSG shares run hot
Transaction puts Dutch dealmaker in the spotlight
Capital markets slowdown hinders Clarksons in Q1
World's shipping figures descend on Shanghai for Capital Link meet
First woman wins prestigious Onassis Prize in Shipping
Digital transformation depends on addressing five key questions As players of all sizes struggle to find clarity on how best to deploy the power of technology, BW Group chairman moves beyond generalisations and gets to grips with the critical issues
Asia-Europe slump fuels fears of rate war
Baltic Exchange mounts fresh bid to crack container market with freight index New partnership with Freightos in crowded world of container shipping indices vies to become sector benchmark and promote derivatives use, but is decried by rivals who fear it will set industry back
Environmental changes expected to create three-tier market
Good times are round the corner, Hartland predicts Shipbroker's annual review highlights potential positive impact of environmental regulation on supply and demand
StealthGas linked to LPG unit sale at firm price
Yamal LNG eyes fixture as project delivery speeds up Russia's Arctic-based development is running counter to LNG norms with production coming onstream in advance of shipping
Jiangnan Shipyard scoops LNG unit for Ghana import project
Yards called up for Excel conversion
Bangladesh ships in its first LNG cargo
Newbuild prices rise as enquiries slide
First cargo loading looms for Golar's Hilli Episeyo Cameroon floating LNG unit poised to send early volumes into waiting vessel
VLGC titans call scrapping a last resort for 'worst hangover ever' Hurt by serious overcapacity problems, operators are opting for slow steaming over demolition
Solvang fixes its oldest ship
LNG will take decades to overtake oil-based fuels, Alphatanker says Oil majors lead infrastructure build-out, with every continent bar Antarctica set for bunkering hubs
'Team De Margerie' enjoys grand tour of Sovcomflot's LNG flagship
Refund guarantees at centre of Japan-Korea yard subsidy war Tokyo finalises details of WTO case against alleged price dumping and state support for rival shipbuilders
North Sea floating hotels find trading buyers in Greece
Subsea 7's marriage proposal to McDermott rapidly turns hostile McDermott board has firmly rejected a takeover offer from the Kristian Siem-led company, which has now taken its case for a merger directly to shareholders
Subsea 7-McDermott tie-up would make new market leader
DNV GL man readies IACS for digital age
Privocean trial centres on battle over dock damage Actions of dockworker continue to dog litigation as '16 and a half' of 17 claims have now been resolved
Valentis seeks cooperation from small companies on consolidation
Great Eastern tipped to buy Toisa tankers
Pakistani breakers back, and they hold upper hand Local demolition yards prepare to welcome tankers again after 18-month ban
Tankers' future is bright, but don't book those yard berths just yet While plenty of factors give cause for optimism, a question mark looms over the timing of any upturn
PetroVietnam adds to fleet with Doun Kisen tanker
Avin secures top dollar in scrap sale of elderly tanker MR2 tanker sold in Singapore for $6.07m with delivery in Bangladesh
MR trio tied up for a year as period rates lag
Top shipping names visit Ship of Mercy Brokers and owners moved by work of organisation 'bringing hope and healing' to Africa's poor
The experts agree, chemical tanker recovery is in the air Analysts and operators say a market turnaround is on the cards, they just differ on the timing
Seven more handies take Njord's total to a dozen
Oldendorff grows with buys and seeks sale-leasebacks German outfit adds four mini-capes to fleet for up to $19m each and is said to be in talks to sell 13 ultramax bulkers
Densay linked to canny asset plays
Pavimar snaps up 12-year-old kamsarmax to expand fleet
Load Line nearly triples its money on supramax Sale of a similar bulker shows less profitable timing as supramax asset values continue to climb
Cosmoship Maritime nets Sinokor cape
Seven Seas gains from high bulker values
Gibson turns on the British charm in Singapore
Cosco International expects a first-quarter profit Singapore-listed firm foresees positive results on the backs of latest growth projects.
Costamare and Shoei Kisen tied to Yang Ming deal Greek and Japanese shipowners touted as joint winners for boxship newbuildings.
The Uganda-based office will extend GEODIS' footprint in Africa for both current and new key global clients. The new presence also provides...
Port of Los Angeles wins construction awards The Port of Los Angeles garnered two awards for outstanding achievements in construction management....
Seiko awards outsourced logistics contract to Yusen Seiko has awarded a contract to Yusen Logistics following a strategic move to outsource its entire U.K. warehousing operation....
Jettainer tests next generation of digital container "The technical possibilities of the digital container enable us to reduce the time and financial expenditure for repair measures. With our ...
Administration hopes for CFIUS reform passage this year A senior Trump administration official expressed optimism Thursday that legislation to reform the Committee on Foreign Investment in the Un...
CargoLogicAir boosts freighter frequencies A third flight per week is added from London Stansted to Atlanta; the summer schedule includes new twice-weekly direct services from Stanst...
Booster expands fuel delivery, tire care service Booster has "reinvented the fuel supply chain by cutting out the gas station," says co-founder Tyler Raugh....
American helps ready Canadians for Cinco de Mayo Utilizing American Airlines Cargo's widebody Boeing 777-200 and 777-300 equipment, the limes were transported from both Sao Paulo and Rio d...
Union Pacific thrives in Q1 Union Pacific posted a net income of $1.3 billion on operating revenues of $5.48 billion for the first quarter of 2018, rising 22 percent a...
ICE Brent/WTI spread widening on geopolitics, US output The ICE Brent/WTI spread was $6.55/b Thursday afternoon, out from $5.95/b Wednesday, its widest level since late 2014, encouraging US producers to ship crude overseas.
Rotterdam bunker suppliers offer end-month prompt loading on poor demand Weak demand for bunker fuel in Northwest Europe has left suppliers with excess product as the month draws to a close and several are willing to fix very prompt inquiries for 380 CST fuel in a bid to shift fuel, sources said Thursday.
IMO 0.5% sulfur cap threatens fuel oil arbitrage shipments Traders expect the fuel oil arbitrage from Rotterdam to Singapore to be one of the first casualties of tighter marine fuel sulfur limits in 2020.
Marine fuel sulfur cap to raise costs; ban non-compliant ships: Maersk Sulfur restrictions could jack up fuel costs by $50-60 billion yearly.
Singapore advances Tuas Terminal plans, MPA inks deals to enhance maritime hub status When fully developed by 2040s, the terminal will be able to handle up to 65 million TEUs annually.
Debunkering requests at regional ports seen rising after Singapore off-spec issues Specification issues have led to tight availability of the finished 380 CST bunker fuel grade.
Dutch competition watchdog abandons bunker cartel investigation "Although we established that there was consultation on price agreements in the period 2011-14, this did not lead to cartel formation."
Veritas receives more samples of bunker fuel in Singapore with low flashpoint The deliveries were made by multiple suppliers between April 16 and 18.
South Korean refiners shy away from Libyan crude oil Libya's output has recently been cut by 80,000 b/d after an attack on its export pipeline supplying the Es Sider oil terminal earlier in April.
Bunkering set to dominate small-scale LNG landscape on tighter environment rules Switching to LNG is slow, but once the tipping point is crossed, it would be a long term solution, SLNG CEO John Ng said.
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