Hard Brexit would hit ports across EU, says French minister But industry concerns remain on EU departure small print
Korean vessel lost in collision off northern Japan Japan coast guard vessel Erimo on its way to inspect collision site located 460 km southeast of Cape Nosappu, Japan
Diana cools talk of new buys as it returns to the black Greece-based owner beats analysts' forecast for second quarter
Navios Midstream improves amid merger talks Time-chartered VLCC fleet delivers increased revenues and profits in latest quarter
Blockchain trials start for bunker industry Better safety and monitoring among goals
GasLog Partners sees LNG carrier shortfall despite surge in orders Partnership cites 'robust' demand and says it has the liquidity to fund 14th acquisition
Dublin readies port for growth and Brexit Dublin port saw 5.2% growth in imports and exports in the first half of 2018
Vale expects drop in freight costs with new VLOCs installed with scrubbers The new contracts of affreightment will cover 62m tonnes per year of Vale's transportation needs
Rotterdam container growth fails to offset bulk slowdown Revenues from ship calls stall as coal fails to deliver
Cosco IT woes spread beyond US Outside the US, Canada, Panama, Argentina, Brazil, Peru, Chile and Uruguay are also affected
Viewpoint: A shot in the foot There will be plenty of voices calling for the orders to be placed domestically, citing the capabilities of shipbuilders which...
Safe Bulkers boosted by improving market Owner of 40 bulkers exercises option to repurchase a third kamsarmax previously sold in leaseback transaction
Daily Briefing Scorpio Tankers buys 55 ballast water systems from Ecochlor | NYK agrees BWM retrofit order with Sunrui for 89 ships...
US and EU agree to talks on tariffs and trade President Donald Trump and European Commission president Jean-Claude Juncker have agreed to suspend new tariffs and work to remove trade...
Saudi Arabia suspends oil exports through Red Sea lane after tankers attacked One vessel sustained minor damage, but no injuries or oil spill were reported
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House passes safety bill in response to El Faro House passes legislation ordering implementation of USCG recommendations.
Scorpio Bulkers agrees to loan refinancings Bulker owner strikes deal with two banks for four vessels in move expected to boost balance-sheet liquidity.
SALT agrees to loan refinancings Scorpio Bulkers strikes deal with two banks for four vessels in move expected to boost balance-sheet liquidity.
Navios Midstream sees higher profit Navios VLCC MLP brings in more revenue thanks to higher number of available days from unscheduled off-hires.
Greathorse seeks to quell talk of chemical fleet sale Tiger Group shipmanager denies rumours of a chemical-carrier sell-off driven by shareholder's wish to exit shipping, but ultramax bulkers remain on sales block
DryShips carves its own path amid good, bad and ugly George Economou's public company has racked up impressive share gains even as legal skirmishes and governance issues cast shadows
Aury to lead broker panellists in Baltic 'rights' renewal talks Frenchman charged with safeguarding market data 'rights' in 2019 negotiations as fears grow of information exploitation
Higher newbuild reefer capacity king in battle for fresh business Entry of Maersk Line newbuilding into North Europe feeder service highlights demand for high-reefer capacity on a trade where perishables make up a large share of cargoes moved
Ofer's XT Shipping plots $460m feedership feast Tycoon lines up orders in China and South Korea as part of scrubber-fitted bet on boxship market ahead of 2020
Bengal Tiger Line's new owners focus on growth Deal marks a chance to ditch former conservative policy and expand the container feeder operator
Rehder banks on MPP market recovery German owner takes on multipurpose vessels and hives off boxship duo
Turkey's Arkas Line in boxships order switch Company confirms talks with Chinese builder for four 3,100-teu containerships
Delos splits 12-VLEC $1.5bn order between Hyundai and Samsung US investment firm books newbuildings against charters to China's Zhejiang Satellite Petrochemical
Three outfits still in running for AGL FSRU
Mediterranean deepwater drive looks promising for PSV owners
Helix stays cautious after a strong second quarter Helix remains conservative on its outlook despite a strong uptick across the board
Saevik happy to see Reach 'pay as it goes' for Havila Harmony Havila boss says he would prefer three-year charter was on full terms but that number of covered days is higher than many think
Dutch Paragon employees take fight to Troim's Aberdeen office
Two offshore players merge into OSV giant, but did anyone notice? Scant attention to merger of Tidewater and GulfMark shows just how far offshore has fallen
Sculpture awash with deep meaning
Speculation mounts over cause of Ada fire
Higher charter rates power scrubber uptake by tankers VLCCs and suezmaxes have a compelling business case for installing scrubbers ahead of 2020
Pappas-owned PST offloads small tanker in rare S&P move
Sinokor books more tanker and bulker orders in Asia Total value of company's newbuildings ordered this year is estimated to top $1.62bn, including optional vessels
Times Navigation scoops up supramax bulker trio
Yasa Holding puts five bulkers up for sale
Diana Shipping explains S&P stance after loan repayment Ioannis Zafirakis places sales ahead of purchases and explains key sign for dividend return.
Fincantieri orders backlog surges past 100 ships Sizzling hot July takes Italian builders workload to a massive EUR 32bn ($37bn).
Samudera second quarter profit dented Shipowner nervous about trade war but has an eye on growing its dry cargo business.
GasLog Partners sees small rise in profit LNG partnership sees slightly lower costs and hikes dividend while beating Wall Street consensus.
TMS Cardiff Gas grows LNG fleet with Samsung option Economou group believed to be ordering sixth LNG newbuilding as it keeps dumping older panamaxes
Sulphur to top single-skin tanker exit for disruption
Singapore's CH Offshore set to be snapped up Baker Technology arm switches focus from EMAS to anchor handler specialist
AP Moller-Maersk shares rise after Trump and Juncker talks Rose Garden announcement of "new era" welcome relief for Danish owner's stock.
Safe Bulkers reveals profit, sale-leaseback, debt refinancing Listed Hajioannou company enjoys robust income growth in Q2 but sees costs rise due to drydockings.
Lorentzen Skibs sells supramax bulker Norwegian owner trims its fleet with $9m sale.
Zim partners 2M in move to cut transpacific loops Israeli carrier's cooperation with Maersk Line and MSC set to lead to cuts in capacity and poses questions over Hyundai Merchant Marine's position
Kirby Corp upbeat on tank-barge outlook Chief executive David Grzebinski pleased with second quarter results.
Costamare confident of signing loans for latest newbuilds Further expansion moves also being considered, chief financial officer says.
Korean shipbuilding shares on the march Daewoo leads the uptick thanks to good news for those in the LNG market.
Losses swell at Hans Peter Jebsen-led KGJS
Bahri VLCC damaged in Red Sea attack by Houthi rebels Saudi Arabia's Energy Ministry suspends all oil shipments through the Bab-al Mandeb Strait after Wednesday attack that damaged one of the tanker giants VLCCs.
Cosco takes the helm at OOIL Chinese shipping giant completes majority shareholding acquisition of Hong Kong-based liner operator. Offer to buy out minority shareholders closes tomorrow.
Taiwan Navigation sells pair of panamax bulkers to China Unknown buyers have picked up two Sumitomo veterans and one of them has beaten China's tight deadline for importing ageing bulkers
Enoc picks up Benetech LR1 for up to two years Dubai energy firm charters product tanker from Greek owner at a firm rate.
General Dynamics Nassco sees higher revenue San Diego-based shipbuilder sees a massive earnings spike in commercial build sector.
Seacor Holdings returns to profit New York-listed company receives $53.9m tax gain from sale of Hawker Pacific Airservices.
Landstar truckloads hit all-time record Landstar System Inc., an asset-light trucking company, saw net earnings and revenues in the second quarter of 2018 take a big leap year-over-year amid a tight trucking market and high demand, as well as a significantly lower effective tax rate.
Executive Moves: UP, Matson, Long Beach board Union Pacific named Lynden Tennison executive vice president and chief strategy officer. Matson Logistics appointed Michael Coleman as its director of intermodal operations. And Tracy Egoscue was elected president of the Port of Long Beach Board of Harbor Commissioners.
Commentary: Global pin factories Adam Smith began his inquiry into the Wealth of Nations with the simple analogy of a pin factory with 10 workers under a single roof. If the men worked as individuals, each man making the entire pin by his own effort, the factory might produce 10 pins a day.
FMC gives consent to new chassis pool The South Carolina Ports Authority and Georgia Ports Authority will be able to establish a common chassis pool serving customers throughout the Southeast as the result of the Federal Maritime Commission (FMC) voting today to take no action to prevent the Southern States Chassis Pool Agreement from becoming effective.
Ryder's profits slide despite record revenues Ryder System Inc.'s net earnings dropped 16.9 percent to $42.3 million in the second quarter of 2018, according to the company's latest financial statements.
Old Dominion's net income climbs 66.1 percent Old Dominion Freight Line posted double digit year-over-year growth in net income and revenues for the second quarter of 2018, with president and CEO Greg Gantt saying how the company benefitted from the positive yield environment and the ongoing strength in the domestic economy.
Aloha Air, Northern Air cargo pilots ratify labor pact Teamster pilots with Aloha Air Cargo and Northern Air Cargo on Tuesday voted to ratify an agreement providing for wage increases, benefit improvements and increased job protections.
HMM joins NYSHEX carrier network Hyundai Merchant Marine has become the latest ocean carrier to offer enforceable container freight contracts via the New York Shipping Exchange (NYSHEX), NYSHEX said in a statement.
FUTURES 5: Crude settles higher on US stock draws, geopolitical risks Crude futures settled higher Thursday, supported by US stock draws and geopolitical risks.
West Africa demand diverts NWE gasoline exports from North America Growing gasoline demand in West Africa is pulling more supply from Northwest Europe, curtailing exports to the New York Harbor and shifting the focus of traders there to securing August supply.
Total ramps up Urals, North Sea interest as Iranian exports exit European market
Oil watchers dismiss supply risk from Red Sea attacks, but wary of escalation Oil trade will not be significantly disrupted by the halting of Saudi Aramco shipments through the Bab el-Mandeb strait unless the security situation deteriorates, market watchers say.
European bunker buying still lackluster on strong crude: sources Buying interest in the bunkering hub of Rotterdam is lacking as the crude complex continues a sustained period of strength.
Bunker suppliers unsurprised by lower H1 fuel oil throughput at Rotterdam Bunker suppliers at the bunkering hub of Rotterdam were unsurprised that the Rotterdam port data Thursday showed a fall in oil product throughput for the first half of 2018.
August fuel oil crack decouples from crude complex on strong fundamentals The fuel oil crack has shrugged off its typical inverse relationship with the crude complex, leading to a period of decoupling since mid-July.
Spanish Repsol's Q2 throughput falls 6% on year to 10.9 million mtoe Repsol operates five refineries in Spain at Bilbao, Cartagena, Tarragona, Puertollano and Corunna.
Total's lifts 2018 output target as profits swell Production in Q2 surpassed a previous record and rose to 2.717 million b/d of oil equivalent, up 8.7% from the same period last year.
US crude shipments to China drop sharply for July, August "Sinopec will continue to take deliveries of crude from the US in August, but will reduce buying from the producer for the rest of the year," an executive said.
ABS updates scrubbers advisory to aid global sulfur compliance New orders for scrubbers for both new construction and existing vessels is accelerating
BLOC announces consortium for blockchain use in bunkering The technology will be used to provide traceability and transparency in the marine fuel supply chain.
UPDATE: Defence for ex-BP Singapore employee Clarence Chang questions evidence Trial continues in August.
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