European Commission publishes Cosco Shipping-OOCL clearance decision Sufficient competition on Europe-North America trades to allow acquisition
Eniram enhances Wartsila's digital offering Traditional marine business moves into digital ecosystem through partnerships
Tanker woes hurt Ship Finance International results John Fredriksen's leasing outfit expects new projects later in 2018 after shoring up balance sheet
DZ Bank 'considering all options' for DVB Owner DZ Bank is considering "all options" for DVB
Vale in talks to build new Guaibamax ore carriers 39 Gauibamaxes might not be enough for Brazilian giant's shipping requirement
New Cypriot deputy minister pledges growth for shipping Natasa Pilides is first occupant of new cabinet post for shipping industry
Hundreds of vessels linked to HSH 'bad bank' to stay with taxpayer Risk of super-cheap tonnage suddenly flooding S&P market likely to be averted
Crew on abandoned Alco tanker Qaaswa running out of supplies International Transport Workers Federation calls for immediate deliveries of fuel and fresh water, and payment and repatriation of 18 seafarers
Flex LNG turns bullish after fourth-quarter profit Fredriksen's LNG shipping unit plans to take advantage of market upturn
New ULC orders to skew alliance balance Ocean Alliance set to surpass 2M on Asia-Europe trade by 2020
DSME wins order for gas carrier duo worth $368m The vessels are scheduled to be delivered by the end of September 2020
MOL eyes Arctic energy opportunities Japanese shipping giant expects energy trade in the polar corridor to increase significantly
Positive outlook 'not without risks', warns MSI For the shipping market recovery to continue, new vessel contracting needs to be kept on hold
Japan seeks aid for sanctions enforcement Japanese authorities consider outlining three areas in the East China Sea for the nations to conduct surveillance activities on North...
Vessel impairments weigh on Milaha results Weakness in offshore and oil and gas segments continues, but chairman says a stronger operating performance in third quarter onwards sets...
Containers to drive port traffic growth in India over the next five years As new facilities grow in number, port utilisation in the container segment is expected to drop to 55% in 2019...
Tanker operator and master convicted in US pollution case Both parties admit illegally discharging oil cargo residues and bilge water from the vessel Sea Faith into the sea during...
Seadrill restructuring wins stakeholders' approval The agreement sees about 70% of Seadrill's bondholders supporting its restructuring measures
Raising the alarm on Ecdis As fears grow that the reliance on digital navigation tools is making vessels less safe. will the case for systems...
Seatrade crew remain in captivity off Nigeria Seatrade seeking release of four kidnapped seafarers as attacks against merchant vessels in the Gulf of Guinea skyrocket over the...
Ocean Yield takes five Interlink Maritime handysizes Norwegian-listed leasing company makes good on its word of doing more dry bulk deals.
Genco returns to profit amid much higher revenue New York-listed bulker owner reports first quarterly profit in years, thanks to commercial strategy, cost optimisation and a better market.
DryShips returns to black amid higher revenue New York-listed bulker and offshore vessel owner posts nearly $12m in quarterly profit as revenue jumps by 230% from a year earlier.
Songa looks to KR class expertise on cyber Ship management firm seeks Korean class society input on ways to bolster cyber security.
Samudera expects heated rivalry in return to black Diversified Indonesian owner expects 'competition to heat up' this year as mainline operators consolidate.
Mermaid sees hard times ahead as profit falls Thai-backed offshore ship operator expects subsea vessel market to be 'very tough indeed' for tier-two players.
Ship Finance International falls short in fourth quarter John Fredriksen-backed company eyes project growth and confirms VLCC sale.
Cyprus appoints new minister for shipping Natasa Pilides becomes country's first dedicated minister in charge of shipping
Finnlines orders three new ro-ro ships Grimaldi company aims to keep expanding as profit hits record level.
Grindrod facing impairments ahead of IPO $53.2m written off for vessels and goodwill as owner prepares shipping spin-off.
Carnival inks LNG cruiseship at Meyer Werft US owner makes it a trio of eco-ships for AIDA Cruises in Germany.
Elderly tanker sold for a dollar Panamanian lawyer explains deal for veteran ship offloaded for further trading.
John Michael Radziwill closing on $185m Rosco bulker fleet Shipowner looks to have a deal in place for Rewood Ocean Shipping Co bulkers.
Shanghai Ansheng adds car carrier newbuilding Anji Automotive group company returns to CSC Jinling in China.
Subsea 7 scoops Wintershall contract Deal for subsea work off Norway is worth up to $150m.
SD Standard Drilling looks for spring upturn in PSV market Positive read comes with profit recorded for fourth quarter and expectation laidup ships will not come back.
Reach under pressure in tough subsea market Over-supply is increasing losses at Oslo-listed owner.
MOL signs Arctic route deal with Russia Japanese owner working with government to capitalise on export potential.
DZ considers 'all options' for DVB as loan provisions hit $970m German lender's 2017 profit hit by subsidiary's shipping woes in over-supplied markets.
Fisher sells tanker, brings in newer model UK owner continues fleet renewal with deal to offload 1998-built vessel.
DSME inks deal for twin LNG carriers South Korean shipyard has secured its second LNG carrier order in under a month.
Flex LNG posts profit as first ships delivered Fredriksen owner's chartered LNGCs positive in fourth quarter, but own fleet is now growing.
Magseis drops second share offering Geophysical company pulls issue after stock drops below offer price.
Greek bulker spill trial begins in Canada Canadian court hears how port worker suspected bunker leak in Vancouver.
Bondholders reject Pacific Radiance restructuring plan Singapore offshore vessel operator faces uncertain future after investors vote against debt-for-equity swap.
Shell: World faces potential LNG shortfall Problem arising from mismatch between the types of contracts buyers and sellers prefer.
Japanese eye potential Australian FSRU project Consortium looking at Port Botany and Port Kembla as potential sites for import terminal.
Master jailed, owner fined $2.25m for dumping Sea World Management & Trading and master Edmon Fajardo are brought to justice for polluting waters off the coast of Texas.
Wintermar Offshore upgraded to 'buy' Highest utilization levels in over three years prompts UOB to take more positive stance on Indonesian owner.
Austal's earnings spike amid ferry, US Navy ship orders Australian shipbuilder's profits for first half of fiscal 2018 almost triple due to largest ferries orderbook in a decade, more income and a small tax benefit.
Waterways Council CEO critical of White House infrastructure plan Although President Donald Trump said in his State of the Union address last month that waterways would be a key part of his national infras...
Milaha earnings sink 34% in 2017 Profits in Milaha's maritime and logistics segment fell 15.9 percent year-over-year to QAR 119.3 million (U.S. $32.8 million) as revenues s...
Targeting the long tail There's been no shortage of software aimed at the freight forwarding industry in recent years. On top of the established crop of logistics...
XPO Logistics slammed with port trucker lawsuit A class-action lawsuit filed against XPO Logistics on Monday claims that the company's port drayage arm is misclassifying truck drivers as ...
Shipowner, officer convicted of illegal discharges The U.S. Justice Department said Sea World Management & Trading and Edmon Fajardo were convicted Monday of maintaining false and incomp...
CEVA's loss widens in 2017 despite higher volumes, revenues CEVA Holdings LLC, a non-asset based supply chain management company headquartered in Hoofddorp, the Netherlands, sunk deeper into the red ...
GE Transportation lands $1b deal in Ukraine GE Transportation signed a $1 billion framework agreement in Ukraine in which it will help the Eastern European country improve its rail op...
Strong Q4, U.S. tax reform boost Expeditors' profits in 2017 Expeditors International of Washington, Inc. reported net earnings of $489.3 million for the full year in 2017, a 14 percent increase from ...
CMA CGM ordering 12 more 14,000-TEU ships? French ocean carrier CMA CGM has placed an order for another dozen newbuild containerships, according to multiple media reports. The order...
Oil falls on stronger dollar as Powell testifies Oil futures weakened Tuesday, pulling NYMEX April crude 90 cents lower to $63.01/b, under pressure from a stronger dollar and weaker equities as Federal Reserve Chair Jerome Powell testified before Congress in Washington.
TANKERS: SeaWorld Management & Trading to pay $2.25 mil for illegal discharge Tanker operator SeaWorld Management & Trading will pay a $2.25 million penalty for not recording the discharge of oil and garbage from its products Panamax Sea Faith off the Texas coast.
IMO 2020 sulfur cap expected could shift demand to domestic sweet grades As the global crude industry prepares for the shift toward the 0.5% global sulfur cap for fuel oil in 2020, sweet crudes including domestic USGC grades will most likely see an increase in price while heavier grades could be hit with large discounts.
CHINA DATA: Jan residual fuel imports hit 8-month high at 1.8 mil mt China's residual fuel imports, comprising fuel oil and bitumen blend, rose 5.1% month on month to an eight-month high of 1.8 million mt in January.
Odfjell Terminals Rotterdam to expand jetty to take max 160,000 dwt ships Odfjell terminals Rotterdam is to expand its jetty capacity in the third Petroleumhaven in the port of Rotterdam to accommodate vessels of maximum 160,000 dwt by the fourth quarter.
Primorsk crude loadings to fall after 2018, oil products exports set to rise up to 2020
LNG market continuing to 'comfortably' absorb rising supply: Shell For the LNG industry, it is better to try to match demand than to undershoot it, Wetselaar said.
FUTURES: Oil stable on OPEC comments despite expected stock build "Bullish comments from OPEC boosted investor appetite," ANZ Research Tuesday said.
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