Inchcape: The price of innocence Inchcape Shipping now plans to focus on its core activities aimed at reducing customers' voyage costs
Inchcape settles 'overcharging' case brought by US government Executive chairman Simon Morse was brought back in early 2017 with a remit to reach a settlement on accusations by...
BW LPG makes $1.1b all-share bid to acquire Dorian LPG Update: BW LPG wants to preserve cash while allowing Dorian shareholders to maintain exposure to shipping markets in the all-stock offer
Greek shipping bank debt falls again Petrofin survey charts further contraction in ship finance portfolio, but Greek banks lift their game
Songa Bulk posts firm vessel earning for January-March Dry bulk outfit stays in the black as average vessel earnings remain firm despite lacklustre iron ore trades
DryShips agrees $94m deal for two Economou ships DryShips to pay an aggregate price of $93.8m for the two vessels, including shouldering $50.3m in bank debt
'Autonomous' does not necessarily mean 'unmanned' Hype around autonomous vessels has turned out to be overblown because experienced crew will always be need to deal with...
Zech looks to take 100% control of newly merged heavylift giant But market still 'far away from good' as bunker prices spoil anticipated recovery party, and consolidation is more apparent than...
Tor Sletner jumps to cruise lobby from Norwegian shipowners' group A former Armed Services employee and green advocate, Sletner headed up the Norwegian Shipowners' Association's environmental activities with special a...
Shippers warned of rising costs as US trucking crisis builds Driver shortages and higher fuel costs are pushing up the price of haulage
Scorpio Tankers agrees deal for six MRs As part of new financing initiaves announced in April, Scorpio Tankers has signed a sale-and-leaseback deal with China's Huarong Shipping...
UK Club sees top line boost Chairman commends member efforts on safety
Flex LNG loses chief executive but gains two newbuildings Expansion continues with funds from a sale-and-leaseback deal, despite disappointing first-quarter results and the loss of chief executive Jonathan Cook
Wall St Note | Are shipping companies trash or treasure? What to do when one analyst calls a company junk when another analyst calls it the best bet
Zeaborn and Intermarine agree joint venture Zeaborn will have the majority stake in the new joint venture, called Zeamarine
Hapag-Lloyd warns on impact of sulphur cap violations Hapag-Lloyd chief operating officer forewarns that non-compliance is not an option for the company
Strike action brings Brazil's ports to standstill Expected customs and stevedores strikes could make matters worse for both Brazilian imports and exports
Brazil soyabean exports face strike crunch A bumper corn harvest expected in June and July could face delays due to an overhang in soyabean shipments
Greeks set sail for top spot in LNG sector Greek-backed companies on the cusp of challenging Japanese owners to leadership of LNG carrier ownership with control of 16% of the...
'For the welfare of all nations' Last year 14% of all shipping capacity calling in North America belonged to Greek companies
Greeks and Wall Street An exclusive survey of 50 US-listed companies by Lloyd's List revealed that Greek shipping companies had a 23% market share...
Rosy charter market clouded by carrier woes Box lines dealing with a significant rise in operating costs while freight rates offer little support in terms of revenues
KDB issues $280m of green bonds Policy bank hopes the issuance can attract more private investors into domestic low-carbon projects
Hunter Group to increase private placement The company is raising funds for its newly acquired VLCC orderbook as it aims to switch its business focus to...
D.ship Carriers orders two multi-purpose vessels Deliveries of the F-500 duo are scheduled for November 2018 and first quarter of 2019, respectively
Safe Bulkers remains in black in first quarter Listed Hajioannou company nears completion of newbuilding programme
Brazil strike crippling shipping set to end Deal reached between government and truck drivers should help restart vessel movements.
Top Ships holding $14.3m share sale Tanker owner is selling common stock to pay $5.8m in debt to Crede Capital Group.
Ackermann: BW LPG-Dorian would be 'bellwether' Combined company would have one-fifth of global LPG shipping capacity, but still faces tough market.
Heidmar sets up new bunkering service Fresh expertise being brought in to advise pool partners on options for 2020 compliance
Shippers blast lines over bunker surcharges Global Shippers' Forum says liner shipping industry is using 'conference-style' pricing to impose higher fuel costs on customers.
BW LPG makes $1.1bn offer for Dorian LPG UPDATE 2: Dorian is reviewing proposal; JP Morgan says some Dorian upside given away but other benefits accrue.
Navigator ethylene joint venture picks site Gas ship owner and operator plans to have largest US facility for export of petrochemical gas.
Claims downturn boosts UK Club P&I mutual affirms belief in mergers as free reserve rises by $82m
DryShips to buy two Economou vessels Diversified shipowner plans to buy a Newcastlemax drybulker and suezmax tanker from affiliates of George Economou.
TGS, PGS land Norwegian survey deal Charterer and owner teaming up on 6,100 sq km job off Hammerfest.
Legionnaires' disease found on ferry Deadly bacteria present on shower heads on P&O's Pride of Kent.
China urged to reconsider scrap ship import ban ISRA says responsible owners left searching for recyclers offering equal high standards.
Torvald Klaveness heading to Dubai Bulker owner follows pop-up office with permanent base in UAE.
Scorpio Tankers seals six more leaseback sales Owner offloads MRs to China Huarong in another transaction expected to increase liquidity.
Tokyo books MSC ship for Olympics MSC Lirica brought in as hotel vessel for summer games.
Havyard falls to first quarter loss Saevik-owned yard hit by higher costs, but profit forecast for this year and 2019.
CMES, ICBC form $417m VLOC JV Chinese owner and leasing company invest in six big bulkers on order at Beihai.
NAT secures $23m period charter deal Herbjorn Hansson's Nordic American Tankers (NAT) appears to have landed a three-year charter deal with Equinor for a suezmax newbuilding. Shipbrokers said the company, formerly known as Statoil, is to pay $21,000 per day for the 157,000-dwt Nordic Aquarius, which is scheduled for delivery from Samsung Heavy Industries in June. At that rate, the deal is worth $23m in gross charter revenue. The
Zeaborn and Intermarine combine MPP, heavy-lift assets New operation Zeamarine will have 75-plus vessels, but plans to increase this to more than 100 by 2019.
Dof scoops one-year Petrobras charter Norwegian owner's AHTS Skandi Fluminense wins ROV work in Brazil.
PGS appeals $11m Rieber resale ruling UK owner goes to supreme court in row over OSV deal.
Jonathan Cook quits Flex LNG Fredriksen company's CEO wants to pursue other interests as Marius Foss joins from Golar LNG.
USC in talks for 50 newbuildings Russian yard group discussing massive deal with domestic owner.
Waruna Nusa Sentana keeps up buying binge Indonesian tanker owner Waruna Nusa Sentana has emerged as the reported buyer of two Claus-Peter Offen handsyize product tankers that were reported sold last week, bringing its total number of purchases this year to five. The 37,000-dwt medium-range tankers CPO Larisa Artemis and the CPO Larisa Athena (both built 2004) were said to have been sold for $15.6m en bloc, UK shipbrokers said. Waruna N
Crowley launches Caribbean feeder service Crowley Maritime Corp. announced Tuesday that it has launched a feeder shipping service connecting San Juan, Puerto Rico; Rio Haina, Domini...
Executive Moves: UPS and Railinc UPS has appointed Kevin Warren to the position of chief marketing officer effective Friday. Warren, who will report to UPS Chairman and CE...
Container rate indices sending mixed signals Two of the primary indices for measuring spot rates for container shipping were headed in the opposite direction last week. After pricing ...
Kerry Logistics buys freight forwarding company Kerry Logistics Network Ltd. said it has acquired Shipping and Airfreight Services (Pty) Ltd. (S.A.S.), a Johannesburg, South Africa-based ...
Unions serve CP with strike intention Class I railway Canadian Pacific (CP) was served with strike notices on Saturday from two unions - the Teamsters Canada Rail Conference-Tra...
Industry Insider: My bill of lading does what? Anyone who works in the transportation, shipping or logistics sectors knows how even the small details - sometimes especially the small det...
White House moving forward with China tariffs The Trump administration plans to move forward in imposing 25 percent tariffs on approximately $50 billion worth of goods in yearly import ...
Alibaba invests $1.36 billion in ZTO Express Alibaba Group and its logistics arm Cainiao will invest $1.38 billion in the Chinese express delivery company ZTO Express (Cayman) Inc. in ...
Port of Zeebrugge invests in COSCO terminal COSCO SHIPPING Ports Ltd. (CSP) announced Friday that the Port of Zeebrugge has signed an agreement for the purchase of a 5 percent stake i...
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