BW LPG eyes 'world-first' LPG-fuelled very large gas carriers Oslo-listed company's net losses widen on dismal market conditions and near-term outlook remains 'cautious' Related Stories Awilco LNG posts better results on higher charter rates Grindrod Shipping eyes expansion of dry bulk fleet amid growing losses Maritime and Coastguard Agency top job goes outside industry
Awilco LNG posts better results on higher charter rates Norwegian owner charters out one ship for up to 12 months at $85,000 per day, in line with the market Related Stories Grindrod Shipping eyes expansion of dry bulk fleet amid growing losses Maritime and Coastguard Agency top job goes outside industry DP World's acquisition of Unifeeder is 'no play for global supply chain dominance'
Grindrod Shipping eyes expansion of dry bulk fleet amid growing losses Singapore-based company, which listed on Nasdaq in New York in June, saw revenues drop in its dry bulk and tankers... Related Stories Maritime and Coastguard Agency top job goes outside industry DP World's acquisition of Unifeeder is 'no play for global supply chain dominance' Maersk says low-sulphur fuel could push up costs by $2bn
Maritime and Coastguard Agency top job goes outside industry Sir Alan Massey to step down at the end of October, after leading Britain's flag state and coastguard activities since... Related Stories Grindrod Shipping eyes expansion of dry bulk fleet amid growing losses DP World's acquisition of Unifeeder is 'no play for global supply chain dominance' Maersk says low-sulphur fuel could push up costs by $2bn
DP World's acquisition of Unifeeder is 'no play for global supply chain dominance' DP World's move into feedership operations is a logical step in creating a multimodal response to carrier power over terminals Related Stories Grindrod Shipping eyes expansion of dry bulk fleet amid growing losses Maritime and Coastguard Agency top job goes outside industry Maersk says low-sulphur fuel could push up costs by $2bn
Maersk says low-sulphur fuel could push up costs by $2bn Carrier says regulatory compliance will drive up costs but that there are no concerns over low-sulphur fuel availability Related Stories MOL brings in artificial intelligence expert for digital push Tanker woe sends Cosco Shipping Energy Transportation into the red Odfjell eyes new bond offering
MOL brings in artificial intelligence expert for digital push Japanese group to work with AI guru on digitalisation Related Stories Tanker woe sends Cosco Shipping Energy Transportation into the red Odfjell eyes new bond offering Venezuela's main oil port partially open after tanker hits dock
Tanker woe sends Cosco Shipping Energy Transportation into the red Business of shipping foreign-trade crude oil posted an operating loss of Yuan425.7m versus an operating profit of Yuan428.5m during the... Related Stories MOL brings in artificial intelligence expert for digital push Odfjell eyes new bond offering Venezuela's main oil port partially open after tanker hits dock
Venezuela's main oil port partially open after tanker hits dock No oil pollution to the environment and no damage to the vessel, according to Lloyd's List Intelligence Related Stories MOL brings in artificial intelligence expert for digital push Tanker woe sends Cosco Shipping Energy Transportation into the red Odfjell eyes new bond offering
Odfjell eyes new bond offering Chemical tanker and terminal owner suffered a $120m loss in the second quarter of 2018 Related Stories Venezuela's main oil port partially open after tanker hits dock Sir Adrian Swire dies, aged 86 NYK to integrate domestic terminal business
Viewpoint: Mothers know best Mother of cruise firm president called passenger Kay Longstaff a 'stupid woman' who had cost the company $600,000 after she... Related Stories Trade associations have a role to play in fight against trade wars Alarm raised over fuel contamination cases Shipping faces up to trade wars
Star Bulk to buy seven ER Capital Holding-linked ships The deal marks the fourth fleet acquisition since April this year, totalling 31 dry bulk vessels and more than $1bn... Related Stories Sir Adrian Swire dies, aged 86 NYK to integrate domestic terminal business SIPG profits boosted by gains from bank investment
Sir Adrian Swire dies, aged 86 British billionaire had also taken senior roles in various shipping organisations, including chairman of the International Chamber of Shipping in... Related Stories NYK to integrate domestic terminal business SIPG profits boosted by gains from bank investment Star Bulk to buy seven ER Capital holding-linked ships
NYK to integrate domestic terminal business Two parties have agreed to merge UNI-X Crop and Nippon Container Terminals Co Related Stories SIPG profits boosted by gains from bank investment Star Bulk to buy seven ER Capital holding-linked ships Sir Adrian Swire dies at 86
SIPG profits boosted by gains from bank investment Shanghai-listed company says the container shipping industry is still in a "long cycle of dismal" troubled by oversupply of vessels, despite... Related Stories Star Bulk to buy seven ER Capital holding-linked ships Sir Adrian Swire dies at 86 First HSH Nordbank results since privatisation deal dip into the red
Star Bulk to buy seven ER Capital holding-linked ships The deal marks the fourth fleet acquisition since April this year, totaling 31 dry bulk vessels and more than $1bn... Related Stories Sir Adrian Swire dies at 86 First HSH Nordbank results since privatisation deal dip into the red Sovcomflot slips into the red on weak tanker earnings
Sir Adrian Swire dies at 86 Billionaire British heir had also taken senior roles in various shipping organisations, including chairman of the International Chamber of Shipping... Related Stories First HSH Nordbank results since privatisation deal dip into the
Bunker costs, freight rates sink Cosco profits "Historical low" in international oil transportation dents Chinese state shipowner's bottom line.
Ship Finance issues $72m bond Fredriksen company raises money for fleet expansion with five-year Norwegian bond.
AG Shipping tied to second tanker buy
Emerging market wobbles look unlikely to shake global economy Turkey's slide into economic crisis after the US imposed sanctions has raised fears of contagion, but global stability and growth appears unchallenged, writes global strategist Alexandre Tavazzi
ADS Crude Carriers debuts on Oslo Merkur
Kalani shareholder legal action to drag into 2019 Fraud lawsuits against DryShips, Top Ships, Diana Containerships and low-profile investment firm are grinding their way through US court system
Buybacks strengthen Economou's hold on DryShips
Modern boxships fetch premium as charter rates continue to slide Rising fuel prices tilt market in favour of younger vessels
New technology may impress but to succeed it must offer real value Exciting new ship technologies may appear to offer near boundless promise, but the reality remains that hardware and software need to deliver results for shipowners and operators
Japanese owner trio scoops bulk of Evergreen newbuilds Bangkokmax feeders will be built by three yards in Asia, with Imabari winning lion's share of construction
Transpacific lines make hay in peak season as tariffs loom Rising freight rates lead to 'extra loaders' deployed as boxship operators cash in
First Arc7 unit for Yamal's second train delivers early
LNG carrier charter rates start to firm ahead of winter Shipowners are holding out on fixing their tonnage for time-charter business in the hope that richer pickings are still to come
Developers target JSK's new barge-based FSRU
Brazilian offshore resurrection in the making Renewal is in the air, after the global downturn, the Car Wash scandal and a falling domestic economy all combined to bring down the biggest market for vessels
Owners gnaw at thick Petrobras armour with legal wins on 'blocking' Foreign shipowners find their legal teeth in Brazil against one of the world's most powerful offshore vessel charterers
Methanol offers simple path to lower emissions - trade group The Stena Germanica pioneers use of niche fuel, along with Waterfront's vessels
Uljanik proves size does not always matter
Shipping is innovative but testing takes time - CMT
NGO Shipbreaking unconcerned by EC's Shree Ram inspection
Skuld and Eide probed over 'illegal' demo deal Oslo-based insurer and former owner face Norwegian investigation over the scrapping of a heavylift vessel in Pakistan
Material advantage: seeking alternatives to reliance on steel RAMSSES project turns spotlight on using composites to increase competitiveness of European-built ships
Growing portfolio of solutions to tackle emissions but no 'natural winner' so far Lloyd's Register's marine boss says a 'natural replacement' for residual fuels will shape the vessels of the future
Autonomy creates big challenges for maritime conventions The IMO must rewrite its rules if owners are to adopt a new generation of vessels
Magic bullet is needed to meet IMO's CO2 target MSI boss says 'easy wins' have already been taken off the table
Fehn provides shortsea testbed for rotors Wind-assisted sail system working as planned and promising substantial fuel savings
Japanese yards and operators join forces in i-shipping project Digitalisation campaign is encouraging collaboration to create the shipping and shipbuilding industry of the future
Japan's Otsubo: Fully manned vessels not cost-effective
Winds of change bring prospects of big fuel savings Decades-old technology sees Flettner ships take off and Norsepower says it could one day be a 'no-brainer' on certain vessel types
Combining technologies will help shipping power forward - Wartsila Company's innovation specialist says LNG as a fuel will play a key role but he calls for a holistic approach to the develop of all ship design technologies
VHE project shows value of waste heat Engine range planned to tap into exhaust gas or cooling circuit heat streams to boost efficiency
Transformation in shipping sparked by IMO's vision of fossil-free future Technology revolution is underway as the industry faces the challenge of replacing fuel oil with renewable energy, writes Geoff Garfield in London
Zero-carbon fuels only path to meet IMO ambitions - ICS' Bennett Shipowners body says technology will deliver but challenge is scaling up for deepsea tonnage
Full autonomy not suitable for all vessel types But some of the technology can still be applied, including intelligent awareness
Battery technology packs more of a punch Seacor claims hybrid power solution will cut emissions and 'facilitate our compliance with environmental regulations'
Nanjing Tanker looks to China yards for MR product tanker sextet State-owned shipowner weighs up Tier-III compliant newbuilds to renew fleet
Martins scoops Fonasba's ship agent award
China Navigation flips modern bulker in asset-play transaction
Shelton Navigation makes first expansion in three years
Manta resumes fleet expansion by buying bulker from Dabinovic
Greeks renew dry bulk fleets with rare handy buys Order Shipping and British Bulkers make purchases as compatriots remain cautious over the sector
Ackermann's eyes still fixed on building 'LPG powerhouse' BW LPG chief voices continued appetite for merger with Dorian LPG.
Sovcomflot excludes secondhand buys from tanker fleet renewal Chief financial officer says buying trading ships is like purchasing a used car.
NYK and Mitsubishi form terminals JV Japanese companies consolidating domestic operating companies.
Boxships to boost MPC Capital in second half German group hopeful of shipping upturn after weaker first half.
Topaz slashes loss as revenue rises OSV player says growth was supported by increasing exploration and production in second quarter.
GulfMark will talk to Harvey Gulf over merger But US OSV player still says Tidewater offer is in shareholders' best interest.
BW LPG claims world first in LPG fuelling of VLGCs Martin Ackermann says retrofitting move places company as a global pioneer.
Brunvoll to power cable-layer at Ulstein Verft Norwegian supplier wins deal for new Nexans ship.
ICG hit by ferry woes in first half Technical problems and a late delivery hurt Irish owner.
Grindrod Shipping adds five ultramax resales Nasdaq bulker and tanker newcomer starts with a loss but expands fleet with newbuildings.
Lomar boxship briefly held over collision
Nord/LB starts talks with new investors as losses fall German shipping lender working on new capitalisation plan that could see outsiders brought in.
Odfjell jumps on bond bandwagon Tanker owner becomes latest company to hit the road to raise money in Oslo.
Awilco LNG reduces red ink as rates jump Norwegian LNGC owner sees revenue rise in second quarter as rates soar 50%.
MOL brings in AI professor as consultant Japanese group will work with machine learning pioneer Tomoharu Nagao on digitalisation.
Seno Kisen orders kamsarmax Japanese owner adds new bulker contract at Namura Shipbuilding.
Icon Offshore ties up two OSVs for up to four years Malaysian offshore vessel operator also reports narrowing of second quarter net loss.
ASL trims red ink, but still ends year with big loss Singapore-listed company battles weak offshore markets, but infrastructure work offers hope.
Alang recycler Priya Blue 'hopeful' of EU approval Indian cash buyer and shipbreaker has made a "huge financial investment" to meet European Commission's recycling standards.
Indian scrapping hurt by falling rupee, cheap steel imports Ship recycling business has dipped by a third, forcing yard closures.
Executive Moves: SEKO, Foreship Mike Powell has returned to SEKO Logistics, this time as chief technology officer. And F oreship has promoted Viktor Gingsjo to the newly created position of head of project management services.
Trump expands Section 232 exclusion process President Donald Trump on Wednesday signed a proclamation allowing the Commerce Department to provide targeted relief from Section 232 import quotas on steel and aluminum, Commerce noted in a press release Wednesday night.
Private equity bets on Brazilian trucking Brazilian trucking technology startup CargoX recently closed a new funding round worth $60 million, according to a report from online news outlet Axios.
Kerry Logistics ramps up profit Kerry Logistics Network Ltd. saw double digit profit and revenue growth for the first six months of 2018 from the corresponding prior-year period, fueled by strong Asia trade and increasing volume in the region.
COSCO: Slim profit for first half COSCO Shipping Holdings said Thursday that it had eked out a profit attributable to equity holders of the company of 40.8 million Chinese yuan renminbi (RMB) or approximately $6 million in the first six months of this year compared with a profit of 1.86 billion RMB in the same period last year.
More carriers embracing scrubbers, LNG More shipping companies are ordering scrubbers or equipping their ships so that they can use liquefied natural gas as fuel in order to meet the requirements by the International Maritime Organization to reduce sulfur in ship engine emissions.
EAR adjusted after missile control meetings The Bureau of Industry and Security on Thursday amended the Export Administration Regulations in line with changes to the multilateral Missile Technology Control Regime Annex agreed to by MTCR member countries at the October 2017 Plenary in Dublin, Ireland, and the May 2017 Technical Experts Meeting in Stockholm, Sweden, BIS said in a final rule.
'Volatile' trade talks drag on air freight Growth in global air freight volumes slowed for the third straight month in July as international trade tensions continued to dampen demand.
ITC: Canadian newsprint imports not harmful The U.S. International Trade Commission's five commissioners voted unanimously Wednesday that the U.S. newsprint manufacturing industry is not harmed by imports from Canada, ending the imposition of antidumping and
FUTURES 5: Crude complex settles higher on strong US gasoline demand Crude futures settled higher Thursday in response to data showing strong US gasoline demand ahead of the upcoming Labor Day holiday weekend
Rotor sails installed on Maersk LR2 product tanker to test fuel savings Rotor sails, which are used to provide additional propulsion to vessels, have been installed on the Maersk Pelican, an LR2 product tanker
BW LPG to retrofit dual-fuel LPG/fuel oil engines to four VLGCs The company will be able to reduce its sulfur oxide emissions by up to 97% with LPG propulsion.
Norway's Hoglund starts new LNG, power units for IMO 2020 change Hoglund Gas Solutions and Hoglund Power Solutions have been formed ahead of IMO 2020.
External: Marine Bunkering(Rotterdam)B.V.
Iran threatens to withdraw from nuclear deal Analysts expect the US sanctions will eventually shut in 1 million b/d or more of Iranian exports, with customers already cutting back purchases.
FUTURES: Oil holds up on support from US stock draw, Iran sanctions Europe is a key outlet for Iran's oil, taking around 700,000 b/d, roughly a third of Iran's total crude exports.
Sinochem to import gasoil for domestic sale in rare move: source China usually faces an oversupply in the domestic market.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
