Indian Register secures recognised organisation status from Jordan and Bahrain The Indian Register of Shipping is expanding its regional reach in the Middle East in an effort to cultivate business
Daily Briefing Qingdao Port firms up $300m IPO in Shanghai | Maersk set to expand logistics activities, says Skou | FMC closed...
Nanjing Tanker to be relisted under special treatment NJTC is the first delisted company in mainland China approved to return to the mainboard since Beijing resurrected the country's...
Cosco Shipping Energy Transportation grants share options Among the receivers are general manager Liu Hanbo, party committee secretary Lu Junshan and general accountant Xiang Yongmin
OMV builds bulk with Shell NZ asset buy Deal sealed nine months after it was announced marks expansion of OMV's holdings in producing and developing oil and gas...
Qingdao Port firms up $300m IPO in Shanghai The issuance is scheduled to start on January 9, 2019, while the book building will be conducted from January 3-4
First Ichthys condensate shipped from Darwin terminal According to Lloyd's List Intelligence, the shipment will be discharged in Japan's Kawasaki port
PetroChina seals 1.6 bn yuan oil product sales deal China is boosting domestic production to try to reduce reliance on energy imports, which have risen to record highs this...
Canadians rail over oil price differentials caused by overproduction and lack of pipeline capacity Canadians have been supplementing their oil pipeline systems with increased transport by railroad
FMC closed amid US government shutdown All FMC employees have been furloughed, except for acting chairman Michael Khouri and commissioner Rebecca Dye
Golden Ocean buyback nears 500,000 shares Golden Ocean wasted no time in buying back shares after announcing its $54m repurchasing plan last week. After four rounds of buybacks, all on the Oslo Stock Exchange, the Norwegian bulker owner now owns 445,000 of its own shares. Golden Ocean buys back $2m of convertible bond The first buy came last Thursday, after the plan was announced. Then, the Birgitte Vartdal-led company bought 170,000 s
Diana Shipping fixes capesize at better rate New York-listed bulker player pens another deal with SwissMarine Services.
Nordic American Offshore adopts shareholder rights agreement Nordic American Offshore has readied a poison pill, just weeks after the Scorpio Group took a leading position at the company. Under a shareholder rights agreement approved by the board existing investors will get the right to acquire additional stock should an unauthorized outsider acquire 15% or more of the Emanuele Lauro-led company. Nordic American Offshore inks year-long charter Bugbee se
Selective growth in store for super-sized Hafnia after BW Tankers deal Third largest fleet and pool position mean merged company will have sufficient scale.
Navig8 shrugs off talk of fresh tanker order at New Times Nicolas Busch and Gary Brocklesby-backed company dismisses rumours of four extra newbuildings in China.
Davison departs as chief executive of Pillarstone John Davison is departing as chief executive of turnaround specialist Pillarstone. RBD Armatori fleet up for sale again for $190m Pillarstone starts process of rebuilding Premuda fleet Former Royal Bank of Scotland executive Davison co-founded Pillarstone in 2015 with KKR and is now leaving to pursue other opportunities, a statement said. Following Davison's exit, Gaudenzio Bonaldo Gregori wil
Fredly buys extra Hunter stock amid share price dip Arne Fredly has topped up his stake in VLCC owner Hunter Group during what has been a volatile Christmas period for global equities. Frontline and Hunter head crude pack as peer group trumps S&P 500 Fredly has been a regular purchaser of Hunter stock of late and his latest buy was a modest bundle of shares worth a shade over $15,000. He now owns 103 million shares in the Oslo-listed tanker com
Tsirigakis goes digital as Stellar Acquisition III closes Phunware deal Stellar Acquisition III, the blank cheque vehicle headed by shipping deal-maker Akis Tsirigakis, has completed a merger with digital company Phunware. Tsirigakis-led fund targets wide swathe of equity investors Syllantavos and Tsirigakis raise $66.8m Tsirigakis in at Ocean Rig Nasdaq-listed Stellar inked a preliminary transaction with the cloud software and blockchain company in February and t
NYK to fund methanol-fueled MR with green loan Japanese owner expands use of finance designed to have positive environmental benefits.
Daewoo resolves Sonangol drillship standoff South Korean shipbuilder expects to deliver two offshore units by March 2019 for $799m.
Commentary: Uncertainty, tariffs likely to continue Looking back on 2018, shippers and transportation providers should expect some of the same key themes to dominate headlines in the coming year.
Shippers want clear guidance on Brexit Trade associations warn of big disturbances in the event of a "cliff-edge" withdrawal.
GAO finds FTZ Board properly executes procedures The Government Accountability Office, a congressional body that acts as a watchdog of executive branch performance, did call for more documentation of decision-making.
Richmond barge service marks decade of success
Containerships takes delivery of LNG-powered vessel
Port of Antwerp celebrates record year
South Korean trade panel OKs MacGregor acquisition
WTI rises after EIA report shows US crude stocks little changed
US crude inventories static as rising production balances export surge
US DATA: EIA says US fuel oil stocks hit all-time low
ARA fuel oil stocks fall 25% to to 1.078 million mt: PJK International
FUTURES 1: Crude jumps 2% on bargain hunting, bearish outlook weighs Oil markets remained joined at the hip to global risk sentiment.
Japanese refiners look to resume Iran oil loadings We have not given up the possibility of the resumption [of Iranian oil] at the end of January
OUTLOOK 2019: Next US Congress to keep pressure on Russian energy sector There's always been a sense, especially on Russia, that the Senate puts out a pretty bipartisan product
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