Deep concern for 25 seafarers aboard missing bulker loaded with nickel ore The International Association of Dry Cargo Shipowners (INTERCARGO) says its thoughts and prayers are with the families and loved ones of the 25 seafarers aboard the Indonesian-flagged 52,400 dwt bulk carrier Nur
Knud E. Hansen unveils advanced RoPax design Danish naval architectural consultancy Knud E. Hansen has released its newest design, a 154-meter RoPax ferry that can transport up to 1,500 passengers and 440 cars. The vessel also offers an additional
Why the Adrian Darya 1 saga is an issue for the whole industry The saga of the Adrian Darya 1, now expected to deliver its cargo of 2m barrels of Iranian crude to...
Shippers prepare for sharp fuel price rises Shippers warned to pay more attention to baf charges
Oldendorff to fit electric propulsion on two newbuild bulkers The German bulkers owner will install the ABB Azipod system on two 21,500 dwt vessels to be built at Chengxi...
Miami on highest alert but Grand Bahama Freeport survives Hurricane Dorian Best known as a jumping off point for the cruise sector, Miami is served by all of the big three...
From the Newsdesk: Transparency, tanker tracking and a turbo-charged Brexit As London International Shipping Week approaches, we recommend that the focus is firmly international (rather than Brexit) and transparency is...
Cosco Shipping secures 80% of LSFO for boxship fleet Chinese carrier may also expand the installment of scrubbers to meet the IMO 2020 rules
Hyundai Heavy wins $188m LNG carrier order Japanese line MOL is believed to have placed an LNGC order with DSME, which is now part of the same...
Tanker market faces uncertain future in a no-deal Brexit The advent of a WTO Brexit might lead to some disruption in the fuels market because trade patterns in the...
Gas and tanker conversions bring in $288m to SembMarine's orderbook SembMarine made inroads into the competitive offshore windfarm sector with its maiden contract for Jan De Nul for Taiwan's Formosa...
Daily Briefing Free to read: China Merchants Port woos carriers facing low growth | Cosco Shipping reshuffles container management | EU may...
MOL in logistics tie-up with Turkish steelmaker There are also plans to build a port in southeastern Turkey together with Tosyali
PSA International completes deal for Penn Terminals Penn Terminals, located on the Delaware River, is one of the best equipped, privately-owned multipurpose marine terminals on the US...
Cosco Shipping turns around liner business CSH noted pressure on the supply of shipping capacity has eased with newly delivered shipping capacity decreasing and scrapped capacity increasing
US issues sanctions in crackdown on North Korea oil imports The US also alleged that North Korea has received deliveries of refined petroleum directly from ships flagged under other, un-named, countries...
HFW hires dry shipping specialist from Clyde & Co His practice spans a wide range of contentious and non-contentious matters in the shipping, offshore and oil and gas sectors...
US south east ports at risk as category 5 storm slams into Bahamas A Florida landfall remains possible, despite the official forecast suggesting storm will not now make a direct hit
Essar Ports to target third-party cargoes as Delhi drives growth One of India's largest private operators opens up on how it intends to meet overall growth of more than 20%
Cosco firms up VLCC pool amid strong tanker and box results China's first VLCC pool composed of more than 50 units expected to be established in Hong Kong by year-end
Marine insurers should get back to basics to survive, says Sean Dalton Munich RE North America marine underwriting head says good management and local knowledge pay dividends for underwriters
V.Ships to manage Rokke's $350m research ship Group working with REV Ocean on the world's biggest such vessel.
American Hellenic Hull 'on target for profit breakthrough' Emerging Cypriot-based hull and machinery venture says it is on schedule to show profit in 2019 after two years of red ink
Whole fleet in use as Olympic returns to profit Stig Remoy-owned OSV owner expects 20% growth in charter hire this year.
Capesize spot rates back at nine-year highs Rates on major capesize benchmark routes have increased by 27% over the past three weeks.
Reederei Nord partners private equity on feeder boxship resales Diversification strategy looks to newbuild market for discount on modern technology in anticipation of IMO 2020 boost
Uncertainty over loss of life in Indonesia ro-ro fire Latest reports suggest rescued passengers by far exceed numbers in manifest
Mexico seizes fentanyl on Maersk boxship Coastguard finds 931 bags on unnamed vessel in Puerto de Lazaro Cardenas.
Passengers saved as ro-pax capsizes in Philippines At least 149 people were rescued from a ro-pax that capsized on Saturday in the Philippines. CNN reported that the Mika Mari VIII turned over on arrival at Consuelo, a port in Camotes Islands, Cebu province. Four passengers sustained minor injuries, according to Michael John Encina, spokesperson for the Philippine Coast Guard. Some of the passengers and crew were thrown into the sea. A cargo
ICS unveils latest crop of talent A new group of shipping professionals has taken a stride up the career ladder with success in this year's Institute of Chartered Shipbrokers' examinations
Dof anchor-handler wins extension with Petrobras An anchor-handler owned by NorSkan Offshore, Dof's Brazilian unit, has won a one-year contract extension with Petrobras. Dof trims loss but long-term financing questions remain The 16,820-hp Skandi Fluminense (built 2007) will continue its employment with the Brazilian state energy company until September 2020. The initial contract began in July 2018. The vessel has one work-class remotely
Shipping's myriad challenges to fuel London debate, Paddy Rodgers says Former Euronav CEO looks ahead to moderating London International Shipping Week conference, and considers the pressing challenges that face the industry
DFDS sells ferry to La Meridionale DFDS has sold one of its ro-pax ferries to French company La Meridionale. Brexit fears take a bite out of DFDS forecasts and share price The Copenhagen-based owner expects the sale of the Liverpool Seaways (built 1997) to raise proceeds of DKK 200m ($29.4m). Completion of the deal and delivery of the vessel are expected in April 2020, DFDS said in a statement on Monday. DFDS expects to book a
Noble sells another bulker as owning exit nears Singapore group confirms disposal of post-panamax for nearly $15m.
Fei Kwok takes on Chinese role for Clyde & Co Lawyer becomes head of banking and finance as firm spies new opportunities.
Hyundai Heavy reveals $189m LNG carrier order South Korean shipbuilder adds another contract for delivery in 2022.
Subsea 7 clinches Brazilian contract worth up to $150m Norwegian company's pipe-layers to connect FPSO in Lapa North East field.
MOL eyes steel shipping deal in Turkey Japanese group teaming up with producer Tosalyi on transport.
PSA buys second North American terminal in under a month Singapore company makes first foray into the US ports sector with latest acquisition
Egypt wants five new bunker tankers Petroleum minister to boost refuelling fleet this year and in 2020.
UK tanker sector in the dark as "do or die" Brexit nears A deal or no deal could make all the difference for the UK's refineries and regional tanker sector, says Gibson
FPSOs, FSRUs and offshore wind boost Sembcorp Marine coffers Yard group says it has been "pursuing the available pockets of opportunities" in weak market
Grindrod top brass frustrated at weak share price But owner hopes move to simplify structure will make it easier for investors to understand company
HFW recruits Chris Metcalf as shipping practice growth marches on Legal veteran joins from Clyde & Co and is sixth new partner in Singapore in less two years
Dorian may not reach U.S. coast, but will pack punch State officials begin reversing highway lanes ahead of hurricane's near-hit of Florida, Georgia and South Carolina. While the National Hurricane Center says the storm isn't...
Slideshow: The freight before the storm In anticipation of Hurricane Dorian, hundreds of trucks delivered trailers laden with supplies for FEMA to Maxwell Air Force Base in Montgomery, Alabama. FreightWaves photographer...
The fallout from container port automation A study sponsored by Canadian dockworkers has tried to quantify the impact of container terminal automation.
South Florida begins feeling effects of approaching Dorian U.S. National Hurricane Center extends hurricane watch as Fort Lauderdale-Hollywood International Airport closes in response to tropical storm-level winds.
CBP at Brunswick and Savannah closes in storm's wake Customs and Border Protection announced that it will suspend operations at the two Georgia seaports for Sept. 3-4 with the approach of Hurricane Dorian.
Maritime History Notes: The father of integrated shipping If Sea-Land founder Malcom McLean is recognized as the "father of container shipping," then surely Charles Morgan should be deemed the "father of integrated shipping"...
Maple Leaf Motoring: Dorian deals near-miss in Canada-Florida freight lanes Star Van Systems, with 55 dedicated Canada-Florida runs per week, had prepared for the worst, but now may get an uptick on southbound freight as...
Florida ports to close as Hurricane Dorian approaches Port Everglades has received approval to allow petroleum trucks to continue making deliveries to retail gas stations until early Monday morning or until winds reach...
Retailers, logistics providers prepare for Hurricane Dorian in light of unpredictable path C.H. Robinson has executed thousands of shipments into Florida since Thursday.
The FreightTech venture cycle is here to stay. Ignore at your own peril. FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else? Last year, FreightWaves...
South Korean September HSFO supply to rise on higher imports "There will be roughly more than 100,000 mt of additional volume in the spot market," a source at a South Korean refiner said.
REFINERY NEWS: Malaysia's RAPID sells first naphtha cargo, to load Sep 2-4 The naphtha cargo is slated to load around September 2-4, Asian naphtha trade sources said.
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