Killini plug for cold-ironing in eastern Mediterranean ports Greek ferry service is first in the region to use shoreside electricity in project 70% funded by EU
Nils Aden joins V.Ships Germany Nils Aden joins the Hamburg-based unit of the 1,000-vessel shipmanagement giant
EU lawmakers back controversial position on port-reporting rules The divisive point in the position was supported by shipowners' lobby but opposed by formidable forces in the EU's ports...
Coast Guard feels the effect of US government shutdown US federal agencies have seen appropriations lapse since the start of the government shutdown on December 22
Maersk boasts fuel transparency device to boost its bunkering credentials The group's oil trading unit is investing in high-flow rate mass flow meters for the bunkering of high sulphur fuel...
Almi interests sign sale-and-leaseback deal with CCBL The $132.8m deal covers two vessels from the crude tanker fleet managed by Greece's Almi Tankers on behalf of Globe...
Hapag-Lloyd names McKinsey partner as chief operating officer Maximilian Rothkopf will take over from Anthony Firmin in the beginning of June
MSC and Maersk boost ties with Zim The carriers are entering into a vessel-sharing agreement for the Asia-US west coast and Asia-Mediterranean service
Yantai strikes $1.8bn deals with PetroChina on LNG and crude terminals The port, located in Shandong province, is devised to become an energy hub in northern China
Chinese lessors' shipping investment up 5% As of end-2018, the combined shipping assets held by leasing companies in China stood at $51.3bn, a 9% growth compared...
Viewpoint: Just in case Whether Britain ends up with no-deal or Theresa May's version of Brexit, it is perfectly obvious that the country's ports...
Daily Briefing Hong Kong terminal operators agree to collaborate | Idan Ofer finalises BW chemical tanker fleet acquisition | US box imports...
Search continues for crew from fire-stricken tanker off Hong Kong Causes of the accident are still being investigated, although the vessel needs to cool down before investigators can board to...
Shipowners call for naval support as hijack risk returns to Gulf of Guinea Piracy in the Gulf of Guinea is "an unacceptable burden to seafarers and shipping companies" says shipping association as efforts...
Scorpio Tankers, Scorpio Bulkers take back $48m in stock The Scorpio group's two New York-listed owners each repurchase big shares blocks as run of public companies on their own paper continues.
Fire aboard Yantian Express contained: Hapag-Lloyd
Wells Fargo lowers view on tanker stocks Wells Fargo Securities downgrades several tanker owners off of crude volatility, macro factors.
Chemical tanker market M&A steps up with two large transactions Private equity owner of Nordic Tankers cashes out just hours before two major industry names close fleet deal in same sector
Eships and ICBC Leasing step up for Shell's Project Solar ships Chinese and Middle Eastern outfits named as backing major's tanker newbuilding requirements
SinOceanic sells down boxship fleet as HNA cashes out Oslo shipowner plans to sell up to 10 boxships with charters attached to help its largest shareholder reduce debt
Bodouroglou's Allseas parts with supramax pair Greek player sheds sisterships while diversifying fleet
Alpha Gas tipped to snatch Gazprom LNG charter deals Greek owner poised to lock away two of its newbuildings to trader after extending its portfolio at shipyard
International Seaways preps at-the-market offer
Oman Shipping Company CEO steps down Tarik Al Junaidi's successor has yet to be announced.
Ro-pax master 'on phone' during calamitous clash Probe says Cotunav captain was alone on the bridge and away from radar.
LNG charter rates start 2019 on a downward slide But market players are upbeat on prospects for first quarter and year ahead
Vitol re-lets StealthGas LPG carriers
Pippard charts new course for Heidmar in face of competition After 12 months at the helm, the pool player's first London-based chief executive is ringing the changes
Heidmar's London office takes increasing role, but Pippard says he is a global boss
Cosco sells four 10,000-teu boxships in Japanese leaseback deal Four 2014-built vessels will be sold to Tokyo-listed Financial Products Group, with bareboat leasebacks that could last more than eight years.
Consultant Rothkopf replacing Firmin at Hapag-Lloyd Management consultant Maximilian Rothkopf has been appointed COO of German container line Hapag-Lloyd. The 38-year-old will join the executive board on 1 May, before taking on the COO role on 1 July. He is replacing Anthony Firmin, 65, who is retiring. Rothkopf is a partner at McKinsey & Company, where he has been a member of the global travel, transport and logistics leadership team. He will be t
Yard workers die after inhaling toxic gas
Nils Aden joins V. Ships Top executive takes helm at enlarged German desk following takeover of Norddeutsche boxships.
Oman Shipping locks LR2 into period deal
Two-year tanker up-cycle has started Fearnresearch analyst Dag Kilen believes tanker owners are set for better times through until 2021.
Drewry boxship index drops nearly 6%
Lines cash in as fuel surcharges help boost freight rates East-west trades boom, with demand spiking as carriers react to IMO 2020
FSRU Golar Freeze starts new life in Jamaica
Evangelos Pistiolis inks product tanker quartet at Hyundai Mipo Dockyard Latest deal for scrubber-fitted vessels brings Greek owner's tally at Hyundai yards to 20 newbuildings
Trinity in talks to buy Vroon AHTS
Zim deepens ties with Maersk, MSC Israeli line expands strategic cooperation in two more trades.
Two tankers raided off Nigeria
TechnipFMC scoops BP subsea job worth up to $250m
Euronav adds $3m to buyback total
Hyodong renews fleet with product tanker order Korean owner heads to Samkang M&T for 4,000-dwt newbuilding.
Zeaborn to invest in maritime digital start-ups Partnership with venture capital firm leads to formation of TecPier
Seaborne Freight is fall guy for UK government incompetence Hapless cross-Channel freight ferry start-up has been a scapegoat for political failure in the ongoing chaotic approach by Whitehall to Brexit
Total and Pavilion Energy delay decision on LNGBV
White Sea makes push for Japanese-built supramax Greek drive for supramaxes continues into the new year
Zamil Offshore veterans feel the breaker's burn Saudi Arabian offshore player sends a raft of anchor handlers and utility vessels to Alang.
Maersk Oil Trading install "world's largest" Mass Flow Meter Device said to offer double the flow capacity for faster, more accurate deliveries in Singapore.
VIDEO: Car carrier master hails Sincerity Ace rescue effort Captain of Central Gulf Lines vessel says crew worked for 18 hours straight to recover seafarers.
GasLog deal shows LNG spot rates still ahead of charters But ships estimated earnings of $75,000 per day still expected to drive returns in the low teens.
Bahrain FSU due to arrive this month
Magnolia blossoms as Jiangnan's new breed of ethane ship Chinese yard's 150,000-cbm ultra large multigas carrier design is earmarked to transport ethane from Port of Beaumont in Texas to China
DBS arrests third Coastal Oil vessel in Singapore Singapore High Court set to auction bunker tankers to settle bank mortgage debts
Shipowners see silver lining in Philippine court filing by HHIC 'Rehabilitation' is expected to protect yard from creditors and allow deliveries
Grassley: Cancel NAFTA if Dems want to reopen USMCA The new Senate Finance chair said he wants to talk with congressional Democrats about what they have in mind for consideration of the U.S.-Mexico-Canada Agreement.
ZIM and 2M expand cooperation ZIM, Maersk and MSC announce that they will share space on four additional services.
South Korean legal steps implement amended KORUS The South Korean ambassador confirmed his country's parliamentary body has ratified provisions necessary to effectuate amendments to the agreement.
Chamber CEO: U.S. would benefit from both USMCA and TPP membership U.S. Chamber of Commerce CEO Tom Donohue made several remarks about U.S. trade policy during and after his State of American Business address Thursday.
Equities strength pushes crude higher after late session rally Upward trending equity markets pushed crude and refined product futures to higher settles in a late session rally Thursday.
Iraqi crude exports rise 330,000 b/d to 4.14 million b/d: SOMO Iraqi oil exports surged, recovering from rough weather in November.
US House to vote Friday to reopen EPA, Interior, but stalemate persists The US House of Representatives will vote Friday on a spending bill to reopen the Department of the Interior and Environmental Protection Agency.
Fujairah residue stocks up 33% on week to 11-week high on ample supply Stocks of heavy residues in Fujairah have increased to an 11-week high of 8.249 million barrels in the week to January 7, according to the Fujairah Energy Data Committee this week.
S Korea sees tight bunker fuel supply on blending issues at S-Oil The South Korean bunker fuel market has been facing tight supply since Monday.
Istanbul bunkering operations halted on poor weather Bunkering operations at the Turkish port of Istanbul were halted Wednesday evening due to strong winds, sources said Thursday morning.
External: Global Risk Management
TRADER NOTE: Matt Stacey to replace Kenya Matsumoto as Vitol's distillates head Kenya Matsumoto is retiring after working for Vitol for more than 12 years.
Langh Tech to supply open loop scrubbers for 7 Polaris vessels The deal comes when some countries have banned the discharge of wash water from open-loop scrubber systems.
FUTURES: Oil down on bearish US data, stalled by OPEC comments The drawdown in crude inventory was less than expected, ANZ analysts said in a note Thursday.
India to seek another waiver to buy Iran oil, eyes rupee payment mechanism "A branch of the Iranian bank will open in three months' time," said Nitin Gadkari, India's shipping minister also said.
D'Amico signs sale/leaseback of LR1 before delivery for $38.6 million The proceeds will likely go to its fleet renewal program, intended to prepare the company for the expected clean market recovery.
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