|MAY 3, 2017|
- From Curici to the Black Sea at 160 km/h
- Latam Cargo first CEIV pharma certified airline in the...
- New partner, new services
- Former Maersk man in charge of decarbonisation
- Takeover to access growing Latin American markets
- OOCL: volumes strong in Q1
- US railway now shipping in Texas
- Found: seafreight order manager Forwarding & Logistics
- Ethiopian starts Jo'burg - Lome route/offers discounts
- New shuttles for up to eight departures per hour
- Noerpel/JAS cooperation takes off
- Eva Molnar honoured as "Fiata fellow"
- Mixed financial year for Japan's big three
- Precision converts fourth Boeing for China Postal
- UPS names emerging markets president and country manager
|MAY 2, 2017|
- Liner companies remain the greatest danger to container market
- Seadrill sells three rigs at USD190 million loss
- India's H-Energy hires FSRU from Engie for LNG import terminal
- Seoul forms committee to re-investigate Sewol sinking
- Samsung HI wins USD335 million order for four VLCCs
- Seoul issues stop-work order on Samsung HI after fatal accident
- China dry bulk demand looks set to continue, believes Precious Shipping
- Korea Shipping Corporation buys bulker newbuilding contracts
- Marco Polo suspends trading as lenders resist restructuring plan
- Courage Marine could cancel vessel sale to retain HKSE-listing
- H-Line Shipping scraps Capesize in fleet renewal
|MAY 2, 2017|
- Yields up for carriers as air freight blossoms in March
- Maersk Line targets 3% growth as next-generation Triple-Es start to arrive
- UTi buy driving DSV road and sea-air performance ahead of the market
- Analysis: Asia's box manufacturers need to keep a lid on rising costs
- NEW PODCAST: Freight rates - is the price you pay right?
- GAC appoints sales directors for the eastern and western hemispheres
- Yang Ming shares will trade again on Thursday
- ILWU offered contract extension at Los Angeles and Long Beach
- Alitalia to file for administration as turnaround plan fails
- How to get 3,000lbs of beef jerky from Reno to Seattle
|MAY 2, 2017|
- Brownsville ship recycling yard has new owners and new name
- VIDEO: Somali piracy uptick a result of lowered vigilance
- Law firms plan class action suits against DryShips
- The Shearer Group, Inc. adds to its team
- New Harvey MPSV: Jones Act debate ender
- New Water Bus wows Damen guests
- How to make risk assessments more dynamic
- Vane Brothers adds two newbuilds to fleet
- Rokke starts giving his money away, orders research ship
- 20,568 TEU Maersk Madrid makes maiden port call
- AlphaBridge on Wagenborg newbuild has 46 inch consoles
|MAY 2, 2017|
- Global Ports Holding sets pricing for $200m London IPO
Turkey-based port operator will use earnings to fund acquisitions of potentially 20 new assets globally
- Cosco takes a lead in supramax scrapping
Chinese state giant ploughs ahead with bulker demolition ahead of expiration of Beijing's subsidy scheme
- DryShips eyes rebuilding revenue as first new bulker arrives
First newcastlemax goes on one-year charter to Cargill
- Handysize bulkers begin sharp descent as charterers hold back
Earnings fall from 2017 high as Atlantic and Pacific trades weaken
- Liverpool mulls free trade zone
Liverpool is looking for a pilot area for a post-Brexit free trade zone as port looks to grow America's trade share
- Is this the tipping point for LNG fuel?
Shipowners back gas as green solution with cold hard cash
- VLCC rates to remain choppy, asset prices lower for longer, Euronav chief says
Paddy Rodgers talks shipping cycles, oil markets and tanker demand from US crude exports
- DSME faces lawsuit from Korea Post
National postal service looking to claim back 15% of DSME's corporate bond value
- Nigeria LNG hits export milestone, but where are new trains?
Africa's major LNG exporter has yet to push through long-awaited expansion plans
- Delays and cancellations cripple CSSC Holdings bottom line
Company suffers recurring net losses of $420m
- Korea Line inks deals for two gas carriers and four dry bulk vessels
Bulkers will be used for a long-term coal shipping contract it had sealed earlier
- Marco Polo Marine suspends shares after hitting restructuring roadblock
Debt negotiations hit wall, with some creditors demanding immediate debt payment
- Data Hub: Trade Statistics
European trade on the up
- Salvors must adapt to the age of social media and giant ships
Bigger vessels have led owners' requirements to exceed the capability of salvage companies, says industry veteran Peter Townsend
- Falling crane at SHI yard leaves six dead
Updated: 25 workers sustained injuries and were rushed to hospital
- Fredriksen's Seadrill unloads three rigs to Shelf Drilling
Move comes as the company prepares to start comprehensive restructuring measures
- Vard wins order for research expedition vessel
Ship to enter service by 2020
|MAY 2, 2017|
- US maritime regulators reject merger of Japanese carriers
- Bayonne Bridge raising to finish months ahead of schedule
- Trans-Pac contracts bring carriers closer to break-even level
- More ocean freight at lower rates bites Expeditors' earnings
- Celadon replaces president, predicts quarterly loss
- DSV earnings jump on UTi buy
- Roadrunner gets $540 million infusion, new leadership
- Rickmers Group loss soars ahead of vital restructuring vote
- Container lines tap Indian heavy cargo for growth
- First of 11 record-breaking Maersk ships enters Asia-Europe
|MAY 2, 2017|
- With MPSV delivery, Harvey drops the mic in Jones Act debate
Offshore vessel owner says its newly-delivered, US-built offshore construction vessel can do the work of its foreign competitors in protected US waters.
- Cosco boxship is largest through Panama Canal
Containership squeezes through new locks as part of Asia to US East Coast service.
- GSL optimistic for small and midsize boxships
CMA CGM-backed containership owners says subsectors have improved fundamentals for 2017.
- Fesco earnings delayed amid debt talks
Moscow-based boxship owner says results will depend on outcome of restructuring.
- Global Ship Lease posts gain in profit
New York-listed containership owner reports in-line result as it cuts costs.
- Celsius taps ABN AMRO for ballast installation cash
Jeppe Jensen-led owner seeks to install ballast gear as USCG extensions run down.
- Golar gains ground after FLNG 'milestone'
Shares moving upwards after umbrella deal moves FLNG project a step closer to final investment decision.
- Global Ports prices $200m UK IPO
Turkish group set for market cap of up to $696m through London sale.
- Cosco Shipping back in the black
Boxship arm of unified group turns around big loss in first quarter.
- UK Chamber: 'seablindness' is myth
Poll shows public recognise shipping as biggest mover of cargo.
- Dan Sten Olsson reveals $2bn war chest
Stena AB CEO says money could be used for acquisitions after tanker and ferry group posts reduced profit for 2016.
- Zvezda Shipyard receives cash injection
New state Russian plant could bank $143m to pay loan interest.
- DNB Markets lowers Norden forecasts
Analysts now believe the Danish shipowner will post a loss for the next two years.
- Israel Shipyards stake up for grabs
Sko-Car and Gold Bond in talks to acquire 19% stake in shiprepairer.
- Singapore Shipping hires new finance chief
Group financial controller promoted to CFO's chair at SGX-quoted shipowner.
- Solvtrans orders biggest ever fish carrier
Oaktree-owned company heading to Havyard for $58m newbuilding.
- OSM capitalises on offshore upturn
Shipmanager says it has added more than 200 crew and eight ships this year.
- Samsung ordered to halt Geoje operations
Government steps in after six workers killed in crane collapse.
- Samsung Heavy Industries returns to VLCC market
New $335m contract will be the yard's first involvement in the sector for over half a decade.
- Golar confirms Fortuna project milestone
Tor Olav Troim-backed company says umbrella agreement sets FID on course for mid-2017.
|MAY 2, 2017|
- DSV's revenues, profits surge in Q1
Danish global transport and logistics provider DSV reported a gross profit of DKK 4.2 billion (U.S. $617 million) for the first quarter of ...
- Gov. Christie unveils date of when 18,000-TEU ships can sail under Bayonne Bridge
Ultra-large containerships carrying up to 18,000 TEUs will be authorized to pass beneath the Bayonne Bridge between New Jersey and Staten I...
- Maersk to take delivery of 27 ships within next two years
Maersk Line is taking delivery of 27 ships over the next two years, which will have a combined capacity amounting to 11 percent of its curr...
- Daseke to merge with fellow open-deck truck operators
Addison, Texas-based Daseke, Inc. will merge with fellow open-deck trucking operators The Schilli Cos. and Big Freight Systems Inc., the co...
- FourKites partners with BluJay Solutions
Logistics software providers FourKites and BluJay Solutions entered into a formal partnership, bringing together BluJay's transportation ma...
- Hub Group earnings tumble 42% in Q1 2017
Hub Group, Inc. saw net income tumble 42.5 percent year-over-year to $10.3 million in the first quarter of 2017, according to the company's...
- Bulk carriers launch G2 Ocean JV
Ocean carriers Gearbulk and Grieg Star have completed and launched a new joint venture called G2 Ocean, Grieg Star Chief Executive Officer ...
- U.S. Class I railway employment growth continues in March
Class I freight railroads in the United States employed 149,323 workers as of the middle of March 2017, a 2.86 percent decline from 153,723...
|MAY 2, 2017|
- Protests at Argentina's YPF continue, hitting upstream output, refining runs
- BP expects oil prices to remain $50-$55/b in 2017: CFO
- Oil futures keep sliding as ICE Brent approaches $50/b
- Norwegian Maritime Authority gearing up for 2020 with range of cleaner fuels
- FEATURE: Bunker industry uncertain over response to sulfur cap
Inertia among shipowners looking at how to respond to the IMO's decision remains a concern.
- External: Wired Bunkering
- External: Marine Bunkering(Rotterdam)B.V.
- FUTURES: Oil lower on lack of fresh drivers
- TANKERS: Euronav's grounded VLCC slated to be refloated after 3 weeks on May 4
"According to the current tentative schedule, the lightening operation will start on May 1, expecting the ship to be relfloated from May 4," Euronav said.
- Extension of OPEC/non-OPEC production cut deal near certain - analysts
"The cuts will have to be extended even beyond this year, to the middle or even the end of next year", Fereidun Fesharaki, chairman of consultants FGE said.