MSC Katie to slot into Jade service after Singapore collision Work to discharge containers from damaged MSC Alexandra to start within hours
Forwarders back shippers' call to end surcharges BIFA joins GSF in fight against additional fees
RBS admits shipping defaults in first half as losses top $2.6bn Other 'single-name driven events' in prospect, bank warns
Forwarding remains a tough space, admits DHL Improved margins in second quarter far below industry leaders
Cexim to give Cosco Shipping $4.2bn loan for 59 newbuildings Vessels include 10 valemaxes, nine VLCCs and 17 ultra large containerships
Rickmers Maritime posts wider loss, hit by non-cash impairment Trust pursues refinancing initiatives; expects 'stronger headwinds' as panamax redeliveries seen rising with the Panama Canal expansion
Asia-Europe carriers fail to sustain August GRIs Freight rates begin their inevitable declines in the fallout of latest price push
Trade volumes show volatile year Slight growth in container volumes not enough to lift rates
Seoul prosecutors summon DSME finance chief for questioning Kim Youl-jung called in over allegations of understating operating losses
Baltic Exchange LPG Index sinks to lowest since financial crisis Middle East cargoes compete with US VLGC shipments following Panama Canal expansion
Sainty Marine gets approval to delay restructuring draft plan submission date Chinese shipbuilder to become a finance and power company
Prolonged industry downturn weighs on Yangzijiang Shipbuilding result But group in July clinched orders for four 1,800 teu boxships with options for eight more of the same specifications
Eagle Bulk carries out reverse stock split Move to help company regain compliance with Nasdaq listing rules
Seaspan looking to raise $225m from public preferred share offering Proceeds to be used for general corporate purposes
Investor bets $4.9m on Seanergy Maritime Greek bulker owner raises cash from mystery firm in direct offering run by Maxim Group.
Tanker earnings slump to new 2016 lows Lack of cargoes, too many ships; the summer doldrums get uglier for crude tankers.
Relief in the tank: fuel prices prop TCEs MJLF says rise in oil prices could really bring out the bears for tanker market.
Navigators marine insurance profit sinks Stamford-based insurer's second-quarter marine underwriting profit slumps 6.5% in the US and 17.9% in its international business.
FSL still set on refinancing in 2016 Chief executive explains trust wants to complete effort by the close of this year if possible.
Iberia downgrades 'most exposed' HOS Price target of $4 suggests offshore vessel owner's shares could have much more to fall.
Sluggish markets hurt Cosco Corp results Shipbuilder and bulker owner sees fivefold increase in second quarter net loss.
Rickmers Maritime continues bank talks Singapore-listed trust says discussions ongoing to ensure long-term solvency.
Dry bulk strife pushes up RBS provision State-backed lender carries £445m charge on its shipping book in the first half of 2016.
Photo shows damage to MSC Alexandra Twitter pictures show hull of MSC boxship after collision with VLCC off Singapore.
Effissimo increases holding in K Line Singapore-based investor brings its stake in Japanese owner to more than 37%.
Treasure adds shine to Wilhelmsen sums Oslo-listed shipowner sees gain from spin-off power second quarter profit; outlook weak.
Kyoei Tanker bounces back to profit Japanese tanker owner is back to black in the first quarter thanks to bigger revenue.
OOS International orders SSCVs in China Newbuildings set to be equipped with heavy lift cranes, with a dual lifting capacity of 4,400t.
Vard Holdings takes control at Brazilian shipyard Fincantieri-backed shipbuilder says all domestic newbuilding activities to be concentrated at Vard Promar.
Navig8 in sale and leaseback deal for LR2 trio Nicolas Busch-led shipowner says it is set to bank $118.8m from latest vessels transaction.
KPMG appointed interim judicial managers for Swiber Firm hopes to use oil and gas contacts to turn things around at bankrupt offshore vessel operator.
Seaspan targets $251m in preferred issue New York-listed containership owner prices new shares at $25 with slightly lower payout rate than last fundraiser.
APMT to pay $43.2m to settle Guatemalan corruption case APM Terminals has agreed to pay $43.2 million to settle a bribery case in Guatemala that could potentially have cost the company its operat...
Northwest Seaport Alliance makes headway since last year's integration The Northwest Seaport Alliance between the Port of Seattle and Port of Tacoma, which has put their seaport operations under single manageme...
CHAMP Cargosystems expands in Pakistan London-based information technology provider CHAMP Cargosystems said it has partnered with software development and management company Pent...
CEVA narrows EBIT loss in Q2 2016 CEVA Holdings LLC posted a second quarter loss before interest and taxes (EBIT) of $34 million compared with a $51 million loss the previou...
DSV's profits skyrocket thanks to UTi acquisition in January Danish global transport and logistics provider DSV reported gross profits of 7.8 billion Danish krone (U.S. $1.2 billion) for the first hal...
Seafrigo expands into South Florida Seafrigo is expanding its global logistics services into the South Florida market with the opening of a new warehouse in Miami, the company...
Lufthansa Cargo posts fifth straight quarterly loss Lufthansa Cargo reported a net loss before interest and tax (EBIT) of 27 million euros in second quarter 2016 compared with a 68 million eu...
Commerce adds clarity to monitoring steel trade The U.S. Commerce Department will provide a new series of reports offering details into current steel trade flows from the world's top impo...
Crowley creates virtual LNG pipeline for customer in Puerto Rico Crowley Maritime's liquefied natural gas (LNG) services group will deliver LNG in containers from production facilities in the Southeast to...
Port of Philadelphia receives its largest containership ever The Port of Philadelphia received its largest containership ever with the Wednesday arrival of the 8,800-TEU MSC Sophia Celeste at the Pack...
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