Finnlines posts strongest ever quarter Grimaldi-owned company reports its best quarter performance, while nine month profits jump by 48%
Singapore Exchange acquires Baltic Exchange Two sides finalise £77.6m deal, dividend payment to be issued next week
Profit-sharing dries up for Navios Acquisition Navios tanker arm posts reduced net income but says longer-term charters enabled it to beat softer tanker market
American Shipping Company sees profits erode on softer Jones Act tanker market Some experts question future earning power of Jones Act product tankers
Vgenopoulos dies in Athens as court cases rumble on Lawyer who masterminded takeover of Attica, Olympic and Cyprus Popular Bank dies with reputation still mired in legal cases
Creditors reject Marenave Schiffahrts restructuring plan Two banks reject a plan proposed in June, as the vessel operator faces $226.2m liabilities
CMA CGM to ink leaseback pact with lessor for eight large boxships Total contract price is to exceed $500m
Suezmaxes earnings down nearly 20% on week despite deluge of Atlantic Basin crude Demand remains lacklustre
Asia-Europe volumes on growth trail Latest CTS data reveals 1.5% jump in YTD headhaul traffic, while global volumes currently tracking 2.4% above last year
Between the Lines: Bunker busters As carriers begin to release their third-quarter results, SeaIntel chief executive Alan Murphy forecasts a $600m loss from the rising cost of bunker fuel
Tidewater quadruples loss amid debt struggles Chapter 11 looms as offshore giant continues negotiations with creditors after breaching covenants
VLCC values drop $1m in a week Debate rages over whether further falls in values will materialise
ICTSI posts throughput up 12% for first nine months Revenue increases on volume growth at most terminals
The Alliance unveils its new network Lines of battle emerge as alliances set out their competing plans
Hanjin's boxships have discharged almost all of their cargoes Ninety-four of the shipping line's 97 boxships completed unloading as of Monday
APL adds new services for Latin America and Asia to Middle East Shipping Line launches Colombia Bridge Express and Red Sea Express
Containership demolition hits record high August-October period accounts for over 41% of total scrapping so far in 2016, says BIMCO
Yang Ming reports wider net losses for third quarter Company looking to implement restructuring plans to improve financial status
Navigator Holdings sees net profit drop amid gas market doldrums Company continues to shift fleet towards petrochemical trades
Matson third-quarter net profit dented by Horizon Lines acquisition Quarterly result below company expectations, says Matson chief executive Matt Cox
Canadian government unveils $1.1bn Oceans Protection Plan Measures will be taken to ensure cargoes are shipped through Canadian waters in a safe and sustainable manner
Southern California chassis shortages recede as Hanjin boxes are cleared Los Angeles and Long Beach returning to normal after supply chain disruption in wake of Hanjin bankruptcy
Eagle Bulk sees more vessel buys ahead New York-listed bulker shrinks loss as Vogel points to signs of recovery.
On trade, shipping is likely not a winner in US election contest Candidates' protectionist stances suggest dim outlook for any increase in seaborne trade.
Clinton climb or Trump slump? Ship stocks to feel vote US shipping equities likely to ride the tide of Wall Street's reaction to today's election, though shipping fundamentals may not be significantly impacted by outcome.
Shipping is likely not a winner in US election Candidates' protectionist stances suggest dim outlook for any increase in seaborne trade.
China's financial leasing in 2016: $11.5bn Tally of financial leasing drawdowns shows the booming leasing sector is now responsible for most of the growth in Chinese shipfinance.
Matson stock slammed after earnings miss US containership and conro sees stock lose more than 19% after disappointing result and Stifel downgrade.
Solstad Offshore's third quarter result drops Norwegian offshore vessel owner forecasts weak fourth quarter due to drop in drilling.
OSG puts date on split with International Seaways unit New York-listed tanker owner expects to spin off international-flag shipping unit on 30 November.
Davidson quits First Ship Lease board Protest linked to appointment of new finance chief leads to departure of director.
North Sea layup list rises again Owners continue to stack vessels as PSV rates jump.
Three Hanjin ships still to unload Two of the remaining units will discharge soon, South Korea says.
Farstad ditches old anchor-handler Restructuring owner completes second sale and purchase move since September.
Navios Acquisition books strong results Angeliki Frangou points to contract coverage as tanker owner passes third quarter estimates.
Banks pull plug on Marenave restructuring deal Two lenders financing the German owner's fleet fail to back ship-sale plan.
Pac Rad turns red and focuses on cash flows Singaporean owner logs a loss in the third quarter but believes the offshore market has bottomed out.
Tamai Steamship sees deeper red Diversified Japanese owner posts bigger deficit on the back of smaller revenue.
Gulf Nav calls recovery after bigger profit Chemical tanker owner boosts its earnings in the third quarter and sees "significant turnaround".
Global Offshore loss grows in second quarter Indian owner sees revenue crash back in difficult markets.
Bimco: boxship scrapping at all-time high Demolition hits 0.5m teu so far in 2016.
Vlamis, Moundreas part ways Head of Greek broker's sale and purchase team leaves after 30 years.
Columbia and Marlow in exploratory talks A possible merger is on the horizon for the two German companies as negotiations continue.
THE Alliance reveals business plan for 240 ships Hapag-Lloyd, MOL, K Line, NYK and Yang Ming take the next step towards further consolidation.
American Shipping returns to profit Oslo-listed tanker owner benefits from a drop in interest payments in the third quarter.
Lines having to prove their financial strength Cargo owners more concerned with risks after collapse of Hanjin.
Pacific Drilling ekes out a third quarter profit Idan Ofer-backed deepwater rig company says day rate recovery is still "several years away".
Temas Line upsizes containership fleet Indonesian owner continues to take advantage of low secondhand prices to buy bigger ships.
Impairments slam Tidewater numbers Decline in vessel values impacts results at world's largest offshore support vessel operator.
AMI expands in South Africa Airfreight and express wholesaler AMI is expanding its operations in Cape Town, South Africa, the company said in a statement. AMI has has...
ABC launches twice-weekly freighter service from Oslo AirBridgeCargo Airlines (ABC) is launching a new twice-weekly all-cargo service from Oslo, Norway, the company said in a statement. Starti...
'THE Alliance' details service network Members of 'THE Alliance' - Ocean carriers Hapag-Lloyd, Yang Ming, NYK, MOL and "K" Line -have provided details of their planned vessel sha...
U.S. beefs up meat exports in September Beef, pork and lamb exports from the United States in terms of volumes and value surged in September from a year prior, according to data p...
Court blocks restraining order request against ABX pilots A federal court judge on Monday rejected a request by all-cargo aircraft operator ABX Air for a temporary restraining order against its pil...
Port of Liverpool opens new $495m container terminal The Port of Liverpool last week officially opened its new 400 million British pound (U.S. $494.9 million at today's exchange rate) containe...
BNSF Q3 profits slip again amid coal, energy decline BNSF Railway Co. saw its third quarter 2016 net income fall 11.8 percent to $1.02 billion compared with the third quarter of 2015, accordin...
Port Everglades has narrow lead in Fla. box volumes Port Everglades edged out PortMiami for the title of largest container port in Florida based on recently released statistics for the fiscal...
Ports of L.A./Long Beach invest in technology to measure Maersk emissions Maersk Line and the ports of Los Angeles and Long Beach are partnering to measure the environmental benefits of a $125 million upgrade for ...
FMC reviews 11 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 11 ocean transportation intermediary (OTI)license applications and changes for revi...
DOT picks American Airlines for L.A.-Beijing service The U.S. Department of Transportation has tentatively selected American Airlines to operate a new daily nonstop service between Los Angeles...
FWI: U.S. cargo thefts decline in value, rise in volume Reported cargo thefts in the United States during the third quarter of 2016 increased in volume but fell in value compared to a year prior,...
Matson reports $25m profit in Q3 Matson reported a profit of $25 million for the third quarter of 2016, which ended Sept. 30,compared with a profit of $41.5 million for the...
Canada's trade deficit soars in September Canada's merchandise trade deficit soared from $2 billion in August to a record $4.1 billion in September, Statistics Canada reported. Can...
Vitol MLP VTTI Energy Partners to add European storage capacity: CEO VTTI Energy Partners is adding petroleum product storage capacity in Antwerp, Rotterdam and in Croatia
US EIA STEO HIGHLIGHTS: Oil market balance may be closer than once thought The US and rest of the world will produce more crude oil than predicted
Oil little changed as markets await US election results NYMEX December crude settled 9 cents higher at $44.98/b, while ICE January Brent settled 11 cents lower at $46.04/b.
New fuel types will emerge to meet 0.5% bunker fuel demand: IBIA The pattern began in 2015 when new fuel types emerged in the wake of tougher sulfur limits on marine fuel in emission control areas
European front-month HSFO paper cracks hit more than 4-year high December 3.5% sulfur FOB Rotterdam barge swap cracks moved to minus $9.05/b Monday, up by 69 cents on the day
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