Scorpio Tankers director Trauscht dies Emanuele Lauro pays tribute to 'sound judgement and wealth of experience'
Carriers hit back at shipper claims Further regulation will not help shippers, say carriers
Charter rate slump pushes Pyxis into the red Funding for expansion 'a challenge', says chief executive Eddie Valentis
Gener8 focuses on build-out of young tanker fleet amid weaker rates Spot rates fleet across the tanker segments for Gener8
Discharge flexibility injects new buzz into LNG Ships spending longer on water as they choose where to discharge, benefiting owners
Scorpio Tankers suffers $27.1m loss in third quarter Vessel returns plummet by almost 50% to send company into the red
GSF calls for radical rethink of alliances Competition being eroded as carriers consolidate
Hapag-Lloyd climbs back to profit in third quarter Cost savings improve bottom line, but first half of year drags down on nine-month result
Race for market share puts transpacific rates at risk SeaIntel says rates could soon fall by the wayside if carriers prioritise pursuit of Hanjin boxes over strengthening rates
VLCC owners resist pressure on rates despite sluggish chartering Earnings for Middle East-East Asia trade fall only slightly as end-November cargoes emerge
Korea Line is preferred bidder for Hanjin's Asia-US assets Company to get opportunity to bid for Hanjin's stake in Long Beach Terminal
Arthur Bowring to retire from HKSOA Sandy Chan will become new managing director
North P&I holds rates and offers 5% credit note Move made possible by low level of claims, admits marine mutual
Korean government joins creditors in putting DSME union under pressure Creditors will offer the shipbuilder much-needed financial aid in return for unionised workers' co-operation
Fincantieri looks to take Vard private Up to $89m deal to be funded via internal resources
Fortescue secures $473m financing from China Development Bank Mining giant says funds will be used to finance eight VLOCs
Auditor raises concern over ASL Marine's borrowings Debt due over next 12 months exceeds cash and bank balances as at June 30, 2016
Temas Line buys containership for $6.7m Purchase to be paid by cash and bank loan
Avic International Maritime posts net loss in third quarter Results hit by increased expenses and exchange rate losses
Cosco Singapore sees wider third-quarter losses Results dragged down by order cancellations and deferred deliveries
Shipowners face hikes in borrowing costs New capital adequacy stipulations will make for more expensive loans to owners
Dynagas Partners profit rises above Wall Street forecasts
Eagle sinks talons into second newbuilding
Golar LNG plans follow-on offering Oscar Spieler-led LNG vessel owner raises capital to settle convertible bonds.
S&P downgrades Maersk rating on market worries Unconvinced by strategy shift, credit ratings agency knocks shipping conglomerate down to 'BBB'.
Saverys' blank cheque firm prices its IPO Special purpose acquisition raises funds for "attractive opportunities" in dry bulk.
Dry shares rising as bulker market firms Stocks on New York exchanges as BDI continues to climb. DryShips in the lead.
Scorpio's fourth quarter outlook dims Stifel now expects tanker owner to deliver an adjusted loss for 2016 as current quarter comes in below expectations.
WTO: G20 remains hotbed for trade restrictions The World Trade Organization (WTO)said the number of trade restrictions imposed by the Group of 20 countries has continued to grow, despite...
Hapag-Lloyd posts jump in profit despite lower revenues Hapag-Lloyd reported a profit of 8.2 million euros (U.S. $8.8 million)for the third quarter of 2016 compared with 3.2 million eurosfor the ...
Ports of L.A./Long Beach to brief public on Clean Air update The governing boards of the ports of Los Angeles and Long Beach will hold a joint public meeting Nov. 17 to discuss proposals for updating ...
Korea Line to purchase Hanjin's Asia-U.S. operations Korea Line Corp. has been picked as the preferred bidder for the assets of Hanjin Shipping's business between Asia and the United States,be...
UPDATE: Colombia receives first LNG cargo from Trinidad It is understood that while the cargo was sourced from Trinidad, there is no quality restriction that prevents the FSRU from receiving volumes from other export projects.
SINGAPORE DATA: Oct bunker fuel sales rise 10% on year to 4 mil mt October sales were also up 4.6% from 3.83 million mt in September, the data showed.
Jamaica could become regional energy hub with new LNG terminal projects New Fortress Energy invested $175 million to construct the LNG terminal at the Montego Bay port, the statement said, and work has been underway for months to prepare for LNG supply.
Seasonal weakness overstates concerns around VLCC order book: Gener8 Maritime Elevated crude oil inventories and compressed refinery margins negatively impacted demand, Georgiopoulos said during the company's Q3 2016 earnings call.
External: Praxis Energy Agents S.A
Malta bunker fuel premium hits 10-month high on bad weather A cargo that was due last week had to be delayed until the present week because of stormy seas, which tightened supply, sources said.
External: Wired Bunkering
Conrad Industries loses $12.5 million on LNG bunker barge First LNG bunker barge now due to be delivered early next year
Shipping industry needs more crew training as regulation increases New training will be needed ahead of IMO's 2020 0.5% sulfur cap
ANALYSIS: Access to major pipelines unlikely to benefit Chinese independent refiners China's independent refiners unlikely to reap full benefit of reform on logistical issues
FUTURES 2: Crude futures flat amid lack of fresh drivers
Meeting of OPEC's technical experts brought forward to Nov 21 from Nov 25 Algeria and Saudi Arabia "considered it appropriate to move forward the meeting to give ministers time to examine and assess the proposals of the committee
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