Maritime & Merchant opens shop Halvor Sveen-led shipping bank aims to loan to small and medium-sized firms
Diana gets price cut on newbuildings New York-listed dry bulk owner also agrees time charters
Euroseas reinstates ultramax newbuilding purchase Claims against Chinese yard will be dropped upon delivery of the vessel
Product tanker trades ride on year-end rally But supply overhang from newbuilding deliveries still expected to weigh on 2017 markets
Ship Finance International gets newbuild and Eagle Bulk boss Company recruits Eagle Bulk chief executive Gary Vogel to its board, as newbuild to be leased for 15 years
Commodity prices impede global car trade Clarksons projects 4% drop in car trade as vessel demolitions quadrupled
West African suezmax earnings up 25% on week Bullish suezmax markets ahead of holidays but aframax seems depressed
Chopping and changing in the dry bulk space People are on the move within the dry bulk sector this year
Lessons learned from a tumultuous year in dry cargo Despite the worst market in memory, big-name shipping companies survived the storm by bravely recapitalising their balance sheets
High demolition curtails idle boxship fleet But weak demand and the Hanjin factor thwarts advances in the larger sectors
Reunification would double Cyprus register, says minister Hopes growing for referendum in 2017
MSC scoops up Hanjin Long Beach terminal stake HMM will acquire a stake of Total Terminals International at a later date
New year seems promising for panamax bulkers But rates remain weak with the index falling 31.2% over the week
Seaspan snaps up $21m boxship quartet bargain Price paid for four 4,250 teu ships equal to value of steel, says shipowner
Shipping confidence hits 15-month high Improved expectations for freight rates in the dry bulk, tankers and container markets
Can the shipping industry 'go green'? We ask 12 experts for their opinion
Matson closes on $75m bond placement Containership owner seals the deal after October commitment from private investors.
Clean tankers ride high at end of 2016 Analyst says the recent rate surge, while seasonal, also shows balanced market.
Stranded Hanjin crew receives holiday cheer Crew aboard arrested boxship just one of many to spend holidays at sea.
Carnival helps sweep aside 2017 jitters Analyst sees scenario de-risked after cruise giant reports strong bookings for next year.
Genco shareholders boost board power Additional director from Apollo named to board; SVP director also looking to join.
Vopak signs deal to buy Exmar FSRU business Tank terminals giant to take over existing assets and projects under development from Belgian shipowner.
Gary Vogel joins board at Ship Finance Chief executive of Eagle Bulk appointed director at John Fredriksen-backed financial owner.
Maritime & Merchant Bank off and running Over three years after it was first touted, shipowner sponsored bank has opened its doors for the first time.
Diana Shipping nets newbuilding price cut Newcastlemax pair pushed over into 2017 and will arrive in early January, with a smaller price tag, directly onto time charters.
Azerbaijan, Ukraine team on ship design Caspian Shipping and MEB cooperating across a range of vessel types.
Euroseas settles yard row with ship purchase Aristides Pittas-led company adds newbuilding ultramax and ends Dayang dispute "in best way possible".
Industry toasts the season in Athens
Now on offence, Eagle garners 'buy' rating Balance sheet moves give New York-listed bulker owner runway plus a war chest for fleet renewal, Clarksons Platou says.
New Brazilian repair yard fixes $635m finance Merchant marine fund approves cash for facility at Cabedelo.
Hansson talks turkey after strong quarter Fourth quarter offers firm basis for cash surplus, Herbjorn Hansson says in Christmas address.
Trogir completing abandoned Odfjell MR hull Croatian yard signs deal to finish first of series cancelled eight years ago at Sevmash.
US judge favours MOL win in fraud case Japanese liner operator alleges that freight forwarder CB Freight misrepresented contents of 135 shipments.
Hill Dickinson adds Swinnerton and Moore Industry veterans and their colleagues join expanding global law firm.
Vyborg Shipyard secures new $44m loan Russian shipbuilder taps VTB for cash to build icebreaker.
Shipping strong among Danske's top picks Golden Ocean, Ocean Yield and Subsea 7 account for half of bank's 2017 favourites.
Erria takes over Vietnamese venture ECS Danish shipmanager buys out Saigon Shipping's share of its logistics company.
Marex Spectron enters physical shipbroking Simen Ebbesen leads new tanker broking division with first recruits already secured.
Brittany Ferries pens FSG order German yard secures newbuilding contract as owner looks to renew fleet.
Figenschou given temporary Aurora role Shipping restructuring expert will be the new boss of BW LPG's latest addition for a few months.
Vinalines selling off shipyard company Vietnamese state shipowner submits new divestment plan to government.
RMT has to sell to survive Singapore-listed company will have to make further disposals after bondholders rejected restructuring.
Greek bulker grounds in Bosporus Dekoil supramax stuck in Yenikoy Strait, Turkish authorities say.
Uljanik shoots for Caspian gas JV Croatian shipowner eyes new business with ETCA Caspian.
California Trucking Association fights back on labor issue The California Trucking Association (CTA) is fighting back against the campaign to turn independent owner-operators in the port drayage ind...
FedEx grows earnings, revenues in Q2 FY2017 FedEx Corp. grew its earnings and revenues for the second quarter of its fiscal year 2017, which ended Nov. 31, according to the company's ...
Korean Court approves TTI sale to MSC affiliate Hanjin Shipping has signed a deal to sell its stake in Total Terminals International (TTI) to Terminal Investment Ltd. (TIL), a company own...
Commentary: Fact-finder must determine extent of cargo damage Denso, a Japanese motor vehicle component manufacturer with its American headquarters in Southfield, Mich., contracted with Mac R. Behnke R...
ATA: Truck tonnage index rebounds in November Domestic truck tonnage rebounded in November 2016, jumping 8.2 percent compared with the previous month, following a revised decrease of 0....
TANKERS: KEY ASIAN LR1, LR2 FREIGHT RATES SHOOT ABOVE W100 FOR PG-JAPAN This upswing was closely followed by the Long Range 1 tankers which saw a w16 jump from Monday.
Drawdown in stocks, not weather, driving US Atlantic Coast bunkers higher The source added, "In New York, I'm hearing many suppliers are out of fuel until the New Year and others are seriously congested."
US DATA: Crude stocks build; draws occur for Cushing, products US crude stocks rose unexpectedly last week, but Energy Information Administration data released Wednesday also showed Cushing, Oklahoma, stocks fell, as did gasoline and distillate inventories.
US DATA: EIA says residual fuel oil stocks slip as run rates climb Imports week on week dropped by 43%, averaging 144,000 b/d. USGC imports dropped to 13,000 b/d, compared to 79,000 b/d last week.
TRADER NOTE: Elina Apostolakou appointed at KPI Bridge Oil Athens office
Italian port of Genoa to remain tight on MGO until new year: traders "Genoa is really dry on gasoil, but fuel oil is stable, because all suppliers are awaiting replenishment [which] most likely will start in the new year," another trader said Tuesday.
External: Wired Bunkering
Russian crude output to average 10.97 mil b/d in 2016, up 3% on year: Novak The rise comes as Russia's fiscal regime considers tax breaks for many projects to stimulate their development as production from conventional mature fields declines
TRADER NOTE: Former KIB Energy fuel oil trader joins Total Singapore
TRADER NOTE: Trader Jeff Chen leaves Winson Oil
FUTURES 2: Crude remains higher as Iraq announces supply curb
TRADER NOTE: Former CEFC fuel oil trader joins Coastal Singapore
FUTURES: Crude edges higher on supportive US stock draws
FEATURE: Cheating on OPEC-led output cuts difficult to track, buying producers time OPEC asking the market to judge the outcome of the deal on its full six months, not just the early months
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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