CMA CGM slumps to first-quarter loss on low freight rates Improved volumes fail to offset weak Asia-Europe trades
Cape rates spike on Australian demand before cooling off Both spot fixtures and period market bounced on the back of encouraging rates
Seaborne iron ore demand to remain flat in 2016, says Vale's Alves Southeast Asia to emerge as the biggest market for iron ore in coming years
Ocema adopts best practice guidelines Association seeks FMC approval for terminal weighing approach
Container lessors feel the squeeze Consolidation at the top and a potential shake-out further down the rankings is re-shaping the box leasing industry
Rates continue slow slide south Carriers line up next GRIs as rate erosion pulls down earnings
Skuld moves to buy hull outfit SMA/Gerling Norway Nummedal to keep team in simple change of ownership
Non-cash gains lift Ocean Rig first-quarter results Company reports solid results despite recent charter terminations
Euronav terminates suezmax joint venture Tanker giant will pay partner $15m to exit four-ship venture
Terminations bring deeper losses at Pioneer Marine First-quarter loss triples after five newbuilding contracts axed at Guoyu Shipyard
HMM says charter talks with shipowners not over yet Rival Hanjin makes headway as bondholders agree to debt maturity extension
Easing of US sanctions on Myanmar to boost trade and investment Licence to use blacklisted Asia World's Yangon port extended indefinitely
China VLCC offloads two vessels Tankers to be sold to two independent counterparties registered in the Marshall Islands
Hanjin bondholders agree to four-month debt maturity extension Hanjin Shipping bondholders grant maturity extension of Won35.8bn debt to September 2016
DryShips first-quarter results boosted by stake ownership in Ocean Rig Company would have incurred net loss for quarter without equity in earnings from Ocean Rig stake
Keppel Offshore & Marine sets up joint venture with Rosneft and MHWirth JV to establish centre to develop mobile offshore drilling units
Navios Acquisition posts higher first-quarter profits Frangou focuses on benefit from link with Navios Holdings amid criticism over an ill-fated loan
Economou companies' stock prices diverge Ocean Rig shares jump 22.7% after estimate beat, while DryShips plunges after loan woes.
BW LPG stays silent on Aurora plans Martin Ackermann says rival's stock was available at attractive price levels.
ING targets bulker over GMI's OW fuel bills Rainbow Shipmanagement's Teofano targeted with arrest order for fuel bills allegedly left unpaid by charterer GMI.
Canada energy board OKs crude export plan But project faces long odds with Trudeau government and First Nations.
Seim replaces Peermohamed at NHC Hull club appoints 45-year-old naval architect and acting CEO to take leadership of the company.
More talk than action around OSG fleet sale Wilbur Ross rumour fading with Idan Ofer connection said to be unfounded.
HMM and Hanjin bonds jump in value Analysts say investors are indulging in 'bomb passing' over owners' debt.
XO Shipping crosses off another record profit Christian Levin-led company extends run of profitable years to five in a row.
Macquarie banking on Morten Arntzen Veteran will help Australian bank fill shipping's finance void in new advisory role.
Karadeniz puts fast ferry up for sale again Turkish owner listening to offers for former Stena Explorer after buying it at the end of last year.
U-Ming plunges into the red in Q1 Taiwanese bulker owner falls to a loss as revenue shrinks.
SCF: sentiment needs to shift on IPO Russian owner ready to go in strong tanker markets, but listing climate 'not great.'
HCI Group adds 13 HSH Nordbank feederships German investor expands its portfolio through a deal for small containerships.
Evensen: $100m gives a lot of confidence Teekay kingpin explains decision behind first equity issue for parent in over a decade.
DSME delays SCF LNG ship by seven months South Korean shipbuilder agrees to push back Yamal project vessel until January.
Fornaes to scrap Vroon OSV Dutch owner sends another vessel to Danish yard for demolition.
Stena cracks down on puppy smuggling Ferry group targets traffickers shipping young dogs from Ireland to Scotland.
Skuld to buy hull business Stale Hansen signs letter of intent to acquire big Scandinavian Marine Agency - Gerling account.
Scandlines sees 2015 earnings jump Baltic ferry operator's focus on Germany-Denmark routes paid off last year.
DSME denies sale of defence business But Korean yard admits new restructuring plan includes review of naval division.
BW LPG buys up more Aurora stock VLGC market leader moves closer to takeover of Norwegian rival.
HMM rate-cut talks to continue Financial watchdog says no specific deadline has been set for completion of negotiations.
Radziwill resigns amid suezmax split with Euronav Shipowner exits public company board as joint venture is ended.
Ridgebury raises profit, but markets falling US tanker owner stronger in first quarter, but concerns remain over second three-month period.
China VLCC offloads modern tanker duo China Merchants Energy Shipping and Sinotrans & CSC Group joint venture confirms vessel sales.
Keppel Corp forms joint venture with Rosneft Singapore offshore rig builder hopes the move will increase its presence in the Russian market.
Petrobras raises $6.75bn from bond market Brazilian oil major intends to use funds from first offering in almost a year to repay debt.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher