Zim back in the black Israeli line reports $6.5m profit for 2015 amid 'challenging market conditions'
Hapag-Lloyd cautiously optimistic on year ahead Demand and rates will pick up as capacity is reduced from market, says Habben Jansen
Pragmatism needed in move to smart shipping, warns ICS ICS secretary general Peter Hinchliffe tells CMA delegates shipping needs to avoid using technology simply because it is available
Date finally set for opening of expanded Panama Canal Waterway's much-delayed third locks to open its gates to commercial shipping on June 26
Dry bulk shipping: Power 10 Highlighting the most influential figures in the dry bulk sector - the power 10
10. Petros Pappas, Star Bulk We are in a 'new normal' now, where we can't depend on demand
9. David MacLennan, Cargill Celebrating 150 years, the firm has grown into one of the world's largest commodity traders
8. Andrew Mackenzie, BHP Billiton The Samarco mine disaster in Brazil highlighted how difficult 2015 was for BHP
7. Sam Walsh, Rio Tinto Due to retire in July, Walsh is an influential figure in a troubled industry
6. John Fredriksen, Fredriksen Group The Tanker King also wields huge influence in the dry bulk sector
Data Hub: Load Factors High load factors on headhaul transatlantic services could accelerate cascading from larger trades
UN removes four vessels from North Korea sanctions list Security Council confident ships are not controlled by blacklisted Ocean Maritime Management
Lamprell 2015 profit falls amid fewer new oil and gas offshore projects Company has refocused marketing efforts to the Middle East from other regions suffering from slowing growth
Pangaea Logistics returns to net profit in 2015 Core business saw higher margins due to falling bunker fuel prices and lower costs incurred to hire third party-owned ships
Tanker rates hinge on refinery demand holding up In refining circles, key concern is around gasoline's ability to support refinery margins
CMES orders 10 VLOCs from three Chinese shipyards Shipbuilding contracts worth $850m in total
Aegean Marine Petroleum to establish bunkering operations in South Africa Move is part of company's strategy to enter new markets
Bumi Armada appoints Leon Harland as new chief executive Mr Harland will assume his new role at the company on May 16
Hornbeck shorts dip but remain strong Offshore vessel owner's shares top Wells Fargo's table of short-interest estimates.
Exmar takes earnings charge on FLNG project Cancellation of Canadian LNG project and pressurised LPG fleet knock down profits.
Zim maintains profit in 2015, despite Q4 loss Bigger deficit in the fourth quarter does not prevent Israeli company from making money in the full year.
Be contrarian, buy tankers, Perri says Bottom fishing in dry cargo not necessarily the best investment today, Axia argues.
Black Sea Shipyard reduces 2015 loss Ukrainian shiprepairer has posted a significant cut in its annual deficit.
Korean yard job losses could hit 50,000 Shipbuilders including DSME slashing workforce to cope with dramatic drop in orders.
Diana capesize takes a pay cut; BDI creeps up New York-listed owner sees cape head to SwissMarine as new panamax arrives with Norden charter in place.
Hapag CEO: Liner landscape changing Rolf Habben Jansen mulls interesting developments in the next two to three months alongside rates recovery.
Crewman convicted of knife attack Libyan seafarer receives suspended sentence for attack on colleague on ship in Maltese shipyard.
HHI and GE team on LNG carriers Korean yard and US engine group to market eco-ships together.
DFDS deal shows Lloyd Werft more than Genting's house yard German shipyard secures contract to repair and lengthen vessel for Danish owner.
Panamaxes going under the hammer again The bank-driven auction of two uncompleted panamax bulkers by the Guangzhou Maritime Court failed today, say brokers.
Boskalis wins islands deal off Indonesia Dutch dredging giant strikes $89.3m pact for the construction of five artificial pieces of land.
TMS Tankers goes for Wartsila propellers Four newbuilding aframaxes controlled by George Economou will use Finnish company's systems.
Offshore layups pass 600 ships as term rates plunge But Clarksons Research says lower chartering costs could boost demand from oil majors in medium term.
Globus sells panamax to write-off loan Greek bulker owner agrees with Commerzbank to offload 2010-built vessel alongside its cargo claims.
Fesco launches Iran run via Caspian Russian container line testing the waters for exports and imports.
A 'screaming buy', but no big buyers Bob Burke asks tanker owners: if shares are less than their net asset value, why is no one taking them over?
Korean banks warned over bad debts Non-performing loans up 24% to $25bn, partly due to restructuring at DSME and HMM.
Russia plots orders for 118 dredgers Krasnoye Sormovo, Lotus and Zelenodolsk shipyards among those to be awarded contracts from government.
Clifford Chance nabs Norton Rose Fulbright duo Green and Sherrard to build on law firm's maritime and offshore practice in Asia Pacific.
Bumi Armada names new chief executive Former Heerema Marine Contractors director set to take the lead at Malaysian FPSO player.
Aegean Marine targets South African bunker market Greek company says move is consistent with strategy to opportunistically enter new markets.
PCS plans new Singapore naphtha import facility Company says move in response to the global trend of moving cargo on larger vessels.
GLOBAL VLCC TRACKER: Rally in rates recedes as delays, demand ease The sharp rally in freight rates seen over the past week proved short-lived.
Shipping industry mulls options to meet lower sulfur content in bunker fuels by 2020 'Scrubbers are the only solution that will allow shippers to continue business as usual.'
Hong Kong Cosco's 2015 bunker fuel sales rise 33% to 1.15 million mt Despite higher volumes, revenue fell 30%.
Japan's HSFO output steady on week at 2 million barrels for March 13-19 But exports of high sulfur MDO plunged 80.3% on week.
Aegean launches South African bunkering operations The region is seen as potential for growth.
Oil futures fall after EIA reports bigger-than-expected crude build US commercial crude oil stocks rose 9.357 million barrels to 532.535 million barrels in the week ended March 18.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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