Yamal LNG to load maiden cargo in the second half of 2017 In addition to 14 icebreaking LNG carriers, project will need 10 normal ice-class LNG vessels for ship-to-ship transfers
Australian cyclone damages supramax demand New Baltic index for supramaxes could also cause short-term market disruption
Total signs LNG bunkering deal with Singapore's Pavilion Energy Preliminary agreement will give Total access to LNG bunkering facilities in Singapore for its customers
Trafigura calls for adoption of standard agreement in LNG trading 'Master' for terms and conditions will improve industry-wide efficiency, company argues
Qatar lifts moratorium on North Field gas output Qataris flex their gas-producing muscles, promising new cargoes for LNG carriers, showing young pretenders such as the US how it is done
SwissMarine eyes growth, but not in fleet size Freight trading company wants to be more active in concentrates
Data hub: World fleet update Slippage in delivery dates and continued high scrapping levels are helping reduce the number of vessels in lay-up
Malaysia's MMC Corp buys out remaining 51% stake in Penang Port Group to finance the acquisition through internal funds as well as bank borrowings
Adani inks MoU to develop Malaysian container port Carey Island facility will be an extension of Port Klang
India's JNPT commences project to deepen and widen access channel Project will allow port to handle larger containerships
Souki's Tellurian to charter up to 30-strong LNG carrier fleet Former Cheniere head makes an open offer of $8 gas to Japanese buyers from his multibillion-dollar Driftwood LNG project
Seanergy Maritime bets again on capesizes Spot-oriented fleet poised to reap huge benefits in anticipated market recovery
APMT demands government intervention to resolve Gothenburg dispute Update: Terminal operator makes call after union's criticism of new manning system at the Swedish port
Competition authority blocks Eimskip's Nor Lines takeover Authority notes there were already too few players in the market to maintain its competitiveness
DSME secures $250m deal for VLCC trio Vessels are expected to be delivered by 2018 in sequence
Small chemical tanker prices drop Asset price situation reflects challenges faced by the sector
DryShips unveils more fundraising and vessel purchases George Economou announces $268m acquisition of six ships in conjunction with fresh $226m stock offering
Sovcomflot confirms Shell's LNG bunker deal for four tanker newbuilds Shell to fuel the ice-class aframaxes it will charter in
Rates rise as VLCC fixtures pick up steam Average spot earnings jump 10.6% in one day as charterers bag ships in the Middle East and West Africa.
Norwegian Cruise Line ramps up Cuba offering Cruise giant unveils 33 voyages to Caribbean island despite uncertainty about Trump Administration's stance on embargo.
API report claims sweeping impact from Jones Act rule change But US offshore vessel association says its members are ready to provide work covered by proposal under consideration by Trump Administration.
Star shines brightest as bulker stocks fly Petros Pappas-led owner is shipping's best performer in first quarter as dry cargo equities rally.
ConTex nearing the 400 mark Another strong start to the week for boxship rates indicates "an active market" on all segments.
Seadrill shares plunge to new depths Driller's stock loses almost 40% of its value to set unwanted record on the Oslo Stock Exchange.
IRISL looks to expand its port footprint Iran's national bulker and boxship fleet reaches out to Japanese logistics firms.
DSME yard workers' pay plummets Restructuring shipbuilder handed over 20% less in salaries last year.
Sparrow emerges with rump of Ultrapetrol Offshore and river business sales satisfy creditors, as operating businesses cease
Wan Hai Lines stays in the black But Taiwanese boxship owner's earnings cut as revenue falls.
Clarksons Platou places buy tag on Genco Analysts expect restructured bulker owner to return to the black in 2018.
Hurtigruten has port case ruling reversed Norwegian cruiseship owner set to address supreme court over Bodo port fees row.
Krasnoye Sormovo profits drops in 2016 Russian shipbuilder reveals weaker figure as revenue falls.
Expectation growing for Stolt Tankers IPO Oslo-listed shipowner will spin-off its tankers "sooner rather than later" bank says, as CEO sees time ripe for consolidation.
Blast hits ship at Varna yard No injuries reported on vessel that had just arrived at Bulgarian facility.
Shippers want action over European delays ESC launches probe into eight-week wait for loadings.
Total and Pavilion form new LNG venture The two gas and energy companies will work together on LNG bunkering in Singapore.
Uljanik, ETCA launch LNG, LPG venture Croatian and Cypriot partners want to muscle in on shipmanagement market.
Polarcus utilisation falls in first quarter Middle East seismic ship player sees contract cover fall.
Fewer passengers, more cargo for Tallink Estonian ferry and ro-ro owner posts mixed figures for the first quarter and March.
TGS and PGS expand seismic survey Norwegian charterer and owner win more work off Senegal and The Gambia.
Gulf Navigation to raise $250m Expanding Dubai tanker owner issuing sukuk over five years.
Seadrill sounds warning to investors Restructuring and debt repayment deadlines extended amid comments stakeholders are set to be diluted.
Marenave seals fleet sale deal German owner to liquidate single-ship companies as Offen prepares to invest.
Aussie coal exports face five week delay Outages of local rail systems are preventing coal shipments from getting from the mines to ports.
DSME confirms trio of Angelicoussis VLCCs Struggling South Korean shipyard seals three ships from its favourite Greek shipowner.
Minerva Marine opts for Wartsila's BWMS Greek shipowner says possibility to get lifecycle support affected choice of supplier.
Boskalis seals large India dredging deal Dutch firm improves sector backlog following "worst dredging year so far this century" in 2016.
Ama Marine raids second hand market Thai chemical tanker operator said to have acquired Korean built Interline 9001 coated unit.
ANTONOV's new aircraft takes maiden flight Source: ANTONOV ANTONOV's new aircraft, the AN-132D, took off on its maiden flight March 31 from the company's airfield in Kyiv, Ukraine. A...
Port of Gdansk plans for future growth Source: Port of Gdansk The Port of Gdansk unveiled development plans currently in the works, which are fueled by the accelerating growth in ...
European shippers remain concerned about capacity shortage The European Shippers' Council (ESC) said its members are continuing to face a severe shortage of space on containerships carrying goods to...
Navios Logistics inaugurates iron ore facility in Uruguay Navios South American Logistics, a subsidiary of Navios Maritime Holdings, inaugurated its newly-completed iron ore transshipment and stora...
CMPort grows profit on higher volumes in 2016 China Merchants Port Holdings Co. Ltd. (CMPort) saw profits attributable to equity shareholders jump 14.3 percent to $5.49 million Hong Kon...
WWL joint venture partners complete ownership merger Norway's Wilh. Wilhelmsen ASA and Wallroll AB of Sweden, joint owners of Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Ro...
Norway scuttles Eimskip's acquisition of Nor Lines The Norwegian Competition Authority has issued a decision blocking Icelandic ocean carrier Eimskip Ltd.'s 15 million euro (U.S. $16.6 milli...
Qatar Airways Cargo launches new freighter service to Phnom Penh Source: Qatar Airways Qatar Airways Cargo will fly from Doha to Phnom Penh and back to Doha on a weekly basis with an A330 freighter. Qatar...
Executive Moves: Bureau Veritas, Greenville & Western and Glander International Bureau Veritas has promoted Marine & Offshore Division President Philippe Donche-Gay to the role of senior executive vice president. R...
Norway's Asgard crude to load four cargoes in May The light crude is sourced from the Midgard, Smorbukk and Smorbukk South fields, with production starting in 1999.
North Sea Alvheim crude to load four cargoes in May Alvheim crude is a relatively light, sweet grade with an API gravity of 36.3 and a sulfur content of 0.16% by mass.
Fuel oil swap cracks up despite high stocks in ARA, less Russian exports: sources Production of fuel oil, a traditionally key export product, totaled 4.552 million mt in March, down 7.06% year on year and up 1.85% month on month.
External: Praxis Energy Agents S.A
External: Wired Bunkering
TRADER NOTE: Former Yong Yu Global fuel oil trader joins Mabanaft Singapore Toh had been at Yong Yu Global for three to four years, and with BP before that in a similar capacity.
FUTURES: Crude lower amid concerns over supply
TRADER NOTE: UAE's Glander International Bunkering's Mumbai office hires two traders The company opened its Mumbai office in 2011 and moved to the city's business hub, Bandra Kurla Complex, in November 2016.
LNG bunkering set to witness steady growth despite odds LNG uptake is encouraging but more needs to be done
OPEC's Barkindo says 'encouraged' by Iraq's progress towards cut compliance OPEC forecast global oil demand will reach 109 million b/d by 2040.
FEATURE: Atlantic Basin long-haul crudes maintain competitive edge in Asia Asia seen as a stronger market due to ongoing maintenance in Northwest Europe and continued glut of sweet crudes across most regions in the Atlantic Basin.
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