DryShips gets in on gas Dry bulk company has 'zero-cost' option to buy four newbuild LPG carriers from Hyundai Heavy Industries
'Independent America' is foremost risk for global markets in 2017, says Eurasia Group In 2017 we enter a period of geopolitical recession, say consultants
Brazil-China shipments drive capesize bulkers' earnings to one-month high Weighted average earnings climb above $13,000 per day
Creditors thwart Farstad Shipping's restructuring plan Some creditors reject Norwegian offshore vessel company's restructuring move
Idle boxship numbers creeping up again Post-Christmas slump in demand sees feeders head for lay-up
Tianjin box throughput grows 2.8% to 14.5m teu Port operations disrupted by air pollution
Shipping stocks 2016: LNG carriers shine, tankers lag behind Industrial shipping companies staged a strong comeback, mostly aided by rising oil prices
LR product tanker rates at four-month high Tight tonnage continues to drive up LR1 and LR2 tanker rates on Middle East-Japan route
Singapore port authorities working to clean up boxship collision oil spill Seventeen vessels and over 200 personnel sent to affected area
China's emissions control areas now in effect for all key ports Regulations take effect this month for Tianjin, Qinhuangdao, Tangshan, Huanghua, Guangzhou and Zhuhai
Euronav signs sale and leaseback deal for VLCC quartet Transaction to yield $37m capital gain for tanker operator
Diana Shipping takes delivery of two newcastlemaxes Vessels to be chartered out to Koch Shipping and SwissMarine
Nanjing Shenghang Shipping to buy two secondhand chemical tankers Purchase will help expand capacity and reduce bareboat charter costs
SHI secures $1.3bn contract to build floating production unit Offshore vessel due for delivery in August 2020
China iron ore imports likely above one billion tonnes in 2016 Accumulated stockpiles could see China pull back slightly on iron ore imports in the first quarter
NFI buys Canadian 3PL NFI, a privately held integrated supply chain solutions provider, acquired Dominion Warehousing & Distribution at the end of 2016. Dom...
J.B. Hunt, BNSF to enter arbitration over revenue sharing Trucking carrier J.B. Hunt Transport and Class I BNSF Railway will enter arbitration over intermodal revenue sharing, the companies said in...
POLB pushes for rail yard redevelopment The Port of Long Beach (POLB)wants to developan existing rail yard into a new facility that it said could increase the use of "on-dock" tra...
D.J. Powers acquires Norfolk-based customs broker Savannah, Ga.-based freight forwarder and customs broker D.J. Powers Company, Inc. has merged with Fred P. Gaskell Co. of Norfolk, Va., eff...
Radiant Logistics to acquire Canadian 3PL Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels Internat...
GLP confirms preliminary sale talks Global Logistic Properties (GLP) has confirmed it is seeking potential buyers as part of its independent strategic review, the company said...
Asia takes naphtha from amply supplied US, but flows slowing Rising freight rates to slow naphtha flows from the US.
OPEC, non-OPEC deal has little impact on market balance - US State official Supply overhang to persist despite production cuts
Oil complex settles little changed after morning downturn on EIA data NYMEX February light sweet crude settled 50 cents higher at $53.76/b, while ICE March Brent rose 43 cents to settle at $56.89/b.
External: Praxis Energy Agents S.A
Piraeus busier as bad weather limits bunkering at Malta, Istanbul Bunker operations at Malta have been restricted to one area, a spokesman for the port authority said Thursday, but should remain open
Finnish Tallink newbuild ferry marks first LNG bunkering A newbuild fast ferry owned and operated by Finnish ferry company Tallink has bunkered liquefied natural gas at the Skangas Pori LNG terminal at the Finnish port of Tahkoluoto
HSFO barge trading up on East-West arbitrage demand High sulfur fuel oil barge liquidity rose to 55 trades in the S&P Global Platts MOC, with a total of 110,000 mt traded Wednesday
External: Wired Bunkering
Australia's EPA contains bunker fuel spill at Sydney oil terminal The EPA said it became aware of the spill on Friday and was assessing if it had any environmental impact. It was also considering if any regulatory action was required.
FACTBOX: Asia Q1 oil products outlook and factors to watch
TENDER DATA: Taiwan's Formosa offers 40,000 mt fuel oil for Jan 16-18 Tender closes January 5, with same-day validity.
FUTURES: Crude falls on risk aversion despite drawn on US stocks
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.
- 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
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
