NAT's difference of opinion Nordic American Tankers' annual report and first-quarter results make for two very different reads
Merchant ship fired upon by skiffs off Iran Attack followed by suspicious approach on second vessel in same area
Onassis buys new suezmax duo from Arcadia Legendary tanker name takes 2017 spending to about $275m as seller welcomes fourth of six-ship HHI tanker series
Scorpio Tankers sells another two MR product tankers Continued asset disposal by bullish owner could raise eyebrows as total sold this year hits 10 vessels
Capital Maritime fixes first of five ex-Hanjin containerships Neo-panamax Hanjin China is renamed Athenian and fixed for four to six months at $33,000 per day
Handysize bulker earnings post weekly loss again amid weak Pacific demand Weighted average at 19-day low but some trades could recover later this month
Data Hub: Charter Rates Fixture activity on the wane and rates stagnating, but owners will go into the quiet summer period better prepared than last year
NAT posts first-quarter net loss But result is substantially improved from the fourth quarter of last year
Trafigura unlocks Myanmar market for bigger product tankers Subsidiary Puma Energy opens the country's largest fuel terminal and largest marine jetty for MR tankers
SHI to unveil comprehensive safety plan by June Move comes as shipbuilder resumes partial operations after crane accident that claimed six lives
Rotterdam port authorities take over container rail service Goal is to boost service competitiveness and ensure further environmental sustainability
Vopak inks joint venture to develop gas terminal in Canada Location will allow shorter shipping times for gas carriers to Asia as compared with the US Gulf coast
Algoma net losses widen on a lack of vessel contract gains Weaker seasonal demand and vessel dry docking schedule also to blame
DHT shoots down latest Frontline offer DHT walks Frontline through its reasoning to show 'just how off the mark' the offer was
FMC clarifies stance on Japanese lines' pre-merger talks Proposed tripartite agreement falls outside the Shipping Act's scope
DHT tops estimates as it inks $300m loan New York-listed tanker owner sees smaller-than-expected dip in first-quarter earnings.
Eagle delivers slimmer-than-expected loss Supramax and ultramax specialist sees revenue rise on chartered-in ships.
Genco trims loss to just below estimates Chief executive John Wobensmith says New York-listed bulker owner ready to pursue growth.
Ocean Yield doubles profit in first quarter Kjell Inge Rokke-backed lessor eyes expansion despite weakness in offshore segment.
Is TEN's next buy in the VLCC sector? Maxim Group analyst speculates that next strategic alliance could translate into large tanker deals.
Drewry: vegoil and chemicals fleets rising Weak CPP rates push more of fleet to chemical and vegoil trades, but shakeout looms.
Analysts pull down NAT targets amid silence on dividend Credit Suisse and Maxim respond to tanker owner's quarterly report amid lender restrictions.
Bahri looks to team up with HHI on 'big data' Leading tanker owner plans deeper relationship with Korean yard for new technology.
Axia says size and capes key to dry recovery package Three buys and two hold ratings among the five new owners under coverage of Axia analyst.
Crane at Jebel Ali collapses after collision One man suffers a fractured leg and arm as CMA GMA-owned boxship hits a DP World port wall.
LNG carrier evades pirate attack Vessel came under fire after leaving Nigeria LNG's Bonny Island plant
Seabird secures two-month charter Oslo-listed seismic vessel owner set to deploy 1987-built ship in South America.
GasLog Partners to raise dropdown cash Analysts see potential for a third vessel drop-down before year's end as company raises cash.
Seven buyers circle HSH Nordbank Anbang Insurance linked to pursuit of restructuring shipping lender.
DNV GL in the red Shipping blamed for class society's first loss in 30 years.
DHT Holdings tipped for profitable quarter Analysts expect Frontline takeover target to log black numbers in opening three months of 2017.
LNG carrier evades piracy attack An LNG carrier and its crew has emerged unscathed from a piracy attack off Nigeria. The BW Group owned and managed 150,000-cbm LNG Lokoja (built 2006), which is on long-term charter to the Nigeria LNG project, is understood to have come under fire after leaving the Bonny LNG terminal at the end of April. A BW Group spokesman said: "I confirm that LNG Lokoja managed to evade pirates with defensiv
China hands over three Somali pirates Somalia to decide fate of men alleged to have attempted April bulker hijack.
Energean to tender for $500m FPSO Greek group wants unit for Karish gas project off Israel.
ASL Marine expects red third quarter Singaporean offshore vessel owner is set to report a net loss for the three-month period ended March.
Olympic buys brace of suezmax tankers Onassis company picks up pair of new tankers from fellow Greek owner, brokers say.
Vernicos expands with Middle Eastern tug Greek owner finalises first acquisition for 2017 with deal for 20-year-old ship.
Stoic reaction to DHT letter at Frontline Robert Hvide Macleod quotes 19th-century Norwegian playwright after opening latest rejection letter.
Baltmed reefer abandoned in South Atlantic Greek ship took on water after hitting iceberg; crew safe.
Scorpio Tankers confirms double sale Deal will see debt repaid and draw a writedown in the owner's second quarter numbers.
FMC: Big Three did not 'jump the gun' US commission clarifies reason for rejecting Japanese owners' boxship merger.
Four more ships targeted by robbers IMB reveals spate of boardings in Asia, Bangladesh and Venezuela.
Clarksons: S&P liquidity at post-crash high Rise in bulker, tanker and boxship deals contribute to new benchmark figures, brokerage says.
Parakou Shipping's CC Liu dies Hong Kong Shipowners Association pays tribute to founder of bulker and tanker group.
Analysts positive on dry cargo stock retreat Trio of leading analysts decline to ring alarm bells following pullback in bulker stocks and rates.
Crew rescued after cargoship sinks Oil sheen spotted after Fortuner developed crack off the Philippines.
Sea Trucks enters into liquidation Insolvency proceedings begin at Nigerian offshore group but operations continue as normal.
Nordic American Tankers starts 2017 in the red Suezmax specialist's adjusted numbers came in better than Wall Street analysts had anticipated.
H Vogemann heads to China for bulkers German owner reported to have booked four ships at Taizhou Kouan.
Chengxi Shipyard scoops KLC quartet Chinese yard wins four new bulkers from Korean owner.
BNSF picks up steam in Q1 Source: Angel DiBilio/Shutterstock BNSF's freight revenues from coal for the first quarter of 2017 rose 23.2 percent from last year's first ...
DP World inks MoU with India's National Investment and Infrastructure Fund Dubai-based port terminal operator and logistics company DP World has signed a Memorandum of Understanding (MoU) with the Indian National I...
European Commission approves Toyota-Vanderlande deal The European Commission (EC) has approved the acquisition of Netherlands-based Vanderlande by Toyota Industries Corp. under the EU Merger R...
Big containerships arrive on both coasts Both the Port of Vancouver in British Columbia, Canada and the Virginia Port Authority have seen record size containerships call their term...
ATSG's net earnings, revenues soar in Q1 Air Transport Services Group, Inc., (ATSG) a provider of aircraft leasing and air cargo transportation, reported net earnings of $10 millio...
Great Lakes iron ore shipments rise in April Iron ore shipments in the Great Lakes and St. Lawrence Seaway totaled 5.8 million tons in April 2017, an 8.8 percent increase from the same...
CargoLogicAir receives third Boeing 747 freighter British cargo airline CargoLogicAir (CLA) has received its third Boeing 747 freighter in the last 18 months, the company said in a statemen...
FMC reviews 24 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 24 ocean transportation intermediary (OTI) license applications and changes for rev...
Trump would 'certainly consider' raising gas tax President Donald Trump said he would "certainly consider" raising the federal gas taxto fund infrastructure development during an interview...
ANALYSIS: Traders looking past US crude draws amid major selloff - Strong US refinery activity stokes oversupply concerns - Money managers bearish across oil futures complex - Traders downplaying streak of crude stock draws
Oil futures rise slightly on possible OPEC supply deal extension NYMEX June crude settled 21 cents higher at $46.43/b. ICE July Brent settled up 24 cents at $49.34/b.
Panama Canal Gatun locks maintenance postponed: authority Routine lock maintenance that had been tentatively scheduled to begin Tuesday has been postponed. No date has been set for the maintenance.
St. Petersburg bunker prices hit 5-month low on falling crude The Russian Baltic port of St. Petersburg is experiencing the lowest price levels for 380 CST fuel oil, used as bunker fuel for shipping, for five months
ANALYSIS: Iraq's rising fuel oil exports a sign of refinery issues, growing militias - Iraq reduced fuel oil injection into crude stream this year - Now exporting 200,000 mt/month from Khor Al-Zubair - Fuel oil shipped to Fujairah and then Singapore
External: Praxis Energy Agents S.A
External: Wired Bunkering
FUTURES: Crude remains higher on Saudi minister's comments
ASIA FUEL OIL MOC: Fuel oil loadings completed for 3.037 mil mt traded in Mar The loading activity has taken place mostly at terminals in Singapore, and southern Malaysia, which are in the Straits region.
ANALYSIS: As prices fall, OPEC looks to Q3 for optimism - OPEC officials maintain market is rebalancing - Cut extension details still in flux - Market has priced in extension, say analysts
Saudi Oil Minister Falih confident output cut deal will be extended by 6 months or more
India's HPCL mid-May bunker stock arrival to ease Mumbai tightness About 10,000 mt of 380 CST bunker fuel was loaded from HPCL's refinery in Visakhapatnam Thursday.
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