Diana fixes three panamax charters at higher levels Deals to generate almost $10m for the minimum employment periods
Global ship financing hits 10-year low European banks see steep decline as Asia increases global share
South America keeps handysize bulkers afloat Clear divergence between Atlantic and Pacific trades emerging as gains linked to South America while Pacific remains quiet
ICTSI signs MoU to deepen Congo River Dredging project to eliminate current draught restrictions
Price for OOIL acquisition higher than expected, but 'still reasonable' Analysts say the $6.3bn takeover is a good deal for OOIL shareholders
IMO supports protection of Arctic from heavy fuel oil IMO to hear measures for HFO risk reductions next year
IMO steers away from Europe's fuel data retrieval system Member states choose simpler verification process over EU-backed methods
Hapag-Lloyd inks $320m leaseback deal with Bocomm Leasing Deal will involve eight 8,000 teu-9,000 teu containerships
DP World Australia inks pact with Cosco Shipping Group to provide stevedoring services to Chinese shipping giant in Australia
Triyards warns of loss for quarter ended May 31, 2017 Shipbuilder is also seeking extension from Singapore Exchange to report its results
Jeremy Nixon picked as chief executive of new Japanese container line NYK executive who is a UK national appointed chief executive of ONE alliance, which will start operations next April
CMA CGM raises $741m through note offering Proceeds will be used to extend the group's debt maturities
Neuberger Berman culls Teekay LNG stake US financial firm had second largest stake in Vancouver-based shipping company as of last year.
Kayne Anderson cuts its Dynagas LNG stake Alternative investment manager's stake in LNG partnership less than half of 2015 level.
ICS and Liberia flag back IMO moves Last week's resolutions on greenhouse gases and ballast water draw industry support.
Qatari ships can transit Suez, but not make call Middle East diplomatic crisis drags into another month as Egypt continues to take hard line on shipping.
Clarksons Platou Securities upgrades VLGC giants Buy ratings for Avance Gas and BW LPG come with major wave of newbuildings soon to pass.
Lumar appeals for release of detained captain Swiss company calls on Greek authorities to release master held in Athens since May.
Total takes Bibby Marine SOV Damen newbuilding chartered by oil major for up to three years.
Unicorn Shipping offloads oldest medium range products tanker South African shipowner has sold a tanker that has been on the market since last summer.
Diana lands better rates for three bulkers New York-listed owner locks two panamaxes and one kamsarmax into long-term deals.
Drugs ship to be scuttled Miami authorities will sink Lady Philomena following cocaine seizure.
Croatian cruiseship visits fall away Port calls dropped 18.5% in first five months of 2017.
Wilmar enters kamsarmax arena with double buy Brokers note transaction reflects a continued softening of bulker steel values.
Three HHIC workers injured in blast Sparks may have caused explosion at Subic Bay shipyard in the Philippines.
2Go trading halted after results restated Dennis Uy ro-pax group declares lower earnings and a loss after audits.
Clarksons: Orders threatening recovery is 'fake news' Analysts at Clarksons Platou Securities are looking into the future with optimism.
Gulf Navigation targets 20-strong fleet by 2020 Dubai-based shipowner want to double its tally as it hires bank to handle its $250m sukuk bond.
'More insolvencies loom for OSV owners' AlixPartners claims there will not be enough work for all players going forward.
Conrad yard founder dies at 101 John Parker Conrad established US shipyard group in 1948.
BoCom to buy $500m of Hapag Lloyd steel Leasebacks for at least five ships in the 8,000-teu bracket are in the bag after a Chinese-German tie-up.
DNB: IMO ballast call to cut tanker scrapping Two-year reprieve means dry dock and not the scrap heap is more likely destination for veteran tankers.
EMES Feedering launches African runs Turkish line enhancing Tangier network with trio of loops.
Cosco deal 'a massive win' for Tung family Analysts believe other shareholders should follow founding family and sell out to Cosco.
Jeremy Nixon lands top job at ONE Japan's big three pick NYK liner chief as CEO of merged boxship operations.
Vinalines valued at $737m for IPO Vietnamese owner submits figure to government for approval before stock sale.
Chinese owner orders icebreaker from Damen Shanghai's Rainbowfish to operate polar vessel from 2021.
Lack of vessel sales dents Globus result US-listed bulker owner is keeping its eye out for longer-term employment as market improves.
Noble shares rally on stake building talk Singapore-listed commodities giant also said to be asking banks to waive debt covenants.
Triyards in third quarter profit warning Singapore-listed shipbuilder also faces major impairments on property bought in US in 2012.
Tanker skipper dies after heart attack Perseveranza -owned clean tanker suffers tragic loss off coast of South Africa.
Port of Oakland box volumes up 5.1% in June The Port of Oakland handled 204,255 TEUs in June, up 5.1 percent from 12 months prior, according to data provided by the port. Full contai...
Special Coverage: The two-headed dragon photo by: FON.TEPSODA / SHUTTERSTOCK.COM How's this for a carrier's nightmare scenario? Your shipper customer keeps a vendor scorecard, and...
First French LNG-powered cruise ferry set to sail from Ouistreham in 2019 The vessel Honfleur is set to become the first French cruise ferry to be entirely fed off LNG as a result of a multiyear contract between Total Marine Fuels Global Solutions, Brittany Ferries, Dunkerque LNG and Groupe Charles Andre, Total said in a statement Monday.
Oil complex holds slightly higher with focus on Libya, Nigeria Oil futures reversed course Monday to eke out increases, with NYMEX August crude up 17 cents to $44.40/b, as attention turned to the possibility of Libya and Nigeria being placed under OPEC's supply cut agreement.
Iberian Peninsula LNG bunker demand to reach 2 mil cu m/year by 2030: DNV Demand for LNG as a marine fuel in the waters around Spain and Portugal could rise to as much as 2 million cu m/year by 2030, according to a study published by classification society DNV GL Monday.
Ningbo-Zhoushan, Marseille Fos, Vancouver ports join LNG Bunkering Port Focus Group Singapore, the world's largest bunkering port, has been at the helm of the initiative to promote LNG bunkering.
External: Wired Bunkering
UPDATE: China's Cosco, SIPG offer $6.3 billion for Hong Kong's Orient Overseas Some bunker players fret over impact of growing consolidation on marine fuel demand.
China's Cosco, SIPG offer $6.3 bil for Hong Kong's Orient Overseas The offer, valued at about $6.3 billion, would catapult the Chinese box shipper into the world's third-largest shipping line.
India's IOC strikes first import deal for US crude, buys 1.6 mil barrels of Mars for Oct "The way the economics is working out, we are finding it viable to buy more crude from the United States," Sharma said.
Russia sees OPEC/non-OPEC deal as effective, Libya, Nigeria concerns percolate - Officials say no Libya, Nigeria proposals offered - Libya, Nigeria output 380,000 b/d above October levels - Russia says "ready to consider partners' proposals"
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