Hapag-Lloyd and UASC pass final financial hurdle Delayed merger deal pushes ahead after Qatar Investment Authority concerns resolved
MRs outperform LRs on Latin American and West African imports Opec has generally bullish expectations for demand growth of oil products in coming months
Europe to Asia ocean freight disruptions set to go on for several more weeks Capacity shortages creating supply chain challenges and buoying freight rates look likely to continue beyond the transition to new alliance schedules
Suezmaxes' rates soften as VLCCs chew up their market share But return of oil refineries from maintenance looks set to boost crude and tanker demand towards the end of second quarter
Rickmers Maritime Trust falls but Nemesis dances on Hubris meets its traditional reward, but some owners will benefit from the woes of others
Hijacked Indian dhow seafarers rescued All 11 crew members from cargo vessel Al Kausar are now safe after action by Somali security forces
Rickmers put it all on panamaxes and lost Rickmers Maritime's unsuccessful bet was that panamaxes would remain in demand
TEN starts new 'strategic relationship' with major US oil trader Koch identified by Lloyd's List's sources as the charterer of three TEN suezmaxes and one of the owner's VLCCs
VLCC earnings rise $3,000 in a day Rally injects new life into VLCC spot market
Songa Bulk clinches first capesize Fleet size grows to 10 and value tops $170m
Canadian container ports increase share of transpacific traffic US shippers continue to reroute cargo further north but a healthy economy is also driving more Asian imports through domestic terminals
MPC sets up $100m boxship investment fund New venture to target smaller boxships and 2017 IPO
K+N agrees global logistics partnership with Alibaba Existing air freight and less than container load arrangements to be grown into broader worldwide services for SME firms
Majority of DSME workers accept wage cuts Employees support shipbuilder's restructuring measures
Bourbon restructures ships deal with ICBC Financial Leasing Company to see overall cash payments decrease during 2016 to 2018
Rickmers Maritime Trust to wind up business Unitholders are unlikely to recover any of their investments, says trust
Samudera plans to buy back shares and sell off ships Company to hold meeting on April 27 to seek shareholders' approval
Westports expects moderate box throughput growth for 2017 Malaysian port operator also expects continued growth in volume for commodities such as polymer resin
JES auditor issues second disclaimer of opinion Shipbuilder's financial reports for the year ended December 2016 were incomplete, says BDO
Ocean Rig extends deadline for bondholders to accept restructuring plan Creditors of unit Drill Rigs Holding will have until April 21 to accept the conditions
Finnlines goes long-term with Alfa Laval scrubbers Ferry and ro-ro operator signs agreement for ongoing scrubber optimisation.
Princess's China-tailored newbuild to winter in Australia Carnival Corp's Majestic Princess to spend southern summer of 2018-2019 in Australia.
DryShips fixes first of four newcastlemaxes New York-listed shipowner hires out new purchase at rate about 19% above spot capesize rates.
Gordon sees continued demand growth Clarksons Research boss believes seaborne trade will continue to expand in 2017.
Blackrock adds to Gener8 Maritime stake Investor's enlarged holding in tanker owner valued at over $50m today.
Samudera plans to offload more old ships Indonesian owner is creating space for vessel additions despite 2016 loss.
Songa Bulk snaps up first capesize Arne Blystad-backed dry cargo venture takes spend beyond $170m with latest addition to the fleet.
Buss Shipping merges with Leonhardt & Blumberg Hamburg-based companies join forces and form new outfit with 55 containerships.
MPC Capital launches $100m containership asset play vehicle MPC Container Ships has raised growth capital in Oslo at a time when a market recovery is just beginning.
Ocean Rig hires bond advisors Fearnley Securities and Clarksons Platou Securities drafted to help with Chapter 15 restructuring process.
Bourbon amends vast leasing deal with ICBC French offshore giant strikes another milestone under its "Stronger for Longer" survival scheme.
Rickmers Maritime Trust to be wound-up German-backed containership leasing company finally admits defeat in battle to restructure.
Gibraltar sees close encounter of the bulker kind Japanese supramax almost runs into Greek capesize after being struck by strong gust of wind.
China-Myanmar crude pipeline finally opens Greek-owned suezmax delivers first cargo to pipeline designed to cut dependence on Straits of Malacca.
HMM VLCC newbuilds could be LNG fueled South Korean owner considering environmentally friendly power for DSME newbuildings.
Americold adds second San Antonio, Texas facility Americold has purchased a 384,000-square-foot temperature-controlled storage facility in San Antonio, Texas, which operatesas a food distri...
MSC alters Europe-Med service Mediterranean Shipping Company (MSC) will adjust its Levante Express service at the end of April, theocean carrier said Monday. The Levant...
Maersk takes delivery of world's largest box ship Maersk Line has taken delivery of the world's largest containership on Tuesday,dubbed the Madrid Maersk , surpassing the prior record set b...
Special Coverage: Port of NY/NJ prepares for larger vessels Big changes are expected in the Port of New York and New Jersey when a project to increase the vertical clearance beneath the Bayonne Bridg...
AP: FRA finds thousands of safety defects on crude routes Federal Railroad Administration (FRA) inspectors have discovered nearly 24,000 defects on rail routes used to transport crude oil across th...
China Merchants completes Sinotrans takeover State-owned conglomerate China Merchants Group has completed its merger with Sinotrans & CSC, parent company of the largest freight for...
MPC Capital launches niche boxship investment fund in Germany Independent investment and asset management firm MPC Capital AG is launching a new containership investment vehicle in Germany, the company...
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