Cosco Shipping Energy Transportation mulls large tanker orders We are studying but nothing has been decided yet, says CSET president
Industry in the dark as Spanish port reforms move forward Countdown for Spanish government to sway parliament begins as trade unions warn of future strikes
Euroseas trims losses as it hunts further vessel buys Greek owner keen on using stock for deals either large or small
Investment returns and claims climate boost P&I club results Skuld, Britannia, Gard and Steamship all book improved 2016 performances
TEN cites high charter cover in profitable quarter Solid results achieved despite 'challenging' market but Greek owner expects rates market uplift
Global Ports IPO lands £154.5m public offering Global Ports Holdings remains majority shareholder as listing launches at £0.74 and unconditional trading begins May 17
Triple whammy for box lines as congestion spreads through networks Phase-in of new alliances, severe weather and cargo surge combine to worsen delays as ripple effect hits schedules
New era beckons as Euronav VLCC is first to load US oil Vessel will load crude at Corpus Christi port in 10 days, breaking new ground
From hype to reality Lloyd's List is set to cut through the digital cloud at Nor-Shipping to establish the real business impacts of the latest wave of technologies
V.Group hires former Maersk boss as interim chief Clive Richardson to depart after six years with a replacement expected in the fourth quarter
Evergreen Marine profit lifts it to top of Taiwan boxship big three Company returns to the black with first-quarter $5.6m
HHI union and management deadlocked over wage talks A year of negotiation covering 78 meetings has still not produced agreement
Westports container volumes to peak in second quarter, analyst says Volume loss from CMA CGM and UASC in second half will be partly offset by more demand from Cosco, OOCL and Evergreen
HMM to sign deal on Monday to acquire Hanjin's Spanish terminal Total Terminal International Algeciras to be bought for $104m after regulatory conditions are satisfied
Hapag-Lloyd net loss rises in first quarter Updated: Haben Jansen 'cautiously optimistic' on 2017 outlook
Keppel O&M to build up to four boxships for Pasha Hawaii Vessel deliveries expected over the first and third quarters of 2020
Cruiseship demand continues to drive Fincantieri's revenue growth Shipbuilder has inked agreements for up to 19 vessels so far this year
Increased vessel speeds will cap dry bulk freight rates Rates to improve over the next 12-18 months, says Pioneer Marine head Pankaj Khanna
New Navios container 'growth vehicle' eyes Norwegian OTC listing Boxship entity to raise $75m in equity to fund 14-vessel Rickmers Trust fleet and further acquisitions
Maersk mulls single bottom line for Transport and Logistics division Danish group questions need for separate profit and loss figures for its companies as integration progressess
Keith Denholm exits Castleton Commodities Keith Denholm, Castleton Commodities International's top shipping man, has left, according to an update to his LinkedIn profile. The managing director had spent five years and nine months as head of freight trading at the Connecticut trader, which was previously known as Louis Dreyfus Highbridge Energy. Denholm and a Castleton spokesman could not be immediately reached for comment, and details o
DHT Holdings 'firing on all cylinders' Executives continue to talk expansion in shareholder letter out of the NAT play book.
Pittas sees 'modest' pace of rebound as Euroseas trims loss New York-listed bulker and containership owner's chief executive still looking for opportunities for growth.
Finance strong as Clarksons makes 'encouraging' start Upturn in capital markets activity continues to aid London-listed shipbroking giant.
TEN says it will 'hit full throttle' in 2017 Owner looks forward to final newbuildings after strong first quarter performance.
Clarksons: GulfMark should not fear the reaper Analyst believes there is plenty of upside when OSV owner emerges from bankruptcy restructuring.
Yara set to build first autonomous vessel Agriculture company targets reduction of diesel truck haulage with 100% electric feedership.
Korea's SK Shipping eyes IPO Tanker, bulker and LNGC owner plots listing within five years, report claims.
Hapag pays juicy rate for Capital ship Evangelos Marinakis has successfully completed the acquisition of five neo-panamax boxships previously in the Hanjin Shipping fleet and has already fixed the first to Hapag-Lloyd at a juicy rate. Market sources say the 9,954-teu Athenian (ex-Hanjin China, built 2011) has been fixed by Hapag-Lloyd for four to six months at $33,000 per day. The deal provides further evidence of the ongoing resurgen
Roth returns for more Songa Bulk stock Director adds shares worth around $1m in Herman Billung-led bulker asset play.
Ancora snaps up Marenave tanker Greek owner keeps expanding its fleet through deal with restructuring German company.
Banks move in as Tidewater agrees bankruptcy deal US offshore giant reaches agreement with creditors to restructure finances and wipe out $1.6bn of debt.
Saudis aim to recapture key Yemeni port Coalition to launch attack on Houthi rebels in Hodeidah.
Global Ports starts trading in London Expanding cruise port operator enters new chapter as a listed company and eyes further growth.
Fjord1 continues to increase profit Norwegian ferry group made $11m in the first quarter.
Titagarh bags barge, research ship orders Indian yard inks contracts worth $26m.
Bulker attack thwarted off Iran Evasive moves deter three skiffs and mothership off Bandar-e-Jask.
Kyoei Tanker posts drop in earnings Japanese VLCC owner weaker in year to 31 March despite a rise in revenue.
Namura Shipbuilding falls into the red Japanese shipbuilder clocks up full year loss with more to follow in the coming 12 months.
Fincantieri on the rise thanks to order frenzy Italian shipbuilder pushes up its first-quarter revenue and plans to hire 400 more people in Italy.
Hapag focuses on UASC merger as loss widens A sharp increase in bunker prices offsets boxship rates recovery for German owner.
Marenave plots new fleet as car carrier sold German owner continues disposals as it refinances with Offen Group cash.
Dof Subsea charts return course to Oslo Stock Exchange Almost a decade after being taken private the company is eyeing a new listing.
Ezion Holdings falls to $12m loss Singapore offshore operator hit by falling revenue in first quarter.
K Line merging shipmanagement arms Japanese owner bringing together car carrier and bulker operations.
Bonheur eyes bond sale as it posts loss Fred Olsen holding company to tap Oslo market for fresh funds.
Angelicoussis VLCCs secure refund guarantees Agreement by DSME's largest creditor ends stand-off that threatened newbuilding order.
Expanded fleet helps trim losses at Pioneer Pankaj Khanna-led owner says fixtures are now profitable, not just cash flow positive.
Vard Holdings slips to first quarter loss Singapore-listed shipbuilder hurt by weaker revenues, but insists improvements are on track.
Maersk drops heavy fuel oil alternative Danish container behemoth says it will stick with low-sulphur fuel to meet IMO 2020 deadline.
Panama Canal transits up 7% in April The Panama Canal in April 2017 saw vessel transits increase 7 percent to 1,016 ships compared with the same 2016 period, according to the l...
Executive Moves: Peel Ports, V. Group, AWO, IARW and WFLO Source: Pressmaster/Shutterstock Peel Ports, V. Group, the American Waterways Operators, the International Association of Refrigerated Wareh...
Hapag-Lloyd sinks deeper into the red Hapag-Lloyd, Germany's largest container shipping company, recorded a net loss of 62.1 million euros (U.S. $67.9 million) for the first qua...
Oakland volumes grow 4% in April The Port of Oakland's terminals handled 196,247 TEUs of containerized cargo in April 2017, 4 percent more than in the same 2016 period. Th...
Schneider profits drop 20% in Q1 Schneider National, Inc. reported a profit of $22.6 million in the first quarter that ended March 31, 19.8 percent less than the $28.1 mill...
Virginia box volumes up 4.6% in April Port of Virginia terminals handled 225,196 TEUs of containerized cargo in April 2017, 4.6 percent more than in the same month a year ago, a...
Uber hits speed bump in European Union Uber Technolgoies Inc. suffered a legal setback in the European Union in its fight against being regulated as a traditional taxi service. ...
Spot rates slip on major trades The Shanghai Shipping Exchange's Shanghai Containerized Freight Index fell 3.3 percent since last Friday's reading of 894.43 to a reading o...
Amazon sued for 'bullying' carriers, unpaid fees Less than truckload (LTL) carrier Central Freight Lines is suing e-commerce giant Amazon.com Inc. for unfair contract terms and outstanding...
TANKERS: Baltic-UKC Aframax route hits 8-month low on weak demand The Baltic-UKC Aframax route, basis 100,000 mt, was assessed by S&P Global Platts at $4.75/mt on Thursday, the lowest since the route was assessed at $4.59/mt on September 5 last year.
ANALYSIS: OPEC contends with data cacophony as it reviews output cut - OPEC juggles uncertainty on US output, global demand - Libya, Nigeria recoveries could complicate picture - Cut rollover expected, but winter meeting
Gibraltar sees slight bunkering delays amid high demand The Mediterranean bunkering hub of Gibraltar is seeing small queues for the third day running, amid high levels of demand.
REFINERY NEWS: Maintenance works ongoing at Total's Leuna refinery: traders
INTERVIEW: India's Adani Bunkering targets 1.5 mil mt of sales in 2018 Adani plans to charter more bunker barges too.
External: Wired Bunkering
FUTURES: Crude steady in Asia amid lack of fresh market cues
OPEC admits collective effort still required for market rebalancing - Revises up 2017 non-OPEC supply on US, Brazil growth - OPEC produces below 32.5 mil b/d ceiling for first time - Saudi Apr output rises to 9.946 mil b/d - Iraq, UAE remain non-compliant - Analysts expect production cut rollover at May 25 meeting
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.
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