Navios takes first five Rickmers Trust containerships Angeliki Frangou-led owner focuses on takeover of another nine boxships under master deal
Electrifying revelations How is shipping to to achieve the ICS target of cutting emissions per tonne-km by at least 50% on 2008 figures, by 2050?
Sky high Europe-Asia rates the 'new norm' Maersk's European chief says demand for European goods from Asia's rising middle class will only continue to drive upwards
Ailing capesize market loses upward momentum Overall slow Chinese demand hurts owners even as longhaul bauxite trade supports tonne-mile demand
Desperate owners sacrifice VLGC rate levels to clear open tonnage Spot market pressure builds as vessels jostle for position, making life difficult for owners
Barge delays of several days at Rotterdam World Gateway Intermodal operator Contargo outlines contingency plans after new alliance schedules disrupt RWG container terminal
VLCC heading into US terminal, says Euronav's Rodgers Very large crude carrier Anne will load US oil today in historic trial
BW LPG board member Benny resigns Dato' Benny is a founding member of law firm Joseph Tan Jude Benny
Rickmers rebels have blocking minority, insists ringleader Give us more cash or we scupper survival, French fund manager threatens
Alliances under the regulatory spotlight Opinion: Cargo interests press for greater oversight as the scale of new groupings creates competition concerns
Ecdis can be 'the brains' behind automated vessel operations Transas chief Frank Coles says electronic navigation systems are paving the way for fleets to be managed from shoreside centres
Regulatory worries keeping handy sector orders in check A leading owner thinks uncertainty about the effect of emissions regulations could save handysize ships from a round of over-ordering, even if rates improve enough to put new vessels back in the money.
Knutsen bags Chevron high-spec suezmax
Oil output curbs pose challenge for tankers But resumption of Nigeria exports and new US loadings may help ease 2017 pain
Profitable start for Fredriksen's Arctic Shipping
Released SFI boxship finds employment with MSC Deal done as rally in containership charter market starts to run out of steam
Enesel adds third VLCC to Hyundai series
CMA CGM takes Zodiac Maritime boxship pair
Falling prices tempt TCC to ink VLCC orders Hong Kong owner books VLCCs in South Korea where hungry shipbuilders are now offering some of the most competitive prices around
Stealth fixes aframax out for three years
Vale resumes shipments using controversial VLOCs Brazil miner starts loading contentious conversions again but doubts hang over how many of the 17 ships it will keep
Chinese leasing houses take the lead in dry bulk projects Institutions are increasingly planning their own newbuilding programmes but are struggling with stricter internal risk controls
Shipowner pair mooted for Endesa LNG vessel charter Norwegian company tipped as favourite to ink long-running business for one of three vessels
Teekay bags LNG 'first' with Osaka Gas
Damaged LNG carrier enters Singapore dock
Gail asks owners for extra time on LNG ship tender Rates and vessels for three-year time charters said to span a wide offering
Demolition sale of GSP Falcon stirs controversy Sale of offshore vessel for demolition in India appears to breach European law on the export of hazardous waste
Sanko seizes JIT funds ahead of arbitration fight
Union Maritime inks MR tankers at Hyundai Mipo Growing company books up to four newbuildings for around $128m at Hyundai Mipo Dockyard after series of secondhand deals
Champion gets firm price for veteran tanker
Galbraith's opens doors in Oslo with Winje and ABG Sundal Collier on board Winmar veteran to lead newbuilding activity from Norwegian capital in move that also deepens finance business.
Athens exchange in final stand with Ariston exit Roussos family takes listed dry bulk venture back into private hands
Sweeping exceptionalism puts shipping in dangerous waters Shipping has been around longer than most industries but does that give it the right to regard itself as exceptional?
German shipping will be badly burnt if Rickmers goes down in flames Crunch bondholders' meeting in airport hotel next week will determine the fate of Rickmers Group, and with it the trajectory of Germany's battered shipping cluster
Niovis vintage bulker finds trading buyer
StealthGas beats Street with record revenue Harry Vafias-led owner's earnings per share three cents ahead of consensus in first quarter.
Costamare nets $110m from upsized share offering Share price drops by one tenth on New York Stock Exchange as equity raise prices at 8.5% discount.
NAFTA trade exceeds $100b in March Photo: Ronnie Chua / Shutterstock North American Free Trade Agreement (NAFTA) trade valuesgrew 10.9 percent year-over-year in March to $100....
House T&I Committee proposes new restriction on liner carriers Major changes to liner shipping regulation have been proposed by the Transportation and Infrastructure Committee of the U.S. House of Repre...
Tulsa Port of Catoosa tonnage soars in April Total barge tonnage at the Tulsa Port of Catoosa shot up 29 percent in April 2017 compared to the same 2016 period, according to recent por...
U.S. e-cigarette imports top $342 million in 2016 The Government Accountability Office (GAO) recorded $342 million in e-cigarette related imports during 2016, which resulted in $9 million i...
Australia drops farm export subsidies Australia became the first World Trade Organization member to eliminate its farm export subsidies, meeting its obligation to the 2015 Nairo...
Strike in Chile slows border crossings, freight movement Customs officials within the National Association of Customs Officers (ANFACH) in Chile went on strike earlier this week, causing major dis...
Euroports pours investments into sugar terminals Global port operator Euroports is aiming to take advantage of the upcoming liberalization of the European sugar market by investing in exis...
Port of Seattle contributes to rail overpass project The Port of Seattle Commission on Tuesday agreed to provide $595,000 to help fund a highway overpass in Kent, Wash., in order to reduce con...
Air Transport: Short-term solutions, long-term problems The International Air Transport Association (IATA) recently reported the largest increase in air cargo tonnage since 2010. In March, worldw...
Piraeus bunker market braced for tightening barges The busy barging schedule at the weekend will come after some delays loading at the refinery Wednesday night, sources said.
Oil futures plunge as OPEC decides against deepening supply cuts The deal commits OPEC and 11 non-OPEC producers to maintain cuts of nearly 1.8 million b/d through March 2018.
External: Wired Bunkering
OPEC set to roll over same output cuts for 9 months: Saudi Energy Minister "The plan now is to stay steady and go through the nine months and monitor," Falih said.
IEA says IMO should take "proactive action" to reduce greenhouse gas emissions Raising EEDI, introducing mandatory standards on operational efficiency, pricing GHG emissions and more engagement by ports also recommended.
FUTURES: Crude higher as investors await Vienna summit outcome
- 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
