Frontline defends its move for VLCC newbuilds New orders are isolated deals and main focus is still on buying ships on the water, claims tanker giant
Dragon Boat Festival ensures supramax bulker slide Any chance of a recovery nipped in the bud by holidays in China, Taiwan and Hong Kong
MSC signs concession agreement to develop Côte d'Ivoire terminal Investment aims to make San Pedro Container Terminal a major transhipment hub
Hyperloop on verge of major shipping partnership Newcomers with floating trains in a vacuum look to make friends among the industry with floating ships on water
What is driving digital platforms? While demand may not be spurring the growth of data-sharing initiatives, data is becoming more valuable
Wilhelmsen chief calls for Silicon Valley mindset Shipping industry needs to speed up and be willing to try new things in the digital age, says Thomas Wilhelmsen
Euronav and rivals prepare for the upturn Out with the old as tanker companies mould modern crude fleets
KHI confident in China gas play Japanese industrial giant moves gas-related shipbuilding operations to Nacks and Dacks
Container market healthier than lines' results suggest Better results likely to emerge in second quarter due to higher rates and demand growth
Hapag-Lloyd shareholders approve capital increase Newly merged company to use consolidation experience to integrate UASC
Frontline has plan B if it can't snare DHT John Fredriksen's Frontline sees opportunities to grow even if it fails to merge with DHT, which looks increasingly likely
Vard wins krill fishing vessel order in drive to diversify Shipbuilder cutting reliance on offshore vessels amid industry woes
BW LPG is 'cautious' over outlook as profit falls 87% US production remains key to sustained rebound in VLGC trade, company says
Nordic American Tankers expects weaker second quarter Chief executive Hansson says company is in strong position after share price falls
Hanjin continues to drag on Danaos profit Athens-based boxship owner reports 58% drop in net income, but sees some recent gains in rates.
Nor-Shipping: owners counsel order restraint Tsakos and others discuss how to cope with coming changes to the shipping industry.
Top Ships buys stake in Pistiolis-owned ship New York-listed tanker owner says it now has 90% stake in 'eco' MR newbuilding.
Methane leak blamed for Tamar explosion Marshall Islands Administrator warns shipowners to check gas detection procedures after two killed in blast.
Vartdal: Opportunities for women abound Golden Ocean Group chief executive says industry's door open to women, but women have to say yes when opportunity knocks.
Banks back higher ship recycling standards Lenders pledge to promote better environmental standards and tracking of hazardous materials.
Kristian Siem takes a swing at banks Nor-Shipping: Norwegian investor says lenders' decision making at fault in downturn.
Norwegian fleet at record high Norway's shipping fleet is today larger than at any time in the nation's maritime history, said the country's shipowners' association chief as Nor-Shipping kicked-off in Oslo. At a welcome dinner at the Norwegian Shipowners' Association (NSA) headquarters, Sturla Henriksen recalled that the maritime industry was influential in the separation with Sweden in 1905 and the first two presidents of the
DNV GL: Fleet monitoring 'more than just academics' Getting the best "bang for your buck" out of the fuel you burn is key for fleet performance management (FPM), according to the experts. Even when fuel is not so expensive, the drive for efficiency is still "highly relevant", says DNV GL principal FPM consultant Petter Andersen. He told an ImmediaSea forum at Nor-Shipping that the key to getting more out of fuel is knowing exactly where the energy
Norway cashes in on maritime heritage Yesterday the Bank of Norway released a new series of banknotes featuring iconic ocean images that aptly tied in with the first day of Nor-Shipping. On the front of the new NOK 100 note is a bold front-on artwork of the Gokstad Viking longship, with a feinter image of an Ulstein X-bow in the background - ancient and modern representations of Norway's deep littoral culture and tradition of maritim
Deadline set for Swissco rescue plan Singapore court says judicial managers have until September before meeting creditors.
DryShips returns to bank borrowing with $150m VLGC loan ABN Amro and Kexim provide George Economou-led company's first bank loan since 2014.
Costa to recruit 4,500 Italian crew Carnival unit reaffirms domestic commitment as fleet expands.
SFI: Seadrill still paying charter fees Fredriksen company hopes sister operation can finalise restructuring soon.
Peace Boat inks deal for Ecoship project Japanese cruise organisation picks Finland's Arctech Helsinki for "game-changing" cruiseship.
Marco Polo wins more time Singapore owner's court hearing for legal protection delayed by a month.
Tonnage-hungry Songa adds $75m firepower Arne Blystad-backed company successfully completes bond issue and eyes further acquisitions.
Essar Shipping loss grows in fourth Indian owner hit by mounting expenses and lower revenue.
Peninsula Petroleum secures new $200m loan UK bunker supplier replaces ING-led facility with fresh cash.
SCI profit plunges in fourth quarter Indian state shipowner hit by higher costs, but liner loss falls.
Bernhard Schulte opens Mexican centres German ship manager bolsters its Latin America presence with new brands in Mexico City and Ciudad del Carmen.
Standard Drilling turns a profit from PSVs Oystein Spetalen's investment company in "good position" for further distressed buys.
Farstad profit soars but operating loss widens A one-off accounting impact lifts shipowner's bottom line but market remains challenging with 14 idle ships.
Frontline fixes $221m of finance as profit plunges John Fredriksen tanker company taps ING and Credit Suisse for resale and newbuilding loans.
Nordic Shipholding slips to first quarter loss Weaker freight rate environment takes its toll on Danish product tanker specialist.
Transparency call from US Coast Guard The technology is available today to know the impact on the environment in real time, argues USCG senior officer
Ten questions for Erik Helberg Clarksons Platou Securities chief executive talks about rising investor appetite, top tips from billionaires and why he wishes he could time travel
China to curb exports of large dredgers Beijing said to have developed advanced dredging technology that it wants to keep secret.
Vard firms up krill ship newbuilding deal Confirmation of order will add around $90m to Singapore-listed shipbuilder's backlog.
OOCL bolsters intra-Asia liner network Hong Kong liner giant looks to bolsters trade links in Southeast Asia with new services.
Drewry: Container carriers will do better in 2017 Despite an uninspiring first quarter, Drewry says it expects container shipping companies to improve their financial performance as the yea...
Executive Moves: DCLI, KCS and G&W Source: Pressmaster/Shutterstock Direct ChassisLink, Inc. names president, Kansas City Southern adds four new members to its board of direct...
CEOs urge Trump to leave NAFTA's foundation in place A group of 32 chief executive officers from major companies sent a letter to the White House, urging President Trump to move quickly on an ...
FMC's Regulatory Reform Task Force seeks input The U.S. Federal Maritime Commission's Regulatory Reform Task Force is seeking input from the ocean shipping industry on identifying burden...
FMC reviews 25 OTI license applications The U.S. Federal Maritime Commission (FMC) has received 25 ocean transportation intermediary (OTI) license applications and changes for rev...
BSM grows Latin American presence Bernhard Schulte Shipmanagement (BSM) has opened two new centers in Mexico to boost its Latin American presence. A new Ship Management Cen...
Port of NY/NJ posts record volumes in April The Port of New York and New Jersey handled 547,013 TEUs of containerized cargo in April 2017, 11.8 percent more than in the same month las...
UPS, SF Express create joint venture in China UPS will establish a joint venture with the Chinese company SF Holding, the parent company of SF Express, to develop and provide internatio...
Agility reaches final settlement with U.S. government Agility Logistics has reached a final settlement with the U.S. government over a former food supply contract it held with the Defense Depar...
Peninsula borrows $200 million to fund growth The funds "will support its growth ambition," the company said in a statement.
External: Wired Bunkering
Norway's Frontline sees more tough times for tankers but eyes acquisitions Frontline said it would continue to expand its fleet while also divesting older vessels.
ANALYSIS: OPEC/non-OPEC deal unlikely to alter crude supply strategy for Asia - Mideast producers to shy away from bigger cuts for Asia - Summer, winter demand seasons to keep inflows intact - Price differentials helping Asia buyers to diversify
External: Global Risk Management
FUTURES: Crude resumes rangebound trading amid lack of cues
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