GasLog confirms LNG tanker order at SHI The order without charter back-up reflects the New York-listed owner's market confidence
Tanker arrives in Rotterdam after New Year's Eve collision The 5,300 dwt chemical tanker was in collision with an unmanned oil platform off The Netherlands
Howe Robinson expands dry cargo exposure Company's new office in Bergen, Norway, is a sign of plans for expansion, says head of dry cargo
ICG orders $200m cruise ferry from FSG ICG to use a combination of cash and loans to finance the cruise ferry
Essberger acquires Crystal Nordic in expansion of chemical tanker trade Nordic Tankers and Embarcadero Maritime to sell 14 ice-class vessels
Transpacific rates surge on back of New Year GRIs Rates are expected to maintain upward momentum as cargo volumes increase in the lead-up to the Chinese New Year
January 2018 Dry bulkers orders will take the lead, but tankers lack support from freight markets. Dry bulkers orders will take the...
Newbuilding market recovery set to continue in 2018 Dry bulkers orders will take the lead, but tankers lack support from freight markets
China link to oil tankers held by South Korea over alleged sanctions breach Update: Trafigura denies involvement in illicit oil transfer
IMO ramps up seafarer shore leave rights New provision mandates that shore leave be granted regardless of the vessel's flag state
South Korea to create company to support maritime sector A committee will be formed to determine operational details such as its governing structure, management plan and staffing
Cosco Shipping Energy orders two tankers worth $160m Vessels scheduled for delivery by August 28, 2020 and January 29, 2021 respectively
Pankaj Khanna takes the helm at Ocean Rig Company also appoints Iraklis Sbarounis as chief financial officer and Anthony Kandylidis as executive vice-chairman
Canada hits 13th ship with speed limit fine Country's transportation agency imposed vessel speed reductions in wake of whale strikes.
Trafigura denies involvement in North Korean oil transfer Swiss trader and shipowner said it did not order the shipment of oil to North Korea.
Freese ship freed after Great Lakes grounding Handysize owned by German-based company reported to have little damage after last week's incident.
Dof wins and renews deals with Petrobras Norwegian offshore vessel owner sees contract backlog expand after latest deals with Brazil's oil major.
Matson replaces Hawaii barge with larger vessel Honolulu-based shipowner's newest ship is company's largest barge and is part of harbor improvement project.
New Aramco yard IMI names CEO $5.2bn JV with Bahri and HHI brings in Fathi Al Saleem as it focuses on 2019 debut.
KfW IPEX seals $172bn of deals in first 10 years German lender vows to forge ahead with project financing a decade after its spin-off.
Hansson sees happier New Year for NAT Latest latter to shareholders shows fresh optimism from Nordic American Tankers chief.
Quanzhou Ansheng orders 12 boxships Chinese owner renewing fleet at three domestic shipyards for $121m.
Dry Bulk heads pack as owners raise 50% more equity in 2017 Growth capital rises increase in prominence amid upturn in capital markets activity, says Fearnley Securities.
GasLog heads to Samsung for new LNGC Owner says ship is expected to capitalise on what will be a strong market in 2019.
Tanker damaged in oil platform collision Essberger vessel hits production facility in Dutch North Sea.
Howe Robinson opens up in Bergen Ex-Joachim Grieg director Sturle Waardal to head new office focused on expanding broker's dry business.
Lorentzen & Stemoco: Vitol VLGC order 'smart' Brokerage says the price of the newbuildings in weak market supports logic.
Mastek clinches ferry double Korean yard seals deal for passengerships in Tanzania.
Sinotrans: big deal for airline unit under discussion Hong Kong company says owner China Merchants plotting asset reorganisation.
Morgan Stanley sees $40m in savings from Euronav deal Fotis Giannakoulis believes transaction will change the dynamics of the big tanker market.
John T Essberger swoops for Crystal Nordic Private-equity-backed tanker company has been purchased by German shipowner.
Hammer sees seeds of next tanker upturn planted in 2018 Arctic Securities expects both supply and demand pressures from 2017 to ease off this year.
Irish Continental Group in $200m record cruise ferry order Flensburger secures contract for the largest cruise ferry in the world in terms of vehicle capacity.
Gulf Navigation gives green light to $250m issue Timing will be based on the expansion projects fresh cash will support.
SolstadFarstad strikes five-year deal in Argentina Norwegian owner sending CSV Normand Commander to work for Bahia Grande.
Cosco Qingdao orders domestic ro-pax State owner picks Tianjin Xingang yard for ferry deal.
MOL inks VLGC newbuilding deal Japanese owner's Phoenix Tankers heading to KHI for fourth gas carrier.
Yang Ming launches sub-continent service Taiwanese owner running ships from North China to Pakistan
Ezion Holdings carries out management reshuffle Singapore-listed liftboat operator undertakes shake-up of top executive positions.
Total extends Golden Energy Offshore PSV Victor Restis-backed offshore vessel operator sees French major continue to employ vessel off West Africa.
LNG ready ships made up 11% of 2017 orders Dutch LNG bunkering specialist believes 2018 is set to be breakthrough year for greener fuel.
Korean yards aim for more orders in 2018 Top three yards of Hyundai, Samsung and Daewoo said to be looking at deals worth $26bn.
WorldACD: November air cargo volumes reach new high A record in worldwide air cargo volume that was set in October 2017 has already been broken, according to newly released statistics compile...
Port of NY/NJ sets monthly cargo volume record for November The Port of New York and New Jersey has set a new monthly record for November for cargo volume activity, the port confirmed Jan. 2, During...
Liege Airport to invest $24m in cargo infrastructure Liege Airport in Belgium will invest over 20 million euros (U.S. $24.1 million) for new warehouses and handling facilities due to increased...
U.S. South Atlantic ports gear up for future growth amid strong demand As detailed in this month's feature story "Rising tide" (pg. 35-37), the U.S. port sector is booming. Steady economic growth and a strong...
Commerce amends duty rates for Canadian softwood lumber The U.S. Commerce Department is amending countervailing (CV) and antidumping duty (AD) orders on certain softwood lumber products from Cana...
CMA CGM institutes 'emergency' Greek port congestion surcharge Increased operational costs and service disruptions generated by ongoing traffic congestion at one of Greece's largest seaports, the Port o...
Sobel Shipping merges with Network Brokers International New York-based Sobel Shipping Co., Inc. will merge with Network Brokers International, Inc., to provide international freight forwarding an...
CN to acquire 200 new locomotives Canadian National Railway (CN) will acquire 200 new locomotives from GE Transportation over the next three years to accommodate future grow...
3PL Team Worldwide opening Indianapolis branch Texas-based global freight forwarder and third-party logistics provider Team Worldwide is opening a branch office in Indianapolis, Ind. on ...
US bunker prices down on first trading day of year US bunker prices dropped Tuesday, the first trading day of the year, following weakness in the broader oil markets.
Crude, ULSD futures edge lower following holiday rally Oil futures began 2018 lower as the complex fell Tuesday across the board.
Iran protests raise stakes over US sanctions Any escalation of the confrontations and government response seen as overly draconian could have implications if the US decides to cancel the Iran nuclear deal.
OUTLOOK 2018: China's product exports set to rise as Beijing eases restrictions Some estimates put export growth at 30-40% in 2018.
Pakistan restricts fuel oil imports as consumption falls Prior government approval needed for fuel oil imports.
External: Wired Bunkering
Egypt to open new Suez products import terminal by end 2018: report Egypt hopes to open its new oil products import terminal at Ain Sokhna on the Gulf of Suez by the end of 2018
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