Zodiac extends neo-panamax order at HHI to nine vessels Currency headwinds hurt Hyundai Heavy, but hope remains as environmental deadlines promise order uptick
Wet damage claims draining bulk carrier owners Almost 34% of all insured bulk carriers suffered a cargo claim in 2017, with the average claim almost $70,000
More US contribution to tonne-mile demand for clean tankers: a port level view Houston, Corpus Christi and Port Arthur will continue to lead US expansion of product exports
CMA CGM confirms $379.5m stake in CEVA Logistics Purchase paves the way for Netherlands-based company to begin trading as a publicly listed company.
Glencore expects drop in Colombian coal output Glencore maintains full-year guidance despite disruptions at Prodeco
Viewpoint: Distant horizons Yet another shipping report has been commissioned but over the years, there have been many studies, inquiries, research papers and...
Import ban on scrap ships deals a heavy blow to Chinese shipbreakers Chinese ship recyclers may be diminishing as import ban is set to take effect from end-2018
GCI acquisition boosts Seaspan's first-quarter results Chief executive Bing Chen praises benefits from acquisition of Greater China Intermodal Investments
OOCL first quarter revenue up 16% to $1.38bn Hong Kong-based container shipping and logistics services company's overall average revenue per teu increased by 8.3% compared to the year-ago...
Teekay Offshore's top accountant steps down New York-listed MLP's chief financial officer David Wong will leave for a 'new opportunity'.
Ocean Yield raises profit in first quarter Kjell Inge Rokke-based lessor buys 11 vessels while raising $96m in fresh equity for future investments.
Seaspan chair blisters former management Sokol has critical words for containership giant's former leaders as company pivots away from pure dividend-yield focus.
Star Bulk-Augustea tie-up brings consolidation to Italy, says Zagari Augustea's Raffaele Zagari believes the Italian model of shipowning is broken and consolidation is the only way forward in a changing industry
K Line turns a new green leaf on eco vessel
Shipping's leaders call for more cooperation on green goals
Alibra provides market insight - and a little workout for the brain
Shadow cast over talk of strong recovery in the suezmax market Spot rates for suezmaxes start spring at better levels, but no corks are popping yet
Lego stays in shipbuilding as Kirk exits
Clock ticks as Hansson attempts to recapitalise listed NAT Herbjorn Hansson faces tough choices as 'backstop' lending gets closer, with secured notes issue said to be the lead option
Singapore Maritime Week places city in global shipping spotlight
Cascade of capacity threatens to rebalance containership trades Deliveries of new ultra large containerships could swell global capacity by more than one million teu over the next two years, report warns
Big data takes on challenge of subsea values VesselsValue has broken into subsea after years, while admitting the limitations of big data
Norway aims to lead the charge for green shipping Norwegian minister of climate and environment Ola Elvestuen talks with TradeWinds about what roles governments can play in helping shipping comply with the IMO's CO2 reduction deal
Stena adds to innovation record with fuel frugal tankers 'MAX' concept pays off with new MRs generating higher earnings
Partnership policy at core of Stena tanker operations
Tanker markets in for a 'very, very tough' couple of years
Breakthrough in Asia fuels Maersk Tankers pool growth Recruitment drive means Asian-based shipowners now account for up to 30% of ships in the company's pools
Danish owner continues MR fleet renewal
Viken in talks with potential buyers for tanker duo
Wobensmith edges Fabrikant to become US shipping's top earner The two top shipping executives received compensation in 2017 to rival that of Clarksons' Andi Case
New Baltic Code of conduct must deliver more than warm words More than mere pledges to high standards are needed if the revised Baltic Exchange code of conduct is to be relevant and credible in today's intensely competitive shipping markets
Vroon and Marsoft fall out over box feedership sales Nord/LB bid to unwind loans through 24-ship fleet sale faces legal challenge
Kumiai Navigation orders another LPG newbuilding
Solvang on verge of inking VLGC newbuild at HHI
LNG fuelling 'to be around for several ship generations'
Sales process under way for North West Shelf's LNG fleet Data room opens and inspections set to be scheduled over the next two months
Portugal utility starts search for LNG carrier
Chartering action for LNG carriers starts to pick up But while rates have yet to play catch up, shipowners are 'holding their nerve' for a winter resurgence
Golar's Hilli Episeyo set to top up cargo next week
Hansa poised to wind down fleet further
Norden says MR purchase shows 'good timing'
Polemis VLCC heading for Pakistan as tankers dominate scrap market
Mjolner eyes expansion of niche vintage VLCC pool US company hopes to take on at least five ageing VLCCs in next six months
Flurry of LR2 charters fixed as rates hold their ground
Kyklades ties up suezmax newbuild with Trafigura Swiss trader takes Greek ship at $16,000 per day as period rates hold firm over the past week despite thin chartering volume
Downsizing Interorient sells vessel trio to Pioneer Marine
Aeolos makes its first acquisition in five years
Stamford lines up sale of modern supramax bulker Joint venture concedes deal is on the table as it starts search for bigger ships
Cape linked to Mok sold for fraction of cost
Kirby buys Targa pressure barges Houston-based tank-barge giant acquires 16 inland marine pressure barges from Targa Resources for $69.3m in response to US Gulf's growing petrochemical activity.
Product tanker variables pointing one way, says Fiori DIS chief executive sticks to positive outlook amid first quarter loss.
Spate of fixing fails to boost AHTS rates Maersk, BP and Statoil lead rush for anchor-handlers in the North Sea.
Avin International takes Toisa tanker brace Greek shipowner understood to have paid $46m for pair of ex-Toisa ships.
Drayage driver groups support PierPass changes While a proposal by a dozen marine terminals operating in the Port of Los Angeles and Port of Long Beach to modify the PierPass OffPeak sys...
Union Pacific partners in clean locomotive initiative Union Pacific is partnering with the Bay Area Air Quality Management District and Sacramento Metropolitan Air Quality Management District t...
DHL Global Forwarding adds around-the-world flight DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, is deploying a second dedicated Boeing 747-400 Frei...
Maersk's new structure relies less on freight rates A.P. Møller - Maersk's (APMM) new financial reporting structure taking effect from the first quarter of 2018 is designed to be less depende...
IATA: Air freight growth throttles back in March Global air cargo volumesticked up 1.7 percent in March, the slowest pace of in 22 months, according to the latest data from the Internation...
DSV ups expectations on strong Q1 Danish global transport and logistics provider DSV A/S saw its first-quarter 2018 profits rise 14.9 percent to 769 million Danish krone (U....
XPO more than triples Q1 earnings XPO Logistics increased its net income attributable to common shareholders more than 240 percent year-over-year in the first quarter of 201...
Delivery of air cargo screening rules on horizon U.S. Customs and Border Protection (CBP) is anticipated to release an interim final rule setting forth mandatory Air Cargo Advance Screenin...
Dye seeks forwarder, broker input in penalty probe Rebecca Dye, commissioner on the Federal Maritime Commission, on Wednesday called for full participation from customs brokers and freight f...
NextDecade pitches LNG from proposed Texas terminal to Asian buyers NextDecade proposed LNG export terminal in Texas will be able to deliver supplies to Asia for $7-$8/MMBtu, CEO Matt Schatzman told investors in China on Thursday in a bold pitch meant to differentiate the developer from competitors.
FUTURES 5: Oil follows equities, pushes NYMEX June crude above $68/b June crude rose 50 cents Thursday to $68.43/b, as the oil complex tracked broader financial markets higher, while the shutdown of the UK's Sullum Voe terminal was also supportive.
UK Brent terminal to restart loadings on Sunday after repair: operator The UK's Sullom Voe terminal, loading point for Brent crude, has been shut down due to a "minor defect" at the terminal, EnQuest, which operates the facility on the Shetland Islands, said Thursday.
Market responds 'positively' to German LNG terminal open season: operator The operator of the planned 5 Bcm/year LNG import facility at Brunsbuttel in northern Germany said Thursday the market had reacted "positively" to the open season.
Iran April oil exports surge ahead of possible US sanctions Refinery maintenance coupled with a release of floating storage volumes pushed Iran crude and condensate exports in April to multi-year highs, although output remained stable.
Bosporus reopens to tanker traffic: sources Full shipping operations resumed in the Bosporus Thursday after being curtailed by fog earlier in the day, sources said.
BIMCO approves new bunker terms for contracts to boost transparency The revision is an improvement on the previous edition, with a maximum limit on the parties' liabilities.
Singapore May ex-wharf 380 CST bunker fuel term concludes at MOPS plus $2-$6/mt Pushed up by a shortage of on-spec cargo.
REFINERY NEWS: China's Sinopec Anqing restarts units after partial turnaround The last unit is expected to be restarted May 9, a source said.
SUBSCRIBER NOTE: Platts proposes new Kozmino-North China 100,000 mt dirty tanker assessment Platts has observed growing liquidity on the Kozmino to North China dirty tanker route with ESPO crude cargoes predominantly fixed basis a stem size of 100,000 mt.
FUTURES: Crude slips on higher US stocks, but risk premium lingers "Investors remained focused on the geopolitical risks, with the impending deadline for the US to ratify the Iran nuclear deal the main focus," ANZ bank analysts said.
SUBSCRIBER NOTE: Platts to discontinue Bebatik, Manis, Brunei Light OSPs Platts understands that the OSPs for these grades are no longer being released, as the grades are not being marketed for export.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
- 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
