LNG carrier owners bullish on 2018 market Big players expect market utilisation will recover in the second half of the year
Shipping organisations decry overbearing regulation Shipping industry has been unfairly targeted for over-zealous eco-regulations, Posidonia Week hears
Owners banking on sulphur cap slow steaming boost The 2020 sulphur cap is going to be one of the best things to happen to shipping in the past...
Nanjing Tanker applies for relisting in Shanghai Company has posted consecutive net profits between 2015 and 2017
Prokopiou blasts scrubbers in personal intervention Owner claims scrubbers only pollute the sea and questions why slow steaming is not applied to curb emissions
Enesel in stellar boxship sale to SFL Europe Greece Containers
ITIC pays out after shipbroker bungle caused loss to charterer Marine mutual made reimbursement for additional freight
Shipowners' voice needs to be heard more clearly Shipowners only have themselves to blame for not engaging with regulators earlier
Capesize risk divides opinion among owners Industry veteran Philippe Louis-Dreyfus counters capesize optimists with a claim that the market is a dangerous way to lose money...
Shipper groups fight back against carrier bunker charges Surcharges are an unwelcome reminder of the cartel era, says GSF
Posidonia told of devastating uncertainty ahead Shipowners speaking at a Lloyd's List panel at Posidonia expect regulators' deadlines to be fudged to make them more aligned...
Singapore to have LNG bunker vessels by 2020 Vessels are slated for delivery in 2020 and will be among the first of their kind in Asia
Kassidokostas-Latsis launches tanker joint venture with aframax pair New secondhand tanker joint venture will be separate to family shipping company Latsco Shipping, which will retain its focus on...
Smaller boxship owners still have role to play Consolidation among smaller-sized vessel owners is not necessary
Seatrade made a scapegoat in EU scrapping verdict A Dutch court ruled earlier this year that Seatrade violated EU waste laws with the 'intention' of scrapping four vessels
Korean Big Three to share HMM mega containership orders DSME, SHI and HHI are the selected shipbuilders to construct the 20 containership newbuildings, including a dozen of 23,000 teu...
The Lloyd's List Podcast: Live from Posidonia In the first of a special series of Lloyd's List podcasts live from Athens, the editorial team reflect on day...
Long-term bull on LNG shipping lays out his vision Macro growth and scale in an evolving market bode well for LNG shipping's pioneer, and a potential adoption of LNG...
ABS eyes 2019 for predictive maintenance Intensive machine learning over the next 18 months will build predictive capabilities
Yang Ming boxship loses containers in bad weather Taiwanese carrier stuck outside Sydney port due to a 'closure'
Wilhelmsen using Wartsila for scrubbers Ship management company says it is going with hybrid scrubber system.
Angelicoussis 'bets' on LNG newbuild prices passing $200m Greek owner says figures available from yards this year were ridiculous.
FFA 'price war' as entrants cut commissions Shipbrokers new to the derivatives market said to be cutting commissions to win new business.
Carnival dividend continues upward swing Payout for Miami-based cruise major reaches $0.50, highest level since late 2012.
Livanos: LNG will 'inevitably' fuel ships Liquid natural gas will overcome short-term hurdles and become the dominant fuel in the maritime world, says influential owner.
LNG shipping rates head to 'steady state' Greek shipowners see LNG freight rates poised to strengthen, but supply hangs over the longer-term outlook.
Livanos lashes out at 'abhorrent' use of capital markets GasLog chairman and John Angelicousis also critical of those not handling their own operations.
Golar LNG's Hilli gets customer blessing First 'proof of concept' on floating LNG solution comes after painful week for Golar shares.
Trafigura raises another $78m through panda bond Trader and owner makes second foray into Chinese debt market.
Indian master stages 15-month sit-in Nikesh Rastogi staying with abandoned OSV in UK in pursuit of wages.
No carbon-free fuel, no 50% emission cut, Laskaridis warns Tinkering with current technology is not enough to cut shipping's emissions by half, President of European shipowners says
ASM tanker refloated in Canada Inspection due on Chem Norma after it was stuck in St Lawrence for six days.
Jotun suffers drop in profit Jotun, the world's largest producer marine paint, has reported a reduced profit despite increased revenue so far this year. The Norway-headquartered company had a pre-tax profit of NOK 464m ($58m) in the first four months of this year, against a profit of NOK 643m in the same period last year. A major reason for the reduced result is the low newbuilding activity. Jotun has a market share of 30%
CSI ends $312m Chinese bond programme Cosco bulker company to examine other ways of financing push into logistics.
Sveaas' Kistefos adds $25m to bond Shipping investor's tap issue will give company cash for general corporate purposes.
Hoegh LNG confirms CNOOC charter Norwegian owner says FSRU will head to Tianjin for at least three years.
Suez Canal revenue up 14% Egyptian waterway authority banked $5.1bn in first 10 months of fiscal year.
Kalogiratos digests Marinakis VLCC orders Key executive says Samsung ships are well in the money and shares positive outlook for the end of the decade.
Shipbroker liable for fixture error ITIC reduces $500,000 claim for failure to pass on option declaration.
Chelsea: no deal for Southwest Maritime Dennis Uy company denies takeover of Philippines ro-ro owner.
Oestergaard appointed Polarcus COO Middle East owner brings in ex-Maersk Drilling executive.
Colombo Dockyard wins Toyota Tsusho order Sri Lankan yard to build two ships destined for Iraq.
Dreyfus explains capesize exit French owner says wants to concentrate on less risky drybulk vessels
CoscoCS to build $2bn port in Peru Chinese group working with miner Volcan on new terminal at Chancay.
Clean-up begins after boxes lost Residents collecting debris including emu oil and clocks from YM Efficiency.
HMM reveals split of 20-ship order among local yards South Korea's largest owner says it plans to move quickly with letters of intent just weeks away.
Singapore to have bunker tankers supplying LNG by 2020 MPA awards $4.5m to FueLNG and Pavilion Gas to drive ship-to-ship bunkering.
Ichthys LNG project set for first gas exports Japanese-backed project says first shipments of LPG and LNG would begin by late September.
Higher costs take shine off Bumi Armada results Surge in revenue at FPSO specialist held back by impairments and finance costs.
CPSC extends comment period on age appropriateness of toys The Consumer Product Safety Commission (CPSC) is extending the end date of a public comment period on draft guidelines for determining age ...
ITC: Flange imports from China injure U.S. industry The International Trade Commission has determined that imports of stainless steel flanges from China are materially injuring U.S. industry ...
Leschaco opens Barcelona office Leschaco has opened an office in Barcelona, its second new site in Spain in recent months. A Valencia facility opened in April. "For Lesch...
Leman latches onto Finnish logistics company Denmark-based Leman, a provider of logistics, transportation services and customized pharma solutions, has doubled its activities in Finlan...
Yang Ming ship loses 83 boxes off Australia A Yang Ming containership lost more than 80 containers during a voyage from Kaohsiung to Sydney last week, according to a statement from th...
Court blocks New Jersey's attempt to dissolve Waterfront Commission A federal court on Friday blocked an attempt by the State of New Jersey to withdraw from the bi-state Waterfront Commission of New York Har...
G7, China warn against U.S. tariffs Economic leaders from the Group of Seven (G7) - which in addition to the United States consists of Canada, France, Germany, Italy, Japan, a...
Tool chests from China, Vietnam harming U.S. industry The International Trade Commission (ITC) has determined that imports of tool chests from China and Vietnam are materially injuring U.S. ind...
USDA to allow tree tomato imports from Ecuador The U.S. Agriculture Department's Animal and Plant Health Inspection Service (APHIS) announced Monday that it will allow imports of tree to...
Iraq inks oil development block deals, but faces delays for approval Iraq has signed preliminary deals with companies to explore for oil near the border with Iran and Kuwait, the oil ministry said on its website Monday.
Argentinian oil refiners, producers to limit price increases through July Argentina's oil refiners and producers have agreed to limit their price increases through July, in a deal brokered by the energy ministry to try to contain soaring inflation as the economy slows.
Russian May crude output flat on month at 10.966 million b/d Russia's May crude and condensate output remained flat month on month at 10.966 million b/d, exceeding the target volume under the OPEC/non-OPEC deal for the third consecutive month, preliminary data by the Central Dispatching Unit, the statistical arm of the energy ministry, showed Saturday.
Japan's JXTG says no impact on inflows from Iran so far despite sanctions threat Japan's largest refiner JXTG Nippong Oil & Energy said Monday it has maintained its Iranian oil imports as normal, despite the US' announced reimposition of sanctions against Iran.
West Texas bottleneck weighs heavily on NYMEX crude The pipeline constraints in West Texas caused by booming oil production has emerged as the key driver behind weakening NYMEX crude futures, despite US inventory data that remains price-supportive.
Oil drops further pulling NYMEX July crude below $65/b The oil complex fell Monday, despite a weaker dollar and stronger US equities, extending recent declines as traders prepare for the potentially more supply coming from OPEC producers and Russia.
Durban bunker fuel hits record high on rising international prices Bunker fuel values at Durban, South Africa, reached Friday their highest level since their S&P Platts Global assessment began, as rising international prices outweighed low demand in the area.
Wartsila inks deal with Wilhelmsen for scrubbers maintenance The agreement will ensure the vessels comply with sulfur limits set by the IMO.
Emergency bunker surcharge needed to ensure continued service: Maersk "We are following the market trends closely, and will adjust the tariffs as soon as the fuel price drops below the beginning level of the year."
Open interest on Singapore front-month ICE middle distillate contracts rise 9% in May Open interest for the front-month Singapore 500 ppm sulfur gasoil crack against the Dubai contract posted the biggest gain.
External: Global Risk Management
FUTURES: Brent remains lower on potential increase in output Inventory data reports from the American Petroleum Institute, Energy Information Administration, due later Tuesday and Wednesday.
Singapore's MPA awards S$6 mil to two companies to build LNG bunker vessels The vessels are slated for delivery in 2020.
Key OPEC ministers tight-lipped on oil output policy after Kuwait meeting The ministers stressed the need to "maintain the existing cooperation and continue the successful endeavor carried out by the participating countries."
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