Crewman evacuated from burning Maersk Honam dies Four crewmembers are still missing, while 22 who were evacuated as the blaze spread are on their way to Sri...
Armed attackers board tanker off Nigeria Crew take refuge in citadel as pirates open fire and damage communication systems
Nor-Shipping boss steps down Per Martin Tanggaard appointed as director at Nor-Shipping
Clarksons wins High Court judgment after 'blackmail attempt' 'Persons unknown' barred from making use of unlawfully obtained information
Rolls-Royce's marine struggles persist Company slightly narrows losses due to cost-cutting
Barge delays continue at Rotterdam and Antwerp Contargo maintains congestion surcharge at key European ports, but hopes new measures by Dutch port community may help soon
Djibouti's Doraleh Container Terminal signs deal with PIL Move aims to increase cargoes handled at facility by 33% annually
Daiichi Chuo makes foray into large containerships business The company will establish new departments including one specialising in car carriers and larger containerships effective from April 1
SM Line launches new services with domestic counterparts The new offerings are a South Korea-Philippines service and a Vietnam-Thailand service
Cosco eyes more overseas port acquisitions Targets are primarily in Europe, Asia, and the Middle East, says chairman Xu Lirong
Fuel costs could double with 2020 sulphur cap Compliant fuel would compete with land-based demand and that is where the accelerated price differential will come into play, according...
OOIL deal will not benefit from $1.9bn private offering, says Cosco CSH will seek financing from bank loans and overseas capital markets to back the acquisition
Korea Line signs $197m deal to carry crude oil for GS Caltex Contract is for the transportation of crude oil from the Middle East to South Korea from December 31, 2019 for five...
Refineries not ready to handle low-sulphur fuel requirements Intercargo chairman John Platsidakis called for a reasonable and measured enforcement of the regulations during the initial transition period
Shippers warned greenhouse gas rules could see speed limits for ships Costs likely to rise if environmental concerns force ultra-slow steaming on to box shipping sector
Dry bulk recovery can survive US tariff threat, says Clarksons Platou The question is whether the US can manufacture enough steel to sufficiently substitute the quality of imports and to meet...
Four missing following fire on Maersk vessel Situation on board critical after crew fail to contain blaze
Gulf Navigation concludes capital raising exercise after $100m rights issue Company decides against a public offering of shares not taken up during the rights issue
Cosco Singapore completes takeover of Cogent Holdings Company has acquired all shares from dissenting stakeholders by exercising its right of compulsory acquisition
APMT looks for capital injection from asset sales Terminal operator plans sale of non-controlling stakes to optimise group cash
Shippers show little appetite for longer contracts with box lines Container line customers fear losing out during periods of volatility if tied to contracts for longer than the typical 12...
Credit Suisse upbeat on forward dry bulk Equity researcher reads tea leaves on dry bulk market with most signs pointing to ongoing strength.
International Seaways explores sale of VLCC Oldest tanker could go for demolition of further trading, market sources say.
Norwegian Cruise to build new terminal at Port Miami Miami-based cruise major will build new 166,000-square foot terminal dedicated to Norwegian Cruise Lines.
GoodBulk in the black as it closes in on full listing Busy fourth quarter ends with John Michael Radziwill-led company in profit.
Hurtigruten eyes up further polar newbuildings Norwegian owner's probability of taking up optional vessels 'very, very strong.'
Box shipping goes crypto in coin offering Copenhagen-based firm aims to cut transaction fees and offer buyers upside based on volume.
IMO's royal blessing on 70th anniversary Queen Elizabeth makes return visit to HQ 35 years after opening it.
Sweet 16 for Fincantieri and Torstein Hagen Giuseppe Bono says latest deal with Viking Cruises comes during an extraordinary moment for sector.
Excelerate Energy puts lawyer at the helm Floating regasification specialist says it has "eliminated" Rob Bryngelson's president and CEO role
Yangzijiang buys into investment fund Shipbuilder spends $111m on 25% stake in new technology backer Sushang.
Petrogress forms Nigerian shipping venture Greek tanker owner teams up with A&E Petroleum in expansion move.
Carnival open-ended on scrubbers, LNG, MGO Spokesman Roger Frizzell says Miami-based cruise major will not "get too married into anything" as IMO 2020 regulations draw nearer.
Maersk Line boxship suffers 'serious' fire in Arabian Sea Four crew missing from vessel, but 23 evacuated safely, says Danish shipowner.
Enesel ULCV tangles with pirates in Gulf of Aden Greek owned containership buzzed by two skiffs, but presence of Japanese navy scares them off.
Vard wins two more ships from Ponant Singapore-listed group now set to build six vessels, but financial details still remain scarce.
Republican senators sound alarm on Trump tariff proposal Several GOP senators, including Senate Majority Leader Mitch McConnell, R-Ky., on Tuesday, joined in warning of perceived potential dangers...
Executive Moves: REZ-1 and ATA's Technology and Maintenance Council REZ 1 , a logistics and transportation technology provider and subsidiary of Direct Chassislink Inc., has appointed Pervinder Johar to CEO...
RK Logistics' booming presence in Silicon Valley RK Logistics Group, based in Fremont, Calif., is a third-party logistic provider that has found success by targeting high-tech companies in...
Maersk vessel catches fire in Arabian Sea The world's largest ocean carrier, Maersk Line, revealed that its liner vessel, the 15,226-TEU Maersk Honam , reported a serious fire in on...
CBP pushes for more authority to thwart counterfeit imports U.S. Customs and Border Protection (CBP) Office of Trade (OT) Executive Assistant Commissioner Brenda Smith said her agency needs more auth...
Commentary: Lobbyist free-for-all can skew the bigger picture on Trump tariffs If you're not in an industry directly impacted by the domestic production of steel or aluminum, or U.S. imports of those two products, you ...
New ocean procurement tool helps small shipper act big Late last week, two of the more prominent advisory groups in global freight announced they had partnered on a new concept to help small and...
Commerce finds subsidized non-stick resin imports from India The Commerce Department has determined that U.S. imports of polytetrafluoroethylene (PTFE) resin from India are receiving export performanc...
Commerce finds dumping of silicon metal imports The Commerce Department has found evidence that silicon metal imports from Australia, Brazil and Norway are being dumped on the U.S. market...
CERAWEEK: NAFTA talks to strengthen North American energy flows: Mexican minister Oil and natural gas trade between the US, Mexico and Canada will only be strengthened as the three countries renegotiate the North American Free Trade Agreement
US crude stocks build on higher imports, production US crude stocks built while gasoline and distillate inventories both fell for the week ending March 2, Energy Information Administration data showed Wednesday.
US DATA: EIA shows US fuel oil stocks up for third straight week US residual fuel oil stocks for the week ended Friday rose for the third straight week, US Energy Information Administration data showed.
Oil succumbs to broad pressure following Cohn exit Oil futures flirted with positive territory Wednesday after the release of weekly US inventory data, but ended the session deep in the red, tracking equities lower as concerns mount over a possible trade war.
Mediterranean gasoil at parity with ULSD amid tight supplies Mediterranean 0.1% gasoil cargoes were priced Tuesday at parity with the ICE low sulfur gasoil futures -- the benchmark for ultra low sulfur diesel values -- as limited cargo availability in the region drove up differentials.
Saudi Arabia's fuel oil demand expected to rise until 2023: IEA Saudi Arabia's fuel oil demand is expected to increase until 2023, according to data from the International Energy Agency in its "Analysis and Forecast until 2023" document released this week.
Fujairah no longer world's second bunker hub after Qatar crisis The port of Fujairah has lost its position as the world's second-largest bunker port to Rotterdam after the Qatari diplomatic crisis shifted demand away from the Middle Eastern hub last year.
INTERCARGO seeks pragmatic approach for IMO 2020 global sulfur cap implementation A reasonable and measured enforcement of the regulation is necessary.
Saudi Aramco to keep 2018 LPG exports steady at 8.5 mil-9 mil mt The company expects a similar export level as 2017 and forecasts anything between 8.5 million to 9 million mt.
REFINERY NEWS: Sulfur unit flares at Motiva Port Arthur plant The flaring released less than half a metric ton of sulfur dioxide, according to a company filing Tuesday.
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