London Club sees combined ratio hit 119% Big rise in net incurred claims to blame, says Gooch
Greek owners pushing envelope on cyber security DNV GL reveals that a lot of its cyber security research resulted from requests by Greek owners
ONE joins the many with bunker surcharge Carrier to join rivals in adding charges, to be rolled out between July 1-15
Bulkers and containerships dominate scrubber uptake DNV GL expert warns of significant waiting time for scrubber installations
Marshall Islands submits safety views on 2020 fuel switch Liberia, Intercargo and other shipping entities co-sponsor flag's paper
American Hellenic says April was its best underwriting month so far Company's insured fleet rose by 43% in the 12 months to end-April, reaching a total of 2,200 vessels
DFDS completes $1.1bn UN Ro-Ro acquisition Danish group finalises deal announced in April
MSC backs scrubber technology as sulphur compliance divides shipping The world's top three container lines are pursuing different strategies as the shipping industry decides how best to reduce sulphur...
MSC's Diego Aponte warns of price dumping risks as container shipping recovery fizzles out State-supported container lines may distort the market through unfair pricing practices, says MSC as it draws attention to the ambitious...
IMO's 2020 rules favour crude and product tankers, says Wells Fargo Dry bulker and containership operators may lose out as they cannot fully pass on extra fuel costs to their customers
Expect regional fuel crunch and spiking prices, warns bunker analyst We're 18 months away from the 2020 sulphur cap and there is still a lot of uncertainty in the market...
Lack of political leadership on Brexit alarms UK shipping Critical comments from Chamber of Shipping come after earlier blast from Freight Transport Association
Japan puts WTO action over South Korea 'yard doping' on hold Scaled-back diplomatic strategy towards South Korea comes as Japan tries to charm China into joining the negotiating table at the...
From the box to the bottle: The logistics of wine Containerised wine exports are growing but service issues are giving wine makers a hangover
BSM and Columbia form joint procurement company Two shipmanagers combine forces for greater leverage over ship suppliers
Scrubber window of opportunity closing as fuel price spread widens The total fuel bill for the industry may double from $70bn in 2016 to well over $140bn in 2020
US Gulf and east coast labour contract deal reached News of a new master contract assuages fears by port stakeholders of a repeat of the west coast labour dispute...
Daily Briefing EU looks to Greek owners to push climate change agenda | Time for Posidonia to speak truth to power |...
Ioannis Martinos plans aframax pool as Signal eyes new pool concept Revolutionary Signal Ocean commercial management platform will expand to cover dry bulk as well as tanker market
The Lloyd's List Podcast: Live from Posidonia, Day 4 On today's podcast we are joined by some of the industry's leading analysts from BIMCO, NS Lemos and DVB Bank.
Waigaoqiao Shipbuilding sells Shenghui Equipment Sale will bring about Yuan20.8m net gains to SWS's parent CSSC Holdings facing delisting risks
Globus Maritime trims losses and eyes reverse split Greek owner has improved its bottom line with $1.5m net losses seen in the first quarter and remains optimistic about...
Ezion liftboat capsizes in South China Sea A towing tug was at the incident site to ensure safety of navigation and look out for any potential pollution
Eletson refinancing closer with new notes Diversified energy shipping group has nearly all bondholders agreeing on exchange offer.
Avin said to buy another Toisa tanker Latest deal comes amid string of Greek purchases of bankrupt Toisa's fleet.
ONE asking shippers for bunker surcharge Major trans-Pacific liner operator asks additional fee to cover fuel costs, which have risen 25% this year.
NAT tipped for more demo sales
Bergesen rules out return to shipping as profit triples
Panayotides says banks are happy to lend to prudent owners Pavimar Shipping boss remains upbeat about the availability of finance
GoodBulk lenders play dual role as IPO underwriters
Staff cuts position Ince to stay independent or merge Law firm slims down to stay solo but links to suitors linger
Ulstein group logs $125m in combined losses
Seaways likely to take only four of six Euronav VLCCs Shortfall in bond raise looks to have doomed New York owner's hope of buying half-a-dozen tankers as executives work on a last-ditch solution
Expanding Hellenic snaps up two tankers from Toisa Greeks continue to dominate purchases from fleet of bankrupt shipowner
Another feeder boxship on way to CMA CGM
Gard pulls off major coup to tie up huge Maersk fleet One of the hull insurance's biggest upsets is confirmed as Danish shipping giant is won over by Norwegian insurer's 'better terms'
HMM opts for scrubbers on big boxship orders
The real victims of the US trade war will be much closer to home Donald Trump's tariff increases on Chinese imports could be self-defeating and the only sufferers in the whole mess will likely be Americans
Shipper protests reveal need for new way of carrying fuel costs Rising price of marine fuels has pushed container lines to bring back emergency bunker surcharges - which has reinvigorated some old arguments
Lines cut transatlantic services despite growing cargo volumes Ocean Alliance and HMM make retrenchments amid concern over low freight rates on eastbound trade
Third cargo lined up from Golar's Hilli Episeyo
Milaha and Neu fix VLGC trio for a year
First LNG carrier hooks up with Prelude FLNG facility Shell is expected to test storage tanks of world's largest LNG floater, but there is speculation ship's call could be just a berthing drill
Marinakis joins the Greek crush targeting LNG entry Latsis then speaks about growing his gas ambitions outside of the LPG sphere
Spanish ship agency to set up LNG brokerage arm
Botas takes number of Turkish FSRUs to three with order at Hyundai Heavy
Maran Gas inks another FSRU as it sets sights on first project
Maersk's 'offshore garbage men' grab decom bull by the horns Maersk Decom's business model is all about taking over as much risk as possible for offshore decommissioning
New age in emergency response arrives Modernisation and expansion of global maritime distress alert system is agreed but safety and compatibility issues still need to be overcome
Salvors return damaged Maersk Honam to owner
Liberia hits back after union's Twitter jibe Chief executive of leading flag says Nautilus official got it badly wrong over attempt to mock registry's anniversary celebrations
MOL looks to next generation of women seafarers
Pantheon hopes for trading sale of vintage VLCC
Chem-tankers face turmoil as importers look closer to home Trade war between the US and China looks likely to compound the overcapacity facing the sector from newbuildings delivering this year
Oceangold books two more MR newbuildings at STX Greek owner exercises options, but latest tanker duo will not be part of new joint venture fleet
Vinalines eyes more disposals after handymax sale
d'Amico handymax lures Samin back into market
Hsin Chien Marine to order newcastlemax in Japan Large bulker contracted against long-term charter employment to NS United as both outfits look to boost their fleets
Saddam's yacht set to be pilots' floatel
Top Ships shares spike on $96m suezmax deal Possible four-year deal for Hyundai pair sees owner's stock climb by two thirds.
USC: 50-ship deal will be worth $600m-plus Russian yard group continues talks over dry cargo vessels for domestic owner.
Vega crewman rescued after falling overboard USCG finds Filipino in the sea five miles from Port Everglades.
Car falls into hole caused by boxship smash Demolished Suez Canal road proves a problem for waterway authority's vehicle.
DNV GL sees dramatic pick-up of scrubbers Drybulk vessels currently the single biggest adopters of scrubber technologies
WoodMac discounts LNG oversupply concerns Consultants says LNG market is "rebalancing" and will absorb next wave of US production.
Pittas hopeful on consolidation chances One of two new public platforms expected to be involved in M&A before year end despite Poseidon talks cooling.
Dof Subsea sending OSV to Nigeria Norwegian owner wins FPSO hook-up work in the third quarter.
Tallinna Sadam raises $172m in IPO Estonian ferry and ports company completes over-subscribed offering.
Grimaldi Group inks another six ro-ros in China Italian owner reported to have declared options for another $400m of vessels at Jinling.
DFDS completes $1.1bn U.N. Ro-Ro takeover early Danish owner to start integration process immediately.
Schulte and Columbia team on ship supply A day after merger of Wrist and Klevenberg, GenPro formed to "guarantee" more than 800 owners lower procurement costs.
Peter Livanos: 'Opportunities anywhere you look' GasLog chairman tells TradeWinds openings in industry are not limited to the LNG market.
Reach Subsea secures three-month charter Norwegian operator signs longer deal for construction vessel.
SolstadFarstad wins 'significant' Maersk, BP deals Norwegian owner fixes seven PSVs; adds 2,500 days to its charter backlog.
Uljanik Plovidba returns to profit Croatian tanker and bulker owner boosted by higher revenue in first quarter.
Containerships grows Med, Baltic volumes Finnish owner's EBITDA rises as revenue increases in first quarter.
Ezion liftboat capsizes in South China Sea No casualties as vessel was unmanned, but potential pollution threat from 75-cbm of MGO onboard.
Connecticut Port Authority issues State Pier RFP The Connecticut Port Authority has released a request for proposals from parties interested in developing, financing and operating State Pi...
Kerry acquires majority stake in Italian logistics provider Kerry Logistics Network Ltd. has acquired a majority stake in logistics provider Saga Italia S.p.A. Kerry Logistics said the acquisition w...
Long Beach freeway connector closing The transition ramp that connects truckers and motorists traveling east from Terminal Island along Ocean Boulevard to the northbound 710 Fr...
KLLM increases pay for company drivers Jackson, Miss.-based KLLM Transport Services LLC has announced another pay increase for company truck drivers. This latest increase, with h...
Wilhelmsen, Airbus piloting shore-to-ship drones Wilhelmsen Ships Service and Airbus will pilot the delivery of spare parts, documents, water test kits and 3D-printed consumables via Airbu...
U.S. rail volumes climb nearly 5 percent Total combined U.S. freight railroad traffic in May increased 4.9 percent to 2.72 million carloads and intermodal units compared with the s...
ILA, employers reach tentative contract agreement The International Longshoremen's Association and the employer group United States Maritime Alliance (USMX) have reached agreement on a tent...
Canada's trade deficit shrinks in April Canada's trade deficit drastically declined in April from a month prior, clocking in lower than analysts had expected as the nation's trade...
UPS Teamsters ready to strike as contract end looms Members of the Teamsters union employed by UPS and UPS Freight have authorized their respective negotiating committees to call a strike if ...
Oil recovery pushes ICE August Brent above $77/b Oil futures rebounded Thursday as the combination of dollar weakness and equity strength helped prevent further declines.
Iraq to rebuild tanker fleet, eyes oil sales on delivered basis After decades without its own vessels, Iraq is looking to rebuild its tanker fleet under the Iraq Oil Tanker Company, paving the way for sales of crude on a delivered basis.
Singapore HSFO cracks ease following near seven-month high Singapore high sulfur fuel oil cracks eased back Thursday after hitting near six-month highs Wednesday due to softer crude prices and supply tightness in the physical market.
Med/North spread at 2-year high on tight availability The Med/North spread -- the differential between 3.5% FOB Mediterranean cargoes and 3.5% FOB Rotterdam barges -- Wednesday hit its highest level for June in over two years.
3.5% HSFO Platts MOC barge traded volumes rise on closed arb east The volume traded in the Platts Market on Close assessment process for 3.5% fuel oil FOB Rotterdam barges this week increased as a closed arb east and a strong backwardation encouraged selling, sources said.
FUTURES: Oil up on geopolitical events Oil prices remain supported by robust global demand, tighter production and shrinking inventories, Phillip Futures analyst said.
REFINERY NEWS: Unions threaten fresh blockade of Lukoil's ISAB, Eni's Versalis The unions did not provide any timeframe on when the blockades might start.
SUBSCRIBER NOTE: Platts to launch Murban differential to Dubai Murban is one of the five grades deliverable into the Platts Dubai crude oil benchmark, alongside Oman, Upper Zakum and Al-Shaheen.
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