Collaboration is necessary for IMO to address challenges of the next decade Shipping stakeholders foresee an important role for the IMO in preparing for transformation
Iran sanctions effectively back already, P&I specialist warns North Group's Mike Salthouse warns against reliance on grace period
IMO forum shines a light on a growing divide within the UN agency A split is opening up owing to the rush towards digitalisation, which assumes all countries can afford it and that...
Box freight rates could rise by 30% on low-sulphur requirements Following the introduction of the IMO's 0.5% sulphur cap in January 2020, the LNG option is looking like the most...
Contargo to serve fewer terminals at Rotterdam and Antwerp because of congestion Intermodal operator seeks to limit impact of congestion issues on its barge services at Rotterdam and Antwerp by restricting its service to individual seaport...
MSC halts Iran services as sanctions start to bite Container line calls a halt to new bookings from Iran but confirms limited services during wind-down period
NDRC gives approval for OOIL acquisition The last pre-condition yet to be met is the go-ahead from China's Ministry of Commerce
HNA refund guarantee revives Sinokor-Jinhai newbuild deal The 20-newcastlemax deal consists of four firm ships and 16 optional units agreed in a letter of intent in early...
V.Ships hires Kayser for management role Franck Kayser, formerly of CMA CGM, Nile Dutch and Maersk, has been appointed regional director of the ship management group
DSME stays in the black as operations stabilise Seoul-listed shipbuilder benefits from lower labour costs because of restructuring
Viewpoint: Customs partnership has border appeal Proposal would mean freight is not subject to new customs controls at those ports dealing with EU traffic
Fears grow for Yang Ming and HMM as carrier consolidation reaches 'end game' Entering the group of super carriers is a 'tall order', SeaIntel chief executive says
Iran and China disagree over cause of Sanchi disaster, report shows A final report has been delivered to London while disagreement on the incident cause remains, said China's Ministry of Transport
Sanguinetti named as UK Chamber of Shipping's new chief executive Remit is likely to include the advent of new revenue-generating lines of business and expanding the chamber's core training and...
EU to unveil proposal for port reporting harmonisation The Commission's suggestion is expected on May 17 and would be subject to the approval of the European Parliament and...
Statoil ordered to pay for COSL rig cancellation Statoil was reported to pay more than $490m to COSL for its termination of the rig service
ITF puts smaller tug crew and safety concerns at Panama Canal under spotlight The canal authority has launched investigations into 22 tug captains in what it calls a labour dispute
HMM stays in the red amid weak rates and higher fuel price South Korean carrier forecasts an increase in cargo volumes as it enters the traditional high season in the second and...
Navios Holdings plans to buy chartered-in vessels Greek player posts better first quarter results on higher bulker earnings and a new terminal
Morgan Stanley: IMO 2020 to bring $90 oil Investment bank sees sharp increase in demand, and prices, as shipping moves to low-sulphur fuel.
Hudson Shipping seeks $1.3m in demurrage Illinois bulker operator is suing Dubai-based Phoenix Global for 70 days of delays involving a shipment of bulk wheat from Russia to Bangladesh.
ITF calls out Panama Canal tug operations Leading maritime union says it wants to Authority to 'engage in constructive dialogue' on safety.
AVIC's profit grows in first quarter Singapore-listed shipbuilding group sees major revenue boost in project financing, ship-design and shipbuilding segments.
Hunter to tap $65m in private stock offer Newly launched VLCC venture seeks first funds as part of newbuilding programme for seven tankers.
Corpetrolsa orders three Damen tugs Transaction represents Ecuadorian tanker owner's first purchase of tugboats.
Saverys family firm CMB tipped for aframax tanker order Deal with shipyard in the Philippines would be first independent crude venture for family in many years.
Ocean Yield adds bond purse to cash from equity raise Oslo-listed shipowner taps debt capital markets to boost war-chest.
Shell fixes Siem PSV until 2025 Major decides to keep dual-fuel Siem Pride for the long-term.
Nordic American Tankers widens loss UPDATE: Evercore ISI analyst Jonathan Chappell raises earnings forecast while maintaining underperform rating.
Navios Maritime Containers sets course for US stock listing Papers filed with US regulators as swap from Oslo to New York takes shape.
Director steps up to lead Oceanteam Board member Diederik Legger to be interim CEO of restructuring OSV owner.
Ince: bulker was hit by missile off Yemen Turkish owner says Russian wheat cargo undamaged by attack.
Van Oord orders dredger double Dutch owner has option for third TSHD at Keppel in Singapore.
UK Chamber brings in Sanguinetti as CEO Gibraltar Port Authority boss replacing Guy Platten.
Borr Drilling banks $350m as growth phase nears end Convertible bond raise closes quickly as Troim-backed vehicle funds five more rigs.
Evergreen profit shrinks in costly quarter Gap between revenue and operating expenses narrows for Taiwanese line.
Statoil changes name, inks deals with Dof, Akastor Norwegian major becomes Equinor as it signs up OSV companies.
Caspian Sea tanker trade tipped for growth Bigger ships likely as pipeline flow increases, Caspian Shipping says.
Gener8 investors set to vote on Euronav deal Euronav says it is currently only 3% short of getting $504m takeover through.
ASL Marine trims losses in third quarter Cost cutting helps to stem the red ink at Singapore-listed offshore vessel shipyard group.
OCP vows to keep shipping Western Saharan cargoes Moroccan producer believes NM Cherry Blossom phosphate seizure was "isolated event."
Danko Koncar closing in on Arctech yard Croatian tycoon aiming to seal another takeover in shipbuilding sector.
High-Q enters VLCC into Navig8 pool Tanker jointly owned by Wah Kwong and Teekay has just come off long-term Cosco charter.
DSME sees first quarter profit dip on forex losses South Korean shipbuilder helped by restructuring efforts and sale of four drillships.
Keppel confirms jack-up sales to Borr Drilling Tor Olaf Troim-backed vehicle to pay about $745m for former Transocean ordered rigs.
DSV Air & Sea Panama opens for business DSV opened the doors of its new office in Panama on Wednesday. "It is a strategic decision to move into Panama. Many of our customers use ...
Maersk doubling fees for canceled, rolled cargo Maersk Lines said it is increasing both the fee charged shippers that book outbound cargo from China on its online portal ship.maerskline.c...
Industry Insider: Seeing the future of logistics Although "image analytics" may sound like yet another intimidating technological buzzword, the term has been around since the 1940s, first ...
Lawmakers push for foreign investment reform Trump administration officials continued to push legislation to reform the Committee on Foreign Investment in the U.S. (CFIUS) on Tuesday a...
Massport seeks gantry crane buyer The Massachussetts Port Authority is soliciting interest from the private sector to purchase three Neopanamax container cranes to be used a...
Judge strikes down Oakland coal ban A federal judge on Tuesday invalidated an effort by Oakland, Calif., to prevent the export of coal through a planned new bulk materials ter...
U.S.-EU aircraft dogfight ending? A nearly 12-year dogfight between the United States and the European Union over alleged government subsidies for their respective aircraft ...
Mount Vernon shipments drive Indiana ports record The Ports of Indiana report setting a record for first-quarter shipments, handling 3.2 million tons at all three ports in Q1. The Port of ...
Commerce, Science and Transportation markup set The U.S. Senate Committee on Commerce, Science and Transportation will hold an executive session at 10 a.m. Tuesday to consider the followi...
Shipowners spooked by US sanctions could hurt flows of Iranian crude to Europe European refiners are already experiencing difficulties in shipping Iranian crude
ConocoPhillips takes 'slow approach' to Permian development: CEO ConocoPhillips for now is taking a slow approach to development of unconventional oil and gas in the booming but complex Permian Basin
Record-high US crude exports pull stocks lower US crude exports jumped by 689,000 b/d last week to 2.566 million b/d, a record high
ICE Brent/WTI spread at multi-year high as US output rises The ICE Brent/WTI spread increased Wednesday to its widest level since April 2015
Fuel oil demand saw Q1 pick-up in Iraq, dips in Egypt, Pakistan: IEA The Iraqi power generation sector's demand for fuel oil rose in the first quarter while Egypt and Pakistan saw lower use
Bunker traders brace for possible disruption from weather at Shanghai North Asian bunker fuel traders are bracing themselves for possible disruption to bunkering
First Suezmax vessels booked to take HSFO east from Rotterdam for May, June The first Suezmax vessels for May and June were heard by shipping sources on subjects late Tuesday to load high sulfur fuel oil from Rotterdam for discharge in Singapore
Lack of cutter stocks eats into European RMG 380 CST reserves: traders Fuel oil traders have pinned a marginally tighter market for popular bunker fuel grade RMG 380 CST in Europe
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