Refinery maintenance in Europe and Middle East hurts product tanker rates But negative impact is partially offset with consuming nations seeking barrels elsewhere
Rolls-Royce considers sale of marine business Company review will include moving naval marine and nuclear submarine operations within defence business and to consider whether commercial marine...
New EU waste strategy targets port reception rules New proposed anti-waste rules oblige all owners to contribute
Gothenburg posts record fall in box volumes Labour dispute continues to haunt Scandinavia's largest port, as 2017 container throughput declines 19% and ACL halts calls
Daily Briefing Maersk teaming up with IBM to develop blockchain-based products sees the software platform poised to hit the mainstream in the...
Box shipping: The big get bigger Rise in containership fleet capacity favours the large as leading lines tighten grip
WEF says cyber security tops global risks concerns Environmental, economic, and geopolitical risk are all major concerns for business, according to the World Economic Forum; however, cyber security...
Union Maritime says missing tanker targeted by pirates Twenty-two seafarers on board vessel that has been under attack for a week
Maritime services can weather Brexit storm UK-based maritime professional services will continue to shape the international marketplace no matter what Brexit deal is negotiated
Precious says poor communication behind Norway fund decision Eighty per cent of all ships are recycled on the Indian subcontinent, what we had done was no different, argues...
Lloyd's List summer internship returns for second year Applicants sought from final-year graduates across the UK and Europe
Sunken Sanchi could be leaking fuel oil Chinese maritime authorities sending underwater drones to survey the sunken vessel
FSL Trust cuts debt with vessel sale Net proceeds from disposal to be used to pay off ship's outstanding loan
Cheniere signs LNG supply pact with Trafigura Development will provide a lift to the LNG shipping market and boost spot trades
DSME in talks over Mangalia yard stake sale to Romania Move is a turnaround from original deal with Damen Shipyards
SHI chief cautiously optimistic about 2018 outlook Nam Joon-Woo says shipbuilding market bottomed out in 2016, with conditions to improve slightly in 2018
Teekay Offshore plans unit offering to raise $132m Master limited partnership expects the offering to close on January 23 this year
Diana Shipping agrees panamax charter deal with Uniper Employment expected to bring in $4.6m in gross revenue for minimum charter duration
Thomas Miller grows fixed-premium P&I book Deal with fellow insurer Navigators targets economies of scale and better customer service
GLOP raises $111m in public offering The New York-listed company sells 4.6 million shares for fleet expansion.
Maritime lawyer Melvin Tublin dies Former merchant mariner passes away at age 90.
Seacor in offshore vessel deal with Cosco New York-listed offshore vessel owner will manage eight new vessels as part of new venture.
Nigerian militants post threat to FPSOs Main militant group in the oil-rich nation says another wave of actions will be targeted at deep sea operations.
Mild winter puts damper on aframax market Freight rates for smaller tankers weak relative to year-ago levels due to vessel supply, lack of seasonal factors
CSL Group plotting purchase of handysize bulker Louis Martel-led shipowner is working on the addition of a Japanese-owned vessel.
Trucks destroyed in Stena ro-pax fire Crew extinguishes blaze on Stena Britannica at Harwich, UK.
Borealis Maritime back in buying mode with boxship double UK-based owner has added a pair of ships to its core container fleet.
Rolls-Royce could sell marine business Strategic review to be carried out due to weak offshore market.
Oldendorff steps in as capesize rates continue to retreat German firm takes cape on short period deal as physical and paper markets suffer.
Tanker taken by pirates, owner confirms Union Maritime working to resolve situation involving product carrier off West Africa.
OCIMF picks ex-Exxon man for director role New director will step in to role held by BP's head of safety and operational risk for shipping.
Oceanbulk and Augustea eye Giuseppe Bottiglieri fleet Petros Pappas and Raffaele Zagari looking to move on Italian owner's assets.
Andromeda crew remanded in custody Eight seafarers in court after Greece seized explosives on cargoship.
AET newbuilding nets long-term contract with Repsol Charter comes to light with vessel set to join the global fleet in coming weeks.
Antwerp boasts fifth straight record year Key Belgian port boosted by higher oil and boxship volumes.
Davos: Cyber and climate change now major business risks Poll of 1,000 World Economic Forum members finds rising new concern amid confidence in stronger global economic outlook
Nisshin linked to 10 more bulkers in China Japanese owner said to have signed up for ultramaxes at Nantong Xiangyu.
Morgan Stanley takes leading position in NAT Bank now holds stocks worth over $18m in Nordic American Tankers.
Socar denies confiscating Palmali tankers Azeri oil company also says it has not banned the Turkish owner's vessels from its ports.
US navy officers face charges over collisions Commanders of warships involved in fatal clashes with cargoships to be court-martialled.
JP Morgan charts dry cargo market peak in 12 to 18 months Expectation comes as analyst Noah Parquette cuts his capesize rate forecasts for 2020 and 2021.
Cargoship refloated off Sweden Worden-managed Halland had grounded off Monsteras with pulp cargo.
Looking for a handy asset play project? Cross-sector analysis by VesselsValue says smaller bulkers could be the way to go.
Quadrant fixes new Maersk anchor-handlers Two Starfish-class vessels will start work off Western Australia in March.
Yangzijiang sets up ship leasing unit Chinese yard aiming to capitalise on consolidation trend.
Oriental Energy orders VLGC newbuildings Chinese group picks Jiangnan Shipyard for new gas carriers.
Chinese yard signs contracts for ferries Guangdong Jianglong wins deal for two passenger vessels from compatriot.
State gives $117m in guarantees for Uljanik yard Restructuring finance for Croatian shipbuilder backed by government.
Third boxship jumbo job for CSIC The northern group of Chinese shipyards says it has now scored jumboisation contracts from all three of Europe's top liner companies.
Precious defends demo policy following fund ban Thai company says it has done nothing worse than most owners, including those in Scandinavia.
Navios Containership confirms latest purchase Growing boxship owner expands fleet to 21 vessels of 88,820-teu with latest acquisition.
Norway's oil fund excludes shipowners over beaching World's largest sovereign wealth fund to steer clear of Evergreen, Precious, KLC and Thoresen.
CMA CGM extends Tianjin charter, but cuts rate GSL sees rate shrink on ex-OOCL boxship as French liner giant takes it for another eight months.
SCPA's container volumes rise 9% in 2017 South Carolina Ports Authority (SCPA) handled 2.2 million TEUs in 2017, up 9 percent from record 2016 levels, the port authority reported W...
Canada lifts temporary speed restriction in Gulf of St. Lawrence The temporary, mandatory slowdown for vessels in the western Gulf of St. Lawrence was lifted last Thursday. Transport Canada had implement...
Old Dominion to use TCG for container drayage operation Thomasville, N.C.-based Old Dominion Freight Line will implement software provider TCG's Truckload Cost Information System (TL/CIS) for its...
KAG implements drivers pay increases One of North America's largest bulk transportation and logistics providers said Tuesday that an "overwhelming majority" of its customers is...
Samskip, DC ink Brazilian logistics agreement Samskip Logistics and freight forwarding company DC Logistics Brasil have inked an agreement to expand Brazilian offerings in sea freight l...
OOCL christens last G-Class containership Orient Overseas Container Line (OOCL) christened the sixth and last in its latest series of 21,413 TEU containerships on Wednesday. Dubbed...
Port of LA responds to court's ruling on SCIG project The Port of Los Angeles says that it's "pleased" with a recent court ruling regarding a planned on-dock railway, because the ruling refutes...
House passes miscellaneous tariff bill The U.S. House of Representatives passed legislation on Tuesday that promises to eliminate $1.1 billion in import tariffs during the next t...
Port of Antwerp's tonnage rises 4.4% in 2017 The Port of Antwerp handled 223.6 million metric tons of freight in 2017, a 4.4 percent increase and a record freight volume for the fifth ...
TANKERS: Severe US Gulf Coast weather delays tonnage, pressures freight The suspension of pilot services on US Gulf Coast maritime waterways Tuesday due to icy conditions, high winds and rough seas, has resulted in loading delays and lackluster trading on the Americas tanker markets.
Bullish fever in equities lifts oil futures higher NYMEX February crude fell to $63.50/b at one point, but turned into positive territory and settled at $63.97/b, up 24 cents.
INTERVIEW: Broker launches credit service to help buyers with higher costs Rising fuel bills in 2020 may cause problems for credit availability.
Malta, Piraeus bunker premiums to Med HSFO hit six-week highs Bunker fuel premiums in the Mediterranean to high sulfur fuel oil rose at the ports of Piraeus, Greece, and Malta on Tuesday due to a bearish fuel oil market.
TRADER NOTE: Bunker trader Christoffer Ahlqvist joins ScanOcean AB ScanOcean AB has appointed Christoffer Ahlqvist as head of trading, the company said Wednesday.
European refiners brace for challenges as margins start to slip Refiners on verge of run cuts, Margins fall as fuel oil, naphtha weaken sharply.
External: Wired Bunkering
External: Global Risk Management
South Korea's 2017 crude imports confirm diversification efforts Wide EFS, higher Mideast OSP differentials favor US crude intake
Singapore cracking margin against Dubai rises 6% on year in 2017 The cracking margin against Dubai averaged $5.57/b in 2017, compared with an average of $5.24/b in 2016.
Oil spill from Iranian tanker Sanchi expands in East China Sea: report The tanker carrying around 960,000 barrels of South Pars condensate caught fire on January 6 after a collision with the CF Crystal
Republic of Congo seeks imminent OPEC membership - Most of the 300,000 b/d output from Congo is exported - Follows OPEC plans by Uganda, South Sudan - Chinese refineries main buyers of oil from Congo
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