Chinese New Year dents capesize earnings But sentiment is positive for the longer term
GasLog inks extra LNG carrier order at Samsung New ship earmarked for previously announced Centrica charter as owner reports solid quarter
Lodestar agrees terms with Ryan Specialty Fixed premium P&I outfit set to be acquired by Chicago broker
Focus on the bottom line Shipowners should learn from the past mistakes of commercial banks
Asia-Europe boxship utilisation fell to 75% in fourth quarter Lines' failure to match capacity with demand is undermining pricing, including transpacific contact negotiation position
Dynagas LNG on track to full long-term employment Focus on contract coverage and cash flow visibility
Cargill looks to expand dry bulk and tanker fleets Cargill's head of shipping says in an exclusive interview that the time is right for expansion in tankers because the...
The Interview: Daniel Maffei Daniel Maffei had only been a Federal Maritime Commissioner for four months when the political landscape was turned upside down...
Jobs under threat at the Federal Maritime Commission Washington agency that regulates the shipping industry is under pressure to streamline its operations as Trump calls for cuts across...
Boutique box lines prove their worth in era of mega carriers In exclusive interviews with Lloyd's List, top executives at Independent Container Line and Borchard Lines explain how the two carriers...
Full benefits of carrier consolidation still to emerge, says Hapag-Lloyd chief Rolf Habben Jansen is confident of a light at the end of the tunnel for box shipping as M&A activity...
India on course to beat expectations for forecast dry bulk boom Latest short- and long-term indicators show predicted boom for supply of coal, iron ore and steel will be exceeded by...
Venezuelan oil exports dive further in deepening crisis But US oil embargo may lift tanker tonne mile demand, say analysts
Veteran Evalend Shipping VLCC locked into time charter Greek owner Evalend Shipping has locked an 18 year old VLCC into a time charter contract. Greek VLCC tipped for scrap sale The 309,000-dwt Najaf (built 2000) has been fixed for storage work by Al-Iraqia Shipping Services & Oil Trading (AISSOT) for five years. European shipbrokers say the rate is close to $20,000 per day and the deal is for three firm years, plus options. Executives at the Gree
Dynagas profit tumbles amid less revenue Tony Lauritzen-led LNG shipowner missed estimates as revenues fell and interest costs spiked.
Tidemand hires ABG to review his ownership of Belships Bank called in to review family position in company it has controlled since the 1930s.
GasLog: time charter market needs time to catch up Strong LNG carrier spot rates will take extra time to transfer into the period market, GasLog said today as it reported a weaker than forecast fourth quarter result. GasLog heads to Samsung for LNG carrier Peter Livanos-led GasLog is, however, confident its latest newbuilding ordered on speculation at Samsung Heavy Industries will deliver into a higher market next year. GasLog today reported a
Union Maritime boosts bulker fleet UK owner inks ultramaxes at Cosco Heavy Industry.
Andersen surveys VLGC orderbook with Vitol options 'unlikely' Avance Gas president mulls unfortunate contracting with activity expected to slow.
BLRT to modernise Spliethoff ships Contract calls for retrofitting of scrubbers and ballast water systems.
Safe Bulkers sights lower debt ahead of dividend payments Safe Bulkers plans to further improve its capital structure with a dividend payment likely to be introduced at a later date, executives say. Safe Bulkers breaks loss-making streak New York-listed Safe Bulkers is looking to take on conventional bank debt on its remaining three ships under lease financing structures, president Loukas Barmparis explains. "The most important thing is to improve our
Crewman died from chest injury on Greek cargoship UK inquest opens into death of Albanian seafarer earlier this month.
'Slow steaming could help shipping meet CO2 targets' Greek heads of lobby groups - Intercargo, Intertanko and ECSA - dismiss falling short on climate-change efforts but say there are no 'miracle' cures
Philly Shipyard lays off workers after order halted Loss of TOTE boxship deal prompts action at US shipbuilder.
Rokke's Ocean Yield raises dividend after string of deals Increased payout follows entry into VLCC and dry bulk markets in the past week.
Ex-Hercules man Rynd is new Tidewater CEO US offshore giant finds permanent successor to Jeffrey Platt.
GC Rieber sells out for summer with new CSV charter Polar Queen secures four months of work with European client.
'One bidder left' for ABG Shipyard UK group Liberty House the last man standing in race for bankrupt Indian yard.
Hedge funds stepping up shipping bets Activity increased in fourth quarter as positions taken on recovery.
Arctech in further talks over cruiseships Japanese and Chinese companies interested in contracts at Finnish yard.
Port of Rotterdam's box volumes soar The Port of Rotterdam's container throughput surged in 2017, with the port handling 13.7 million TEUs weighing 142.6 million metric tons, u...
NEWS FLASH: Steel, aluminum imports harm U.S. national security The Commerce Department-led reports into the national security impacts of steel and aluminum imports released Friday found that such import...
Container lessors post improved financial results Container lessors Textainer Group Holdings Ltd. and CAI International both improved profits in 2017 compared to the prior year. Textainer...
JD.com raises $2.5b for logistics unit Chinese e-commerce giant JD.com, Inc., which calls itself the largest retailer in the country, has raised $2.5 billion in new funding for i...
G&W invests in Cargomatic Short-line and regional railroad operator Genesee & Wyoming has made an investment in short-haul and drayage trucking platform provider...
Russia to blame for NotPetya? The governments of the United States and United Kingdom have accused the Russian government and its military of perpetrating the "most dest...
Cashmere retailer pays up in customs evasion settlement The U.S. government entered into settlement agreements totaling $908,100 to resolve allegations that United Kingdom-based Pure Collection L...
EU trade surplus shrinks in 2017 The European Union's surplus in international trade in goods narrowed 28 percent to 25 billion euros (U.S. $31.1 billion) in 2017, accordin...
New 25C gas tax for infrastructure? U.S. President Donald Trump has reportedly asked Congress to consider a $0.25 increase to the federal gas tax, the primary funding mechanis...
Cost-cutting, efficiency help offset infrastructure, political worries The North Sea oil industry is often seen as living on borrowed time, yet in the face of setbacks, including a pipeline outage in December and looming problems around Brexit, companies continue to talk up prospects for this strategic oil-producing region.
Ukraine January transit of Russian oil to Europe down 21% on year Ukraine's transit of Russian oil for export to Europe dropped by 21% year-on-year to 1.045 million mt in January, down from 1.325 million mt shipped in January 2017, state oil shipper UkrTransNafta reported Friday.
Oil futures settle higher on equities strength Oil futures settled higher Friday, lifted by the resurgence of equities and downward pressure on the US dollar against other major currencies.
US oil rig count rises by seven to 798: Baker Hughes The US oil rig count rose by seven to 798 Friday, representing more than a 50-rig adds in just four weeks, according to Baker Hughes, as oil companies continued modestly ramping up activity early in the year.
ARA fuel oil stocks fall 8.3% as product moves east Inventories of fuel oil stored in the Amsterdam-Rotterdam-Antwerp region fell 8.3% to 855,000 mt in the week ended Wednesday, the latest data from PJK Consulting showed, due to the movement of product east.
Vopak increases global storage capacity by 1.2 mil cu m in 2017 Tank storage company Vopak increased global storage capacity by 1.2 million cu m in 2017, it said Friday.
Rotterdam bunker fuel sales slip 2.6% in Q4 Total sales dropped to 2.42 million cu m, the port authority said Friday.
Russian energy minister sees average 2018 oil price at current level
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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