Russia to export 3m tonnes less wheat this coming year Russia will see wheat exports decline to 37m tonnes
The demise of the European shipping banker Future deals could be more about PowerPoint than handshakes
Larger containers pile on problems for US trucking rates Congested terminals are aggravating trucking shortages, along with suffocating regulation, rising fuel costs, driver shortages and strong demand for containerised...
Deutsche shipping book deal confirmed by buyers Portfolio encompasses diverse range of vessel types and borrowers
Cargill aims for 15% cut in shipping emissions by 2020 The move is to help meet UN regulations to reduce pollution as well as demands from some of the company's...
Argentina expects sharp drop in grains output Analysts had forecast Argentina to pick up some of the shortfall from lower US exports of soyabeans to China
Asia-Europe ocean rates rise and capacity now 'tight' Global freight index increases to its highest point this year - currently 7% up on last year's prices
Blockchain middlemen entice UN with plan to improve logistics Transport tech firms keen to ply their wares after the UN established a commission last year to pilot applications
Moody's sees stable outlook for global shipping Moody's expects rated shipping companies to report 4-5% earnings before interest, tax, depreciation and amortisation growth during the next 12 months
MOL enters subsea sector with stake in AKOFS The Japanese line has agreed to buy a stake priced at $73m
Cexim becomes world's largest shipping lender China-based policy bank held $17bn in its shipping portfolio at the end of 2017
Daily Briefing GoodBulk pulls IPO trigger | All eyes on OPEC as Marine Money kicks off | Shipbroking market 'ripe for restructuring'...
US tariffs threat raises prospect of all-out trade war New tariffs will take effect if Beijing refuses to change its practices and insists on going ahead with the newly...
Ecoships back in fashion as bunker costs rise, says Golden Ocean's Vartdal Golden Ocean has a positive outlook for freight markets in the second half of 2018 with healthy demand and a...
Container carriers drive consolidation among tonnage providers, Seaspan's Chen says Other than increasing fleet size, the New York-listed owner will consider acquisitions of assets in the logistics and infrastructure sectors
VLCC spot rates move above breakeven Charterers looking to load this coming July bid up spot modern vessels to best level of year.
Scorpio says no thanks to scrubbers, for now Largest product tanker owner says 'continues to evaluate' scrubbers, but economics not clear for smaller vessels.
IMO 2020 compliance to be 'chaos' at outset Full adherence to the sulphur regulation may not happen until fourth quarter of 2020, says Star Bulk Carriers president Hamish Norton.
Maersk Tankers and CargoMetrics take 'massive step' Partners reveal LR2 simulation tool as first product in digital shipping venture.
Maran's Exxon charter show scrubber boost Upwards of 10,000 ships may be fitted with scrubbers depending on how fuel prices respond to IMO 2020.
VesselsValue: handysizes have most upside Prices for small bulkers show best 12-month performance with next three years also set for more gains.
Fredriksen lieutenant Hermansen to chair Avance Gas Norwegian tycoon's top shipping man eyes M&A after nomination to lead LPG carrier owner's board.
Oak Hill, Varde confirm $1bn Deutsche Bank loan swoop Funds see 70-ship deal as part of strategy to offer alternative ship finance to owners.
Ugland sells oldest bulker but holds on to sistership Managing director confirms MOA on sales deal to undisclosed buyer
Glencore charters Golden Ocean capesize bulker A capesize owned by Golden Ocean has been fixed on a period charter. Gunvor inks largest shipowning move with six newbuildings Glencore has chartered the 181,000-dwt Golden Savannah (built 2017) on an 11 to 13-month contract, the Baltic Exchange reports. The rate is pegged at 119% of the 5TC route between West Australia to Qingdao. Capesize rates are presently placed at $17,796 per day by the
Fred Olsen Energy eyes new equity Refinancing rig company says waivers granted but debt could be impaired.
Magseis wins Asian seismic contract Geophysical shipowner to work for several oil companies.
GasLog Partners signs Cheniere charter US owner inks multi-year deal with options for rate increases.
JP Morgan in the money after flipping bulkers to Blue Planet Reported transaction would add another notch to seller's asset play credentials.
Sinopec adds seismic survey newbuilding Deal at Tianjin Xingang to boost Chinese company's offshore fleet.
Amazon will go into container shipping, analyst predicts Desire to control supply chain could push e-commerce platforms to move into the water
Genco deal latest evidence of firming bulker prices Analysts and brokers believe asset values have further to climb.
Norden tops up time chartered tanker fleet Three Greek-owned vessels fixed ahead of anticipated improvement in product market.
Thenamaris books LNG carrier newbuild with HHI Greek owner extends LNG fleet for the first time since 2011 with lone newbuilding and boosts aframax tanker orderbook
CSE cape and Evergreen boxship collide Bad weather blamed for incident at Kaohsiung terminal in Taiwan.
Trafigura signs Singapore LNG storage deal Trader and owner teams with SLNG again to use 160,000 cbm of excess capacity.
K Line orders coal carrier at Imabari Japanese owner joins NYK in newbuilding project linked to Kobe Steel
Moody's boosts outlook for Royal Caribbean An improving market outlook and a stronger financial position have contributed to Moody's Investors Service upgrading its rating for Royal Caribbean. The agency has boosted the cruise company's senior unsecured rating to Baa2 from Baa3 and assigned a P-2 rating to the company's planned $1.15 billion commercial paper programme. Pete Trombetta, Moody's lead lodging and cruise analyst, says the cha
Grindrod on shortlist to buy Mercantile Bank Shipowner part of consortium aiming to buy South Africa's ninth-largest lender.
Grounded tanker breaks in two off Taiwan Fuel oil removed from Hong Kong ship before it broke its back off Kaohsiung.
Owner's casualty claim against Queen Beatrix dismissed Bombay court ends attempt to force ex-Dutch monarch to pay up over 1989 sinking.
IACS members stuck in Paris MOU grey list As quality drive takes off at leading class society association, European port state control probe reveals several members continue to perform below industry's highest standards
Cargill aims for 15% bulker emissions cut US giant chartering newer vessels and getting involved in newbuilding design.
MOL moves further into subsea with stake in Rokke's AKOFS Japanese shipping giant's holding will be worth around $73m including stake in support vessel.
HHI group's order haul remains behind target South Korean giant continues to report mixed results among sister shipyards for the year-to-date.
Livanos company Alios aims to sell panamax Just three ships to remain in bulker wing's fleet.
ExxonMobil considers Australian LNG import facility Plan by US oil giant follows similar moves by AGL Energy and Australian Industrial Energy.
US LNG and crude exports escape China tariffs Tariffs on US gas would increase costs and potentially limit its availability, says Wood Mackenzie.
Korea asks for dispute panel establishment The Republic of Korea has requested the establishment of a World Trade Organization dispute settlement panel in regard to several antidumpi...
Permit issued for U.S.-Mexico border pipeline A presidential permit has been issued to Borrego Crossing Pipeline LLC authorizing the construction, connection, operation and maintenance ...
Ex-Glow employee gets probation for shipping hazmat A former warehouse manager for Glow Industries was sentenced in U.S. District Court in Los Angeles on June 4 to two years of probation, a $...
Google links up with JD.com Google is hooking up with JD.com in a strategic partnership deal that will see the Mountain View, Calif.-based tech giant invest $550 milli...
Logistics costs rose 6.2 percent in 2017 Business logistic costs in the United States last year were 6.2 percent higher than in 2016, according to the 29th edition of the State of ...
UPS fuels natural gas-powered fleet UPS will build another five compressed natural gas fueling stations and add more than 700 new CNG vehicles to its national fleet....
Carriers divert cargo from Felixstowe Some liner carriers have started diverting cargo from the Port of Felixstowe, which has been experiencing operational delays from the imple...
Spot transpacific, transatlantic rates buck trend down Container freight rates in the transpacific and transatlantic trades are on the rise when compared with the same time period a year ago and...
Trump threatens $450 billion in total China tariffs President Donald Trump on Monday evening threatened tariffs of up to $450 billion annually against Chinese products if trade actions betwee...
Oil slips as trade spat triggers risk exodus The oil complex settled quietly in the red Tuesday after a rocky morning, as financial markets priced-in downside risk amid the ongoing trade war brewing between the US and China
Narrower USGC/Med fuel oil spread quashes talk of reverse arb Narrowing price differentials between the US Gulf Coast and Mediterranean fuel oil markets have eroded the economics for moving material from the USGC to the Med
European bunker buyers eye OPEC meeting, wait on signal to step back in Bunker fuel demand in Europe is likely to remain subdued until Friday as those buyers that can hold out for potentially lower prices will do
Cargill targets 15% cut in marine CO2 emissions by 2020
Rotterdam 3.5% fuel oil barge MOC dominated by offers on strong backwardation
Tariff threat from China may shift global oil flows China would need to replace as many as 450,000 b/d of US crude after the latest tariff threat.
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