International Seaways ready for $100m in mezzanine debt Diversified tanker owner says no to equity dilution, at least for now
Maersk Honam reaches anchorage outside Jebel Ali Investigation continues as to cause of fire that resulted in the loss of five lives
Containership overcapacity fears 'over-hyped'
Digitalisation is the way ahead, but challenges loom The shipping industry will attract a younger generation as it embraces digitalisation
Scorpio Bulkers off target in first quarter Scorpio Bulkers maintained a dividend, despite a wider-than-expected loss for the first quarter of 2018
Rolls-Royce to upgrade diesel ships to hybrid gas power The converted ships will be 'as efficient and green as if they were brand new', said Rolls-Royce Marine's vice-president product...
Star Bulk deal shows the power of consolidation Deal to acquire 16 vessels through shares and debt positions the Greece-based owner closer to the number one ranking in...
Hutchison Ports' safety record in the spotlight after Port Botany incident Worker in critical condition following fall from straddle carrier
Gas leak on Cosco bulker leaves two dead Police say the crew were trying to fix the problem when the incident occurred
Subsea 7 makes $2bn hostile bid for McDermott The offshore service company said it would consider paying more for the takeover if McDermott engages in negotiations
Port of Piraeus at centre of tax fraud probe The European Anti-Fraud Office and Greece's Financial Crime Unit are conducting separate investigations linked to alleged tax issues involving Chinese...
Clarksons issues profit warning Shipbroking giant suffers from weak sale and purchase activity, dollar depreciation and low tanker rates
Box carrier profitability on the horizon Growing world trade to boost carrier fortunes, with stronger consolidated lines set to benefit
General cargo vessel attacked off Nigeria Updated: ForestWave confirms 12 crew abducted from FWN Rapide
Singapore targets talent to operate next generation of ships The MPA's Maritime Cluster Fund, which was recently topped up by S$100m ($76m), can be tapped for funding
SSA and Ports America linked to OOIL's Long Beach terminal sale The disposal of LBCT, even if it materialises, will not change the purchase price for OOIL
Make shipping sexy, not sexist Shipping is an exciting business to work in and write about, but needs more role models and ambassadors to promote...
Hapag-Lloyd to cut CO2 intensity levels by 20% by 2020 The carrier has already managed to cut the CO2 emitted per teu-km by 46% between 2007 and 2016
Fidelity ups stake in MPC Container Ships Boston-based investment manager FMR buys 3.1 million shares in Oslo-listed boxship owner.
Scorpio Bulkers still in market of 'rare deals' US-listed bulker owner is still open to acquisition opportunities that may 'come along.'
Oldendorff talks ultramax bulker sales with Chinese bank Brokers say German owner has penciled in $310m deal with China Development Bank Financial Leasing
Stifel raises Scorpio Bulkers to buy Upgrade is given despite quarterly loss amid belief in improving market and benefit from IMO 2020. Scorpio Bulkers' shares gain 9% today to close at $7.85.
Zagari says Star Bulk deal a 'significant' consolidation step Italian shipowner shares his thoughts on major transaction with Petros Pappas-led firm.
Goa Shipyard plans IPO within a year Indian yard eyes listing after becoming profitable.
Star Bulk claims top spot on Wall Street Petros Pappas-led owner overtakes Golden Ocean as biggest bulker owner in US capital markets.
DFDS axes freight route after 'issues' Scotland to Belgium run dropped after failing to meet expectations.
Scorpio Bulkers keeps dividend amid first quarter loss First quarter red ink is deeper than analysts had projected.
Seacor Marine selling $57m of shares US owner raising cash and swapping bonds for stock with Carlyle Group.
Siem Offshore offers to buy back $76m bond Move comes after holders twice rejected restructuring of debt.
International Seaways stacks $100m on shelf Tanker owner sets the foundations for debt securities or preferred stock offers to support growth.
ICG's $176m ro-pax 'likely' to be delayed Sailings cancelled as Flensburger tells Irish owner WB Yeats will be late.
Two dead in gas leak on Cosco bulker Another seafarer injured after incident at Indian port.
DeepOcean takes over Delta Subsea Norwegian owner gains US foothold with deal for Texas ROV company.
Singa takes back EMAS AHTS duo to sell them Owner terminates bareboat charters to restructuring Singapore company.
Clarksons shares slump after profit warning World's largest shipbroker says quieter capital and shipping markets will contribute to lower profit this year.
Shitanoe Zosen books LPG carrier Japanese yard reported to have sealed first order in two years.
Subsea 7 makes $2bn offer for McDermott Kristian Siem-backed OSV owner aiming to acquire 100% of US oil and gas contractor.
Litasco arrests two Palmali Shipping tankers Russian trader seizes ships off Denmark and Estonia due to non-payment of bunker bills.
Emission cuts to drive shipbuilding resurgence IMO's planned 50% emissions cuts to have positive implications for newbuilding market, says Affinity.
Eastern Pacific Shipping top dog in Singapore Idan Ofer-led owner comes out ahead as value of locally owned fleet is put at close to $50bn.
Panama Canal aims for 30mtpa of LNG by 2020 Shipments expected to increase five-fold from current levels on increased US production.
BIS leader moving to National Security Council Mira Ricardel, who has served as under secretary of Commerce for export administration since August, will join the National Security Counci...
EU, Mexico put pieces in place for new free trade deal The European Union and Mexico on Friday reached an agreement in principle on bilateral trade and investment that will remove or reduce exis...
CP worker strike derails Canadian Pacific Railway Ltd. (CP) on Friday tendered final offers to the bargaining committees of the Teamsters Canada Rail Conference-Tra...
Port group urges careful consideration of trade sanctions In a letter to U.S. Trade Representative Robert Lighthizer, the American Association of Port Authorities (AAPA) has expressed concern about...
WiseTech's acquisition spree stays in high gear WiseTech Global has not let up on its aggressive buying spree, announcing Monday the acquisitions of three logistics solutions providers. ...
Treasury gives grace period to sever RUSAL ties The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Monday said U.S. companies with business ties to the recently san...
Trump directs new arms, drone export policies President Donald Trump on Thursday issued a memorandum outlining a new conventional arms export policy, which includes providing to firms ...
Dollar strength, Iranian minister limit oil upside
Trump scapegoating OPEC for higher oil prices: Zanganeh
Chad's low sulfur Doba crude in trials to make 2020-compliant fuel
Med bunker fuel prices supported by increased demand, strong crude Premium of 380 CST delivered fuel oil at Piraeus over 3.5% CIF Med cargoes at widest in 2018
LNG carrier Gallina arrives at Shell's Prelude FLNG The vessel left Peru LNG terminal in Pampa Melchorita on March 2 laden with an LNG cargo.
Net speculative length on ICE Brent down, low sulfur gasoil up to new record The European diesel market has become tighter in recent weeks on global refinery maintenance.
Kuwait plans major tanker fleet expansion to market its oil products Kuwait's total fleet could increase to 60 vessels by 2040, from 28 currently.
Austria's OMV restarts Yemen oil production, targets 12,000 b/d in 2018 It had stopped production and pulled its staff out of the country nearly four years back.
Singapore middle distillates swaps hit 40-month high on rising crude The last time the swap was higher was on December 2, 2014, when it stood at $86.11/b.
LNG bunkering a viable solution to bridge marine energy transition: SEA\LNG LNG's plentiful availability, commercially viability and scalability also made it "a long-term, bridging solution for the marine energy transition," it said.
FUTURES: Crude futures edge down in Monday morning trade Markets are still reacting to Trump's tweet and a bearish report from Baker Hughes, Benjamin Lu, investment analyst at Phillip Futures said.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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