South Korea formally assumes IGU's presidency Assumption of presidency marks the beginning of largest gas industry event
Scorpio Tankers in fourth sale-and-leaseback deal Four product tankers will be leasedback under a bareboat charter for seven years, with future purchase options
It is Seafarers' Day, it is investment day A hi-tech ship with a substandard crew is likely to carry more risk than a standard ship with a top-notch...
Temile enters LPG shipping on NLNG charter Offshore player believes the deal will prompt more Nigerian interest in liquefied petroleum gas
ICS calls for EU states to avoid deaths at sea following Italy's latest migrant snub Shipowners' group calls on European states to develop a long-term co-ordinated strategy that addresses migration by sea
US to develop first hydrogen-powered ferry California Air Resources Board issues $3m grant for first US-produced hydrogen ferry
JP Morgan drops estimate for 2020 scrubber use Diesel cracks are expected to rise by $13 per barrel come 2020, while fuel oil cracks could decline by $39...
WFS readies Falmouth for 2020 sulphur cap Bunkering provider adds Rix Shipping tanker that can separate fuel oil into distinct grades
Pacific Basin secures $325m facility with 50 ships Dry bulk owner puts up 50 vessels as security for the credit facility
Underwriters ready for 'No Deal' Brexit Brexit Contract Continuation Clause enables UK insurers to continue to do business with EU counterparts if the UK has to...
MOL to deploy FSRU for Hong Kong LNG terminal A final agreement for the supply of the FSRU is being developed, says MOL
Trade war threatens fragile recovery on transatlantic trade Larger ships on north Atlantic routes threaten to add more capacity than required
Saadé stamped his personality on to container shipping in a remarkable way Jacques Saadé leaves a legacy of achievement that has been passed on to his children
OSM launches seafarer mental health campaign Campaign to highlight seafarer fatigue, being away from home, stress, bullying and sexual harassment
Daily Briefing Opec and its allies to boost oil output | Alafouzos family launch tanker fundraiser | 'E-commerce can reshape container shipping'...
Celebrating seafarers Connectivity with family and home remained a key point for serving seafarers
Bunker oil spill after tanker collision in Rotterdam Vessel carried no cargo when the incident happened, and was safely moored at the Botlek terminal
Jacques Saadé, CMA CGM founding president, dies at 81 Mr Saadé dedicated his life to CMA CGM, the French carrier said
Lloyd's Register to class Coral South FLNG Classification society plans to deepen involvement in $11bn gas project offshore of Africa.
Pan Ocean seeks $7.25m from Clearlake South Korean shipowner sues subsidiary of Geneva commodities trader Gunvor Group for breach of contract involving shipment of clean petroleum.
Carnival shares fall on conservative outlook Arnold Donald-led cruise major expects third-quarter revenue yields to gain less than 3% compared to a year ago.
Diamantidis swoops in on five ex-Toisa ships Greek owner biggest buyer so far of bankrupt Toisa fleet
Trump and China tariffs reach 1% of seaborne trade Clarksons Research says figure is "not insignificant" but "relatively limited".
NOC limits fire damage to two tanks Libyan teams extinguish blaze at Ras Lanuf following militia attack.
Opec move spurs tanker stocks, sentiment and rates Analysts welcome additional oil but some feel red ink will run for a while longer.
Carnival beats estimates on higher earnings Miami-based cruise major posts 'record revenues' as it creates higher demand for cruising.
SevenSeas Investment Fund teams with Esteve family Geneva-based Banque Heritage to place shares of Tsirigakis-led investment fund with its clients
VIDEO: two ships scuttled off Florida Cargoship caught in drugs bust and tug become artificial reefs.
OSM unveils seafarer mental health scheme OSM has launched a campaign to improve the mental health of its 11,000 crew members. Launched on the Day of the Seafarer the scheme will run across the more than 500 ships under the company's management. Geir Sekkesaeter, chief executive of OSM, said: "This is a global issue and should be a matter of utmost concern for our industry. "Being on-board vessels for long periods of time, separated fr
Temile enters LPG market with Nigeria LNG contract Shipowner books newbuild at Hyundai Mipo Dockyard backed by long-term employment
Pavimar adds kamsarmax from Toisa fleet Expanding, opportunistic Greek owner confirms purchase of former Callimanopulos bulker.
Scorpio Tankers' leaseback total hits 21 ships Sale deals for two MRs and two LR2s continue spree of refinancing transactions.
Stena and Teekay target disposal of shuttle tanker duo Pair of 2001-built vessels become sales candidates after coming off Petrobras charters
Maersk Tankers pitches new slow-steaming plan Danish owner looks to slow laden leg as it tackles worst product market in a decade.
Marijuana hidden in MSC ship's sea chest Crew alerted authorities after finding 57kg of drugs while in Mexico.
SeaBird sending ship to US Gulf Norwegian owner wins seismic survey contract in third quarter.
Briggs Marine secures BP contract UK contractor providing rescue services in Caspian Sea over three years.
Pacific Basin Shipping nets $325m refinancing Fresh debt covers more than 50 vessels and introduces four new banks to the company.
WFS brings in Rix Shipping bunker tanker Supplier preparing for 2020 with new ship at Falmouth, UK.
Maersk boxship rescues 113 migrants Danish vessel comes to the aid of distressed group off southern Italy.
Vard inks in $616m Norwegian coastguard deal Fincantieri-controlled Vard has finalized a NOK 5bn ($616m) contract with Norway for three coastguard vessels. Vard won the tender for the vessels last year and the Norwegian Parliament signed off on the ships earlier this month, allowing negotiations to be concluded. The 136-meter-long ships, for search-and-rescue operations, surveillance, and oil recovery, have been designed to work in harsh e
Icon Capital sale shows firming bulker values Supramax ships sold with assistance of US owner fetch $23m as a pair.
Korean owners strike scrubber deal with KDB, Posco Lender will provide retro-fitting loans for 20 ships on charter to steel maker.
MOL confirms Hong Kong FSRU deal Japanese owner signs agreement to supply Q-Max for offshore terminal project.
Wisdom Marine returns to Japan for kamsarmax Taiwanese owner now has series of three sister ships on order at Japan Marine United.
Echostar builds stake in satellite operator Inmarsat US-listed comp any has until 6 July to make a firm offer or walk away under UK takeover rules.
Odfjell tanker spills bunkers in Rotterdam following collision Shipowner will work with Gard and Dutch authorities to mitigate consequences of casualty.
Jacques Saade dead at 81 Founder of CMA CGM dies just months short of 40th anniversary of group's founding.
Kodak wants to use foreign materials in Oklahoma Eastman Kodak Co. has submitted a notification of proposed production activity to the Foreign-Trade Zones Board for its facility in Weather...
Six men threat to 'security or stability of Libya' The Treasury Department's Office of Foreign Assets Control (OFAC) has published the names of six men who have been placed on the Specially ...
OFAC adds entities to blocked list The Office of Foreign Assets Control (OFAC) has placed several entities on the Specially Designated Nationals and Blocked Persons List for ...
Chinese media amps up rhetoric in U.S. trade battle Official Chinese media is amping up its rhetoric in the country's brewing trade battle with the United States. The state-owned newspaper t...
U.S. dumping duties set for polyester fiber imports The Commerce Department has determined the level of antidumping duties that it will set for imports of low-melt polyester staple fiber from...
EU adopts retaliatory tariffs on U.S. exports The European Union on Friday officially adopted a long list of duties on goods produced in the United States in response to the Trump admin...
Fulcrum acquires Canada's National Logistics Services The private equity firm Fulcrum Capital Partners said it has acquired National Logistics Services, a Mississaugua, Ontario-headquartered lo...
OFAC cites corruption, human rights violations The Department of Treasury's Office of Foreign Assets Control (OFAC) has published the names of two men who have been placed on its Special...
FUTURES 5: ICE Brent/WTI spread narrows further on Syncrude closure
INTERVIEW: Ardmore Shipping banks on gasoil for IMO compliance in 2020 "We'll have an initial MGO/MDO strategy until we understand things better."
INTERVIEW: BW LPG aims to convert 19 VLGCs to use LPG as bunker fuel Potentially huge cost savings in thousands of dollars per day by using LPG compared to compliant fuel.
Bunker spill at Rotterdam after Odfjell tanker hits jetty
FUEL FOR THOUGHT: OPEC has no answer for its spare capacity problem Keeping a lid on oil prices will briefly appease critics, but won't help Riyadh and its allies invest in their reservoirs long term.
ISO developing standard for methyl/ethyl alcohol as bunker fuel: IBIA The development of the standard comes as the IMO 2020 rule looms.
FUTURES: Brent plunges as market looks ahead to supply increase "Markets are recalibrating the OPEC meeting results post the initial price reaction, but overall sentiment still remains bullish," an analyst said.
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