US ports continue rapid volume growth Greater volume of traffic caused by strong consumer demand and the upcoming holiday season, says ports spokesperson
Capital places aframax order with Daehan Company signs with South Korean yard for scrubber-equipped vessels for delivery on cusp of 2020 emissions deadline
Pacific Basin CEO joins Ardmore board Hong Kong-based dry bulk owner joins US-listed chemical and product tanker company's board of directors
Lloyd's List Asia Pacific Awards winners revealed IMC founder Frank Tsao honoured with a Lifetime Achievement Award in recognition of his extraordinary career and the pivotal role...
Engine operation in a low-sulphur environment Managing the total cost of operation (TCO) is fundamental to any successful shipping operation. In this article, drawing on Lloyd's...
NovaAlgoma and Döhle unveil new MPP and mini-grabber pool The joint venture, which is expected to start next month, will comprise 26 vessels, including 13 MPP vessels and 13...
IM Skaugen successor facing liquidation Third generation owner Morits Skaugen pens bitter letter to shareholders, hitting out at former allies
BIMCO fast-tracks sulphur cap compliance clause There are still several unknowns to factor into the transition to low-sulphur marine fuels, says BIMCO
Owners demand 2050 GHG strategy clarity Containership and ferry owners question how the 2008 baseline used in the preliminary strategy can be measured
Viewpoint: Costing compliance The shipping industry, in its compulsory requirements for environmental compliance, is facing a dramatic across-the-board increase in operational costs
Atlantic Basin faces compliant fuel shortages in 2020 Fearnleys' analyst believes that tanker trade driven by arbitrage could even out regional imbalances in HFO and compliant fuels post-2020
Zim and MSC join forces on India-Mediterranean trade The vessel-sharing agreement between Zim and Mediterranean Shipping Co will start from the second half of October
Owners will face higher P&I costs after soft 2019, Gallagher warns With hull cover now rising at Lloyd's, prospects grow for a marine insurance double whammy in the medium term
Daily Briefing Liberia urges early reporting of 2020-compliant fuel availability | Iran sanctions bypass will have no impact on shipping | Dirty...
IMO rules 'fantastic' for LNG demand LNG carrier owners are riding on the back of expectations of greater demand for LNG in coming years because of...
Qatar reveals plans to boost LNG capacity to 110m tonnes a year The new mega plant will produce about 32m tonnes per annum of LNG
Aegean president to leave, Mercuria man joins board Aegean Marine's COO Kostas Polydakis will fulfill the remaining duties of departing president Jonathan McIlroy.
Mackey confirms Scorpio scrubber programme More than 100 vessels to see modifications, but company is acting with "heavy heart," COO maintains.
ICBC Leasing wins $17m ruling against Chinese shipowner
Higher bunker prices and weak spot market pushes Sea Tank into slump
Market picks up as Nord/LB moves to offload MPP fleet Interest in German bank's decision to sell loans on 40 ships may signal light at end of the tunnel for smaller multipurpose vessels
Singapore 'needs more company headquarters'
Shipping banks bemoan lack of clarity on green standards
Sohmen-Pao: shipping is brilliant if you don't mind poor returns
Grindrod chief unfazed by halving of share price since IPO 'We've only just listed. We're comfortable where we are,' Wade says
FSRU decision is just a bump in the road for Gunvor juggernaut Bangladesh gas import project is left in limbo, but trader has plenty more irons in the fire, including a growing interest in owning ships
Confidence is a fragile thing in these uncertain times Despite slowly improving fundamentals in dry bulk and container sectors, overall confidence in the business outlook remains paper-thin after a decade of setbacks
Massive debt and oversupply 'will cripple OSV owners for years' The vast majority of Norwegian offshore shipowners are saddled with too much debt, while all of them face a market with too many vessels, Norwegian analyst says
Maritime Asset Partners emerges as Teekay financier Transaction with New York-listed tanker owner means financier has passed $100m milestone
Outgoing IUMI president warns against 'unthinkable' loss scenarios
Shippers react as more container lines talk fuel surcharges Shippers blast implementation from 2019 and call for wider use of scrubbers
MSC fixes bargain rate neopanamax trio Bargain basement relet signals hefty loss for rival carrier
IRISL containership quartet emerges under Turkish control Istanbul Denizcilik said to own and manage Iranian liner company's largest boxships
Gastech forum notches up notable firsts in Barcelona
First KC-1 LNG newbuilds set to undergo repairs Designer, shipyard and charterer start legal action over technical issues found on first vessels fitted with new South Korean-designed containment system
Owners bid for EDP's LNG carrier charter
H-Energy may enter shipping market for next LNG deal
Gail eyes next move as it assesses LNG ship needs
MOL and Karpowership set to team up on FSRU for floating power plant Would-be partners concoct pioneering plan using converted LNG carrier and existing powership to supply gas to Mozambique
As nightmare fades, sector can dare to dream of better times
Dragon star helms maiden voyage of model aframax Theo Paphitis is building on his shipping credentials with his appointment as chancellor of one of the UK's leading maritime training centres
Zissimatos-led Swiss Carriers linked to Maersk tanker Shipowner said to have bought Chinese-built vessel in second acquisition since his re-emergence
Zodiac Maritime's tanker swoop signs off $690m Toisa fleet sale Eyal Ofer-led company buys final six ships from Callimanopulos fleet, closing book on potentially market-moving disposal
Price of Marinakis' aframax duo emerges Newbuilding order is second deal for Greek shipowner's Capital Maritime this year
Faerder shifts suezmax order to Daehan Turid Sorensen-led company's Chevron-backed deal is potentially worth $248m, but casts doubt on earlier order
Neda and Premuda take cut in LR2 charter rates
Opec 2020 vision bodes well for tanker owners The oil cartel's medium-term forecast shows a spike in crude trades due to the IMO 2020 rules, boosting tanker owners when scrapping activity is expected to stay strong
Marinakis and NYK Line lock new VLCCs into charters
Teekay LNG Partners exits suezmax sector with tanker sales
Capital VLCC released by South Korean court Greek owner threatens significant counterclaim for 'wrongful arrest', while SK Shipping pursues charter dispute in High Court in London
Jebsens poised to sell last two owned vessels
Sea Gate Navigation buys third Japanese cape in nine months Stefanou brothers' firm emerges as second busiest secondhand capesize buyer in Greece this year
Carnival beats estimates, but profit estimates slump High fuel prices and a strong dollar sink fourth-quarter estimate, dampening share price.
Low in sulphur but high in price? ASBA speaker says complaint fuel should be in ample supply, but tanker panelists take aim at cost and quality issues.
dship Carriers adds two more newbuildings German owner will take delivery of MPP Eco Traders in 2019.
Ardmore beefs up boardroom with CEO pair Pacific Basin's Mats Berglund and Carisbrooke's Helen Tveitan de Jong join the board.
Malaviya Twenty fetches $1.1m at auction Crew likely to recover unpaid wages after PSV sold in UK.
Qingdao Port International gets a new president
Scorpio will say 'yes' to scrubbers Emanuele Lauro-led group is about to make a major bet on sulphur-compliance technology after some publicly stated misgivings only three months ago.
Fourth tanker crewman arrested in Korea Probe continues into alleged unauthorised departure of Russian ship.
Tanker market will reach balance in 2020, BTIG analyst says Euronav the top pick in Greg Lewis' first basket of tanker stocks.
SCI mulls investment in $551m FSRU project Indian owner could take a piece of MOL and Swan Energy's LNG action.
DCC Bulk Transport liquidated in Singapore Bulker operating arm of DCC Maritime and Greece's Halkias group being wound up.
Zim and MSC strengthen alliance Liner duo team up on Mediterranean to Indian sub-continent trade.
Sovcomflot IPO put on the back burner Privatisation no longer being actively discussed, according to federal assets management agency.
VLGC spot rates jump on rising volumes
Hunter keeps optional VLCC trio in its sights Oslo-listed tanker newcomer gives itself an extra month to decide on DSME newbuildings.
PSV rates spike as utilisation peaks North Sea numbers averaging their highest level for four years.
Pacific Drilling closes $1bn notes issue The New York-listed driller moves further away from bankruptcy.
Eidesvik stretches Equinor PSV deals Norwegian owner keeps supply ships with oil major through to 2020.
Uljanik Plovidba wins debt discount on MRs Credit Suisse and other lenders agree to refinancing of tankers after months of talks.
Qatar to expand LNG production facilities Wood Mackenzie: Economies of scale make what is already the most competitive new LNG project worldwide even cheaper
Alliances consolidate Med-US East Coast services Yang Ming says industry initiative will result in "increased service quality and efficiency".
Bumi Armada names new chief financial officer Savy ends two year stint as top finance executive at Malaysian FPSO specialist.
India winds down Iranian crude imports Indian refiners have not placed orders for Iranian crude for November as US sanctions loom.
Knutsen Offshore to charter two suezmaxes Norwegian tanker owner will order two ships for the deal with Equinor.
Products settle at four-week highs amid strong demand A robust demand outlook and a bullish decline refinery utilization supported products futures, which settled at four-week highs on Thursday
ARA fuel oil stocks build 21% on week, but tight October expected Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub rose 21% to 1.372 million mt in the seven days to Wednesday, but the backwardation on the 3.5% sulfur fuel oil FOB Rotterdam barge curve remains pronounced
ARA diesel, gasoil stocks rise to 6-month high on difficult barge transport Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased 0.8% on the week to 2.911 million mt in the week ended September 26
Interview: Pemex's CEO expects FID for four new fields in 2019 Mexico's state oil company Pemex expects to make a final investment decision (FID) and begin development of its Ixachi, Pokche, Xikin, and Suuk discoveries in 2019
Ecuador's Napo July crude exports fall 25% on month; Oriente up 17% Exports of Ecuadorean heavy-sour Napo crude fell 25% in July to around 4 million barrels, down from 5.4 million barrels in June
Iran sanctions could spur oil to $100/b: Standard Chartered's Horsnell Sanctions against Iran could contribute to a "nasty gap" in the market at year-end, with oil prices potentially reaching $100/b
TRADER NOTE: Bunker supplier Aegean appoints new CEO McIlroy will be replaced by Kostas Polydakis, previously the company's chief operating officer.
Tanker owner Union Maritime orders scrubbers for up to 16 vessels Union Maritime has ordered scrubbers for up to 16 of its vessels
Gibraltar bunker operations in Aug at lowest since March: Port Authority The number of bunkering operations at the Mediterranean hub of Gibraltar fell to 463 in August, the lowest since March and down from 504 in July
FUTURES: Crude shrugs off US stockbuild, rising on supply concerns
TRADER NOTE: Trefoil Trading bunker trader leaves, new operator joins
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