Pirates target fishing vessel off Ghana The abduction follows the kidnapping of fishermen off Nigeria last week and attacks against merchant vessels in the Gulf
China Merchants Port throughput set to grow up to 8% in 2018 Company's container handling rises 7.4% to 102.9m teu in 2017, while net profit gains 9.7% to about $760m
S&P activity may revive after a slow first quarter Dry bulk and container shipping assets may change hands more often on weak values while bargain hunters can look at...
Key report still pending one year on from Stellar Daisy loss Market participants wait for official report from Marshall Islands in order to understand what happened and apply measures to prevent...
And we want the IMO to solve climate change? The top six flag states at the IMO have more than 50% of world tonnage, yet account for just 0.5%...
Maersk Honam blaze set to generate record general average loss All shippers with cargo still on the vessel will be liable for damage proportion unless they have general average coverage
There is nothing wrong with the IMO fee structure IMO agreements are made on the basis of consensus by all member states
Cosco eyes methanol, ethanol and ethane shipping Move is part of the company's strategy to become an all-rounder tanker player amid volatile oil shipping markets
The Interview: Grahaeme Henderson While overseeing one of the world's largest shipping operations, Grahaeme Henderson always enjoy stressing his part in enhancing safety over...
Global Shippers Forum's Chris Welsh to retire Shippers' champion stands down from roles at both GSF and FTA
Flag states putting lives at risk by failing to report bulk carrier casualty investigations IMO urged to take action against flag states' continued flouting of its mandatory Casualty Investigation Code
Viewpoint: Making connections There are lessons to be learnt about the power of wind and tide to render even big modern ships helpless
Liodden tackles sustainability and diversity after Nor-Shipping tenure Former Nor-Shipping director will take up a new post as a sustainability chief at an as-yet-unnamed company
Five things to watch: LPG shipping LPG shipping markets may gradually recover this year on US exports and slowing fleet growth
MSC better than Maersk in UK gender pay gap The world's two largest containership operators pay women significantly less than men in the UK with average hourly rates between...
Bob Maxwell, managing director of BSM Singapore, dies at 56 Shipping veteran devoted time to promoting professional development of shore personnel and cadets
First US LNG shipment to India due Sailing springs from a contract between Indian state-owned gas utility Gail and Cheniere Energy's Sabine Pass liquefaction facility
Exmar results fall on LPG, finance charge Antwerp-based diversified energy shipping firm also sees LPG results weaken, but asset sales provide relief.
Scrubbers to earn owners profits Not many owners are fitting scrubbers to comply with the 2020 fuel regulation but those that do could be raking in the profits
Diana Shipping explores $125m Norway bond sale US-listed Greek owner has survived extended trough without financing gymnastics, but Oslo market has caught its attention during upturn
Scorpio in seamless transfer of Navig8 financing on 17 tankers Owner takes on sale-leasebacks and conventional bank financing with original lenders, with only one principal payment required to meet covenant terms
New flights agency promises cut-price crew tickets
Breakwave dry bulk ETF aims to open FFAs to new investors New York financial services firm aims to use the popularity of exchange traded funds to bring freight futures to a broader investment community
MSC returns to yards with a fresh take on boxships Shipowner appears to have had a change of heart on fuelling choices as it pursues LNG option over scrubbers
HMM boxship tender pushed back due to political pressures
Bunnemann boxship sale marks neo-panamax exit German owner plans to diversify further into dry bulk as it sells last large containership to expanding Danish fund
Transmed linked to kamsarmax in first S&P deal of 2018
Ports remind shipping industry of need for sustainable growth Lessons can be learned from new port initiative that highlights the importance of all future growth needing to be sustainable economically, environmentally and socially
Hyundai Mipo Dockyard lands boxship order from Itochu
Mitsui inks newbuildings in China and Philippines Trader orders capesize bulkers at Yangzijiang and containerships at Tsuneishi
TS Lines inks two feeder newbuilds at CSBC Corp Latest containerships are the same design to four vessels the carrier ordered at the Taiwanese yard in 2015 and 2016
Great Eastern buying second LPG carrier in as many weeks
Pakistan's Bahria opens talks on FSRU for new import terminal
Woodside seeks LNGBV for Green Corridor bulkers
Knutsen set to firm up second Endesa LNG ship
North West Shelf puts LNG carrier fleet on sales block Raft of vessels could set new benchmark prices for rare secondhand LNG carrier sales
Turkish powerships readied with regas for LNG supply Karpowership buys in regasification kits as it gears up to grow its vessels' capabilities beyond the use of pipeline gas
BW LPG fixes VLGC on shock period charter with Petrobras
VLGC spot freight rates hit six-month daily low of $8k Fewer trading opportunities and lower US inventories result in less cargo activity
CGG names Zurqzuyah as new chief
SeaBird puts seismic ship to work on another 30-day contract
Offshore demolition hits a peak as owners bite bullet More offshore support vessels are going to breakers' yards, with a 153% increase in scrapping so far this year
Saudi vessel seizures causing civilians to suffer - UN panel Officials using arms smuggling charges to justify illegal interference with innocent merchant shipping to Yemen, claims Greek shipowner Dileton, while a UN panel says the blockage is hurting people
Dileton says arms smuggling accusations are trumped up
Maersk Honam set for Jebel Ali refuge
Zodiac reaches settlement to end demo yard compensation fight Shipowner's potential liability for injury sustained during shiprecycling will not be tested in UK courts
State underpins Chinese firms' run of salvage work A major wreck removal has been lined up for Guangzhou Salvage as government-controlled group increases market share
IMO member nations gear up for crunch talks on low-carbon future Accused of moving too slowly so far, regulators are set to hand shipowners a series of CO2 goals
IMO meetings need to overcome deep splits on CO2 targets
World ports commit to sustainable growth
Liberian Registry gets new top man at the top in Singapore
Attritional claims a worry as premium cash shrinks
Surfer stands tall after paddling the Skagerrak
Smaller tankers head to breakers as VLCC scrap sales cool
Ionic raises tanker stakes with Mitsubishi fleet deal Greek company concludes transformational $110m purchase of Japanese aframax quartet
Latest salvo in Trump's escalating trade war creates shipping risk US action against China and selection of a hawkish national security advisor raise questions about market impact
Juice carrier job squeezed for time Demand is increasing for orange juice tankers, but owners are expected to prefer the speed of delivery and price of Chinese conversions to more costly European or South Korean newbuildings
Almi forges $60m deal as VLCC charterers look long US trader locks in pair of newbuilds on charters of three years, as Shell also books tonnage in term deal
Clearlake ties up second MR tanker of month
2020 Bulkers sees value rise of New Times newcastlemaxes
Briese Schiffahrt shells out $50m on latest fleet update Four more acquisitions for German MPP and heavylift owner takes tally of S&P transactions to about 50 in three years
MPP market sees big names return as heavylift S&P rises A slow-burning recovery in the multipurpose sector is tempting buyers of secondhand ships and pushing up prices
Drewry's Moreno examines transpacific container shipping outlook If there is not a trade war, Asia to United States container shipments will grow by 6.8 percent this year, while shipments from the U.S. to...
U.S. to suspend Rwanda apparel benefits under AGOA Starting May 28, the U.S. will suspend Rwanda's duty-free benefits under the African Growth and Opportunity Act (AGOA) for apparel exports,...
Shell Oil seeks to upgrade L.A. terminal The Port of Los Angeles is preparing an environmental review of a Shell Oil Co.-operated marine terminal, as the company plans to seek a new...
Executive Moves: TOTE and Global Shippers' Forum TOTE Inc. said that Anthony Chiarello , its president and chief executive officer, will retire this summer after eight years at the helm of...
Georgia Ports breaks ground on intermodal terminal The Georgia Ports Authority (GPA) broke ground on construction of its Mason Mega Rail Terminal this week, which will double the Port of Sav...
Trump goes after Amazon again President Donald Trump on Thursday renewed attacks on the e-commerce giant Amazon, suggesting the company shirks its tax-paying responsibil...
JaxPort cargo volumes rise amid Puerto Rico recovery The Port of Jacksonville handled 100,346 TEUs in February 2018, a 25 percent increase compared with the same month a year ago, according to...
FRA accepting comments on rail automation The Federal Railroad Administration (FRA) is accepting comments through May 7 on the future of railroad industry automation, the agency ann...
Trump asks Congress for $1.5t infrastructure plan President Donald Trump is asking Congress to come up with a 10-year $1.5 trillion infrastructure investment plan that only uses $200 billio...
Mediterranean HSFO market seen stronger in April after weak Q1
Istanbul port, Bosporus reopen on improving weather: sources
OPEC coalition deal 'positive' for global markets, Russian oil industry: Novak
Intertanko plans to submit ballast water contingency measures to IMO These include fixing the BWM system at the ballast loading port, fixing the system enroute to the port, and performing a mid-ocean ballast water exchange.
Brent/Dubai crude EFS hits 44-month high on strong Brent prices Middle East geopolitical tensions, falling US crude inventories and growing global demand have contributed to stronger Brent prices.
Singapore HSFO cracks regain losses after hitting 19-month lows Rising crude prices have been a strong reason for cracks to touch multi-month lows, sources said.
Libyan crude appeal starts to broaden in Asia Higher flows to Asia are also supported by the steady rise in Libyan crude oil exports this year.
VLCC demolition surges as freight market plumbs new lows More VLCC tankers vessel have been scrapped so far this year than the last two years combined.
Petronas and Saudi Aramco finalize RAPID refinery JVs Under the agreement, Saudi Aramco will supply 50 percent of the crude feedstock with the option of increasing it to 70 percent.
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