Concordia Maritime looks to tanker earnings recovery Update: Chief executive Kim Ullman eyes expansion in the MR and suezmax sectors
Bulker newbuilding orders creep up But the uptick in orders should not derail the dry bulk recovery, say analysts
Drewry sounds rare bearish tone for LNG shipping Slippage from last year would weigh on charter rates in 2018, the consultancy predicts
Lisbon to host inaugural Portugal Shipping Week Series of events to be held on September 17-21
Will Washington block Cosco's path to prized US asset? Cosco was prevented 20 years ago from developing a container terminal in Long Beach, but is now within grasp of...
PNCT capitalises on infrastructure investments New Jersey terminal is spending to grow on the back of the Panama Canal expansion and the raising of the...
Dorian LPG kills poison pill in win for corporate governance Board of directors can no longer unilaterally prevent suitors from building stakes as BW emerges as No 2 shareholder
ANE shipping acquires Nordic Tankers' Herning unit Nineteen vessels sold to new Norwegian company for undisclosed fee
Daily Briefing CSET has raised the stakes in its ambition for its tanker business, where large newbuilding orders have been placed and...
ICS and BIMCO urge caution over sulphur cap violations Associations want to ensure that only companies that knowingly and wilfully use non-compliant fuels for financial gain should be named...
CMA CGM launches box tech incubator Ze Box to help develop carrier's digital strategy
Port of Tyne's Moffat to take over at Maritime UK Further changes to promotional body's management structure are expected in coming months
The 200-year-old start-up As it reaches an impressive milestone, the Sailors' Society continues to support seafarers around the world
Sanchi: Get ready for the backlash Latest big spill is PR car crash and may result in tougher legislation
Japan offers funding for IoT research and green maritime technologies The deadline for the application is February 13, with recipients to be finalised by April
Cosco Shipping Development expects post-merger profit surge Net profit in 2017 is estimated to jump 252% year on year to about $200m
Ningbo-Zhoushan Port expects to post $420m net profit for 2017 Container throughput to reach 26m teu
SHI sells disputed offshore facility for around $500m Semisubmersible drilling rig is set to be delivered to a European firm by the end of this year
Korea's KSS Line stays profitable in the final quarter of 2017 Company posts $5.8m net profit for the fourth quarter ended December 31 last year
NWS pushes more cargo in 2017 Sister company Volga Shipping saw upswings in domestic and export shipping activities.
BW Group quick off mark after Dorian drops poison pill Singaporean giant now sitting on $60m slice of New York-listed owner after path cleared.
USCG pledges more class society oversight Hearing on El Faro casualty focuses on role of US Coast Guard's outsourced inspection programme.
MPC Containerships acquires two vessels Oslo-based owner will buy two 2,800-teu boxships for $21.8m total.
Dorian's Lycouris concerned on VLGC orders But executive at VLGC owner sees upside as older vessels leave fleet and cargo volumes grow.
Rand Logistics files Chapter 11 owing $260m to 600 creditors New owner American Industrial Partners comes up with restructuring plan for New Jersey-based company.
Genco chief executive eyes panamax exit door New York owner will eventually sell out of its oldest vessel class, Wobensmith tells Florida investor conference.
Product tankers on a stairway to heaven? Kim Ullman believes the stars are aligned for the market if orders do not flow in.
CMA CGM aims to think inside 'Ze Box' Marseilles-based containership company says new initiative is part of company's ongoing digital efforts.
Finnlines buys ro-pax from parent Grimaldi Finnish owner adds Europalink in response to growing volumes.
Scorpio Bulkers sums show continued dry cargo progress New York-listed owner presents plenty of plus factors in bulker recovery story.
CSSC faces delisting warning over loss Chinese state shipbuilder facing two years of red ink; 2017 forecast for deficit of $395m.
Ullman sees second half turn-around for product tankers Demand expected to pick up from the summer with MR fleet growth slowing.
Viking Cruises lines up $950m bond sale Torstein Hagen company wants to buy back cruiseship with new funds.
SEA\LNG unveils new LNG bunkering tool Group promoting the uptake of LNG anticipates that up to 30 LNG bunker vessels could be in operation by 2023
Liberty cashes in piece of Royal Caribbean Cruises Chief financial officer has divested some of his holding in the company.
Norwegian anchor-handler rates double Charterers have just one spot vessel available after Aker BP takes trio.
Fincantieri 'to close STX France deal' Italian yard said to be days away from sealing French takeover.
Cosco Shipping to bounce back with $426m profit Chinese group's containership unit boosted by 2017 market upturn.
Axel Eitzen leads swoop for Herning Shipping Largest step to date on comeback trail sees shipowner head takeover of Danish firm.
Shell sees 2018 as key year for LNG fuelling Major is actively working with 10-15 ports worldwide to introduce LNG bunkering
ICG books $17m profit from ferry sale Jonathan Swift heading to Spain after Irish owner agrees disposal.
Navios Maritime Containers closing on $103m refinancing Discussions come with owner talking up further growth after explosive start to life on OTC.
Kasuga linked to Saiki bulker resale Japanese owner said to have snapped up vessel due from yard this year.
Sheriff dies during vessel arrest South African deputy falls from ladder as he tries to execute court warrant.
Soechi Lines raises $200m in bond sale Fitch Ratings backs Indonesian tanker owner's move with B+ rating.
Noble agrees workout with creditor group Deal will see debt for equity swap, with existing shareholders diluted to just 10% of equity.
Navig8 boosted by LR2 and aframax additions Major pool operator sees more tankers added from Italian and South Korean principals.
NYK confirms long-term EDF LNGC charter Newbuild could be employed for up to 20 years under deal between Japanese and French firms.
Ultra Deep Solution fixes out Andy Warhol Singapore-based offshore vessel operator secures second five-year charter in as many months.
Executive Moves: Tiger Cool Express, FedEx, DACHSER and Smith Transport Source: Pressmaster/Shutterstock Tiger Cool Express appoints chief commercial officer and executive vice president of operations, FedEx name...
NAFTA members 'finally' discuss core issues, Lighthizer says U.S. Trade Representative Robert Lighthizer on Monday said members of the North American Free Trade Agreement (NAFTA) "finally" started to ...
CBP's modernization of port of entry revenue collection U.S. Customs and Border Protection wants to "slash the cash" that's collected at the country's ports of entry by making it efficient and ea...
Werner profits skyrocket in 2017 on U.S. tax reform Werner Enterprises, Inc.saw its profits skyrocket in 2017 thanks in large part to recent tax reform legislation in the United States. The ...
Port of Barcelona sets cargo volume records in 2017 The Port of Barcelona set new records for cargo volumes in 2017, the Mediterranean seaport said in a statement translated from the original...
North American freight market growth accelerates in December The North American freight market showed continued, even accelerating growth in December 2017, and could be poised to reach further record ...
MSC slashes transit times on Europe-U.S. East Coast trade Mediterranean Shipping Co. (MSC) is implementing faster transit times on two services between continental Europe and U.S. East Coast ports,...
Thousands of U.S. bridges over troubled water The United States has 612,677 bridges, but 54,259 of them are rated "structurally deficient," meaning they pose a risk to the millions of d...
CMA CGM launches international startup incubator The CMA CGM Group has launched its first international startup incubator, Ze Box, which is based in Marseille, the French shipping company ...
Oil futures fall as US stock market dives NYMEX March crude fell $1.06 to $64.50/b Tuesday as oil futures weakened alongside US equities for the second straight day.
CHINA DATA: Dec residual fuel imports rise 11% on month to 7-month high of 1.71 mil mt China's imports of residual fuel comprising fuel oil and petroleum bitumen blend rose 10.7% on the month to a seven-month high of 1.71 million mt in December.
External: Wired Bunkering
Port of Rotterdam expects to have 7 licensed LNG bunker barges by 2020 As many as seven LNG bunker barges will be licensed to operate at the port of Rotterdam by 2020.
Singapore, Fujairah bunker prices at multi-year highs on rising crude, demand Singapore, Fujairah bunker prices are at highs not seen seen late 2014 and mid-2015.
FUTURES: Crude trades lower amid profit-taking "Crude oil prices fell as investors braced for the upcoming refinery maintenance season amid a stronger USD," ANZ Bank said in a report.
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