J. Lauritzen Takes Six Bulkers on Time-Charter
J. Lauritzen took six handysize bulk carriers on medium-term time-charter with options to extend, the company said in its first half of 2017 report.
American LNG Is Taking the Scenic Route to Chile
When the tanker Provalys left Louisiana for Chile last month with a full load of U.S. liquefied natural gas, it sailed around South America instead of taking a shortcut through the expanded Panama Canal. Not only may the route be cheaper without canal transit fees, but advances in technology mean less of the fuel would end up lost at sea during the journey.
New American Oil Tankers Are Great for Traders, Lousy for Owners
Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners headaches.
Top Stories
October 8, 2014
TOTE Behind Boxship Order at Philly Shipyard
Reference is made to a release today by Saltchuk where the company announced its plan…
October 8, 2014
DFDS continues to increase volumes on North Sea
In spite of the ongoing Brexit discussion, DFDS continued to increase its volumes on the…
October 8, 2014
Maersk Oil lifts profit on higher oil price,
Disciplined operational performance underpinned Maersk Oil’s second quarter profit of USD 191m (USD 131m), positively…
October 8, 2014
Topaz posts net loss of USD 13.4m for
Topaz Energy and Marine announced its results for the six months ended 30 June 2017.…
October 8, 2014
Pacific Basin Won't Take Newbuilding Options; Loss Slashed
Pacific Basin will not be exercising its options for newbuilding tonnage as long as the…
October 8, 2014
Boskalis Sees Profit Halved
Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 75.1 million in the…
Editor’s Picks
August 14, 2017
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DryShips: Termination of Common Stock Purchase Agreement With Kalani
DryShips, a diversified owner of ocean going cargo vessels, announced…
August 11, 2017
Attica Group acquires majority stake in Hellenic Seaways
Attica Holdings S.A. ("Attica Group"), a member of Marfin Investment…
August 11, 2017
Aegean Marine Petroleum profit drops in second quarter 2017
Aegean Marine Petroleum Network announced financial and operating results for…
August 11, 2017
Maran Tankers sends 1995-built vessel for demolition
Yannis Angelicoussis-led shipping company, Maran Tankers, has reportedly sent one…
Finance & Economy
October 8, 2014
TOTE Behind Boxship Order at Philly Shipyard
Reference is made to a release today by Saltchuk where the company announced its plan…
October 8, 2014
Maersk Oil lifts profit on higher oil price,
Disciplined operational performance underpinned Maersk Oil’s second quarter profit of USD 191m (USD 131m), positively…
October 8, 2014
Topaz posts net loss of USD 13.4m for
Topaz Energy and Marine announced its results for the six months ended 30 June 2017.…
October 8, 2014
Pacific Basin Won't Take Newbuilding Options; Loss Slashed
Pacific Basin will not be exercising its options for newbuilding tonnage as long as the…
October 8, 2014
Boskalis Sees Profit Halved
Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 75.1 million in the…
Shipping News
October 8, 2014
DFDS continues to increase volumes on North Sea
In spite of the ongoing Brexit discussion, DFDS continued to increase its volumes on the…
October 8, 2014
American LNG Is Taking the Scenic Route to
When the tanker Provalys left Louisiana for Chile last month with a full load of…
October 8, 2014
New American Oil Tankers Are Great for Traders,
Once rare American-built oil tankers are now plentiful, changing U.S. gasoline flows and giving shipowners…
October 8, 2014
Singapore July Bunker Sales Hit Six-Month High
Reversing two consecutive months of declines, total bunker sales in Singapore surged by 6.8% y-o-y…
October 8, 2014
Carnival Corporation Launches Sustainability Website
Carnival Corporation, the world’s largest leisure travel company, released its 2016 sustainability report as part…
Ports
October 8, 2014
Hong Kong port July volumes up
The port of Hong Kong saw throughput rise 7.2% to 1.8m TEU from 1.6m TEU…
October 8, 2014
Port of Los Angeles records busiest July in
July container volumes at the Port of Los Angeles climbed by 16 percent compared to…
October 8, 2014
Adani Ports Q1 net profit down
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and the logistics…
October 8, 2014
US ambassador discusses OLP investment plans with CEO
U.S. Ambassador to Greece, Geoffrey Pyatt, met on Tuesday with the CEO of Piraeus Port…
October 8, 2014
Qatar Navigation Shifting Regional Hub to Oman Amid
Qatar Navigation (Milaha), a top Doha-based shipping and logistics group, said it was shifting its…
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