Vitol revenues set new record
Rising oil prices boost results at giant oil trader and one of the world’s largest charterers of tanker tonnage.
Latest news
Most read
Scorpio hit by write downs
Monaco-based tanker player is the latest owner to take a substantial charge due to declining vessel values.
Aussie ports face shake up
Western Australian government set to overhaul port authority structure in bid to improve efficiencies.
Sterne Agee analyst survives the cut
New York shipping sage shifts gears as another US investment bank torpedoes coverage of stocks tied to troubled sectors.
GNK moves forward with funding run
Dahlman prophecy on point as US-listed bulker owner turns to capital markets for cash to cut loan repayments.
OOCL poised for Thai tie-up
Hong Kong liner giant to launch China-Bangkok service in partnership with Regional Container Lines.
Allied Maritime dispute ignites
Globus Maritime forced to pay Dimitris Marinis-controlled charterer’s overdue bunker bills following supramax seizure.
Creditors blast Genmar bailout plan
Peter Georgiopoulos-led tanker owner under fire as lawyers attempt to sink Oaktree-backed reorganisation proposal.
Neptune Orient Lines to swing the axe
Massive cost cuts on the way following Singapore-listed containership owner’s deepest ever quarterly reversal.
Ezion Holdings to tap markets?
Singapore-listed offshore owner tipped to launch fundraiser as it eyes expansion.
Archer Daniels Midland inks alliance
US agricultural titan teams up with Wilmar International in a bid to enhance purchasing power and improve fleet management.
Genco tipped for funding run
New York-listed bulker owner could look for $50m equity issue to help with loan repayments, analyst says.
NOL suffers bloodbath in the fourth
Singaporean container line sees near $1bn negative shift in its full-year bottom line following fourth quarter horror show.
Red river rushes over MISC
Malaysian shipping giant hit by $1.22bn swing in nine-month result as imminent boxship exit pushes it to big loss.
Four more bodies found in wreck
Divers begin operation to recover more victims of Costa Concordia tragedy off Italy.
Miclyn Express Offshore on the march
ASX-listed offshore owner continues charge with a huge rise in earnings and sales across the board.
Swire Pacific snatches up Seabed
Singapore offshore player takes over Hans Martin Gravdal’s one-vessel operation.
China Merchants closes on VLCCs
Chinese group readies $460m share sale to fund 10-ship tanker newbuilding spree.
Sevan Marine chops final quarter deficit
Oslo-listed FPSO company posts better numbers in the final period as it nears the end of financial overhall.
Precious picks up a Princess
Khalid Hashim-led owner buys its second bulker from Goodearth in as many months.
Chartering
free news
Tankers
Continued demand from US and Europe nudges up West African rates for million-barrel ships.
VLCC:
Suezmax:
Aframax:
Dry Cargo
Small capesize progress eliminated by continued struggles in the panamax market midweek.
Capesizes:
Panamaxes:
Supramaxes:
Containers
Hamburg Shipbrokers' Association's new ConTex containership chartering index unchanged at 388.
4,250 teu:
2,700 teu:
1,100 teu:
Offshore
Activity over the past few days is beginning to push up rates, brokers say.
AHTS:
Large PSV:
Small PSV:
Fain sells Royal Caribbean stock
CEO offloads $2m worth of shares in cruiseship owner to help pay a tax bill.
Ezion Holdings bags another
Singapore-listed owner secures a service rig deal worth over $100m as it announces a successful year.
Fred Olsen on Olympic mission
Three cruises cancelled as Norwegian owner’s Braemar answers call for help from London Games organisers.
Helliar put out of action
Seatruck sending replacement ferry to NorthLink in Scotland after ro-ro suffers propeller damage.
ACM drops on Platou rebuff
Shares in the London tanker broker slide after it knocks back potential takeover bid from Norwegian rival.
Tanker search warrant issued
Indian police permitted to scour Enrica Lexie for guns allegedly used by military to kill two fishermen.
Flu fear strikes cruiseship
A crew member from an MSC vessel has died of a suspected virus in Brazil.
Jefferies boosts Pacific Basin
Hong Kong-listed owner handed a buy tag amid expectations its bulkers will turn a profit in a terrible market.
Asciano confident on profit
Australian ports and rail group eyes second-half earnings increase after stronger first six months.
Genco dodges deficit forecasts
Peter Georgiopoulos-backed bulker owner beats Wall Street bets after squeezing out modest quarterly profit.
Scorpio shuffles the pack
Monaco-based tanker owner adds to orderbook, charters in fresh tonnage and confirms three ship disposals.
Baltic Trading profits halve
Despite fourth quarter profit capesize and small bulker player ends year in red as weaker rates take their toll.
Greek newbuildings find a home
Carras Hellas and Target Marine bag period deals with big-name charters for freshly arrived panamaxes.
Freeze purchase fires GMLP dividend
Golar Partners’ profit passes its parent’s in Q4 as vessel dropdown spurs payout.
Excel takes another haircut
Gabriel Panayotides-led owner forced to accept lower charter-hire rates on another of its larger bulkers.
Danaos sheds the red in the fourth
New York-quoted containership owner’s quarterly profit overshadowed by chief executive’s grim market forecast.
BBC growth campaign continues
Turmoil in the heavylift market fails to derail German giant’s expansion crusade as it unveils another freshly minted loop.
Wall Street fears cash crisis at OSG
Asset sales and equity exercises increasingly likely for Morten Arntzen-led owner following failed Title XI loan bid, analyst says.
Cargill locks in Latsis tanker twins
Greek owner poised to pocket $36m as commodities giant ties up chemical carrier newbuildings for three years, brokers say.
Somali pirates capture a ro-ro
UAE-owned vessel snatched off Oman amid claims it could be exploited as a mothership.
Latest Articles
- Scorpio hit by write downs
- Vitol revenues set new record
- OOCL poised for Thai tie-up
- Aussie ports face shake up
- Genco tip bears fruit
- Allied fuel dispute ignites
- Sterne guru survives the cut
- Creditors blast GMR bailout
- Ezion to tap markets?
- ADM inks alliance
- Four more bodies found
- NOL to swing the axe
- Miclyn Express on the march
- SPO snatches Seabed
- Genco tipped for funding run
Top Jobs
Latest Positions
- Next bid:$ 100
- $ 700,000