Stealth on the lookout
Harry Vafias-led LPG owner on the lookout for fresh tonnage as bottom line climbs in the first and newbuild nears completion.
Solvang cited for safety violations
US Coast Guard port inspections result in detention of Norwegian gas carrier, OSG tanker, ER Schiffart boxship and others.
BLT diffuses costly legal skirmish
Creditor frees chemical tanker caught in the middle of $55m charter battle after penning new pact with Berlian Laju.
Sanko Mineral remains in custody
Cobelfret won’t be given a better seat at the bargaining table after dropping claim as talks to free ship continue, Sanko says.
Golar LNG Partners downed by interest
John Fredriksen's FSRU spin-off sees Q1 earnings eroded by costs of adding Golar Freeze, but margins improve.
Natasha Boyden is back in business
Former Cantor Fitzgerald analyst wastes no time in starting up shipping coverage after clocking on at Global Hunter Securities.
Will owners see an end product?
Clarksons questions if now is the right time to wade in with MR and LR newbuilding contracts.
Vale rubbishes Cosco boycott talk
Brazilian mining giant says claims it is shunning the Chinese owner's vessels are wide of the mark.
MOL joins rivals for China run
Japanese owner adding one post-panamax to Middle East service operated by K Line and others.
DFDS falls to first quarter loss
But Danish owner sticking to profit forecast for 2012, despite over-capacity in North Sea ro-ro market.
Vinalines' Dung on the run
Police hunt Vietnamese owner's former chairman in mismanagement case after he fled before arrest.
Sanko cape sale delayed
Troubled Japanese shipowner is said to have postponed inviting offers on vessel following ship arrest in US.
Dark day for containership
Zodiac vessel held in Hong Kong after inspectors found faults relating to insufficient lighting.
Sevan Marine switches to black
Teekay-controlled FPSO firm books a profit in the first quarter as restructuring efforts near an end.
Sentek snaps up Hero 1
Singapore bunker player said to have acquired former Maroil-owned VLCC for storage work.
Shipyard share window is wide open
Deutsche Bank spots an opportunity for investors in South Korea’s major shipbuilders despite economic black clouds.
Drunk passenger in toilet trouble
UK man avoids jail after storming bridge of Red Funnel ferry in search of convenience.
Mols-Linien wins pay-out
Danish ferry operator triumphs in court battle after insurer Tryg Forsikring rejected accident claim.
Hanjin Heavy in the black for Q1
South Korean shipbuilder's margins increase in first three months as Philippines operation produces the goods.
Sealink off to poor start
Shipbuilding arm to blame once again as Malaysian offshore player sees profits slump by almost 50%.
Chartering
free news
Tankers
New late May/early June cargoes edge up rates in the Mediterranean.
VLCC:
Suezmax:
Aframax:
Dry Cargo
Capesize and panamax markets slacken in both basins on a down day for the BDI.
Capesizes:
Panamaxes:
Supramaxes:
Containers
Hamburg Shipbrokers' Association's new ConTex containership chartering index up four at 412.
4,250 teu:
2,700 teu:
1,100 teu:
Offshore
Only three fixtures have been made since Friday but Statoil takes a pair of anchor handlers, brokers say.
AHTS:
Large PSV:
Small PSV:
ID Integrity heads for Cairns
Danish bulker now being towed to closer port after crew man on rescue tug falls ill and other factors.
Tacoma volumes head higher
Container traffic at top ten US port increased by 4.3% last month helped by an increase in imports.
US shipping stocks see rally
Frontline, OSG and Eagle Bulk all up over 10% Monday as Wall Street snaps a six-day losing streak.
SinOceanic inks newbuild finance deal
Jan Haakon Pettersen-led boxship owner wraps up expensive short-term package to finance costly newbuilding.
TDW tops forecasts in fiscal fourth
Dean Taylor prepares to leave on a high note as New York-listed offshore giant sees earnings more than double.
Noble targets ETA’s frozen funds
Hong Kong trader attempts to unthaw cash tied to Heidmar case after Emirates Trading fails to settle arbitration award.
PL Ferrari links up with Frank Crystal
Leading US insurance broker launches marine operation in partnership with top P&I specialist.
TransAtlantic anchor-handler goes long
Swedish offshore vessel about to break out of the spot game after penning Stena drillship support pact with Chevron Canada.
Concern over Vietnamese ships
Country's register says at least 20 vessels detained this year over safety issues.
ONGC comes under owners' fire
SCI and Greatship have a pop at charterer for booking elderly offshore vessels at rock-bottom rates.
Shell picks up Frontline triplets
Time charter rates hold steady despite spot surge as tanker titan ties up series of two-year VLCC fixtures, brokers say.
Consumer defaults spook dry-bulk
Chinese buyers move to delay or cut coal and iron ore contracts delivering more bad news for bulker rates.
Evergreen lines up another new loop
Taiwanese containership giant prepares to pair of 2,000 TEU vessels to work on Persian Gulf rotation.
Excel Maritime fixes bulker duo
Greek owner finds another year's work for two ships, with Iron Vassilis taking $3,000 per day pay cut.
Marenave making more money
Tobias Konig-led tanker and bulker owner posts best quarterly profit since 2008 crash as revenue jumps.
Mauritius taking on the pirates
Indian Ocean island agrees deal with Somalia to prosecute hijackers from next month.
Hoegh LNG lands FPSO gig
Sveinung Stohle-led company wins engineering study for floating liquefaction unit.
Vale to build VLOC transfer hub
Brazilian mining giant may chose Korea for a second trans-shipment hub for its giant ore carriers.
Braemar boys bank smaller bonuses
Shrinking performance bonuses take a toll on the pay packets of Alan Marsh, James Kidwell and Quentin Soanes.
Kyoei Tanker signs for VLCC
Japan's Universal seals order for 318,000-dwt tanker as domestic yards' VLCC comeback continues.
Latest Articles
- Stealth on the lookout
- Solvang cited
- Sanko Mineral still in custody
- Let’s make a deal
- Golar LNG Partners downed
- Boyden back in business
- MOL joins rivals
- DFDS falls to a loss
- Dung on the run
- Will you see an end product?
- Dark day for boxship
- Vale rubbishes boycott talk
- Yard window wide open
- Sevan switches to black
- Passenger in toilet trouble
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