News
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West Africa suezmax daily earnings dip below $20,000 for first time in six weeks
Charterers drip feeding cargoes into the spot market have left owners scrambling for work
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KG fund Emstor files for insolvency
Failure is latest in a series of insolvencies of funds from the Leer-based GHF stable
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Armed guards’ insurance cover needs greater clarity
Shipowners could be liable for PMSCs that lack adequate or correct cover
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SCFI dips as box lines seek to double Asia-Europe freight rates
Carriers press for price increases of more than $700 per teu
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ITF to launch Asia inspection blitz
Del Monte-operated ships to be targeted
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Larger handysize sector faces tonnage glut
Orderbook for ships in top-end of vessel class close to 50% of fleet
- Capesizes dodge the worst of the dry market meltdown
- Höegh exercises option for third FSRU as LNG demand rises
- French public prosecutor announces investigation
- PetroChina buys $1bn stake in Shell’s Canadian shale gas business
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Stabilisation of dry bulk asset values is imminent
Chief executives agree secondhand and newbuilding prices cannot go much lower
- HCI Capital tops KG league
- Hapag-Lloyd sale could be completed within weeks
- Electronic pay firms woo seafarers away from wage packets
- Glencore merger with Xstrata would threaten bulk trades
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Australia plans national maritime law
Act would replace eight sets of laws -
US Senate committee approves tougher sanctions against Iran
Shipping under scrutiny as US puts the squeeze on Tehran -
DFDS and Louis Armateurs set Dover-Calais launch date
Norman Spirit to be switched from DFDS Dover-Dunkirk service, with a second ship to be added ‘in due course’ -
DSME slumps in fourth quarter
But yard still fares better than peers -
Kirby celebrates record-breaking fourth quarter
Barge operator benefits from inland boom -
Costa to choose Concordia salvor
Ten companies invited to submit proposals -
Samsung Heavy profits fall 12%
South Korean builder cites rising steel costs and fewer deliveries for higher-value vessels -
At least 100 still missing from Rabaul Queen
Search off Papua New Guinea hampered by high seas -
Hyundai Heavy reports sharp drop in profits
But South Korean yard wins another FSRU newbuilding contract from Hoegh LNG -
China Shipping Development separates dry bulk and tanker units
Simpler structure aims to boost efficiency
Market Data
1,070.17 (14.56) Top 50 Shipping Companies Index
Analysis
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US sanctions leave room for manoeuvre
Waivers for countries that show intent to reduce... -
Iran conflict rubs salt in tanker industry’s wounds
Hormuz Strait closure may be less of a threat than... -
How staying neutral keeps a rail freight provider on the right track
As a third-party supplier of container trains, DB... -
Wilhelmshaven to offer boxships a 70% port dues rebate
The deepwater, four-berth Eurogate Container Terminal...
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