Trade wars may push post-peak slowdown into the first quarter of next year, putting carriers’ 2019 contract negotiations at risk

ICTSI plans to carry out dredging works alongside both ports to allow safe passage for the new generation of international ships, while equipping the pair with modern quayside crane handling equipment

Japan Marine United will build eight 3,036 ships on behalf of Wan Hai and Guangzhou Wenchong Shipyard a dozen 2,038 units

Revenue has kept growing on more lifting volume, but bunker costs have gone up significantly

The four 6,927 teu vessels are expected to generate total ebitda of $135m for the owner over the charter period

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Greek dry bulk owner confirms deal to purchase 75,845 dwt vessel. The price is not given, but brokers estimate a value of $9.8m

Average weighted time charter earnings sink to $11,250 per day 

Container and dry bulk shipments are being tested using documentation exchanged in electronic formats via blockchain technologies

US-based company has bought six vessels in recent months and hopes to complete the sale of five bulkers in total by the end of the year

Safe Bulkers has agreed a number of loan amendments and refinancings, resulting in pushing back about $132m in balloon repayments

Russia’s Nord Stream 2 pipeline project raises Polish energy security concerns. The pipeline would bypass Poland and Ukraine to connect with Germany, leaving Russia freer to exploit the countries’ energy dependence

Tsakos Energy Navigation hopes to get clearance for vessel to proceed to a discharge port in the UK

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Oslo-listed company expects to operate 92 vessels by the end of 2020 from 82 in the third quarter

The Danish tanker owner could spend almost $80m on scrubber installations ahead of the 2020 sulphur cap

Revenue has kept growing on more lifting volume, but bunker costs have gone up significantly

The four 6,927 teu vessels are expected to generate total ebitda of $135m for the owner over the charter period

The group of creditors calls for an extensive investigation into Mercuria’s ‘undue control’ and ‘bad faith conduct’, which they say prevented the negotiation of a restructuring plan with Aegean’s debtors

Safe Bulkers has agreed a number of loan amendments and refinancings, resulting in pushing back about $132m in balloon repayments

The outlook remains positive for MR tonne-mile demand, said the company’s chief executive, who cited oil consumption growth, refinery expansions, vessel supply outlook and heightened demand from next year’s marine fuel switch

Deal marks a significant milestone in the club’s growth ambitions in China, says chairman

In a claim settled by the ITIC, the shipowner sought repayment arguing that the shipmanager should have been aware of California's July 2017 law change

But club joins London, UK, Britannia and Steamship in declaring zero general increase, effectively setting a benchmark for marine mutuals for the year ahead

But UK Club hints at future increases as combined ratio drifts out to 107% in first six months of 2018

The city has unique advantages and favourable conditions to help it cultivate arbitration business

The tsunami of regulatory red tape engulfing shipping has opened the way to sell services to shipowners, charterers and insurers on managing new risk exposures