The deal is part of a move by Deutsche Bank to draw a line under sour investments in the sector and to start a fresh push in transport lending

Big name in ship finance will make the switch at the start of next year

The owner has agreed to buy 5 ships which are expected to be delivered in the third quarter and has options to buy 4 more ships. When the 5 vessels are delivered in the third quarter, Navios Containers will control 30 vessels totaling 166,388 teu with an average age of 9.8 years

Update: BW LPG says it receives positive feedback from “a significant percentage of Dorian’s shareholder base”

The fund takes a conservative leverage approach and intends to distribute dividends regularly

Rolls-Royce is cutting 10% of its workforce but none of the job losses will hit the marine business, which has already been earmarked for possible disposal in the push to trim expenses

Blockchain platform Insurwave claims to streamline processes, but it needs more participants to come on board to see whether it works properly

Marine mutual holds annual general meeting in Gothenburg today

Move follows private equity backed merger of SSL and Endeavour

Big rise in net incurred claims to blame, says Gooch

Company's insured fleet rose by 43% in the 12 months to end-April, reaching a total of 2,200 vessels

Marine mutual made reimbursement for additional freight

China’s top anti-corruption agency, Central Commission for Discipline Inspection, is investigating the executive

Beware of the smartest people in the room for they do not know more than you do

A Dutch court ruled earlier this year that Seatrade violated EU waste laws with the ‘intention’ of scrapping four vessels

OW Singapore subsidiary manager Lars Moller was handed the prison term for a breach in granting a $125.1m credit to a Singaporean company

Inchcape Shipping now plans to focus on its core activities aimed at reducing customers’ voyage costs

Executive chairman Simon Morse was brought back in early 2017 with a remit to reach a settlement on accusations by the US government that the company had `violated the False Claims Act by knowingly overbilling the US Navy'

Supply chain challenges means that the country would have to increase imports to meet its peak season demand

Australia’s push for reform of the IMO has been boosted by the support of Liberia and the Bahamas, which are the world’s third and seventh-largest flag states respectively

A complaint has been made by the European Shippers’ Council competition commissioner about emergency bunker charges

The European Commission will hold hearings in the third quarter of the year ahead of a decision on whether to extend consortia rules

If the Australians guaranteed that box charges would be hypothecated to quarantine services, perhaps there would be less resentment of the levy

With just 18 months until the sulphur cap goes live, shipowners have issued a challenge to IMO. Who will blink first?

Marine mutual holds annual general meeting in Gothenburg today

Situation on board was under control and the rest of the crew was reported as safe

A recent exclusive report by Lloyd’s List found that more than 50% of serious accident investigation reports have not been filed with the IMO

More than half of accident investigation reports that are required to be submitted to the IMO for analysis have not been filed, according to research carried out by Lloyd’s List into very serious casualties that took place between January 2014 and March 2018

Containership casualty will go for repair following further evaluation

Criminal networks in Somalia are still capable of sophisticated attacks, as spillover threats from the war in Yemen compound West Indian Ocean dangers, OBP reports

NGO vessel at the centre of migrant furore is sailing north of Sardinia having encountered heavy weather overnight and is expected to dock at the Spanish port of Valencia on Sunday

Lack of in-house skills and industry knowledge has been identified by a major new survey of attitudes to Internet of Things technology

Eleven crew members aboard the general cargo carrier FWN Rapide have been released a month after pirates attacked the vessel off Nigeria 

Suitable policies available at modest cost, Moore insists

Criminal networks in Somalia are still capable of sophisticated attacks, as spillover threats from the war in Yemen compound West Indian Ocean dangers, OBP reports

The security measure will apply to all, including cargo terminals and bunker suppliers

Lloyd’s List has introduced the Port Infrastructure Development of the Year award to reflect the abundance of such projects underway in the Asia Pacific region. Port development in the region is expanding rapidly as One Belt, One Road accelerates and creates a ripple effect of project spending

A complaint has been made by the European Shippers’ Council competition commissioner about emergency bunker charges

Surging cost of hinterland connections from ports is increasingly being reflected in ‘all-in’ ocean freight transpacific contracts

Changing distribution model requires infrastructure changes

Efforts by Maersk and MSC to improve schedule reliability are to be applauded and can come none too soon for shippers

Priority access to slots and equipment will be extended to destination ports in Europe

With just 18 months until the sulphur cap goes live, shipowners have issued a challenge to IMO. Who will blink first?

Installation of 22 open-loop scrubbers targeted during first half of 2019

Customers must understand that the cap is contributing to the health of the globe, says Ikeda, and the extra cost if passed on to customers would be ‘pretty tiny, compared to the value of the cargo’

MSC Group president and chief executive Diego Aponte says mega ships are contributing to unreliable services as he seeks agreement from 2M partner Maersk to adjust schedules in their joint east-west network

OSM chief commercial officer explains why scale does not necessarily often a competitive advantage in this consolidation era

A strategy to get cargo afloat would be something more substantial than bureaucratic demands on ports and shipping for environmental plans

NGO vessel at the centre of migrant furore is sailing north of Sardinia having encountered heavy weather overnight and is expected to dock at the Spanish port of Valencia on Sunday

If the Australians guaranteed that box charges would be hypothecated to quarantine services, perhaps there would be less resentment of the levy

Lloyd’s List backs calls by the International Chamber of Shipping for all EU member states to ensure the policy of prompt and predictable disembarkation — consistent with UNHCR principles — can be fully maintained

The Maritime Anti-Corruption Network asked IMO member states to crack down on corruption at the June 5-8 Facilitation Committee

The 98,500 dwt vessel is due for delivery in the first quarter of 2021

Shipbuilder says report that its Chiba shipyard plans to quit commercial shipbuilding is wide of the mark

Newbuildings expected to be delivered in the second quarter of this year remain on the orderbook

Yard official says shipowners’ trust has recovered with DSME’s improved financial conditions and confirmed top management

Scaled-back diplomatic strategy towards South Korea comes as Japan tries to charm China into joining the negotiating table at the OECD

Aside from being Drewry’s managing director, the well-respected veteran has also been an entrepreneur in shipping for decades. His advice to interested investors: put money into human capital, not physical assets

Lloyd’s List has introduced the Port Infrastructure Development of the Year award to reflect the abundance of such projects underway in the Asia Pacific region. Port development in the region is expanding rapidly as One Belt, One Road accelerates and creates a ripple effect of project spending

Blockchain platform Insurwave claims to streamline processes, but it needs more participants to come on board to see whether it works properly

OSM chief commercial officer explains why scale does not necessarily often a competitive advantage in this consolidation era

DNV GL reveals that a lot of its cyber security research resulted from requests by Greek owners

DNV GL expert warns of significant waiting time for scrubber installations

The owner has agreed to buy 5 ships which are expected to be delivered in the third quarter and has options to buy 4 more ships. When the 5 vessels are delivered in the third quarter, Navios Containers will control 30 vessels totaling 166,388 teu with an average age of 9.8 years

The 98,500 dwt vessel is due for delivery in the first quarter of 2021

Acquisition solidifies International Seaways' position in the middle-tier of publicly traded tanker companies in the US

Private placement raises funds as owner sells 7.25m shares

Belgium-based company will record a gain of $10.6m in the second quarter from the sale

US-based suezmax owner says the sale of all five vessels amounts to almost $50m