The company posted $5.3m in adjusted net losses in 2018, compared with $40.5m in the first nine months of 2017

Investors voted to ‘back the business and management team with significant new capital’ in September

Shipping fund had been targeting $250m through the issuance of 250m shares

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Survey of 10 countries found that most have some form of legislation covering electronic contracts

The orderbook is also recovering, with value of year-to-date new contracts already surpassing the total amount for 2017

Strike Club will continue as a member-controlled dedicated mutual delay insurer, operating as class of Standard Club and supervised by existing board

The ship leasing, and marine and specialty risk insurance businesses have been targeted for tax incentives especially

Exceptions are highly unlikely and might only be possible in the case of ‘egregious mistreatment’

IUMI committee chair is confident marine insurers will be able to handle any sulphur cap hiccups

Rough surf, gusty winds and heavy rain expected along the US Gulf coast from Tuesday

New man set to work across mutual’s regional teams in first instance, while Eccleston switches to Greece and Hustler heads for Singapore

Detention and demurrage charges can quickly add up and the situation could be exacerbated in the case of lower value cargo

Nautilus International surveyed more than 500 seafarers as part of its investigation and will file a report on its findings, including advice for seafarers faced with prosecution

Christopher Jobson is a prominent marine and dispute resolution partner and returns to the firm’s Hong Kong office which he first joined in 1990.

The ship leasing, and marine and specialty risk insurance businesses have been targeted for tax incentives especially

Parties involved in 2015 incident are now considering any further legal moves after two vessels were left with hefty repair bills

Failure to comply with rules could result in delay, additional costs, legal action, or confiscation or destruction of goods

Current order book for 2018 made up mainly of equipment deliveries

Data-gathering proposal by the biggest flag states and shipping associations handed huge boost as US throws its weight behind an experience building phase

The IMO has approved a programme to develop GHG reduction measures until 2023 under a three-pronged approach

IMO secretary-general Kitack Lim acknowledges sulphur cap safety concerns but warns the challenge is consistent implementation of the rules

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Exceptions are highly unlikely and might only be possible in the case of ‘egregious mistreatment’

There have been no reported injuries or deaths from the collision of a 5,018 teu containership and 5, 250 dwt ferry north of Corsica on early Sunday morning

Maersk evaluated 3,000 United Nations hazardous materials classification numbers to produce its new set of stowage guidelines 

International Maritime Organization’s secretary-general Kitack Lim says the key to avoiding future incidents is ‘better co-operation and collaboration’

The vessel’s managers were detained after a preliminary investigation report claimed the vessel had more people than it should on board

The gang appear to have aborted the attack after armed security personnel on board the merchant vessel returned fire

Number of actual incidents drops to 50 between January and September but total number of incidents, including attempts, climbs to 64

Navies of the world are said to spend as much on cyber defence as they do on ship structures and weaponry, while commercial shipping remains in a very different league

IUMI committee chair is confident marine insurers will be able to handle any sulphur cap hiccups

Eric Ellen recognised the need for a co-ordinated global effort in order to tackle crimes against shipping

Cyber attacks and data theft are now the maritime industry’s Achilles’ heel, according to the Global Maritime Forum

Detention and demurrage charges can quickly add up and the situation could be exacerbated in the case of lower value cargo

Bridge is expected to provide an alternative to the current barging services that connect Hong Kong’s port with the Pearl River Delta

Deal to take over online freight booker will give INTTRA’s carrier and freight forwarder customers visibility of supply chain requirements

Little evidence of cargo front-loading on transpacific ahead of tariff rises, but fourth quarter could still give room for growth

The system was developed internally, compared to others who have pulled in major IT partners

The bill authorises the design and construction to deepen Seattle’s East and West Waterways, $29m in matching federal funds to complete the work, and expedited completion of a $3m study to dredge Tacoma's Blair and Sitcum waterways

Current order book for 2018 made up mainly of equipment deliveries

Data-gathering proposal by the biggest flag states and shipping associations handed huge boost as US throws its weight behind an experience building phase

The IMO has approved a programme to develop GHG reduction measures until 2023 under a three-pronged approach

Deal comes two months after government in Beijing made a proposal to promote the use of liquefied natural gas as marine fuel and to establish LNG bunkering centres in China

IMO secretary-general Kitack Lim acknowledges sulphur cap safety concerns but warns the challenge is consistent implementation of the rules

Listen to the latest edition of Lloyd’s List’s weekly podcast — your weekly briefing on the stories shaping shipping in the week ahead

Bangladesh led the major shipbreaking nations with 35 recycling projects in the quarter, while China scrapped just one ship, according to Brussels-based NGO Shipbreaking Platform

The happiest crews are those who get paid in full and on time, have good food and access to a gym and the internet, according to interviews with seafarers

The container carrier is partnering with Mitsui E&S Shipbuilding and Weathernews to develop condition based maintenance applications

Number of actual incidents drops to 50 between January and September but total number of incidents, including attempts, climbs to 64

Kyriakos Papadopoulos, who died this week, has been credited with leading missions to rescue more than 5,000 people during the refugee crisis in the eastern Mediterranean

Michael has maximum sustained winds of around 145 mph

Company’s trading and logistics business, which includes ship and mechatronics engineering operation, posted a segment loss of Yuan472.7m in the past year

Cargill, which is most closely associated with grains and other dry bulk commodities, is pursuing a build-up in tanker operations

The orderbook is also recovering, with value of year-to-date new contracts already surpassing the total amount for 2017

Its recent partnership with Mitsui to build large LNG carriers is an opportunity for Yangzijiang to once again demonstrate that it can do a better job than its state-owned peers

Agreement will see four 64,000 gt ultra luxury cruiseships being delivered from 2023

Current order book for 2018 made up mainly of equipment deliveries

Survey of 10 countries found that most have some form of legislation covering electronic contracts

Though the technology is available, implementation will be piecemeal, with regulation to follow

BIMCO, along with paint and coating manufacturers, ship operators and companies engaged in hull cleaning hope that by the autumn of 2019 a standard for the underwater cleaning of ships’ hulls that is safe, efficient and environmentally sustainable will be in place

The Marshall Islands, the Solomon Islands and Belgium call for international measures to achieve greenhouse gas emissions reductions before 2023

Cargill, which is most closely associated with grains and other dry bulk commodities, is pursuing a build-up in tanker operations

Earnings on the biggest bulkers should continue to rise through to 2020 before dropping off, a report by JP Morgan shows

Seanergy says it plans to grow its presence in the capesize market, which it believes has the best fundamentals in the dry bulk industry

Ferries owner saw first half of the year revenues rise following acquisition of Hellenic Seaways, but this positive position was partly cancelled out by higher fuel costs

Ofer-led shipowner has tendered the winning offer , said to be about $280m, for the six newbuilding tankers put up for sale in the Callimanopulos fleet bankruptcy

Weakening import demand from the UK and Germany, coupled with fast-growing ultra-large tonnage supply, overshadows Asia-Europe trade prospects