LloydsList (164)

Container coating business hits Cosco Shipping International bottom line

Net profit dropped 29% to $30.5m

State-backed creditors unveil $6bn rescue plan for DSME

Deal to prioritise debt restructuring for the shipbuilder

Rotterdam port signs deal to explore Pecem port development

Study will explore the feasibility of a joint venture between Rotterdam port and the state government

AAPA pushes for more transportation infrastructure funding

Move comes amid concerns of port-related budget cuts by Trump administration

Svitzer buys tug newbuilding to bolster Southhampton port fleet

Vessel to be deployed to port in early May

Owners stand to benefit from scrubber installation, say bunker players

CMA 2017: Cheaper residual oil prices expected after 2020 as refineries continue production

More noise from the river

The launch of a new Port of London Authority handbook comes as an air of optimism is abroad on the Thames

US cracks down on ballast water management extensions

CMA 2017: Stringent requirements for granting extensions puts programme under question post 2018

Alliance contract arrangements behind Box Club raids

Third-party statements more likely cause than price fixing concerns for subpoenas on liner executives

Maersk offers concessions over Hamburg Süd deal in bid for EU clearance

European Commission extends approval deadline to April 10, as Maersk offers to withdraw from trades in which it would have a large market share

Diana Containerships lines up Kalani Investments securities deal

Agreement with DryShips' capital-raiser could raise proceeds of up to $150m for boxship owner

Western Bulk raises $18m for general purposes

Norway-based dry bulk operator is now well-positioned for future

Time charters gather pace as VLCC owners take cover

The vagaries of the spot market have become more pronounced, says broker

Barbarians at the gate?

Industry viewpoint: Digital disruption in breakbulk logistics is a force that needs to be managed

Shipping confidence cools

Charterers, brokers and managers see potential trouble ahead

VLGC spot rates' 20% rise looks to be a spike

Rally could be over before it has begun properly, experts warn

BG Freight launches Liverpool-Cork feeder service

First direct link to start on Monday

Tropical low forces Port of Dampier to clear vessels

Port authority 'activates cyclone response procedures' across all ports

BG Freight launches Liverpool-Cork feeder service

First direct link to launch on March 27

Panamax rates slip on limited activity

Market pins hopes on grain shipments out of east coast South America

Auditor highlights material uncertainty in FSL Trust's results

The group and trust's current liabilities exceeded current assets by a significant amount

New Djibouti feeder line to serve Africa trade

Service will start with a 1,000 teu ship between Djibouti and Berbera

HSH Nordbank sets deadline for Rickmers Maritime

Troubled trust has until April 15 to come up with an acceptable restructuring plan

Triyards reveals financial impact of Ezra bankruptcy filing

Group liable for up to $38.5m the event of a default by Ezra

Inland Waterways Authority of India raises $52m from bond issue

Proceeds from the sale will be used to finance the authority's infrastructure initiatives

Secondhand prices soar as dry bulk market recovers

Shipping billionaires 2017: winners and losers

Kuehne, Kuok, Fredriksen, Ofer and Arison all increase their wealth, while MSC's Aponte sees slight decline in fortune

Cyprus takes over New York

A moment to celebrate before making its case as premier business destination

Maritime jobs at risk during Fourth Industrial Revolution

Seafarers, middlemen and even analysts could be among the casualties

US Justice Dept subpoenas Box Club members

Top container lines caught up in investigation into global container shipping industry

Marshall Islands Registry leaps to second place

CMA 2017: Influx of bigger crude tankers boosts tonnage alongside bulk carrier growth

DryShips eyes sea of opportunities for deploying capital

Sources close to George Economou dismiss rumoured moves for TOP Ships and Heidmar as nonsense

Supramax bulkers continue to firm

Nickel ore to China dominates reported spot trades

Minoan seeks explanations from 48%-owned affiliate Hellenic Seaways

Grimaldi's Greek subsidiary posts higher profits as it chases takeover target

UK Treasury discussing boost for training spending, MP claims

Unions and owners united in wanting SMartT budget doubled to £30m a year

Maersk and MSC reassure anxious US customers

2M partners confirm terminal calls in LA-Long Beach after local confusion

Half-sunken ferry eyesore removed from Piraeus

Contractor Antipollution SA tows away Panagia Tinou for demolition

Forwarders find solutions for Europe-Asia capacity crunch

Shippers seek southern ports as alternative as low draft on Elbe compounds eastbound ocean freight space shortage

Zhonggu Shipping applies for delisting

Chinese domestic shipping line is said to be seeking backdoor listing in Shanghai or Shenzhen

Markel hires Novella from XL Catlin

Industry veteran appointed assistant cargo underwriter

International Dockworkers Council calls off port strikes this week

Move comes as Spanish government's port labour reform proposals were shot down in parliament

Owners could fall foul of US cyber law

CMA 2017: Non-compliance with proposed Act could invalidate shipowners' insurance and bar them from ports

Korean authorities ask DSME bondholders to take a haircut

Additional financial aid contingent on such a move

Georgia Ports Authority reports 8% rise in box throughput for February

Total cargo volumes rose 10% to over 2.94m tonnes in the month

International Dockworkers' Council calls off port strikes this week

Move comes as Spain government port labour reform proposals were shot down in parliament

Are product tankers the next big bet?

Listed owners paint a rosy outlook as freight markets show signs of recovery

Shipping IPOs will return

Public offering to likely come from the dry cargo segment, says Capital Product Partners' Jerry Kalogiratos

The next big bet: product tankers?

Listed owners paint a rosy outlook as freight markets show signs of recovery

Let the next great cycle in dry bulk shipping begin

US-listed bulker firms are back in expansion mode

Euroseas targets feeder boxships over bulkers for acquisitions

Bulker buying interest curbed by recent increases in secondhand prices