Finance

  By Karen Rodrigues – May 5 (Reuters) The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk

By Gavin van Marle (TheLoadstar) Shippers would prefer to be treated by container lines as partners rather than customers, according to a new survey. Shippers

SUNY Maritime College will recognize one of the most prominent women in the maritime industry with an honorary doctorate during its May 2017 commencement

by Jonas Cho Walsgard (Bloomberg) Fish farmers will need to get more kroner out of every fish to provide the next lift for the Oslo exchange’s

by Tom Hals (Bloomberg) Oilfield services firm Ezra Holdings Ltd (EZRA.SI) of Singapore filed for U.S. Chapter 11 bankruptcy on Saturday, blaming a prolonged

By Mike Wackett (TheLoadstar) Brokers are reporting good news for embattled containership owners this week in the container charter market, with a big rise in

Today the Connecticut Maritime Association (CMA) named Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers,  Commodore for the year 2017.

(Bloomberg) HSH Nordbank AG will stick to its full-year outlook when it reports nine-months results next week, a crucial yardstick for potential investors as

by Luca Casiraghi (Bloomberg) Havila Shipping ASA avoided a potential bankruptcy filing, after bondholders accepted a debt-restructuring deal hours before a

President-elect Donald Trump is expected to select billionaire shipowner Wilbur Ross Jr as secretary of the Commerce Department, the Wall Street

By Tom Hals (Reuters) A lawyer for Hanjin Shipping Co Ltd (117930.KS), the failed South Korean container carrier, said on Thursday a U.S.-bound vessel was held

By Gavin van Marle (TheLoadstar) Unloading operations have begun on some Hanjin vessels after the line finally began to update shippers and forwarders on

Alex Lennane (TheLoadstar) The air freight industry appears to have missed a boost to business from the collapse of container line Hanjin, after

by Hyunjoo Jin (Reuters) Shares in Hanjin Shipping (117930.KS) slumped by the daily limit of 30 percent in resumed trade on Monday as the South Korean shipping

By Joyce Lee and Keith Wallis (Reuters) Roughly half of Hanjin Shipping Co‘s container vessels have been blocked from ports

by Kyunghee Park (Bloomberg) Hanjin Shipping Co.’s vessels are getting stranded at sea after the South Korean container mover filed for court protection,

By Mike Wackett (TheLoadstar) Captains on bankrupt Hanjin Shipping vessels have been ordered to slow steam or stop altogether to avoid the risk of being served

By Sohee Kim and Kyunghee Park (Bloomberg) — Creditors of Hanjin Shipping Co. won’t extend support for South Korea’s biggest container shipping line

by Jiyeun Lee (Bloomberg) Extravagant dinners with whiskey and wine, golfing weekends, pricey beef and seafood gift sets. South Korean companies are trying to

by Anna Hirtenstein (Bloomberg) Copenhagen Infrastructure Partners K/S acquired Offshore MW LLC, a U.S.-based company that owns an offshore wind