Japan’s top marine shippers seen navigating to profits in Q1

Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha are each expected to post a group pretax profit for...

Brazilian soy shippers may be heading for a record February -Braun

Brazil has begun its 2016/17 soybean export campaign this month as it looks to start offloading what should comfortably be a record-large harvest.

Shippers avoid new ‘pirate hotspot’ in waters west of the Philippines

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, stoking their costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations.

Japanese shippers kicked when down as strong yen worsens weak outlook

Japan’s big three shippers will report earnings on Monday as yen strength threatens to widen annual loss estimates, in a sector shaken by shrinking demand and over capacity that has already sunk a major carrier.

Surcharge can help cushion shippers from burden of cleaner fuel costs

Cleaner marine fuels with lower sulfur content will push up the operating costs of shipowners but geographical consistency in fuel specifications can help them push for a surcharge while negotiating freight with charterers, a senior shipping industry offi

Japan shippers split Singapore bunker term amid price uncertainty

Japanese shipping companies have completed term negotiations to lift bunker fuel from Singapore, with owners opting to split the six-month October-March term into two three-month cycles with different pricing, market participants said.

Global Shippers Eye Spoils of Hanjin Collapse

The world’s top two shipping companies are setting up new routes to and from Busan with an eye to mopping up the business of bankrupt Hanjin Shipping.