Sanko under siege
Tokyo shipping clan loses ground in fight to defend assets from arrest as John Fredriksen-backed owner joins claimant queue.
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Berlian Laju targets renegade creditor
Emotions run high on the heels of Texas tanker seizure as reignited $55m charter battle escalates.
Eimskip steps up listing plan
Restructured Icelandic container line targets fourth quarter for IPO on Nasdaq OMX.
Getting cheek to cheek with a wealthy Greek
When stubble gets in the way at the ball, explosive LNG carriers, Greeks bearing gifts and a shipping guru who swapping a desk for a tractor.
Kyoei Tanker on comeback trail
Japanese VLCC owner expects small gain to next March, turning around loss in previous year.
Vinalines bosses arrested after losses
In echo of Vinashin case, state owner’s ex-chairman Duong Chi Dung and others held in Vietnam over alleged financial mismanagement
Where's all the cash gone?
Nobu Su seems to have left his wallet at home but others are splashing out.
Essar Shipping back to black
Diversified Indian owner leaves red ink behind as long-term charters boost shipping revenue.
Norwegian Car Carriers back for more
Oslo-listed owner selling another chunk of shares in follow up placement.
Sasebo halts Sanko newbuilding
Japanese yard stops construction of cash-strapped owner's VLGC due for delivery next December.
Stena ferry collapses box crane
Three port workers injured in Poland as Stena Spirit hits gantry at Gdynia.
Fesco is $1bn takeover target
Ports group Summa linked to huge deal to buy Sergei Generalov’s containership and bulker company.
Greek owners ride to the rescue?
Union of Greek Shipowners urges wealthy members to dig deep in pockets to help compatriots suffering from cutbacks.
John Dragnis prepares to scrap
Boss of Greece’s Goldenport says attractive demolition prices mean more older ships could leave fleet.
ICG losses grow as costs rise
Higher fuel bills still hurting Dublin-based owner of Irish Ferries, but passenger numbers up.
What did bulker captain see?
Jury to decide whether Gaurav Prem's master knew that plastic pipes were being dumped off Alabama.
Greek tanker held in Nigeria
Takoradi and 11 crew detained over alleged smuggling of petrol in Lagos.
P&O enters floatel trade
Ferry operator has converted a ro-ro vessel to support technicians working on a wind farm in the North Sea.
Japan in weak start to 2012
The nation’s shipbuilders have made the second to worst start to a fiscal year in over a decade, figures show.
D’Amico doubles down on eco-bulkers
Cesare d’Amico says design is a game-changer as banks flock to finance $267m worth of dry newbuilds inked at Chinese yard.
Chartering
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Tankers
VLCC earnings improved $3,000 per day on Friday from the Persian Gulf to Asia.
VLCC:
Suezmax:
Aframax:
Dry Cargo
Capesizes continue to close the gap on panamaxes following another day of contrasting fortunes.
Capesizes:
Panamaxes:
Supramaxes:
Containers
Hamburg Shipbrokers' Association's new ConTex containership chartering index up three at 408.
4,250 teu:
2,700 teu:
1,100 teu:
Offshore
A number of anchor handlers are still idle and the situation could be about to get worse.
AHTS:
Large PSV:
Small PSV:
Navios unit dodges bareboat bullet
Navios South American Logistics avoids $30m product tanker raid by locking duo up for another four years.
Craig fixes ERRV newbuilds
UK shipowner has secured employment for a series of four emergency response vessels on order in Spain.
Teekay Corp back in black
Better rates and lower costs boost US-listed tanker and LNG carrier giant’s bottom line.
Maersk Line hikes LatAm rates
Danish liner giant looks to recover higher operating costs on Latin American market with increased charges.
Frangou monitors S&P scene
Unsettling trends in sale-and-purchase environment on exec’s radar as Navios Holdings prepares for prudent expansion push.
Premuda widens its Q1 loss
Italian owner blames falling tanker and bulker rates for worse start to 2012.
GasLog profit falls after New York IPO
Peter Livanos-led company sees first quarter dip and expects earnings to stay flat until newbuild arrives in January.
Kentucky kicker steals the spotlight
Dry researcher raises concerns about declining US coal production as NewLead Holdings gets cooking in the ‘Bluegrass’ state.
TOO takes flight in the first
Teekay Offshore ready to ride the acquisition train while dishing out dividends following quarterly gain as liquidity tops $436m.
Yuri Nikitin must stand trial again
UK judge rejects bid to boot out Novoship's allegations of bribery against Russian businessman.
Sembcorp Marine bags upgrade work
Singapore-listed company’s Sembawang Shipyard to pocket $100m to revamp two LNG carriers and an FSO.
Seaspan Corp beats the Street
Gerry Wang-led boxship owner sees earnings come in ahead of analysts estimates.
Derivatives dent Teekay LNG
Financial losses push down first quarter profit at LNG arm of Teekay empire.
California ports data mixed
US ports of Los Angeles and Long Beach have reported very different performances for the month of April.
Drewry down on suezmaxes
UK research group pulls no punches in its latest assessment of the prospects for mid-size tanker segment.
Heilan Cruiser saved from pirates
Attack on Nasco bulker newbuilding thwarted by Iranian warship in Sea of Oman.
Officer was just following orders
Mercator Lines bulker crewman tells US court captain ordered him to dump plastic pipes overboard as Gaurav Prem trial begins.
Murmansk heads into the red
Russian tanker owner makes small loss in first quarter as revenue drops 10%.
BP Shipping confirms PSV quartet
Oil giant admits to building four platform supply vessels at Hyundai Mipo for North Sea operations.
Aussie fund sells port stake
Australian infrastructure fund is offloading its 50% stake in eastern Australian port after twelve years.
Hallin Marine fixes Outer Limit
UK offshore vessel operator charters innovative catamaran subsea and offshore operations support craft.
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- Sanko under siege
- BLT targets renegade creditor
- Cheek to cheek with a Greek
- Eimskip steps up listing plan
- Essar back to black
- Kyoei on comeback trail
- NOCC back for more
- Ferry collapses crane
- Where's all the cash?
- Vinalines bosses arrested
- ICG losses grow
- Sasebo halts Sanko newbuild
- Dragnis prepares to scrap
- Greek owners to the rescue?
- $1bn bid for Fesco
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