TradeWinds
Shipping Index
Article image

BM Shipping tied to torch

Insolvent Italian bulker operator nears market exit as six vintage vessels sail to the scrap pile, brokers say.
23:19 GMT, 27 Jan 2012
Article image

Tankers the tonic for Platou takeover swoop

Peter Anker and Richard Fulford-Smith share their thoughts on potential takeover of ACM.

15:43 GMT, 27 Jan 2012
Article image

'Rocket ship’ slams Kentucky bridge

Foss Maritime and US Coast Guard call in T&T Bisso following Tennessee River wreck.

21:41 GMT, 27 Jan 2012
Article image

Fairstar Heavy Transport raises more

Dutch heavy lift owner pockets $11m from another private placement in Oslo.

16:26 GMT, 27 Jan 2012
Article image

Brittany banking on break-even

French ferry operator tipped for 2011 loss, but chairman says it is heading away from trouble.

15:58 GMT, 27 Jan 2012
Article image

Tandanor yard eyes offshore work

State-owned Argentinean plant teams up with construction companies to target Petrobras FPSO business.

14:25 GMT, 27 Jan 2012
Article image

RS Platou in for ACM Shipping

Peter Anker-headed broker is readying a takeover bid for Johnny Plumbe-led shop.

11:55 GMT, 27 Jan 2012
Article image

Crew! Get your free cash in Baltimore

The curious tale of how a whistleblowing seafarer turned one note into hundreds of thousands.

07:51 GMT, 27 Jan 2012
Article image

Havila Shipping sees strong finish

Njal Saevik-led offshore vessel owner reports a better final quarter and ties down PSV quartet.

14:19 GMT, 27 Jan 2012
Article image

Big John goes large on products tankers

Norwegian magnate confirms products tanker plan for Frontline 2012 as cheap newbuildings prove too tempting all round.

10:33 GMT, 27 Jan 2012
Article image

DNB confirms BLT debt exposure

Norwegian bank says portfolio still solid despite Indonesian tanker owner's freeze on payments.

12:13 GMT, 27 Jan 2012
Article image

Costa Cruises offers payout

Carnival Corp-owned cruiseship operator makes $15,000 plus costs compensation offer to passengers of Concordia tragedy.

11:23 GMT, 27 Jan 2012
Article image

Ship sale "a kick in the guts"

Australian union slams BlueScope's decision to offload upgraded veteran freight ro-ro.

11:40 GMT, 27 Jan 2012
Article image

Berlian Laju’s grades take a tumble

Fitch dumps its ratings on Indonesian shipowner in the wake of its debt difficulties.

11:22 GMT, 27 Jan 2012
Article image

Carnival sued by crew member

Gary Lobaton goes for class action against Costa Concordia owner, claiming evacuation came too late.

08:12 GMT, 27 Jan 2012
Article image

Zodiac lets boxship monsters go

Israeli owner's options expire for four more huge 16,000-teu vessels at STX in Korea.

11:11 GMT, 27 Jan 2012
Article image

West of England Club furious at downgrade

Reporting unnecessary as necessary gave an incorrect impression of a P&I club's stance.

11:11 GMT, 27 Jan 2012
Article image

Wartsila earnings take a dip

Finnish ship engine maker hurt by lower revenue in 2011, but says Hamworthy takeover will boost profit this year.

09:48 GMT, 27 Jan 2012
Article image

Passengership survives capsize scare

Passengers evacuated from Indonesia's Andika Nusantara after it listed in rough seas.

10:35 GMT, 27 Jan 2012
Article image

Meiji Shipping feeling more positive

Japanese tanker and bulker owner expects fourth quarter boost to erase losses.

09:07 GMT, 27 Jan 2012
Chartering
free news
Tankers

Daily earnings dip in the Persian Gulf despite a more active market on Friday.

VLCC:

down

Suezmax:

even

Aframax:

even

14:19 GMT, 27 January 2012
Dry Cargo

Tipping point remains a matter for betting men as all the indices drop again.

Capesizes:

down

Panamaxes:

down

Supramaxes:

down

14:38 GMT, 27 January 2012
Containers

Hamburg Shipbrokers' Association's new ConTex containership chartering index drops to 394.

4,250 teu:

down

2,700 teu:

down

1,100 teu:

down

16:44 GMT, 26 January 2012
Offshore

Another platform supply vessel gets a long-term deal but not much else happening.

AHTS:

down

Large PSV:

down

Small PSV:

down

16:55 GMT, 27 January 2012
Article image

Containership leaked gas

Singaporean-managed vessel ordered to stay off Australia after cargo damaged in rough seas.

08:26 GMT, 27 Jan 2012
Article image

Exmar ekes out Q4 profit

Belgian gas operator inches into the black in the last three months of 2011, not helped by loss at offshore arm.

05:32 GMT, 27 Jan 2012
Article image

Simatech hunts new boxships

Dubai feedership operator heading out to shipyards for up to four 3,000-teu vessels.

08:32 GMT, 27 Jan 2012
Article image

MMI dumps more DHT stock

Major shareholders are continuing to offload their stakes in the New York-listed crude tanker owner.

06:34 GMT, 27 Jan 2012
Article image

Japan steel output set to fall

Bad news from nation’s steel makers translates into more bad news for already weakened dry bulk sector.

03:52 GMT, 27 Jan 2012
Article image

Precious snaps up bulker

Khalid Hashim-led owner has bought an Indian-owned three-year-old handysize for just under $18m.

07:33 GMT, 27 Jan 2012
Article image

Berlian Laju battles debt disaster

Tanker giant in dangerous territory as it prepares to freeze trading and repayment of $418m owed on loans and ship leases.

15:47 GMT, 26 Jan 2012

Fazel Fazelbhoy goes deep

Article image

Transpetro tied to Osorio oil spill

Petrobras tanker wing issues alert as authorities race to contain oil leak at floating transfer station off Brazil.

22:37 GMT, 26 Jan 2012
Article image

Maersk in US green fuel trial

Danish giant’s container operation to switch to low-sulphur fuel while berthed in Port of Virginia.

00:54 GMT, 27 Jan 2012
Article image

Maersk Tankers crowns new chief

Danish shipping dynasty's tanker division trades king for a queen as Maersk Line lieutenant shifts gears.

17:25 GMT, 26 Jan 2012
Article image

Kuznik's harsh judgement on Judges

Former HSH Nordbank boss lets rip at US bankruptcy courts’ ridiculous knowledge of shipping.

15:04 GMT, 26 Jan 2012
Article image

Chembulk dodges BLT debt bullet

CEO of Berlian Laju’s Connecticut chemical arm claims its “business as usual” despite cash crunch at Indonesian parent.

21:15 GMT, 26 Jan 2012
Article image

Fairstar grabs Golden Eagle contracts

Oslo-listed heavylift specialist poised to sail to the North Sea after lining up $15m transport pact with Italian energy giant.

18:57 GMT, 26 Jan 2012
Article image

Navios Partners on the mark during Q4

Angeliki Frangou-led owner sees fourth quarter profit measure up favourably against Street bets.

13:38 GMT, 26 Jan 2012
Article image

Farstad Shipping joins bond flood

Oslo-listed offshore owner rakes in nearly $70m from a trip to the bond market.

15:27 GMT, 26 Jan 2012
Article image

Ezion Holdings scoops big charter deal

Singapore-listed offshore owner seals $93.5m contract for a service rig in North America.

15:56 GMT, 26 Jan 2012
Article image

Efploia fined over oil dumping

Greek operator guilty of pollution from bulker in Baltimore, while Danish owner must also pay $925,000.

10:34 GMT, 26 Jan 2012
Article image

Bulker scrap record to be toppled again

Macquarie Capital predicts dry-cargo demolition will shoot up by 50% in 2012.

15:53 GMT, 26 Jan 2012
Article image

Heerema Marine gets Ichthys LNG job

Dutch offshore owner to get a slice of McDermott’s $2bn Australian LNG pie.

12:56 GMT, 26 Jan 2012
Article image

Alam Maritim wins Samsung gig

Malaysian offshore vessel owner to bank $37m from a deal with Korean engineering firm.

17:31 GMT, 26 Jan 2012
Article image

Navios Partners in pact with parent

New York-listed owner secures two-year supramax charter with Navios Maritime Partners.

14:44 GMT, 26 Jan 2012
ShipX Auction