Greek splash

TradeWinds digests the digits making the headlines this week.

Paper chase - key figures from shipping's favourite newspaper.

$500m: Investment planned by Evangelos Marinakis on boxship and MR tanker newbuildings.

(Marinakis makes giant order splash)

4: Bulkers that John Fredriksen’s Golden Ocean looks set to cancel at Jinhai Heavy Industries following delays.

(Golden Ocean closes in on more bulker cancellations)

9: Bulker newbuildings ordered by Axel C Eitzen at Yangzhou Guoyu Shipbuilding as he stages a comeback to the shipping arena.

(Eitzen back in newbuilding action with huge China order)

3: Trio of German companies get together to create a mega brokerage for 250 container feederships.

(German trio form monster broking venture)

3: Months before P&I clubs provide repatriation cover for unpaid crew of abandoned TMT combination carrier ‘A Whale’.

(Revised cover offers no help to TMT crew)

6: Fully refrigerated gas carriers Navigator is already looking to sell a little more than six months after buying them from Maersk.

(Navigator set to sell Maersk sextet)

Digital digits - numbers hitting the headlines on

$200m: Profit logged by Maersk Line in the first quarter, overturning a $600m deficit in the same period of 2012.

(Maersk Line back in profit)

$395m: Paid by US offshore giant Tidewater for Norway's Troms Offshore as it expands into the North Sea.

(TDW buys Troms Offshore)

1: Capesize purchased by Golden Ocean from bankrupt Korea Line Corp (KLC) for around $34m, its first ever second hand cape purchase.

(GOGL pounces on cape)

11: Jail sentence for a fraudster who purported to be a member of the Kollakis shipowning family, four years more than originally handed down.

(More jail time for fraudster)

2: MR products carrier newbuildings ordered by Marco Fiori’s d’Amico International Shipping at Hyundai Mipo Dockyard.

(DIS in private equity deal)

2: 50-000-dwt products carriers options declared by a joint venture between Sweden’s Stena Bulk and Indonesia’s Golden Agri Resources.

(Two for Stena Bulk and GAR)

8: Eco-handysize bulkers ordered by German owner Vogemann at Samjin Shipbuilding .

(Vogemann inks quartet)


  1. US could play bigger role in bunker market

    Region has capabilities to be major supplier of ultralow sulfur fuel oil, says Wood Mackenzie.

  2. Svitzer under fire

  3. Korean yard nepotism dying out

    DSME and HHI ending tradition of giving jobs to worker's children.