TradeWinds
Shipping Index

New5 In Numb3rs

TradeWinds digests the digits making the headlines this week:

Paper chase - Key figures from shipping’s favourite newspaper:


Evangelos Marinakis.

0: Interest among banks to get involved in CSAV’s planned five-vessel newbuilding order.

1: Pipavav newbuilding destined for Setaf-Saget which has bitten the dust after the Indian yard failed to deliver on time.

4: Chemical tankers booked by Greek owner Cosmoship in Korea which have been switched for bulkers and boxships.

6: Potential containership newbuilding haul for Torvald Klaveness as it plots $240m spree in China.

13.7m: Dollars spent in the summer transfer market by Evangelos Marinakis-led Olympiakos Football Club. The new recruits include the highly-rated Krisztian Nemeth from Liverpool.

110m: Fire-sale price tag slapped on Gulmar dive support vessels, well below their $180m contract value.

400m: Dollars Hamburg Sud is shelling out for eight newbuildings at Shanghai Shipyard.

Digital digits - Numbers hitting the headlines on tradewinds.no:

2 to 3: Number of years over which John Fredriksen predicts shipowners will now struggle to make money.

(JF tips tanker trouble)


Jacques Saade.

6: Crew missing following a crash between a Euronav VLCC and a Chinese general cargoship off China.

(Six missing in VLCC smash)

45,500: Pounds splashed on Braemar shares as CEO Alan Marsh treats his children.

(Stocks not socks for Marsh’s kids)

90m: Jo Tankers’ spending on latest pair of newbuildings at New Times Shipbuilding.

(Jo pens tanker pair)

100m: Dollar bills bound for the bank account of K-Sea Transportation following injection from First Reserve and Kayne Anderson.

(Heavyweights in at K-Sea)

340.8m: Top deck IPO target for Bob Burke-backed Ridgebury Tankers.

(Ridgebury closes in on IPO)

864m: Profit stacked up by Jacques Saade-led CMA CGM in the first half of 2010.

(CMA CGM sheds the red)

Published: 07:28 GMT, 03 Sep 10 | updated: 07:28 GMT, 03 Sep 10
Latest News
Article image

Frangou scans S&P scene

Unsettling trends in sale-and-purchase environment on exec’s radar as Navios Holdings prepares for prudent expansion push.

22:50 GMT, 17 May 2012
Article image

D’Amico joins 'eco' order race

Cesare d’Amico says design is a game-changer as banks flock to finance $267m worth of dry newbuilds inked at Chinese yard.

18:21 GMT, 17 May 2012
Article image

Kentucky kicker

Dry researcher raises concerns about declining US coal production as NewLead Holdings gets cooking in the ‘Bluegrass’ state.

17:28 GMT, 17 May 2012
Article image

Derivatives dent TGP

Financial losses push down first quarter profit at LNG arm of Teekay empire.

15:25 GMT, 17 May 2012
Article image

GasLog falls after IPO

Peter Livanos-led company sees first quarter dip and expects earnings to stay flat until newbuild arrives in January.

15:01 GMT, 17 May 2012
Article image

TOO takes flight

Teekay Offshore ready to ride the acquisition train while dishing out dividends following quarterly gain as liquidity tops $436m.

14:55 GMT, 17 May 2012
Article image

Master snored as ship grounded

UK report reveals tale of drunkenness, violence and tears as Karin Schepers travelled for two hours with no one awake on bridge.

14:41 GMT, 17 May 2012
Article image

Teekay back in black

Better rates and lower costs boost US-listed tanker and LNG carrier giant’s bottom line.

14:27 GMT, 17 May 2012
Article image

BP confirms PSV quartet

Oil giant admits to building four platform supply vessels at Hyundai Mipo for North Sea operations.

13:56 GMT, 17 May 2012
Article image

Nikitin must stand trial again

UK judge rejects bid to boot out Novoship's allegations of bribery against Russian businessman.

12:25 GMT, 17 May 2012
Article image

Sembcorp bags upgrade work

Singapore-listed company’s Sembawang Shipyard to pocket $100m to revamp two LNG carriers and an FSO.

11:32 GMT, 17 May 2012
Article image

Seaspan beats the Street

Gerry Wang-led boxship owner sees earnings come in ahead of analysts estimates.

10:04 GMT, 17 May 2012
ShipX Auction