TradeWinds
Shipping Index

New5 in Numb3rs

TradeWinds digests the digits making the headlines this week:

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


George Economou is on the IPO trail again.

2: Norwegian brothers, Sverre and Gregard Tidemand, heading for court as warring over Tidship shares held by their late father intensifies. More...

3: Cancelled tanker newbuildings fixed to Brostrom by shipyard Mad Marine’s new owning arm. More...

4: Eastwind vessels, including two newbuildings, gobbled up by Fednav of Canada. More...

6: Marine Capital Shipping bulkers which DnB NOR is lining up for sale following troubles at the Hong Kong-based shipowner. More...

10: Growth in Oldendorff’s capesize fleet over the past 12 months following latest addition this week. More...

20: Percentage of boxship start-up The Container Company controlled by Anders Wilhelmsen, its largest shareholder. More...

35m: Cost per ship of Transocean’s kamsarmax trio booked at Sungdong in South Korea. More...

130m: Cash Target Marine of Greece must find to pay for suezmax newbuilding brace in the pipeline at Samsung Heavy Industries. More...

150m: Price paid by Sammy Ofer for each of five Zodiac newbuildings now fixed to Maersk at loss-making rates. More...

200: Cash stumped up by Nordea for IPOs of Peter Georgiopoulos' Baltic Trading, and Evangelos Marinakis's Crude Carriers. More...

400m: George Economou’s minimum target from IPO of DryShips’ offshore drilling arm, which could just take place in Oslo. More...

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


d’Amico boss, Marco Fiori.

0: Spot anchor handlers required by Statoil for rig moves in March, bringing more bad news to owners in the North Sea. More...

2: Product carriers booked by Morgan Stanley and Vitol to move gasoil into Chile following a devastating earthquake. More...

43: Percentage of UK flagged ships which could dump the register if a new law on pay equality goes through, Chamber of Shipping warns. More...

1,100: Angry Hanjin Heavy workers in walkout over planned job-cuts. More...

10m: Price sliced from two d’Amico International tankers at Hyundai Mipo despite delays and upsizing of the newbuildings. More...

100m: Investment by STX and PJMR into new Brazilian shipyard which is a leading contender for eight Transpetro LPG carriers. More...

160m: Potential haul for OSG as it lines up share issue. More...

310.5m: Evangelos Marinakis’ target from Crude Carriers Corp’s NYSE float. More...

2.09bn: Annual loss at Maersk Line, forcing parent AP Moller $1.02bn into the red in 2009. More...

3.4bn: Dollars sent home by Filipino seafarers in 2009, up 12% from $3.03bn in 2008. More...

5.6bn: Eike Batista’s OSX is aiming high with Sao Paulo IPO. More...

Published: 10:12 GMT, 05 Mar 10 | updated: 10:23 GMT, 05 Mar 10
Latest News
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Lundh’s chemical coup

Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.

20:36 GMT, 10 Feb 2012
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RLOG on the up

Great Lakes bulker specialist predicts another profitable year as expanded fleet lifts bottom line.

18:09 GMT, 10 Feb 2012
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Full circle for finance man

Investment banker Kevin O'Hara has rejoined New York boutique firm AMA Capital Partners after seven years.

16:10 GMT, 10 Feb 2012
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Iran facing shipping squeeze

Trade dwindling as Maersk and Hapag-Lloyd among those pulling out due to US and EU sanctions.

16:07 GMT, 10 Feb 2012
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Strike three for Saverys

Shipowner Marc Saverys continues to sell off stock in shipbroker Clarksons.

15:58 GMT, 10 Feb 2012
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DSX plays down Daelim drama

Cargill steps in as South Korean charterer coughs up cash to cover early return of bulker to US-listed owner.

15:58 GMT, 10 Feb 2012
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Tough end for ASL Marine

Singapore-listed offshore company sees revenue and earnings sliced by a quarter in the final period of 2011.

15:21 GMT, 10 Feb 2012
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Dividend chop just the start

Axing of shareholder payouts at OSG may need to be accompanied by asset sales, analyst says.

15:04 GMT, 10 Feb 2012
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Peel plots post-panamax port

Port of Liverpool owner ready to spend £250m on new containership facility at Seaforth.

14:38 GMT, 10 Feb 2012
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Seabird swoops on contract

Oslo-listed seismic outfit eases financial troubles with award of $13m deal.

14:03 GMT, 10 Feb 2012
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GE earnings cut

Weaker bulker markets in third quarter sees Indian owner's profit chopped, but tankers improve.

13:41 GMT, 10 Feb 2012
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BLT has some backing

Creditors are being supportive of Indonesian owner’s restructuring efforts, says Kevin Wong.

13:36 GMT, 10 Feb 2012
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