TradeWinds
Shipping Index

New5 in Numb3rs

TradeWinds digests the digits making the headlines this week:

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


Jan Haakon Pettersen.

2: VLGC newbuildings Stolt-Nielsen Gas in lining up in South Korea, with options for more ships also planned. More...

3: VLCCs set to enter Navig8 pool set up in partnership with John Fredriksen and another player. More...

10: Tankers penned by Mubariz Manismov’s Palami as the Turkish owner tops up its already bulging orderbook. More...

14: Percentage of ships in the Gulf of Aden which have kidnap insurance. More...

38: Slump in Reefer values, in percentage, shown up as Laskaridis of Greece takes former NYK trio. More...

20m-40m: Gross tonnes to be wiped from the global orderbook this year, predicts Barry Rogliano Salles. More...

100m: Fundraising target for boxship startup spearheaded by ex BW Gas bigwig, Jan Haakon Pettersen. More...

145m: Cost of two plus two kamsarmax order at Hyundai Mipo penned by newbuilding debutant Clemko Shipmanagement. More...

1bn: Bulker spending spree on the way for China’s Minsheng Financial, with 30 ships in its sights. More...

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


Morten Arntzen.

6: DryShips offshore units which were said to the honey for a takeover bid by AP Moller-Maersk, according to a rumour swarming New York this week. More...

30: Target fleet of Dof’s Brazilian unit NorSkan ahead of first half IPO in Sao Paulo, CEO Mons Aase says. More...

10m: Newbuilding orders, in gt, expected by Hyundai Heavy boss Min Keh Sik, this year. In 2009 ships totalling 18.6m gt were book at yards around the world. More...

25.3m: Annual profit for shipbroker Clarksons, in dollars, as memories of last year’s legal settlement are eased. More...

26m: Price Hong Kong-listed Pacific Basin is said to have paid to take in Cido Shipping bulker. More...

160m: Cash raked in by Morten Arntzen’s Overseas Shipholding Group following this week’s share issue. More...

228.2: IPO purse for Genco spin-off Baltic Trading in New York’s first post-credit-crunch listing by a shipowner. Its Peter Georgiopoulos-headed parent also chipping in $70m. More...

256.6m: IPO pot for Evangelos Marinakis’ Crude Carriers, the second shipowner to test the post-crash waters with a New York float. More...

3bn: Euro value of new business booked by Shipping finance group DVB Bank last year as profit slid by over one quarter to EUR 76.1m ($103.97m). More...

Published: 09:41 GMT, 12 Mar 10 | updated: 09:49 GMT, 12 Mar 10
Latest News
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SHIP sheds African Zebra

Dale Ploughman in the driver’s seat as US-listed bulker owner parts ways with ageing handymax at a loss of $2.4m.

21:32 GMT, 09 Feb 2012
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Ivar Lundh targets expansion

Swedish shipbroker celebrates centennial by spinning off management wing in a bid to cash in on chemical tanker upswing.

18:46 GMT, 09 Feb 2012
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Grand China feuds ignite

Norden and Oldendorff join fight to claw back cash from embattled Asian operator as judge orders asset freeze.

16:17 GMT, 09 Feb 2012
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Hijack sends FREE spinning

Nasdaq-listed owner sees market value drop by close to one tenth after one of its handies is snatched by Somali pirates.

16:16 GMT, 09 Feb 2012
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Business the Maersk way

Eighteen months off his centenary Maersk Mc-Kinney Moller speaks of the philosophy behind success as a shipowner and entrepreneur.

15:49 GMT, 09 Feb 2012
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Maersk cuts ship spending

AP Moller reveals more modest spending plans for its tanker and boxship arms as it battles cash burn.

15:48 GMT, 09 Feb 2012
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EMGS pulls in record profit

Oslo-listed seismic owner roars back from big deficit last year to card a personal best.

14:44 GMT, 09 Feb 2012
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Toei sees rates thaw

Japanese reefer owner expecting profitable fourth quarter despite nine-month losses widening.

13:51 GMT, 09 Feb 2012
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Fisher wins BP work

UK shipping group to charter in three anchor-handlers to support oil major's tanker operations in Angola.

13:15 GMT, 09 Feb 2012
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Freeseas bulker hijacked

Nasdaq-listed owner sees one of its ships fall into pirate hands.

12:26 GMT, 09 Feb 2012
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Clash captains held

Masters of PIL boxship and Russian cargo vessel arrested in Japan following collision that sank the latter.

12:07 GMT, 09 Feb 2012
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SCF plots seismic orders

Russian owner’s boss Sergey Frank says $200m deal for two firm survey vessels being lined up at USC.

11:51 GMT, 09 Feb 2012
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