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
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Ships for free

Zero charter rates confirmed today as dry-cargo pain intensifies.

16:30 GMT, 03 Feb 2012
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Engineer breaks leg

DS Agility officer fell through hatch into engine room while vessel was transiting Kiel Canal.

15:52 GMT, 03 Feb 2012
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McQuilling storms Brazil

Diversified US brokerage taps Petrobras talent to lead latest Rio de Janeiro invasion.

15:52 GMT, 03 Feb 2012
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Saved by frying pan

Last crewman taken alive from Costa Concordia whacked windows with kitchen equipment to alert rescuers.

15:40 GMT, 03 Feb 2012
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Precious hit by poor rates

Khalid Hashim-led owner has full year income cut by the weakening dry cargo market.

14:59 GMT, 03 Feb 2012
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Kirby high on petrochemicals

US oil products output pushes barge owner to another earnings record.

12:55 GMT, 03 Feb 2012
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What shipbroking is all about

Costa Concordia just a “rare anomaly,” law abiding miners, plotters brought to justice and long waits at the barbers.

12:49 GMT, 03 Feb 2012
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Korean funds on buying spree

Marine ministry authorises three investor groups to purchase eight boxships and bulkers for charter to HMM, SK and Sinokor.

12:42 GMT, 03 Feb 2012
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Total scrap record to topple

Braemar tips 2012 demolition derby to outrun the historic high set in 1985.

12:14 GMT, 03 Feb 2012
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Captain tops up TEN holding

Greek magnate buys up an additional $5m worth of stock in New York-listed tanker owner.

11:48 GMT, 03 Feb 2012
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French start Concordia probe

Paris prosecutor's office to investigate claims filed in France over the cruiseship disaster.

11:34 GMT, 03 Feb 2012
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MES sees better times

Japanese shipbuilder reports lower earnings but still sees full year improvement.

11:16 GMT, 03 Feb 2012
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