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  • AET takes deep cut on VLCC period charter

    Singapore’s AET Tankers has locked a VLCC into a one-year time charter for less than half of what it has been earning for the past two years. European brokers said India’s Reliance Industries has chartered the 299,300-dwt Bunga Kasturi Enam (built 2008) at $20,000 per day, which is in line with recently concluded 12-month deals. The tanker is coming off a two-year charter to Valero at $42,500 per

    Tankers  tradewindsnews.com 1 hours old Trond Lillestolen

    Fidelity ups stake in MPC Container Ships

    Boston-based investment manager FMR buys 3.1 million shares in Oslo-listed boxship owner.

    Finance  tradewindsnews.com 4 hours old Michael Juliano

    Scorpio Bulkers still in market of ‘rare deals’

    US-listed bulker owner is still open to acquisition opportunities that may 'come along.'

    Finance  tradewindsnews.com 5 hours old Michael Juliano

    Oldendorff talks ultramax bulker sales with Chinese bank

    Brokers say German owner has penciled in $310m deal with China Development Bank Financial Leasing

    Dry cargo  tradewindsnews.com 8 hours old Lucy Hine and Trond Lillestolen

    Stifel raises Scorpio Bulkers to buy

    Upgrade is given despite quarterly loss amid belief in improving market and benefit from IMO 2020. Scorpio Bulkers' shares gain 9% today to close at $7.85.

    Finance  tradewindsnews.com 8 hours old Michael Juliano

    Zagari says Star Bulk deal a 'significant' consolidation step

    Italian shipowner shares his thoughts on major transaction with Petros Pappas-led firm.

    Dry cargo  tradewindsnews.com 9 hours old Andy Pierce and Ian Lewis

    Goa Shipyard plans IPO within a year

    Indian yard eyes listing after becoming profitable.

    Shipyards  tradewindsnews.com 9 hours old Gary Dixon

    Star Bulk claims top spot on Wall Street

    Petros Pappas-led owner overtakes Golden Ocean as biggest bulker owner in US capital markets.

    Dry cargo  tradewindsnews.com 10 hours old Andy Pierce

    DFDS axes freight route after 'issues'

    Scotland to Belgium run dropped after failing to meet expectations.

    NEWS  tradewindsnews.com 10 hours old Gary Dixon

    Scorpio Bulkers keeps dividend amid first quarter loss

    First quarter red ink is deeper than analysts had projected.

    Dry cargo  tradewindsnews.com 12 hours old Andy Pierce