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Uncertainty fuels sell-off

Shares of Knightsbridge Shipping took a beating Friday after posting a third-quarter loss that was overshadowed by a dividend cut.

News -  tradewindsnews.com 21.11.14

Pullmantur expands

A leading cruiseship operator appears to be moving forward with a campaign aimed at expanding its presence in Latin America.

News -  tradewindsnews.com 21.11.14

Dag digs in

The chief executive of American Shipping Company (AMSC) has acquired more shares of his own company.

News -  tradewindsnews.com 21.11.14

Cape hunt continues

Knightsbridge Shipping and Golden Ocean may pursue more acquisitions upon completion of a merger that will create one of the world’s largest operators of capesize bulkers.

News -  tradewindsnews.com 21.11.14

Capes turn down

Capesize rates slipped Friday to end the week on a downward trend.

News -  tradewindsnews.com 21.11.14

Fitch tunes up Sovcomflot

Fitch has flipped to a more positive stance on OAO Sovcomflot following a tanker market recovery and stronger than expected results for the shipowner this year.

News -  tradewindsnews.com 21.11.14

DFDS comes strong

Closing routes and network adjustments have not been a major obstacle for ro-pax owner DFDS, as it boosted third quarter earnings.

News -  tradewindsnews.com 21.11.14

Medvedev's wake-up call

Russia's shipyards are lagging far behind global rivals, according to prime minister Dmitry Medvedev.

News -  tradewindsnews.com 21.11.14

StealthGas profit dips

Greek LPG owner StealthGas has fallen behind Wall Street expectations as it posted a smaller profit during the third quarter.

News -  tradewindsnews.com 21.11.14

UK rates edge up

Owners have defied the PSV tonnage pile-up in North Sea ports to extract more cash from charterers.

News -  tradewindsnews.com 21.11.14