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  • Team Tankers 'very focused' on M&A activity

    Hans Feringa-led shipowner to make $7m annualized savings post major acquisitions.

    Tankers  tradewindsnews.com 2 hours old Rijuta Dey Bera

    J Lauritzen grows dry fleet amid optimistic view

    Additional time charter tonnage was contracted during the second quarter.

    Dry cargo  tradewindsnews.com 2 hours old Andy Pierce

    HSH Nordbank tips equity stake in Danaos

    Holding of more than 20% is the result of debt-for-equity swap hammered out in June.

    Finance  tradewindsnews.com 18 hours old Joe Brady

    Frontline leads the way as Fearnley sparks tanker share rally

    Crude tanker peer group on the up following forecasts for the next super-cycle.

    Tankers  tradewindsnews.com 21 hours old Andy Pierce

    Post-panamax sale shows firming price trend

    A sale of a post-panamax bulker owned by a Japanese company has provided a positive new price level for such tonnage, brokers say. Reports suggest the 98,700-dwt Ten Jin Maru (uilt 2011) has been sold at a price of $21.5m. Bocimar post-panamax bulker fetches firm price Sources tell TradeWinds some believe the price for the ship could be even higher, however, a buyer has yet to be confirmed. Ve

    Dry cargo  tradewindsnews.com 23 hours old Andy Pierce

    Fearnley Securities buys into new crude tanker 'super-cycle'

    Upgrade for a sector set to turn comes alongside buy ratings for International Seaways and Okeanis Eco Tankers.

    Tankers  tradewindsnews.com 24 hours old Andy Pierce

    Global Ports Holding narrows half-year loss

    The Turkey-based cruise port operator sees 'record' revenue but is hit with $16m cost tied to port operation rights.

    Finance  tradewindsnews.com 17 Aug 10:50 GMT Michael Juliano

    Skou keeping a lid on spending at Maersk and retains a dislike for scrubbers

    Newbuildings still off the menu for Maersk Line but a few scrubbers could be ordered.

    Finance  tradewindsnews.com 17 Aug 10:35 GMT Andy Pierce

    Western Bulk swings back to profit

    Oslo bulker operator sees higher revenue for the first six months of 2018 amid higher volumes and longer sailing distances.

    Finance  tradewindsnews.com 17 Aug 10:12 GMT Michael Juliano

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    AP Moller-Maersk swings cost axe in 'unsatisfactory quarter'

    Danish giant looks for a better second half despite what analysts believe was a relatively good second quarter.

    Finance  tradewindsnews.com 17 Aug 08:27 GMT Andy Pierce

    Golden Ocean to install scrubbers on 16 capesize bulkers

    Bulker owner has option to outfit 25 vessels with the IMO 2020-compliant technology.

    Finance  tradewindsnews.com 17 Aug 07:59 GMT Michael Juliano and Andy Pierce

    EMAS Offshore anchor-handler arrested in Singapore

    Singaporean shipyard says bills for repair work carried out on the Lewek Penguin are overdue.

    Offshore  tradewindsnews.com 17 Aug 07:37 GMT Jonathan Boonzaier

    AP Moller-Maersk reveals listing plan for Maersk Drilling

    Listing in Copenhagen planned for next year as strategy to change conglomerate into the FedEx of container logistics takes another step.

    Finance  tradewindsnews.com 17 Aug 07:19 GMT Andy Pierce

    Team Tankers books net profit in second quarter

    Laurin and Anglo-Atlantic Steamship acquisitions boost revenue at Hans Feringa-led shipowner.

    Tankers  tradewindsnews.com 17 Aug 05:43 GMT Dale Wainwright

    Celsius Tankers enters LNG sphere with Samsung orders

    Danish shipowner’s vessels will come scrubber and ballast water treatment system ready.

    Gas  tradewindsnews.com 17 Aug 03:20 GMT Dale Wainwright

    Oslo Bors looks to delist EMAS at second attempt

    Singapore offshore vessel operator given three weeks to appeal latest decision.

    Offshore  tradewindsnews.com 17 Aug 01:34 GMT Dale Wainwright

    Noble: EuroDry off to good start as a pure play

    Bulker owner’s healthy finances should widen investor appeal, says analyst.

    Dry cargo  tradewindsnews.com 17 Aug 00:57 GMT Rijuta Dey Bera

    Price rise and weak market turn Torm off newbuildings

    Jacob Meldgaard says Danish owner is not looking to add to its orderbook right now.

    Tankers  tradewindsnews.com 16 Aug 17:02 GMT Andy Pierce

    Salvors eye bounty from two tricky wreck removals

    Tender opens for clear-up of Raysut II wreck in Oman, while insurers ponder approach to SSL Kolkata removal in Indian waters

    Casualties  tradewindsnews.com 16 Aug 17:00 GMT Adam Corbett

    Crews face heavy new Australian pollution fines

    Individual seafarers could be charged millions of dollars and face imprisonment if they are found liable for polluting Australia's waters, under the country's new rules. Under a revised penalty system, which was recently reported by the West of England P&I Club, ship masters could be fined AUD 4.2m ($3m) and shipowners and charterers could be hit with AUD 15m penalties for pollution. The punishi

    Casualties  tradewindsnews.com 16 Aug 17:00 GMT Adam Corbett

    Shipowners seek tighter code on explosive cargo

    The International Chamber of Shipping is seeking to change the International Maritime Dangerous Goods Code to make the transportation of cargoes liable to polymerise safer for crew. Polymerisation has previously been raised as a possible cause of the 2012 fire onboard the 6,732-teu containership MSC Flaminia (built 2001) that claimed the lives of three crew. ICS calls on Trump to align US with I

    Casualties  tradewindsnews.com 16 Aug 17:00 GMT Adam Corbett

    2020 fuel switch deadline adds urgency to purge ‘bad bunkers’

    Spread of contaminated fuel comes at a critical juncture ahead of landmark regulation shift

    Tankers  tradewindsnews.com 16 Aug 17:00 GMT Terry Macalister

    China Navigation toasts outpost in Vancouver

    There was no shortage of Canadian shipping professionals ready to welcome the arrival of Singapore-headquartered China Navigation Co (CNCo) as it opened its office in Vancouver earlier this month. CNCo expands Canadian presence with new Vancouver office Lawyers seek WeChat data after bulker and tank barge collide Bruce Ralston, minister of jobs, trade and technology for the Province of British

    Dry cargo  tradewindsnews.com 16 Aug 17:00 GMT Rijuta Dey Bera and Jonathan Boonzaier

    Petrobras takes four MR tankers on period charters

    Brazilian oil company picks up quartet from Stena Bulk and Falcon Navigation

    Tankers  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen

    Carbofin lands LPG charter with Petrobras

    Italian shipowner Carbofin has concluded a $37.4m charter deal for two midsize LPG carriers with Brazilian energy giant Petrobras. Market sources said the Rio de Janeiro-based charterer has fixed the 35,000-cbm Alessandro Volta and 37,000-cbm Luigi Lagrange (both built 2006) for three years from the autumn. It is understood to be paying $520,000 per month for each vessel. Great Eastern buying s

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen

    Container market tilts in favour of liner operators

    Capacity management pushes down charter market, but shipowners believe the pendulum will swing back

    Liner  tradewindsnews.com 16 Aug 17:00 GMT Ian Lewis

    Astra takes first steps into tankers with pair of MR product carriers

    Four-year-old Greek outfit enters MR arena with Onomichi-built vessels

    Ship Sales  tradewindsnews.com 16 Aug 17:00 GMT Harry Papachristou

    Leaderless Ince & Co seeks new direction

    High-profile shipping law firm left rudderless after Jan Heuvels’ sudden ­decision to quit leadership

    Insurance  tradewindsnews.com 16 Aug 17:00 GMT Adam Corbett

    Karaneh Lines adds second ferry

    Middle Eastern ferry company Karaneh Lines is boosting its fleet with the addition of a former French-owned ropax. The ship in question is the 20,800-gt, 1,700-passenger Grand Ferry (built 1983), which the IHS Ships Register indicates is owned by Greek company MH Marine and managed by Piraeus-based Go Shipping & Management. Go Shipping is described on its website as a provider of shipbroking and

    Passenger ships  tradewindsnews.com 16 Aug 17:00 GMT Jonathan Boonzaier

    Crisis at Lloyd’s signals higher premiums ahead for owners

    Upheaval in the London insurance market is likely to put underwriters under intense pressure to improve the performance of marine lines

    Insurance  tradewindsnews.com 16 Aug 17:00 GMT Julian Bray

    BoCom FL to expand 'pure owner' fleet by 10 vessels

    China’s Bank of Communications Financial Leasing is adding supramaxes to its non-leased bulker fleet through a deal with a German bank

    Ship Sales  tradewindsnews.com 16 Aug 17:00 GMT Bob Rust , Andy Pierce and Ian Lewis

    Oldendorff wins settlement but Bank of China fight goes on

    Germany’s Oldendorff Carriers has won a partial payment after a settlement with two of the ­Chinese parties in a complex $12.5m case over an iron ore shipment that went badly wrong. “[But] our fight with Bank of China is still bitterly ongoing,” an Oldendorff official told TradeWinds. Oldendorff grows yard tally with China orders The official explained that Oldendorff’s immediate charterer, SCI

    Legal  tradewindsnews.com 16 Aug 17:00 GMT Bob Rust

    Changing of the guard slows pace of deals

    Bank of Communications Financial Leasing (BoCom FL) is in the midst of a changing of the guard, but company officials believe strategy and operations at a shipping level will not be affected. However, all deals that are awaiting board and top-management approval will be delayed until new bosses get their feet under their desks. Deal for VLCC trio up for grabs as pace of Chinese finance slows Ge

    Ship Sales  tradewindsnews.com 16 Aug 17:00 GMT Bob Rust

    Blackwell returns to Exxon after ‘wild ride’

    LNG industry floating regasification specialist Blake Blackwell is returning to the company where he started his career, by taking a new role at energy major ExxonMobil. Houston-based Blackwell confirmed to TradeWinds that he left his position as general manager at BW LNG Americas last week and will be joining ExxonMobil as an LNG market developer. “It is where I started my career in energy near

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Lucy Hine

    Maran Gas switches FSRU newbuilding to LNG carrier

    John Angelicoussis has retreated from his newbuilding position on floating storage and regasification units by flipping one of two speculative berths at South Korean shipbuilder DSME into an LNG carrier. The Greek shipowner, who is a stalwart supporter of DSME, is understood to have had the option to make that change written into both FSRU shipbuilding contracts signed by his Maran Gas. Three ou

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Lucy Hine

    SC Lowy targets Italy in hunt for more bad-debt shipping deals

    Hong Kong distressed asset investor bypasses Germany as it looks to rebalance portfolio towards Europe

    Finance  tradewindsnews.com 16 Aug 17:00 GMT Bob Rust

    West latest P&I club to drop Iran coverage

    As D-Day for US sanction looms, mutuals act to avoid huge penalties

    Insurance  tradewindsnews.com 16 Aug 17:00 GMT Adam Corbett

    Tidewater honours cash-flow vow in second quarter

    Higher day rates are ‘the only missing piece of Tidewater puzzle’, says analyst

    Finance  tradewindsnews.com 16 Aug 17:00 GMT Darrin Griggs

    Tschudi exits offshore as losses continue

    Tschudi Shipping of Norway has revealed it has left shipowning, having sold its last anchor handling tug supply (AHTS) vessels. The revelation in its annual report for 2017 comes as the company's logged a pre-tax loss of $14.3m for last year, compared with a $27.4m deficit in 2016. Revenue dropped from $50.4m to $42.4m. DP World snaps up Unifeeder from Nordic Capital in $695m deal Tschudi sees

    Offshore  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen

    HS Schiffahrts scoops up another feeder boxship

    Latest acquisition to be deployed in new chartering venture

    Liner  tradewindsnews.com 16 Aug 17:00 GMT Ian Lewis

    Mozambique LNG reassesses yards and shipowners

    New liquefaction project Mozambique LNG is moving ahead with a planned re-evaluation of the initial shipyards and owners selected to offer in on up to 16 LNG carriers. Industry sources said the project partners have been speaking to five shipbuilders that were pre-qualified for the business in 2016. They name these as South ­Korea’s big three yards — Hyundai Heavy Industries, DSME and ­Samsung H

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Lucy Hine

    Bunnemann continues boxship spending spree

    The Bunnemann family has bought its fifth boxship this year. The family’s Singapore-run Asiatic Lloyd and Hamburg-based Atlantic Lloyd operations have picked up two more traditional panamax and two sub-panamax boxships, Atlantic Lloyd managing director Nicolaus Bunnemann confirmed. The 4,256-teu Lena-S (built 2010) and Rudolf Schepers (built 2009) have been acquired from Reederei Rudolf Schepers

    Liner  tradewindsnews.com 16 Aug 17:00 GMT Ian Lewis

    Remoy rejects talk that vessels bargains are on way out

    The window is not closing for buying bargain offshore vessels, no matter how many shipbrokers try to claim otherwise, according to Rem Offshore chief executive Fredrik Remoy. Past the midpoint of 2018 and with some optimism introduced into the offshore sector for next year, there has been some talk that fire sales of offshore ships may be more difficult to find. Olympic Subsea sees hope for OSVs

    Offshore  tradewindsnews.com 16 Aug 17:00 GMT Darrin Griggs

    Altomare sells VLCC for scrap amid quiet demolition market

    Greek tanker player Altomare has sold its oldest VLCC for demolition, in a deal that shows there is still life left in the scrapping market. London-based brokers report the 281,000-dwt Ruby IV (built 2000) was sold “as is” in Colombo, Sri Lanka, for $425 per ldt — a price that would fetch the Greek company nearly $16.4m. Tanker scrapping hits record levels as VLCCs lead the way DHT Holdings shr

    Tankers  tradewindsnews.com 16 Aug 17:00 GMT Harry Papachristou

    Dr Peters appoints former rival to lead shipping desk

    Landgrebe will seek to develop maritime activities and 'realise growth targets'

    Finance  tradewindsnews.com 16 Aug 17:00 GMT Ian Lewis

    GasLog lends support to Greek blaze victims

    GasLog is the latest shipping firm to pledge support for the victims of a deadly forest fire near Athens last month. The LNG carrier owner has donated €500,000 ($576,000) to the Lyreion Orphanage in eastern Attica, where the blaze left more than 90 people dead. Shipping giants pledge funds to help Greek blaze survivors Morgan Stanley upgrades GasLog amid trade war win The orphanage, which has

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Harry Papachristou

    Vinalines ready to write a new chapter in black ink after IPO

    TradeWinds runs the rule over Vietnam’s largest shipowner ahead of next month’s Hanoi Stock Exchange listing

    Finance  tradewindsnews.com 16 Aug 17:00 GMT Jonathan Boonzaier

    Malaysia puts superyacht up for grabs

    If you want to upgrade your superyacht, the Malaysian government has one that might be of interest. And, like all famous superyachts, it comes with a degree of notoriety. Indonesian sun begins to set on Japanese aframax trades The 3,000-gt Equanimity (built 2014) was seized by Malaysian authorities last week as part of a clampdown on the mass looting and corruption that allegedly took place on

    Ship Sales  tradewindsnews.com 16 Aug 17:00 GMT On Watch

    Burger that’s fit for a Princess comes ashore

    Carnival brand's Ernesto burger will be served at Chef Ernesto Uchimura's Los Angeles restaurant Electric Owl

    Passenger ships  tradewindsnews.com 16 Aug 17:00 GMT On Watch

    ANEK asks beachgoers to butt out

    Greek ferry operator ANEK Lines has joined the ranks of beachgoers fed up with finding their sand and seas full of discarded cigarette butts. In an effort to wipe out the scourge of used cigarettes that end up on the beaches and in the waters of its home island of Crete, ANEK is distributing 200,000 disposable ashtrays onboard its ferries and on the island’s popular beaches. Minnows overtake big

    Passenger ships  tradewindsnews.com 16 Aug 17:00 GMT On Watch

    Adventure calls as Africa Mercy begins new mission

    If you are looking for a new adventure, maybe Mercy Ships has the answer. The operator of the world’s largest civilian hospital vessel is seeking chief, second and third officers to join its crew. Mercy Ships ‘dream for the future’ takes shape at China shipyard Age is not an issue, as many volunteers have already enjoyed a career at sea but still feel they have something to offer — in this case

    Passenger ships  tradewindsnews.com 16 Aug 17:00 GMT On Watch

    Australia’s NWS takes bids from shortlisted suitors in LNG carrier sell-off

    Latest round of offers submitted from wide range of parties eyeing seven-ship sales buffet

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Lucy Hine

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    Road to recovery for VLGCs may have a few more twists

    Rates have hit multi-year highs this summer but seasonal uplift has not dispersed all the clouds

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Andy Pierce

    Super Eco Tankers offloads its last 1990s-built vessel

    Greek owner has been busy disposing of its oldest product tankers this year.

    Tankers  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen

    Delta Tankers tipped to enter VLCC market

    Greek owner said to have continued a busy period in the sale and purchase market.

    Tankers  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen and Andy Pierce

    Ariston bulker free after seven-week arrest in the UK

    NatWest Markets arrested vessel after failing to get added security when falling value breached loan covenant

    Legal  tradewindsnews.com 16 Aug 17:00 GMT Bob Rust

    Uniper Global mulls taking on a second LNG ship as vision grows

    Commodity trader eyes up tonnage move as it expands global portfolio of LNG interests

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Lucy Hine

    North P&I beefs up Greek team

    North P&I Club is increasing its focus on the Greek market with key appointments. Chief executive Paul Jennings described the internal and external moves as a “key part of our strat­egy” in Greece. The main appointment is a new head of claims, Gagan Dhillon, at its main office in Newcastle in northeast England. He will also be given ­responsibilities for the club’s Greek members. Dhillon, a for

    Insurance  tradewindsnews.com 16 Aug 17:00 GMT Adam Corbett

    Fink’s BlackRock has placed wagers across shipping sectors

    From its relatively recent founding in 1988 by chief executive Larry Fink, financial firm BlackRock has rocketed to the top of the asset-management tables with some $6.3trn under management in the first quarter. It has outpaced longer-tenured rivals such as Fidelity, Vanguard and State Street Global Advisors, with a focus on both fixed income securities and equities. Blackrock takes big stakes i

    Finance  tradewindsnews.com 16 Aug 17:00 GMT Joe Brady

    Erasmus sells oldest bulker for $8.1m to undisclosed buyer

    Greek owner Erasmus Shipinvest has sold its oldest bulker. It has offloaded the 74,000-dwt panamax Glory Rotterdam (built 2001) to an undisclosed buyer for $8.1m, European brokers said, and Erasmus has confirmed the deal. The vessel passed special survey in February 2016. Minsheng Trust plans sales and shares play New Greek player appears on dry bulk horizon The timing of the purchase was not

    Dry cargo  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen

    SK detains Capital VLCC in South Korean port

    Greek owner pledges to ‘vigorously’ challenge 'wrongful arrest' in court

    Legal  tradewindsnews.com 16 Aug 17:00 GMT Lucy Hine and Irene Ang

    Siam Lucky and TSM pick up older VLGCs

    Siam Lucky Marine Co of Thailand has bought a 25-year-old VLGC for further trading as it expands its fleet of gas carriers. Great Eastern Shipping buys secondhand VLGC European-based gas tanker brokers said the company has purchased the 78,000-cbm Gas Al-Gurain (built 1993) from Kuwait Oil Tanker Co (KOTC) for $8.7m, which is just $1.5m more than the vessel's estimated scrap value. The Mits

    Gas  tradewindsnews.com 16 Aug 17:00 GMT Trond Lillestolen and Jonathan Boonzaier

    Shin Yang doubles up on feeder boxships

    Malaysia’s Shin Yang Shipping Corp has scooped up two more feeder containerships. It has emerged as the buyer of the 1,008-teu Danum 171 (ex-­Maenam 1, built 1997) and 1,152-teu Danum 172 (ex-Sinar Batam, built 1998) for an enbloc price of around $9.2m. The vessels were reported sold for $6.2m and $3m, respectively, according to VesselsValue, which lists their previous owners as ­Caraka Tirta Pe

    Liner  tradewindsnews.com 16 Aug 17:00 GMT Ian Lewis

    Rem Offshore boosts its fleet by bagging another bargain vessel

    Norwegian firm appears to have spent around $30m on assets estimated to be worth up to $157m in a rapid comeback after losing its original fleet in a forced merger

    Offshore  tradewindsnews.com 16 Aug 17:00 GMT Darrin Griggs

    Exmar and Avance stay out of Equinor VLGC tender

    Several candidates thought likely to win Equinor's tender for a VLGC are not among the bidders for the charter deal. Norwegian energy giant Equinor, formerly named Statoil, was asking for bids for a charter of up to three years, and it is expected that the company is looking for a newbuilding. Equinor has asked shipowners to state whether the ships are fitted with exhaust gas scrubbers or are s

    Gas  tradewindsnews.com 16 Aug 16:05 GMT Trond Lillestolen

    Diana Shipping locks in panamax bulker at higher rate

    Greek owner fixes out one of its vessels on a 12 to 15 month charter.

    Dry cargo  tradewindsnews.com 16 Aug 15:43 GMT Rijuta Dey Bera

    Epic Gas says yes to consolidation but no to scrubbers

    Charles Maltby says consolidation is healthy and second hand ships are a potential target.

    Gas  tradewindsnews.com 16 Aug 15:26 GMT Andy Pierce

    DHT drives early deal on convertibles

    VLCC owner exchanges two-thirds of notes due to mature next fall for 2021 vehicle, raises $41.6m in fresh cash.

    Finance  tradewindsnews.com 16 Aug 14:53 GMT Joe Brady

    Mercuria becomes Aegean's sole lender

    Swiss commodities trader expects to add Mercuria's David Gallagher to Aegean board, a month after announcement of possible partnership.

    Finance  tradewindsnews.com 16 Aug 13:50 GMT Michael Juliano

    Container carriers draw different lines for 2020 compliance

    Hapag-Lloyd pilot typical of mixed approach to new emissions laws among top container players.

    Liner  tradewindsnews.com 16 Aug 08:53 GMT Andy Pierce

    DP World sees higher second-half profit

    Dubai-based terminal operator sees higher bottom-line amid improved revenue as it eyes 'uncertain' market.

    Finance  tradewindsnews.com 16 Aug 08:33 GMT Michael Juliano

    Maersk Supply Service AHTS joins The Ocean Cleanup

    Maersk Supply Service will set one of its anchor handlers to work to provide marine support to Dutch non-profit The Ocean Cleanup. The TW+ guide to... Boyan Slat It is set to install its first ocean plastics system in the North Pacific, which will be deployed, ironically, by the 276-tbp Maersk Launcher (built 2010). “We are truly proud to be supporting the installation of The Ocean Cleanup’s fi

    Offshore  tradewindsnews.com 16 Aug 08:13 GMT Andy Pierce

    Torm shows 2020 hand with scrubbers set for all newbuildings

    Danish tanker owner says delivery of ships from GSI will not be impacted by the programme.

    Tankers  tradewindsnews.com 16 Aug 07:59 GMT Andy Pierce

    Genco sees cost of finance fall after closing five-year loan

    US-listed bulker owner says new funding will be tapped to support ships purchased this summer.

    Finance  tradewindsnews.com 16 Aug 06:43 GMT Dale Wainwright and Andy Pierce

    DFDS returns to Jinling for sixth ro-ro

    Danish ferry operator says new freight ferry ordered to accommodate growth in route network.

    Shipyards  tradewindsnews.com 16 Aug 06:04 GMT Dale Wainwright

    Compliant fuel, not scrubbers, chief choice for IMO 2020

    Only 2% of global fleet to adopt scrubbers to meet sulphur cap requirements, UBS report reveals.

    Casualties  tradewindsnews.com 16 Aug 02:18 GMT Rijuta Dey Bera

    Vard bags Yara unmanned vessel contract

    Fincantieri-owned shipbuilder to build the first fully autonomous vessel for Norwegian fertiliser and LPG carrier company.

    Shipyards  tradewindsnews.com 15 Aug 18:16 GMT Rijuta Dey Bera

    Container feedership quartet hit the buffers

    Rate recovery comes too late for four fuel-efficient feeder designs in the fleet of Reederei Kopping.

    Liner  tradewindsnews.com 15 Aug 17:12 GMT Ian Lewis

    Evergreen Marine to charter 36 feeder ships

    Larger-than-anticipated plan by Taiwanese operator with focus on chartered vessels

    Liner  tradewindsnews.com 15 Aug 16:28 GMT Ian Lewis

    Celebrity wins appeal in passenger fall

    Plaintiff Janet Krug struck head on edge of stage during music trivia game, sustained several serious injuries, according to court papers.

    Legal  tradewindsnews.com 15 Aug 15:10 GMT Michael Juliano

    DryShips takes further step in panamax bulker fleet renewal effort

    Nasdaq-listed owner has sold its fifth veteran panamax of the summer.

    Ship Sales  tradewindsnews.com 15 Aug 14:54 GMT Andy Pierce

    Norden may sell handysize bulker brace this year

    Reduction of non-core bulker fleet could continue given rising prices.

    Finance  tradewindsnews.com 15 Aug 13:55 GMT Andy Pierce

    Trump fight with Turkey shakes ship scrapping

    Steel mills resume buying after hiatus and price slump rattles recyclers

    Ship Sales  tradewindsnews.com 15 Aug 13:48 GMT Geoff Garfield

    IUMI appoints new president

    Richard Turner, insurance industry veteran, becomes next leader of International Union of Marine Insurance, replacing Dieter Berg.

    Legal  tradewindsnews.com 15 Aug 12:21 GMT Michael Juliano

    Nordic American Tankers stays silent on key finance issue

    Analysts suggest Herbjorn Hansson's suezmax company may be operating under pricey DNB facility or about to accept it, but no word from Norwegian owner.

    Finance  tradewindsnews.com 15 Aug 12:16 GMT Joe Brady

    Scrubber case equally strong for MRs and bulkers, says Norden

    Executive explains plan to retrofit scrubbers on up to 31 owned and time chartered ships.

    Finance  tradewindsnews.com 15 Aug 11:35 GMT Andy Pierce

    Crew missing from SCI VLCC after fire have been saved

    Tanker back under command after yesterday's blast with situation "totally under control".

    Casualties  tradewindsnews.com 15 Aug 11:29 GMT Andy Pierce

    Navig8 Chemical widens loss for the second quarter

    The Oslo over-the-counter listed owner sees lower charter rates amid higher costs.

    Finance  tradewindsnews.com 15 Aug 11:12 GMT Michael Juliano

    Yang Ming Marine confirms CSBC feedership haul

    Shipowner says newbuilding move will help meet the future demand for medium and long-term vessel deployments.

    Liner  tradewindsnews.com 15 Aug 09:47 GMT Andy Pierce

    BlueMountain Capital trims OSG stake

    New York-based hedge fund manager, OSG's largest shareholder, sells more than half a million shares of the Jones Act tanker.

    Finance  tradewindsnews.com 15 Aug 08:19 GMT Michael Juliano

    Norden sees quick payback on major scrubber project

    Danish shipowner spending $41m to fit scrubbers on its own ships and a further $13m to support the technology on chartered tonnage.

    Finance  tradewindsnews.com 15 Aug 07:55 GMT Andy Pierce

    DSME sees 80% drop in second quarter results

    A lack of restructuring benefits takes its toll at the world’s second largest shipbuilder.

    Shipyards  tradewindsnews.com 15 Aug 05:54 GMT Dale Wainwright

    Epic Gas slashes losses, but remains in the red

    Singapore-based LPG specialist says it is set to benefit from improved sector fundamentals.

    Gas  tradewindsnews.com 15 Aug 03:17 GMT Dale Wainwright and Andy Pierce

    Malaysian tug boarded by intruders off Sabah

    Security consultancy Gray Page says incident may have been linked to Philippines –based Abu Sayyaf.

    Casualties  tradewindsnews.com 15 Aug 01:45 GMT Dale Wainwright

    Low freight rates and costlier fuel sink HMM’s bottom line

    Korean giant cautions of cargo volume fluctuation due to US-China tariff spat as it continues writing in red ink.

    Finance  tradewindsnews.com 14 Aug 22:10 GMT Rijuta Dey Bera

    BlackRock the white knight behind International Seaways VLCC deal

    Key to the six-VLCC Euronav purchase is the biggest name in asset management that has scored a double-digit interest rate on Seaways' notes

    Finance  tradewindsnews.com 14 Aug 18:56 GMT Joe Brady

    Mangrove clears out of Genco stake

    Hedge fund was in John Wobensmith-led owner more than a year and cashes out roughly $9m.

    Finance  tradewindsnews.com 14 Aug 17:36 GMT Joe Brady

    Mermaid returns to loss in 'brutal' market

    Singapore-listed OSV player's subsea group and offshore drilling segment both experience negative results.

    Offshore  tradewindsnews.com 14 Aug 15:52 GMT Michael Juliano

    Thoreson Thai sees lower profit

    Thai-listed conglomerate narrowed its earnings for the second quarter as company's overall revenue falls 6%.

    Dry cargo  tradewindsnews.com 14 Aug 14:47 GMT Michael Juliano

    Concordia Maritime widens quarterly loss

    Tanker owner is hurt by low spot market earnings despite higher revenue.

    Tankers  tradewindsnews.com 14 Aug 13:31 GMT Michael Juliano