Lundh’s chemical coup
Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.
Full circle for finance man
Investment banker Kevin O'Hara has rejoined New York boutique firm AMA Capital Partners after seven years.
Dividend chop just the start for OSG
Axing of shareholder payouts at OSG may need to be accompanied by asset sales, analyst says.
Infamy, infamy, they’ve all got it in for me
Ex-SeaStar Lines chief Frank Peake tries to avoid hostile jury, while lawyers take FFAs with a pinch of salt.
Iran facing big shipping squeeze
Trade dwindling as Maersk and Hapag-Lloyd among those pulling out due to US and EU sanctions.
Saverys sheds shares for a third time
Shipowner Marc Saverys continues to sell off stock in shipbroker Clarksons.
Wallem on banks’ speed dial
Shipmanager one of the few not in a meeting when the banks come calling.
First Ship Lease demands BLT return
Singapore-listed shipping trust recalls three chemical tankers from stricken Indonesian owner following default.
Daelim redelivers Diana panamax
Cargill steps in as South Korean charterer coughs up cash to cover early return of bulker to US-listed owner.
Rand Logistics logs quarterly gain
Great Lakes bulker specialist predicts another profitable year as expanded fleet lifts bottom line.
Berlian Laju has some backing
Creditors are being supportive of Indonesian owner’s restructuring efforts, says Kevin Wong.
George scores with Petrobras in Brazil
Greek magnate George Economou expands his offshore empire after winning a slice of enlarged project with Brazilian powerhouse.
Tough end to the year for ASL Marine
Singapore-listed offshore company sees revenue and earnings sliced by a quarter in the final period of 2011.
Great Eastern earnings cut back
Weaker bulker markets in third quarter sees Indian owner's profit chopped, but tankers improve.
Seabird Exploration swoops on contract
Oslo-listed seismic outfit eases financial troubles with award of $13m deal.
Peel plots post-panamax terminal
Port of Liverpool owner ready to spend £250m on new containership facility at Seaforth.
Havyard Group books subsea newbuild
Per Saevik-owned shipyard bags an order for a subsea vessel from Forland Shipping.
Trafigura in Sudan oil row
Swiss trader denies shipping "stolen" South Sudanese crude on India Steamship aframax.
Blast from the past for Livanos
Former Teekay man Paul Wogan returns to where it all began after taking up a senior role with IPO hopeful GasLog
Euroseas makes it back into black
Aristides Pittas-led boxship and bulker owner keeps lid on costs and returns to profit in 2011.
Chartering
free news
Tankers
New March fixtures fail to boost Persian Gulf numbers, as other tanker sectors also remain stable.
VLCC:
Suezmax:
Aframax:
Dry Cargo
BDI clean sweep for this week as improving panamax market helps out the index.
Capesizes:
Panamaxes:
Supramaxes:
Containers
Hamburg Shipbrokers' Association's new ConTex containership chartering index drops a point to 388.
4,250 teu:
2,700 teu:
1,100 teu:
Offshore
A four-vessel requirement may ease the strife of anchor handler owners but not for a couple of days.
AHTS:
Large PSV:
Small PSV:
Protestors board Rabaul vessels
Ferry and two cargoships occupied in wake of tragic sinking of Rabaul Queen off Papua New Guinea.
Cargoship holed in quay crash
Kopervik's Fri Moon leaked small amount of diesel after hitting pier in Norway.
Chinese cargoship goes aground
Master of Shen Zhou 3 rapped for not immediately reporting incident off the Philippines.
TSA looks for another rise
Transpacific container lines aim to restore 2011 rate levels leading into contract negotiations.
USCG probes boxship grounding
Claus-Peter Offen vessel refloated by tugs after going aground in Savannah River.
Tokyo Kisen sees earnings halved
Japanese tug player suffers another big drop in profit over first nine months.
Blackrock ups DHT stake
Major US hedge fund has moved to bolster its stake in Svein Moxnes Harfjeld-led tanker owner.
OSG cuts quarterly dividend
Morten Arntzen-led tanker owner cuts payout to investors to preserve liquidity and maintain financial flexibility.
Harvey doubles Trinity order
US offshore vessel operator books another pair of LNG powered PSVs at Mississippi shipbuilder.
Bulkers set for rough ride
Drewry Maritime Research pulls no punches in its latest assessment of the prospects for the dry bulk market.
Dry stocks continue rally
Bulker owners Eagle, Genco, Diana all see big gains in trading Thursday as BDI continues recovery.
Chandris Group torches tanker
Diversified Greek shipowner poised to make $8m as 1995-built vessel sails to beaches of Alang.
Gensets linked to fouling
Kiwi scientists discover that cold-ironing may also help keep a ship’s hull clean while alongside.
Seanergy Maritime 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.
Hijack sends Freeseas stock spinning
Nasdaq-listed owner sees market value drop by close to one tenth after one of its handies is snatched by Somali pirates.
Intersee ship was overloaded
German shipowner has to fork out over $50,000 after admitting to having excess cargo aboard vessel.
Doing business the Mc-Kinney Moller way
Eighteen months off his centenary Maersk Mc-Kinney Moller speaks of the philosophy behind success as a shipowner and entrepreneur.
Ivar Lund sets sights on expansion
Swedish shipbroker celebrates centennial by spinning off management wing in a bid to cash in on chemical tanker upswing.
Grand China fueds erupt in US courts
Norden and Oldendorff join fight to claw back cash from embattled Asian operator as judge orders asset freeze.
Did you play your cards right?
Trip to a Singaporean seer may have put a Lion City broker en route to crystal ball glory.
Latest Articles
- Lundh’s chemical coup
- RLOG on the up
- Full circle for finance man
- Iran facing shipping squeeze
- Strike three for Saverys
- DSX plays down Daelim drama
- Tough end for ASL Marine
- Dividend chop just the start
- Peel plots post-panamax port
- Seabird swoops on contract
- GE earnings cut
- BLT has some backing
- Havyard inks subsea newbuild
- George scores with Petrobras
- Protestors board Rabaul ships
Top Jobs
Latest Positions
- $ 700,000
- $ 9,812
- $ 4,900