Precious hit by poor rates
Khalid Hashim-led owner has full year income cut by the weakening dry cargo market.
Korean funds go on buying spree
Marine ministry authorises three investor groups to purchase eight boxships and bulkers for charter to HMM, SK and Sinokor.
What shipbroking is all about is revealed
Costa Concordia just a “rare anomaly,” law abiding miners, plotters brought to justice and long waits at the barbers.
McQuilling rides Brazilian wave
Diversified US brokerage taps Petrobras talent to lead latest Rio de Janeiro invasion.
Boxship engineer breaks leg
DS Agility officer fell through hatch into engine room while vessel was transiting Kiel Canal.
Capesize armada fights fall in rates
Ofer and Angelicoussis head the list of owners standing firm and refusing to fix bulkers at basement levels.
Kirby Corp high on petrochemicals
US oil products output pushes barge owner to another earnings record.
Purser saved by a frying pan
Last crewman taken alive from Costa Concordia whacked windows with kitchen equipment to alert rescuers.
Total scrap record to topple
Braemar tips 2012 demolition derby to outrun the historic high set in 1985.
Captain tops up TEN holding
Greek magnate buys up an additional $5m worth of stock in New York-listed tanker owner.
French start Costa Concordia probe
Paris prosecutor's office to investigate claims filed in France over the cruiseship disaster.
IHI Corporation earnings take a dip
Japanese shipbuilder's nine-month profit slips in the same week that it announced mega-merger.
Korean giants see shares sink
HHI and SHI see market values backtrack following fourth quarter profit pain.
MES dips but has bright outlook
Japanese shipbuilder reports lower earnings but still sees full year improvement.
The big Daewoo share giveaway?
Investors in Korean bail-out fund could bag $870m of yard's shares if asset agency Kamco cannot sell them.
Barclays charts dry battle
At least three more years of range-bound pain awaits bulker owners, analyst Jon Windham says.
CSDC lines up management split
Chinese giant forming two subsidiaries to oversee and own bulker and tanker fleets in efficiency boost.
Chartering
free news
Tankers
Rates have halved for Persian Gulf voyages to Asia from last week's peak.
VLCC:
Suezmax:
Aframax:
Dry Cargo
Losing streak continues with Norden getting a supramax for free.
Capesizes:
Panamaxes:
Supramaxes:
Containers
Hamburg Shipbrokers' Association's new ConTex containership chartering index drops two points to 390.
4,250 teu:
2,700 teu:
1,100 teu:
Offshore
......................and not very much happening, according to brokers.
AHTS:
Large PSV:
Small PSV:
Daewoo suffers in fourth quarter
Korean shipbuilder's annual profit stable, but earnings plunged 62% in final three months.
Mitsubishi in operating loss
Shipbuilding arm of Japanese giant slips into the red in third quarter despite more orders and higher net sales.
Sinopec makes bunker breakthrough
Chinese oil giant signs first overseas term supply deals for Chinese vessels in Panama and UAE.
Top salvors hit pay dirt
Titan and Smit Singapore win lucrative salvage deals with US government potentially worth up to $430m.
Costa salvage deal by March
Cruise line invites ten salvage companies to bid for Costa Concordia wreck removal contract.
Hoegh takes Hyundai option
Norwegian LNG player increases FSRU order tally at world’s largest shipbuilder as extra funds come through.
Lazard Capital cuts Urs Dur
Investment firm parts with one of shipping’s veteran equity analysts in tough finance market.
China clarifies valemax port ban
China Shipowners’ Association sheds light on specifics of bulker boycott while Brazilian mining giant breaks silence.
Oaktree denies hacker’s claims
Private equity giant joins Gulmar Offshore in torpedoing allegations of fraud and tax evasion as police probe whistleblower.
Hoegh LNG eyes expansion ammo
Oslo-quoted owner tests market appetite for gas stocks with $200m fundraiser aimed at growing FSRU arsenal.
Lodestar losers pay the price of failure
Team behind attempt to take British Marine’s P&I business by stealth suffer another comprehensive defeat.
Germans sue Francesco Schettino
Nineteen passengers file claim against captain of Costa Concordia, claiming negligence.
Dutch courage boosts Siestas
Insolvent German yard’s hopes of survival lifted by Van Oord renegotiating wind power order.
Seadrill CFO heads for the door
John Fredriksen-controlled drilling giant shuffles management structure as Esa Ikaheimonen departs.
RCCL crunches Concordia numbers
Richard Fain-led Royal Caribbean will miss first quarter and 2012 estimates following Carnival’s Italian casualty.
BP Alaska suezmax punctured
Alaskan Navigator heads to repair yard after small hole found in hull off Oregon.
Moody’s drops rating on Japanese duo
Credit rating agency cuts its view on MOL and NYK against backdrop of tough markets.
Hyundai Heavy hammered in Q4
World’s largest shipbuilder sees its bottom line tumble by more than 90% as cheaper ships are built.
Tidewater trumps the street
US offshore giant defies analysts’ expectations to hold steady course in the final quarter.
Statoil gives Bergen Group subsea work
Oslo-listed shipbuilder and offshore firm wins subsea construction job from Norwegian oil and gas giant.
Crew cut battered Tycoon’s ropes
Remaining mooring lines severed before Taiwanese bulker smashed into cliff at Christmas Island.
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- Total scrap record to topple
- Captain tops up TEN holding
- French start Concordia probe
- MES sees better times
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- Korean pair struggle
- Cape armada fights rates fall
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