SHI set for NAT pair

TradeWinds digests the digits making the headlines this week.

Paper chase - key figures from shipping's favourite newspaper.


2: Firm suezmax newbuildings Nordic American Tankers is thought to be plotting at Samsung Heavy Industries.

(NAT in talks for suezmax order)

64m: Price of OMC vessels swallowed by Trafigura in a move which sees the Swiss firm exit shipowning stage right.

(OMC exits oceangoing shipping)

3: Months ACM newcomer Christopher O’Keeffe spent on gardening leave after swapping over from Braemar to join rival in the Lion Republic.

(ACM chooses prestigious name for Singapore S&P slot)

17m: Unpaid court judgment which saw a Singapore judge send Onsys Energy to the wall.

(Onsys goes bust)

160m: Profit for John Fredriksen from his initial investment in Frontline 2012, report claims.

(Frontline 2012 pays off for Fredriksen)

8m: Dollars being wired to Polembros following its lattest capesize scrap pact.

(Polembros continues clearout)

25: Fee paid by Andreas Hadjiyiannis’ Hellenic Tankers to jump on a pair of BP Shipping tankers, with two more Marco Polo ships following.  

(Hellenic Tankers doubles fleet)

Digital digits - numbers hitting the headlines on

66m:Value of coal pile stacked up by NewLead holdings as the shipowner continues to dig out a new business seam.

(Coal coup cometh)

fredriksen-1000.jpg John Fredriksen

0.16: Significantly reduced dividend for Nordic American shareholders as it pools cash to fund expansion.

(NAT cuts to buy)

50.5m: Potentially worrying suezmax resale price benchmark set by DryShips double sale.

(DryShips cash draining / NAT cuts to buy)

34.9: Percentage rise in scrapping in 2012 as new annual record is set, Clarksons says.

(Demo spins new record)

6: Privately owned OSV newbuildings John Fredriksen is ploughing into giant Brazilian JV between Deep Sea Supply and BTG Pactual Oil & Gas Participacoes.

(DESSC in Brazil push)

297: Pirate attacks in 2012, a sharp fall from 2011 and a five year low for the industry, IMB says.

(Piracy at five-year low)

170m: Share issue in the pipeline for Hanjin Heavy Industries, a move which sent its shares crashing.

(Hanjin hammered)

4: Participants in the FSRU market after BW order at Samsung saw it join GolaR, Hoegh and Excelerate in the sector.

(BW buys at Samsung / SHI order fits pattern)

11m: Final cheque for Arne Blystad from Saga Tankers as Norwegian owner cuts toes with the firm he founded in 2010.

(Bye bye, Arne)


  1. Major owners’ tracks reflect tanker highs and bulker lows

    It is a tale of two cities for Greek shipowners, with some scraping the dry barrel while others enjoy the wet party

  2. Allseas renames Pieter Schelte

    Allseas Group has proven quick in changing the name of its huge crane ship Pieter Schelte, which caused outrage due to its connection to the Nazi regime.

  3. For floating voters only

    During the long run-in to next year’s race for the White House, the political debate has taken a nautical turn.