Ofer empire dividing

TradeWinds digests the digits making the headlines this week.

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

50: Ofer ships under the Zodic and Tanker Pacific banners moving from London to Singapore as empire’s power is balanced, paving the way for brothers to go it alone.


(Tough market sees Ofer throttle up tonnage switch to Singapore)

10: MR tanker newbuildings chalked up by Metrostar as ace asset player Theodore Angelopoulos gets back into tankers.

(Metrostar makes tanker comeback)

1.6bn: Value of Deiulemar assets belonging to eight family members frozen in latest round of captivating bankruptcy story.

(Italian court freeze Deiulemar clan assets)

14: Claus-Peter Offen boxships which the owner is fighting to sell on its own terms after banks demanded their sale.

(Offen bids to park 14 boxships to delay sale)

11.6m: Price fetched by NS United as it becomes the first owner to bin a bulker bigger than 200,000-dwt this year.

(Japanese owner scraps large cape)

1.5bn: Value of OSG debt owned by DNB, Nordea and HSH which has the banks fiddling to a different tune in bankruptcy court.

(Nordea and HSH go their own way in OSG case)

2: LNG options consigned to the history books as Stena refuses to order on a speculative basis.

(Stena LNG slims options tally)

Digital digits - numbers hitting the headlines on www.tradewindsnews.com

8: Potential capesize haul for John Fredriksen’s Frontline 2012 as it enters the dry-cargo arena with order tipped in TradeWinds a few weeks back.

(Frontline clinches capes)

Wang-Seaspan-500.jpg Seaspan CEO, Gerry Wang.

50m: Cash taken out of Pacific Basin’s vault to fund three-ship bulker blitz.

(Pac Basin steps it up)

2: First Ship Lease clients pushing to cut charter rates with a firm already hit by Torm and BLT issues.

(Double trouble for FSL)

26m: Value of Herbjorn Hansson’s stake in Nordic American after receiving share component of management company sale to listed vehicle.

(NAT will do nicely)

4: Newbuildings added to Seaspan’s newbuilding list after its latest trip to a shipyard.

(Seaspan back for more)

31m: Loss carded by Euronav as it kicked off the latest tanker earnings season on a negative note.

(Euronav falls in final)

15: Years on charter contracts which tempted Jaccar-owned Evergas to pen four newbuildings.

(Evergas fixes newbuilds)


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    Peter Georgiopoulo-led marine fuels provider slips 3.7% in first quarter, but that's exactly what analysts predicted.

  2. Navios seen willing to sell spinoff shares

    Analyst says parent company of New York-listed group shows willingness for first time, though as last resort.

  3. Castleton sues Hudson, tears up charters

    Legal battle emerges over bareboat charters for pair of newbuildings.