TradeWinds
Shipping Index
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Jefferies boosts boxship boys

Improving container market drawns higher ratings for OOIL, NOL, CSCL and Japan’s big three.
10:37 GMT, 02 Feb 2012
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RCCL crunches Concordia numbers

Richard Fain-led Royal Caribbean will miss first quarter and 2012 estimates following Carnival’s Italian casualty.

15:13 GMT, 02 Feb 2012
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Shreyas Shipping turns to red

Indian feedership operator was hurt by soaring fuel costs last year.

11:36 GMT, 02 Feb 2012
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NOCC joins bond run band

Lars Solbakken-led shipowner is the latest firm to tap the red hot bond market in Oslo.

11:21 GMT, 02 Feb 2012
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Big boys look to restore rates

World's largest liner operators looking to kick-start rate recovery efforts on Asia – Europe trade.

03:16 GMT, 02 Feb 2012
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Costamare climbs in the fourth

Constantinos Constantakopoulos-controlled containership owner beats Wall Street bets as profit more than doubles.

22:29 GMT, 01 Feb 2012
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Red rain falls on K Line

Japanese giant posts $550m loss in dire nine-month markets and says worse is to come.

11:44 GMT, 31 Jan 2012
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Boxship in Garden City fuel spill

Investigation underway in Savannah as teams battle leak involving Oskar Wehr-controlled containership.

20:36 GMT, 31 Jan 2012

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Chartering | Liner
free news

Hamburg Shipbrokers' Association's new ConTex containership chartering index drops two points to 390.

4,250 teu:

up

2,700 teu:

down

1,100 teu:

down

16:14 GMT, 02 February 2012

Hamburg Shipbrokers' Association's new ConTex containership chartering index drops a couple of points to 392.

4,250 teu:

down

2,700 teu:

down

1,100 teu:

down

17:14 GMT, 31 January 2012

Hamburg Shipbrokers' Association's new ConTex containership chartering index drops four points to 395.

4,250 teu:

down

2,700 teu:

down

1,100 teu:

down

18:16 GMT, 24 January 2012
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UASC scraps second boxship

Kuwait-based shipowner is reported to have sold a 2,199-teu containership for scrap in India.

05:19 GMT, 31 Jan 2012
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Plane sailing for Bore Sea

Finnish ro-ro owner wins three-year charter for its new ship to carry Airbus components.

10:38 GMT, 31 Jan 2012
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NOL rates sink to 2009 lows

Singapore liner operator’ freight rates poised to reach lows seen in financial crisis of just over two years ago.

06:25 GMT, 31 Jan 2012
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Cosco arm sues arts & crafts retailer

Chinese shipping giant’s US container unit cries foul over unpaid box bills as craft king faces Texas showdown.

21:20 GMT, 01 Feb 2012
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Ilmarinen fights on over pay-out

Finnish pension fund to appeal court backing for Finnlines' minimal 2008 dividend payment.

07:57 GMT, 01 Feb 2012
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Fesco grows volumes in 2011

Busier fourth quarter turns last year’s cargo figures positive for Russian container line.

15:54 GMT, 30 Jan 2012
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Recovering Andersen out until April

Executive board to run Danish group as Maersk chief continues to recuperate from heart surgery.

11:34 GMT, 30 Jan 2012
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Hanjin books massive loss

Depressed container shipping markets send South Korean shipowner’s full-year results into a tailspin.

08:38 GMT, 30 Jan 2012

Paragon likes liner

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Costamare looks to issue

US-listed Greek containership owner is looking to raise up to $300m regulatory financial disclosure shows.

01:30 GMT, 31 Jan 2012
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Simatech hunts new boxships

Dubai feedership operator heading out to shipyards for up to four 3,000-teu vessels.

08:32 GMT, 27 Jan 2012
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Smugglers target respectable ships

Swedish report shows how arms or drugs are hidden on unwitting container vessels, mainly from Germany, Greece and the US.

13:31 GMT, 30 Jan 2012
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Boxship demo on the up

December was the most active month for containership scrapping in over 18 months, says Clarksons.

05:25 GMT, 30 Jan 2012
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CSAV closes in on capital dream

Spinoff of Saam on the horizon as Chilean liner giant completes second phase of billion-dollar securities sale.

18:15 GMT, 25 Jan 2012
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MSC raises piracy surcharge

Increase in piracy activity in Africa prompts Mediterranean Shipping Co to pass on extra costs to shippers.

02:03 GMT, 30 Jan 2012
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Horizon Lines admits record fiddling

US boxship owner to be fined $1m for falsifying oil book entries in the Hawaii trade.

10:44 GMT, 30 Jan 2012
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SinOceanic readies bond press

Jan Haakon Pettersen-led containership owner joins Oslo bond rush in a bid to raise $220m for newbuildings.

14:56 GMT, 30 Jan 2012
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Zodiac lets boxship monsters go

Israeli owner's options expire for four more huge 16,000-teu vessels at STX in Korea.

11:11 GMT, 27 Jan 2012
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Italian strike delays cruiseship

Protests at Fincantieri put back debut of Oceania Cruises' new Riviera by three weeks.

07:27 GMT, 26 Jan 2012
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Brittany banking on break-even

French ferry operator tipped for 2011 loss, but chairman says it is heading away from trouble.

15:58 GMT, 27 Jan 2012
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NYK volumes remain steady

Cargo levels on the Asia-Europe and transpacific services of Japan’s largest shipowner come under strain.

23:56 GMT, 25 Jan 2012
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Containership leaked gas

Singaporean-managed vessel ordered to stay off Australia after cargo damaged in rough seas.

08:26 GMT, 27 Jan 2012
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OOCL sees Asia-Europe woes

Hong Kong liner operator saw revenues on its Asia-Europe trade drop nearly 30% in the fourth quarter.

06:52 GMT, 24 Jan 2012
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German ship loses boxes in storm

Bad weather tears 29 containers from Cosco Yokohama off Alaska.

11:50 GMT, 25 Jan 2012
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All Leisure Group rises to the challenge

London-listed owner books improved pre-tax numbers despite geo-political, economic and legal stumbling blocks.

10:03 GMT, 25 Jan 2012
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PV Enterprises makes a splash

Peter Villiotis-led Florida newcomer buys first cruiseship for Korean charter and promises more to come.

10:24 GMT, 20 Jan 2012
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Norwegian Car Carriers sheds oldie

Oslo-listed owner makes good on promise to devote resources to modern tonnage as it offloads 1988-built PCC.

18:35 GMT, 19 Jan 2012
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