Impairments drag down Star
Write downs push US-listed Greek capesize and supramax player into the record in fourth quarter.
US box imports set to ease
Trade body says containers entering the country in February will be down, but sees modest first half growth.
Helix Energy Solutions lines up order
New York-listed subsea contractor poised to pen newbuilding as well intervention market heats up, CEO says.
Top looking to trim costs
Evangelos Pistiolis-led shipowner cutting back on expenses as it looks to ride out shipping downturn.
BLT Chembulk calls in big guns
Battle brewing in Connecticut as CEO of Berlian Laju tanker wing leads counterattack against creditor’s $55m claim.
Seanergy sets sights on S&P arena
Crusade for modern tonnage may be on the cards for Nasdaq-listed bulker owner, chief executive says.
Barmparis wants more new bulkers
Ten newbuildings on its books will not deter Safe Bulkers from adding more ships as prices fall, president says.
Niche working for Wartsila
CEO Bjorn Rosengren says engine maker can prosper in downturn by focus on dual-fuel and specialised ship markets.
Scorpio Tankers trio on the block
New York-listed owner places handymax tankers on the market with over $50m in its sights, sources say.
Seanergy Maritime reverses Q4 loss
Dale Ploughman fears bulker rates will remain weak as China feasts on stockpiles of iron ore and coal.
Bergen Group falls into the red
Depreciation leaves Terje Arnesen-led shipping company in negative territory.
LSC still reducing red ink
Veteran Lithuanian dry cargoship fleet increases revenue, but higher costs still hurting.
Ron Widdows takes Rickmers reins
Former NOL chief executive to replace Jan Steffens at German shipowning group.
Atlantska Plovidba earnings slashed
Croatian bulker owner's 2011 profit plunges 63% as revenue dwindles.
Allianz Global flogs Frontline stock
Tanker owner’s largest independent investor sells out of New York and Oslo-listed firm.
Samho Tongyoung facing the end
Korean court ends shipbuilder’s receivership process, with liquidation looking inevitable.
SCF and Glencore add four more
Russian owner and commodities giant bring a quartet of LR1 product carriers into the fold.
Ezion Holdings scores a double
Lion City-listed offshore outfit seals big payday with liftboat and service rig contracts.
Malaysian crackdown continues
Maritime enforcement agency holds two more tankers suspected of illegal fuel transfer.
Dahlman sweet on Golar Partners
John Fredriksen-backed LNG owner wins a buy stamp from investment bank’s shipping analyst.
Chartering
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Tankers
Persian Gulf to Asia rates improve, while cross-Med aframax numbers also edge up.
VLCC:
Suezmax:
Aframax:
Dry Cargo
Winning run over on the eighth day as panamaxes take a turn for the worse.
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
The North Sea offshore support vessel market is ticking over but that’s about it.
AHTS:
Large PSV:
Small PSV:
Wilhelmsen well ahead in Q4
Jan Eyvin Wang-led firm racks up impressive fourth quarter numbers as shipping division shines.
Hapag to see profit in 2011
Preliminary figures from the German liner company point to a positive result for last year with volumes also up.
STX OSV strikes new high in Singapore
Shipbuilder’s stock hits new upper limit following strong Q4 numbers and a handsome dividend.
Thoresen sinks into the red
Thai shipowner makes poor start to 2012 as weak rates, offshore losses and flooding take their toll.
Safe Bulkers standing strong
Greek owner’s 2011 profit slightly down, but revenue grows and fleet expansion costs covered.
Symphony held after grounding
Estonian cargoship to be checked for damage after lodging on sandbank off Denmark.
CSAV eyes recovery after huge hit
Chilean liner giant sees the light at the end of the tunnel despite $1.25bn full year loss.
China volumes still resilient
Container traffic in the People’s Republic is largely unchanged from a year ago, despite economic turmoil.
Braemar to push LNG design
Shipbroker’s technical services arm to market containment system developed by US firm General Dynamics.
GLDD grabs Wheatstone deal
Great Lakes Dredge & Dock inks $180m dredging contract as Chevron readies LNG facility off Australia.
Allianz ups Scorpio Tankers interest
Investor enters the big-league of tanker owner’s shareholders for the first time.
Investors braced for bonus drop
Rerun of fourth quarter bonanza for founders will prove a drag for Jinhui shares, analyst says.
TUI closes in on Hapag exit
IPO on the horizon for Hapag-Lloyd as German travel group strikes EUR 700m deal to sell shares to Albert Ballin.
Big John still nuts for newbuilds
John Fredriksen’s Golar close to penning more new vessels hot on the heels of HHI swoop.
Cosco plotting DryShips takeover?
Market pundits puzzled by Wall Street rally as rumors and mainstream media mentions trump grim freight forecasts.
George Economou clinches $120m loan
Greek owner reportedly strikes deal with China Development Bank to finance VLOCs being built in Shanghai.
Star Reefers issues grim forecast
Oslo-listed operator sees more pain on the horizon as container lines muscle in on reefer business despite dire rates.
Dockwise downed by ship sales
Impairment charge on disposal of yacht-transport vessels pushes Dutch heavy-lift owner into the red for 2011.
Shih Wei ship in shooting tragedy
Taiwanese owner’s bulker identified as the vessel caught up in Lagos drama.
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