www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com Tenaska teams with Waller http://www.tradewindsnews.com/gas/345788/Tenaska-teams-with-Waller US power giant forges alliance in a bid to build LNG fuelling facility in Louisiana. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/gas/345788/Tenaska-teams-with-Waller Tue, 30 Sep 2014 17:30:00 +0000 gas Thumbs up for Pangaea http://www.tradewindsnews.com/drycargo/345787/Thumbs-up-for-Pangaea Pangaea Logistics Solutions has received resounding approval for a $375m deal that will bring the US bulker operator to the Nasdaq stock exchange. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/drycargo/345787/Thumbs-up-for-Pangaea Tue, 30 Sep 2014 17:27:13 +0000 drycargo Conoco exports US crude http://www.tradewindsnews.com/tankers/345778/Conoco-exports-US-crude ConocoPhillips has exported the first cargo of Alaskan crude in a decade. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/tankers/345778/Conoco-exports-US-crude Tue, 30 Sep 2014 16:35:19 +0000 tankers TNK targets TIL http://www.tradewindsnews.com/finance/345769/TNK-targets-TIL Teekay Tankers has launched a campaign aimed at acquiring more shares of affiliate Tanker Investments Ltd (TIL). aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/345769/TNK-targets-TIL Tue, 30 Sep 2014 16:27:29 +0000 finance Teekay shares on fire http://www.tradewindsnews.com/finance/345764/Teekay-shares-on-fire Teekay Corp shares were running hot today as a decision to hike its dividend proved a hit with investors. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345764/Teekay-shares-on-fire Tue, 30 Sep 2014 14:59:26 +0000 finance Pola Maritime wants more http://www.tradewindsnews.com/drycargo/345756/Pola-Maritime-wants-more The company has just taken delivery of the last of six 37,500-dwt Sea Horse-type vessels from Qingshan Shipyard. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/345756/Pola-Maritime-wants-more Tue, 30 Sep 2014 14:27:24 +0000 drycargo Difficult dredger http://www.tradewindsnews.com/offshore/345761/Difficult-dredger Dutch shipbuilder Damen has completed the construction of a new dredger despite facing huge difficulties during the assembly process due to severe weather conditions. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/345761/Difficult-dredger Tue, 30 Sep 2014 13:59:13 +0000 offshore Cold cuts http://www.tradewindsnews.com/gas/345759/Cold-cuts South Korean shipbuilder DSME has cut steel on the first of a raft of ice-breaking LNG carrier newbuildings which will serve the Russian Arctic’s Yamal LNG project. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/345759/Cold-cuts Tue, 30 Sep 2014 13:55:01 +0000 gas Cosco banks scrap cash http://www.tradewindsnews.com/finance/345752/Cosco-banks-scrap-cash China Cosco Holdings has received a huge subsidy linked to its fleet renewal efforts. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345752/Cosco-banks-scrap-cash Tue, 30 Sep 2014 12:48:59 +0000 finance Gas drives Sloman profit http://www.tradewindsnews.com/gas/345753/Gas-drives-Sloman-profit Germany’s Sloman Neptun has posted a bigger first-half profit as its LPG carriers increased earnings. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/345753/Gas-drives-Sloman-profit Tue, 30 Sep 2014 12:41:36 +0000 gas Avance to squash forecasts http://www.tradewindsnews.com/finance/345718/Avance-to-squash-forecasts Danske Bank has tipped VLGC spot specialist Avance Gas to shatter consensus expectations in the third quarter. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345718/Avance-to-squash-forecasts Tue, 30 Sep 2014 11:36:04 +0000 finance Atlantska stretches option http://www.tradewindsnews.com/drycargo/345749/Atlantska-stretches-option Croatian owner Atlantska Plovidba has extended an option for a third ultramax bulker newbuilding in China. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/345749/Atlantska-stretches-option Tue, 30 Sep 2014 11:12:40 +0000 drycargo Skangass builds another http://www.tradewindsnews.com/gas/345731/Skangass-builds-another LNG provider Skangass has secured its second contract to build a new LNG terminal within a month. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/gas/345731/Skangass-builds-another Tue, 30 Sep 2014 11:05:37 +0000 gas The moment of impact http://www.tradewindsnews.com/casualties/345740/The-moment-of-impact An extraordinary video showing the collision between two huge container vessels in the Suez Canal has been released by the Port Said police. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/345740/The-moment-of-impact Tue, 30 Sep 2014 10:48:34 +0000 casualties Download the September 2014 issue here http://www.tradewindsnews.com/china_news_digest/345747/Download-the-September-2014-issue-here gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/china_news_digest/345747/Download-the-September-2014-issue-here Tue, 30 Sep 2014 10:44:30 +0000 china_news_digest What led to MOL Comfort loss? http://www.tradewindsnews.com/casualties/345741/What-led-to-MOL-Comfort-loss The MOL Comfort could have broken in half in the Indian Ocean last year because of lateral loads acting on the double bottom structure, according to a final report into the loss and post-panamax containership safety by ClassNK. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/casualties/345741/What-led-to-MOL-Comfort-loss Tue, 30 Sep 2014 10:38:12 +0000 casualties Sinotrans taking charter hit http://www.tradewindsnews.com/tankers/345730/Sinotrans-taking-charter-hit Hong Kong’s Sinotrans Shipping has warned of a potential loss after a charterer defaulted on a term deal. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/345730/Sinotrans-taking-charter-hit Tue, 30 Sep 2014 10:35:12 +0000 tankers Heavyweight backs DHT http://www.tradewindsnews.com/tankers/345719/Heavyweight-backs-DHT Norway's Rasmussengruppen, one of the main shareholders in Norden, has thrown its weight behind major VLCC owner DHT Holdings. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/345719/Heavyweight-backs-DHT Tue, 30 Sep 2014 10:23:50 +0000 tankers Yujin sees red http://www.tradewindsnews.com/tankers/345728/Yujin-sees-red Singapore’s Yujin International has seen a red bottom line for the first half of 2014 after selling off its bunker tankers. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/345728/Yujin-sees-red Tue, 30 Sep 2014 10:03:29 +0000 tankers Trident adds five http://www.tradewindsnews.com/andalso/345726/Trident-adds-five Trident Alliance, the recently-launched band of shipowners seeking to ensure the enforcement of sulphur regulations, has welcomed five more members onboard. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/andalso/345726/Trident-adds-five Tue, 30 Sep 2014 09:49:07 +0000 andalso Bergen has to pay http://www.tradewindsnews.com/shipsales/345722/Bergen-has-to-pay Norway’s Bergen Group has been told to hand over compensation to Poland’s Stocznia Gdansk yard after it withheld fees for a delayed ferry hull. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345722/Bergen-has-to-pay Tue, 30 Sep 2014 08:41:47 +0000 shipsales GMS wins contract http://www.tradewindsnews.com/offshore/345723/GMS-wins-contract Offshore shipowner Gulf Marine Services (GMS) has secured a contract for one small-class vessel under construction. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/offshore/345723/GMS-wins-contract Tue, 30 Sep 2014 08:18:51 +0000 offshore Ostenfeldt joins Nordic http://www.tradewindsnews.com/finance/345717/Ostenfeldt-joins-Nordic Thome Ship Management chief executive Carsten Ostenfeldt has quit to take up an executive position at Nordic Tankers. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345717/Ostenfeldt-joins-Nordic Tue, 30 Sep 2014 08:07:58 +0000 finance Samsung looks overseas http://www.tradewindsnews.com/shipsales/345720/Samsung-looks-overseas Samsung Heavy Industries is eyeing a near $1bn investment to set up its first shipbuilding facility overseas. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/345720/Samsung-looks-overseas Tue, 30 Sep 2014 07:27:02 +0000 shipsales GSI sells subsidiary http://www.tradewindsnews.com/finance/345721/GSI-sells-subsidiary State-owned Chinese shipbuilder Guangzhou Shipyard International (GSI) is hoping to raise at least CNY 413.79m ($67.34m) from the sale of a subsidiary. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/345721/GSI-sells-subsidiary Tue, 30 Sep 2014 07:17:44 +0000 finance Korean ferry grounds http://www.tradewindsnews.com/casualties/345715/Korean-ferry-grounds All 109 people have been rescued from a South Korean ferry that hit a rock off Hongdo Island on Tuesday. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/345715/Korean-ferry-grounds Tue, 30 Sep 2014 06:49:50 +0000 casualties Nordic eyes duo http://www.tradewindsnews.com/shipsales/345714/Nordic-eyes-duo German shipowner Nordic Hamburg is in talks to buy two cancelled newbuildings in Bangladesh. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345714/Nordic-eyes-duo Tue, 30 Sep 2014 06:25:00 +0000 shipsales Japan backs Berge Bulk http://www.tradewindsnews.com/finance/345712/Japan-backs-Berge-Bulk Berge Bulk has secured export credit financing for a pair of handysize bulkers ordered at Japan’s Imabari Shipbuilding. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/345712/Japan-backs-Berge-Bulk Tue, 30 Sep 2014 06:03:33 +0000 finance Japan LNG imports ease http://www.tradewindsnews.com/gas/345707/Japan-LNG-imports-ease Japan’s August imports of LNG fell to their lowest level in four years just released government data shows. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/345707/Japan-LNG-imports-ease Tue, 30 Sep 2014 03:54:57 +0000 gas Poulsson joins FSL http://www.tradewindsnews.com/finance/345701/Poulsson-joins-FSL FSL Trust Management (FSLTM) has recruited Esben Poulsson as it continues to beef up its management expertise. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/345701/Poulsson-joins-FSL Tue, 30 Sep 2014 01:45:45 +0000 finance Jones Act duo mull listings http://www.tradewindsnews.com/finance/345698/Jones-Act-duo-mull-listings A private equity firm backed by Norwegian shipping mogul Kjell Inge Rokke has abandoned plans to exit the Jones Act product tanker segment. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/345698/Jones-Act-duo-mull-listings Mon, 29 Sep 2014 23:57:12 +0000 finance Teekay shifts gears http://www.tradewindsnews.com/finance/345697/Teekay-shifts-gears Teekay Corp has announced plans to overhaul its dividend policy. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/345697/Teekay-shifts-gears Mon, 29 Sep 2014 22:25:36 +0000 finance Jones Act giant sheds tug http://www.tradewindsnews.com/shipsales/345696/Jones-Act-giant-sheds-tug An affiliate of the world’s largest Jones Act tank-barge operator has offloaded an ageing tug that is eligible to operate in the US cabotage market. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/shipsales/345696/Jones-Act-giant-sheds-tug Mon, 29 Sep 2014 21:51:07 +0000 shipsales Scrap subsidies soar http://www.tradewindsnews.com/liner/345694/Scrap-subsidies-soar Another Chinese shipowner has taken advantage of a government-funded programme that offers financial incentives for operators that are willing to part ways with ageing tonnage. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/liner/345694/Scrap-subsidies-soar Mon, 29 Sep 2014 19:18:48 +0000 liner EGLE gains altitude http://www.tradewindsnews.com/finance/345693/EGLE-gains-altitude Shares of bankrupt US bulker operator Eagle Bulk Shipping soared in early trading Monday despite lingering fears about the near-term future of the dry-bulk market. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/345693/EGLE-gains-altitude Mon, 29 Sep 2014 17:59:26 +0000 finance Heavy fine for Clydeport http://www.tradewindsnews.com/casualties/345691/Heavy-fine-for-Clydeport Scotland’s Clydeport Operations has been fined for its part in a 2007 accident in which three men died. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/345691/Heavy-fine-for-Clydeport Mon, 29 Sep 2014 16:31:27 +0000 casualties Fredriksen buys GOGL bond http://www.tradewindsnews.com/finance/345690/Fredriksen-buys-GOGL-bond John Fredriksen’s Geveran Trading has bought an extra $10m slice of Golden Ocean’s convertible bond. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345690/Fredriksen-buys-GOGL-bond Mon, 29 Sep 2014 16:03:05 +0000 finance Ferguson's first http://www.tradewindsnews.com/shipsales/345684/Fergusons-first Scotland’s Ferguson shipyard has won its first new order since being resurrected from administration by Jim McColl's Clyde Blowers Capital. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345684/Fergusons-first Mon, 29 Sep 2014 15:06:30 +0000 shipsales More VLCCs for CMES http://www.tradewindsnews.com/tankers/345687/More-VLCCs-for-CMES China Merchants Energy Shipping (CMES) has added another four VLCCs to its growing orderbook in China. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/345687/More-VLCCs-for-CMES Mon, 29 Sep 2014 14:45:53 +0000 tankers Sale boosts dividends http://www.tradewindsnews.com/gas/345685/Sale-boosts-dividends Dividend distribution at GasLog is set to increase after a drop-down deal with a spin-off was finalised on Monday. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/gas/345685/Sale-boosts-dividends Mon, 29 Sep 2014 14:14:50 +0000 gas Data to lift dry spirits http://www.tradewindsnews.com/drycargo/345658/Data-to-lift-dry-spirits Jefferies has identified economic data from China that offers some hope for the dry cargo market. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/345658/Data-to-lift-dry-spirits Mon, 29 Sep 2014 13:42:58 +0000 drycargo Banks back Rongsheng http://www.tradewindsnews.com/finance/345683/Banks-back-Rongsheng Chinese shipyard group Rongsheng’s lenders have backed its restructuring as the company brought in an asset valuation expert. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/345683/Banks-back-Rongsheng Mon, 29 Sep 2014 13:36:48 +0000 finance Ulstein seals design deal http://www.tradewindsnews.com/offshore/345678/Ulstein-seals-design-deal Norway’s Ulstein has been awarded the design and equipment contract for a new subsea rock installation vessel (SRI), ordered by Van Oord. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/345678/Ulstein-seals-design-deal Mon, 29 Sep 2014 13:10:55 +0000 offshore Hapag, Maersk ships clash http://www.tradewindsnews.com/casualties/345667/Hapag-Maersk-ships-clash Two huge Hapag-Lloyd and Maersk Line container vessels collided in the Suez Canal on Monday morning. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/345667/Hapag-Maersk-ships-clash Mon, 29 Sep 2014 12:15:11 +0000 casualties CSDC gets scrap money http://www.tradewindsnews.com/finance/345657/CSDC-gets-scrap-money China Shipping Development Co (CSDC) has seen its participation in a government scrapping project pay off after sending 15 vessels to the breakers’ yards. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345657/CSDC-gets-scrap-money Mon, 29 Sep 2014 11:04:21 +0000 finance Fire hits P&O ferry http://www.tradewindsnews.com/casualties/345659/Fire-hits-PO-ferry Passengers were evacuated from a P&O ferry in Calais on Monday morning after a fire broke out on board. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/345659/Fire-hits-PO-ferry Mon, 29 Sep 2014 10:53:02 +0000 casualties Hong Kong in the streets http://www.tradewindsnews.com/finance/345662/Hong-Kong-in-the-streets Mass democracy protests and tear gassing have left Hong Kong shipping companies undisrupted so far, but many expect Wednesday's national holiday could fill the streets again. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345662/Hong-Kong-in-the-streets Mon, 29 Sep 2014 10:43:43 +0000 finance Tankers heating up http://www.tradewindsnews.com/tankers/345661/Tankers-heating-up Weak rates may have put the brakes on dry cargo ship sales but demand for crude tankers is running hot. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/345661/Tankers-heating-up Mon, 29 Sep 2014 10:29:11 +0000 tankers Ex-yard boss charged http://www.tradewindsnews.com/finance/345656/Ex-yard-boss-charged The former CEO of China’s Hudong-Zhonghua Shipbuilding will face charges in a bribery case. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/345656/Ex-yard-boss-charged Mon, 29 Sep 2014 10:17:57 +0000 finance Iran-Oman initiative http://www.tradewindsnews.com/finance/345655/Iran-Oman-initiative A new shipping line between Iran and Oman is under discussion as the two countries enter into advanced negotiations on boosting maritime trade. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/345655/Iran-Oman-initiative Mon, 29 Sep 2014 09:44:18 +0000 finance Algoma bulker damaged http://www.tradewindsnews.com/casualties/345651/Algoma-bulker-damaged An Algoma bulker has been damaged after hitting the side of the Welland Canal in Canada. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/345651/Algoma-bulker-damaged Mon, 29 Sep 2014 09:30:12 +0000 casualties EMAS targets $36m http://www.tradewindsnews.com/offshore/345652/EMAS-targets-36m Ezra-backed EMAS Offshore is looking to raise SGD 58.79m ($36.31m) from its secondary listing in Singapore. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/offshore/345652/EMAS-targets-36m Mon, 29 Sep 2014 09:09:00 +0000 offshore Xinhe clinches dredger http://www.tradewindsnews.com/shipsales/345648/Xinhe-clinches-dredger Tianjin Xinhe Shipbuilding of China has won a dredger newbuilding contract from Pakistan. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345648/Xinhe-clinches-dredger Mon, 29 Sep 2014 08:55:04 +0000 shipsales Helgesson joins Concordia http://www.tradewindsnews.com/tankers/345645/Helgesson-joins-Concordia Stena Line finance chief Ola Helgesson is shifting seats to tanker sibling Concordia Maritime. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/345645/Helgesson-joins-Concordia Mon, 29 Sep 2014 08:21:51 +0000 tankers Another fine for K Line http://www.tradewindsnews.com/liner/345643/Another-fine-for-K-Line Japanese shipowner K Line has been hit with a $67.7m penalty in a US ro-ro antitrust case. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/345643/Another-fine-for-K-Line Mon, 29 Sep 2014 08:18:17 +0000 liner Mitsui inks LNG quintet http://www.tradewindsnews.com/gas/345639/Mitsui-inks-LNG-quintet Japanese trader Mitsui & Co has finalised time-charter contracts on five of the LNG carrier newbuildings tendered for in an eight ship project for tonnage to lift its cargoes from Cameron LNG in the US. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/345639/Mitsui-inks-LNG-quintet Mon, 29 Sep 2014 07:47:54 +0000 gas Torm finds second solution http://www.tradewindsnews.com/finance/345638/Torm-finds-second-solution Oaktree Capital and its fellow Torm lenders have stepped up with a restructuring package for the Danish tanker owner. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/345638/Torm-finds-second-solution Mon, 29 Sep 2014 07:31:08 +0000 finance Dandong seals ro-ro order http://www.tradewindsnews.com/shipsales/345634/Dandong-seals-ro-ro-order China's Shandong Huanghai Shipbuilding has won an order for a new ro-pax to operate on a route to Korea. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345634/Dandong-seals-ro-ro-order Mon, 29 Sep 2014 06:49:45 +0000 shipsales Astomos returns to MHI http://www.tradewindsnews.com/gas/345637/Astomos-returns-to-MHI Astomos Energy Corporation has returned to Mitsubishi Heavy Industries for its third VLGC newbuilding in less than a year. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/345637/Astomos-returns-to-MHI Mon, 29 Sep 2014 06:40:02 +0000 gas Five more years http://www.tradewindsnews.com/offshore/345633/Five-more-years Norway's AKOFS Offshore has won a five-year charter extension for a subsea support ship in Brazil. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/345633/Five-more-years Mon, 29 Sep 2014 06:12:45 +0000 offshore NCL takes BBR stake http://www.tradewindsnews.com/offshore/345632/NCL-takes-BBR-stake Nam Cheong Ltd (NCL) is to take a 30% stake in an enlarged PT Pelayaran Nasional Bina Buana Raya (BBR). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/345632/NCL-takes-BBR-stake Mon, 29 Sep 2014 05:39:12 +0000 offshore Navig8 takes eco pair http://www.tradewindsnews.com/tankers/345631/Navig8-takes-eco-pair Navig8 has cemented a deal to acquire two 49,000-dwt ‘eco’ design chemical tankers under construction in Vietnam. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/tankers/345631/Navig8-takes-eco-pair Mon, 29 Sep 2014 01:55:07 +0000 tankers MISC loan gets S&P rating http://www.tradewindsnews.com/finance/345629/MISC-loan-gets-SP-rating MISC’s recent $1.55bn syndicated loan facility has been given a ‘BBB’ long-term issue rating by Standard & Poor’s (S&P). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/345629/MISC-loan-gets-SP-rating Mon, 29 Sep 2014 01:07:19 +0000 finance Norden takes two http://www.tradewindsnews.com/drycargo/345610/Norden-takes-two A leading Danish operator has emerged as the patron behind a pair of period deals sealed Friday afternoon. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/drycargo/345610/Norden-takes-two Fri, 26 Sep 2014 19:01:56 +0000 drycargo S&P activity slows http://www.tradewindsnews.com/drycargo/345608/SP-activity-slows Asset prices in the dry-bulk segment appear to be stabilising and sale-and-purchase activity seems to be slowing across the board, a leading brokerage told clients Friday. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/drycargo/345608/SP-activity-slows Fri, 26 Sep 2014 18:01:50 +0000 drycargo Jumbo jet set http://www.tradewindsnews.com/TWplus/345607/Jumbo-jet-set Today’s topic is the aeroplane. For all you maritime types, just think of it as a ship with wings. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/TWplus/345607/Jumbo-jet-set Fri, 26 Sep 2014 16:17:09 +0000 TWplus Arsenal: Nil http://www.tradewindsnews.com/TWplus/345605/Arsenal-Nil No guns. That’s the first rule for foreign private security firms operating in Nigerian waters. The second rule: no foreign private security firms allowed. So how does P2P hope to become market leader in West Africa? Andrew Varney explains his strategy to Paul Berrill n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/TWplus/345605/Arsenal-Nil Fri, 26 Sep 2014 16:12:22 +0000 TWplus Speed queen http://www.tradewindsnews.com/TWplus/345601/Speed-queen n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/TWplus/345601/Speed-queen Fri, 26 Sep 2014 16:03:57 +0000 TWplus Atoms for seas http://www.tradewindsnews.com/TWplus/345599/Atoms-for-seas Jonathan Boonzaier takes a look back at a unique vessel inspired by Dwight Eisenhower. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/TWplus/345599/Atoms-for-seas Fri, 26 Sep 2014 16:00:34 +0000 TWplus AP Moller disappoints Platou http://www.tradewindsnews.com/liner/345596/AP-Moller-disappoints-Platou Forecasters at a leading European investment bank have downgraded shares of diversified Danish shipping giant AP Moller-Maersk (AP Moller). aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/liner/345596/AP-Moller-disappoints-Platou Fri, 26 Sep 2014 15:49:25 +0000 liner For Parakou’s patriarch, the family that ships together sticks together http://www.tradewindsnews.com/TWplus/345594/For-Parakou’s-patriarch-the-family-that-ships-together-sticks-together Next year it will be 30 years since CC Liu set up Parakou Shipping in Hong Kong. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/TWplus/345594/For-Parakou’s-patriarch-the-family-that-ships-together-sticks-together Fri, 26 Sep 2014 15:43:52 +0000 TWplus Something to sing about http://www.tradewindsnews.com/TWplus/345588/Something-to-sing-about Ion Varouxakis, chief executive of Freeseas, talks opera, sci-fi and art with Andy Pierce onboard his beloved historic yacht, the Aello n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/TWplus/345588/Something-to-sing-about Fri, 26 Sep 2014 15:26:35 +0000 TWplus My walking staff http://www.tradewindsnews.com/quarterly/345584/My-walking-staff The president of Winning Shipping, the company that dominates the transport of Indonesian bauxite into China, has a second passion — outdoor activities. And he is keen to involve his staff. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/quarterly/345584/My-walking-staff Fri, 26 Sep 2014 15:01:15 +0000 quarterly Service charge included http://www.tradewindsnews.com/TWplus/345565/Service-charge-included Related-party payments get a bad press, but they have their defenders. Do such arrangements offer value for money and treat all shareholders fairly? Eric Martin investigates. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/TWplus/345565/Service-charge-included Fri, 26 Sep 2014 14:51:27 +0000 TWplus Taking stock http://www.tradewindsnews.com/quarterly/345581/Taking-stock Is aggregation the way of the future for maritime spare parts supply, asks Paul Berrill n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/quarterly/345581/Taking-stock Fri, 26 Sep 2014 14:46:58 +0000 quarterly Trust is shipping's most precious commodity http://www.tradewindsnews.com/TWplus/345561/Trust-is-shippings-most-precious-commodity For too long the shipping industry has believed its own myth that it is unlike any other business. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/TWplus/345561/Trust-is-shippings-most-precious-commodity Fri, 26 Sep 2014 14:36:24 +0000 TWplus CarVal ship ordered seized http://www.tradewindsnews.com/offshore/345570/CarVal-ship-ordered-seized Cal Dive International has secured a court order to seize a pipelayer owned by Cargill’s CarVal Investors unit in a dispute over unpaid bills in the wake of Oceanografia’s fraud scandal. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/offshore/345570/CarVal-ship-ordered-seized Fri, 26 Sep 2014 14:19:24 +0000 offshore Subsea 7 cuts debt http://www.tradewindsnews.com/offshore/345558/Subsea-7-cuts-debt Oslo-listed Subsea 7 has spent $79.1m on buying back convertible bonds. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/345558/Subsea-7-cuts-debt Fri, 26 Sep 2014 13:42:16 +0000 offshore Zvezda eyes PSVs http://www.tradewindsnews.com/shipsales/345544/Zvezda-eyes-PSVs Russia's new Zvezda shipyard could soon start building supply ships or drilling platforms. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345544/Zvezda-eyes-PSVs Fri, 26 Sep 2014 12:48:22 +0000 shipsales On the road to $100m http://www.tradewindsnews.com/TWplus/345550/On-the-road-to-100m Andy Pierce traces Christian Andersen on an intercontinental roadshow as Avance Gas seeks to raise cash from investors. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/TWplus/345550/On-the-road-to-100m Fri, 26 Sep 2014 12:42:36 +0000 TWplus Siem takes shipyard http://www.tradewindsnews.com/shipsales/345548/Siem-takes-shipyard German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has been taken over by Norway’s Siem Industries in a deal that will take effect by the end of October. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/345548/Siem-takes-shipyard Fri, 26 Sep 2014 11:47:20 +0000 shipsales CMES seals VLOC deal http://www.tradewindsnews.com/drycargo/345546/CMES-seals-VLOC-deal China Merchants Energy Shipping (CMES) has clinched a deal to order 10 new very large ore carriers (VLOCs) for charter to Brazilian miner Vale. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/345546/CMES-seals-VLOC-deal Fri, 26 Sep 2014 11:39:26 +0000 drycargo Cargoship barred http://www.tradewindsnews.com/drycargo/345541/Cargoship-barred The Paris MOU group of European states has banned a Bulgarian cargoship for a year after failing safety checks. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/345541/Cargoship-barred Fri, 26 Sep 2014 10:28:49 +0000 drycargo GSI closing in on overhaul http://www.tradewindsnews.com/shipsales/345540/GSI-closing-in-on-overhaul State-owned Chinese shipbuilder Guangzhou Shipyard International (GSI) is edging towards a “significant assets restructuring” but precise details are still hard to find. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/345540/GSI-closing-in-on-overhaul Fri, 26 Sep 2014 10:19:36 +0000 shipsales Crews warned over lines http://www.tradewindsnews.com/casualties/345537/Crews-warned-over-lines Australia's safety board has urged seafarers to beware mooring lines after a crewman's foot was severed at Port Hedland. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/345537/Crews-warned-over-lines Fri, 26 Sep 2014 09:52:30 +0000 casualties BigRoll adds third http://www.tradewindsnews.com/shipsales/345534/BigRoll-adds-third Dutch heavy-lift owner BigRoll Shipping has declared one of two options for a module carrier at Cosco Dalian Shipyard in China. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/345534/BigRoll-adds-third Fri, 26 Sep 2014 09:35:05 +0000 shipsales