www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com K Line man faces jail http://www.tradewindsnews.com/liner/353522/K-Line-man-faces-jail A K Line official in the US was sentenced to 18 months in jail on Friday after pleading guilty to price fixing. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/353522/K-Line-man-faces-jail Mon, 02 Feb 2015 01:00:29 +0000 liner NYK gets 'magic pipe' fine http://www.tradewindsnews.com/casualties/353521/NYK-gets-magic-pipe-fine A company controlled by NYK has admitted covering up the deliberate discharge of oil and has been ordered to $1.8m by a US court. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/353521/NYK-gets-magic-pipe-fine Mon, 02 Feb 2015 00:14:23 +0000 casualties Stifel plugs CPLP http://www.tradewindsnews.com/finance/353520/Stifel-plugs-CPLP A leading Wall Street equity analyst is urging clients to accumulate shares of Capital Product Partners on the heels of a strong quarter. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/353520/Stifel-plugs-CPLP Fri, 30 Jan 2015 20:26:24 +0000 finance Expenses hit Precious again http://www.tradewindsnews.com/drycargo/353517/Expenses-hit-Precious-again Precious Shipping has posted a moderate loss in 2014 due to higher expenses generated from its bigger fleet. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/353517/Expenses-hit-Precious-again Fri, 30 Jan 2015 17:17:13 +0000 drycargo Ostensjo orders in Spain http://www.tradewindsnews.com/shipsales/353513/Ostensjo-orders-in-Spain Ostensjo Rederi of Norway has returned to its long-term shipbuilder for the construction of three escort tugs. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/353513/Ostensjo-orders-in-Spain Fri, 30 Jan 2015 17:16:40 +0000 shipsales Fredriksen in double buy http://www.tradewindsnews.com/shipsales/353516/Fredriksen-in-double-buy John Fredriksen’s Frontline 2012 has made a rare second hand move with the acquisition of two suezmax tankers. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/353516/Fredriksen-in-double-buy Fri, 30 Jan 2015 17:00:40 +0000 shipsales SwissMarine takes cape http://www.tradewindsnews.com/drycargo/353515/SwissMarine-takes-cape SwissMarine has taken a Golden Union capesize bulker on a period contract. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/353515/SwissMarine-takes-cape Fri, 30 Jan 2015 16:28:38 +0000 drycargo Orix steps in http://www.tradewindsnews.com/finance/353514/Orix-steps-in The private equity arm of Japan's Orix Corp is the preferred bidder for HMM's stake in Hyundai Securities. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353514/Orix-steps-in Fri, 30 Jan 2015 15:34:00 +0000 finance A taxing question http://www.tradewindsnews.com/finance/353512/A-taxing-question While Greece’s new government is clearly fond of a larger contribution from the shipping community, it has not yet shed much light on its tax policy. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/353512/A-taxing-question Fri, 30 Jan 2015 15:26:25 +0000 finance Daiichi cuts loss http://www.tradewindsnews.com/finance/353510/Daiichi-cuts-loss Japanese owner Daiichi Chuo Kisen has slashed its net deficit in the first nine months. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353510/Daiichi-cuts-loss Fri, 30 Jan 2015 14:26:29 +0000 finance Lost in space http://www.tradewindsnews.com/casualties/353511/Lost-in-space A space scientist at the University of Leicester is investigating a system to help spot ships and planes lost at sea, like Malaysian flight MH370, using the capability of existing satellites. paul.berrill@tradewindsnews.com (Paul Berrill) http://www.tradewindsnews.com/casualties/353511/Lost-in-space Fri, 30 Jan 2015 14:09:22 +0000 casualties New Nordic alliance http://www.tradewindsnews.com/finance/353508/New-Nordic-alliance Swedish marine insurance broker Fairwater Marine is merging with Denmark's newly established Krahn Insurance Brokers (KIB). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353508/New-Nordic-alliance Fri, 30 Jan 2015 13:33:31 +0000 finance Strong finish for Capital http://www.tradewindsnews.com/tankers/353505/Strong-finish-for-Capital Capital Product Partners has made a strong finish in the last quarter of 2014 boosted by improved tanker rates as it secured new charter agreements for four vessels. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/353505/Strong-finish-for-Capital Fri, 30 Jan 2015 12:56:50 +0000 tankers Still life at 40 http://www.tradewindsnews.com/tankers/353506/Still-life-at-40 DHT Holdings is open to completing period contracts at a time when floating storage continues to aid the VLCC market. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/353506/Still-life-at-40 Fri, 30 Jan 2015 12:37:01 +0000 tankers NAO fixes duo http://www.tradewindsnews.com/offshore/353504/NAO-fixes-duo Nordic American Offshore (NAO) has moved two of its platform supply vessels (PSVs) out of the poor North Sea spot market on term deals. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/353504/NAO-fixes-duo Fri, 30 Jan 2015 12:12:36 +0000 offshore CMN in for yard? http://www.tradewindsnews.com/shipsales/353498/CMN-in-for-yard French shipyard group CMN has been linked to a bid for STX France in Saint-Nazaire. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/353498/CMN-in-for-yard Fri, 30 Jan 2015 11:58:56 +0000 shipsales Pareto cuts Stolt-Nielsen http://www.tradewindsnews.com/finance/353502/Pareto-cuts-Stolt-Nielsen Pareto Securities has downgraded shares in Stolt-Nielsen amid challenges in the tanker market. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/353502/Pareto-cuts-Stolt-Nielsen Fri, 30 Jan 2015 11:49:27 +0000 finance EMAS wins $65m contracts http://www.tradewindsnews.com/incoming/353499/EMAS-wins-65m-contracts EMAS AMC has added to its project portfolio with multiple new awards from various energy companies. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/incoming/353499/EMAS-wins-65m-contracts Fri, 30 Jan 2015 11:30:14 +0000 ece_incoming DHT calm on conversions http://www.tradewindsnews.com/tankers/353497/DHT-calm-on-conversions DHT Holdings has no fear that the conversion of capesize bulker newbuildings from dry to wet will damage the big tanker market. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/353497/DHT-calm-on-conversions Fri, 30 Jan 2015 11:20:27 +0000 tankers Eitzen set for Bermuda http://www.tradewindsnews.com/finance/353480/Eitzen-set-for-Bermuda Restructuring Eitzen Chemical is preparing to relocate to Bermuda after the shares exchange scheme with Team Tankers International (TTI) is completed in late February. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/353480/Eitzen-set-for-Bermuda Fri, 30 Jan 2015 11:12:29 +0000 finance $1.4bn for Zvezda http://www.tradewindsnews.com/finance/353494/1.4bn-for-Zvezda Russia's Rosneft has asked for RUB 89bn ($1.4bn) in funding for its big new Zvezda shipyard project in the country's far east. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353494/1.4bn-for-Zvezda Fri, 30 Jan 2015 11:10:23 +0000 finance Hijacked tanker found http://www.tradewindsnews.com/piracy/353482/Hijacked-tanker-found Malaysian forces have captured seven pirates that hijacked an Indonesian tanker. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/piracy/353482/Hijacked-tanker-found Fri, 30 Jan 2015 10:40:00 +0000 piracy Azuma boosts profit http://www.tradewindsnews.com/drycargo/353486/Azuma-boosts-profit Azuma Shipping of Japan has ridden a slightly higher revenue to a nearly 20% increase of its profit. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/353486/Azuma-boosts-profit Fri, 30 Jan 2015 10:20:35 +0000 drycargo Three crew poisoned http://www.tradewindsnews.com/casualties/353492/Three-crew-poisoned Bootleg alcohol has been blamed for the deaths of three seafarers on a Greek bulker in Indonesia. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/353492/Three-crew-poisoned Fri, 30 Jan 2015 09:46:06 +0000 casualties OOCL falls in fourth http://www.tradewindsnews.com/liner/353485/OOCL-falls-in-fourth Hong Kong container line OOCL has logged a drop in fourth quarter revenue and profit. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/353485/OOCL-falls-in-fourth Fri, 30 Jan 2015 09:13:20 +0000 liner Nordisk names new MD http://www.tradewindsnews.com/finance/353489/Nordisk-names-new-MD Karl Even Rygh to step up to top job in Norwegian FD&D mutual. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/finance/353489/Nordisk-names-new-MD Fri, 30 Jan 2015 09:10:43 +0000 finance Hanjin reduces the red http://www.tradewindsnews.com/incoming/353475/Hanjin-reduces-the-red Korea's Hanjin Shipping has cut its 2014 loss as cost-saving measures kicked in. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/incoming/353475/Hanjin-reduces-the-red Fri, 30 Jan 2015 08:43:46 +0000 ece_incoming Hairshirts in fashion http://www.tradewindsnews.com/andalso/353448/Hairshirts-in-fashion We take a look at what was said in the market over the past week. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/andalso/353448/Hairshirts-in-fashion Fri, 30 Jan 2015 07:56:37 +0000 andalso How big? http://www.tradewindsnews.com/liner/353474/How-big Japanese yard Imabari Shipbuilding has scooped an order for 11 mega-boxships linked to a charter deal for Evergreen. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/353474/How-big Fri, 30 Jan 2015 07:50:39 +0000 liner Maran back for VLCCs http://www.tradewindsnews.com/tankers/353471/Maran-back-for-VLCCs Greece’s Maran Tankers Management has splashed about $200m on two new VLCCs at DSME. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/353471/Maran-back-for-VLCCs Fri, 30 Jan 2015 07:33:55 +0000 tankers GLOP lifts dividend http://www.tradewindsnews.com/gas/353470/GLOP-lifts-dividend GasLog Partners has increased its annual dividend by 16% on the back of its expanded LNG carrier fleet. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/353470/GLOP-lifts-dividend Fri, 30 Jan 2015 06:54:35 +0000 gas K Line profit doubles http://www.tradewindsnews.com/finance/353469/K-Line-profit-doubles K Line has seen its third quarter net profit more than double compared to a year ago, figures released Friday show. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/353469/K-Line-profit-doubles Fri, 30 Jan 2015 06:14:49 +0000 finance MOL dips in third quarter http://www.tradewindsnews.com/finance/353467/MOL-dips-in-third-quarter Mitsui OSK Lines (MOL) has reported a decline in third quarter profit despite a year-on-year increase in revenue. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/353467/MOL-dips-in-third-quarter Fri, 30 Jan 2015 05:47:18 +0000 finance Steady as she goes http://www.tradewindsnews.com/finance/353465/Steady-as-she-goes NYK has reported a nine month profit of JPN 28bn ($593m) in a result largely unchanged from a year ago. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/353465/Steady-as-she-goes Fri, 30 Jan 2015 03:51:19 +0000 finance Exmar down on 2013 http://www.tradewindsnews.com/gas/353460/Exmar-down-on-2013 Exmar has reported a decline in full year financial figures, in provisional results released late Thursday. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/353460/Exmar-down-on-2013 Fri, 30 Jan 2015 01:53:16 +0000 gas McCain loses battle http://www.tradewindsnews.com/andalso/353458/McCain-loses-battle A prominent US Senator’s latest attempt to terminate the Jones Act, a cabotage law that protects domestic operators from foreign competition, has ended in failure. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/andalso/353458/McCain-loses-battle Thu, 29 Jan 2015 23:50:07 +0000 andalso Storage poised to surge http://www.tradewindsnews.com/tankers/353457/Storage-poised-to-surge More than a dozen floating storage fixtures have materialised since the start of 2015 but the total could increase substantially in the months ahead, according to an equity analyst at Wells Fargo Securities. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/353457/Storage-poised-to-surge Thu, 29 Jan 2015 22:14:31 +0000 tankers No SALT please http://www.tradewindsnews.com/finance/353456/No-SALT-please Scorpio Tankers (STNG) is ruling out any further deals with sister company Scorpio Bulkers (SALT) after seeing its own shares plunge 8% today. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/353456/No-SALT-please Thu, 29 Jan 2015 19:41:18 +0000 finance Economou under fire http://www.tradewindsnews.com/finance/353455/Economou-under-fire A growing number of equity analysts are starting to express concerns about how Tankships Investment Holdings will be received if it moves forward with a US listing. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/353455/Economou-under-fire Thu, 29 Jan 2015 19:01:45 +0000 finance KEX beefs up buy-back http://www.tradewindsnews.com/finance/353453/KEX-beefs-up-buy-back Shares of Kirby Corporation lost traction in early trading Thursday but forecasters are confident that the operator’s stock will gain momentum in the months ahead. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/353453/KEX-beefs-up-buy-back Thu, 29 Jan 2015 17:22:17 +0000 finance ClassNK hits 20m gt mark http://www.tradewindsnews.com/finance/353452/ClassNK-hits-20m-gt-mark Japan’s ClassNK has hit the 20m gt mark for new tonnage for the fourth consecutive year. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/353452/ClassNK-hits-20m-gt-mark Thu, 29 Jan 2015 15:58:05 +0000 finance The only way to go http://www.tradewindsnews.com/finance/353446/The-only-way-to-go The head of Russia’s property management agency has said an IPO is the only option being considered for the privatisation of state shipping group Sovcomflot (SCF). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353446/The-only-way-to-go Thu, 29 Jan 2015 15:31:49 +0000 finance Scorpio fixes four http://www.tradewindsnews.com/drycargo/353449/Scorpio-fixes-four Scorpio Bulkers has fixed three newly delivered vessels on time charter contracts and has found employment for one of its newbuildings. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/353449/Scorpio-fixes-four Thu, 29 Jan 2015 15:17:31 +0000 drycargo Stena on the rise http://www.tradewindsnews.com/liner/353447/Stena-on-the-rise Sweden’s Stena Line has posted an increase in both passenger and car volumes carried during 2014 on North Sea routes. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/353447/Stena-on-the-rise Thu, 29 Jan 2015 14:41:10 +0000 liner RCCL profit 40% up http://www.tradewindsnews.com/liner/353444/RCCL-profit-40-up Royal Caribbean Cruises Ltd (RCCL) has seen its full year profit soar year-on-year as the cruiseship owner sets its sights on an equally productive 2015. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/353444/RCCL-profit-40-up Thu, 29 Jan 2015 13:59:54 +0000 liner CSCL back in black http://www.tradewindsnews.com/liner/353436/CSCL-back-in-black Chinese container line CSCL will return to profit in 2014 according to its latest forecast. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/353436/CSCL-back-in-black Thu, 29 Jan 2015 13:26:26 +0000 liner Crew unfed and unpaid http://www.tradewindsnews.com/drycargo/353433/Crew-unfed-and-unpaid A bulk carrier has been detained in Australia over serious breaches of the Maritime Labor Convention with regards to lack of food on board and unpaid seafarers. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/353433/Crew-unfed-and-unpaid Thu, 29 Jan 2015 12:30:03 +0000 drycargo SALT linked to sale http://www.tradewindsnews.com/shipsales/353440/SALT-linked-to-sale US-listed Scorpio Bulkers has reportedly sold one of their ultramax bulker newbuildings it has on order at China's Chengxi shipyard. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/353440/SALT-linked-to-sale Thu, 29 Jan 2015 12:15:04 +0000 shipsales CSDC turns it around http://www.tradewindsnews.com/finance/353432/CSDC-turns-it-around China Shipping Development Corp (CSDC) is expecting a return to profit for 2014 on the back of higher tanker rates. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353432/CSDC-turns-it-around Thu, 29 Jan 2015 11:29:51 +0000 finance Subjects stall Eletson sale http://www.tradewindsnews.com/shipsales/353435/Subjects-stall-Eletson-sale A deal that would have seen Eletson Corp of Greece sell one of its remaining 1990s-built tankers at an attractive price has failed on subjects, TradeWinds has learned.  andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/353435/Subjects-stall-Eletson-sale Thu, 29 Jan 2015 11:21:15 +0000 shipsales Havila profit slips http://www.tradewindsnews.com/offshore/353423/Havila-profit-slips Havila Shipping has seen its 2014 profit slip following a weak performance in the last three-month period of the year. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/353423/Havila-profit-slips Thu, 29 Jan 2015 11:05:56 +0000 offshore Euronav’s greenshoe dance http://www.tradewindsnews.com/tankers/353420/Euronav’s-greenshoe-dance Euronav has finished its US initial public offering $229.06m to the good. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/353420/Euronav’s-greenshoe-dance Thu, 29 Jan 2015 10:49:34 +0000 tankers China Cosco expects better http://www.tradewindsnews.com/finance/353431/China-Cosco-expects-better China Cosco Holdings Co (CCHC) is forecasting profit growth of more than 50% for 2014. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353431/China-Cosco-expects-better Thu, 29 Jan 2015 10:29:52 +0000 finance Order joy for Wartsila http://www.tradewindsnews.com/finance/353422/Order-joy-for-Wartsila A strong fourth quarter with increased orders and sales has helped ship systems maker Wartsila end 2014 on a positive note. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/353422/Order-joy-for-Wartsila Thu, 29 Jan 2015 10:15:36 +0000 finance Galapagos grounding http://www.tradewindsnews.com/casualties/353430/Galapagos-grounding Oil booms have been placed around an Ecuadorian cargoship after it ran aground off the environmentally sensitive Galapagos Islands. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/353430/Galapagos-grounding Thu, 29 Jan 2015 10:10:27 +0000 casualties Exmar nets FLNG job http://www.tradewindsnews.com/gas/353424/Exmar-nets-FLNG-job A consortium comprising Exmar, EDF Trading (EDFT) and a joint venture of AltaGas and Idemitsu has taken full control of much fought-after mid-scale floating LNG (FLNG) production project near Kitimat in western Canada. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/353424/Exmar-nets-FLNG-job Thu, 29 Jan 2015 09:44:43 +0000 gas Samsung profit slashed http://www.tradewindsnews.com/shipsales/353426/Samsung-profit-slashed Samsung Heavy Industries has seen earnings slashed in 2014 as revenue fell. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/353426/Samsung-profit-slashed Thu, 29 Jan 2015 09:43:36 +0000 shipsales Frontline installs $150m ATM http://www.tradewindsnews.com/finance/353425/Frontline-installs-150m-ATM John Fredriksen’s Frontline has taken advantage of growing investor interest in the crude tanker sector and upsized an at the market offering for a second time. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/353425/Frontline-installs-150m-ATM Thu, 29 Jan 2015 09:37:13 +0000 finance Stolt finishes strongly http://www.tradewindsnews.com/finance/353419/Stolt-finishes-strongly Stolt-Nielsen has recorded a strong fourth quarter but its chief executive was unhappy with 2014 as a whole. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/353419/Stolt-finishes-strongly Thu, 29 Jan 2015 09:21:37 +0000 finance Freire seals new order http://www.tradewindsnews.com/shipsales/353417/Freire-seals-new-order Spanish shipyard Freire is to build a research ship for the Peruvian government. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/353417/Freire-seals-new-order Thu, 29 Jan 2015 08:01:37 +0000 shipsales SMC inks LPG ship http://www.tradewindsnews.com/gas/353414/SMC-inks-LPG-ship Philippines owner SMC Shipping & Lighterage Corp is adding to its LPG tonnage with a new order in Japan. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/353414/SMC-inks-LPG-ship Thu, 29 Jan 2015 07:22:30 +0000 gas MHI wins LNG double http://www.tradewindsnews.com/gas/353413/MHI-wins-LNG-double Mitsubishi Heavy Industries (MHI) has secured orders for two LNG carriers from NYK and Mitsui OSK Lines (MOL). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/353413/MHI-wins-LNG-double Thu, 29 Jan 2015 07:00:36 +0000 gas UK seafarers increase http://www.tradewindsnews.com/andalso/353409/UK-seafarers-increase The number of UK seafarers has increased for the first time since 2010, new figures released by the UK Department for Transport show. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/andalso/353409/UK-seafarers-increase Thu, 29 Jan 2015 06:09:29 +0000 andalso SALT shares crash http://www.tradewindsnews.com/finance/353405/SALT-shares-crash Shares in Scorpio Bulkers ended Wednesday’s trading day down over 21% on the New York Stock Exchange (NYSE). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/353405/SALT-shares-crash Thu, 29 Jan 2015 03:19:22 +0000 finance Osaka set for repair http://www.tradewindsnews.com/casualties/353401/Osaka-set-for-repair Hoegh Autoliners is drawing up plans for repairs to the 52,000-gt Hoegh Osaka (built 2006), it has confirmed. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/353401/Osaka-set-for-repair Thu, 29 Jan 2015 00:49:49 +0000 casualties Seamax acquires resale http://www.tradewindsnews.com/liner/353399/Seamax-acquires-resale An investment vehicle led by industry veterans Cao Deambrosio and Ron Petrunoff has emerged as the buyer of a containership from Zhejiang Ouhua Shipbuilding. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/liner/353399/Seamax-acquires-resale Wed, 28 Jan 2015 23:41:53 +0000 liner DHT sheds red http://www.tradewindsnews.com/finance/353396/DHT-sheds-red DHT Holdings posted a fourth-quarter profit Wednesday that exceeded the expectations of many industry analysts. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/353396/DHT-sheds-red Wed, 28 Jan 2015 22:13:11 +0000 finance Paddy ponders private equity http://www.tradewindsnews.com/finance/353379/Paddy-ponders-private-equity Private equity investors are not going to lose their shirts despite mixed results in their shipping investments so far, Paddy Rodgers says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/353379/Paddy-ponders-private-equity Wed, 28 Jan 2015 20:24:59 +0000 finance No buyer yet http://www.tradewindsnews.com/shipsales/353288/No-buyer-yet STX France boss Laurent Castaing says no prospective purchaser has so far visited the yard. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/353288/No-buyer-yet Wed, 28 Jan 2015 15:53:00 +0000 shipsales Pacific to trump Atlantic http://www.tradewindsnews.com/liner/353273/Pacific-to-trump-Atlantic Shipowners will benefit from increased transport distances as trade patterns shift over the next 35 years, according to a new study. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/353273/Pacific-to-trump-Atlantic Wed, 28 Jan 2015 14:35:42 +0000 liner Period pain http://www.tradewindsnews.com/tankers/353284/Period-pain Ridgebury Tankers has questioned the established logic that contracting a newbuilding against period contracts is better for the market than speculative orders. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/353284/Period-pain Wed, 28 Jan 2015 13:37:37 +0000 tankers Greece halts port sale http://www.tradewindsnews.com/finance/353238/Greece-halts-port-sale Greece’s new left-wing government has revealed its intention to freeze its predecessors' plans to sell a majority stake in the port of Piraeus to Chinese giant Cosco. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/353238/Greece-halts-port-sale Wed, 28 Jan 2015 13:31:04 +0000 finance Euroseas to split? http://www.tradewindsnews.com/drycargo/353283/Euroseas-to-split Greece's Euroseas has raised the possibility of separating its dry cargo and container fleets. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/353283/Euroseas-to-split Wed, 28 Jan 2015 12:44:20 +0000 drycargo Torm wins more time http://www.tradewindsnews.com/finance/353281/Torm-wins-more-time Danish tanker owner Torm has gained more time to complete its financial restructuring. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/353281/Torm-wins-more-time Wed, 28 Jan 2015 12:09:29 +0000 finance Nanjing Tanker wins cargoes http://www.tradewindsnews.com/tankers/353244/Nanjing-Tanker-wins-cargoes China's Nanjing Tanker has signed a strategic agreement with CNOOC to lift cargoes for its new Taizhou Petrochemical plant. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/353244/Nanjing-Tanker-wins-cargoes Wed, 28 Jan 2015 11:27:58 +0000 tankers Aug Bolten adds to pool http://www.tradewindsnews.com/drycargo/353243/Aug-Bolten-adds-to-pool Germany’s Aug Bolten Group has added one of its newbuilds to the Sea Stallion Pool, set up jointly in 2013 with Greece’s Ariston Navigation. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/353243/Aug-Bolten-adds-to-pool Wed, 28 Jan 2015 11:22:27 +0000 drycargo Evergreen in giant charter deal http://www.tradewindsnews.com/liner/353264/Evergreen-in-giant-charter-deal Taiwan’s Evergreen has signed a deal to charter 11 new giant boxships from Shoei Kisen Kaisha of Japan. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/353264/Evergreen-in-giant-charter-deal Wed, 28 Jan 2015 11:15:12 +0000 liner No IPO rush http://www.tradewindsnews.com/tankers/353239/No-IPO-rush Euronav's successful float in New York has not signalled the opening of an IPO window for shipowners on Wall Street, a leading banker says. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/353239/No-IPO-rush Wed, 28 Jan 2015 10:30:21 +0000 tankers Wartsila in Ostensjo deal http://www.tradewindsnews.com/offshore/353231/Wartsila-in-Ostensjo-deal Wartsila has reached an agreement with Norway’s Ostensjo Rederi to supply three new escort tugs with dual-fuel engines. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/353231/Wartsila-in-Ostensjo-deal Wed, 28 Jan 2015 10:26:17 +0000 offshore New trio for Navig8 http://www.tradewindsnews.com/tankers/353237/New-trio-for-Navig8 Expanding tanker and bulker player Navig8 has announced three additions to its pools. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/353237/New-trio-for-Navig8 Wed, 28 Jan 2015 10:21:24 +0000 tankers Mercator loss grows http://www.tradewindsnews.com/drycargo/353236/Mercator-loss-grows Singapore-listed Mercator Lines has posted a bigger loss for its third quarter as revenue plunged. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/353236/Mercator-loss-grows Wed, 28 Jan 2015 10:04:07 +0000 drycargo Braemar sells iconic office http://www.tradewindsnews.com/finance/353232/Braemar-sells-iconic-office Braemar Shipping Services is getting ready to empty its distinctive office in London’s Marylebone to move to a bigger space following the merger with ACM Shipping. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/353232/Braemar-sells-iconic-office Wed, 28 Jan 2015 09:49:17 +0000 finance GMS gets four years http://www.tradewindsnews.com/offshore/353233/GMS-gets-four-years Gulf Marine Services (GMS) of the UAE has fixed out one of its large offshore ships for four years. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/353233/GMS-gets-four-years Wed, 28 Jan 2015 09:41:01 +0000 offshore Reefer refloated http://www.tradewindsnews.com/casualties/353226/Reefer-refloated A Triton Schiffahrt-managed reefer has been refloated off the US after grounding on Tuesday morning. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/353226/Reefer-refloated Wed, 28 Jan 2015 07:48:45 +0000 casualties