www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com BHP to boost output http://www.tradewindsnews.com/drycargo/336128/bhp-to-boost-output BHP Billiton is set to lift its iron ore production this year after reporting a strong third quarter for 2014. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/336128/bhp-to-boost-output Wed, 16 Apr 2014 06:45:03 +0000 drycargo ECO in Brazil move http://www.tradewindsnews.com/offshore/336127/eco-in-brazil-move Edison Chouest Offshore (ECO) has agreed to set up an offshore logistics support base and ship repair yard at Acu Port in Brazil. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/336127/eco-in-brazil-move Wed, 16 Apr 2014 06:12:19 +0000 offshore Korean ferry capsizes http://www.tradewindsnews.com/casualties/336122/korean-ferry-capsizes A major rescue operation is under way off South Korea after a ro-pax ferry carrying 476 people capsized. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/336122/korean-ferry-capsizes Wed, 16 Apr 2014 03:35:49 +0000 casualties Ezion in double deal http://www.tradewindsnews.com/offshore/336113/ezion-in-double-deal Singapore's Ezion Holdings has secured two separate contracts to supply service rigs in deals worth $78.7m. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/336113/ezion-in-double-deal Wed, 16 Apr 2014 01:31:22 +0000 offshore EGLE extends http://www.tradewindsnews.com/finance/336112/egle-extends Eagle Bulk Shipping (Eagle Bulk) of the US has been given two more weeks to restructure a billion-dollar credit facility. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/336112/egle-extends Tue, 15 Apr 2014 21:29:40 +0000 finance Suezmaxes soar http://www.tradewindsnews.com/tankers/336111/suezmaxes-soar Day rates for suezmax tankers trading in the spot market soared by more than 55% Tuesday following a sharp spike in activity from West Africa, according to Global Hunter Securities. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/336111/suezmaxes-soar Tue, 15 Apr 2014 21:00:07 +0000 tankers GLBS lands upgrade http://www.tradewindsnews.com/finance/336110/glbs-lands-upgrade An equity analyst at Wunderlich Securities has upgraded shares of Greek bulker operator Globus Maritime Limited (Globus). aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/336110/glbs-lands-upgrade Tue, 15 Apr 2014 20:13:03 +0000 finance Dry retreat http://www.tradewindsnews.com/drycargo/336109/dry-retreat Shares of US-listed bulker owners continued to lose traction Tuesday amid growing concerns about freight rates and the lacklustre performance of the Baltic Dry Index (BDI). aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/drycargo/336109/dry-retreat Tue, 15 Apr 2014 17:17:32 +0000 drycargo All hands on deck http://www.tradewindsnews.com/tankers/336106/all-hands-on-deck KNOT Offshore Partners of the UK is seeking employment for a shuttle tanker linked to a time charter that is about to expire. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/336106/all-hands-on-deck Tue, 15 Apr 2014 16:18:13 +0000 tankers Signing imminent http://www.tradewindsnews.com/liner/336103/signing-imminent Containerlines Hapag-Lloyd and CSAV are on the verge of completing their long-awaited merger. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/liner/336103/signing-imminent Tue, 15 Apr 2014 15:03:47 +0000 liner Orders don’t spook PB http://www.tradewindsnews.com/drycargo/336102/orders-dont-spook-pb Pacific Basin Shipping today dismissed any concern relating to acceleration in dry cargo newbuilding activity. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/336102/orders-dont-spook-pb Tue, 15 Apr 2014 14:00:31 +0000 drycargo Heron lands finance http://www.tradewindsnews.com/finance/336101/heron-lands-finance Petros Pappas-led Oceanbulk and Augustea-Bunge-York (ABY) have secured financing to complete the acquisition of 12 bulkers auctioned by Italian shipowner Deiulemar Shipping. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/336101/heron-lands-finance Tue, 15 Apr 2014 13:37:04 +0000 finance VLs to power STNG http://www.tradewindsnews.com/tankers/336100/vls-to-power-stng Scorpio Tankers is set for a vastly improved first quarter profit after completing the bumper sale of its VLCC fleet. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/336100/vls-to-power-stng Tue, 15 Apr 2014 13:12:27 +0000 tankers Reach hired by Exxon http://www.tradewindsnews.com/offshore/336095/reach-hired-by-exxon Reach Subsea has been contracted by ExxonMobil to carry out light construction work in the North Sea. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/offshore/336095/reach-hired-by-exxon Tue, 15 Apr 2014 12:19:05 +0000 offshore PwC raises alarm http://www.tradewindsnews.com/finance/336098/pwc-raises-alarm Rongsheng Heavy Industries stuck an upbeat note in its annual report amid a warning from its auditor about its ability to continue as a going concern. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/336098/pwc-raises-alarm Tue, 15 Apr 2014 12:04:41 +0000 finance Beckham tackled http://www.tradewindsnews.com/andalso/336093/beckham-tackled A year after hanging up his boots David Beckham is still on the receiving end of strong challenges it seems. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/andalso/336093/beckham-tackled Tue, 15 Apr 2014 10:54:43 +0000 andalso Nanjing Tanker chops loss http://www.tradewindsnews.com/finance/336086/nanjing-tanker-chops-loss CSC Nanjing Tanker has managed to chop its first quarter loss in its final statements release as a Shanghai-listed company. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/336086/nanjing-tanker-chops-loss Tue, 15 Apr 2014 10:39:07 +0000 finance Havyard nets PSV order http://www.tradewindsnews.com/offshore/336088/havyard-nets-psv-order Norway’s Havyard has sealed a follow up order from Icelandic newcomer Fafnir Offshore. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/offshore/336088/havyard-nets-psv-order Tue, 15 Apr 2014 09:41:19 +0000 offshore Avance holds firm http://www.tradewindsnews.com/finance/336085/avance-holds-firm Avance Gas avoided falls in the wider stock market as its shares began life on the Oslo Stock Exchange today. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/336085/avance-holds-firm Tue, 15 Apr 2014 09:38:19 +0000 finance Goldman cashes Awilco shares http://www.tradewindsnews.com/finance/336083/goldman-cashes-awilco-shares One of the largest shareholders in Awilco LNG has sold down its interest in the company. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/336083/goldman-cashes-awilco-shares Tue, 15 Apr 2014 08:25:19 +0000 finance Golden Ocean buys again http://www.tradewindsnews.com/shipsales/336082/golden-ocean-buys-again Golden Ocean has stepped back into the sale and purchase market to buy an ice-class panamax. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/336082/golden-ocean-buys-again Tue, 15 Apr 2014 07:35:40 +0000 shipsales Pan Ocean drops bank sale http://www.tradewindsnews.com/finance/336081/pan-ocean-drops-bank-sale Struggling shipowner Pan Ocean has decided against selling its stake in Heungkuk Mutual Saving Bank. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/336081/pan-ocean-drops-bank-sale Tue, 15 Apr 2014 06:32:58 +0000 finance Rio Tinto sees mixed Q1 http://www.tradewindsnews.com/drycargo/336080/rio-tinto-sees-mixed-q1 Rio Tinto has reported a 16.7% increase in iron ore shipments for the first quarter of 2014, figures released Tuesday show. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/336080/rio-tinto-sees-mixed-q1 Tue, 15 Apr 2014 05:49:29 +0000 drycargo CGG eyes bond issue http://www.tradewindsnews.com/offshore/336079/cgg-eyes-bond-issue CGG is looking to tap the bond markets as it looks to repay a convertible bond issue coming up for repayment. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/336079/cgg-eyes-bond-issue Tue, 15 Apr 2014 03:54:31 +0000 offshore Odfjell eyes LPG growth http://www.tradewindsnews.com/tankers/336074/odfjell-eyes-lpg-growth Odfjell is not letting a first tough year back in the LPG/Ethylene market put it off from becoming a major player in the sector. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/tankers/336074/odfjell-eyes-lpg-growth Tue, 15 Apr 2014 00:46:49 +0000 tankers ISC sounds alarm http://www.tradewindsnews.com/finance/336072/isc-sounds-alarm International Shipholding Corp (ISC) of the US made waves on Wall Street Monday after warning investors that it expects to turn in a first-quarter loss. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/336072/isc-sounds-alarm Mon, 14 Apr 2014 21:00:03 +0000 finance All systems go http://www.tradewindsnews.com/liner/336071/all-systems-go Crowley Maritime appears to be moving forward with plans to equip a pair of ro-ro containerships (con-ros) under construction in the US with LNG power systems. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/liner/336071/all-systems-go Mon, 14 Apr 2014 20:25:58 +0000 liner Crowley rolls the dice http://www.tradewindsnews.com/finance/336070/crowley-rolls-the-dice Crowley Maritime recently pulled an application for loan guarantees backed by the US Maritime Administration (MarAd) but the operator hasn’t given up on the Title XI programme altogether. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/336070/crowley-rolls-the-dice Mon, 14 Apr 2014 19:56:57 +0000 finance NuStar lands nod http://www.tradewindsnews.com/tankers/336069/nustar-lands-nod The launch of new marine loading dock at a terminal in Corpus Christi bodes well for the Jones Act tanker, tug and barge market, according to an analyst at Arctic Securities. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/336069/nustar-lands-nod Mon, 14 Apr 2014 17:42:16 +0000 tankers Crowley pulls loan app http://www.tradewindsnews.com/finance/336065/crowley-pulls-loan-app Another US shipowner appears to have withdrawn an application for Title XI loan guarantees backed by the US Maritime Administration (MarAd). aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/336065/crowley-pulls-loan-app Mon, 14 Apr 2014 16:25:22 +0000 finance GTT logs Q1 growth http://www.tradewindsnews.com/finance/336061/gtt-logs-q1-growth French LNG containment system designer GTT has reported a 31.1% jump in revenue during the first quarter of this year to EUR 59.1m ($81.7m) compared to the comparable period in 2013. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/336061/gtt-logs-q1-growth Mon, 14 Apr 2014 15:10:59 +0000 finance Dutch yards under scrutiny http://www.tradewindsnews.com/shipsales/336055/dutch-yards-under-scrutiny The European Commission is investigating Dutch shipyards’ use of a tax leasing system following complaints by Spanish rivals. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/336055/dutch-yards-under-scrutiny Mon, 14 Apr 2014 14:38:03 +0000 shipsales BDI slips below 1,000 points http://www.tradewindsnews.com/drycargo/336053/bdi-slips-below-1000-points Slumping capesize rates dragged the Baltic Dry Index (BDI) below 1,000 points on Monday. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/336053/bdi-slips-below-1000-points Mon, 14 Apr 2014 14:33:11 +0000 drycargo GSI eyes fresh funds http://www.tradewindsnews.com/finance/336054/gsi-eyes-fresh-funds Guangzhou Shipyard International (GSI) appears to be gearing up for the next stage of its expansion with another equity offering. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/336054/gsi-eyes-fresh-funds Mon, 14 Apr 2014 14:02:36 +0000 finance CSC Phoenix faces chop http://www.tradewindsnews.com/drycargo/336059/csc-phoenix-faces-chop Chinese bulker owner CSC Phoenix is facing delisting in China after it posted another huge annual loss. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/336059/csc-phoenix-faces-chop Mon, 14 Apr 2014 13:29:47 +0000 drycargo SNO eyes profit http://www.tradewindsnews.com/shipsales/336051/sno-eyes-profit Romanian shipyard Santierul Naval Orsova (SNO) is hoping to return to the black this year. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/336051/sno-eyes-profit Mon, 14 Apr 2014 13:06:26 +0000 shipsales Euronav to snap streak http://www.tradewindsnews.com/finance/336056/euronav-to-snap-streak Euronav has been tipped to complete a listing in the US within the next few months backed by a return to profit for the first quarter. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/336056/euronav-to-snap-streak Mon, 14 Apr 2014 12:44:32 +0000 finance Simek lands Fletcher order http://www.tradewindsnews.com/offshore/336052/simek-lands-fletcher-order Scottish owner Fletcher Shipping has ordered two platform supply vessels (PSVs) from Simek in Norway. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/336052/simek-lands-fletcher-order Mon, 14 Apr 2014 12:15:06 +0000 offshore Topaz builds in West Africa http://www.tradewindsnews.com/offshore/336046/topaz-builds-in-west-africa Topaz Energy and Marine has added another vessel to its fast expanding West Africa-based fleet. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/offshore/336046/topaz-builds-in-west-africa Mon, 14 Apr 2014 11:05:45 +0000 offshore Vinalines ship seized http://www.tradewindsnews.com/drycargo/336049/vinalines-ship-seized South Korea’s SK Engineering and Construction (SK E&C) has had a Vinalines bulker arrested over an unpaid debt. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/336049/vinalines-ship-seized Mon, 14 Apr 2014 10:47:40 +0000 drycargo OCBC boosts Ezra http://www.tradewindsnews.com/finance/336048/ocbc-boosts-ezra Expectations of improved earnings and subsea contract wins have led OCBC to upgrade its rating on Ezra Holdings. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/336048/ocbc-boosts-ezra Mon, 14 Apr 2014 10:37:01 +0000 finance Bulker sinks workboat http://www.tradewindsnews.com/casualties/336043/bulker-sinks-workboat A workboat has sunk off Colombia following a collision with a Columbia Shipmanagement bulker. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/336043/bulker-sinks-workboat Mon, 14 Apr 2014 10:16:17 +0000 casualties Noren netted more http://www.tradewindsnews.com/tankers/336041/noren-netted-more Hans Noren saw his pay packet double in his final year at the helm of Concordia Maritime thanks to a severance payment. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/336041/noren-netted-more Mon, 14 Apr 2014 10:01:26 +0000 tankers KfW provisions jump http://www.tradewindsnews.com/finance/336040/kfw-provisions-jump German bank KfW has more than doubled loan-loss provisions due to ongoing problems in shipping markets. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/336040/kfw-provisions-jump Mon, 14 Apr 2014 09:46:15 +0000 finance RABT holding out http://www.tradewindsnews.com/finance/336036/rabt-holding-out Swedish shipowner Rederi AB TransAtlantic (RABT) has urged shareholders to reject a full takeover bid by majority shareholder Christen Sveaas. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/336036/rabt-holding-out Mon, 14 Apr 2014 09:31:06 +0000 finance Double for Arkas http://www.tradewindsnews.com/liner/336029/double-for-arkas Turkey’s Arkas Group is renewing its fleet with an order for two new boxships in China. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/336029/double-for-arkas Mon, 14 Apr 2014 09:03:49 +0000 liner Bronze bonus for Danaos http://www.tradewindsnews.com/liner/336033/bronze-bonus-for-danaos Danaos Corporation has secured over $11m from its latest scrapping deal. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/336033/bronze-bonus-for-danaos Mon, 14 Apr 2014 08:51:14 +0000 liner Baltiysky in pole position http://www.tradewindsnews.com/shipsales/336034/baltiysky-in-pole-position Russian shipyard Baltisyky Zavod looks likely to clinch a deal to build two nuclear-powered icebreakers for state agency Rosatom. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/336034/baltiysky-in-pole-position Mon, 14 Apr 2014 08:30:56 +0000 shipsales Reefer skips Durban http://www.tradewindsnews.com/liner/336030/reefer-skips-durban A Ukrainian reefer has scrapped a refuelling call in South Africa after an outcry over its cargo of whale meat. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/336030/reefer-skips-durban Mon, 14 Apr 2014 08:05:52 +0000 liner Hoegh LNG nets $412m http://www.tradewindsnews.com/finance/336026/hoegh-lng-nets-412m Hoegh LNG has secured a larger than expected loan to pay for two FSRU newbuildings. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/336026/hoegh-lng-nets-412m Mon, 14 Apr 2014 07:52:54 +0000 finance Lamnalco orders tug http://www.tradewindsnews.com/offshore/336028/lamnalco-orders-tug Smit Lamnalco has signed up for a new tug at Damen in the Netherlands for its Russian oil and gas terminal operations. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/336028/lamnalco-orders-tug Mon, 14 Apr 2014 07:39:17 +0000 offshore NYK adds eight big boxships http://www.tradewindsnews.com/liner/336024/nyk-adds-eight-big-boxships Japanese owner NYK has revealed a charter deal for eight huge boxships ordered at Japan Marine United (JMU). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/336024/nyk-adds-eight-big-boxships Mon, 14 Apr 2014 07:05:30 +0000 liner Dong Fang books four http://www.tradewindsnews.com/shipsales/336022/dong-fang-books-four Shanghai DongFang (Far East) Leasing has become the latest shipowner to order ultramax tonnage. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/shipsales/336022/dong-fang-books-four Mon, 14 Apr 2014 05:07:17 +0000 shipsales Nigeria frees guards http://www.tradewindsnews.com/piracy/336020/nigeria-frees-guards Nigerian authorities have released two UK nationals who were arrested last month amid allegations of crude oil theft. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/piracy/336020/nigeria-frees-guards Mon, 14 Apr 2014 04:39:28 +0000 piracy Ship battered off Scotland http://www.tradewindsnews.com/casualties/336017/ship-battered-off-scotland A general cargo vessel was forced to battle gale force winds off Scotland over the weekend after losing steerage. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/336017/ship-battered-off-scotland Mon, 14 Apr 2014 01:34:15 +0000 casualties Jones Act jamboree http://www.tradewindsnews.com/tankers/336008/jones-act-jamboree Huntington Ingalls Industries has teamed up with US compatriot Kinder Morgan to determine whether an ailing Louisiana shipyard is worth saving. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/336008/jones-act-jamboree Fri, 11 Apr 2014 22:41:17 +0000 tankers Seawolf sets sights http://www.tradewindsnews.com/tankers/336007/seawolf-sets-sights A campaign to expand Heidmar’s VLCC pool, Seawolf Tankers, appears to be gaining momentum. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/336007/seawolf-sets-sights Fri, 11 Apr 2014 20:51:18 +0000 tankers VLCCs dive into pool http://www.tradewindsnews.com/tankers/336005/vlccs-dive-into-pool Two of the fifteen vessels that Euronav acquired from Maersk Tankers have formally enrolled in the Tankers International (TI) VLCC pool. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/336005/vlccs-dive-into-pool Fri, 11 Apr 2014 17:48:08 +0000 tankers Street applauds GLOG http://www.tradewindsnews.com/finance/336003/street-applauds-glog GasLog watched its stock gain traction in early trading Friday after pricing shares linked to its latest follow-on equity offering. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/336003/street-applauds-glog Fri, 11 Apr 2014 15:22:47 +0000 finance Cape hope amid spot gloom http://www.tradewindsnews.com/drycargo/335994/cape-hope-amid-spot-gloom A crash in the capesize spot market this week has left period rates at more than double spot levels. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/335994/cape-hope-amid-spot-gloom Fri, 11 Apr 2014 15:16:09 +0000 drycargo Fire hits Grimaldi ferry http://www.tradewindsnews.com/casualties/336000/fire-hits-grimaldi-ferry The crew of a Grimaldi ro-ro/containership were rescued after their vessel caught fire yesterday off the coast of West Africa. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/casualties/336000/fire-hits-grimaldi-ferry Fri, 11 Apr 2014 14:23:15 +0000 casualties Cape prices defy crash http://www.tradewindsnews.com/shipsales/335987/cape-prices-defy-crash Crashing capesize spot rates have failed to dent buyers’ enthusiasm in the second hand market in which values continue to rise. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/335987/cape-prices-defy-crash Fri, 11 Apr 2014 13:12:11 +0000 shipsales Frontline 2012 to shine http://www.tradewindsnews.com/finance/335988/frontline-2012-to-shine John Fredriksen’s Frontline 2012 has been tipped for a sharp rise in first quarter profitability thanks to a strong crude tanker spot market. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/335988/frontline-2012-to-shine Fri, 11 Apr 2014 12:22:49 +0000 finance CSC Nanjing delisted http://www.tradewindsnews.com/finance/335989/csc-nanjing-delisted CSC Nanjing Tanker has become the first Chinese state controlled company to be delisted after racking up four straight years of losses. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/335989/csc-nanjing-delisted Fri, 11 Apr 2014 12:05:10 +0000 finance Uni-Asia boss to retire http://www.tradewindsnews.com/finance/335982/uniasia-boss-to-retire Uni-Asia Holdings is under new management after its long-serving chief executive officer and co-founder called time on his career. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/335982/uniasia-boss-to-retire Fri, 11 Apr 2014 10:58:31 +0000 finance Subsea ambitions http://www.tradewindsnews.com/andalso/335981/subsea-ambitions We take a look at what was said in the market over the past week. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/andalso/335981/subsea-ambitions Fri, 11 Apr 2014 10:41:37 +0000 andalso Swissco to double up http://www.tradewindsnews.com/offshore/335980/swissco-to-double-up Swissco Holdings’ venture into the rig owning arena should see the company double earnings straight away, analysts say. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/offshore/335980/swissco-to-double-up Fri, 11 Apr 2014 10:08:17 +0000 offshore Window ajar, not closed http://www.tradewindsnews.com/finance/335971/window-ajar-not-closed Shipowners hoping to raise cash for the first time in the capital markets will find the IPO window is still open - but it will be more difficult to climb through than it has been of late. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/335971/window-ajar-not-closed Fri, 11 Apr 2014 10:03:36 +0000 finance Keppel can take stake http://www.tradewindsnews.com/finance/335974/keppel-can-take-stake Keppel Offshore & Marine has the option to buy a 10% stake in Titan Petrochemical as part of a new shipyard management agreement between the pair. jason.oconnell@tradewinds.no (Jason O'Connell) http://www.tradewindsnews.com/finance/335974/keppel-can-take-stake Fri, 11 Apr 2014 09:17:42 +0000 finance Goldman ups Dynagas stake http://www.tradewindsnews.com/finance/335975/goldman-ups-dynagas-stake Goldman Sachs Asset Management has increased its strong position in George Procopiou’s Dynagas Partners by taking a batch of securities worth over $5m. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/335975/goldman-ups-dynagas-stake Fri, 11 Apr 2014 09:15:40 +0000 finance Crude looks sweet in Q1 http://www.tradewindsnews.com/tankers/335970/crude-looks-sweet-in-q1 Recovery in the crude tanker market will see widespread first quarter profitability for the first time in four years, Evercore Partners says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/335970/crude-looks-sweet-in-q1 Fri, 11 Apr 2014 08:27:27 +0000 tankers Star wins bank finance http://www.tradewindsnews.com/finance/335962/star-wins-bank-finance KfW IPEX-Bank has teamed up with Credit Agricole and DNB to fund Star Cruises’ latest cruiseship newbuilding in Germany. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/335962/star-wins-bank-finance Fri, 11 Apr 2014 06:58:13 +0000 finance Oz coal ports spared http://www.tradewindsnews.com/drycargo/335959/oz-coal-ports-spared Australia’s main coal exporting facilities in Queensland are expected to avoid the worst of tropical cyclone Ita. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/335959/oz-coal-ports-spared Fri, 11 Apr 2014 06:10:16 +0000 drycargo Huxley rules out VL orders http://www.tradewindsnews.com/shipsales/335906/huxley-rules-out-vl-orders Hong Kong shipowner Wah Kwong has no plans to join the VLCC newbuilding craze following the sale of its oldest tanker this week. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/335906/huxley-rules-out-vl-orders Fri, 11 Apr 2014 03:42:20 +0000 shipsales