www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com GHS downgrades Navigator http://www.tradewindsnews.com/gas/358133/ghs-downgrades-navigator Global Hunter Securities (GHS) cut its rating on Navigator Holdings’ stock to “neutral” as the shares neared the investment bank’s price target. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/gas/358133/ghs-downgrades-navigator Fri, 17 Apr 2015 21:26:19 +0000 gas Fire strikes Grieg port http://www.tradewindsnews.com/drycargo/358126/fire-strikes-grieg-port Fire has struck Grieg Star Shipping’s port terminal in Squamish, on Canada’s western coast. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/drycargo/358126/fire-strikes-grieg-port Fri, 17 Apr 2015 19:56:05 +0000 drycargo ABS Group taps CTO for CEO http://www.tradewindsnews.com/andalso/358123/abs-group-taps-cto-for-ceo The American Bureau of Shipping (ABS) has tapped its chief technology officer to take the helm of its technical services division, ABS Group of Companies. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/andalso/358123/abs-group-taps-cto-for-ceo Fri, 17 Apr 2015 17:11:47 +0000 andalso Wet orders hit eight-year high http://www.tradewindsnews.com/tankers/358117/wet-orders-hit-eight-year-high A lack of private equity interest has not stopped tanker newbuilding activity reaching the highest first quarter level since before the financial crisis, EA Gibson says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/358117/wet-orders-hit-eight-year-high Fri, 17 Apr 2015 16:39:48 +0000 tankers No Beijing behemoth http://www.tradewindsnews.com/liner/358116/no-beijing-behemoth Rumours Beijing is planning to pull together four major state-owned shipping companies appear to have been shot down by one of the companies involved. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/358116/no-beijing-behemoth Fri, 17 Apr 2015 15:33:00 +0000 liner ULTR sale fails http://www.tradewindsnews.com/shipsales/358108/ultr-sale-fails Former owners turn down chance to buy South American company's tankers and boxships as it plunges to 2014 loss. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/358108/ultr-sale-fails Fri, 17 Apr 2015 14:40:08 +0000 shipsales ‘Serious money’ http://www.tradewindsnews.com/tankers/358115/serious-money A post-crash peak in tanker rates will help push some of Wall Street’s largest tanker owners to stronger than anticipated first quarter profit, Wells Fargo says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/358115/serious-money Fri, 17 Apr 2015 14:00:24 +0000 tankers Chevron hires Solstad ship http://www.tradewindsnews.com/offshore/358110/chevron-hires-solstad-ship Solstad Offshore has agreed to continue its cooperation with long-term partner Chevron Offshore in Thailand. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/358110/chevron-hires-solstad-ship Fri, 17 Apr 2015 13:48:31 +0000 offshore Star adds final piece http://www.tradewindsnews.com/liner/358107/star-adds-final-piece Star Bulk Carriers has accepted delivery of the last of the 34 ships purchased as part of its takeover of Excel Maritime last year. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/358107/star-adds-final-piece Fri, 17 Apr 2015 13:40:00 +0000 liner Taiwan Nav drops http://www.tradewindsnews.com/drycargo/358103/taiwan-nav-drops Taiwan Navigation has posted lower earnings for 2014 despite increasing revenue. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/358103/taiwan-nav-drops Fri, 17 Apr 2015 12:35:01 +0000 drycargo Stena LNG fixes to NWS http://www.tradewindsnews.com/gas/358105/stena-lng-fixes-to-nws Stena Bulk has chartered out one of its three LNG carriers to Australia’s North West Shelf (NWS) project for a mid-term period. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/358105/stena-lng-fixes-to-nws Fri, 17 Apr 2015 11:59:49 +0000 gas Cosco Busan owner sued http://www.tradewindsnews.com/casualties/358096/cosco-busan-owner-sued Insurers are suing the owner and former manager of the ex-Cosco Busan for $11.2m after it smashed into the San Francisco Bay Bridge in fog in 2007, spilling 200,000 litres of bunkers. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/358096/cosco-busan-owner-sued Fri, 17 Apr 2015 11:06:15 +0000 casualties ‘A roaring start’ http://www.tradewindsnews.com/gas/358099/a-roaring-start Andreas Sohmen-Pao has praised BW LPG’s success in its first full year as a public company as it emerged the shipowner is working towards another Oslo listing. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/358099/a-roaring-start Fri, 17 Apr 2015 10:51:56 +0000 gas GOS adds PSV http://www.tradewindsnews.com/offshore/358100/gos-adds-psv India’s Global Offshore Services has added one platform supply vessel (PSV) to its tally. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/358100/gos-adds-psv Fri, 17 Apr 2015 10:46:34 +0000 offshore PD prosecuted http://www.tradewindsnews.com/casualties/358092/pd-prosecuted PD Ports of the UK is being prosecuted over the death of a worker in a fall on a Japanese bulker. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/358092/pd-prosecuted Fri, 17 Apr 2015 10:18:06 +0000 casualties Hapag launches US route http://www.tradewindsnews.com/liner/358097/hapag-launches-us-route Germany’s Hapag-Lloyd will introduce its tenth service from north Europe to north America at the end of April. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/358097/hapag-launches-us-route Fri, 17 Apr 2015 10:16:50 +0000 liner Economou grows tanker fleet http://www.tradewindsnews.com/shipsales/358088/economou-grows-tanker-fleet George Economou is addressing one of the hurdles he faced when looking to list a tanker fleet by continuing to build a substantial private platform in the crude sector. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/358088/economou-grows-tanker-fleet Fri, 17 Apr 2015 09:45:48 +0000 shipsales Ferry fire contained http://www.tradewindsnews.com/casualties/358080/ferry-fire-contained A blaze on a passenger vessel has been contained at a Philippines shipyard. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/358080/ferry-fire-contained Fri, 17 Apr 2015 09:39:35 +0000 casualties Last chance for boxships http://www.tradewindsnews.com/liner/358089/last-chance-for-boxships Arun Kumar Gupta, chairman of Shipping Corporation of India (SCI), is giving the company's liner unit six months to return to the black. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/358089/last-chance-for-boxships Fri, 17 Apr 2015 09:29:45 +0000 liner KfW increases lending http://www.tradewindsnews.com/finance/358086/kfw-increases-lending KfW IPEX-Bank has added EUR 1.3bn ($1.4bn) to its shipping book through a state-backed financing scheme. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/358086/kfw-increases-lending Fri, 17 Apr 2015 08:54:22 +0000 finance Allianz cuts Hoegh holding http://www.tradewindsnews.com/finance/358082/allianz-cuts-hoegh-holding One of the largest shareholders in Hoegh LNG has trimmed its holding in the Oslo-listed shipowner. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/358082/allianz-cuts-hoegh-holding Fri, 17 Apr 2015 08:52:55 +0000 finance Brenner buys Euroseas stake http://www.tradewindsnews.com/finance/358083/brenner-buys-euroseas-stake Fred Brenner has emerged as a major investor in Aristides Pittas backed Euroseas. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/358083/brenner-buys-euroseas-stake Fri, 17 Apr 2015 08:19:40 +0000 finance Rejig at Pan Ocean http://www.tradewindsnews.com/drycargo/358085/rejig-at-pan-ocean Korea's Pan Ocean is preparing to change the terms of its court rehabilitation plan. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/358085/rejig-at-pan-ocean Fri, 17 Apr 2015 08:14:38 +0000 drycargo Ugly rumours? http://www.tradewindsnews.com/andalso/358050/ugly-rumours Are bulker owners being conned by brokers in Singapore and can Petrobras charterers avoid jail? gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/andalso/358050/ugly-rumours Fri, 17 Apr 2015 08:02:42 +0000 andalso Where's the money? http://www.tradewindsnews.com/shipsales/358077/wheres-the-money Russia has launched a criminal investigation into alleged embezzlement during the construction of its new flagship Far East shipyard. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/358077/wheres-the-money Fri, 17 Apr 2015 07:27:57 +0000 shipsales Fortescue ups exports http://www.tradewindsnews.com/drycargo/358076/fortescue-ups-exports Bulkers have received a much-needed boost as Australian miner Fortescue Metals ramps up production. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/358076/fortescue-ups-exports Fri, 17 Apr 2015 07:01:13 +0000 drycargo Liner reliability improves http://www.tradewindsnews.com/liner/358074/liner-reliability-improves Liner shipping service reliability across the three core East-West trades is said to have hit a five-month peak in March. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/358074/liner-reliability-improves Fri, 17 Apr 2015 06:41:55 +0000 liner OSK buys design house http://www.tradewindsnews.com/shipsales/358071/osk-buys-design-house Danish ship designer OSK-ShipTech has bought domestic rival Jorgen Petersen to strengthen its position. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/358071/osk-buys-design-house Fri, 17 Apr 2015 06:33:35 +0000 shipsales Milford Haven profit steady http://www.tradewindsnews.com/finance/358070/milford-haven-profit-steady The UK Port of Milford Haven has reported a full-year net profit of £3.4m ($5.1m), slightly down on the £3.5m in 2013. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/358070/milford-haven-profit-steady Fri, 17 Apr 2015 06:06:03 +0000 finance US in Libya clampdown http://www.tradewindsnews.com/tankers/358066/us-in-libya-clampdown The US is to impose new conditions of entry on ships arriving from all ports in Libya, the US Coast Guard (USCG) has confirmed. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/tankers/358066/us-in-libya-clampdown Fri, 17 Apr 2015 03:06:12 +0000 tankers Bunkers up, boxes down http://www.tradewindsnews.com/liner/358062/bunkers-up-boxes-down Singapore has reported mixed numbers for its bunker industry and container terminals last month, official figures show. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/358062/bunkers-up-boxes-down Fri, 17 Apr 2015 01:53:50 +0000 liner Ridgway takes BP bow http://www.tradewindsnews.com/tankers/358060/ridgway-takes-bp-bow BP chief executive Bob Dudley paid tribute to retiring shipping boss John Ridgway at the oil major’s annual general meeting today. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/358060/ridgway-takes-bp-bow Thu, 16 Apr 2015 16:10:16 +0000 tankers Capital could bag $140m http://www.tradewindsnews.com/finance/358053/capital-could-bag-usd-140m Capital Product Partners could rake in over $140m from its latest call on investors if its fund raiser goes to plan. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/358053/capital-could-bag-usd-140m Thu, 16 Apr 2015 14:26:50 +0000 finance Jacobsen in at Evergas http://www.tradewindsnews.com/gas/358049/jacobsen-in-at-evergas Ex-Maersk man Steffen Jacobsen will be the new CEO of Denmark’s Evergas following the transfer of Martin Ackermann to BW LPG. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/gas/358049/jacobsen-in-at-evergas Thu, 16 Apr 2015 14:08:38 +0000 gas Yemen delays hit ships http://www.tradewindsnews.com/liner/358047/yemen-delays-hit-ships Ships operated by Rickmers and Helikon Shipping are among those to have suffered delays as a result of the conflict in Yemen. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/358047/yemen-delays-hit-ships Thu, 16 Apr 2015 14:05:10 +0000 liner NAO pushes back PSVs http://www.tradewindsnews.com/offshore/358051/nao-pushes-back-psvs Nordic American Offshore (NAO) has postponed delivery of two platform supply vessels (PSVs) in a dire offshore market. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/358051/nao-pushes-back-psvs Thu, 16 Apr 2015 13:28:49 +0000 offshore Navios fixes trio http://www.tradewindsnews.com/tankers/358045/navios-fixes-trio Navios Maritime Acquisition has secured 12-month contracts at firm daily rates for one VLCC and two MR2s. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/358045/navios-fixes-trio Thu, 16 Apr 2015 13:17:27 +0000 tankers Sewol to be raised http://www.tradewindsnews.com/casualties/358041/sewol-to-be-raised South Korea’s president has promised to raise the Sewol ferry one year after the disaster which claimed the lives of 304 people. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/358041/sewol-to-be-raised Thu, 16 Apr 2015 12:26:51 +0000 casualties Bulker released http://www.tradewindsnews.com/drycargo/358039/bulker-released Singaporean bulker player Mercator Lines’ oldest panamax has been freed from arrest after the company deposited a court security. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/358039/bulker-released Thu, 16 Apr 2015 11:27:02 +0000 drycargo Keppel makes less in Q1 http://www.tradewindsnews.com/offshore/358040/keppel-makes-less-in-q1 Keppel Corp has seen its first quarter profit take a 5% hit on the back of lower revenue, but the company’s orderbook still remained strong. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/358040/keppel-makes-less-in-q1 Thu, 16 Apr 2015 11:16:00 +0000 offshore HMM plots $550m sale http://www.tradewindsnews.com/drycargo/358038/hmm-plots-usd-550m-sale Taiwanese securities house Yuanta has entered into negotiations to acquire the bulk carrier unit of Hyundai Merchant Marine (HMM) alongside a few terminals. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/358038/hmm-plots-usd-550m-sale Thu, 16 Apr 2015 10:42:43 +0000 drycargo First Steamship stronger http://www.tradewindsnews.com/drycargo/358037/first-steamship-stronger First Steamship has benefited from higher revenue and lower finance costs to push up 2014 profit. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/358037/first-steamship-stronger Thu, 16 Apr 2015 10:41:39 +0000 drycargo Cyber solution? http://www.tradewindsnews.com/finance/358030/cyber-solution A consortium of international shipping associations is drawing up guidelines to tackle cyber security issues faced by the industry. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/358030/cyber-solution Thu, 16 Apr 2015 09:53:05 +0000 finance Penguin settles suit http://www.tradewindsnews.com/shipsales/358034/penguin-settles-suit Singapore shipbuilder Penguin International has reached an out-of-court deal after a four-year legal battle with Wartsila Ship Design Norway over a cancelled contract. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/358034/penguin-settles-suit Thu, 16 Apr 2015 09:39:04 +0000 shipsales Antares cools sales talk http://www.tradewindsnews.com/shipsales/358035/antares-cools-sales-talk Greek owner Antares Shipmanagement has dismissed market reports it has shed its largest ship. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/358035/antares-cools-sales-talk Thu, 16 Apr 2015 09:34:03 +0000 shipsales Zhongchang seals loan http://www.tradewindsnews.com/finance/358031/zhongchang-seals-loan Chinese bulker owner Zhongchang Marine is tapping a domestic lender for a short-term loan of CNY 300m ($48.43m). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/358031/zhongchang-seals-loan Thu, 16 Apr 2015 09:13:09 +0000 finance Three die in Antwerp http://www.tradewindsnews.com/casualties/358029/three-die-in-antwerp Three dockworkers have died at the port of Antwerp while unloading coal from a docked open-hatch carrier on Saturday. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/358029/three-die-in-antwerp Thu, 16 Apr 2015 09:12:07 +0000 casualties ABG seeks cash http://www.tradewindsnews.com/shipsales/358028/abg-seeks-cash India’s loss-making ABG Shipyard has confirmed it is looking for investors to boost its finances. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/358028/abg-seeks-cash Thu, 16 Apr 2015 08:55:00 +0000 shipsales Backlog fall spells peril http://www.tradewindsnews.com/shipsales/358022/backlog-fall-spells-peril Redundancies could hit Norwegian yard workers as the country's orderbook falls. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/358022/backlog-fall-spells-peril Thu, 16 Apr 2015 07:17:21 +0000 shipsales EMAS wins $55m of work http://www.tradewindsnews.com/offshore/358018/emas-wins-usd-55m-of-work Ezra Holding's EMAS AMC has won new subsea contracts worth $55m. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/358018/emas-wins-usd-55m-of-work Thu, 16 Apr 2015 06:38:24 +0000 offshore Five crew missing http://www.tradewindsnews.com/casualties/358015/five-crew-missing Five seafarers are missing after their cargoship capsized off Shanghai. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/358015/five-crew-missing Thu, 16 Apr 2015 06:23:46 +0000 casualties Steer clear of Yemen http://www.tradewindsnews.com/casualties/358014/steer-clear-of-yemen Singapore flagged ships have been advised against calling at ports in Yemen due to the deteriorating situation in the country. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/358014/steer-clear-of-yemen Thu, 16 Apr 2015 05:56:34 +0000 casualties Saade gets a gong http://www.tradewindsnews.com/liner/358013/saade-gets-a-gong Jacques Saade has received one of France’s highest honours for his work in establishing CMA CGM, the shipowner has confirmed. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/358013/saade-gets-a-gong Thu, 16 Apr 2015 05:03:23 +0000 liner Skuld re-jigs Greek office http://www.tradewindsnews.com/andalso/358008/skuld-re-jigs-greek-office Skuld has named Kjell-Ake Augustsson as the new head of its marine insurance operation in Greece. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/andalso/358008/skuld-re-jigs-greek-office Thu, 16 Apr 2015 03:16:06 +0000 andalso PIL has eyes on Brazil http://www.tradewindsnews.com/liner/358002/pil-has-eyes-on-brazil Pacific International Lines (PIL) is reorganising its services from the Far East to the east coast of South America. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/358002/pil-has-eyes-on-brazil Thu, 16 Apr 2015 01:13:43 +0000 liner Capital plans fundraiser http://www.tradewindsnews.com/finance/358001/capital-plans-fundraiser Capital Product Partners is looking to raise fresh funds to pay down debt facilities, the company disclosed late Wednesday. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/358001/capital-plans-fundraiser Wed, 15 Apr 2015 23:49:03 +0000 finance Royal adds to Oz fleet http://www.tradewindsnews.com/liner/357999/royal-adds-to-oz-fleet Royal Caribbean International is adding one of its giant newbuildings to its fleet serving the Australian market, the cruise line said. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/liner/357999/royal-adds-to-oz-fleet Wed, 15 Apr 2015 20:34:50 +0000 liner Fednav inks ballast deal http://www.tradewindsnews.com/drycargo/357993/fednav-inks-ballast-deal Fednav has invested in 12 ballast water treatment systems for its newbuildings at Oshima Shipbuilding, a decision that the shipowner says comes well before the regulatory mandate for the equipment. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/drycargo/357993/fednav-inks-ballast-deal Wed, 15 Apr 2015 20:04:41 +0000 drycargo Princess ups Oz fleet http://www.tradewindsnews.com/liner/357864/princess-ups-oz-fleet Princess Cruises is boosting its fleet homeported in Australia by 20% by sending a fifth ship to the country for the 2016-2017 season. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/liner/357864/princess-ups-oz-fleet Wed, 15 Apr 2015 17:51:38 +0000 liner Glencore adds another http://www.tradewindsnews.com/drycargo/357849/glencore-adds-another Glencore has added a panamax bulker to its period fleet to continue a busy time for the company’s shipping desk. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/357849/glencore-adds-another Wed, 15 Apr 2015 16:31:43 +0000 drycargo Toisa books two http://www.tradewindsnews.com/offshore/357857/toisa-books-two Gregory Callimanopulos-controlled Toisa has plumped for a new facility, Qingdao Wuchuan Heavy Industry Co. (QWHI) to place an order for two DP2 multipurpose offshore construction and ROV support vessels. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/offshore/357857/toisa-books-two Wed, 15 Apr 2015 16:07:36 +0000 offshore Monsoon set to return http://www.tradewindsnews.com/gas/357851/monsoon-set-to-return Avance Gas believes a new VLGC dry docked after a technical problem will be back in action within a month. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/357851/monsoon-set-to-return Wed, 15 Apr 2015 15:01:05 +0000 gas Two dead at Changxing http://www.tradewindsnews.com/casualties/357850/two-dead-at-changxing Two workers have died after a crane fell at Changxing Shipyard in Shanghai, China, on Wednesday. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/357850/two-dead-at-changxing Wed, 15 Apr 2015 14:38:50 +0000 casualties DryShips to defend listing http://www.tradewindsnews.com/finance/357852/dryships-to-defend-listing DryShips is mulling a reverse stock split in order to maintain its status on the Nasdaq Stock Exchange. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/357852/dryships-to-defend-listing Wed, 15 Apr 2015 14:28:46 +0000 finance Vard goes in-house http://www.tradewindsnews.com/shipsales/357848/vard-goes-in-house Vard Holdings has set up a new company to service its shipyards. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/357848/vard-goes-in-house Wed, 15 Apr 2015 13:59:49 +0000 shipsales Desperate times http://www.tradewindsnews.com/offshore/357844/desperate-times Norwegian supply ship owners changing flags to counteract dire North Sea spot market. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/357844/desperate-times Wed, 15 Apr 2015 13:07:43 +0000 offshore Piraeus saga continues http://www.tradewindsnews.com/finance/357843/piraeus-saga-continues A Greek government official has said the country’s ports are not for sale, adding to the uncertainty already surrounding the privatisation of Piraeus. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/357843/piraeus-saga-continues Wed, 15 Apr 2015 12:57:47 +0000 finance Sevan plots way forward http://www.tradewindsnews.com/offshore/357842/sevan-plots-way-forward Oslo-listed Sevan Marine is considering its options in a strategic review designed to exploit its full potential. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/357842/sevan-plots-way-forward Wed, 15 Apr 2015 12:47:54 +0000 offshore New Zim pledges profit http://www.tradewindsnews.com/liner/357841/new-zim-pledges-profit Israeli container line Zim will make a profit in 2015 – its first for eight years. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/357841/new-zim-pledges-profit Wed, 15 Apr 2015 11:50:59 +0000 liner Clarksons onto FTSE 250 http://www.tradewindsnews.com/finance/357833/clarksons-onto-ftse-250 Clarksons has been promoted to the FTSE 250 index on the London Stock Exchange. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/357833/clarksons-onto-ftse-250 Wed, 15 Apr 2015 09:30:33 +0000 finance Tanker blast kills four http://www.tradewindsnews.com/casualties/357838/tanker-blast-kills-four An explosion on a Pertamina tanker has left four shipyard workers dead in Indonesia. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/357838/tanker-blast-kills-four Wed, 15 Apr 2015 09:00:28 +0000 casualties Hong Kong reduces emissions http://www.tradewindsnews.com/tankers/357837/hong-kong-reduces-emissions Vessels berthing at Hong Kong will have to use low-sulphur fuel after the local legislative council approved air pollution control regulations. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/357837/hong-kong-reduces-emissions Wed, 15 Apr 2015 08:58:43 +0000 tankers Meyer Werft takes control http://www.tradewindsnews.com/shipsales/357836/meyer-werft-takes-control Germany’s Meyer Werft has taken full control of its Turku shipyard in Finland. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/357836/meyer-werft-takes-control Wed, 15 Apr 2015 08:49:01 +0000 shipsales Bond bridge crossed http://www.tradewindsnews.com/tankers/357835/bond-bridge-crossed John Fredriksen’s Frontline today confirmed it has cleared up any issues surrounding a convertible bond. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/357835/bond-bridge-crossed Wed, 15 Apr 2015 08:48:54 +0000 tankers NWS increases profit http://www.tradewindsnews.com/drycargo/357830/nws-increases-profit Russia's North-Western Shipping (NWS) has boosted its profit for 2014 as revenue rose. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/357830/nws-increases-profit Wed, 15 Apr 2015 07:24:46 +0000 drycargo WB culls panamax unit http://www.tradewindsnews.com/drycargo/357831/wb-culls-panamax-unit Western Bulk is set to close its panamax bulker unit, the Oslo-listed shipowner confirmed Wednesday. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/357831/wb-culls-panamax-unit Wed, 15 Apr 2015 06:52:18 +0000 drycargo Eimskip lands loans http://www.tradewindsnews.com/finance/357828/eimskip-lands-loans Icelandic container line Eimskip has agreed financing worth up to EUR 22m ($23.41m) to expand its cold storage capacity. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/357828/eimskip-lands-loans Wed, 15 Apr 2015 06:43:10 +0000 finance Ore export plan halted http://www.tradewindsnews.com/drycargo/357827/ore-export-plan-halted Canada's Nunavut Planning Commission has turned down an exporter's bid to expand shipping operations from the Mary River project on Baffin Island. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/357827/ore-export-plan-halted Wed, 15 Apr 2015 06:25:06 +0000 drycargo Swiber’s Indian hat trick http://www.tradewindsnews.com/offshore/357823/swibers-indian-hat-trick Swiber Holdings has secured another engineering, procurement, installation and construction (EPIC) contract in India. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/357823/swibers-indian-hat-trick Wed, 15 Apr 2015 01:34:25 +0000 offshore GTT starts strongly http://www.tradewindsnews.com/gas/357822/gtt-starts-strongly GTT is reporting a ‘strong start to 2015’ despite first quarter revenues declining 7.5% to EUR 54.7m ($58m). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/357822/gtt-starts-strongly Wed, 15 Apr 2015 00:29:06 +0000 gas Box Ships doubts remain http://www.tradewindsnews.com/liner/357816/box-ships-doubts-remain Auditors have included a “going concern” statement in Box Ships’ annual report for the second consecutive year but the company believes it will overcome the financial uncertainties. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/liner/357816/box-ships-doubts-remain Tue, 14 Apr 2015 22:29:46 +0000 liner