www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com Jansen joins Deutsche Bank http://www.tradewindsnews.com/finance/363320/jansen-joins-deutsche-bank Germany's biggest bank has hired Richard Jansen to help broaden the scope of complex finance deals it can offer clients in shipping and offshore sectors. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363320/jansen-joins-deutsche-bank Wed, 01 Jul 2015 15:03:32 +0000 finance Silversea behind order http://www.tradewindsnews.com/liner/363318/silversea-behind-order Italian shipbuilder Fincantieri has revealed that Silversea Cruises is behind a luxury vessel ordered last year. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/363318/silversea-behind-order Wed, 01 Jul 2015 14:38:12 +0000 liner Great Harvest loss balloons http://www.tradewindsnews.com/drycargo/363314/great-harvest-loss-balloons A “very difficult year” has seen Hong Kong bulker owner Great Harvest post a net loss of $37.4m in the 12 months to 31 March. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/363314/great-harvest-loss-balloons Wed, 01 Jul 2015 14:15:30 +0000 drycargo Jensen steps in http://www.tradewindsnews.com/drycargo/363316/jensen-steps-in Clipper Group has given the chief executive role to chairman of the board Frank Jensen, as it wanted a Denmark-based boss. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/363316/jensen-steps-in Wed, 01 Jul 2015 14:14:23 +0000 drycargo Confidence low http://www.tradewindsnews.com/finance/363305/confidence-low Confidence in the shipping industry has reached a seven-year low during the three months to May, Moore Stephens says. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/363305/confidence-low Wed, 01 Jul 2015 13:57:13 +0000 finance Torm sees the positives http://www.tradewindsnews.com/tankers/363315/torm-sees-the-positives Danish owner’s restructuring scheme approved in UK court as it predicts EBITDA of up to $100m in first half. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/363315/torm-sees-the-positives Wed, 01 Jul 2015 13:22:45 +0000 tankers Cosco banks $638m subsidy http://www.tradewindsnews.com/shipsales/363313/cosco-banks-usd-638m-subsidy China Cosco Holdings Co (CCHC) has banked CNY 3.96bn ($638m) from a state ship-scrapping subsidy scheme. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/363313/cosco-banks-usd-638m-subsidy Wed, 01 Jul 2015 12:30:59 +0000 shipsales Bunge wins GAFTA appeal http://www.tradewindsnews.com/drycargo/363309/bunge-wins-gafta-appeal The UK’s Supreme Court has ruled in favour of trader Bunge in a row over a cancelled contract for a cargo of Russian wheat. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/363309/bunge-wins-gafta-appeal Wed, 01 Jul 2015 11:06:29 +0000 drycargo Awilco finds buyer http://www.tradewindsnews.com/shipsales/363307/awilco-finds-buyer Awilco LNG has found a buyer for one of its three Moss-type LNG carriers at a loss of $3m. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/363307/awilco-finds-buyer Wed, 01 Jul 2015 10:38:34 +0000 shipsales TUI adds two more http://www.tradewindsnews.com/shipsales/363308/tui-adds-two-more Germany’s TUI Cruises has declared options for two more cruiseships at Meyer Turku in Finland. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/363308/tui-adds-two-more Wed, 01 Jul 2015 10:20:36 +0000 shipsales Subsea owners form JV http://www.tradewindsnews.com/offshore/363304/subsea-owners-form-jv Norway’s Reach Subsea and Sweden’s MMT are forming a joint venture for survey services. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/363304/subsea-owners-form-jv Wed, 01 Jul 2015 10:05:13 +0000 offshore Cameroon closer for Golar http://www.tradewindsnews.com/gas/363298/cameroon-closer-for-golar Golar LNG is hoping to see its natural gas export project plans in Cameroon finalised in the third quarter. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/gas/363298/cameroon-closer-for-golar Wed, 01 Jul 2015 09:23:29 +0000 gas Box trio team up http://www.tradewindsnews.com/liner/363303/box-trio-team-up A trio of Asian container lines are launching a new run to Central and South America. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/363303/box-trio-team-up Wed, 01 Jul 2015 09:13:42 +0000 liner Havyard snaps up order http://www.tradewindsnews.com/offshore/363296/havyard-snaps-up-order Norway’s Havyard has won an order for the construction of a subsea vessel that will cost around NOK 700m ($88.9m). n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/363296/havyard-snaps-up-order Wed, 01 Jul 2015 09:03:35 +0000 offshore Exmar shares soar http://www.tradewindsnews.com/gas/363301/exmar-shares-soar Stock enjoys biggest boost for five years as owner surprises market with Fredriksen gas tie-up. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/363301/exmar-shares-soar Wed, 01 Jul 2015 08:58:41 +0000 gas Siem extends charter http://www.tradewindsnews.com/offshore/363297/siem-extends-charter Siem Offshore has stretched the deal for one of its veteran scientific research vessels as it won approval for its new finance plan. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/363297/siem-extends-charter Wed, 01 Jul 2015 08:46:21 +0000 offshore Skaugen sells out http://www.tradewindsnews.com/shipsales/363293/skaugen-sells-out Norway's IM Skaugen (IMSK) is selling its SPT lightering operation to its partner Teekay. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/363293/skaugen-sells-out Wed, 01 Jul 2015 07:24:52 +0000 shipsales Feringa quits Stolt http://www.tradewindsnews.com/tankers/363294/feringa-quits-stolt Hans Feringa has quit Stolt Tankers to become chief executive of Team Tankers, better known as the former Eitzen Chemical. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/tankers/363294/feringa-quits-stolt Wed, 01 Jul 2015 07:22:43 +0000 tankers Shell's $4.7bn splash http://www.tradewindsnews.com/gas/363292/shells-usd-47bn-splash South Korea's Samsung Heavy Industries has scooped a big new order for floating LNG (FLNG) units from Shell. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/363292/shells-usd-47bn-splash Wed, 01 Jul 2015 06:33:53 +0000 gas Exmar LNG is born http://www.tradewindsnews.com/gas/363289/exmar-lng-is-born Nicolas Saverys-led Exmar is tying up with John Fredriksen’s Geveran Trading Co and Flex LNG to form a new $2.3bn Oslo-listed company with which to expand into the LNG infrastructure sector. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/363289/exmar-lng-is-born Wed, 01 Jul 2015 06:20:22 +0000 gas China handy scrap boost http://www.tradewindsnews.com/shipsales/363290/china-handy-scrap-boost The smaller bulker segments could be key beneficiaries of China’s recent decision to extend ship scrapping subsidies, a Greek broker predicts. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/shipsales/363290/china-handy-scrap-boost Wed, 01 Jul 2015 06:08:03 +0000 shipsales SSA opts for Poulsson http://www.tradewindsnews.com/andalso/363288/ssa-opts-for-poulsson The Singapore Shipping Association (SSA) has named Asian shipping veteran Esben Poulsson as its new president. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/andalso/363288/ssa-opts-for-poulsson Wed, 01 Jul 2015 05:19:29 +0000 andalso Statoil goes to Samsung http://www.tradewindsnews.com/offshore/363287/statoil-goes-to-samsung Statoil has awarded the last part of the newbuilding contract for the Johan Sverdrup offshore development to Samsung Heavy Industries. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/363287/statoil-goes-to-samsung Wed, 01 Jul 2015 02:42:06 +0000 offshore Star Bulk sees red http://www.tradewindsnews.com/drycargo/363286/star-bulk-sees-red Star Bulk Carriers has started the financial year in the red reporting a loss of $40.2m for the first quarter. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/363286/star-bulk-sees-red Wed, 01 Jul 2015 01:40:19 +0000 drycargo LA to improve terminals http://www.tradewindsnews.com/liner/363285/la-to-improve-terminals The Port of Los Angeles is poised to begin construction to improve facilities at the Yusen Terminals-operated container terminal. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/363285/la-to-improve-terminals Wed, 01 Jul 2015 00:36:35 +0000 liner Teekay hikes payout http://www.tradewindsnews.com/finance/363281/teekay-hikes-payout Teekay Corp swelled its payout to shareholders by 75% after selling a floating, production, storage and offloading (FPSO) to a daughter company. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/finance/363281/teekay-hikes-payout Tue, 30 Jun 2015 19:19:17 +0000 finance Teekay’s Knarr cash drive http://www.tradewindsnews.com/finance/363273/teekays-knarr-cash-drive Teekay Offshore Partners is poised to issue $550m in shares to help it purchase a floating production, storage and offloading unit (FPSO) from its parent. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/finance/363273/teekays-knarr-cash-drive Tue, 30 Jun 2015 18:09:42 +0000 finance Maersk takes precautions http://www.tradewindsnews.com/finance/363247/maersk-takes-precautions Maersk Line took precautionary measures and paid its employees in Greece slightly earlier in order to avoid the capital controls finally imposed by the government yesterday. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/363247/maersk-takes-precautions Tue, 30 Jun 2015 14:59:29 +0000 finance Handy deal for NewLead http://www.tradewindsnews.com/drycargo/363257/handy-deal-for-newlead Greece’s NewLead Holdings has fixed one of its eco-handysize bulkers on a charter of between two and four months. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/363257/handy-deal-for-newlead Tue, 30 Jun 2015 14:49:40 +0000 drycargo Navios fixes capesize http://www.tradewindsnews.com/drycargo/363258/navios-fixes-capesize Navios Maritime Partners has fixed one of its capesizes at a premium rate. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/363258/navios-fixes-capesize Tue, 30 Jun 2015 14:47:32 +0000 drycargo Petrobras slashes spending http://www.tradewindsnews.com/finance/363245/petrobras-slashes-spending Scandal-hit Brazilian oil and shipping group Petrobras has cut its five-year budget by 41%. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363245/petrobras-slashes-spending Tue, 30 Jun 2015 14:27:10 +0000 finance Economou seals $291m deal http://www.tradewindsnews.com/shipsales/363250/economou-seals-usd-291m-deal George Economou has completed a $291m deal to buy six tankers from DryShips. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/363250/economou-seals-usd-291m-deal Tue, 30 Jun 2015 13:53:06 +0000 shipsales CMA CGM’s $1bn deal http://www.tradewindsnews.com/finance/363246/cma-cgms-usd-1bn-deal French container line CMA CGM is to sign a $1bn new financing deal with China Exim bank. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363246/cma-cgms-usd-1bn-deal Tue, 30 Jun 2015 13:26:08 +0000 finance Lim new IMO head http://www.tradewindsnews.com/andalso/363239/lim-new-imo-head South Korean diplomat Lim Ki-Tack has won the election to lead the International Maritime Organisation (IMO) from January for a four-year term. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/andalso/363239/lim-new-imo-head Tue, 30 Jun 2015 13:11:56 +0000 andalso HHI closes on orders http://www.tradewindsnews.com/shipsales/363241/hhi-closes-on-orders Korean shipbuilder Hyundai Heavy Industries (HHI) could be about to book a series of newbuildings including VLCCs. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/363241/hhi-closes-on-orders Tue, 30 Jun 2015 12:38:28 +0000 shipsales CSDC orders quartet http://www.tradewindsnews.com/tankers/363244/csdc-orders-quartet China Shipping Development (CSDC) has placed an order for four newbuildings at Guangzhou Shipyard International (GSI). n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/363244/csdc-orders-quartet Tue, 30 Jun 2015 12:15:48 +0000 tankers Arsenal neutralised http://www.tradewindsnews.com/andalso/363231/arsenal-neutralised VIDEO: Watch how MARAD’s ro-ro destroyed chemical weapons at sea. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/andalso/363231/arsenal-neutralised Tue, 30 Jun 2015 11:59:08 +0000 andalso Edelweiss buying more http://www.tradewindsnews.com/finance/363237/edelweiss-buying-more Bharati Shipyard creditor Edelweiss Asset Reconstruction is poised to snap up a further 15% of the loss-making shipbuilder’s debt. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363237/edelweiss-buying-more Tue, 30 Jun 2015 10:47:04 +0000 finance Siem-Daya deal approved http://www.tradewindsnews.com/offshore/363236/siem-daya-deal-approved Siem Offshore has seen an agreement for the sale of an offshore subsea vessel to Daya Material approved by the latter’s shareholders. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/363236/siem-daya-deal-approved Tue, 30 Jun 2015 10:30:33 +0000 offshore NYK admits collusion http://www.tradewindsnews.com/liner/363238/nyk-admits-collusion South Africa has fined Japan’s NYK for collaborating on car carrier contracts with competitors. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/363238/nyk-admits-collusion Tue, 30 Jun 2015 10:27:30 +0000 liner Tug/barge fleet for sale http://www.tradewindsnews.com/shipsales/363235/tugbarge-fleet-for-sale Russian broker Nova Shipping is seeking a buyer for up to six tug/barge units. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/363235/tugbarge-fleet-for-sale Tue, 30 Jun 2015 09:50:44 +0000 shipsales SeaZip finds work http://www.tradewindsnews.com/offshore/363230/seazip-finds-work Dutch owner SeaZip Offshore Service has found period employment for its new fast crew supplier. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/363230/seazip-finds-work Tue, 30 Jun 2015 09:46:49 +0000 offshore Premuda strikes debt deal http://www.tradewindsnews.com/finance/363229/premuda-strikes-debt-deal Italian bulker and tanker owner Premuda has agreed in principal a restructuring agreement with its financiers. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363229/premuda-strikes-debt-deal Tue, 30 Jun 2015 09:17:05 +0000 finance Rig headache for owners http://www.tradewindsnews.com/incoming/363228/rig-headache-for-owners North Sea offshore vessel demand is being hit by a number of rigs being laid up or coming to the end of their contracts. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/incoming/363228/rig-headache-for-owners Tue, 30 Jun 2015 09:06:04 +0000 ece_incoming LPGC and boxship collide http://www.tradewindsnews.com/casualties/363224/lpgc-and-boxship-collide An LPG tanker has collided with a containership off the port of Tanjung Perak in Surabaya, Indonesia. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/363224/lpgc-and-boxship-collide Tue, 30 Jun 2015 08:53:54 +0000 casualties Cement carrier aground http://www.tradewindsnews.com/casualties/363220/cement-carrier-aground A veteran cement carrier has reportedly taken on water after running aground off Sweden on Monday night. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/363220/cement-carrier-aground Tue, 30 Jun 2015 07:28:20 +0000 casualties Otto Marine claim cut http://www.tradewindsnews.com/offshore/363219/otto-marine-claim-cut A claim for compensation against Otto Marine in a vessel financing row has been reduced. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/363219/otto-marine-claim-cut Tue, 30 Jun 2015 06:31:02 +0000 offshore Calais shut again http://www.tradewindsnews.com/liner/363218/calais-shut-again Ferry services between Dover and Calais were cancelled again on Tuesday as MyFerryLink workers blockaded the French port. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/363218/calais-shut-again Tue, 30 Jun 2015 06:18:49 +0000 liner Tallink finances ferry http://www.tradewindsnews.com/finance/363217/tallink-finances-ferry Tallink Group, the Finnish ferry operator, has secured funding for its new LNG powered fast ferry newbuilding. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/363217/tallink-finances-ferry Tue, 30 Jun 2015 05:52:15 +0000 finance Grexit fallout limited http://www.tradewindsnews.com/finance/363216/grexit-fallout-limited Greek shipowners remain unaffected regardless of any development in their domestic economy, according to Morgan Stanley. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/363216/grexit-fallout-limited Tue, 30 Jun 2015 03:41:52 +0000 finance CHO wins charter dispute http://www.tradewindsnews.com/offshore/363215/cho-wins-charter-dispute CH Offshore has successfully recovered $60m of outstanding charter hire in a dispute with Venezuelan oil major PDVSA. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/363215/cho-wins-charter-dispute Tue, 30 Jun 2015 03:09:18 +0000 offshore GSL secures higher rate http://www.tradewindsnews.com/liner/363214/gsl-secures-higher-rate Global Ship Lease (GSL) has extended a second containership time charter with Sea Consortium's X-Press Feeders. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/363214/gsl-secures-higher-rate Tue, 30 Jun 2015 01:45:22 +0000 liner Logger back on the block http://www.tradewindsnews.com/drycargo/363213/logger-back-on-the-block A South Korean-owned bulker which failed to find a buyer at an auction in Singapore last week is set to go under the hammer again. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/363213/logger-back-on-the-block Tue, 30 Jun 2015 00:36:48 +0000 drycargo Mercator’s plan approved http://www.tradewindsnews.com/finance/363209/mercators-plan-approved Mercator Lines has been given the green light to move forward with its share consolidation by the Singapore stock exchange. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/363209/mercators-plan-approved Mon, 29 Jun 2015 15:03:13 +0000 finance Major Miner move over http://www.tradewindsnews.com/casualties/363208/major-miner-move-over The last piece of the wrecked bulker Miner has been removed from Canada’s Scaterie Island. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/363208/major-miner-move-over Mon, 29 Jun 2015 14:54:12 +0000 casualties US stocks go red http://www.tradewindsnews.com/finance/363210/us-stocks-go-red The share prices of Greek shipping companies trading in the US have taken a hit in early trading on Monday. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/363210/us-stocks-go-red Mon, 29 Jun 2015 14:19:35 +0000 finance Cosco target raised http://www.tradewindsnews.com/drycargo/363205/cosco-target-raised Barclays Research has hiked its price target for China Cosco Holdings Co (CCHC) due to its central role in the country’s imports. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/363205/cosco-target-raised Mon, 29 Jun 2015 13:55:24 +0000 drycargo Juncker targets owners http://www.tradewindsnews.com/finance/363206/juncker-targets-owners European Commission president Jean-Claude Juncker openly admitted on Monday he has pressured the Greek government to increase shipping tax as part of a renegotiation of the country’s international bailout. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363206/juncker-targets-owners Mon, 29 Jun 2015 13:53:27 +0000 finance Bolivia eyes gas exports http://www.tradewindsnews.com/gas/363202/bolivia-eyes-gas-exports Bolivia has agreed a deal that could lay the foundations for gas exports to be shipped to Asia. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/363202/bolivia-eyes-gas-exports Mon, 29 Jun 2015 13:00:01 +0000 gas Collision probed http://www.tradewindsnews.com/casualties/363198/collision-probed An investigation has begun into the collision between a Scorpio tanker and a cruiseship on Saturday. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/363198/collision-probed Mon, 29 Jun 2015 11:13:37 +0000 casualties Indonesia’s $10bn yards? http://www.tradewindsnews.com/shipsales/363201/indonesias-usd-10bn-yards Five groups are ready to spend up to $9.6bn on four new shipyards in Indonesia. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/363201/indonesias-usd-10bn-yards Mon, 29 Jun 2015 10:42:21 +0000 shipsales LNG ferry pulled free http://www.tradewindsnews.com/casualties/363193/lng-ferry-pulled-free A gas-powered cargo ro-ro has been pulled free after grounding off Norway. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/363193/lng-ferry-pulled-free Mon, 29 Jun 2015 09:56:48 +0000 casualties All eyes on Greece http://www.tradewindsnews.com/finance/363190/all-eyes-on-greece Greece has shut its banks and imposed capital controls as the euro fell almost 2% against the dollar yesterday in Asian markets amid fears of a Greek debt default. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/363190/all-eyes-on-greece Mon, 29 Jun 2015 09:41:34 +0000 finance Aurora begins buyback http://www.tradewindsnews.com/gas/363192/aurora-begins-buyback LPG carrier owner Aurora LPG has kickstarted its share repurchase scheme with an outlay of NOK 16m ($2.03m). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/363192/aurora-begins-buyback Mon, 29 Jun 2015 09:15:31 +0000 gas BLT prepares plan http://www.tradewindsnews.com/tankers/363191/blt-prepares-plan Indonesia’s Berlian Laju Tanker (BLT) is to disclose its restructuring plan ahead of a shareholders meeting next month. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/363191/blt-prepares-plan Mon, 29 Jun 2015 09:00:35 +0000 tankers Amadeo I righted http://www.tradewindsnews.com/casualties/363187/amadeo-i-righted A capsized Chilean ro-ro has been brought upright nearly a year after it grounded. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/363187/amadeo-i-righted Mon, 29 Jun 2015 07:27:05 +0000 casualties Tank-barge captain jailed http://www.tradewindsnews.com/casualties/363186/tank-barge-captain-jailed The captain of a tank-barge that exploded in the US 10 years ago, killing one crewman, has been jailed for six months. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/363186/tank-barge-captain-jailed Mon, 29 Jun 2015 06:29:48 +0000 casualties Polarcus cashes in http://www.tradewindsnews.com/offshore/363185/polarcus-cashes-in Middle East shipowner Polarcus has sold seismic survey contracts in Europe and West Africa to TGS-NOPEC. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/363185/polarcus-cashes-in Mon, 29 Jun 2015 06:18:07 +0000 offshore Fredriksen offloads NOF http://www.tradewindsnews.com/offshore/363183/fredriksen-offloads-nof John Fredriken is selling drilling company Northern Offshore (NOF) to Chinese interests, the Oslo-listed company disclosed Monday. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/363183/fredriksen-offloads-nof Mon, 29 Jun 2015 05:13:40 +0000 offshore Skin in the game http://www.tradewindsnews.com/tankers/363179/skin-in-the-game John Tavlarios, chief operating officer of Gener8 Maritime, has shown his faith in the tanker owner by buying shares on its IPO debut. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/tankers/363179/skin-in-the-game Mon, 29 Jun 2015 03:30:15 +0000 tankers Otto Marine builds backlog http://www.tradewindsnews.com/offshore/363176/otto-marine-builds-backlog Otto Marine says it has secured new orders worth $131m in the second quarter of 2015, but details were few and far between. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/363176/otto-marine-builds-backlog Mon, 29 Jun 2015 02:57:28 +0000 offshore Statoil cancels rig charter http://www.tradewindsnews.com/offshore/363173/statoil-cancels-rig-charter Statoil has cancelled the charter of a semi-submersible drilling rig in the face of the continued depressed offshore market. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/363173/statoil-cancels-rig-charter Mon, 29 Jun 2015 00:45:17 +0000 offshore Great Amity refloated http://www.tradewindsnews.com/casualties/363172/great-amity-refloated A bulker that ran aground on Argentina's Parana River last week has been refloated over the weekend. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/363172/great-amity-refloated Sun, 28 Jun 2015 23:56:53 +0000 casualties Tanker and cruiseship collide http://www.tradewindsnews.com/casualties/363168/tanker-and-cruiseship-collide A Scorpio Tankers-owned vessel and a passengership collided in the Dardanelles straits in the early hours of Saturday morning. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/casualties/363168/tanker-and-cruiseship-collide Sat, 27 Jun 2015 12:38:32 +0000 casualties US demo law introduced http://www.tradewindsnews.com/drycargo/363152/us-demo-law-introduced A US congressman has introduced the Storis Act ship recycling bill in the House of Representatives, putting the proposal in both chambers of the US legislature. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/drycargo/363152/us-demo-law-introduced Fri, 26 Jun 2015 15:22:12 +0000 drycargo SALT fixes capesize http://www.tradewindsnews.com/drycargo/363155/salt-fixes-capesize New York-listed owner’s latest Korean newbuilding set for period charter from delivery next month. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/363155/salt-fixes-capesize Fri, 26 Jun 2015 15:15:53 +0000 drycargo Another for Navibulgar http://www.tradewindsnews.com/drycargo/363142/another-for-navibulgar Bulgaria's Navibulgar has snapped up its second Cosco-chartered bulker in two months as its fleet expansion continues. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/363142/another-for-navibulgar Fri, 26 Jun 2015 14:08:15 +0000 drycargo Rieber lands $226m http://www.tradewindsnews.com/offshore/363144/rieber-lands-usd-226m GC Rieber Shipping has refinanced existing loans for more than half of its fleet, securing savings of around $1m. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/363144/rieber-lands-usd-226m Fri, 26 Jun 2015 13:32:41 +0000 offshore 'Seize every opportunity' http://www.tradewindsnews.com/finance/363065/seize-every-opportunity New Norden chief executive Jan Rindbo says the company will “seize every opportunity it can” under his tenure. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/363065/seize-every-opportunity Fri, 26 Jun 2015 13:24:47 +0000 finance Far from break-even http://www.tradewindsnews.com/offshore/363140/far-from-break-even Owners are still considering laying up platform supply vessels (PSVs) as North Sea spot rates continue to struggle. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/363140/far-from-break-even Fri, 26 Jun 2015 12:38:13 +0000 offshore DNB boosts crude view http://www.tradewindsnews.com/tankers/363141/dnb-boosts-crude-view DNB Markets has raised its VLCC and suezmax rate expectations and suggested consensus earnings forecasts for tanker owners are set to be rewritten. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/363141/dnb-boosts-crude-view Fri, 26 Jun 2015 12:34:16 +0000 tankers Vyborg weaker in first http://www.tradewindsnews.com/finance/363133/vyborg-weaker-in-first Russia's Vyborg Shipyard has posted a bigger loss in the first quarter as revenue fell. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/363133/vyborg-weaker-in-first Fri, 26 Jun 2015 12:22:31 +0000 finance Yasa: 'No suezmax sale' http://www.tradewindsnews.com/shipsales/363118/yasa-no-suezmax-sale Yasa of Turkey has dismissed speculation that it is exiting the suezmax market with the sale of four vessels to a US owner. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/363118/yasa-no-suezmax-sale Fri, 26 Jun 2015 12:10:36 +0000 shipsales A decade in the dumps http://www.tradewindsnews.com/andalso/363134/a-decade-in-the-dumps We take a look at what was said in the markets over the past week. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/andalso/363134/a-decade-in-the-dumps Fri, 26 Jun 2015 12:03:53 +0000 andalso Smoke seen from cargoship http://www.tradewindsnews.com/casualties/363128/smoke-seen-from-cargoship A general cargoship had to return to the port of Aberdeen after smoke was seen coming out of its cargo hold last night. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/363128/smoke-seen-from-cargoship Fri, 26 Jun 2015 10:36:56 +0000 casualties Justice in a box http://www.tradewindsnews.com/andalso/363125/justice-in-a-box Australia's supreme court could sit in shipping containers until a new building is ready. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/andalso/363125/justice-in-a-box Fri, 26 Jun 2015 10:33:40 +0000 andalso Havila charters to Premier http://www.tradewindsnews.com/offshore/363123/havila-charters-to-premier Havila Shipping has found long-term employment for its only platform supply vessel (PSV) that was not under a contract. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/363123/havila-charters-to-premier Fri, 26 Jun 2015 10:05:00 +0000 offshore Sea Weasel under hammer http://www.tradewindsnews.com/offshore/363124/sea-weasel-under-hammer A former Deep Sea Supply anchor-handler under arrest in Singapore after a charter dispute is to be auctioned next month. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/363124/sea-weasel-under-hammer Fri, 26 Jun 2015 09:50:11 +0000 offshore Lorenzo at 10-year high http://www.tradewindsnews.com/liner/363122/lorenzo-at-10-year-high Philippines containership owner Lorenzo Shipping Corporation (LSC) has posted its best revenue for 10 years as profit rose in 2014. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/363122/lorenzo-at-10-year-high Fri, 26 Jun 2015 09:14:26 +0000 liner Seafarer injured on tanker http://www.tradewindsnews.com/casualties/363119/seafarer-injured-on-tanker India's coast guard has evacuated a crewman injured on a domestic tanker off Mumbai. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/363119/seafarer-injured-on-tanker Fri, 26 Jun 2015 08:52:42 +0000 casualties VLCCs ‘strongly undervalued’ http://www.tradewindsnews.com/tankers/363114/vlccs-strongly-undervalued UBS believes a run of modern VLCC sales at surprisingly low prices has the market spooked. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/363114/vlccs-strongly-undervalued Fri, 26 Jun 2015 08:52:17 +0000 tankers