RSS for TradeWinds

Allied lunges for lifeline

Aaron Kelley — Tue, 15 May 2012 17:38:03 GMT

Dimitris Marinis-backed operator says cash infusion will be the key to avoiding insolvency and restoring tarnished reputation.

Regulation fuels reality check

Aaron Kelley — Wed, 16 May 2012 20:01:12 GMT

Clarkson analyst says Indonesia’s efforts to curb mineral exports will hurt but may buoy bulker market in the long-term.

Evergreen inks alliance

Aaron Kelley — Wed, 16 May 2012 18:32:25 GMT

Four 3,000 TEU containerships dedicated to new West Africa rotation on the heels of freshly minted partnership.

Sanko stuck in limbo

Aaron Kelley — Wed, 16 May 2012 17:48:12 GMT

Seized bulker still in custody after Cobelfret helps troubled Japanese operator clear first hurdle in race to lift arrest.

Business as usual?

Aaron Kelley — Wed, 16 May 2012 16:18:59 GMT

Dockwise’s takeover target keeps its cool despite unwelcomed advances as it locks in juicy deal with John Fredriksen's Seadrill.

Nam Cheong looking hot

Jason O'Connell — Wed, 16 May 2012 13:12:36 GMT

Investors should be making eyes at Malaysian shipbuilder following “stellar” start, analyst says.

Wilson Sons curbed by costs

Jason O'Connell — Wed, 16 May 2012 15:54:31 GMT

Higher expenses carve into Brazilian diversified owner’s bottom line.

Pacific-Gulf in the hot seat

Aaron Kelley — Wed, 16 May 2012 15:20:54 GMT

Lebanese shipper races to seize US-flagged heavylift vessel following damage to gas turbine destined for Iraq.

Jebsen ship refloated

Gary Dixon — Wed, 16 May 2012 14:51:52 GMT

Malta Cement cleared to proceed after suffering small crack to hull in grounding off Sweden.

Zodiac eyes wind power

Dale Wainwright — Tue, 15 May 2012 00:27:38 GMT

Sammy Ofer Group Monaco company teams with Lloyd’s Register and Totempower in bid to improve fuel efficiency.

Novoship trial finally begins

Gary Dixon — Wed, 16 May 2012 14:06:15 GMT

Russian tanker owner’s $135m corruption case against former UK boss Vladimir Mikhaylyuk opens without main defendant, who is ill.

Maersk’s Andersen unhappy

Dale Wainwright — Wed, 16 May 2012 07:21:32 GMT

Danish giant’s first quarter results are largely in line with those of a year ago, but CEO “not satisfied”.

Hyundai Mipo slumps

Jason O'Connell — Wed, 16 May 2012 10:08:30 GMT

Korean shipbuilder falls short of market expectations in the first quarter.

FreeSeas deal to free cash

Jason O'Connell — Wed, 16 May 2012 09:02:21 GMT

Agreement with fund manager will allow Ion Varouxakis-led owner to raise funds via share sales.

Fairstar chokes on poison pill

Andy Pierce — Wed, 16 May 2012 08:35:14 GMT

Oslo-listed owner bats away “low ball” takeover bid and gives Dockwise a dressing down.

Ultrapetrol hit by drought

Jason O'Connell — Wed, 16 May 2012 11:16:39 GMT

Soybeans drain away South American owner’s profit as river levels fall but offshore shows promise.

Bulker hit by blaze

Gary Dixon — Tue, 15 May 2012 08:45:04 GMT

All crew now safe after flames tore through Indonesian vessel off Suralaya.

Northern hit by idle rigs

Dale Wainwright — Wed, 16 May 2012 07:58:02 GMT

John Fredriksen’s other drilling company reports a second quarter loss as it prepares rigs for new charters.

Box exit burns MISC again

Andy Pierce — Wed, 16 May 2012 07:55:17 GMT

Departure from container shipping arena drags Malaysian owner deeper into the red in the first quarter.

TTA improving, but still losing

Dale Wainwright — Wed, 16 May 2012 06:29:53 GMT

Thai shipowner was firmly in the red in the second quarter, but results were better than Q1 disaster.