www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com SALT’s Monarch feud resurfaces http://www.tradewindsnews.com/drycargo/365779/salts-monarch-feud-resurfaces Monarch Alternative Capital has continued a public campaign against management of Scorpio Bulkers (SALT) even as the company received mostly positive reviews from equity analysts following its second quarter report this week. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/365779/salts-monarch-feud-resurfaces Fri, 31 Jul 2015 15:53:35 +0000 drycargo Royal Caribbean shares fly http://www.tradewindsnews.com/finance/365802/royal-caribbean-shares-fly Royal Caribbean Cruises shares took flight on Friday following a strong quarterly report and bullish guidance from the shipowner. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365802/royal-caribbean-shares-fly Fri, 31 Jul 2015 15:50:44 +0000 finance Second quarter cheer http://www.tradewindsnews.com/finance/365803/second-quarter-cheer DNB Markets has initiated coverage of Gener8 Maritime with a buy rating on the tanker owner and above consensus expectations for its pending second quarter results. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365803/second-quarter-cheer Fri, 31 Jul 2015 15:10:54 +0000 finance Sorensen leaving Siem http://www.tradewindsnews.com/offshore/365804/sorensen-leaving-siem Terje Sorensen is set to leave Siem Offshore after a decade as chief executive of the offshore support vessel owner. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/offshore/365804/sorensen-leaving-siem Fri, 31 Jul 2015 14:37:07 +0000 offshore Diana’s loss in line http://www.tradewindsnews.com/drycargo/365797/dianas-loss-in-line Diana Shipping has reported a bigger loss for the second quarter, matching the expectations of the market. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/365797/dianas-loss-in-line Fri, 31 Jul 2015 12:57:33 +0000 drycargo RCCL on growth track http://www.tradewindsnews.com/finance/365793/rccl-on-growth-track Royal Caribbean Cruises Ltd (RCCL) has taken another step towards doubling its earnings per share by 2017 as it reported a 26% increase in second quarter profit. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365793/rccl-on-growth-track Fri, 31 Jul 2015 12:57:31 +0000 finance TEN snaps up four http://www.tradewindsnews.com/tankers/365772/ten-snaps-up-four Tsakos Energy Navigation confirmed the purchase of two VLCC resales and a pair of suezmaxes as it reported a strong second quarter performance today. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/365772/ten-snaps-up-four Fri, 31 Jul 2015 12:40:38 +0000 tankers Home sweet home http://www.tradewindsnews.com/andalso/365792/home-sweet-home 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/365792/home-sweet-home Fri, 31 Jul 2015 12:20:19 +0000 andalso Scrap subsidy to spark Cosco http://www.tradewindsnews.com/finance/365788/scrap-subsidy-to-spark-cosco China Cosco continues to make operating losses despite it revealing that it is set for a first half profit, analysts say. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365788/scrap-subsidy-to-spark-cosco Fri, 31 Jul 2015 10:56:42 +0000 finance NewLead names new CFO http://www.tradewindsnews.com/drycargo/365776/newlead-names-new-cfo NewLead Holdings has found a replacement for its chief financial officer who resigned at the end of May. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/365776/newlead-names-new-cfo Fri, 31 Jul 2015 10:28:22 +0000 drycargo NOL hypothetically for sale http://www.tradewindsnews.com/finance/365781/nol-hypothetically-for-sale Neptune Orient Lines left the door open for a takeover as Singapore’s flagship carrier reported a second quarter profit yesterday. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365781/nol-hypothetically-for-sale Fri, 31 Jul 2015 09:53:02 +0000 finance K Line doubles profit http://www.tradewindsnews.com/liner/365775/k-line-doubles-profit Profitability of Kawasaki Kisen Kaisha rose sharply through the first three months of the current financial year. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/liner/365775/k-line-doubles-profit Fri, 31 Jul 2015 09:32:25 +0000 liner Safe Bulkers in line http://www.tradewindsnews.com/finance/365773/safe-bulkers-in-line Safe Bulkers followed the Wall Street script in the second quarter slipping to a slightly deeper loss this time around. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365773/safe-bulkers-in-line Fri, 31 Jul 2015 08:46:17 +0000 finance MES back to black http://www.tradewindsnews.com/finance/365771/mes-back-to-black Japan’s Mitsui Engineering & Shipbuilding (MES) has returned to profit for the first quarter of the year. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365771/mes-back-to-black Fri, 31 Jul 2015 08:32:47 +0000 finance Daiichi Chuo deepens loss http://www.tradewindsnews.com/finance/365769/daiichi-chuo-deepens-loss Daiichi Chuo has deepened its full-year loss expectations are seeing its first quarter deficit extend. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365769/daiichi-chuo-deepens-loss Fri, 31 Jul 2015 08:24:37 +0000 finance MOL makes more http://www.tradewindsnews.com/finance/365765/mol-makes-more Mitsui OSK Lines (MOL) has boosted its profit for the first quarter of 2015 despte falling short of the market’s expectations. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365765/mol-makes-more Fri, 31 Jul 2015 07:52:40 +0000 finance “Phone, internet, airports” http://www.tradewindsnews.com/finance/365736/phone-internet-airports The Greek crisis has not affected the operational business of Navios according to chief executive Angeliki Frangou. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365736/phone-internet-airports Fri, 31 Jul 2015 07:48:58 +0000 finance NYK profit picks up http://www.tradewindsnews.com/finance/365766/nyk-profit-picks-up Cost cuts and improved operations have pushed Japanese giant NYK Line to a stronger first quarter profit. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365766/nyk-profit-picks-up Fri, 31 Jul 2015 07:45:30 +0000 finance Cardiff markets Fuji LNG http://www.tradewindsnews.com/gas/365748/cardiff-markets-fuji-lng Greek shipowner TMS Cardiff Gas is marketing its 11-year-old LNG carrier for charter after the ship was redelivered at the conclusion of period business. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/365748/cardiff-markets-fuji-lng Fri, 31 Jul 2015 07:20:41 +0000 gas Yinson buys into FPSO http://www.tradewindsnews.com/shipsales/365756/yinson-buys-into-fpso Yinson Holdings has forged a deal that will see it take a majority stake in a floating production, storage and offloading unit (FPSO) owned by Italian shipowner Premuda. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/shipsales/365756/yinson-buys-into-fpso Fri, 31 Jul 2015 03:34:32 +0000 shipsales Spain detains Greek ship http://www.tradewindsnews.com/casualties/365718/spain-detains-greek-ship Spanish authorities have detained a Greek-owned vessel after it spilled bitumen at the port of Huelva. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/365718/spain-detains-greek-ship Thu, 30 Jul 2015 16:49:47 +0000 casualties Euronav 'not calling market' http://www.tradewindsnews.com/tankers/365747/euronav-not-calling-market Euronav's decision to take on additional charter coverage is not evidence of a shifting view of the crude tanker market, its chief executive says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/365747/euronav-not-calling-market Thu, 30 Jul 2015 16:38:12 +0000 tankers Ocean Rig drops dividend http://www.tradewindsnews.com/offshore/365735/ocean-rig-drops-dividend George Economou led Ocean Rig is suspending its quarterly dividend until the offshore drilling market improves. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/offshore/365735/ocean-rig-drops-dividend Thu, 30 Jul 2015 14:16:26 +0000 offshore Poseidon adventure delayed http://www.tradewindsnews.com/finance/365734/poseidon-adventure-delayed Poseidon Containers is delaying its $283m IPO in New York after encountering tepid investor interest at its target price point, finance sources tell TradeWinds this morning. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365734/poseidon-adventure-delayed Thu, 30 Jul 2015 13:12:32 +0000 finance Diana splashes out $76m http://www.tradewindsnews.com/liner/365729/diana-splashes-out-usd-76m Two post panamax containership that were once part of the fleet of Nautilus Holdings are to be acquired by Diana Containerships. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/liner/365729/diana-splashes-out-usd-76m Thu, 30 Jul 2015 12:34:41 +0000 liner Capital on the money http://www.tradewindsnews.com/tankers/365727/capital-on-the-money Capital Product Partners raised its investor payout for the second successive quarter as it posted a profit in line with expectations. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/365727/capital-on-the-money Thu, 30 Jul 2015 12:31:44 +0000 tankers Navios misses consensus http://www.tradewindsnews.com/drycargo/365721/navios-misses-consensus Navios Maritime Partners has seen its profit slip in the second quarter as it fell short of analysts’ expectations. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/365721/navios-misses-consensus Thu, 30 Jul 2015 11:54:16 +0000 drycargo GasLog Partners trebles profit http://www.tradewindsnews.com/gas/365724/gaslog-partners-trebles-profit Profitability of GasLog Partners jumped through the second quarter mainly as a result of growth in the fleet. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/gas/365724/gaslog-partners-trebles-profit Thu, 30 Jul 2015 11:41:35 +0000 gas CMES firms $448m Valemax deal http://www.tradewindsnews.com/shipsales/365723/cmes-firms-usd-448m-valemax-deal Vale has concluded a $448m deal to sell four of its giant Valemax bulkers to Chinese owner China Merchants Energy Shipping Co. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/365723/cmes-firms-usd-448m-valemax-deal Thu, 30 Jul 2015 11:41:29 +0000 shipsales DSME sues Songa for $855m http://www.tradewindsnews.com/offshore/365704/dsme-sues-songa-for-usd-855m DSME has filed a huge $855m complaint against Songa Offshore with the London Maritime Arbitrators Association (LMAA). n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/365704/dsme-sues-songa-for-usd-855m Thu, 30 Jul 2015 11:15:12 +0000 offshore Suezmaxes next for Euronav? http://www.tradewindsnews.com/shipsales/365706/suezmaxes-next-for-euronav Euronav may switch its attention to the suezmax market having spent $1.7bn on VLCCs in the past 18 months. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/365706/suezmaxes-next-for-euronav Thu, 30 Jul 2015 11:11:39 +0000 shipsales DIS toasts products rebound http://www.tradewindsnews.com/finance/365710/dis-toasts-products-rebound Marco Fiori predicted substantial profit this year for d’Amico International Shipping and its rivals after it reached the half way mark for 2015 with its best showing in seven years. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365710/dis-toasts-products-rebound Thu, 30 Jul 2015 10:26:10 +0000 finance Sale sparks NOL profit http://www.tradewindsnews.com/liner/365709/sale-sparks-nol-profit Singapore’s Neptune Orient Lines has booked a huge profit in the second quarter thanks to the sale of its supply chain management business. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/365709/sale-sparks-nol-profit Thu, 30 Jul 2015 09:59:45 +0000 liner Vale’s exports delayed? http://www.tradewindsnews.com/drycargo/365694/vales-exports-delayed An accident in a Mozambique port is putting obstacles in the way of coal exports by Brazilian mining company Vale. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/drycargo/365694/vales-exports-delayed Thu, 30 Jul 2015 09:39:52 +0000 drycargo PacBasin clings to profit http://www.tradewindsnews.com/drycargo/365701/pacbasin-clings-to-profit Pacific Basin Shipping hung on to profit through the first half despite continuing tough times in the dry cargo market. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/drycargo/365701/pacbasin-clings-to-profit Thu, 30 Jul 2015 09:21:06 +0000 drycargo Subsea 7 wins BP contract http://www.tradewindsnews.com/offshore/365697/subsea-7-wins-bp-contract Subsea 7 has penned a $500m contract with BP which will see two of its vessels conduct offshore installation work in Egypt. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/365697/subsea-7-wins-bp-contract Thu, 30 Jul 2015 08:54:00 +0000 offshore Matson pays for molasses http://www.tradewindsnews.com/liner/365695/matson-pays-for-molasses A spill of molasses in 2013 will cost Matson up to $15.4m according to a settlement reached between the company and the state of Hawaii. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/365695/matson-pays-for-molasses Thu, 30 Jul 2015 08:24:52 +0000 liner Pan Ocean breaks free http://www.tradewindsnews.com/finance/365698/pan-ocean-breaks-free Pan Ocean has seen its application to exit rehabilitation approved by the Seoul central district court. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365698/pan-ocean-breaks-free Thu, 30 Jul 2015 07:52:47 +0000 finance Hornbeck books strong Q2 http://www.tradewindsnews.com/offshore/365696/hornbeck-books-strong-q2 Hornbeck Offshore smashed Wall Street expectations with a strong second quarter performance. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/365696/hornbeck-books-strong-q2 Thu, 30 Jul 2015 07:32:48 +0000 offshore Euronav in stellar Q2 http://www.tradewindsnews.com/tankers/365693/euronav-in-stellar-q2 Euronav trumped Wall Street expectations during a second quarter in which it recorded a positive profit swing of more than $100m. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/365693/euronav-in-stellar-q2 Thu, 30 Jul 2015 07:14:33 +0000 tankers ISH sells PCTC, cuts outlook http://www.tradewindsnews.com/finance/365672/ish-sells-pctc-cuts-outlook International Shipholding (ISH) revealed that it sold its oldest car carrier as it cut its 2015 outlook and reported a slimmer loss in the second quarter. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/finance/365672/ish-sells-pctc-cuts-outlook Wed, 29 Jul 2015 21:39:31 +0000 finance Judge dismisses 'troll' suit http://www.tradewindsnews.com/tankers/365663/judge-dismisses-troll-suit A US judge has dismissed a lawsuit against New Jersey shipbrokerage Solmar-Universal Tanker Chartering that had been filed by ArrivalStar, a company widely considered one of the most active "patent trolls". eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/tankers/365663/judge-dismisses-troll-suit Wed, 29 Jul 2015 20:51:01 +0000 tankers Grupo TMM losses shrink http://www.tradewindsnews.com/finance/365611/grupo-tmm-losses-shrink Grupo TMM reported a 16.4% dip in its second-quarter loss as its top executive said the company aims to recapitalise later this year. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/finance/365611/grupo-tmm-losses-shrink Wed, 29 Jul 2015 18:40:58 +0000 finance Fred Olsen ships pack Bergen http://www.tradewindsnews.com/andalso/365525/fred-olsen-ships-pack-bergen Fred Olsen Cruise Lines's four vessels formed a spectacular picture yesterday as the whole fleet snaked into Bergen for a historic event. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/andalso/365525/fred-olsen-ships-pack-bergen Wed, 29 Jul 2015 17:51:13 +0000 andalso Gazprom link drives Golar http://www.tradewindsnews.com/finance/365496/gazprom-link-drives-golar Golar LNG shares have gained traction amid suggestions of a breakthrough deal on its debut FLNG project. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365496/gazprom-link-drives-golar Wed, 29 Jul 2015 15:39:32 +0000 finance Norman Atlantic raided http://www.tradewindsnews.com/casualties/365494/norman-atlantic-raided Thieves have damaged cars on the burnt-out vessel Norman Atlantic, which caught fire in December and is now docked at Bari, Italy. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/365494/norman-atlantic-raided Wed, 29 Jul 2015 15:34:07 +0000 casualties Subsea 7 profit slips http://www.tradewindsnews.com/offshore/365484/subsea-7-profit-slips Lower activity levels and a one-off charge have seen Subsea 7 post a smaller profit for the second quarter. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/365484/subsea-7-profit-slips Wed, 29 Jul 2015 14:34:27 +0000 offshore CSCL inks $934m order http://www.tradewindsnews.com/shipsales/365493/cscl-inks-usd-934m-order China Shipping Container Lines (CSCL) has placed a contract for eight newbuildings at a domestic yard. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/365493/cscl-inks-usd-934m-order Wed, 29 Jul 2015 14:08:09 +0000 shipsales NCL seafarers injured http://www.tradewindsnews.com/casualties/365491/ncl-seafarers-injured Two seafarers were injured during an accident on a Norwegian Cruise Line (NCL) vessel in Hawaii, yesterday. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/365491/ncl-seafarers-injured Wed, 29 Jul 2015 13:12:56 +0000 casualties Scorpio in potential $538m order http://www.tradewindsnews.com/tankers/365488/scorpio-in-potential-usd-538m-order Scorpio Tankers confirmed a potential $538m newbuilding order as it reported a stronger than anticipated second quarter profit today. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/365488/scorpio-in-potential-usd-538m-order Wed, 29 Jul 2015 12:47:12 +0000 tankers Finnlines boosts profit http://www.tradewindsnews.com/liner/365487/finnlines-boosts-profit Finnlines has boosted its second quarter and boss Emanuele Grimaldi expects further progress in the months to come. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/365487/finnlines-boosts-profit Wed, 29 Jul 2015 12:20:05 +0000 liner Deutsche spur for SALT http://www.tradewindsnews.com/finance/365486/deutsche-spur-for-salt Deutsche Bank has upgraded shares in Scorpio Bulkers after the company positioned itself for a long, bumpy market recovery. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365486/deutsche-spur-for-salt Wed, 29 Jul 2015 12:13:52 +0000 finance Euronav expectations high http://www.tradewindsnews.com/finance/365477/euronav-expectations-high Expectations are growing ahead of Euronav’s second quarter report with the market forecasting a major profit for the shipowner. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365477/euronav-expectations-high Wed, 29 Jul 2015 09:40:45 +0000 finance Dof charters trio to Subsea 7 http://www.tradewindsnews.com/offshore/365465/dof-charters-trio-to-subsea-7 Dof Subsea has chartered out three vessels to compatriot offshore company Subsea 7. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/365465/dof-charters-trio-to-subsea-7 Wed, 29 Jul 2015 09:35:00 +0000 offshore DSME books $2.5bn operating loss http://www.tradewindsnews.com/finance/365480/dsme-books-usd-25bn-operating-loss Speculation of huge losses at DSME turn out to be right as yard reveals significant red ink in second quarter. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365480/dsme-books-usd-25bn-operating-loss Wed, 29 Jul 2015 09:08:36 +0000 finance Mipo misses but avoids loss http://www.tradewindsnews.com/finance/365476/mipo-misses-but-avoids-loss Hyundai Mipo Dockyard has bucked the trend of bottom line losses for South Korean shipbuilders in the second quarter but its results still lagged market expectations. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365476/mipo-misses-but-avoids-loss Wed, 29 Jul 2015 08:56:16 +0000 finance Apollo ups AKPS ante http://www.tradewindsnews.com/finance/365470/apollo-ups-akps-ante Private equity group Apollo has increased its shareholding in Aker Philadelphia Shipyard (AKPS) by nearly 5%. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/365470/apollo-ups-akps-ante Wed, 29 Jul 2015 08:54:02 +0000 finance Seaspan strong in Q2 http://www.tradewindsnews.com/liner/365463/seaspan-strong-in-q2 A growing fleet has helped Seaspan to a higher profit in the second quarter of 2015. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/365463/seaspan-strong-in-q2 Wed, 29 Jul 2015 08:17:58 +0000 liner Samsung losses over $1bn http://www.tradewindsnews.com/finance/365474/samsung-losses-over-usd-1bn Seoul-listed Samsung Heavy Industry reports a $1.3bn operating loss in just one quarter. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365474/samsung-losses-over-usd-1bn Wed, 29 Jul 2015 08:11:59 +0000 finance Boa axes newbuildings http://www.tradewindsnews.com/offshore/365464/boa-axes-newbuildings Boa Offshore has cancelled two multipurpose platform supply vessels (MPSVs) under construction at Nantong Mingde Heavy Industry following long delays. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/365464/boa-axes-newbuildings Wed, 29 Jul 2015 07:46:49 +0000 offshore BP takes in two newbuilds http://www.tradewindsnews.com/gas/365467/bp-takes-in-two-newbuilds A joint-venture between K-Line and Chandris has revealed contracts for two LNG carriers with BP. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/365467/bp-takes-in-two-newbuilds Wed, 29 Jul 2015 07:36:05 +0000 gas DHT beats predictions http://www.tradewindsnews.com/tankers/365446/dht-beats-predictions DHT Holdings delivered second-quarter earnings that beat analyst expectations and reversed a loss unveiled this time last year. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/tankers/365446/dht-beats-predictions Tue, 28 Jul 2015 21:31:45 +0000 tankers Stifel cuts Scorpio forecast http://www.tradewindsnews.com/drycargo/365436/stifel-cuts-scorpio-forecast Stifel cut its earnings estimates for Scorpio Bulkers on predictions that the dry-bulk market will recover gradually thorough 2017. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/drycargo/365436/stifel-cuts-scorpio-forecast Tue, 28 Jul 2015 20:02:02 +0000 drycargo VLCCs pull back further http://www.tradewindsnews.com/tankers/365427/vlccs-pull-back-further Spot charter rates slumped for another day in the VLCC market Tuesday amid continued slow fixture activity. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/tankers/365427/vlccs-pull-back-further Tue, 28 Jul 2015 18:24:50 +0000 tankers Singapore hunts LNG suppliers http://www.tradewindsnews.com/gas/365418/singapore-hunts-lng-suppliers The Maritime and Port Authority of Singapore (MPA) has launched a tendering process for companies aiming to supply LNG bunkers in the world's largest fuelling port for ships. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/gas/365418/singapore-hunts-lng-suppliers Tue, 28 Jul 2015 16:53:45 +0000 gas Diana sells panamax boxship http://www.tradewindsnews.com/liner/365405/diana-sells-panamax-boxship Diana Containerships has offloaded one of its panamaxes a few months after it snapped up a pair of vessels of similar size. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/365405/diana-sells-panamax-boxship Tue, 28 Jul 2015 14:11:05 +0000 liner Scorpio Bulkers into clearer air http://www.tradewindsnews.com/tankers/365404/scorpio-bulkers-into-clearer-air Scorpio Bulkers was said to be nearing the end of its dark restructuring tunnel today despite reporting a second quarter loss. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/365404/scorpio-bulkers-into-clearer-air Tue, 28 Jul 2015 13:42:16 +0000 tankers Carnival books Turku twins http://www.tradewindsnews.com/shipsales/365403/carnival-books-turku-twins Carnival Corp has booked two LNG-fuelled newbuildings at Meyer Werft for its Costa Cruises brand. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/365403/carnival-books-turku-twins Tue, 28 Jul 2015 11:45:05 +0000 shipsales NAP up in second quarter http://www.tradewindsnews.com/finance/365401/nap-up-in-second-quarter Angeliki Frangou noted rising appetite for long-term VLCC charters as Navios Maritime Midstream Partners logged an improved profit for the second quarter. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365401/nap-up-in-second-quarter Tue, 28 Jul 2015 11:15:38 +0000 finance Cruiseship hits coastguard boat http://www.tradewindsnews.com/casualties/365387/cruiseship-hits-coastguard-boat Heavy fog in the Aegean has caused two accidents in Greek waters over the last few days. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/365387/cruiseship-hits-coastguard-boat Tue, 28 Jul 2015 10:50:34 +0000 casualties DFDS back to business http://www.tradewindsnews.com/liner/365386/dfds-back-to-business DFDS is set to continue its normal schedule between Dover and Calais this afternoon. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/365386/dfds-back-to-business Tue, 28 Jul 2015 10:22:47 +0000 liner G6 boosts Asia-Europe http://www.tradewindsnews.com/liner/365388/g6-boosts-asia-europe The G6 Alliance has strengthened its Asia-Europe service by adding additional ports. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/365388/g6-boosts-asia-europe Tue, 28 Jul 2015 10:21:24 +0000 liner Older VLCCs to lead price drive http://www.tradewindsnews.com/shipsales/365369/older-vlccs-to-lead-price-drive DNB Markets expects second-hand VLCC prices to shot up further with older tankers continuing to lead the charge. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/365369/older-vlccs-to-lead-price-drive Tue, 28 Jul 2015 09:35:06 +0000 shipsales Dry buyers back in play http://www.tradewindsnews.com/shipsales/365382/dry-buyers-back-in-play A rising charter market and a calmer geopolitical stage is drawing dry cargo owners out of the woodwork and into the sale and purchase market, a leading Greek broker says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/shipsales/365382/dry-buyers-back-in-play Tue, 28 Jul 2015 08:59:47 +0000 shipsales MOL in new Thai venture http://www.tradewindsnews.com/liner/365380/mol-in-new-thai-venture Mitsui OSK Lines (MOL) is setting up a new joint barge terminal operation in Thailand. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/365380/mol-in-new-thai-venture Tue, 28 Jul 2015 08:54:27 +0000 liner Cochin win for RKEC http://www.tradewindsnews.com/gas/365381/cochin-win-for-rkec Indian state-owned port hands $40m VLGC jetty project to local contractor. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/365381/cochin-win-for-rkec Tue, 28 Jul 2015 08:32:47 +0000 gas Precious readies notes issue http://www.tradewindsnews.com/finance/365375/precious-readies-notes-issue Khalid Hashim’s Precious Shipping is lining up a potential SGD 500m ($365.67m) notes issue. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365375/precious-readies-notes-issue Tue, 28 Jul 2015 08:05:59 +0000 finance SBM closes on $1.55bn http://www.tradewindsnews.com/finance/365368/sbm-closes-on-usd-155bn SBM Offshore has completed the largest financing project in the company’s history. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/365368/sbm-closes-on-usd-155bn Tue, 28 Jul 2015 08:05:08 +0000 finance