www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com Genesis comes clean http://www.tradewindsnews.com/shipsales/347384/Genesis-comes-clean Genesis Energy has confirmed reports that it purchased a Jones Act product tanker from MidOcean Tanker Company of the US. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/shipsales/347384/Genesis-comes-clean Fri, 24 Oct 2014 21:23:36 +0000 shipsales Horizon Lines books profit http://www.tradewindsnews.com/liner/347383/Horizon-Lines-books-profit Horizon Lines managed to generate a profit in the third quarter despite increased competition in markets where a shift in cargo mix battered container rates. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/liner/347383/Horizon-Lines-books-profit Fri, 24 Oct 2014 20:36:42 +0000 liner Maersk mints extension http://www.tradewindsnews.com/liner/347381/Maersk-mints-extension Diana Containerships of Greece has signed off on an extension that will allow the world’s largest carrier to utilize one of its panamaxes for another year. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/liner/347381/Maersk-mints-extension Fri, 24 Oct 2014 18:15:32 +0000 liner Glencore dials DSX http://www.tradewindsnews.com/drycargo/347380/Glencore-dials-DSX Diana Shipping of Greece has lined up a 14-month fixture for one of its panamax bulkers. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/drycargo/347380/Glencore-dials-DSX Fri, 24 Oct 2014 16:43:40 +0000 drycargo Captain wants 'millions' http://www.tradewindsnews.com/piracy/347379/Captain-wants-millions A captain chasing Chevron and Edison Chouest Offshore (ECO) for gross negligence that resulted in his mental and physical abuse by pirates could ask for a seven-figure compensation, TradeWinds has learned. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/piracy/347379/Captain-wants-millions Fri, 24 Oct 2014 15:58:08 +0000 piracy Skagen cuts stake http://www.tradewindsnews.com/finance/347375/Skagen-cuts-stake Harald Espedal’s Skagen has trimmed its holding in shipowner Hurtigruten. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347375/Skagen-cuts-stake Fri, 24 Oct 2014 15:08:55 +0000 finance Su questioned in UK court http://www.tradewindsnews.com/finance/347377/Su-questioned-in-UK-court Taiwanese shipowner Nobu Su has denied allegations he is personally liable for a $36m freight futures debt being claimed in the London High Court by Greek shipowner Polys L. Haji-Ioannou. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/347377/Su-questioned-in-UK-court Fri, 24 Oct 2014 15:04:36 +0000 finance OOIL's top line climbs http://www.tradewindsnews.com/liner/347360/OOILs-top-line-climbs Improvements on the Asia Europe trade have boosted OOIL’s top line in the third quarter. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/347360/OOILs-top-line-climbs Fri, 24 Oct 2014 14:48:35 +0000 liner Bestway on the money http://www.tradewindsnews.com/shipsales/347372/Bestway-on-the-money Shanghai Bestway Marine Engineering Design has posted a big jump in nine-month profit as revenue increased. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347372/Bestway-on-the-money Fri, 24 Oct 2014 14:40:31 +0000 shipsales Economou backs DryShips issue http://www.tradewindsnews.com/liner/347373/Economou-backs-DryShips-issue George Economou has stumped up $80m to help DryShips raise the funds which will cure its convertible bond headache. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/liner/347373/Economou-backs-DryShips-issue Fri, 24 Oct 2014 13:25:58 +0000 liner Ezra earnings decline http://www.tradewindsnews.com/offshore/347346/Ezra-earnings-decline Singapore’s Ezra Holdings has seen its profit slip in the last quarter of the year despite increased revenue. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/347346/Ezra-earnings-decline Fri, 24 Oct 2014 12:51:13 +0000 offshore Western's IPO nets $20m http://www.tradewindsnews.com/shipsales/347366/Westerns-IPO-nets-20m Bangladesh's Western Marine Shipyard has been approved for a listing in Dhaka as it nears completion of its IPO. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347366/Westerns-IPO-nets-20m Fri, 24 Oct 2014 12:36:27 +0000 shipsales KHI raising sights http://www.tradewindsnews.com/shipsales/347367/KHI-raising-sights Japan’s Kawasaki Heavy Industries (KHI) has adjusted its first half forecast and now expects to post a bigger profit. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/347367/KHI-raising-sights Fri, 24 Oct 2014 12:36:01 +0000 shipsales Trio share Kogas prize http://www.tradewindsnews.com/gas/347368/Trio-share-Kogas-prize Three South Korean owners win race for LNG newbuildings at DSME and SHI. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/347368/Trio-share-Kogas-prize Fri, 24 Oct 2014 12:02:59 +0000 gas Matson cuts surcharge http://www.tradewindsnews.com/liner/347359/Matson-cuts-surcharge US to Hawaii container line Matson Navigation is knocking up to $175 off the cost of shipping a box as fuel bills shrink. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/347359/Matson-cuts-surcharge Fri, 24 Oct 2014 11:00:24 +0000 liner Harsh words http://www.tradewindsnews.com/andalso/347361/Harsh-words 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/347361/Harsh-words Fri, 24 Oct 2014 10:58:40 +0000 andalso Evercore cuts Safe Bulkers http://www.tradewindsnews.com/finance/347339/Evercore-cuts-Safe-Bulkers A deteriorating view of the dry cargo market has led Evercore Partners to downgrade shipowner Safe Bulkers. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347339/Evercore-cuts-Safe-Bulkers Fri, 24 Oct 2014 10:48:57 +0000 finance YZJ ditches property http://www.tradewindsnews.com/finance/347354/YZJ-ditches-property Singapore-listed Yangzijiang Shipbuilding (YZJ) has sold off its shares in three loss-making property companies as part of its restructuring. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/347354/YZJ-ditches-property Fri, 24 Oct 2014 10:24:28 +0000 finance Sale turns Siem red http://www.tradewindsnews.com/finance/347353/Sale-turns-Siem-red Oslo-listed reefer owner logs small third quarter loss following exit of Ecuador Star. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347353/Sale-turns-Siem-red Fri, 24 Oct 2014 09:55:49 +0000 finance Avengers assemble...in Chittagong http://www.tradewindsnews.com/shipsales/347349/Avengers-assemble...in-Chittagong Superhero sequel Avengers: Age of Ultron will be watched particularly avidly by the Bangladeshi ship demolition industry. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347349/Avengers-assemble...in-Chittagong Fri, 24 Oct 2014 09:48:40 +0000 shipsales Save your data http://www.tradewindsnews.com/casualties/347345/Save-your-data The London P&I Club has urged shipowners to keep voyage data after accidents. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/347345/Save-your-data Fri, 24 Oct 2014 09:14:31 +0000 casualties Fredriksen set for Flex takeover http://www.tradewindsnews.com/gas/347344/Fredriksen-set-for-Flex-takeover John Fredriksen is set to take over Oslo-listed Flex LNG just a couple of months after selling out of Golar LNG. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/347344/Fredriksen-set-for-Flex-takeover Fri, 24 Oct 2014 08:34:51 +0000 gas Inspector dies http://www.tradewindsnews.com/casualties/347341/Inspector-dies Norwegian customs official suffocated after fall during check on Faroe Islands cargoship. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/347341/Inspector-dies Fri, 24 Oct 2014 08:19:50 +0000 casualties Nauti launching run http://www.tradewindsnews.com/liner/347337/Nauti-launching-run A UK start-up is launching a new passenger ferry service to the Isle of Wight using refurbished wind-farm vessels. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/347337/Nauti-launching-run Fri, 24 Oct 2014 07:41:20 +0000 liner DryShips tries again http://www.tradewindsnews.com/finance/347335/DryShips-tries-again Nasdaq-listed DryShips has launched a share offering that could potentially plug the final funding gap for its looming $700m bonds payment deadline. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/347335/DryShips-tries-again Fri, 24 Oct 2014 06:56:13 +0000 finance Coupling caused fire http://www.tradewindsnews.com/casualties/347329/Coupling-caused-fire An engine room fire aboard a bulker in Australia in July was most likely caused by the failure of a fuel oil pipe coupling, a preliminary report has found. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/347329/Coupling-caused-fire Fri, 24 Oct 2014 04:23:05 +0000 casualties Salvage tug arrested http://www.tradewindsnews.com/finance/347322/Salvage-tug-arrested Singapore’s admiralty sheriff has detained a South Korean salvage tug, according to court documents seen by TradeWinds. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/347322/Salvage-tug-arrested Fri, 24 Oct 2014 02:53:39 +0000 finance Itochu books LNG trio http://www.tradewindsnews.com/gas/347320/Itochu-books-LNG-trio Itochu Corp has confirmed orders for three LNG carrier newbuildings at Hyundai Heavy Industries. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/347320/Itochu-books-LNG-trio Fri, 24 Oct 2014 00:40:59 +0000 gas Earnings season underway http://www.tradewindsnews.com/finance/347319/Earnings-season-underway Forecasters are bracing for a bloody earnings season in response to revelations about Bocimar's lacklustre performance in the third quarter. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/finance/347319/Earnings-season-underway Thu, 23 Oct 2014 21:12:02 +0000 finance Bocimar bins more orders http://www.tradewindsnews.com/drycargo/347317/Bocimar-bins-more-orders A Belgian bulker operator has abandoned six more newbuildings that are under construction at Weihai Samjin Shipyard in China. eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/drycargo/347317/Bocimar-bins-more-orders Thu, 23 Oct 2014 19:43:41 +0000 drycargo IOPC Funds rebuff for Gard http://www.tradewindsnews.com/tankers/347303/IOPC-Funds-rebuff-for-Gard The Gard protection and indemnity club has been dealt a further major blow in the battle that has developed over the Nissos Amorgos tanker spill 17 years ago. jim.mulrenan@tradewindsnews.com (Jim Mulrenan) http://www.tradewindsnews.com/tankers/347303/IOPC-Funds-rebuff-for-Gard Thu, 23 Oct 2014 16:16:14 +0000 tankers MLP acquires Phoenix http://www.tradewindsnews.com/tankers/347306/MLP-acquires-Phoenix A US terminal operator has been linked to the acquisition of a Jones Act product tanker that captivated the sale-and-purchase market this week in the wake of speculation it commanded nearly $160m. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/347306/MLP-acquires-Phoenix Thu, 23 Oct 2014 15:52:32 +0000 tankers Royal Caribbean profit up http://www.tradewindsnews.com/finance/347301/Royal-Caribbean-profit-up Royal Caribbean Cruises delivered mixed news for the market as it reported a sharp improvement in third quarter profit. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347301/Royal-Caribbean-profit-up Thu, 23 Oct 2014 14:53:48 +0000 finance Wartsila’s cruise hope http://www.tradewindsnews.com/shipsales/347291/Wartsila’s-cruise-hope Finnish ship power group Wartsila is in pole position to land any engine orders arising from Carnival's new Chinese cruiseship venture. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347291/Wartsila’s-cruise-hope Thu, 23 Oct 2014 14:45:35 +0000 shipsales Samudera back in black http://www.tradewindsnews.com/liner/347296/Samudera-back-in-black Singapore-listed Samudera Shipping has returned to profit for the third quarter with lower costs out-pacing a third consecutive revenue decline. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/347296/Samudera-back-in-black Thu, 23 Oct 2014 14:31:53 +0000 liner Products peak http://www.tradewindsnews.com/tankers/347295/Products-peak An 18-month high in the products tanker market has opened the door for investors to pick up shares in the sector’s largest owners, analysts say. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/347295/Products-peak Thu, 23 Oct 2014 14:22:28 +0000 tankers ViaMar: no Valemax fear http://www.tradewindsnews.com/drycargo/347290/ViaMar-no-Valemax-fear A lifting of China’s ban on the entry of Valemax vessels will have only a minimal impact on dry cargo rates, Norwegian researchers ViaMar say. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/347290/ViaMar-no-Valemax-fear Thu, 23 Oct 2014 13:44:24 +0000 drycargo EMAS makes less http://www.tradewindsnews.com/offshore/347283/EMAS-makes-less Recently-merged EMAS Offshore has seen its profit slip in the three-month period ended 31 August despite an increase in revenue. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/347283/EMAS-makes-less Thu, 23 Oct 2014 13:41:05 +0000 offshore NewLead fixes newcomer http://www.tradewindsnews.com/drycargo/347289/NewLead-fixes-newcomer Greece’s NewLead Holdings says it has fixed a newly acquired eco-handysize on a short-term deal above market rates. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/347289/NewLead-fixes-newcomer Thu, 23 Oct 2014 13:26:02 +0000 drycargo Teichert staying on http://www.tradewindsnews.com/finance/347288/Teichert-staying-on German ship finance house Lloyd Fonds is keeping its CEO Torsten Teichert for another three years. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/347288/Teichert-staying-on Thu, 23 Oct 2014 12:44:23 +0000 finance Deep Sea extends deals http://www.tradewindsnews.com/offshore/347287/Deep-Sea-extends-deals Norway’s Deep Sea Supply has stretched two existing offshore vessel charters for up to four years with Brazil’s Petrobras. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/347287/Deep-Sea-extends-deals Thu, 23 Oct 2014 11:23:16 +0000 offshore Crede selling FREE stock http://www.tradewindsnews.com/finance/347286/Crede-selling-FREE-stock Crede Capital Group (CCG) has filed to sell a slice of Greek bulker owner FreeSeas’ stock worth up to $2.975m. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/347286/Crede-selling-FREE-stock Thu, 23 Oct 2014 10:40:30 +0000 finance AIS not enough http://www.tradewindsnews.com/casualties/347285/AIS-not-enough A UK accident report has found that a German multipurpose was in collision with a barge off Dover because its watch officer was relying on AIS data, not radar. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/347285/AIS-not-enough Thu, 23 Oct 2014 10:24:28 +0000 casualties Siem Offshore stronger http://www.tradewindsnews.com/offshore/347273/Siem-Offshore-stronger Siem Offshore has posted a slight increase in its third quarter earnings on higher operating revenue. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/347273/Siem-Offshore-stronger Thu, 23 Oct 2014 09:52:08 +0000 offshore Drifting ship towed http://www.tradewindsnews.com/casualties/347275/Drifting-ship-towed A Dutch cargoship has been safely brought into port after losing power off Scotland. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/347275/Drifting-ship-towed Thu, 23 Oct 2014 09:20:44 +0000 casualties TIL to buy back http://www.tradewindsnews.com/finance/347276/TIL-to-buy-back Tanker Investments Ltd has today issued a profit warning and laid out plans for a share buyback. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347276/TIL-to-buy-back Thu, 23 Oct 2014 09:12:29 +0000 finance Daydreaming captain http://www.tradewindsnews.com/casualties/347205/Daydreaming-captain A captain of a ferry that ran aground two years ago was found to be “lost in his thoughts”, a US Coast Guard (USCG) report said. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/347205/Daydreaming-captain Thu, 23 Oct 2014 08:52:52 +0000 casualties Harim eyes Pan Ocean http://www.tradewindsnews.com/shipsales/347274/Harim-eyes-Pan-Ocean Korean chicken processing group Harim is ready to bid for restructured shipowner Pan Ocean. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347274/Harim-eyes-Pan-Ocean Thu, 23 Oct 2014 08:45:17 +0000 shipsales Wartsila earnings slip http://www.tradewindsnews.com/finance/347179/Wartsila-earnings-slip Finnish ship power group Wartsila has posted lower nine-month earnings despite stable revenue. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/347179/Wartsila-earnings-slip Thu, 23 Oct 2014 07:14:26 +0000 finance Hyundai Heavy faces strike http://www.tradewindsnews.com/shipsales/347180/Hyundai-Heavy-faces-strike Hyundai Heavy Industries (HHI) is facing its first strike in 20 years after unionised workers voted to walk out. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347180/Hyundai-Heavy-faces-strike Thu, 23 Oct 2014 06:22:25 +0000 shipsales Zhao takes full control http://www.tradewindsnews.com/finance/347176/Zhao-takes-full-control Titan Petrochemicals Group has seen its chief executive step down after less than seven months in the role. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/347176/Zhao-takes-full-control Thu, 23 Oct 2014 05:45:19 +0000 finance Noble fixes Nordic newbuild http://www.tradewindsnews.com/offshore/347170/Noble-fixes-Nordic-newbuild Nordic Maritime has secured a five year time charter for its new DP2 IMR subsea vessel in a deal worth $70m. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/347170/Noble-fixes-Nordic-newbuild Thu, 23 Oct 2014 05:18:44 +0000 offshore Seroja bulker arrested http://www.tradewindsnews.com/shipsales/347168/Seroja-bulker-arrested Seroja Investments has seen a jointly-owned panama bulker arrested by a company thought to represent a Greek shipowner. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/shipsales/347168/Seroja-bulker-arrested Thu, 23 Oct 2014 04:44:19 +0000 shipsales Global steel output stalls http://www.tradewindsnews.com/drycargo/347166/Global-steel-output-stalls Levels of steel production in China remained unchanged from a year ago in September, as global growth ground to halt. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/347166/Global-steel-output-stalls Thu, 23 Oct 2014 03:46:42 +0000 drycargo KSS in Itochu tie-up http://www.tradewindsnews.com/gas/347165/KSS-in-Itochu-tie-up South Korea’s KSS Shipping has agreed a seven year deal with Japan’s Itochu Corp for the shipment of LPG. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/347165/KSS-in-Itochu-tie-up Thu, 23 Oct 2014 02:23:22 +0000 gas American Phoenix takes flight http://www.tradewindsnews.com/shipsales/347162/American-Phoenix-takes-flight A joint venture between MidOcean Marine and US compatriot Alterna Capital appears to have parted ways with a Jones Act product tanker. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/shipsales/347162/American-Phoenix-takes-flight Wed, 22 Oct 2014 21:40:36 +0000 shipsales Transgas ponders renewal http://www.tradewindsnews.com/gas/347157/Transgas-ponders-renewal A leading operator is scouring the LPG market for second-hand tonnage after parting ways with one of its ageing gas-carriers. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/gas/347157/Transgas-ponders-renewal Wed, 22 Oct 2014 18:36:36 +0000 gas Captured captain sues http://www.tradewindsnews.com/piracy/347154/Captured-captain-sues Oil major Chevron and Edison Chouest Offshore (EOC) are the targets of a lawsuit filed by a captain who spent more than two weeks as the hostage of West African pirates. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/piracy/347154/Captured-captain-sues Wed, 22 Oct 2014 16:17:16 +0000 piracy TSA claws back costs http://www.tradewindsnews.com/liner/347152/TSA-claws-back-costs Asia to US container lines are tackling the cost of new cleaner fuel rules by upping a surcharge. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/347152/TSA-claws-back-costs Wed, 22 Oct 2014 15:19:40 +0000 liner Scorpio takes one more step http://www.tradewindsnews.com/drycargo/347149/Scorpio-takes-one-more-step Scorpio Bulkers has crossed another bridge en route to funding its vast newbuilding orderbook. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/347149/Scorpio-takes-one-more-step Wed, 22 Oct 2014 13:23:21 +0000 drycargo Antwerp volumes up http://www.tradewindsnews.com/tankers/347147/Antwerp-volumes-up The key Belgian port of Antwerp has continued to see cargo throughput increase this year. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/347147/Antwerp-volumes-up Wed, 22 Oct 2014 13:08:08 +0000 tankers Stifel dials down cape view http://www.tradewindsnews.com/finance/347127/Stifel-dials-down-cape-view A slack start to the fourth quarter has seen US investment bank Stifel slice its capesize rate estimates for the period in half. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347127/Stifel-dials-down-cape-view Wed, 22 Oct 2014 11:52:57 +0000 finance Matson pays for spill http://www.tradewindsnews.com/liner/347143/Matson-pays-for-spill US container line Matson Navigation has pleaded guilty to two violations relating to the illegal discharge of more than 230,000 gallons of molasses at Honolulu harbour in 2013. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/347143/Matson-pays-for-spill Wed, 22 Oct 2014 11:26:34 +0000 liner No new ferry for now http://www.tradewindsnews.com/liner/347142/No-new-ferry-for-now An Australian property developer has halted plans to fund a new passenger ferry from Adelaide to Kangaroo Island. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/347142/No-new-ferry-for-now Wed, 22 Oct 2014 11:09:48 +0000 liner Dry shares spike globally http://www.tradewindsnews.com/finance/347135/Dry-shares-spike-globally A jump in dry cargo shares in Oslo yesterday on the tail of a record rise in the capesize market has passed to stocks around the globe. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347135/Dry-shares-spike-globally Wed, 22 Oct 2014 10:36:22 +0000 finance Tankers boost Brightoil http://www.tradewindsnews.com/tankers/347137/Tankers-boost-Brightoil Hong Kong energy group Brightoil has seen annual earnings increase as it enjoyed the first full year of operation for its VLCCs and aframaxes. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/347137/Tankers-boost-Brightoil Wed, 22 Oct 2014 10:31:30 +0000 tankers Buyers circle Perth http://www.tradewindsnews.com/finance/347139/Buyers-circle-Perth Investors interested in Scotland’s Perth Harbour have one month to submit their business plans. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/347139/Buyers-circle-Perth Wed, 22 Oct 2014 10:14:45 +0000 finance Strike ended in Aqaba http://www.tradewindsnews.com/finance/347136/Strike-ended-in-Aqaba Workers at Jordan’s Aqaba Container Terminals (ACT) have ended their strike after reaching an agreement with the facility’s operator APM Terminals. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/347136/Strike-ended-in-Aqaba Wed, 22 Oct 2014 10:03:25 +0000 finance Arcadia on the hunt http://www.tradewindsnews.com/shipsales/347133/Arcadia-on-the-hunt India’s Arcadia Shipping is actively seeking second-hand acquisitions as it seeks to expand its fleet. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347133/Arcadia-on-the-hunt Wed, 22 Oct 2014 09:36:46 +0000 shipsales HHI chops again http://www.tradewindsnews.com/finance/347134/HHI-chops-again Hyundai Heavy Industries (HHI) has cut back the number of its business divisions as it seeks to turn around losses. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/347134/HHI-chops-again Wed, 22 Oct 2014 09:14:42 +0000 finance GFI bid goes hostile http://www.tradewindsnews.com/finance/347132/GFI-bid-goes-hostile BGC Partners has launched a hostile $675m all-cash bid for derivatives broker GFI Group, it emerged Wednesday. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/347132/GFI-bid-goes-hostile Wed, 22 Oct 2014 08:48:41 +0000 finance No fallout for SCF http://www.tradewindsnews.com/finance/347128/No-fallout-for-SCF A downgrade of Russian government debt will have no impact on state-owned shipowner SCF Group (Sovcomflot), Moody's says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/347128/No-fallout-for-SCF Wed, 22 Oct 2014 08:35:20 +0000 finance Stena ferry breaks free http://www.tradewindsnews.com/casualties/347126/Stena-ferry-breaks-free Tugs had to retrieve a Stena Line ferry in Belfast after a storm snapped its moorings. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/347126/Stena-ferry-breaks-free Wed, 22 Oct 2014 07:27:21 +0000 casualties Iran needs FPSO http://www.tradewindsnews.com/offshore/347123/Iran-needs-FPSO Iran needs a floating production, storage and offloading (FPSO) vessel to unlock a southern oil field. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/347123/Iran-needs-FPSO Wed, 22 Oct 2014 07:10:05 +0000 offshore JMU wins ferry double http://www.tradewindsnews.com/shipsales/347120/JMU-wins-ferry-double Japan Marine United (JMU) has signed a contract to build two large eco-ferries for MOL Ferry. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/347120/JMU-wins-ferry-double Wed, 22 Oct 2014 06:24:23 +0000 shipsales Havila turns it around http://www.tradewindsnews.com/offshore/347121/Havila-turns-it-around Havila Shipping has posted a robust improvement in its third quarter performance, figures released Wednesday show. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/347121/Havila-turns-it-around Wed, 22 Oct 2014 06:22:38 +0000 offshore BHP makes it three http://www.tradewindsnews.com/drycargo/347119/BHP-makes-it-three BHP Billiton, the world’s largest mining company, has produced a record amount of iron ore in the September 2014 quarter. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/347119/BHP-makes-it-three Wed, 22 Oct 2014 05:39:45 +0000 drycargo Barclays upgrades PB http://www.tradewindsnews.com/drycargo/347113/Barclays-upgrades-PB Barclays has upgraded its view of Pacific Basin despite the shipowner’s recent bleak third quarter trading update. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/347113/Barclays-upgrades-PB Wed, 22 Oct 2014 03:49:03 +0000 drycargo Swiber sells sukuk bond http://www.tradewindsnews.com/finance/347107/Swiber-sells-sukuk-bond Swiber Holdings, the Singapore offshore contactor, has raised SGD 50m ($39m) from a three year sukuk bond. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/347107/Swiber-sells-sukuk-bond Wed, 22 Oct 2014 02:10:10 +0000 finance