www.tradewindsnews.com http://www.tradewindsnews.com/ www.tradewindsnews.com Sizing up a broking giant http://www.tradewindsnews.com/finance/349839/Sizing-up-a-broking-giant Clarksons has offered investors a flavour of its potential profit power following its $441m takeover of RS Platou as the scale of the enlarged company became clearer. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/349839/Sizing-up-a-broking-giant Fri, 28 Nov 2014 16:53:09 +0000 finance Atlantic sinks in Q3 http://www.tradewindsnews.com/offshore/349856/Atlantic-sinks-in-Q3 Atlantic Offshore has seen its third quarter bottom line turn red. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/349856/Atlantic-sinks-in-Q3 Fri, 28 Nov 2014 16:47:18 +0000 offshore Costamare shortlisted http://www.tradewindsnews.com/liner/article349861.ece5 Boxship power Costamare has been shortlisted for Mitsui OSK Lines (MOL)’s planned ultra-large containerships (ULCs). eric.martin@tradewindsnews.com (Eric Martin) http://www.tradewindsnews.com/liner/article349861.ece5 Fri, 28 Nov 2014 16:39:37 +0000 liner New Swedish pool formed http://www.tradewindsnews.com/tankers/349855/New-Swedish-pool-formed Sister companies Concordia Maritime and Stena Bulk have introduced a new pool for four products tankers. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/349855/New-Swedish-pool-formed Fri, 28 Nov 2014 15:24:36 +0000 tankers Dof fixes five http://www.tradewindsnews.com/offshore/349850/Dof-fixes-five Norway's Dof group has fixed five platform supply ships (PSVs) on long-term deals. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/349850/Dof-fixes-five Fri, 28 Nov 2014 14:46:02 +0000 offshore Fitness test failed http://www.tradewindsnews.com/liner/349849/Fitness-test-failed Bangladesh has found no suitable vessels to launch a new coastal shipping service to India. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/349849/Fitness-test-failed Fri, 28 Nov 2014 14:00:43 +0000 liner Alternative lifestyles http://www.tradewindsnews.com/andalso/349844/Alternative-lifestyles 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/349844/Alternative-lifestyles Fri, 28 Nov 2014 13:10:24 +0000 andalso NCA arrests Ingvild http://www.tradewindsnews.com/finance/349831/NCA-arrests-Ingvild The Norwegian Coastal Administration (NCA) has arrested a cargoship owned by bankrupt operator Storesletten Rederi. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349831/NCA-arrests-Ingvild Fri, 28 Nov 2014 12:29:24 +0000 finance ESSA orders in China http://www.tradewindsnews.com/finance/349827/ESSA-orders-in-China Mexican salt exporting giant Exportadora de Sal SA de CV (ESSA) has placed an eco newbuilding order in China. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/349827/ESSA-orders-in-China Fri, 28 Nov 2014 12:05:59 +0000 finance Global Carriers cuts loss http://www.tradewindsnews.com/tankers/349826/Global-Carriers-cuts-loss Malaysian tanker owner Global Carriers has reduced its third quarter loss as it fights delisting in Kuala Lumpur. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/349826/Global-Carriers-cuts-loss Fri, 28 Nov 2014 11:59:15 +0000 tankers Maersk Broker to join the fun http://www.tradewindsnews.com/finance/349828/Maersk-Broker-to-join-the-fun Maersk Broker is considering joining in the wave of mergers and acquisitions which is reshaping the European shipbroking scene. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/349828/Maersk-Broker-to-join-the-fun Fri, 28 Nov 2014 11:14:07 +0000 finance Three-year high http://www.tradewindsnews.com/tankers/349825/Three-year-high The Baltic Exchange's Clean Tanker Index has reached its highest point for three years in an improving products market. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/349825/Three-year-high Fri, 28 Nov 2014 11:06:11 +0000 tankers Flex sees red http://www.tradewindsnews.com/gas/349814/Flex-sees-red John Fredriksen takeover target Flex LNG has posted a small loss for the third quarter as it seeks charterers for its two newbuildings. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/gas/349814/Flex-sees-red Fri, 28 Nov 2014 10:50:15 +0000 gas Sales boost Daiichi view http://www.tradewindsnews.com/drycargo/349815/Sales-boost-Daiichi-view A raft of asset sales appears to be paying off for Japanese shipowner Daiichi Chuo. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/drycargo/349815/Sales-boost-Daiichi-view Fri, 28 Nov 2014 10:41:13 +0000 drycargo OW meetings delayed http://www.tradewindsnews.com/finance/349816/OW-meetings-delayed Creditors will have to wait another two months to enter talks over collapsed Danish group OW Bunker's Asian debts. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349816/OW-meetings-delayed Fri, 28 Nov 2014 10:02:08 +0000 finance OPEC boosts tankers http://www.tradewindsnews.com/tankers/349812/OPEC-boosts-tankers OPEC’s decision not to cut production to prop up the oil price means investors should turn to the tanker market, analysts say. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/tankers/349812/OPEC-boosts-tankers Fri, 28 Nov 2014 09:55:38 +0000 tankers Deutschland trip axed http://www.tradewindsnews.com/shipsales/349813/Deutschland-trip-axed A lack of new investors has led to the cancellation of a round-the-world voyage for bankrupt German owner Peter Deilmann's Deutschland. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/349813/Deutschland-trip-axed Fri, 28 Nov 2014 09:38:26 +0000 shipsales First for Rolls-Royce http://www.tradewindsnews.com/shipsales/349802/First-for-Rolls-Royce UK designer Rolls-Royce has won a deal to design a new type of offshore vessel for Norway's Myklebusthaug Management. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/349802/First-for-Rolls-Royce Fri, 28 Nov 2014 09:02:44 +0000 shipsales Subsea 7 shares go http://www.tradewindsnews.com/offshore/349800/Subsea-7-shares-go Offshore shipowner Subsea 7 has cancelled shares worth $39.25m after a series of buybacks. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/349800/Subsea-7-shares-go Fri, 28 Nov 2014 08:18:40 +0000 offshore Ro-ro route axed http://www.tradewindsnews.com/liner/349799/Ro-ro-route-axed Dutch owner Transfennica has blamed new low-sulphur fuel rules for the dropping of its route between Spain, the UK and Belgium. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/349799/Ro-ro-route-axed Fri, 28 Nov 2014 07:35:51 +0000 liner Jinhui doesn’t disappoint http://www.tradewindsnews.com/drycargo/349796/Jinhui-doesn’t-disappoint Jinhui Shipping has reported a loss of $15.7m for the third quarter as forecast at the beginning of November. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/drycargo/349796/Jinhui-doesn’t-disappoint Fri, 28 Nov 2014 06:48:46 +0000 drycargo Forex losses dent WWS http://www.tradewindsnews.com/offshore/349793/Forex-losses-dent-WWS World Wide Supply, the fledgling Norwegian PSV start-up, has posted a pre-tax loss of NOK 76.7m ($11m) for the third quarter. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/349793/Forex-losses-dent-WWS Fri, 28 Nov 2014 05:56:46 +0000 offshore UASC names first of 17 http://www.tradewindsnews.com/liner/349791/UASC-names-first-of-17 United Arab Shipping Co (UASC) has named the first of 17 pioneering containership newbuildings at Hyundai Heavy Industries (HHI). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/349791/UASC-names-first-of-17 Fri, 28 Nov 2014 03:26:10 +0000 liner Icon Offshore profit slides http://www.tradewindsnews.com/offshore/349789/Icon-Offshore-profit-slides Icon Offshore has reported a 15% decline in third quarter net profit on the back of lower utilisation and vessel disposals. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/349789/Icon-Offshore-profit-slides Fri, 28 Nov 2014 03:02:43 +0000 offshore Vogemann’s reef fine http://www.tradewindsnews.com/casualties/349787/Vogemann’s-reef-fine H Vogemann has been handed an $840,000 bill by US authorities for damages caused to a reef off Hawaii by one of its ships. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/349787/Vogemann’s-reef-fine Fri, 28 Nov 2014 00:33:53 +0000 casualties Big operation in Crete http://www.tradewindsnews.com/casualties/349784/Big-operation-in-Crete Greek authorities have launched a big rescue operation for a vessel with around 700 immigrants aboard, off Crete. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/349784/Big-operation-in-Crete Thu, 27 Nov 2014 17:02:38 +0000 casualties Anek stays in red http://www.tradewindsnews.com/liner/349782/Anek-stays-in-red Anek Lines has posted a fractionally bigger loss for the first nine months of 2014 as revenue declined. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/349782/Anek-stays-in-red Thu, 27 Nov 2014 17:02:35 +0000 liner Finnlines firing again? http://www.tradewindsnews.com/liner/349780/Finnlines-firing-again Finnlines looks to be firing crew for the second time in the last three months. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/349780/Finnlines-firing-again Thu, 27 Nov 2014 15:57:50 +0000 liner Baltic dividend rises http://www.tradewindsnews.com/drycargo/349781/Baltic-dividend-rises London’s Baltic Exchange is increasing its interim dividend as underlying finances remain strong. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/349781/Baltic-dividend-rises Thu, 27 Nov 2014 15:48:04 +0000 drycargo Nord/LB cuts loan loss http://www.tradewindsnews.com/finance/349777/NordLB-cuts-loan-loss German bank Nord/LB has reduced its loan-loss provisions for the first nine months as profit rose. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349777/NordLB-cuts-loan-loss Thu, 27 Nov 2014 15:36:07 +0000 finance Landmark strike at HHI http://www.tradewindsnews.com/shipsales/349778/Landmark-strike-at-HHI Hyundai Heavy Industries (HHI) workers have staged the first partial strike since 1994 after 52 unsuccessful rounds of negotiations with central management. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/shipsales/349778/Landmark-strike-at-HHI Thu, 27 Nov 2014 14:57:30 +0000 shipsales India readies yard fund http://www.tradewindsnews.com/finance/349776/India-readies-yard-fund India’s government is close to setting up a shipbuilding fund worth at least INR 150bn ($2.42bn). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349776/India-readies-yard-fund Thu, 27 Nov 2014 14:17:48 +0000 finance Boskalis: no merger http://www.tradewindsnews.com/offshore/349775/Boskalis-no-merger Dutch dredging group Boskalis has denied it is looking to merge its tug division with AP Moller-Maersk. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/offshore/349775/Boskalis-no-merger Thu, 27 Nov 2014 13:52:34 +0000 offshore Trident adds 14 http://www.tradewindsnews.com/andalso/349668/Trident-adds-14 A few weeks before new emissions regulations are introduced, Trident Alliance – a band of shipowners looking to ensure enforcement – has added 14 companies to its tally. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/andalso/349668/Trident-adds-14 Thu, 27 Nov 2014 12:51:52 +0000 andalso Kurushima wins bulk duo http://www.tradewindsnews.com/shipsales/349774/Kurushima-wins-bulk-duo Hong Kong interests are believed to be behind a new order for two bulkers at Japan’s Shin Kurushima. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/349774/Kurushima-wins-bulk-duo Thu, 27 Nov 2014 12:22:38 +0000 shipsales Shih Wei slides http://www.tradewindsnews.com/drycargo/349772/Shih-Wei-slides Shih Wei Navigation has seen earnings eroded in the third quarter as revenue fell. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/349772/Shih-Wei-slides Thu, 27 Nov 2014 12:08:28 +0000 drycargo ER modifies eight http://www.tradewindsnews.com/liner/349769/ER-modifies-eight Germany’s ER Schiffahrt is retrofitting eight ultra-large container vessels and has scooped an award from DNV GL as a result. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/349769/ER-modifies-eight Thu, 27 Nov 2014 12:00:12 +0000 liner Trustees take OW fleet http://www.tradewindsnews.com/tankers/349770/Trustees-take-OW-fleet OW Bunker’s tanker fleet has been taken over by a new company formed by the bankrupt Danish fuel group’s trustees. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/349770/Trustees-take-OW-fleet Thu, 27 Nov 2014 11:22:17 +0000 tankers Annual joy for TTA http://www.tradewindsnews.com/finance/349666/Annual-joy-for-TTA Bulker owner Thoresen Thai Agencies (TTA) has reported its best annual performance since 2009 as it returned to the black for the financial year 2014. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/349666/Annual-joy-for-TTA Thu, 27 Nov 2014 10:54:17 +0000 finance Smedegaard cashes in http://www.tradewindsnews.com/finance/349669/Smedegaard-cashes-in DFDS’ top two executives have sold shares in the company worth $1.7m. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349669/Smedegaard-cashes-in Thu, 27 Nov 2014 10:29:01 +0000 finance MES lines up bonds http://www.tradewindsnews.com/finance/349667/MES-lines-up-bonds Japan’s Mitsui Engineering & Shipbuilding (MES) is planning a sale of five and seven-year bonds. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349667/MES-lines-up-bonds Thu, 27 Nov 2014 09:50:56 +0000 finance Canal hands over $1bn http://www.tradewindsnews.com/finance/349665/Canal-hands-over-1bn The Panama Canal Authority (ACP) will pay more than $1bn in tax after a stronger financial year. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349665/Canal-hands-over-1bn Thu, 27 Nov 2014 07:45:56 +0000 finance Clarksons hits target http://www.tradewindsnews.com/finance/349664/Clarksons-hits-target UK shipbroker Clarksons has gained approval for its merger with RS Platou from investors controlling 92.6% of the Norwegian shop's shares. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349664/Clarksons-hits-target Thu, 27 Nov 2014 07:19:34 +0000 finance China Earth's illegal deposit http://www.tradewindsnews.com/casualties/349662/China-Earths-illegal-deposit China Earth Shipping has been fined AUD 20,000 ($17,170) over the illegal disposal of rubbish off Gladstone, Australia. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/349662/China-Earths-illegal-deposit Thu, 27 Nov 2014 06:33:34 +0000 casualties Australia bans MPP http://www.tradewindsnews.com/casualties/349660/Australia-bans-MPP Australian authorities have banned an Indonesian multi-purpose vessel from entering or using any port in Australia for three months. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/casualties/349660/Australia-bans-MPP Thu, 27 Nov 2014 06:03:35 +0000 casualties Seadrill down over 20% http://www.tradewindsnews.com/finance/349658/Seadrill-down-over-20 Seadrill’s stock fell over 20% on Wednesday after the John Fredriksen-controlled drilling rig owner suspended its dividend. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/finance/349658/Seadrill-down-over-20 Thu, 27 Nov 2014 04:00:46 +0000 finance SLNG seals bank funds http://www.tradewindsnews.com/gas/349651/SLNG-seals-bank-funds Singapore LNG (SLNG) has secured a SGD 1.1bn ($850m) term loan facility as it looks to evolve into a commercial entity. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/349651/SLNG-seals-bank-funds Thu, 27 Nov 2014 02:51:06 +0000 gas Perdana profit up 70% http://www.tradewindsnews.com/offshore/349650/Perdana-profit-up-70 Perdana Petroleum is set for a strong end to the 2014 financial year after posting a bumper third quarter performance. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/349650/Perdana-profit-up-70 Thu, 27 Nov 2014 00:31:58 +0000 offshore Cape rates crash http://www.tradewindsnews.com/drycargo/349639/Cape-rates-crash The dry-bulk market was reeling Wednesday in response to a sharp decline in rates for capesize bulkers trading in the spot market. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/drycargo/349639/Cape-rates-crash Wed, 26 Nov 2014 22:24:30 +0000 drycargo Let the good times roll http://www.tradewindsnews.com/tankers/349638/Let-the-good-times-roll Rates for tankers trading in the spot market are on the rise and many forecasters are growing increasingly optimistic about the future but some fear 2015 will be another challenging year for the segment aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/tankers/349638/Let-the-good-times-roll Wed, 26 Nov 2014 19:58:28 +0000 tankers DCIX takes flight http://www.tradewindsnews.com/finance/349637/DCIX-takes-flight Shares of Diana Containerships gained traction in midday trading Wednesday after the owner line up time charter extensions for a pair of its panamaxes. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/349637/DCIX-takes-flight Wed, 26 Nov 2014 18:39:45 +0000 finance Neste axes 203 jobs http://www.tradewindsnews.com/tankers/349631/Neste-axes-203-jobs Finland’s Neste Oil is to shed 203 jobs by the end of 2016. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/349631/Neste-axes-203-jobs Wed, 26 Nov 2014 15:46:01 +0000 tankers StealthGas sells and fixes http://www.tradewindsnews.com/gas/349630/StealthGas-sells-and-fixes Greece’s StealthGas has secured charter contracts for nine vessels and has entered into a sale and leaseback agreement for one LPG carrier. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/gas/349630/StealthGas-sells-and-fixes Wed, 26 Nov 2014 15:34:06 +0000 gas Golar LNG unsatisfied http://www.tradewindsnews.com/finance/349632/Golar-LNG-unsatisfied Golar LNG was unhappy with its third quarter financial performance despite an improvement in its operating numbers. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/349632/Golar-LNG-unsatisfied Wed, 26 Nov 2014 15:24:04 +0000 finance StealthGas buys back $10m http://www.tradewindsnews.com/finance/349629/StealthGas-buys-back-10m Greek LPG carrier owner StealthGas has revealed a $10m share buyback programme. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/349629/StealthGas-buys-back-10m Wed, 26 Nov 2014 14:37:02 +0000 finance Latvian loses less http://www.tradewindsnews.com/tankers/349628/Latvian-loses-less Riga-based tanker owner Latvian Shipping Company (LSC) has cut its nine-month deficit in spite of “disappointing” markets. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/349628/Latvian-loses-less Wed, 26 Nov 2014 14:26:58 +0000 tankers Teekay stand-off over http://www.tradewindsnews.com/tankers/349627/Teekay-stand-off-over The Australian crew of the Teekay-operated tanker Tandara Spirit have ended their sit-in protest against the likely loss of their jobs. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/tankers/349627/Teekay-stand-off-over Wed, 26 Nov 2014 13:40:03 +0000 tankers Zim denies suspension http://www.tradewindsnews.com/liner/349614/Zim-denies-suspension Israel’s Zim has denied it has suspended operations in the US ports of Long Beach and Oakland. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/349614/Zim-denies-suspension Wed, 26 Nov 2014 13:22:35 +0000 liner LNG cull coming? http://www.tradewindsnews.com/gas/349622/LNG-cull-coming Weak LNG spot rates and a heavy delivery schedule could push some shipowners out of business over the next two years. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/gas/349622/LNG-cull-coming Wed, 26 Nov 2014 11:56:14 +0000 gas Fredriksen back for bonds http://www.tradewindsnews.com/finance/349616/Fredriksen-back-for-bonds John Fredriksen has laid down an extra $25m to boost his holding in Golden Ocean’s convertible bond. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/349616/Fredriksen-back-for-bonds Wed, 26 Nov 2014 11:35:47 +0000 finance MBC slumps in third http://www.tradewindsnews.com/drycargo/349621/MBC-slumps-in-third Malaysian Bulk Carriers (MBC) has fallen to a loss in the third quarter as costs rose. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/349621/MBC-slumps-in-third Wed, 26 Nov 2014 11:21:30 +0000 drycargo K Line to the rescue http://www.tradewindsnews.com/casualties/349612/K-Line-to-the-rescue Four people aboard a yacht have been rescued by a car carrier owned by Japan’s K Line. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/casualties/349612/K-Line-to-the-rescue Wed, 26 Nov 2014 11:18:14 +0000 casualties Hoegh LNG misses Q3 mark http://www.tradewindsnews.com/gas/349619/Hoegh-LNG-misses-Q3-mark Hoegh LNG slipped deeper into the red in the third quarter as its results disappointed the market. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/gas/349619/Hoegh-LNG-misses-Q3-mark Wed, 26 Nov 2014 11:12:16 +0000 gas Shin Yang profit chopped http://www.tradewindsnews.com/finance/349613/Shin-Yang-profit-chopped Shin Yang Shipping of Malaysia has barely remained in the black during the first quarter as its profit slipped on smaller revenue. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/349613/Shin-Yang-profit-chopped Wed, 26 Nov 2014 10:50:07 +0000 finance GE not finished yet? http://www.tradewindsnews.com/shipsales/349620/GE-not-finished-yet India's Great Eastern Shipping (GE) could yet add more bulkers to its fleet depending on market performance, its chief financial officer has said. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/shipsales/349620/GE-not-finished-yet Wed, 26 Nov 2014 10:24:19 +0000 shipsales Small progress for Nordic http://www.tradewindsnews.com/tankers/349611/Small-progress-for-Nordic Nordic Shipholding has marginally trimmed its third quarter deficit but still remained in the red as daily rates fell short of expectations. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/tankers/349611/Small-progress-for-Nordic Wed, 26 Nov 2014 09:59:24 +0000 tankers Swire Shipping to sign http://www.tradewindsnews.com/liner/349618/Swire-Shipping-to-sign Swire Shipping is to sign a new deal to provide international services to Tasmania, the Australian state’s government has said. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/349618/Swire-Shipping-to-sign Wed, 26 Nov 2014 09:55:59 +0000 liner Saade adds OPDR http://www.tradewindsnews.com/liner/349610/Saade-adds-OPDR French giant CMA CGM has confirmed its takeover of German line OPDR after rumours grew of an imminent deal this week. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/349610/Saade-adds-OPDR Wed, 26 Nov 2014 09:22:29 +0000 liner Vinalines raising $15m http://www.tradewindsnews.com/finance/349608/Vinalines-raising-15m An auction of Vietnamese state shipowner Vinalines' stake in a domestic bank could raise about $15m. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349608/Vinalines-raising-15m Wed, 26 Nov 2014 07:27:33 +0000 finance Matson hikes rates http://www.tradewindsnews.com/liner/349607/Matson-hikes-rates US container line Matson is slapping $225 per teu on to the price of its Hawaiian and Guam services. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/349607/Matson-hikes-rates Wed, 26 Nov 2014 07:16:45 +0000 liner Aurora rides rates wave http://www.tradewindsnews.com/gas/349599/Aurora-rides-rates-wave Aurora LPG has reported a strong third quarter performance as it continues to take advantage of strong LPG rates. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/349599/Aurora-rides-rates-wave Wed, 26 Nov 2014 06:29:43 +0000 gas PACD gets thumbs up http://www.tradewindsnews.com/offshore/349596/PACD-gets-thumbs-up Pacific Drilling (PACD) shareholders have approved a buyback program of up to 8m shares at its extraordinary general meeting (EGM). dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/349596/PACD-gets-thumbs-up Wed, 26 Nov 2014 05:11:45 +0000 offshore Oceaneering fixes Pride http://www.tradewindsnews.com/offshore/349594/Oceaneering-fixes-Pride Oceaneering International has fixed a subsea support vessel from Norwegian-US joint venture Island Offshore. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/offshore/349594/Oceaneering-fixes-Pride Wed, 26 Nov 2014 04:07:48 +0000 offshore HMLP makes good start http://www.tradewindsnews.com/gas/349590/HMLP-makes-good-start Hoegh LNG Partners has made a positive start to its life as a US listed company with an 18% increase in net profit. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/gas/349590/HMLP-makes-good-start Wed, 26 Nov 2014 02:01:08 +0000 gas Africa links expanded http://www.tradewindsnews.com/liner/349589/Africa-links-expanded Evergreen is set to double frequency of sailings between Asia and East Africa to offer a more comprehensive service on the trade. dale.wainwright@tradewindsnews.com (Dale Wainwright) http://www.tradewindsnews.com/liner/349589/Africa-links-expanded Wed, 26 Nov 2014 00:13:39 +0000 liner FRO's deafening silence http://www.tradewindsnews.com/finance/349587/FROs-deafening-silence It appears that Frontline has launched a campaign to shore up its balance sheet but management has been tight-lipped about how the owner intends to cure its financial maladies. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/349587/FROs-deafening-silence Tue, 25 Nov 2014 22:22:41 +0000 finance Blaustein mourned http://www.tradewindsnews.com/andalso/349586/Blaustein-mourned Former colleagues are mourning the death of Henry Blaustein, a former executive with companies including OMI Corp, ZIM and Zodiac Maritime. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/andalso/349586/Blaustein-mourned Tue, 25 Nov 2014 20:35:16 +0000 andalso Silver lining for Aegean http://www.tradewindsnews.com/finance/349581/Silver-lining-for-Aegean The collapse of Aegean Marine Petroleum’s largest competitor and other changes in the world of marine fuel could usher in an unprecedented era of prosperity for the company in the coming months, a leading equity analyst told investors Tuesday. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/finance/349581/Silver-lining-for-Aegean Tue, 25 Nov 2014 19:21:34 +0000 finance NCL acquires cruiseship http://www.tradewindsnews.com/shipsales/349579/NCL-acquires-cruiseship Norwegian Cruise Line Holdings (NCL) has acquired a cruiseship from an affiliate of Carnival Corp. aaron.kelley@tradewindsnews.com (Aaron Kelley) http://www.tradewindsnews.com/shipsales/349579/NCL-acquires-cruiseship Tue, 25 Nov 2014 17:09:45 +0000 shipsales Clarksons sights further growth http://www.tradewindsnews.com/finance/349577/Clarksons-sights-further-growth Clarksons' purchase of RS Platou is not the end of the expansion story at the world’s leading shipbroker, its chief executive says. andy.pierce@tradewindsnews.com (Andy Pierce) http://www.tradewindsnews.com/finance/349577/Clarksons-sights-further-growth Tue, 25 Nov 2014 17:07:07 +0000 finance Ship banned for two years http://www.tradewindsnews.com/casualties/349576/Ship-banned-for-two-years A cargoship has been barred from Paris MoU countries for two years after it left a port in Rhodes without complying with port state control conditions. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/349576/Ship-banned-for-two-years Tue, 25 Nov 2014 15:48:19 +0000 casualties Zakher banking $420m http://www.tradewindsnews.com/finance/349574/Zakher-banking-420m UAE owner Zakher Marine International has clinched a $420m loan to finance an 18-ship newbuilding spree. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/finance/349574/Zakher-banking-420m Tue, 25 Nov 2014 15:30:14 +0000 finance Takeover one step closer http://www.tradewindsnews.com/finance/349572/Takeover-one-step-closer Bondholders have approved a call option to buy back a NOK 500m ($46m) bond issue if the takeover of Hurtigruten finally succeeds. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/finance/349572/Takeover-one-step-closer Tue, 25 Nov 2014 15:14:00 +0000 finance SFL ups dividend http://www.tradewindsnews.com/liner/349571/SFL-ups-dividend Ship Finance International has boosted its dividend after recording an improved third quarter performance. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/liner/349571/SFL-ups-dividend Tue, 25 Nov 2014 14:22:39 +0000 liner DCIX boosts DSX http://www.tradewindsnews.com/drycargo/349570/DCIX-boosts-DSX Greek bulker owner Diana Shipping (DSX) has beaten analysts’ expectations by posting a profit in the third quarter, propelled by a gain from its investment in Diana Containerships (DCIX). gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/349570/DCIX-boosts-DSX Tue, 25 Nov 2014 13:55:12 +0000 drycargo SAL enters wind sector http://www.tradewindsnews.com/offshore/349566/SAL-enters-wind-sector K Line-controlled SAL Heavy Lift has been contracted for pile installation work in the Baltic Sea for the Wikinger wind farm. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/349566/SAL-enters-wind-sector Tue, 25 Nov 2014 12:33:05 +0000 offshore Discount for Eimskip http://www.tradewindsnews.com/liner/349568/Discount-for-Eimskip Icelandic line Eimskip has again knocked down the price of a delayed boxship newbuilding as it announced its best quarterly profit since 2009. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/liner/349568/Discount-for-Eimskip Tue, 25 Nov 2014 12:28:46 +0000 liner Double for Zhong Chuan http://www.tradewindsnews.com/drycargo/349567/Double-for-Zhong-Chuan Zhong Chuan Heavy Industry Shipbuilding of Zhoushan has won a new order for two multipurpose cargoships. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/drycargo/349567/Double-for-Zhong-Chuan Tue, 25 Nov 2014 11:57:22 +0000 drycargo Topaz on the rise http://www.tradewindsnews.com/offshore/349562/Topaz-on-the-rise Fleet expansion plans have borne fruit for Topaz Energy and Marine as net earnings for the third quarter went up by almost one fifth. n_roumpis@nhst.no (Nikolaos Roumpis) http://www.tradewindsnews.com/offshore/349562/Topaz-on-the-rise Tue, 25 Nov 2014 11:46:57 +0000 offshore Masters exposed http://www.tradewindsnews.com/casualties/349565/Masters-exposed Seafarers’ Rights International (SRI) has warned that merchant ships could be forced to rescue more and more migrants in the Mediterranean due to European budget cuts. gary.dixon@tradewindsnews.com (Gary Dixon) http://www.tradewindsnews.com/casualties/349565/Masters-exposed Tue, 25 Nov 2014 11:27:59 +0000 casualties