RSS for Tradewinds, Finance

RLOG on the up

Aaron Kelley — Fri, 10 Feb 2012 18:09:49 GMT

Great Lakes bulker specialist predicts another profitable year as expanded fleet lifts bottom line.

Full circle for finance man

Bob Rust — Fri, 10 Feb 2012 16:10:40 GMT

Investment banker Kevin O'Hara has rejoined New York boutique firm AMA Capital Partners after seven years.

Strike three for Saverys

Andy Pierce — Fri, 10 Feb 2012 15:58:32 GMT

Shipowner Marc Saverys continues to sell off stock in shipbroker Clarksons.

Tough end for ASL Marine

Jason O'Connell — Fri, 10 Feb 2012 15:21:48 GMT

Singapore-listed offshore company sees revenue and earnings sliced by a quarter in the final period of 2011.

Dividend chop just the start

Andy Pierce — Fri, 10 Feb 2012 15:04:29 GMT

Axing of shareholder payouts at OSG may need to be accompanied by asset sales, analyst says.

BLT has some backing

Andy Pierce — Fri, 10 Feb 2012 13:36:06 GMT

Creditors are being supportive of Indonesian owner’s restructuring efforts, says Kevin Wong.

FSL demands BLT return

Jason O'Connell — Fri, 10 Feb 2012 09:57:24 GMT

Singapore-listed shipping trust recalls three chemical tankers from stricken Indonesian owner following default.

Tokyo Kisen earnings halved

Gary Dixon — Fri, 10 Feb 2012 09:06:12 GMT

Japanese tug player suffers another big drop in profit over first nine months.

Blackrock ups DHT stake

Dale Wainwright — Fri, 10 Feb 2012 06:49:35 GMT

Major US hedge fund has moved to bolster its stake in Svein Moxnes Harfjeld-led tanker owner.

OSG cuts quarterly dividend

Dale Wainwright — Fri, 10 Feb 2012 02:53:08 GMT

Morten Arntzen-led tanker owner cuts payout to investors to preserve liquidity and maintain financial flexibility.

Grand China feuds ignite

Aaron Kelley — Thu, 09 Feb 2012 16:17:44 GMT

Norden and Oldendorff join fight to claw back cash from embattled Asian operator as judge orders asset freeze.

Hijack sends FREE spinning

Andy Pierce — Thu, 09 Feb 2012 16:16:36 GMT

Nasdaq-listed owner sees market value drop by close to one tenth after one of its handies is snatched by Somali pirates.

Maersk cuts ship spending

Andy Pierce — Thu, 09 Feb 2012 15:48:11 GMT

AP Moller reveals more modest spending plans for its tanker and boxship arms as it battles cash burn.

EMGS pulls in record profit

Jason O'Connell — Thu, 09 Feb 2012 14:44:33 GMT

Oslo-listed seismic owner roars back from big deficit last year to card a personal best.

Toei sees rates thaw

Gary Dixon — Thu, 09 Feb 2012 13:51:56 GMT

Japanese reefer owner expecting profitable fourth quarter despite nine-month losses widening.

AQR dumps Omega shares

Andy Pierce — Thu, 09 Feb 2012 11:51:01 GMT

Connecticut-based fund flogs remaining interest in George Kassiotis-led tanker owner.

Two out of three aint bad

Andy Pierce — Thu, 09 Feb 2012 11:30:08 GMT

JP Morgan shifts MOL and NYK out of neutral but K Line misses out on the fun.

TGS sees strong 2012

Jason O'Connell — Thu, 09 Feb 2012 11:24:14 GMT

Norwegian seismic outfit has positive outlook despite fourth quarter earnings drop.

Franklin ups OSG anti

Andy Pierce — Thu, 09 Feb 2012 10:32:14 GMT

Hedge fund boosts stake in New York-quoted tanker owner to around one tenth.

CSDC suffers ‘sell’ call

Dale Wainwright — Thu, 09 Feb 2012 08:45:48 GMT

Analysts at Singapore’s UOBKayHian downgrade China Shipping offshoot due to lack of positive catalysts.