RSS for Tradewinds, Finance

Scorpio hit by write downs

Dale Wainwright — Thu, 23 Feb 2012 04:04:34 GMT

Monaco-based tanker player is the latest owner to take a substantial charge due to declining vessel values.

Vitol revenues set new record

Dale Wainwright — Thu, 23 Feb 2012 02:13:58 GMT

Rising oil prices boost results at giant oil trader and one of the world’s largest charterers of tanker tonnage.

Genco tip bears fruit

Aaron Kelley — Wed, 22 Feb 2012 23:42:09 GMT

Dahlman prophecy on point as US-listed bulker owner turns to capital markets for cash to cut loan repayments.

Sterne guru survives the cut

Aaron Kelley — Wed, 22 Feb 2012 19:53:56 GMT

New York shipping sage shifts gears as another US investment bank torpedoes coverage of stocks tied to troubled sectors.

NOL to swing the axe

Andy Pierce — Wed, 22 Feb 2012 15:03:09 GMT

Massive cost cuts on the way following Singapore-listed containership owner’s deepest ever quarterly reversal.

Creditors blast GMR bailout

Aaron Kelley — Wed, 22 Feb 2012 17:12:42 GMT

Peter Georgiopoulos-led tanker owner under fire as lawyers attempt to sink Oaktree-backed reorganisation proposal.

Ezion to tap markets?

Jason O'Connell — Wed, 22 Feb 2012 17:08:32 GMT

Singapore-listed offshore owner tipped to launch fundraiser as it eyes expansion.

Ezion bags another

Jason O'Connell — Wed, 22 Feb 2012 09:54:14 GMT

Singapore-listed owner secures a service rig deal worth over $100m as it announces a successful year.

Miclyn Express on the march

Jason O'Connell — Wed, 22 Feb 2012 14:29:00 GMT

ASX-listed offshore owner continues charge with a huge rise in earnings and sales across the board.

Genco tipped for funding run

Andy Pierce — Wed, 22 Feb 2012 12:09:42 GMT

New York-listed bulker owner could look for $50m equity issue to help with loan repayments, analyst says.

Sevan Marine chops deficit

Jason O'Connell — Wed, 22 Feb 2012 12:05:07 GMT

Oslo-listed FPSO company posts better numbers in the final period as it nears the end of financial overhall.

Genco dodges deficit

Aaron Kelley — Wed, 22 Feb 2012 00:15:13 GMT

Peter Georgiopoulos-backed bulker owner beats Wall Street bets after squeezing out modest quarterly profit.

Fain sells RCCL stock

Andy Pierce — Wed, 22 Feb 2012 11:15:51 GMT

CEO offloads $2m worth of shares in cruiseship owner to help pay a tax bill.

NOL suffers Q4 bloodbath

Andy Pierce — Wed, 22 Feb 2012 10:18:32 GMT

Singaporean container line sees near $1bn negative shift in its full-year bottom line following fourth quarter horror show.

Asciano expects better

Gary Dixon — Wed, 22 Feb 2012 10:07:37 GMT

Australian ports and rail group eyes second-half earnings increase after stronger first six months.

Jefferies boosts Pac Basin

Andy Pierce — Wed, 22 Feb 2012 09:33:44 GMT

Hong Kong-listed owner handed a buy tag amid expectations its bulkers will turn a profit in a terrible market.

ACM drops on Platou rebuff

Dale Wainwright — Wed, 22 Feb 2012 05:15:17 GMT

Shares in the London tanker broker slide after it knocks back potential takeover bid from Norwegian rival.

Baltic Trading profits halve

Dale Wainwright — Wed, 22 Feb 2012 04:08:03 GMT

Despite fourth quarter profit capesize and small bulker player ends year in red as weaker rates take their toll.

Danaos sheds the red

Aaron Kelley — Tue, 21 Feb 2012 22:08:14 GMT

New York-quoted containership owner’s quarterly profit overshadowed by chief executive’s grim market forecast.

Seypec "financially sound"

Gary Dixon — Tue, 21 Feb 2012 14:48:15 GMT

Indian Ocean tanker owner says it will “forge on” despite racking up losses from tough markets.