RSS for TradeWinds

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.

Scorpio shuffles the pack

Dale Wainwright — Wed, 22 Feb 2012 01:04:17 GMT

Monaco-based tanker owner adds to orderbook, charters in fresh tonnage and confirms three ship disposals.

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.

OOCL poised for Thai tie-up

Dale Wainwright — Thu, 23 Feb 2012 00:40:24 GMT

Hong Kong liner giant to launch China-Bangkok service in partnership with Regional Container Lines.

Aussie ports face shake up

Dale Wainwright — Thu, 23 Feb 2012 00:15:52 GMT

Western Australian government set to overhaul port authority structure in bid to improve efficiencies.

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.

Allied fuel dispute ignites

Aaron Kelley — Wed, 22 Feb 2012 22:31:15 GMT

Globus Maritime forced to pay Dimitris Marinis-controlled charterer’s overdue bunker bills following supramax seizure.

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.

ADM inks alliance

Aaron Kelley — Wed, 22 Feb 2012 16:00:28 GMT

US agricultural titan teams up with Wilmar International in a bid to enhance purchasing power and improve fleet management.

Four more bodies found

Gary Dixon — Wed, 22 Feb 2012 15:15:22 GMT

Divers begin operation to recover more victims of Costa Concordia tragedy off Italy.

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.

SPO snatches Seabed

Gary Dixon — Wed, 22 Feb 2012 12:22:47 GMT

Singapore offshore player takes over Hans Martin Gravdal’s one-vessel operation.

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.

Red river rushes over MISC

Gary Dixon — Wed, 22 Feb 2012 11:56:44 GMT

Malaysian shipping giant hit by $1.22bn swing in nine-month result as imminent boxship exit pushes it to big loss.

Excel takes another haircut

Dale Wainwright — Wed, 22 Feb 2012 05:54:56 GMT

Gabriel Panayotides-led owner forced to accept lower charter-hire rates on another of its larger bulkers.