RSS for Tradewinds, Tankers

Lundh’s chemical coup

Aaron Kelley — Fri, 10 Feb 2012 20:36:41 GMT

Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.

Iran facing shipping squeeze

Gary Dixon — Fri, 10 Feb 2012 16:07:33 GMT

Trade dwindling as Maersk and Hapag-Lloyd among those pulling out due to US and EU sanctions.

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.

Blast from the past

Andy Pierce — Fri, 10 Feb 2012 11:07:52 GMT

Former Teekay man Paul Wogan returns to where it all began after taking up a senior role with IPO hopeful GasLog

GE earnings cut

Gary Dixon — Fri, 10 Feb 2012 13:41:05 GMT

Weaker bulker markets in third quarter sees Indian owner's profit chopped, but tankers improve.

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.

Trafigura in Sudan row

Gary Dixon — Fri, 10 Feb 2012 10:23:16 GMT

Swiss trader denies shipping "stolen" South Sudanese crude on India Steamship aframax.

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.

Chandris torches tanker

Trond Lillestolen — Thu, 09 Feb 2012 16:54:22 GMT

Diversified Greek shipowner poised to make $8m as 1995-built vessel sails to beaches of Alang.

Ivar Lundh targets expansion

Aaron Kelley — Thu, 09 Feb 2012 18:46:17 GMT

Swedish shipbroker celebrates centennial by spinning off management wing in a bid to cash in on chemical tanker upswing.

Bad timing on deliveries

Gary Dixon — Thu, 09 Feb 2012 07:27:37 GMT

January saw the highest number of new VLCCs enter the market since 1975.

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.

Bosporus faces big delays

Gary Dixon — Thu, 09 Feb 2012 11:37:42 GMT

Key Turkish strait could be shut to all vessels for up to three days due to snowstorms.

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.

Terminal downer for Odfjell

Andy Pierce — Thu, 09 Feb 2012 09:32:38 GMT

Nordea drops its buy tag on Oslo-listed owner after Rotterdam project dents profit.

Skaugen joins bond blitz

Andy Pierce — Thu, 09 Feb 2012 09:07:41 GMT

Norwegian owner adds its name to the list of companies cashing in on a blistering hot Oslo bond market.

Gemini confirms Diamond deal

Gary Dixon — Thu, 09 Feb 2012 09:32:39 GMT

Teekay and Konig suezmax pool welcomes Craig Stevenson's new venture on board.

Knightsbridge may trim divi

Dale Wainwright — Thu, 09 Feb 2012 06:02:11 GMT

Concerns about older VLCCs coming off charter prompt Dahlman Rose to raise potential of reduced payout.