TradeWinds | Latest shipping and maritime news

Female seafarer dies after ropax capsizes in the Philippines Capesize bulkers have strong week in 'super-squeeze' market Lloyd's Register buys ship data intelligence company GreenSteam Container freight rates climb on transpacific despite carrier caps Shipowners warned that pirate attack is imminent in Gulf of Guinea Fleet Management boss calls for vaccines and visas to ease crew change Leading Grindrod shareholders cash in stock worth nearly $25m Atrium and Skuld make key underwriting hires in London Cosco ships China's first carbon-neutral crude cargo for Sinopec Poseidon Principles ready to raise its emissions compliance standards

Genco Shipping plots scheme to carry containers on bulker fleet

Female seafarer dies after ropax capsizes in the Philippines

Capesize bulkers have strong week in 'super-squeeze' market

LNG carriers fixed on multi-year deals as charterers hoover up tonnage

Cruise and Ferry

Carnival posts seventh straight quarterly loss amid historic bookings

Analysis

Time lag: Recovery in US product imports not yet boosting clean tanker rates

Arne Blystad cashes in MPCC shares to raise $2m as he rebuilds fleet

'Real optimism' as VLCC rates to China hit highest level since January

Hanse Bereederung: Containership supercycle to stretch into 2026

Vernicos Scafi venture buys tug fleet of Greece’s Karapiperis

Hoegh LNG Partners strikes charter deal with New Fortress for FSRU

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Insight & Opinion

Hanse Bereederung: Containership supercycle to stretch into 2026

Fearnleys: Gas spike could boost tankers if crude producers step up

Lightship CEO: Shipbrokers will consolidate or could even go public

Comment

Culture shift needed in shipping to stem brain drain and woo fresh talent

Editor's Selection

Editor's Selection: Dry bulk boom, carbon choices and optimistic brokers as the bull market charges on

Samsung’s late entry to newbuilding party could prove a winner, says Affinity

Strategy

International Seaways will grow only for 'extremely tactical' deal

Iron ore shipping costs may 'force air pocket' over capesize bulker spot rates

Braemar: 'Alarming' Chinese economy raises bulker demand questions

Don't go for IPO unless you're ready to 'show everybody everything'

Four VLCCs head for recycling but it is not the beginning of a tanker scrapping charge

Berge Bulk: Boom time for dry bulk should last for another two years

Shell’s Trauth: LNG can reduce up to 80% of greenhouse gas emissions

Investor Ned Sherwood tells Frangou it is time to talk: We're not big, bad guys

Veteran investor Sherwood has been through tough scraps before

Maersk CEO Soren Skou calls for fossil-fuelled ships to be phased out

Don’t blame lines for container shipping crisis, says Soren Toft

Analysis

European coal burn to switch up trades for bulk carriers

‘It's the green economy, stupid!' London City mayor says finance will back agenda

Former UK secret service head warns of geopolitical threat to shipping

Auction of former Marvin and IRISL tankers cancelled in Rotterdam

Read the e-paper

China fuels bulker S&P boom; newbies 'save Christmas'; Qatar's yard berth raid

Editor's Selection

Dry bulk boom, carbon choices and optimistic brokers as the bull market charges on

Lightship CEO: Shipbrokers will consolidate or could even go public

Newbuildings

Atlantska orders up to four kamsarmaxes as fleet renewal kicks off

Petrobras' shipping chief Gustavo Raposo quits after a year

Samskip buys shortsea line Sea Connect to boost Baltic reach

INterview

Ingerslev says even biggest owners can benefit from consolidation

LNG

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LNG carriers fixed on multi-year deals as charterers hoover up tonnage

Hoegh LNG Partners strikes charter deal with New Fortress for FSRU

New Fortress takes out $725m loan against its shipping fleet

Owners of dual-fuel ships switch from LNG to fuel oil as gas price hike bites

Soaring European gas demand expected to cut tonne-miles for LNG carriers

KARMOL emerges in pole position for New Caledonia FSRU job

New rules bring LNG sector to a fork in the road

Qatar lines up first yard slots for LNG newbuilding haul

Methane slip moves into the mainstream in newbuilding discussions

TotalEnergies enlists Nautilus Labs for LNG carrier efficiency drive

First FSRU takes Arctic Sea route westbound to Sabetta

MOL orders LNG newbuilding quartet at DSME for Novatek charters

LNG carrier design aimed at meeting carbon rules into 2050

Capital Product Partners breaks down charter details on newest LNG carriers

Shell’s Trauth: LNG can reduce up to 80% of greenhouse gas emissions

Stage set for repeat LNG carrier winter rates spike, Poten says

Analysis

Tale of two gas markets: LNG shipping strengthens but LPG weaker

Celsius Shipping in talks with BP over charters for latest LNG newbuilding quartet

LNG owners prepare for EEXI and CII rules as IACS deliberates final figures

Charter contract questions emerge as LNG carriers face EEXI and CII

Interview

Genco Shipping begins a new chapter under veteran leader Wobensmith

Carbon air capture: Maersk takes a stake in US electrofuels operation

New funding set to propel AYRO's Oceanwings to market

Norway's Knutsen scraps another shuttle tanker, as others eye high demo prices

Thailand plots national shipping line to tackle containership shortage

Getting to Zero members reveal their carbon credentials

ESG

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Poseidon Principles ready to raise its emissions compliance standards

Carbon air capture: Maersk takes a stake in US electrofuels operation

New funding set to propel AYRO's Oceanwings to market

Lloyd's Register buys ship data intelligence company GreenSteam

Mark O'Neil on shipping's carbon summit: 'Too little, too late'

Cosco ships China's first carbon-neutral crude cargo for Sinopec

Getting to Zero members reveal their carbon credentials

Shell books fully electric ferries for use in Singapore in ‘global’ first

ESL heads to India for six hybrid electric bulker newbuildings

Comment

Culture shift needed in shipping to stem brain drain and woo fresh talent

'Technically feasible': Tufton pledges investment in zero-carbon retrofits before 2030

Shipping leaders demand governments target zero emissions by 2050

Airbus asks for shipping’s help so hydrogen-fuelled planes can take off

MSC orders 30 air bubble systems from Silverstream

Societe Generale finances Clarksons Platou's hybrid PSV conversion

NYK Line buys into Australian forestry outfit to offset emissions

K Line jumps on LNG-fuelled car carrier bandwagon

Stena Line plots world's first fossil fuel-free ropaxes by 2030

ITF joins United Nations in its battle against climate change

Trafigura sells its cheapest perpetual bond in over-subscribed $400m deal

Capesize bulkers top $61,000 per day for the first time since 2008

Online ship supplier targets UK coastal and shortsea trades

Austal begins search for new chief financial officer

Poseidon Principles ready to raise its emissions standards

Jefferies supplies the optimism for extended bull run in shipping markets

Dubai dissolves Emirates Maritime Arbitration Centre

Interview

Genco Shipping begins a new chapter under veteran leader Wobensmith

Genco seeks to convince investors its dividends are here to stay

Genco Shipping plots scheme to carry containers on bulker fleet

Investor Ned Sherwood tells Frangou it is time to talk: We're not big, bad guys

Veteran investor Sherwood has been through tough scraps before

Karl Fredrik Staubo sets about delivering at Golar LNG

Hannisdahl says Frontline could make takeover move in undervalued tanker sector

Hafnia's Skov says weak product sector will lead tanker recovery

DNV future fuels report fires up heated carbon debate

'Astonishing' order boom drives car carrier newbuild prices ever upwards

Timing was right for bulker exit, Sovcomflot's Kolesnikov says

Radziwill: Cape rates to top $50,000 in 'the crazy world we live in'

‘We don’t want to see crazy times again,’ says Hamburg Commercial Bank's Rohr

'We don't care who made it — we can analyse it', claims data guru

‘Fit for 55’ unfit for shipping, Cyprus shipping chamber says

ABN Amro chief explains call to sell $700m US book

IMC Shipping: traditional shipowner turns nimble asset-light operator

Banking old hands on waking the ‘sleeping beauty’ of ship finance

Ince's Clark believes shared love of punk will win over Shapps to Windrush monument

Hayfin Capital’s Greenheart shipping desk sets out growth plans

Navigator's Butters bows out after 13 years following Ultragas deal

Sinogas expands Chinese order for world's biggest dual-fuel VLGCs

Lloyd's Register buys ship data intelligence company GreenSteam

Container freight rates climb on transpacific despite carrier caps

Genco seeks to convince investors its dividends are here to stay

Ship Management

Mark O'Neil on shipping's carbon summit: 'Too little, too late'

People

Navigator's Butters bows out after 13 years following Ultragas deal

Clarksons making shares worth $3.7m available for staff saving schemes

Monjasa takes on 10 trainees after being swamped with applicants

Astrup Fearnley ownership to be opened to brokers, says Hermansen

Agricore grows with Clarksons broker and Bocimar capesize

Graig Shipping heads for the hills with charity cycle

Lloyd’s of London opens up on gender and ethnic diversity

Bengal Tiger Line's tournament tees off under 'golf and go' rules

No Time To Tie Up Boxship Capacity: James Bond films with CMA CGM

Greek banker and Okeanis director George Aronis dies aged 63

Marius Hermansen says atmosphere 'electric' as Astrup Fearnley turns to youth

De Chateauvieux walks away from shipping as Evergas fleet put up for sale

'Still in trauma': seafarer relives violent pirate attack on PSV

Shipping fantasy football league grows as broker Hintz takes lead

Affinity (Shipping) boss Fulford-Smith sees pay jump as profit soars 66%

Ship management sector mourns death of Goodwood founder Ashok Sabnis

Former broker Peter Anker sees investment income rise in pandemic year

Shipping 'staple' Peter Sand leaving Bimco to join Xeneta

Lim Oon Kuin’s Singapore luxury pad put up for grabs by Hin Leong Trading liquidators

Trouble in 'Angeliki-land': activist investor blasts Frangou after merger

Owners of dual-fuel ships switch from LNG to fuel oil as gas price hike bites

Maersk Tankers switches strategy as Synergy buys technical management business

Shipowners warned that pirate attack is imminent in Gulf of Guinea

US shipowners seek to fight off Viking raid on domestic market

Analysis

Containerships at any price? Lines 'don't care' amid high spot rates

Leading Grindrod shareholders cash in stock worth nearly $25m

Boxships

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Carbon air capture: Maersk takes a stake in US electrofuels operation

Samskip buys shortsea line Sea Connect to boost Baltic reach

Arne Blystad cashes in MPCC shares to raise $2m as he rebuilds fleet

Container freight rates climb on transpacific despite carrier caps

Seaspan strikes $860m deal for containership newbuildings at SWS

Cape Shipping linked to record $130m secondhand containership sale

Containership newbies charter vessels to 'save Christmas'

MSC orders 30 air bubble systems from Silverstream

Don’t blame lines for container shipping crisis, says Soren Toft

Shipowner trio inks $270m worth of feeder containership orders in China

CMA CGM takes bullet in rate war but gets to be hero, broker says

Ikea takes aim at 'dirty' shipping in new advert

MSC launches bid for Brazilian cabotage operator Log-In Logistica

Coustas family invests another $25m in containership owner Danaos Corp

Peak season brings records as container lines freeze freight rates

AP Moller-Maersk adds billions to blockbuster profit guidance

MSC spends over $200m on three more secondhand containerships

OOIL and Zhonggu Logistics raising $870m to fund containership orders

X-press Feeders plans new generation of ‘future proof’ containerships

Video

Feeder containership holed in collision with coal barge off Indonesia

Ship Management

Seafarers need vaccinations and visas, Fleet Management boss says

Acta Marine charters out SOV to work on France's first offshore wind farm

Fearnleys: Gas spike could boost tankers if crude producers step up

Atrium and Skuld make key underwriting hires in London

Wah Kwong returns to bulker newbuildings with New Dayang ultramax order

Shell books fully electric ferries for use in Singapore in ‘global’ first

Business Focus

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Asia shipping confidence powers ahead

Iyo Bank profits by reaching out to non-Japanese players

Shipowners of Shenzhen look for boost from new fund

Offshore wind gives new impetus to reborn Singapore OSV player

Asia Maritime powers ahead in face of mixed markets and Covid-19

Maritime Asia

Singapore shipyards look to reap rewards of US offshore wind push

Spotlight

Australia’s Southern Green Gas unveils plans to produce synthetic LNG at scale

Spotlight

Wagstaff waves the flag for a more diverse London insurance market

Spotlight

Gallagher says shipowners can still be choosy in tighter insurance market

Spotlight

Cargo insurers feel the pain of growing containership casualties

Spotlight

Marine insurance emerges from the pandemic in a better place

Spotlight

Marine insurance outlook is brightening on road to recovery

Daughters push on as Greek shipping moves with a changing world

The Greeks’ winning secret? They prosper as masters of adaptation

Shipping legends leave imprint on Greek culture

Breaking blockades: It’s almost a national pastime for Greek shipping

Norway

Norwegian Hull Club looks to correct gender imbalance

Norway

EU taxonomy to change ESG finance scene in Oslo

Norway

Fred Olsen Windcarrier keeps older ships running to cut carbon

Why Norwegian shipowners are beefing up ESG reporting

Cosco ships China's first carbon-neutral crude cargo for Sinopec

Paris MOU hands corroded cargoship three-month port ban

Inactive containership fleet builds but does not signal drop in demand

S&P

Orix sheds bulker sextet after ordering extra-large ultramaxes

Clean Marine arrests Delta Tankers VLCC in Singapore

Eastern Pacific boosts dual-fuel car carrier orderbook at Jinling

Coronavirus

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BHP: Supply chain congestion is eating up 15% of global bulker capacity

Decarbonisation R&D urged to take inspiration from vaccines

Pandemic leading to increase in near-miss shipping casualties

Seafarer shortage: shipowners warned of existential threat after pandemic

CMA CGM invests in Brittany Ferries to aid its Covid-19 recovery

As calls for vaccine mandates grow, shipping mostly keeps it optional

'Massive impact': UK law review and Covid-19 fuelling digital trade

Comment

While US mandates vaccines, seafarers who want a jab still can't get it

Maritime Cyprus event cancelled as Covid-19 continues to bite

Greek shipowner takes Western Bulk to court over Covid-19 charter dispute

Unions and employers agree 4.5% Covid-19 pay rise for seafarers

Seafarers vaccinated against Covid-19 close to 22%, says Neptune Declaration

Carnival and Princess Cruises still fighting Covid-19 lawsuits

China issues crew change bans against nine ship managers in Covid-19 crackdown

Short period charters for tankers emerge amid renewed virus outbreaks

ICS warns trained officer crisis could become unmanageable

Momentum is building for international seafarer vaccination

Crew on quarantined boxship have Delta variant of Covid-19

Blystad tanker seafarers hit by Covid-19 outbreak

Bulker crew members hospitalised and outbreak hits tanker despite jabs

COP26

Shipping leaders demand governments target zero emissions by 2050

CW Kellock tasked with private auction after survey ship fails to find buyer

Strategy

International Seaways will grow only for 'extremely tactical' deal

Shipping analysts 'not very worried' about Evergrande's debt woes

Docker suffered 'catastrophic' injuries after being crushed by Briese MPP's crane

Comment

Culture shift needed in shipping to stem brain drain and woo fresh talent

Offshore

CW Kellock tasked with private auction after survey ship fails to find buyer

Acta Marine charters out SOV to work on France's first offshore wind farm

Analysis

Clarksons sees 'cautious optimism' for OSVs but new orders still some way off

Boa Offshore says oil and gas activity set for 10% jump next year

Societe Generale finances Clarksons Platou's hybrid PSV conversion

Will KKR takeover solve costly FPSO problem for Ocean Yield?

Aker eyes option to increase payout from Ocean Yield sale

Kongsberg Digital clinches deals with Shell and Island Offshore

'Still in trauma': seafarer relives violent pirate attack on PSV

BW Offshore brings in Macquarie and Itochu to fund $4.6bn FPSO deal

Vroon wins Saudi Arabian pollution response deal for anchor-handlers

UOB Kay Hian turns positive on Sembcorp Marine with stock upgrade

KKR to take Ocean Yield private as Kjell Inge Rokke cashes out in $829.5m takeover

DOF tries to quell revolt by small shareholders facing restructuring wipeout

Missing PSV engineer was thrown overboard in battle with pirates

Eidesvik Offshore says speculative SOV orders are depressing rates

James Fisher in talks to sell remaining subsea ship as part of review

Eidesvik teams with Aker BP to cut PSV emissions by 70%

DOF inches nearer to $2bn refinancing as deal with rebel bank closes

OHT's Ramstad says Subsea 7 merger is 'a marriage made in heaven'

Iron ore shipping costs may 'force air pocket' over capesize bulker spot rates

Litigation

Trogir Maritime claims Blystad reneged on charter of arrested tanker

Oldendorff and Braemar fix biggest log carriers ever to call in New Zealand

Clarksons making shares worth $3.7m available for staff saving schemes

Ocean Yield spending $1m to win bondholders' blessing for KKR takeover

New Fortress takes out $725m loan against its shipping fleet

Jobs

Dry Shipbroker(s)

Dry Shipbroker(s)

HB Shipping SRL

Tanker Data Analyst – Part-Time and Full-Time applications considered

Tanker Data Analyst – Part-Time and Full-Time applications considered

Howe Robinson Partners (UK) Ltd

WE ARE HIRING Experienced Shipbrokers

WE ARE HIRING Experienced Shipbrokers

Legal Counsel - Chartering & Operations (Hong Kong)

Legal Counsel - Chartering & Operations (Hong Kong)

Pacific Basin Shipping (HK) Limited

Director of Sales

Director of Sales

NHST Media Group

Broker (Gas / Chemical), London

Broker (Gas / Chemical), London

Zodiac Maritime Ltd.

Account Manager

Account Manager

NHST Global Publications

Dry Bulk Operator (M/F), Singapore

Dry Bulk Operator (M/F), Singapore

CLdN Cobelfret Pte Ltd