TradeWinds | Latest shipping and maritime news

$300,000-a-day VLCC after attack? Good days are gone for tanker owners Supramax bulker market hits highest level since 2008 Analysts seek answers: exactly how liquid is Scorpio Tankers and is Eneti just all wind? Stabilis Solutions targets US LNG bunkering move as it teams with Galveston port Hijacked tanker's call to coastguard: 'People on board with ammunitions' Peter Dohle secures record fixture as new faces enter small containership sector Royal Caribbean posts sixth-straight quarterly loss amid return to service Squire Patton Boggs poaches Clyde team to boost London presence Clarksons unit sees boxship slowdown ahead despite Maersk outlook Japanese and Greek owners fix tanker period charters at ‘meagre’ rates

$300,000-a-day VLCC after attack? Good days are gone for tanker owners

Peter Dohle secures record fixture as new faces enter small containership sector

Supramax bulker market hits highest level since 2008

S&P

Economou linked to purchase of Cara Shipping capesize pair

Analysts seek answers: exactly how liquid is Scorpio Tankers and is Eneti just all wind?

Hijacked tanker's call to coastguard: 'People on board with ammunitions'

Stabilis Solutions targets US LNG bunkering move as it teams with Galveston port

Ship recyclers under siege after spate of beached tanker arrests

Tanker attack

New leaders and drones: A new chapter in the shadow war

Shipping Corp of India plans to demerge inland and coastal business

Clarksons unit sees boxship slowdown ahead despite Maersk outlook

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Insight & Opinion

Gulf shipping put on red alert following deadly attack on Zodiac tanker

Tanker ‘eco’ and scrubber premiums reach highest level since early 2020

Pacific Basin posts best first-half results in more than a decade

South Korea's K Shipbuilding eyes smart technology for competitive edge

Outlook

Polys Hajioannou expects dry bulk's bull run to continue to mid-2023

China turning to the likes of Peru to wean itself off Australian iron ore

Handysizes keep rising while larger ships see fortunes turn

US-listed distressed asset player Tiptree Marine plans expansion

China’s coronavirus crew-change concerns infect shipping markets

Wavelength

Supercycle or not, the dry bulk boom is handy for some

Comment

US supply chain problems place shipping square in Biden's sights

Could Himalaya Shipping and 2020 Bulkers merge in future?

Editor's selection: How long does the containership boom have to run? And what comes next?

Activist Navios Partners investor criticises Frangou's 'illogical' decisions

MR product tankers move westward amid weak Asian market

Handysize bulk carriers bask in glory amid rate bonanza

Tufton doubles money on containership as it eyes tankers and bulkers

Capesize bulkers may see $40,000 per day amid 'healthy' iron ore and coal volumes

Fidelity's big Genco buy is part of wider push into dry bulk

Sanctions woes highlight crew’s plight amid rising abandonment cases

Boxships

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Danaos to use profit boom to boost dividend — but not immediately

Ever Given unloads in Rotterdam as cargo claims progress

Containership owner Borealis Finance to delist after redeeming $200m bond

Containership order surge drives newbuilding backlog to $245bn, Clarksons says

Zhoushan Changhong linked to Navios containership order

Lomar Shipping bags $54m for 17-year-old panamax boxship

South African container ports creak back to life after prolonged cyber-attack shutdown

Costamare bulker tally reaches 37 ships amid record containership profit

Hapag-Lloyd to take up to 10 containerships from Greek shipowners

Costamare keeps options open for further push into bulkers

Navios Partners ups containership ante with $246m order

MSC adds 16,000-teu containership quartet to China shipyard tally

S&P

MSC makes bullish move with $170m deal for containership duo

OM Maritime talks newbuildings with yards and plots move into tankers

Yard boss tells Putin of new containership route to avoid Suez Canal

Yangzijiang poised to scoop LNG-fuelled containership deal worth more than $1bn

What will be left when the containership bubble bursts?

Crew on quarantined boxship have Delta variant of Covid-19

‘We’re plugging a gap,’ says forwarder paying $100,000 a day for small boxship

Nine crew on Italia Marittima boxship infected with Covid-19

Bridgette Gasa tapped to breathe new life into South African ports

Hyundai LNG inks optional LNG order at DSME for Spanish business

'Shadow war' tensions rise further after suspected hijack in Gulf of Oman

NSB develops LNG-fuelled ship that maximises container capacity

Containerships, dry bulk and car carriers boost K Line’s earnings

Master and security guard identified as those killed in Mercer Street attack

Interview

‘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

Blockchain could provide a foundation for decarbonising shipping, says Zuma CEO

Cargill urges nations to move seafarers up 'pecking order'

Cargill's Dieleman: EU emissions trading scheme could spur decarbonisation

OneWeb throws down gauntlet to Inmarsat in fight for maritime customers

Bunker Holding shows ambition to be ‘one-stop shop’ for green fuels

'Sailing' through the headwinds: how Ince put together charity single in a pandemic

Automakers pressure car carriers to decarbonise in fight against climate change

Chipolbrok seeks to 'surprise competitors' as it turns 70

Gary Vogel's steady hand lifts 'new Eagle' to lofty perch

Vogel to focus on secondhand buys ahead of carbon clarity

Chipolbrok moving into box trades but 'not making a noise' about it

Neoline boss reveals pressures behind rejigged sailing ro-ro deal

How to spend cash: the new challenge for box and dry bulk players

Diana Shipping to 'release all our weapons' in clearer dry bulk market

Olympic Subsea lines up $300m debt deal to shunt maturities into 2023

Crew evacuated as supramax goes aground off the Philippines

ONE windfall boosts NYK Line's first-quarter profits as markets surge

Dorian LPG returns more than $40m to shareholders in first payout

People

Legendary Greek cruiseship owner Andreas Potamianos dies at 88

Howe Robinson boosts LNG team to eight with Braemar hires

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

Shell limbers up for shipping handover as Trauth replaces Henderson

Braemar shares management burden by promoting broker Tris Simmonds

Wakashio’s master still languishes in custody, one year after disaster

RMK Maritime expands into Greece with Super-Eco finance man Petros Kefalonitis

Maersk Broker joins forces with McKinsey to launch AI decarbonisation drive

Ex-Nobu Su lieutenant coaches Chailease in shipowning move

Oslo court rules for Frontline in employee dismissal lawsuit

Christian Ness takes Swiss Life role as NRP sells $2bn property business

Shipowners need open-source tools to tackle greenhouse gas ratings

Carnival to charge $150 for unvaccinated passengers

North P&I eyes diversification with new appointment

Morten Muller seeks new blood to grow young team at Grieg Shipbrokers

Reborn FSG buys Nobiskrug yard to target superyachts

Summer interns to help Klaveness with decarbonisation push

Morten Muller takes reins at Grieg Shipbrokers amid 'brighter' markets

Old school ties helped forge new ammonia bunkering alliance

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

CJC buys Shipowners' Club's in-house legal business

S&P

Tanker prices draw Thenamaris and Lundqvist to sell older aframaxes

Oldendorff Carriers sells newcastlemax bulker to JP Morgan

Analysis

How much cash will big bulker owners return to shareholders this quarter?

Diana Shipping bounces back to quarterly profit for first time in almost two years

WFW's Sumeet Malhotra warns of 'cascading waves of defaults' due to Covid-19

LNG

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Capital Product Partners targets LNG pivot for fleet expansion

Knutsen doubles up on LNG carriers for Poland’s PGNiG

Hoegh LNG Partners refinancing falters amid dispute with charterer

KSOE confirms orders for seven LNG newbuildings worth $1.4bn

Japan’s planned LNG-import cuts overstated, says EnergyQuest

GasLog Partners secures another charter deal from TotalEnergies

GasLog Partners sees opportunities for steamships in its fleet or elsewhere

Gazprom eyes newbuildings as it strives to revive Baltic LNG

New Fortress Energy sees FLNG going 'mainstream' in next five years

Yangzijiang spends $100m to take full control of Xinfu Shipbuilding

Cleaves upgrades LNG sector in busy charter market as shares 'skyrocket'

Sinokor puts long-term laid-up LNG carrier up for scrap sale

Japan targets big cut in LNG consumption to drive decarbonisation

GasLog Partners LNG steam ships drag down fleet efficiency rating

Golar LNG to inch up utilisation of Cameroon FLNG unit

GasLog primed for Australian LNG FSRU charter contract

Dynagas ties up its six pioneering 200,000-cbm LNG carriers on charters

Action picking up on new US LNG supply as market tightness looms, Poten says

BP joins LNG carbon offsetting cargo throng with first shipment

Flex LNG snaps up Oslo-listed shares in trio of purchases

Allies unite against attack on Zodiac Maritime tanker as Iran responds

Briese Schiffahrt takes containership order tally to 10 ships worth $300m

Analysis

Tanker ‘eco’ and scrubber premiums reach highest level since early 2020

Cruise and Ferry

Virgin Voyages to launch Scarlet Lady after several delays

S&P

Chinese owner doubles money on supramax bought in October

Ship Management

Unions and shipowners set for September wage showdown

ESG

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OCI arm teams with Adnoc to ship blue ammonia to Japan

Comment

Amid carbon drive, insurers brace for climate change's shipping impact

Big investors and customers drive shipping response to Carbon Disclosure Project

NYK Line sells $183m 'transitional bonds' in decarbonisation drive

Mandatory standards emerging from alphabet soup of ESG reporting

Shipping can do better with carbon disclosure grades

Exmar and fertiliser charterer to work together on ammonia-fuelled ship

WISTA USA president: Quest for gender equity in shipping should begin in schools

Methanol gains traction as future marine fuel as newbuilding orders emerge

MSC, Fincantieri and SNAM target hydrogen-fuelled cruiseships

d’Amico International Shipping links management pay to ESG performance

Yangzijiang spends $100m to take full control of Xinfu Shipbuilding

New Fortress fires up Mexican LNG terminal using ship shuttle concept

Maersk Broker says banks and charterers want clarity on how owners will cut emissions

CSSC Shipping raises $500m via selling green bonds with ‘blue’ shade

Wartsila's Roger Holm says ammonia fuel trials are 'really exciting'

Scrubbers back on shipowners' minds but boxships making too much money to dry dock

New Fortress Energy sees FLNG going 'mainstream' in next five years

Maritime employers handled Covid well, but discrimination still rife, survey finds

Columbia launches joint venture to retrofit laid-up OSVs for wind farms

Danaos to use profit boom to boost dividend — but not immediately

Look back 60 years: Attack on shipping off Oman is not a new phenomenon

DNG Energy nets LNG carrier as FSU for South Africa bunkering project

FSL Trust ekes out profit, helped by fixed-rate charters

Danaos profit goes through the roof on boxship boom and Zim shares

Insurer Allianz issues safety alert despite low casualty figures

Coronavirus

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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

Maritime employers handled Covid well, but discrimination still rife, survey finds

Covid variant spread not derailing Carnival's return to sea

Filipino engineer dies three weeks after Covid-19 outbreak on Norden bulker

Seafarer succumbs to Covid-19 in Star Bulk vessel outbreak

Albatros sale sees volume of cruise tonnage recycled breach 1m gt mark

Indonesia converts Pelni ship into Covid-19 isolation hospital

US seafarer Covid-19 vaccinations top 20,000 amid nationwide roll-out

Remote working to continue into September for some US companies

Cargill urges nations to move seafarers up 'pecking order'

Eagle Bulk 'better off in the office together' as return 'feels normal'

Bangladesh ship-breaking yards 'virtually full' as country locks down

Viewpoint

Maritime must tackle seafarer crew challenges with greater transparency

Viewpoint

Esben Poulsson: Dire challenges faced by seafarers greatest in 50 years

OCI arm teams with Adnoc to ship blue ammonia to Japan

Gulf shipping put on red alert following deadly attack on Zodiac tanker

KCC secures its longest contract of affreightment for Cleanbu ships

Newbuilding

Celsius Shipping linked to order for LNG carrier at Samsung Heavy

Newbuildings

MOL orders four LNG-fuelled car carriers in Japan

AP Moller-Maersk lifts 2021 full-year Ebitda guidance to $19.5bn

Offshore

Columbia launches joint venture to retrofit laid-up OSVs for wind farms

Jones Act Enforcer starts patrolling seas for cabotage law-breaking

Sembcorp Marine defends rights issue in ‘unprecedented times’

Mainprize Offshore inks deal for crew transfer vessel at UK shipyard

Eidesvik and Solstad build backlog with construction vessel charters

Nordea slashes loan losses but shipping and offshore still see write-offs

Shanghai Zhenhua moves into wind with newbuild deal as Chinese demand grows

Siem Offshore promotes from within as CFO Dagfinn Lie leaves after 14 years

Clarksons sees new wind turbine vessel order cycle as projects get green light

Jan De Nul to debut world's biggest jack-up at Dogger Bank

Laid-up survey ship going cheap at auction after 2018 tanker smash

ScottishPower to fuel offshore wind fleet with waste vegetable oil

Seaway 7-OHT $1.3bn merger set to capture surging wind market from 2024

Singapore offshore sector on road to recovery, but at ‘snail’s pace’, analyst says

A tale of two happy families at Boers Crew Services

EnTrust's Purus Marine wants more as it buys first wind farm vessel

Ostensjo plots propulsion revolution by loading hydrogen into oil

OSV-turned-rescue boat saves 572 migrants in Mediterranean this month

Marlow Navigation expands in offshore with takeover of Germany's Opielok

U-Ming heads to Thailand to order offshore wind crew transfer vessels

Analysis

More iron ore needed from Brazil to unwind port congestion for capes

Wakashio wreck remains stuck one year on from the disaster

Safe Bulkers set to acquire its first capesize in three years

Euroseas gets hands on cash from failed containership sale deal

2020 Bulkers vessel collides with RB ship on Yangtze River

Cruise and Ferry

update

Meyer Werft to build ship for Ocean Residences

Insurance

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S&P Global predicts continued profit at Norwegian Hull Club

Lloyd’s of London promises to promote LOF salvage contracts

Sanctions woes highlight crew’s plight amid rising abandonment cases

MOL commits to Mauritius environmental restoration

American Petroleum Tankers, Crowley found at fault for $115m ship pile-up

Singapore jails director of marine services company for dishing out bribes

Seafarer dies from stroke after power loss on reefer off Djibouti

Is safety being sacrificed for the liner industry’s billion-dollar profits?

Ever Given to be free to sail after Wednesday ceremony at Suez Canal

P&I worries ease after Suez Canal settlement, but focus turns to X-Press Pearl claim

Upbeat American Club ‘positive’ about 2021 after annual meeting

Singapore raises concerns over Aon takeover of Willis Towers Watson

Japan P&I dodges bullet in Milano Bridge crane crash

Broker Aon warns of yet another challenging year for P&I claims

Wakashio casualty ramps up P&I pool claims bill to $478m

Ince lawyer Clark sounds alarm over cyber uncertainties for P&I

Shipbroker's email address foul-up costs insurer ITIC $50,000

US blocks Aon acquisition of Willis Towers Watson over competition fears

Gard to appeal $22.8m judgment in favour of Champion Shipping

George Tsavliris on a mission to revitalise London insurance market

GasLog Partners' big sell-off highlights flat week for Jefferies stocks

Iran promises to strike back as rhetoric heats up following attack

Pioneer Marine stays in the red before completing bulker fleet sale

Israel vows response to Zodiac tanker attack as Iran gets blamed

S&P

NYK Line pushes ahead with VLCC sale campaign, offloading 11-year-old vessel

American Club benefits from Eagle Ocean Marine's slow growth

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