TradeWinds | Latest shipping and maritime news

RightShip expands Scope 3 emission tools for charterers Japan's Meiji Shipping confirms sale of VLCC Euroseas trebles its money on three-year charter for feeder ship Beam him up: O'Neil and Columbia make history with hologram meeting Deadline for Shipping Corp of India bids delayed indefinitely Buying interest remains strong for older VLCCs as more vessels change hands PGS wins survey deal for Equinor's Norwegian carbon storage project MPCC says market not softening as it reveals $61,000 term charter Singapore's Pioneer Tanker expands with more ex-Xihe MR1 newbuildings Russian P&I providers are poised to come in from the cold

Euroseas trebles its money on three-year charter for feeder ship

Deadline for Shipping Corp of India bids delayed indefinitely

Japan's Meiji Shipping confirms sale of VLCC

Beam him up: O'Neil and Columbia make history with hologram meeting

MPCC says market not softening as it reveals whopping $61,000 term charter

Bulge-bracket gap: Alantra explains why time was right to make shipping move

Russian P&I providers are poised to come in from the cold

Analysis

'Back to square one' as older VLCCs turn negative again

TMV puts supply chain tech on shopping list as it seeks to spend $64m

Buying interest remains strong for older VLCCs as more vessels change hands

PGS wins survey deal for Equinor's Norwegian carbon storage project

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Boxships

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Bumper 2021 Maersk earnings even stronger than predicted

ONE container ship suffers stack collapse in North Atlantic

Container ship charter market kicks-off year on bullish footing

Marinakis raises wager on LNG-ready boxships at HMD

'Aggressive' $6.9bn Seaspan financing is sustainable due to charters, analysts say

It's official: MSC beats Maersk and slides into No 1 slot after 52 years

Maersk ups methanol-fuelling gambit with neo-panamax container ship quartet

US launches probe into Wan Hai and ONE over 'unreasonable' practices

SM Line takes $14m position in rival HMM as 'investment'

Hyundai yards start 2022 with newbuilding orders worth close to $1.4bn

Wan Hai splashes out $132m on sub-panamax container ship trio

TS Lines expands fleet with an order for two more container ships

Container ship slams into Taiwan port, damages bow

Remember the MSC Flaminia case? It's still happening nine years after container ship blast

Appeals court weighs debate over whether to share liability for MSC Flaminia blast

General average adjusting drags on in MSC Flaminia case

CMA CGM unveils end-of-year bonus for staff amid bumper year

Seaspan closes 'innovative' $838m ECA-backed lease financing, with more to come

Oltmann secures $200m in long-term charters in deals with Hapag-Lloyd

Analysts warn of 40% drop in container ship rates next year as demand slumps

Singapore's Pioneer Tanker expands with more ex-Xihe MR1 newbuildings

Rising gas supply and lack of open tonnage set to tighten LNG shipping market

Cruise and Ferry

Genting Hong Kong files for liquidation after financial setbacks

Rio Tinto predicts weaker iron ore shipments as BHP maintains guidance

Billion-dollar asset play: Lomar strikes more sparkling boxship deals with MSC

Zim confirms $400m in container ship newbuilding charters with Idan Ofer

QatarEnergy hones shipowner shortlist for first LNG carrier newbuildings

Container lines plan appeals as South Korea fines 23 shipowners $81m for price fixing

Insight & Opinion

Carbon pollution price would pay for zero-emission fuel infrastructure, study finds

QatarEnergy hones its shipowner shortlist for first 16 LNG carrier newbuildings

Chemical tankers looking good despite Chinese policies cutting imports

Singapore is still 'world's top maritime city' according to DNV/Menon report

Bulker optimism dampened but still alive, Greek survey shows

Maersk's Christiansen: 'It's an emergency, but hitting net zero by 2040 is doable'

BRS says big rate correction was 'long overdue' for handysize tankers

Bluepool Trading: old friends on a new adventure in the panamax market

Evangelos Marinakis far from the ordinary pool partner as Heidmar moves forward

'Unfashionable' smaller MR and LR tankers dying out as owners chase scale

Dry freight derivatives trading boomed during volatile 2021

More VLCC owners stay away from Middle East as tonnage list shrinks

For Heidmar and Marinakis, it's not just a venture, it's a reunion

BRS says VLCC and suezmax 'cannibals' harming product tanker demand

Container ship asset plays fill Greek pockets in 2021

Bulkers in 2022: will low fleet supply save the day as demand falls?

Fearnley Securities identifies two 'X factors' that could propel tanker rates

Agonising wait as more than 100 bulkers caught out in Indonesia's coal export ban

Nolan plays prophet: which prediction would spell disaster for shipping in 2022?

Tankers look towards 2022 after difficult year, but questions abound

Italian tanker named in Peru oil spill caused by waves from Tonga eruption

Newsletter

Green Seas: What's holding back hydrogen fuelling is not the technology

Castor launches ‘new relationship’ in its biggest bank financing deal yet

Spot market

Capesize bulker market falls further but shows better days ahead

S&P

Du Moulin's Intrepid Shipping has sold its last owned vessel, brokers say

Comment

Bridging the gap that prevents pirate prosecution in Gulf of Guinea

People

Ship-management boss Ernst Meyer is named CEO of Torvald Klaveness

Broking's new breed: Danish duo sets up shop in Dubai

CargoMetrics founder Borgerson splits with Ghislaine Maxwell

Lawyer Alexia Hatzimichalis succeeds Paleokrassas as WFW's Athens chief

Herman Billung to replace Magnus Halvorsen as CEO of 2020 Bulkers

PCL's Hor Weng Yew appointed chairman of Singapore Maritime Foundation

Logothetis brother quits exec Libra role to run private family office

'Mr TradeWinds' Trond Lillestolen retires after pioneering career

Wilhelmsen finance executive Morten Lertro dies after cancer battle

Former Maersk Broker research boss joins Bimco

Kim Ullman signs off with message of hope for tanker owners

Greece’s Philip Embiricos dies in Paris, at 78

Ardmore's Mark Cameron 'uncomfortable' about ammonia safety

Eagle Bulk veteran promoted to new chief strategy officer post

Concordia rescue act was 'worst part' of Kim Ullman's long career

Pittas unfazed by ‘a little resistance’ from containership charterers

Concordia's Kim Ullman calls it a career after 45 years in shipping

Radziwill: Don't sweat the 'massive overreaction' in bulker markets

Former UK minister Julian Smith paid $82,000 for 30 hours work at MJM Marine

Iran appoints new managing director at NITC

Shipping stocks outperforming market in first weeks of 2022

Newbuildings

Asiatic Lloyd inks MR tanker quartet at Hyundai Mipo

Offshore sector still weak amid 'encouraging' indicators for 2022, Clarksons says

Ernst Russ sells feeder vessel after taking control of 12-ship fleet

Danaos boosts coffers with host of boxship charter and S&P deals

Interview

People, not ships, are the hero of our story, says Maersk Tankers' Ingerslev

LNG

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Arc7 LNG carrier heads for Northern Sea Route amid winter ice

NYK Line orders four LNG-fuelled capesizes in Japan and China

It's official: 2021 was a record-breaker for LNG carrier orders

NYK Line expands LNG fleet with two newbuildings at South Korean yards

SK Shipping named as behind KSOE LNG carrier order

Australian regulator orders Shell to halt production at Prelude FLNG unit

Gunvor seals $1.1bn finance deal for LNG shipping and trading

Tsakos Energy chalks up further loss but sees 'evident' recovery

LNG carrier rates tumble from extreme highs but period sentiment remains upbeat

Cosco Shipping Energy confirms order for three LNG carrier newbuildings

Hoegh LNG Holdings makes $139m cash buyout offer for MLP

Deadline for declaring on 17 Mozambique LNG berths shunted back further

BW LNG snatches up to four LNG carrier newbuilding berths at DSME

ExxonMobil pays out top dollar for spot LNG carrier steamship

BW LNG locks away its second speculative newbuilding on long-term deal

Hoegh LNG Partners nudges forward on refinancing of disputed FSRU

Pavilion Energy, QatarEnergy and Chevron team on LNG cargo emissions reporting

Flex LNG lifts fourth-quarter forecast as spot market hits 'all time highs'

Shipping leaders debate LNG's role as transition fuel at COP26 as nations pledge methane cuts

Capital Gas bumps up LNG fleet to 12 vessels with fresh order trio

Strained balance sheets spark P&I consolidation debate

Swedish Club finds inspiration in the past as it looks to future

Alandia veteran Jan Limnell joins delay insurer Nordic Marine

Profit could hit $42m as Navios linked to another Zim container ship charter

Japan

Look mum, no hands! Mitsubishi claims world first in automated ship trial

Green Energy explores seismic vessel sale amid buyer interest

Business Focus

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Carbon outlook

Su Yin Anand: What is preventing shipping from moving faster to cut carbon? 'I suggest it is fear'

Carbon outlook

NYK's Hitoshi Nagasawa: An 'obligation' to play a prominent role in drive to net zero

Carbon outlook

Precious Shipping's Khalid Hashim: 'The price of fuel oil must reach $1,500 per tonne'

Carbon outlook

Kristin Holth: IMO 'does not show the speed to be the leading star we need'

Green ship technology

Decarbonising Swire Shipping requires a multi-fuel approach

Obsession over future fuels does not help decarbonise shipping, experts say

Green Ship Technology

Norway's Hyon charts a course for hydrogen bunkering

Green Ship Technology

LEO is new kid on the block for cleaner ships to transmit data

VSAT leader KVH disputes LEO's cheaper service claims

Green ship technology

In future, connectivity may come free with digital apps

New rules bring LNG sector to a fork in the road

Asia shipping confidence powers ahead

Spotlight

Marine insurance outlook is brightening on road to recovery

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

Decarbonisation

Capture this: NYK and Knutsen to launch joint carbon carrier venture

Clarksons sees hope for product tankers as arbitrage window opens

Carbon pollution price would pay for zero-emission fuel infrastructure, study finds

China's SIPG plots spin-off listing for shortsea player Jinjiang Shipping

Jens Martin Jensen set to rejoin John Fredriksen

'Furious' Asian coal buyers seek other sources as Indonesian ban delays drag on

Offshore

Swiss fund Partners Group eyes new orders after buying SOV player North Star

In first, new offshore wind auction seeks US vessels

DOF's rebel alliance says it can now block $2bn refinancing

Reach Subsea charters in Olympic trio as momentum builds

'No hesitation': Fredrik Remoy explains $44m K Line fleet swoop

Fredriksen sheds almost entire 10% stake in Solstad Offshore

The 'very best': Borealis Maritime snaps up K Line anchor-handlers

CIT Group in $35.5m financing for arm of Hayfin Capital Management

K Line sells offshore vessel fleet after winding up Norwegian subsidiary

Clock winds down on Eneti offering proceeds as share price lags

Reach Subsea buys CO2 storage monitoring company from Equinor

Standard Drilling PSV buyer paid a premium for cable-layer conversion

Clarksons Research says OSVs and panamax boxships decline as overall fleet size grows

'Re-IPO of the business' leaves Eneti counting cash and looking forward

IPO debutant Edda faces delivery headwinds

Confidence abounds at Eneti as Jones Act wind turbine installation vessel in sight

Over-allotments could add $30m as Edda Wind launches Oslo IPO

Spetalen and Fredly could oppose Noble's merger with Maersk Drilling

Boskalis wins whopping charter for wind farm crane ships

Wind player Eneti prices $175m equity deal at huge 36% discount

NYK Line confirms EDF charter deal on LNG newbuilding

Clarksons expands key rate index to include LNG and chemical carriers

Tufton expects tankers to bounce back as fleet growth slows 'dramatically'

Newbuildings

Hyundai yards rake in orders worth $430m from Asian owners

Ship Management

Andromeda launches voluntary carbon credits for tanker charterers

Covid-19

Ghana to fine vessels calling with unvaccinated crew

Interview

Maersk's Christiansen: 'It's an emergency, but hitting net zero by 2040 is doable'

Disgruntled investor Ned Sherwood steps up his call for Navios Partners changes

Variant need not spell 'doom and gloom' for clean tankers, freight analyst says

Kristoffersen says it's 'painful' leaving Klaveness after 15 years

'I really, really wanted to leave at the top,' says Ullman, 'but this is the lowest possible'

ABS boss says class can keep pace in race to cut carbon

Mia Elg charts dynamic course to energy efficiency at Deltamarin

Carisbrooke's Tveitan de Jong says 'unprecedented rates' welcome after tough decade

Emanuele Grimaldi pushes green agenda in shipping, but criticises emissions trading scheme

Thanks a billion! Macquarie toasts ship finance milestone

Macquarie strong on decarbonisation path

Young lawyers should broaden horizons in cyclical sectors, says Winston & Strawn's Alison Weal

Times are changing for female lawyers, says Winston & Strawn's Alison Weal

Frontline's Barstad says charterers may have to break 'radio silence' on cargoes

Seaspan Corp transformation 'no accident', says Bing Chen

SSY in talks to buy shops as hot markets fuel competition

Shipping is like a 'good wine', says Martin Stopford on his industry half-century

Unni: Maersk Tankers deal a partnership with people 'smarter than me'

Seaspan Corp bets big time on 7,000-teu containerships

Profile

Langh-Lagerlof continues to innovate with clean tech systems

Aframaxes facing LR2 competition for Australian exports

Baumarine by MaruKlav bulker pool keeps owners ahead of Baltic benchmarks

Tanker fleet growth in 2021 lowest in three years, says Galbraiths

PIRACY

ReCAAP: Asian robbery incidents drop to second lowest level in 15 years

Chemical tankers looking good despite Chinese policies cutting imports

Cruise and Ferry

Australia’s Incat wins first newbuilding order in nine months

Tw+

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This time it’s personal. Shipping heeds the call of the office

That’s oil, folks! The sun is slowly setting on tankers

Cruise is setting sail on an ocean of debt, so why is it so optimistic?

Shipping finds itself fast-forwarded into a digital future

Wine to water: 20 questions with Esben Poulsson of the ICS

The No Normal: Dry bulk had better get used to coping with volatility

When Covid met Brexit: How European shortsea operators rode out the storm

Labour convention shows its true stripes — it’s a toothless tiger

A lifeline for seafarers amid the hidden Covid-19 crisis

In sickness and in wealth: How Covid supercharged the box boom

Lambs to the water: How can livestock carriers clean up their act?

Everything you always wanted to know about carbon trading

Cargill gets ‘skin in the game’ of wind assistance

‘Ammonia-ready’ sounds great. What does it mean?

Does your ship have the EEXI factor?

Man on a mission: Bo Cerup-Simonsen and the countdown to zero carbon

TW+

Building in the bio: The quest for LNG’s holy grail

Synthetic-LNG: ‘it’s absolutely no miracle’

Tristan Smith: ‘The climate doesn’t care what’s on a certificate’

Tristan Smith: ‘The IMO seems in denial about the scale of carbon challenge’

Newbuildings

MPC Capital confirms methanol-ready container ship quartet at reborn Hanjin

Mandarin sells second container feeder ship as secondhand market sizzles

Decarbonisation

Torm gives itself just three years for major cut in carbon emissions

Viewpoint

Only actual voyage data tells the truth as even sisterships perform in different ways

MOL named as owner behind LNG carrier newbuilding at DSME

Bulker optimism dampened but still alive, Greek survey shows

ESG

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RightShip expands Scope 3 emission tools for charterers

PGS wins survey deal for Equinor's Norwegian carbon storage project

Newsletter

Green Seas: What's holding back hydrogen fuelling is not the technology

NYK and Knutsen to launch joint carbon carrier venture

Green technology uptake 'ramping up' across fleet, says Clarksons Research

Michelin Man-style inflatable wing sails to be tested on ro-ro

EU defends offshore ship ETS 'loophole' as it focuses on cargo shipping

Sea Change developers aim to smooth the path to hydrogen-fuelled shipping

Marubeni and Eneos to order dual-fuel ethylene carrier

Chark charts success after going solo in Hong Kong

Low-carbon hydrogen projects focus export volumes on ammonia, analyst says

NYK Line orders four LNG-fuelled capesizes in Japan and China

IMO to explore ways to dial down noise pollution

Maersk's Christiansen: 'It's an emergency, but hitting net zero by 2040 is doable'

Asia top destination for carbon neutral LNG cargoes as volumes surge in 2021

Swiss fund Partners Group eyes new orders after buying SOV player North Star

Tankers International teams with Hartree Partners on carbon offsetting for VLCCs

Europe's carbon pricing loopholes 'let owners off the hook'

Green Seas

How 2023's carbon rules could be a 'game changer' for shipping contracts

Carnival's Princess Cruises pleads guilty, again, to probation violation

MSC claims to have cleared up Covid-19 infection at Scottish port

Green technology uptake 'ramping up' across fleet, says Clarksons Research

Law shake-up continues as George Macheras named WFW's new shipping co-head

Navigator makes bond offer after selling veteran LPG carrier

Newbuildings

Idan Ofer swells orderbook to $9bn with container ship deal

Asset manager Alantra moves into shipping with maritime and offshore hires

Jobs

Credit Risk Analysts

Credit Risk Analysts

Infospectrum Ltd.

CHARTERING MANAGER - Singapore Based

CHARTERING MANAGER - Singapore Based

HBC Asia Pte Ltd

Office and Project Coordinator

Office and Project Coordinator

Oceonix Services Ltd.

Project Engineer - Decarbonization

Project Engineer - Decarbonization

Gearbulk Norway AS

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