TradeWinds | Latest shipping and maritime news

Marinakis family buys $6m more of Capital Product Partners Smaller bulkers hold steady while capesizes keep falling Dry bulk 'slump' helps push shipping stocks down for another week Hartmann-Abou Merhi fund breaks into product tankers Gas veteran Maurice Brand retiring from CNG start-up GEV Cosco Energy launches 'we pool, we win' VLCC venture amid tanker turmoil Macquarie strong on decarbonisation path but not a Poseidon Principles signatory 'Heavy fire': Iran claims to have fought off pirate attack on two tankers Shipowners lick their lips for US offshore wind farm bonanza Lomar taps Cotopoulis for chartering director as Hollamby steps back

Cosco Energy launches 'we pool, we win' VLCC venture amid tanker turmoil

Marinakis family buys $6m more of Capital Product Partners

TW+

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

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

With playbooks 'rich in strategy', Greeks and Japanese sell capesizes

Smaller bulkers hold steady while capesizes keep falling

Dry bulk 'slump' helps push shipping stock down for another week

Top Ships sells modern MR2 duo to European buyers

Gard again goes for P&I gold, but some big names are struggling

Macquarie strong on decarbonisation path but not a Poseidon Principles signatory

Hartmann-Abou Merhi fund breaks into product tankers

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People

Maersk captain faces fire over allegations of sexual misconduct at sea

Tankers International resumes party action as UK gets back to office life

Maria Angelicoussis hires Stohle as her deputy in Greek shipowning colossus

Lois Zabrocky: CMA commodore, still and again thanks to Covid-19

Maran Gas Maritime's LNG architect Richard Gilmore to retire

Shipowners back code of conduct to protect seafarers' rights

Carnival's innovation leader appointed president of Princess Cruises

Crew of Hermes Maritime VLCC sends out SOS claiming abandonment

Top Ships tanker rescues yacht skipper and his pet in the Atlantic

Sveinung Stohle resigns at Hoegh LNG for a new shipping position

Simon Palthorpe steps down as president of Carnival UK

Reuben Brothers buys into Newcastle United as part of Saudi takeover

Profile

The leader working to right the Flopec ship amid probe into predecessor

Vision Ridge brings in Paul Luce to step up energy and transport investments

Abu Dhabi Ports seeks gender-balanced board as potential listing looms

International Seaways to cut Diamond S legacy staff after merger

Martin Ackermann takes on CCO role at expanded Synergy Group

Shipping fantasy football league grows as broker Hintz takes lead

Agricore grows with Clarksons broker and Bocimar capesize

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

Boxships

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Lomar Shipping nets $66m on sale of two containerships to MSC

ONE eyes $2.5bn containership deal as yard prices soar

Evergreen Marine posts best ever third-quarter results

Amazon tackles congestion by shipping own containers on G2 Ocean bulker

Cyclone Kompasu shuts down China's busy Yantian port

Grimaldi Group boosted by record year for container division

Maersk captain faces fire over allegations of sexual misconduct at sea

Zodiac adds containership newbuilds, this time with LNG fuelling

Daehan Shipbuilding marks containership debut with feeder vessel order

Walmart charters vessels as struggling smaller retailers look on in envy

MSC unleashes another $146m for five secondhand containerships

Ikea targeted on ship emissions by climate activists

Maersk latest shipowner to trial air lubrication system

Containership giant OOCL sees big jump in third-quarter revenue

Eastern Pacific inks $240m deal for containership trio in China

Yantian Express master: 'When your ship is on fire, you can't just go to bed'

Bumper profits could propel CMA CGM to investment grade rating

Coca-Cola switches to bulk carriers in face of sold-out containerships

MSea and Scorpio venture targets methanol containerships and bulkers

California oil spill won’t impact boxship operations, says Port of Los Angeles

Nakilat nudges up its third quarter profit as it cuts costs

VIDEO

All seafarers evacuated after cargo ship grounds in Taiwanese typhoon

'Heavy fire': Iran claims to have fought off pirate attack on two tankers

UOS offloads large anchor-handler to Icelandic state for $13m

Thinking smart: Why autonomy and carbon cuts go hand in hand

KCC eyes renewal after sealing first ever sale of combination carrier

Insight & Opinion

We live on one planet, so why does shipping not speak with one voice?

Clarksons Research forecasts 3.2% seaborne trade growth in 2022

Skuld warns of sanctions risk as Iran and Venezuela oil exports rise

The green agenda: banks face tough financing choices ahead

Bulker owners plan to stay in the secondhand market

Green Ship Technology

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

Analysis

It's Frangou versus the 'purists' in public shipowner debate

Analysis

Newbuilding berth dearth looms, but yard prices deter buyers

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

Honey, I shrunk the fleet: AHTS shipowners ramp up rates in tight market

MSea and Scorpio venture targets methanol containerships and bulkers

Saudi price cut signals more crude to be shipped overseas, Clarksons Platou says

China still hungry for coal — but don't expect import ban to end

Stolt-Nielsen says chemical tanker recovery is 'just a matter of time'

Capesize bulker rates break $80,000 per day amid supply crunch

'Popped eyeballs and nosebleeds': capesize freight futures rocket

Analysts upbeat on Eagle Bulk dividend, but already looking for more

Tanker hopes dashed, oil leaps to seven-year high as Opec+ keeps supply down

Analysis

Record year for containership newbuilds as orders stack up

Wavelength

This time really could be different — shippers will pay to cut carbon

Marlow expands tanker management in tie-up with Clearwater

Having a 7,000-mile supply chain is a 'risky proposition' for US commerce

VLGC rates to remain under downward pressure as US exports stall

Samsung Heavy scores $1.7bn shuttle tanker order

Berenberg launches ship mortgage funds to bring debt portfolio to $5.8bn

Precious Shipping denies any links to drugs found aboard bulker in Nigeria

Business Focus

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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

Spotlight

Gallagher says shipowners can still be choosy in tighter insurance market

Spotlight

Cargo insurers feel the pain of growing containership casualties

Daughters push on as Greek shipping moves with a changing world

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

MSC Danit a ‘party in interest’ in California oil spill investigation

Chinese near-sea liner outfit StarOcean joins red-hot dry market with nine-ship spree

Green Ship Technology

Drydocks World: Technology can make ship repair more green

Kim Heng lands windfarm installation contract in Vietnam

Maersk captain faces fire over allegations of sexual misconduct at sea

Biden taps former Navy rear admiral as Maritime Administration head

ESG

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Macquarie strong on decarbonisation path but not a Poseidon Principles signatory

Low-profile Union Maritime clinches $25m of green refinancing

After COP26, IMO to weigh calls for shift to zero-carbon goal

Kim Heng lands windfarm installation contract in Vietnam

Green Ship Technology

Drydocks World: Technology can make ship repair more green

Maersk pumps money into Dutch lignin fuel start-up

Shell joint venture lines up new hybrid CTV for US wind project

Law firm BAHR targets Bergen business as it brings in WFW's Windrup

Wind blows Singapore's Kim Heng in fresh direction

Intrafish

Ocean shipping is fish farmer's key to slashing carbon

ABS and Kongsberg Digital team up to improve vessel performance

Charles R Weber partners with climate firm to offer carbon credits

Japan's Iino orders ammonia carrier at Hyundai Mipo

Supplemental power could unlock fuel cell adoption, says Teco 2030 chief

Fight over new LNG terminal hits Taiwan's decarbonisation agenda

Shipowners back code of conduct to protect seafarers' rights

We live on one planet, so why does shipping not speak with one voice?

Swire partners with Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

Equinor, Shell and TotalEnergies order CO2 carriers in China

Decarbonisation

Here's what is at stake for shipping at COP26

It's the people, stupid! Personalities are still the key in this digital age

Mariner suicides and attempts rose during crew change crisis, advocate says

Capesize bulkers take 2021's second largest one-week drop

Maersk pumps money into Dutch lignin fuel start-up

Inmarsat appoints Ben Palmer to head its maritime division

Lois Zabrocky: CMA commodore, still and again thanks to Covid-19

LNG

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Charter rates climb for LNG carriers in wake of wild week on gas prices

Golar LNG refinances convertible bond with new $300m issue

Celsius Shipping eyes LNG carrier newbuilding as fixture rates emerge

WinGD plots tri-fuel engines as it battles methane slip misconceptions

LNG newbuilding orders for first nine months top total in 2020

Qatar Petroleum orders four LNG carriers at Hudong-Zhonghua in deal worth in excess of $769m

Sovcomflot and NYK ink order for up to six LNG carriers for Novatek

IndianOil linked to six-figure LNG fixture as open ships become hard to find

Flex LNG says arbitrage profit of $108m per cargo will boost spot rates

Hoegh LNG Partners gets more time on FSRU refinancing

Golar LNG tests bond markets to refinance $402m issue as it adds $382m loans

NYK plots LNG bunker tankers and more LNG-fuelled bulkers

Novatek's Mark Gyetvay to fight tax charges after arrest in US

Pavilion Energy eyes South East Asian markets for LNG expansion

Gasum supplies first bunkers in France to Ponant cruiseship

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

UPDATE

Does SEC filing provide a clue to Fredriksen's Euronav aims?

Union Maritime profit soars as it reveals 11-ship bulk carrier fleet

Sexual assault investigation blocked in 2011, says former MarAd lawyer

Law firm BAHR targets Bergen business as it brings in WFW's Windrup

Hadjiyiannis, Procopiou emerge behind stealthy tanker deals

Jan De Nul fixes first job for new wind installation ship

Insurance

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Skuld warns of sanctions risk as Iran and Venezuela oil exports rise

West P&I club warns of compromised cover over Sierra Leone cargoes

Swedish Club hit by claim for total loss of X-Press Pearl

Golden Ray set to become one of shipping's costliest casualties

Atrium and Skuld make key underwriting hires in London

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

Pandemic leading to increase in near-miss shipping casualties

Tsakos insurance chief urges caution on the road to digitalisation

Swiss Re backs a Poseidon Principles for marine insurance

Marine underwriters embrace 'watershed moment' in ESG transition

Viewpoint

P&I clubs are right to keep a tight grip on $5.5bn cash reserves

Former UK secret service head warns of geopolitical threat to shipping

Spotlight

Gallagher says shipowners can still be choosy in tighter insurance market

US Gulf shipping looks to reboot after Hurricane Ida devastation

Spotlight

Marine insurance outlook is brightening on road to recovery

International Group takes to YouTube to allay pool claims concerns

Skuld speeds up crew claims process through automation

Marine insurance recovery confirmed as global premiums hit $30bn

Broker Marsh challenges P&I clubs over general increases

Shipowners’ Club earns profit boost in challenging P&I market

Wind blows Singapore's Kim Heng in fresh direction

Containership rate pullback does not signal start of downtrend, says analyst

Gasum targets 2024 bio-LNG volumes at half the price of green methanol

NYK appoints its first Indonesian master on an LNG carrier

Beatrix-controlled bulk carrier arrested in Singapore

China Navigation Co rebrands itself as Swire Shipping

Interview

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

Lightship CEO: Shipbrokers will consolidate or could even go public

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

Shell joint venture lines up new hybrid CTV for US wind project

Rio Tinto to ship less iron ore in 2021 due to labour squeeze

Pontoppidan exits board as Nordic Shipholding faces the end

Stohle's move to Angelicoussis Group sparks speculation and interest

Ship Management

IMEC opens cadet training programme in Ukraine

Xihe disposals continue as Ocean Pitta sold at bargain price

Tw+

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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’

‘Don't worry about alternative fuel details, just shoot for goal’

Maria Angelicoussis: Making her mark at Maran

Interview

Budding lawyers should keep options open, says Winston & Strawn's Weal

BSM partners with South Korea to tap young seafarer talent

Cosco Shipping Investment Dalian marks shipowning debut with LPG carrier order

Piracy levels at record lows, but IMB warns against complacency

Japan's Iino orders ammonia carrier at Hyundai Mipo

Amazon tackles congestion by shipping own containers on G2 Ocean bulker

Jobs

Shipbroker – Towage & Salvage / Offshore Chartering

Shipbroker – Towage & Salvage / Offshore Chartering

Marint (Offshore Services) Ltd,

Dry Bulk Trade Operator (M/F/D)

Dry Bulk Trade Operator (M/F/D)

Koch Fertilizer International Limited

Supramax Trader, Geneva

Supramax Trader, Geneva

SwissMarine Pte. Ltd., Geneva Branch

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