TradeWinds | Latest shipping and maritime news

Cobas Asset Management opens GasLog Partners account Nigerian pirates called 'an embarrassment to the nation' at sentencing Activist investor questions Frangou's decisions regarding Navios Partners Editor's selection: How long does the containership boom have to run? And what comes next? Celsius Shipping offloads tanker as market for older J19s comes alive Port state control bodies to carry out 10,000 ship stability checks MR product tankers move westward amid weak Asian market Gazprom eyes newbuildings as it strives to revive Baltic LNG Lomar founds scholarship in memory of former boss Boehme 'We don't care who made it — we can analyse it', claims data guru

MR product tankers move westward amid weak Asian market

Nigerian pirates called 'an embarrassment to the nation' at sentencing

Activist investor questions Frangou's decisions regarding Navios Partners

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

Cobas Asset Management opens GasLog Partners account

Editor's selection

How long does the containership boom have to run? And what comes next?

Celsius Shipping offloads tanker as market for older J19s comes alive

Shell limbers up for shipping handover as Trauth replaces Henderson

Read the e-paper

Yangzijiang's Seaspan prize; ETS debate continues; IMC transforms

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

'Whole of government' approach means an expansive look at shipping

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ESG

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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

Maersk Broker joins forces with McKinsey to launch AI decarbonisation drive

Japan targets big cut in LNG consumption to drive decarbonisation

MOL commits to Mauritius environmental restoration

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

Eidesvik and Solstad build backlog with construction vessel charters

EU carbon scheme may be painful but it gives much-needed purpose

Shipowners need open-source tools to tackle greenhouse gas ratings

Knutsen sells tanker for 'green' scrapping in Turkey, despite lower steel prices

Japan's Imabari Shipbuilding puts foot on gas in order race

GasLog Partners LNG steam ships drag down fleet efficiency rating

Brussels insider: EU emissions trading debate is far from over

People

‘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

Shell joins Kjell Inge Rokke's hydrogen marine fuel hub project in Norway

Lee senior increases skin in the game at son-led Marco Polo Marine

Aveva stepping out of its shipyard shadows to link up data systems

UPDATE

Pictet and Newton funds sell $15.6m of Tufton stock after price jumps

Insight

GSB Tankers chemical-tanker venture rides containership wave

Vessel operating data: Collaboration on data coding is key to integration, says OrbitMI

RMK Maritime's Ascension shoots for $500m after quick start in ship finance

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

Insight & Opinion

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

Sanctions woes highlight crew’s plight amid rising abandonment cases

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

Newbuild tanker investments viable despite peak oil, say analysts

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

US shipping regulators launch group to investigate detention and demurrage

Trafigura and DBS drive change with Singapore’s first digital bunker delivery

EU carbon scheme may be painful but it gives much-needed purpose

Shipowners need open-source tools to tackle greenhouse gas ratings

Closing time: International Seaways makes Diamond S acquisition official

Older, scrubber-free VLCCs averaged 20-year low of $500 per day in first half

LPG carriers poised for employment if Venezuela hikes gas imports

Port congestion data reveals disruption upside for containerships, says Clarksons

Brussels pulls owners — and likely charterers — into new carbon trading rules

Danish owners regret EU's rush to include global voyages in carbon plan

Europe's carbon plan for shipping reveals rift between European and other shipowners

Greek owners deplore EU emissions rules — except for charterers’ carbon liability

Sizzling reefer market rides coat-tails of firing box boom

'Mythical' scrap price of $600 approaches says GMS, as steel values firm

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

Crew of quarantined containership has Delta variant of Covid-19

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

Shanghai North Sea firms up shuttle tanker option at DSIC

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

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

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

LNG

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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

Qatar's Nakilat ‘screening the market’ for opportunities to expand

First-half LNG newbuilding orders surprise as options trickle in

TotalEnergies poised to beef up on LNG carriers

Qatar shipowner Nakilat edges up first-half profit as it grows LNG fleet

Sovcomflot adds two LNG newbuildings after netting TotalEnergies charters

New Fortress set to supply FSRU-based LNG terminal to Sri Lanka

Peninsula eyes global expansion of LNG bunkering services

Knutsen named as shipowner behind Hyundai Samho LNG carrier order

Fidelity's Genco 'seal of approval' comes with caveat

Pantheon poised to sell aframax as it pushes tanker fleet renewal

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

Lloyd’s of London promises to promote LOF salvage contracts

Newbuild tanker investments viable despite peak oil looming, say analysts

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

Boxships

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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

Yang Ming mulls first order for ultra-large containerships

Nine crew on Italia Marittima boxship infected with Covid-19

Seaspan flips boxship LNG bunker tank types to make vessels ammonia ready

Cosco unveils $1.5bn newbuilding order for large containerships

Port congestion data reveals disruption upside for containerships, says Clarksons

Boxship touted to have attained ‘highest-ever rate’ as booming market continues

Cash-rich boxship owners show there are many different ways to skin a cat

Philly Shipyard sues Thordon over bad part for Matson ship

Shell and MSC join forces to speed up shipping's decarbonisation

MOL increases methanol exposure with 40% stake in Waterfront Shipping

Torvald Klaveness exits containerships with $120m sale of quartet

Liner giants swoop on small Bodouroglou and Frangou containerships

Sea Consortium doubles neo-panamax containership tally at Waigaoqiao

OM Maritime pays $58m for 15-year-old panamax boxship

Liners spooked by Biden’s stance on the container shipping 'problem'

Turkey's Turkon Line pays premium to buy back containership

Jones Act Enforcer starts patrolling seas for cabotage law-breaking

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

Ex-Nobu Su lieutenant coaches Chailease in shipowning move

Braemar shares management burden by promoting broker Tris Simmonds

EEX logs record volumes on back of ‘counter-seasonal’ dry trading

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

Interview

‘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

Christoph Toepfer: ‘People forget that selling is part of a successful investment’

Adnoc L&S guns for growth on multiple fronts

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

S&P Global predicts continued profit at Norwegian Hull Club

Decarbonisation

EU carbon scheme may be painful but it gives much-needed purpose

Comment

Sanctions woes highlight crew’s plight amid rising abandonment cases

Rising steel plate prices drag world's biggest shipbuilder to loss

Mainprize Offshore inks deal for crew transfer vessel at UK shipyard

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

Cruise and Ferry

Stena RoRo adds more E-Flexer hybrid ropaxes to Jinling Wehai order tally

Sembcorp Marine defends rights issue in ‘unprecedented times’

Maersk Broker joins forces with McKinsey to launch AI decarbonisation drive

Japan targets big cut in LNG consumption to drive decarbonisation

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

Tanker earnings rise on lower bunker costs after Opec+ deal

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

Columbia teams with Greeks to retrofit laid-up OSVs for wind farms

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

Himalaya Shipping joins Oslo's over-the-counter market valued at $73m

Cruise and Ferry

Covid variant spread not derailing Carnival's return to sea

MOL commits to Mauritius environmental restoration

Safety under scrutiny as third Seatruck seafarer dies in three years

Coronavirus

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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

NYK Line steps up to the crew change challenge as crisis persists

Toll unclear as latest wave of Covid-19 brings risk to seafarers

Plea to save 200 Kiribati seafarers trapped in Covid-19 limbo

Cyprus set to give jabs to 40,000 seafarers in Covid-19 vaccine drive

Stolt learns cargo-handling lesson from 'catastrophic' Groenland blast

Mitsui E&S Shipbuilding delivers its last merchant ship

Trafigura adds $300m more to cash pile with securities sale

Oil traders fix Hunter VLCC and LR2 tankers on period charters

Cosco tanker arm eyes first-half profits slump of 80% on weak markets

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

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