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Diana capesize finds new work with Koch Shipping
Diana Shipping is set for sharply reduced revenue from one of its capesize vessels, brokers say. The 177,000-dwt Houston (built 2009) has reported been fixed by Koch Shipping for 14 to 17 months at $10,500 per day. The ship is coming off a one year charter to Clearlake Shipping at $19,000 per day. Diana could not be reached for immediate comment.Dry cargo tradewindsnews.com 34 minutes old

Germany learns harsh lesson in life: You reap what you sow
Ownership of vessels is still flowing out of the country as the financial fallout continues from over-ordering ahead of an inevitable economic correctionWeekly tradewindsnews.com 38 minutes old

China Minsheng Trust makes strategic stride into offshore
Beijing-based trust has gone from secondhand bulker acquisitions to corporate asset plays alongside China Merchants GroupFinance tradewindsnews.com 40 minutes old

Capital Gas inches up LNG order tally at Hyundai Heavy
Low newbuilding price for options and allure of market prospects could entice others, with slots to follow suitGas tradewindsnews.com 40 minutes old

Insurers battle it out in Brillante Virtuoso $77m 'scuttling' trial
Eyes of marine insurance world on UK high court as war risk underwriters attempt to prove owner deliberately caused the loss of suezmax tankerInsurance tradewindsnews.com 41 minutes old

JLT snatches sought-after NYK Line P&I account from Aon
Insurance broker JLT has won one of the biggest protection and indemnity accounts in shipping after it snatched the business of Japan’s NYK Line from rival Aon. Blue-chip NYK’s diversified fleet of 720 owned and chartered vessels ranks it among the top-five shipping companies in the world and makes it one of the most sought-after accounts in the P&I broking business. JLT launches fresh P&I pushInsurance tradewindsnews.com 42 minutes old

Chinese buyer snaps up ageing bulker from Ocean Freighters
Greek bulker owner Ocean Freighters is said to have sold a 17-year-old panamax bulker to a Chinese buyer. Brokers say the 74,000-dwt Pontonikis (built 2002) has been sold for about $7m, in contrast to estimates of $7.3m to $9m by VesselsValue and Maritime Strategies International. Ocean Freighters paid compatriot Maran Dry Management $56.5m for the DSME-built ship, then named Anangel Gallini, iShip Sales tradewindsnews.com 43 minutes old

Contships moves in on two deals for seven feederships
Nikolas D Pateras-led company seeks to grow feeder fleetShip Sales tradewindsnews.com 44 minutes old

The new power behind Poten & Partners
BGC Partners achieved a long-term goal to enter shipping when it acquired Poten & Partners. Top executives at both companies tell TW+ about the drivers of the deal and what the future holds for the venerable brokerageTW+ tradewindsnews.com 49 minutes old

Carnival says its scrubber washwater is clean
Study finds scrubber discharge complies with land waste water discharge limitsCasualties tradewindsnews.com 54 minutes old
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