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  • Avenir LNG completes $110m private placement

    Shares in Stolt, Golar and Hoegh-backed vehicle set to start trading from Wednesday.

    Finance  tradewindsnews.com 47 minutes old Dale Wainwright

    Team Tankers suffers loss in third quarter

    Weaker rates take their toll as chemical tanker owner takes more technical management in house.

    Tankers  tradewindsnews.com 2 hours old Dale Wainwright

    Global Ship Lease fixes ship with CMA CGM

    New York-listed containership player extends a separate charter with French liner giant.

    Liner  tradewindsnews.com 5 hours old Michael Juliano

    CEO Butters: Navigator picking up steam toward 2020 and beyond

    The best is yet to come for Navigator Holdings, chief executive David Butters said Monday. After posting $600,000 profits for the third quarter and besting analysts' predictions of a $0.03 loss per share by four cents, Butters said 2020 could be a record-setting year for the company ahead of a transition to a petrochemical producer and exporter. Navigator Holdings taps Nordic bond markets for $7

    Finance  tradewindsnews.com 6 hours old Matt Coyne

    Fednav boss Pathy comes out fighting against scrubbers

    Paul Pathy tells TradeWinds Forum in Tokyo exhaust gas cleaning systems damage the environment.

    Dry cargo  tradewindsnews.com 6 hours old Adam Corbett

    Globus Maritime is back in the black

    New York-listed bulker owner nets first profit in four years amid a better time charter market.

    Finance  tradewindsnews.com 7 hours old Michael Juliano

    Fidelity lowers Scorpio Tankers stake

    Billionaire investor Abigail Johnson offloads almost 10.7 million shares, bringing interest down to less than 3% and removing top institutional stakeholder status.

    Finance  tradewindsnews.com 9 hours old Michael Juliano

    Holed frigate sinks following Tsakos tanker clash

    Helge Ingstad goes down after collision with Tsakos vessel tore open its hull.

    Casualties  tradewindsnews.com 12 hours old Gary Dixon

    Diana Shipping gets higher rate on kamsarmax

    Simeon Palios-led buker owner expects to earn $5.44m off the hire lasting at least 13 months.

    Dry cargo  tradewindsnews.com 12 hours old Michael Juliano

    Wallenius Wilhelmsen starts share buy-back

    Oslo-listed car carrier owner Wallenius Wilhelmsen is starting a share repurchase programme worth up to NOK 25m ($2.94m). The company said it wants to cover management's share incentive scheme, as well as an annual discounted share purchase programme for Norway-based employees. Open-market deals will be carried out from now until further notice, it added.

    Finance  tradewindsnews.com 12 hours old Gary Dixon