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  • Shipping stocks fall amid latest US-China tariff jabs

    Shipping equities took a tumble today amid latest blows between US and China in an escalating trade war that has gone on since early 2018. Beijing announced 5% and 10% tariffs on $75bn in US imports on 1 September and 15 December, reacting to US' plan for a 25% tax on $300bn in Chinese goods on those dates. President Donald Trump responded to China's latest jab by demanding US companies stop tra

    Finance  tradewindsnews.com 10 hours old Michael Juliano

    ReCAAP warns about scrap metal theft in Singapore Strait

    Theft of scrap metal from barges in the Singapore Strait is raising concerns with Asian anti-piracy outfit ReCAAP. The group said in a report Thursday that the number of incidents involving tugs and barges is on the rise, hitting 14 this year. ReCAAP in the dark over China’s Malacca Strait warning "Although all the 14 incidents were [petty theft] in nature as the perpetrators were not armed and

    NEWS  tradewindsnews.com 11 hours old Matt Coyne

    StealthGas doesn't see trade war easing in third quarter

    The gas carrier owner's second quarter earnings and share price have been hit by the US-China trade war

    Gas  tradewindsnews.com 12 hours old Matt Coyne

    NYK selling bonds worth $254m

    Japanese owner looking to place two tranches over five and 10 years.

    Finance  tradewindsnews.com 17 hours old Gary Dixon

    Idan Ofer lets it all hang out at €5m Mykonos anniversary party

    Israeli shipowner Idan Ofer hosted an extravagant party on the Greek island of Mykonos earlier this month to celebrate his 10th wedding anniversary to his fourth wife Batia, according to local media carrying footage of the event. The €5m ($5.5m) production was reportedly inspired by the Burning Man Festival, an annual experimental community art event in the United States. Dozens of guests in in

    Tankers  tradewindsnews.com 18 hours old Harry Papachristou

    Koch Industries tycoon David Koch dies aged 79

    US company owned with brother Charles is major charterer of bulkers and tankers.

    Tankers  tradewindsnews.com 18 hours old Gary Dixon

    CMA CGM rejects use of Northern Sea Route in green pledge

    Rodolphe Saade says choice will help "leave our children a cleaner planet."

    Weekly  tradewindsnews.com 19 hours old Gary Dixon

    Frontline 'open for business' after $675m Trafigura suezmax swoop

    CEO Robert Hvide Macleod says owner will strike again if the deal is right.

    Tankers  tradewindsnews.com 21 hours old Gary Dixon

    Klaveness ship completes first switch from wet to dry

    Groundbreaking change from tanker to bulker mode cuts emissions and ballast time.

    Tankers  tradewindsnews.com 21 hours old Gary Dixon

    Middle East war risks losses exceed $100m

    DNK expects tally to increase as attacks on tankers are likely to continue

    Insurance  tradewindsnews.com 21 hours old Jonathan Boonzaier