TradeWinds | Latest shipping and maritime news

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TradeWinds | Latest shipping and maritime news
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newshelpful’JoeBiden?MostReadRussiancargoshipsinksintheMediterraneanafterengineroomexplosionGeorgeEconomoubanksdealfornewbuildingquartetasZimraidscontainershipchartermarketExxonMobilswoopsfortwoGreek-ownedVLCCstoendlong-termcharterstandoffFirstVLCCreportedsoldforrecyclingsinceAugust2022ChineseshipinBalticSeacableproberaisesanchorandsailsawaySSYhiresbrokerandanalystinquesttobuildupchemicalsbusinessIrantoauctionSaintJamestankerseizedoverallegedoilsmugglingVideo:Dramaticmomentex-RussianboxshipcapsizesinportMarniorders$60mchemicaltankerpairfromChinaAll-KoreancapesizedealshowsHMMandKoreaLineCorpswitchingsidesonS&PfenceOdfjellandNorthleafCapitalescalatebattleoverdebtappetiteatUSterminalbusinessTonne-hungryNigatorGaslinkedtoGermanethylenecarriertrioMSCsecondhandsteamrollerrollsonwithpurchasefromalistedGreekshipownerYangMinggetsthenodtoorderupto13neo-panamaxcontainershipsCanDonaldTrumpderailprogressattheIMOafter‘net-unhelpful’JoeBiden?GasGolarLNGbuysremainingstakeinfloatingLNGunitCasualtiesRussiancargoshipsinksafterengineroomexplosioninMediterraneanCasualtiesVideo:Dramaticmomentex-RussianboxshipcapsizesinportTechnologyFTVCapitalfundlaunchesbidtoacquiremaritimetechfirmWindwardfor$271mContainersBoxshippingsettoendyearwithnear-zeroidlefleetTankersMarniorders$60mchemicaltankerpairfromChinaOpinionAttacks,sanctionsandTrump:Keythemesthatshapedshippingin2024ShipbrokingRichardFulford-SmithtoretirefromshipbrokingatendofMarchContainersEconomoubanksdealfornewbuildquartetasZimraidscontainershipchartermarketGasTonne-hungryNigatorGaslinkedtoGermanethylenecarriertrioNowonlineClickandreadlatestweeklyeditionofTradeWindsClickhereMyAlertsKeepupwithallthearticlesthatmattertoyouandgetreal-timeupdatesstraighttoyourinbox.ClickonthetopicstoaddtoMyAlerts.GetMyAlertsLoading...TankersBulkersFinanceGasContainersOffshoreShipyardsLawCruiseandFerrySustainabilitySanctionsSingaporeGreeceVLCCsFrontlineJohnFredriksenClarksonsCargillTrafiguraDecarbonisationLNGSeeallarticlesMonjasatakesLNGbunkervesseloncharterfornewDubai-basedbusinessExpandingUSLNGexportswilladdtoclimatewoes,saysBidenadministration‘Firstbigscrappingcycle’forecastforLNGshippingmarketwithnoplaceforsteamturbinevesselsNigeria’sAceGaspicksWisonforFLNGandpowerbargedesignjobGolarLNGgetspresidentialthumbsuponFLNGinArgentinaGail(India)inkslong-termcharterwithKLineonLNGnewbuildingRetrofit,lay-uporrecycle:LNGsteamshipsfacetheirtrilemmaMaersk:‘LNGisafossilfuel.It’snotgoingtobepartofthesolution’Maerskinksordersfor20newvesselswithChineseandSouthKoreanshipyardsGolarLNG’sArgentinaFLNGambitionsboostedasseconddomesticoilandgasbignamejumpsonboardH-LineShippingjoinsfiresaleofLNGcarriersteamshipswith29-yearoldvesselStateoilgiantSonangoltables$1.2bntankersandLNGcarriernewbuildingenquiryAdnocL&Sseesprofitjumpasitawaitsclearancefor$1.5bnNig8takeoverHoeghEviseesuptickinbusinessforFSRUsfromAmericasregionLay-up‘aconsideration’forLNGcarriersasspotratescrashtofreshlowsGeorgeProcopiou’sDynasLNGPartnerseyes‘othersectors’forgrowthasdividendreturnsVentureGlobalpoisedtorisethroughUSLNGproducerranksassecondplantsetforexportsCoolCosaysLNGdarkfleetyettoreachmateriallevelasspotmarketstruggleswith‘indigestion’Newrecord-lowLNGcarrierspotratesraisethespectreoflong-termlay-ups,brokerssayCoolCoboostsfirepowerwithbankapprovalfor$570mrefinancingBulkersAll-KoreancapesizedealshowsHMMandKoreaLineCorpswitchingsidesonS&PfenceTankersExxonMobilswoopsfortwoGreek-ownedVLCCstoendlong-termcharterstandoffOffshoreBPcontractsSeatriumtobuilddeepwaterproductionunitLawSingaporecourtgrantsCoscoShippingSpecialisedCarriersprotectionfrom$269mIndonesianlawsuitShipyardsLoansecuresbreathingspaceforFSGshipyardsuntiltheendofJanuaryFinanceOdfjellandNorthleafCapitalescalatebattleoverdebtappetiteatUSterminalbusinessInsuranceTheReturnofChurn:InsurersbraceforprofithitfromlossofelderlyvesselsShipbrokingSSYhiresbrokerandanalystinquesttobuildupchemicalsbusinessInsight&OpinionDNBMarketscovetsshipping’sM&AcrownamidcocktailofvolatilityPersonoftheyearHowIdanOferbuilttheworld’slargestprivateshippingfleetCommentThebigthemesof2024:UnintendedconsequencesandwishfulthinkingMariaAngelicoussisfillsherfather’sshoesinlandmarkyearforGreekshipownerIndepthThelongslog:USsanctionsappealsdrformorethanayearasWashingtonrampsupblacklistingsKpleranalystthrowscoldwateronDonaldTrump-IranVLCCstorySurvivalofthefittest:HowshiprecyclersandcashbuyersaresurvivingthebigsqueezeCrudetankerownerswillbethewinnersfromDonaldTrump’sMexicantariffstandoff,sayanalystsRedSeadisruptiondeliversfloorforbeleueredtankermarket,saysKplerGreekshipownersuesafterinsurerssnub$50mpayoutonVLCCseizedbyIranSupercycles,tariffsandchangingtradelanes:ContainershippingisadaptingtonewworldorderTheterroristnamed‘Rainbow’:MeetthemanaccusedoffundingtheHouthiwaronshipping‘Wecan’twaitforwartoend’:Oneyearon,GalaxyLeadercrewlanguishinYemenPotentweaponsandthreateningemails:HowHouthitacticsheevolvedduringayearofterrorWhyfollowingthemoney,notmilitaryaction,islikelykeytoendingRedSeashippingcrisisTankerS&PmarketrunningdryasbuyersunwillingtomeetsellerdemandsEnergyshippingmarkssecond-strongestnewbuildingyearas2024hotsupBelships‘turnedtheeingsupramaxfleetintoanopportunity’,saysbossLarsChristianSkarsgardHongKongshipownersChao,BangaandKooreadytofightinturbulentworldCouldUSsoyshipmentsseeChinaretaliationtariffiftradewargetsbackinfullswing?TankersFirstVLCCreportedsoldforrecyclingsinceAugust2022Bulkers‘Decent’dividendupcomingforGencodespitediredrybulkmarkets,saysFearnleysInsightPanamafiresbacksalvoainstTrump’sweekendclaimsonPanamaCanalRegulationSeafarers‘billofrights’upgradetoimprovepay,foodandworkingconditionsonboardshipsContainersMSCsecondhandsteamrollerrollsonwithpurchasefromalistedGreekshipownerInsuranceBrokersaysinsurersshouldrewardshipownersseekingtoimprovesafetyandcutlossesBoxshipsSeeallarticlesContainershipownerspaypriceforBaltimoredisasterwithspikeinreinsurancecostsLineroperatorsjockeyforpositionintransatlantictradeH-LinetouseAI-basednigationsystemson30vesselsArkasGroupsayscocaineseizurehighlightsdrugschallengeforshippingIdanOferrakesin$120mashetakesZimstakebelow10%SaudiArabiancontainernewcomersetsfirepoweronnewbuildingsHuge10-tonnecocaineseizureshowstraffickersturningtoCaribbeanSSA-SAAMjointventurescoresfive-yearextensiontorunChile’sbusiestcontainerportGermanshipownerFLaeisztiesupentirecontainershipfleetwithdeepseanewcomerWorld’snewestlineralliancegoes‘live’asMaerskandHap-LloydopenforbusinessMaerskinksordersfor20newvesselswithChineseandSouthKoreanshipyardsContainershipnewbuildingorderbook‘notcrazyatall’,saysHap-LloydchiefGeorgeEconomoudivesintocontainershippingwithanorderforfournewbuildingsMaersk:‘LNGisafossilfuel.It’snotgoingtobepartofthesolution’SeaspansellsfiveboxshipnewbuildingcontractstoONEasprofitfalls‘Takehomeaprofit’:Highshipyardpricesdrivingspikeinresaledeals,MBShipbrokerssaysBusyMPCContainerShipsfullybookedfor2024withratesdroppingEuroseasorderscontainershipsinChinaasearningsblowpastWallStreeTradeWinds | Latest shipping and maritime newstbetsHap-Lloydprofitdropsto$1.8bninfirstthreequartersof2024Supercycles,tariffsandchangingtradelanes:ContainershippingisadaptingtonewworldorderBulkersCoscoShippingBulkordersuptoeightdual-fuellednewcastlemaxbulkcarriersFinanceSixstand-outtransactionsinanactiveyearforshippingdeal-makersContainersYangMinggetsthenodtoorderupto13neo-panamaxcontainershipsGasEuropeapproves$4.2bnsubsidiestosupportGermany’scostlyFSRUsBulkersEnTrustGlobal’s$450mbidforBelshipsis‘fair’and‘reasonable’,stockanalystssaySustainabilityRussianspillsparkscallforfullyimplementingIMO’sArcticfueloilbanInsuranceSeeallarticlesLloyd’sofLondonpreparesforshake-upaftermisconductconsultationContainershipownerspaypriceforBaltimoredisasterwithspikeinreinsurancecostsShadowfleettankersfaceinsurancechecksunderplansmootedbyEUnationsSwedishClubpublisheschildren’sbookasaChristmasgifttoabsentseafarersLondonClubreceivesratingsboostafterprofitturnaroundJapanbecomeslatestP&IclubtohikepremiumBritanniaGroupappointsformerEuronbig-hitterasnewchairmanUK’sbiggestshippingsanctionspacketargetstankersandRussianinsurancecompaniesFakedocumentsmaskRussianoilshipments,sanctionsbodywarnsCovidtrainingandRedSeacrisissparkspikeinshippingaccidentsIndiapushesforP&Iclubasitbuildsashieldforinternationalsanctions‘Abnormal’times:ConflictsandclaimspromptNorthStandardtopushuppremiumsPotentweaponsandthreateningemails:HowHouthitacticsheevolvedduringayearofterrorLondonClubannouncesratetargetfor2025afterfirst-halfunderwritinglossShipownersshamedfordarkfleetsalesasEUturnsupheatontankerscarryingRussianoil‘Inappropriateorinsufficientinformation’:IMOhighlightsflawsinshipcasualtyreportsDaliP&Iproviderreportsbigpremiumrisefor2025Spectreofapermanentparallelfleetofshadowtankershangsovershipping,IOPCchieffearsInsurancecostssetformulti-yearrisesbecauseofhigherclaims,sayP&IchiefsP&ImarketleaderGardrevealspremiumriseafterbumperresultsTechnologyGreekandSaudiArabianventureswoopsforbulkerfleetwithfinancetofundretrofitplanCasualtiesChineseshipinBalticSeacableproberaisesanchorandsailsawayTankersIrantoauctionSaintJamestankerseizedoverallegedoilsmugglingCruiseandFerryCarnivalsharessurgeasrevenueandadvancebookingsreachall-timehighsTankersGreekmanerslamsUSover‘shootfirst’sanctionspolicyafterVLCCsblacklistedTankersHopeforVLCCsandaframaxesasgreenshootsseenSustainabilitySeeallarticlesCanDonaldTrumpderailprogressattheIMOafter‘net-unhelpful’JoeBiden?RussianspillsparkscallforfullyimplementingIMO’sArcticfueloilbanPodcastBWOffshore-backedprojectaimstoconverttheocean’spowerintogreenammoniaNorwaytosupportconstructionofninemorevesselssettobebuiltwithammoniaofhydrogenfuelPersonoftheyearHowIdanOferbuilttheworld’slargestprivateshippingfleetPodcastUECClookingtoexpandbio-LNGsupplychainafterTitandealfor2025Eidesvikeyesorderofammonia-fuelledPSVbackedbyNorwegianstatecashUtkilenconvertschemicaltankertorunonLNGVitolshellsout$47mtotakeoverOslo-listedtechnologyoperationHingChao:HowI’mtransformingalegacybusinessintoastart-upWelengthpodcast:TheBalticExchange’sFuelEUcalculatorandthebetonbiomethaneIncomingmethanerulessettocreatetwo-tierLNGcargomarketGriegGreenmaningdirectorPiaMelingtoleeafterthree-yearstint‘Noticeableprogression’:PoseidonPrincipleshailsstepforwardinclimatescoresandtransparencyBidenAdministrationrollsplantodecarboniseshippingoneveofTrump’sascensionLNGano-brainerasFuelEUpricesammoniaandmethanoloutofEurope,BalticexpertsaysHugeincreaseinLNGcarriersandgas-poweredshipssparksmethaneemissionsmonitoringprojectAmmoniaenginedelayspromptEasternPacifictoswitchdual-fuelnewcastlemaxbulkerstoLNGBalticExchangeaimstobecomeFuelEUcostbenchmarkwithfreeemissionstoolDNVgivesNorwegianfirmapprovalforitsliquidhydrogentanksFinanceShippinginvestorsmostbullishaboutcrudetankers,surveysaysNewsTradeWindsquiz:The12questionsofChristmasLawFraudprobe:TopstaffatcollapsedlawfirmAxiomIncechargedwithcriminaloffencesTankersGlencorepilesinforMiddleEastaframaxestosupplyformerShellrefineryTankersVLCCsreturntoAlgerianmarketasAngelicoussistankertakesonfullloadFinanceDNBMarketscovetsshipping’sM&AcrownamidcocktailofvolatilityPeopleMariaAngelicoussisfillsherfather’sshoesinlandmarkyearforGreekshipownerIanBeveridgehandsoverreinstonewCEOatshipmanementgiantBSMHoweRobinson’sGuyHindleyreplacesLordMountevansasBalticExchangechairmanGriegMaritimeGroupnamesex-bankerasnewheadofopenhatchZimatthereadyforchangedworldunderTrumpadministrationEuroseasorderscontainershipsinChinaasearningsblowpastWallStreetbetsSupercycles,tariffsandchangingtradelanes:ContainershippingisadaptingtonewworldorderIran’snationalshippingcompanyslappedwithsanctionsamidRussianweaponsandammunitionlinksSeaspanandOceanNetworkExpressforgeshipmanementventureNewYorktraderJaneStreetreveals$162mstakeincontainerlineZimRisorandBalticShippingforgenewdrybulkventurewithindustryveteranatthehelmPoolveteranChristosMatarangasmakescomebackwithnewtankeroutfitSCIpromotesformerfemalejuniorofficertofinancechiefSSYseekstoclosegendergapbetweenEastandWestCTransportMaritimecelebrates20yearswithstar-studdedpartyinMonacoBeer,chocolateandhydrogen:HowAntwerpluredtheGlobalMaritimeForumJesperBoHansenquitsMaerskTankersasex-NordenexecutivestepsupaspoolsbossV.ShipsappointsOnassisveteranDimitrisPatrikiosasnewheadofGreekofficeApeejayShippingrecruitsV.ShipsAsiabossAhlawatasnewCEOWhoisDanielHockey?‘Fixingmachine’stepsintothespotlightatAffinityBulkersBulkerownerAtlantska’sshareholdersbackdelistinginCroatiaTankersIranlookingtosell25mbarrelsofstoredcrudeaheadofUSsanctionscrackdownBulkersDutchownerLongshipaddstwocargovesselstonewbuildingslateContainersSpikeincontainershipreinsurancecostsreflects‘poorlossrecordoveryears’Tankers‘Ratesdon’tlie’:VLCCearningsshowChinanotturningtomainstreamtankers,saysbrokerFinanceInvestorinflux:ShippingbondsandrefinancingstodriveOslo’suniquemarketin2025,saysArcticBusinessFocusSeeallarticlesSurvivalofthefittest:HowshiprecyclersandcashbuyersaresurvivingthebigsqueezeOwnerscirculatingshadowfleetVLCCsfordemolitionassanctionsputChineseimportsunderpressureCanshipping’sgreenrecyclingambitionssurvivethedownturn?WhenwillGianluigiApontepullthetriggeronademolitionderby?Cruiseindustry’snewbuildingrevivalfocusesonbigshipslikeneverbeforeHowChinahastakenagenerationalgripontheglobalshipbuildingindustryJapaneseshipbuilderseyenewbreedofvesselsastheyplaycatch-uponglobalsteBighittersforecastfurtherconsolidationinfrmentedshipmanementmarketGiantsmakeGreeceaspringboardforthird-partyshipmanementThebigpicture:ShipmanerslookoutsidemaritimetodiversifyoperationsDarkfleetrises:HowshadowshipsservingRussia,IranandVenezuelaareaddingcostandstresstoshipmanersFamilyties:GermanshipmanementgiantforgedasZeabornmorphsintoWilhelmsenAhrenkiel‘TherewillbemoreM&A,’saysshipmanementveteranCarlSchouasheeyesretirementFuture-proofing:FourfactorsshapingthenextgenerationofLNGcarriersFloatingLNGstartstocomeofeasin-serviceunitsshowresultsWhystopwhenit’sjustgettingexciting:‘MrFLNG’JidTalibonasectorsetforlift-offNYKeyes120-LNGvesselfleettooperatebeyondthegreentransitionCash-richshipownerspumpmoneyintocleantechventuresCleantechscale-upsbuildpresenceinChinaasenergyefficiencyinterestclimbsVanguardofshippingcompaniesinvestingreenfuelproductionContainersMSCbossTofttoheadWorldShippingCouncilTankersShareholderscouldbanknearly$9mfromStainlessTankerssalesat‘strongprice’FinanceEnTrustGlobalpouncesonBelshipsin$450mdealCruiseandFerryMSC’sBudDarrreturnstoCLIAasnewpresidentandchiefexecutiveTankersLondonwillbediminishedbylossof‘funguy’Fredriksen,saysFulford-SmithGasSwanEnergyrevivesIndianLNGimportprojectwith&Ptie-upOffshoreNjordPartners’GeoquipstepsupoperationswithconversionofformerAtlanticaPSVChristenSveaasandExmar-backedownersealsPetrobrasdrillshipcharterat$374,000perdayPodcastBWOffshore-backedprojectaimstoconverttheocean’spowerintogreenammoniaRasmussenGrouptightensgriponShearwaterfleetwithloanandsharedeals‘Bigandchunky’:deal-makerMikkelGleeruptalksupfurtherM&AAwilco-backedIntegratedWindSolutionssetsrevenuerecordasshipdeliveriescontinueGetreadyfordividendsafterSolstadOffshoresettlesclaimsonbiggestshipBulkerownermovesintooffshorewithorderfornicherockinstallationshipsGoldenEnergyOffshoreflipstoprofitasfleetgrowthcontinuesKristianSiemstrikesshipsforsharesdealtobuyintoBorealisMaritimebackedventureTidewatersharesplungeafterprofitfallsshortofWallStreetforecastsAngelicoussisGroupstrikesdealtotakeover$2bnfleetofAlteraShuttleTankersKjellIngeRokkesplashes$22.5mtobuyMitsui&CooutofoffshoreshippingventureChristenSveaas-backedSea1Offshoreinksmethanol-readynewbuildingsChristianIngerslevafreeentafterending27-yearstintatMaerskcompaniesFearnleySecuritiesstrikesfreshprojectfinancedealsworth$180mwithmoreinthepipelineGreekshipownerJohnDrnisdivesintooffshoremarketwithmajorfinancialpartnersCarstenMortensen‘absolutelyfocusedonfindinginvestments’afterDee4doublehireOceaneeringsuffersoffshorevesselrepaircostsanddowntimeamidprofitgainsDOFGroupinksnew$50mcontractforplatformsupplyvesselCasualtiesWahKwong-manedbulkergroundedaftershortcircuitdeceivedcrew,probefindsTankersNineVLCCslinkedtoIrantradeblacklistedbyUSTreasuryShipyardsHanwhatakesoverPhillyShipyardasKristianRokke-backedcompanyplotsfutureCasualtiesChinaandSwedenboardbulkersuspectedofBalticcable‘sabote’BulkersCoscoShippingBulkin10-shipbulkernewbuildingdealGasShellhooksupwithYPFonFLNGprojectforArgentinaJobsSeealljobsExecutive,IndustryLiaisonGardExperiencedTankerOperationsAFFINITYTANKERSPTE.LTD.OffshoreSingapore'sKimHengexpandshorizonsinAfricaandtheMiddleEastTechnologySouthKorea’sdedicatedtechnologytestbedvesselsetforfirsttrialsin2025BulkersCapesizebulkerroutpullsBalticDryIndexbelow1,000forfirsttimesinceJuly2023ShipbrokingInstituteofCharteredShipbrokerslaunchesprojecttorestorepositiveimeofshippingBulkersDimitrisProcopiou-ledCentrofinemergeswithnewbuildingsextetinChinaInterviewsPersonoftheyearCookingupastorm:IdanOfer’sChefPatrickreinventsfoodatseaTradeWindsispartofDNMediaGroup.ToreadmoreaboutDNMediaGroup,clickhereAdvertiseTermsAboutUsContactUsFAQPrivacyCookieSettingsTransparencyFacebookTwitterLinkedInYouTubeInstramYourdataonTradeWindsTradeWindsispartofDNMediaGroupAS.FromN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