TradeWinds | Latest shipping and maritime news

Spain orders slaughter of 850 stranded cows over bluetongue fears Master dies and seven others test positive on bulker in Norway Torm swoops on eight product carriers from Team Tankers Maria Mavroudi launches insurance brokerage Searock V.Group CEO unveils his plans for ‘making the boat go faster’ BW LPG stays positive on rates as $40m VLGC sale falls through Israel says holed car carrier attacked by mines as it blames Iran German Bank arrests Xihe aframax while another product tanker is sold Hyundai Heavy makes LNG bunker vessel debut with Korea Gas deal Meriaura adds a couple of coasters as Baltic market 'accelerates'

Torm swoops on eight product carriers from Team Tankers

Law firm looking for case in GasLog-BlackRock deal

Master dies and seven others test positive on bulker in Norway

German bank arrests Xihe aframax while another product tanker is sold

Ship Management

Interview

V.Group CEO unveils his plans for ‘making the boat go faster’

Maria Mavroudi launches insurance brokerage Searock

BW LPG stays positive on rates as $40m VLGC sale falls through

Belships boosts fleet with double ultramax bulker acquisition

Israel says holed car carrier attacked by mines as it blames Iran

Arne Fredly plots new shipping direction for Hunter after VLCC sales

Bulkers slow on green technology uptake, says Clarksons

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Insight & Opinion

Comment

ESG is forcing change, but some still have their heads in the sand

Harry Vafias sees LPG carrier upside but won’t ‘pop champagne yet’

Clarksons says tanker earnings hit lowest level for at least 20 years

Does ESG push spell the end of shipping's private, family-run world?

Western Bulk is 'building back' as bulker markets rebound

Viewpoint

UK should not be used as bargain basement for shady shipowners

Tanker owners ‘face the music’ as scrubber-fitted eco VLCCs fetch low period rates

Icy conditions see panamax bulkers fixed at red-hot rates, FFAs sizzling

VLGCs crash back below break-even as analysts predict worse to come

Deliveries slow but world fleet tops 100,000 ships for first time

Spacs are all the rage for investors — but can shipowners get a slice?

Market upturn gives shipping companies a chance to show they are investible

Arbitration retains momentum in Singapore as Asian push pays dividends

Viewpoint

Safety can’t be sacrificed as we sail into increasingly complex waters

Viewpoint

We need to expand just-in-time arrivals beyond containerships

Behind the Star-Scorpio deal: sometimes it is about who you know

Altera faces fuel dilemma as it eyes Brazilian shuttle tanker growth

Is shipping on the cusp of a second scrubber boom?

Niels Stolt-Nielsen: Shipping returns unsustainable for past 20 years

John Michael Radziwill can't fathom bulker owners who hurry up to wait

Weekly Edition

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Henning Oldendorff reveals the secret behind 100 years of growth

Shipowners are on the move as P&I clubs get tough on pricing

Top shipbrokers set up carbon trading desks in the hunt for new business

Benelux Overseas books LPG carriers in $140m order at Hyundai Mipo

Ten VLCC newbuilding order at Hyundai yards cancelled

Qatar’s huge LNG newbuilding plans inch closer on project sanction

Fredriksen vehicle Aeternum 'no retreat from shipping'

Quick thinking needed as clock ticks down on EEXI compliance

'Bloodbath' in capesize futures market as tumbling spot rates hit sentiment

John Frangos pulls the plug on pair of private companies

Hadjipateras-backed alternative finance platform targets $162m bulker investment

Three shipowners lined up for Shell’s LNG-fuelled VLCCs at DSME

Panagis Zissimatos revives Adriatic Tankers Shipping Co in Athens

Georgiopoulos partnership emerges as lead investor in huge US methanol project

Legal action forces Economous’ hand on buyout of LNG quartet

Neptune Declaration: More than 300 shipowners and charterers join forces to speed crew changes and vaccinations

Analysis

What really lies behind the rise and rise of handysizes?

BP takes Union Maritime LR2s as Shell fixes wind-powered tanker

For public shipowners, once-questionable scrubber investments are starting to clean up

Owners must be smart to negotiate 'disastrous' negative tanker markets

Shell sees demand for LNG bunkering accelerating

Cargill hires cheaper capesize bulker for grain haul

S&P

Sea Globe Management scores profit on sale of kamsarmax bulker duo

Pioneer Marine sells handysize quartet after loss-making 2020

Steckmest behind swoop for repossessed Polarcus fleet

Viewpoint

As cape market cools, this might be the year of the smaller bulker

Boxships

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MSC adds boxship trio to continue remarkable spending spree

MPCC hikes earnings forecast on back of booming charter market

Matson improves earnings in face of Covid challenges

Atlantica Shipping offloads four containerships as it buys a supramax

Early adopter: Maersk to run first carbon-neutral ship by 2023 in methanol plan

Behind Zim's 'busted' IPO and stirring comeback to record high

CMA CGM launches Flamingo Express at Port Everglades

Zim charters 10 new LNG-fuelled boxships as Seaspan order spree goes on

Container freight market shrugs off effect of Chinese holidays

Maersk sues Glencore in US over contaminated bunkers

Container rates from Asia to Europe top $10,000 per feu

Eastern Pacific Shipping cashes in on strong containership market

Frangou's Navios Logistics offshoot joins hunt for New York IPO

Damaged Maersk boxship forced to divert after container collapse

Maersk assembles new 50-strong team to transform its fleet

Buyers emerge for Maersk ships in 'second death of P&O Nedlloyd'

Boxship charter rates pushing on from 12-year highs in 2020

Drugs found on Hapag-Lloyd boxship boarded by 'pirates'

Robert Maersk Uggla sounds note of caution over soaring rates

Boxship giant Atlas Corp fills CFO role with ex-Maersk man Graham Talbot

Loss-making Teekay Tankers adds new aframax as it buys back suezmax duo

Opec+

Will oil producers open the taps to rescue tankers?

Nordic American Tankers bullish despite quarterly loss

Car carrier reportedly suffers explosion in Gulf of Oman

Analysis

Fitch warns owners that frenzied boxship boom is 'unsustainable'

Ship Management

Female officer reveals experiences of discrimination and intimidation

People

Rob Bryngelson re-emerges in LNG with new venture WaveCrest Energy

Finn Amund Norbye emerges as new boss at Norway's OSM

Lloyd’s of London leads way on rethinking post-Covid-19 workplace

IMO and WISTA International launch survey for women in shipping

Ariston hires former Cargill man to enter structured finance

Mother and daughter arrested after posing as yard owners to sell vessels

Affinity (Shipping) partner Andrew Finn steps down

Arne Fredly in talks to save Axxis Geo as it files for court protection

Tackle the crew-change crisis or risk labour shortage, Jamaican official says

Shipping figures look for a way into the blank-cheque game

Farrar exits American P&I to become ship manager's legal chief

US sanctions head exits as Biden team takes over White House

Angeliki Frangou wins dispute with brother John Frangos

Panagis Zissimatos revives Adriatic Tankers Shipping Co in Athens

Georgiopoulos partnership emerges as lead investor in huge US methanol project

Fredriksen family kicks off sideline investment firm with quick $94m profit

Jeff Bezos-backed Mission Possible Partnership aims to clean up shipping

Clarksons' Middle East boss Essam Bella dies from Covid-19

On Watch

On Watch: Anil Sharma's Indian Super League football club needs to scrap for survival

Biden's transportation pick supportive of Jones Act

Golar LNG homing in on FLNG as it eyes business spin-off

P&I clubs satisfied as dust settles on 2021 renewals

Nanjing Tanker books four MR tankers at GSI amid fleet renewal

Fincantieri points to V-shaped shipbuilding recovery in 2021

Total scoops LNG bunkering licence for Singapore

Timing 'exactly right' for OHT as it moves forward on wind newbuilds

Interview

The passion for safety that drives one of shipping’s youngest CEOs

Berglund reflects on life in Hong Kong and rebuilding Pacific Basin

Robert Maersk Uggla sounds note of caution over soaring rates

Market mechanisms better to cut shipping emissions, says former European regulator

DNV GL says further class mergers are ‘not part of the plan’ after name change

Trash to treasure: Maersk intensifies plastics clean-up work

'It's important that everybody sees themselves as a role model for someone' — Temi Binitie

'Black swans come in flocks': What Trafigura's shipping chiefs learned in 2020

Trafigura to shrink tanker fleet on bearish freight market view

New TMV fundraising push takes Marina Hadjipateras back to her roots

Marina Hadjipateras: shipping start-ups will need to learn the language of data

Citizen of the world Ina Lutchmiah takes challenges in her stride

Stopford and De Stoop look at bright side of new emission rules

Ince does not need another 'major transformational' deal

ZeroNorth's carbon-cutting software to be integrated with fleet management platform

Trials and tribulations: Studying shipping under lockdown

Braemar goes ‘back to the future’ as shipbroker Gundy takes helm

Lois Zabrocky: the Iowa farm kid who made it to the C-suite

Maritime Asset Partners 'building out' its team and its portfolio

'Once in shipping, always in shipping' — Platsidakis knows next career path

Pacific Basin Shipping buys ultramax bulker after 'gruelling' year

Tor Olav Troim costs out Golar LNG’s planned FLNG newbuilding

S&P

Avin International benefits from scrubber premium in tanker charter with Vitol

ADS Maritime still plotting shipping return after VLCC fleet sale

Siem Offshore says desperate OSV owners taking 'risky' charters amid market slump

Rodolphe Saade urges ‘less talk, more action' in rebuff to LNG critics

LNG

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Golar LNG Partners shareholders approve New Fortress Energy deal

LNG tonnage build up puts fresh downward pressure on rates

Flex LNG grabs more shares after quarterly earnings growth

Sovcomflot video captures February first Northern Sea Route voyage for LNG carrier

Total ties up Minerva LNG carrier newbuilding in multi-year deal

Uncommitted LNG carrier newbuilding numbers shrinking fast

V.Ships to crew world's first LNG-fuelled fast ferry

Shots fired at LNG carrier and tanker boarded as hijacked tuna boat becomes mothership

Legal action forces Economous’ hand on buyout of LNG quartet

BW Group sells off Golar LNG shares

Arc7 LNG carrier damaged on Northern Sea Route winter voyage

Sovcomflot confirms LNG newbuildings deal with Total

Awilco breaks its own charter rate record on LNG carrier fixture

Hot LNG shipping market seen as possible stronger seasonal trend

Jovo buys steam-turbine LNG carrier from Mitsui OSK Lines

New Fortress Energy buys Troim's Hygo and Golar LNG Partners in shock $5bn deal

Record $350,000 spot rate paid for LNG carrier rocks market

Flex LNG comes back for another round of share buybacks

Maran Gas linked to $368m LNG carrier order at Samsung Heavy

South Korean yards score $3bn Mozambique LNG orders — but with conditions

ASL Marine tells SGX it has enough financial strength to carry on

SEA-LNG says bio-LNG extends access to green finance

Viewpoint

Market efficiency could rain on the parade despite comparisons to supercycle

Anchor Ship Partners launches $5.65bn fund to buy green LNG fleet

Siemens warns wind-farm vessels need to cut carbon or lose out on charters

Teekay Tankers still looking to repurchase ships sold in leaseback deals

Offshore

Banks take over Polarcus seismic vessel fleet hours after owner defaults

Kristian Siem loses control of Siem Offshore as banks move in

Harren & Partner latest owner to join offshore wind market

Eidesvik Offshore and Golden Energy scoop wind farm charters

Restructured Bourbon to sell or scrap more than 100 ships

Edison Chouest cuts deal for PSV battery power installation

Seacor Marine and CMB strike 46-ship deal for crew transfer business

Van Oord signs for biofuel-powered wind farm cable layer at Vard

Ziton raising $54m to buy wind vessel for Siemens contract

GLDD plans Jones Act fallpipe vessel for US offshore wind market

Siem Offshore unit sells idle anchor-handler in Canada

Solstad avoids buying $122m ship by fixing it in South America

China confronts rig and offshore vessels off Malaysia

OHT grabs share of $406m Norwegian financing for turbine project

PGS launches UK court action to bring rebel lenders on board

Simon Mokster divests PSV headed to serve Turkish power sector

Almost impossible to win decent rates in 'dark' days for PSVs

DOF tasks subsea CFO Jan Nore with clinching $2bn refinancing deal

OHT eyes $2bn of wind charters and main Oslo listing

DOF wins round more banks but rebels blocking vessel accounts

Adnoc L&S details VLCC fleet growth on latest buy

KSIM product tanker hits the auction block in Singapore

Mermaid Maritime plans rights issue as losses continue to mount

Austal lifts interim profit despite ferry sector pandemic woes

Damage being assessed after fire on Torm tanker in France

Bunker prices return to pre-pandemic levels as industry counts carbon costs

Business Focus

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P&I renewal talks to tackle ‘perfect storm’

P&I

International Group stays calm over eye-watering casualty bill

P&I

Pandemic increases insurers' focus on crew well-being and mental health

P&I

P&I casualty costs soar in the age of mega ships and tougher environmental standards

P&I

Technology to the rescue in clamour to seal deals ahead of renewal D-day

The New Normal

Anita Gajadhar: Building resistance in an 'ever-changing global environment'

New Normal

Fabiola Hernandez: A return to the pre-Covid-19 environment looks unlikely

'This is the new normal': Read 40 shipping players' perspectives on what's changed for the sector

New Normal

Abdulkareem Al Masabi: Now is the time to 'act strategically with a long-term vision'

New Normal

Jens Martin Jensen: Why shipping's future makes it worth going back to chemistry class

New Normal

Iro Gidakou: Out of the challenges for seafarers, some opportunities can emerge

Greek shipping looks to an era of opportunity

Greece tries to boost its flag but may fall short

Dorian LPG ‘a thousand times more educated’ on crew change after crisis

George Papadakis: a ship repair broker for all seasons

'Once in shipping, always in shipping' — Platsidakis knows next career path

Greek shipping looking to turn crisis into opportunity

Marine risk

Trio of losses rings up $100m in claims for hull underwriters

Marine risk

Pandemic exerts pressure on marine insurance sector

Marine risk

Shipping braced for increases in insurance rates

Golar LNG Partners and New Fortress ‘keen’ to wrap up merger

Genco Shipping shifts focus to Atlantic ahead of iron ore surge

Teekay LNG welcomes BlackRock, spies more deal potential

Fault missed before 'catastrophic' engine failure on DFDS ropax

Cruise and Ferry

Marios Iliopoulos to profit on cruiseship scrap deal

VIDEO

Seafarers sink tanker during police cocaine raid off Spain

Insurance

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More insurance premium pain ahead for shipowners, says Gallagher

Lloyd’s of London leads way on rethinking post-Covid-19 workplace

Standard Club claims 95% P&I policy renewal success

Viewpoint

For P&I alternatives, shipowners should fix their eyes on Asia

Schutzverein consolidates position after weathering the coronavirus storm

P&I renewal talks to tackle ‘perfect storm’

Former marine insurance executive convicted of assaulting his girlfriend

Insurer Alandia offers mental health support to seafarers

P&I

Virtual renewal to hit owners with very real rate rises

Leading P&I mutuals continue to register fixed premium growth

P&I

P&I casualty costs soar in the age of mega ships and tougher environmental standards

P&I

Big data could play key role in reducing ship casualties

Shoreline keeps lid on rates at Athens Blue War Card renewal

Freight-rate insurance is on its way from firm that launched first fuel-price cover

IUMI head Turner takes newly created marine role at Victor Insurance

Ince does not need another 'major transformational' deal

Containers lost from ONE Apus leading to 'extraordinary costs'

Pacific Carriers fined $12m in US over ‘multiple’ pollution incidents

Video

Insurers pay out $900m as car carrier claims soar

Insurance claim concerns calmed after New Diamond declared 'pollution free'

Jinhui reports turnaround in fourth quarter but suffers loss for 2020

Genco Shipping reports loss amid hefty impairments

'Worst behind us' — Hunter keeps VLCC fleet free for recovery in third quarter

Euroseas logs annual profit as higher charters kick-in

Nigerian militants threaten oil infrastructure as piracy risk rises

MPCC hikes earnings forecast on back of booming charter market

Jobs

Manager – Partnership Sales, Content Studio

Manager – Partnership Sales, Content Studio

NHST Global Publications

Chartering Brokers

Chartering Brokers

Carriers Chartering Corporation S.A

Vessel Operator - Singapore

Vessel Operator - Singapore

Bunge Asia Pte. Ltd.

Head of Crewing, Oldendorff Carriers, Lubeck, Germany

Head of Crewing, Oldendorff Carriers, Lubeck, Germany

International Sales Executive

International Sales Executive

Marine Manager / Harbour Master - Geelong

Marine Manager / Harbour Master - Geelong

Victorian Regional Channels Authority (VRCA)