TradeWinds | Latest shipping and maritime news

Peru's maritime authority launches probe into oil spill amid finger pointing Top Ships sells preferred shares to Pistolis and closes MR sale to back newbuildings Fuelled by methanol, powered by hydrogen: Partners aim to solve inland waterway carbon puzzle Pasha Hawaii strikes $46m deal to charter MPCC container ship Capesize bulker market plummets ahead of Lunar New Year and Winter Olympics Streetwise: It’s been a tough start for two public 'spin-offs' China: Government intervention will make or break bulker markets in 2022 VLGC rates drop $10,000 as arbitrage advantage disappears Fuel provider secures arrest order against Crystal Cruises ship over unpaid bills TotalEnergies new France-based LNGBV completes first bunkering for CMA CGM

Top Ships sells preferred shares to Pistolis and closes MR sale to back newbuildings

Peru's maritime authority launches probe into oil spill amid finger pointing

Pasha Hawaii strikes $46m deal to charter MPCC container ship

S&P

Carlyle-backed dry owner Interlink said to be shopping handysizes

UPDATE

Fuel provider secures US arrest order against Crystal Cruises ship

Fuelled by methanol, powered by hydrogen: Partners aim to solve inland waterway carbon puzzle

Galbraiths branches out with new Bergen-based specialised tanker team

Colourful details escape the redactors in Liberian flag legal battle

Crew rescued from cargo ship after possible encounter with Russian warship

Newsletter

Streetwise: It’s been a tough start for two public 'spin-offs'

Capesize bulker market plummets ahead of Lunar New Year and Winter Olympics

Now online Click and read latest edition of TradeWinds

ESG

See all articles

Carbon capture market target for new Knutsen-NYK tanker venture

MOL seeks to catch renewables wave with stake in UK outfit

Spetalen-backed hydrogen bunker start-up Hyon eyes Oslo listing

Hoegh Autoliners puts pen to paper on up to 12 ammonia ready PCTCs

Fuelled by methanol, powered by hydrogen: Partners aim to solve inland waterway carbon puzzle

Port of Los Angeles to spend at least $220m on boosting container throughput

Leading Japanese yards ready to roll out ammonia-fuelled bulker design

GEV brings in Avenir exec Per Roed to drive hydrogen ship project

Tokio Marine joins Net-Zero Insurance Alliance

Shipowners' Club faces up to fixed premium challenge

RightShip expands Scope 3 emission tools for charterers

PGS wins survey deal for Equinor's Norwegian carbon storage project

Newsletter

Green Seas: What's holding back hydrogen fuelling is not the technology

NYK and Knutsen to launch joint carbon carrier venture

Green technology uptake 'ramping up' across fleet, says Clarksons Research

Michelin Man-style inflatable wing sails to be tested on ro-ro

EU defends offshore ship ETS 'loophole' as it focuses on cargo shipping

Sea Change developers aim to smooth the path to hydrogen-fuelled shipping

Marubeni and Eneos to order dual-fuel ethylene carrier

Chark charts success after going solo in Hong Kong

Boxships

See all articles

Euroseas trebles its money on three-year charter for feeder ship

Bumper 2021 Maersk earnings even stronger than predicted

ONE container ship suffers stack collapse in North Atlantic

Container ship charter market kicks-off year on bullish footing

Marinakis raises wager on LNG-ready boxships at HMD

'Aggressive' $6.9bn Seaspan financing is sustainable due to charters, analysts say

It's official: MSC beats Maersk and slides into No 1 slot after 52 years

Maersk ups methanol-fuelling gambit with neo-panamax container ship quartet

US launches probe into Wan Hai and ONE over 'unreasonable' practices

SM Line takes $14m position in rival HMM as 'investment'

Hyundai yards start 2022 with newbuilding orders worth close to $1.4bn

Wan Hai splashes out $132m on sub-panamax container ship trio

TS Lines expands fleet with an order for two more container ships

Container ship slams into Taiwan port, damages bow

Remember the MSC Flaminia case? It's still happening nine years after container ship blast

Appeals court weighs debate over whether to share liability for MSC Flaminia blast

General average adjusting drags on in MSC Flaminia case

CMA CGM unveils end-of-year bonus for staff amid bumper year

Seaspan closes 'innovative' $838m ECA-backed lease financing, with more to come

Oltmann secures $200m in long-term charters in deals with Hapag-Lloyd

Business focus: P&I faces the perfect economic storm

Banks give Nordic Shipholding more time to complete fleet sale

VLCC tonnage builds in Middle East as Atlantic cargoes dry up

Lars Barstad says 'aggressive' Frontline can move for tankers at any time

Comment

Casualty costs weigh heavily on financially stressed P&I clubs

MPCC's Baack says forward-fixing rush never seen before

Insight & Opinion

Carbon pollution price would pay for zero-emission fuel infrastructure, study finds

QatarEnergy hones its shipowner shortlist for first 16 LNG carrier newbuildings

Chemical tankers looking good despite Chinese policies cutting imports

Singapore is still 'world's top maritime city' according to DNV/Menon report

Bulker optimism dampened but still alive, Greek survey shows

Maersk's Christiansen: 'It's an emergency, but hitting net zero by 2040 is doable'

BRS says big rate correction was 'long overdue' for handysize tankers

Bluepool Trading: old friends on a new adventure in the panamax market

Evangelos Marinakis far from the ordinary pool partner as Heidmar moves forward

'Unfashionable' smaller MR and LR tankers dying out as owners chase scale

Dry freight derivatives trading boomed during volatile 2021

More VLCC owners stay away from Middle East as tonnage list shrinks

For Heidmar and Marinakis, it's not just a venture, it's a reunion

BRS says VLCC and suezmax 'cannibals' harming product tanker demand

Container ship asset plays fill Greek pockets in 2021

Bulkers in 2022: will low fleet supply save the day as demand falls?

Fearnley Securities identifies two 'X factors' that could propel tanker rates

Agonising wait as more than 100 bulkers caught out in Indonesia's coal export ban

Nolan plays prophet: which prediction would spell disaster for shipping in 2022?

Tankers look towards 2022 after difficult year, but questions abound

150 years of Swedish Club history

Analysis

'Fire sale' or just red-hot S&P market in Scorpio's fleet sale to Hafnia?

Norside buys Ulstein PSV for conversion into wind farm ship

Cosco Shipping workers handed bonus of 30 times monthly pay

MOL seeks to catch renewables wave with stake in UK outfit

Spetalen-backed hydrogen bunker start-up Hyon eyes Oslo listing

People

Alandia veteran Jan Limnell joins delay insurer Nordic Marine

Former Finnish regulator joins autonomous ship group One Sea

Ship-management boss Ernst Meyer is named CEO of Torvald Klaveness

Broking's new breed: Danish duo sets up shop in Dubai

CargoMetrics founder Borgerson splits with Ghislaine Maxwell

Lawyer Alexia Hatzimichalis succeeds Paleokrassas as WFW's Athens chief

Herman Billung to replace Magnus Halvorsen as CEO of 2020 Bulkers

PCL's Hor Weng Yew appointed chairman of Singapore Maritime Foundation

Logothetis brother quits exec Libra role to run private family office

'Mr TradeWinds' Trond Lillestolen retires after pioneering career

Wilhelmsen finance executive Morten Lertro dies after cancer battle

Former Maersk Broker research boss joins Bimco

Kim Ullman signs off with message of hope for tanker owners

Greece’s Philip Embiricos dies in Paris, at 78

Ardmore's Mark Cameron 'uncomfortable' about ammonia safety

Eagle Bulk veteran promoted to new chief strategy officer post

Concordia rescue act was 'worst part' of Kim Ullman's long career

Pittas unfazed by ‘a little resistance’ from containership charterers

Concordia's Kim Ullman calls it a career after 45 years in shipping

Radziwill: Don't sweat the 'massive overreaction' in bulker markets

CSSC Shipping profit set to surge on dry bulk boom and growth

Liberia's ousted consul in Greece appeals defeat in US court

Supply-demand uncertainties hit spot LNG shipping, but term mood is upbeat

Hoegh Autoliners puts pen to paper on up to 12 ammonia-ready PCTCs

World's first hydrogen ship arrives in Australia to load pioneering cargo

'The end of operations' for Richard du Moulin's Intrepid Shipping

LNG

See all articles

Arc7 LNG carrier heads for Northern Sea Route amid winter ice

NYK Line orders four LNG-fuelled capesizes in Japan and China

It's official: 2021 was a record-breaker for LNG carrier orders

NYK Line expands LNG fleet with two newbuildings at South Korean yards

SK Shipping named as behind KSOE LNG carrier order

Australian regulator orders Shell to halt production at Prelude FLNG unit

Gunvor seals $1.1bn finance deal for LNG shipping and trading

Tsakos Energy chalks up further loss but sees 'evident' recovery

LNG carrier rates tumble from extreme highs but period sentiment remains upbeat

Cosco Shipping Energy confirms order for three LNG carrier newbuildings

Hoegh LNG Holdings makes $139m cash buyout offer for MLP

Deadline for declaring on 17 Mozambique LNG berths shunted back further

BW LNG snatches up to four LNG carrier newbuilding berths at DSME

ExxonMobil pays out top dollar for spot LNG carrier steamship

BW LNG locks away its second speculative newbuilding on long-term deal

Hoegh LNG Partners nudges forward on refinancing of disputed FSRU

Pavilion Energy, QatarEnergy and Chevron team on LNG cargo emissions reporting

Flex LNG lifts fourth-quarter forecast as spot market hits 'all time highs'

Shipping leaders debate LNG's role as transition fuel at COP26 as nations pledge methane cuts

Capital Gas bumps up LNG fleet to 12 vessels with fresh order trio

Port of Los Angeles to spend at least $220m on boosting container throughput

UPDATE

Scorpio Tankers to sell 12 LR1s to Hafnia in clean product market blockbuster

Singapore defends safety of ships transiting the Singapore Strait

Jefferies raises Danaos outlook following $870m fixture spree

Yemen's ticking FSO time-bomb could dwarf Ever Given crisis

CMA

Eagle Bulk boss Gary Vogel to be installed as next CMA commodore

Business Focus

See all articles

Carbon outlook

Su Yin Anand: What is preventing shipping from moving faster to cut carbon? 'I suggest it is fear'

Carbon outlook

NYK's Hitoshi Nagasawa: An 'obligation' to play a prominent role in drive to net zero

Carbon outlook

Precious Shipping's Khalid Hashim: 'The price of fuel oil must reach $1,500 per tonne'

Carbon outlook

Kristin Holth: IMO 'does not show the speed to be the leading star we need'

Green ship technology

Decarbonising Swire Shipping requires a multi-fuel approach

Obsession over future fuels does not help decarbonise shipping, experts say

Green Ship Technology

Norway's Hyon charts a course for hydrogen bunkering

Green Ship Technology

LEO is new kid on the block for cleaner ships to transmit data

VSAT leader KVH disputes LEO's cheaper service claims

Green ship technology

In future, connectivity may come free with digital apps

New rules bring LNG sector to a fork in the road

Asia shipping confidence powers ahead

Spotlight

Marine insurance outlook is brightening on road to recovery

Iyo Bank profits by reaching out to non-Japanese players

Shipowners of Shenzhen look for boost from new fund

Offshore wind gives new impetus to reborn Singapore OSV player

Asia Maritime powers ahead in face of mixed markets and Covid-19

Maritime Asia

Singapore shipyards look to reap rewards of US offshore wind push

Spotlight

Australia’s Southern Green Gas unveils plans to produce synthetic LNG at scale

Spotlight

Wagstaff waves the flag for a more diverse London insurance market

Crude tankers tabbed to continue butting into product trades

US-backed maritime security forces continue patrolling Middle East Gulf

Cruise and Ferry

Crystal Cruises suspends operations due to parent Genting HK's financial woes

Spot market

Capesize bulker market hits 18-month low as coal ban meets iron ore demand slump

Defusing the bomb: what are the options to neutralise FSO Safer?

Leading Japanese yards ready to roll out ammonia-fuelled bulker design

Offshore

Swiss fund Partners Group eyes new orders after buying SOV player North Star

In first, new offshore wind auction seeks US vessels

DOF's rebel alliance says it can now block $2bn refinancing

Reach Subsea charters in Olympic trio as momentum builds

'No hesitation': Fredrik Remoy explains $44m K Line fleet swoop

Fredriksen sheds almost entire 10% stake in Solstad Offshore

The 'very best': Borealis Maritime snaps up K Line anchor-handlers

CIT Group in $35.5m financing for arm of Hayfin Capital Management

K Line sells offshore vessel fleet after winding up Norwegian subsidiary

Clock winds down on Eneti offering proceeds as share price lags

Reach Subsea buys CO2 storage monitoring company from Equinor

Standard Drilling PSV buyer paid a premium for cable-layer conversion

Clarksons Research says OSVs and panamax boxships decline as overall fleet size grows

'Re-IPO of the business' leaves Eneti counting cash and looking forward

IPO debutant Edda faces delivery headwinds

Confidence abounds at Eneti as Jones Act wind turbine installation vessel in sight

Over-allotments could add $30m as Edda Wind launches Oslo IPO

Spetalen and Fredly could oppose Noble's merger with Maersk Drilling

Boskalis wins whopping charter for wind farm crane ships

Wind player Eneti prices $175m equity deal at huge 36% discount

GEV brings in Avenir exec Per Roed to drive hydrogen ship project

Newbuildings

X-Press Feeders returns to China for midsize container ship quartet

Greece's Asso adds to fleet with SBM Offshore construction ship

'Historic' low: just four container ships scrapped in second half of 2021

'Tough task': Salvors complete Wakashio bulk carrier wreck removal

'Gold dust': SGMF shifts to first ammonia fuel guide after revising flagship LNG publication

Interview

Maersk's Christiansen: 'It's an emergency, but hitting net zero by 2040 is doable'

Disgruntled investor Ned Sherwood steps up his call for Navios Partners changes

Variant need not spell 'doom and gloom' for clean tankers, freight analyst says

Kristoffersen says it's 'painful' leaving Klaveness after 15 years

'I really, really wanted to leave at the top,' says Ullman, 'but this is the lowest possible'

ABS boss says class can keep pace in race to cut carbon

Mia Elg charts dynamic course to energy efficiency at Deltamarin

Carisbrooke's Tveitan de Jong says 'unprecedented rates' welcome after tough decade

Emanuele Grimaldi pushes green agenda in shipping, but criticises emissions trading scheme

Thanks a billion! Macquarie toasts ship finance milestone

Macquarie strong on decarbonisation path

Young lawyers should broaden horizons in cyclical sectors, says Winston & Strawn's Alison Weal

Times are changing for female lawyers, says Winston & Strawn's Alison Weal

Frontline's Barstad says charterers may have to break 'radio silence' on cargoes

Seaspan Corp transformation 'no accident', says Bing Chen

SSY in talks to buy shops as hot markets fuel competition

Shipping is like a 'good wine', says Martin Stopford on his industry half-century

Unni: Maersk Tankers deal a partnership with people 'smarter than me'

Seaspan Corp bets big time on 7,000-teu containerships

Profile

Langh-Lagerlof continues to innovate with clean tech systems

Liquid CO2 carriers

Carbon capture market target for new Knutsen-NYK tanker venture

Small is beautiful for unique Shipowners' Club

Tokio Marine joins Net-Zero Insurance Alliance

Prax Group gets into shipowning with product tanker buy

Golar spin-off CoolCo seals $570m loan as it eyes second listing

Administrators put sale sign on Genting shipyard in Germany

Tw+

See all articles

This time it’s personal. Shipping heeds the call of the office

That’s oil, folks! The sun is slowly setting on tankers

Cruise is setting sail on an ocean of debt, so why is it so optimistic?

Shipping finds itself fast-forwarded into a digital future

Wine to water: 20 questions with Esben Poulsson of the ICS

The No Normal: Dry bulk had better get used to coping with volatility

When Covid met Brexit: How European shortsea operators rode out the storm

Labour convention shows its true stripes — it’s a toothless tiger

A lifeline for seafarers amid the hidden Covid-19 crisis

In sickness and in wealth: How Covid supercharged the box boom

Lambs to the water: How can livestock carriers clean up their act?

Everything you always wanted to know about carbon trading

Cargill gets ‘skin in the game’ of wind assistance

‘Ammonia-ready’ sounds great. What does it mean?

Does your ship have the EEXI factor?

Man on a mission: Bo Cerup-Simonsen and the countdown to zero carbon

TW+

Building in the bio: The quest for LNG’s holy grail

Synthetic-LNG: ‘it’s absolutely no miracle’

Tristan Smith: ‘The climate doesn’t care what’s on a certificate’

Tristan Smith: ‘The IMO seems in denial about the scale of carbon challenge’

ANALYSIS

Will VLCC owners fight back in 'bleak' markets as fuel costs rise?

Yards face fresh wave of orders for 7,000-teu neo-panamax container ships

Helsinki Shipyard reveals deal for Norilsk Nickel LNG-powered icebreaker

Capesize bulkers ride Russian surge in coal exports to Asia, says SSY

Singapore offshore sector poised for cyclical upturn, says UOB Kay Hian

Ocean Network Express complains it is being singled out by US shipping regulator

Jobs

HR Advisor (Bergen)

HR Advisor (Bergen)

Gearbulk Norway AS

Technical Superintendent + Techn. Superintendent Trainee

Technical Superintendent + Techn. Superintendent Trainee

Gearbulk Norway AS

Tanker Claims

Ocean Shipbrokers Ltd.

Credit Risk Analysts

Credit Risk Analysts

Infospectrum Ltd.

CHARTERING MANAGER - Singapore Based

CHARTERING MANAGER - Singapore Based

HBC Asia Pte Ltd

Office and Project Coordinator

Office and Project Coordinator

Oceonix Services Ltd.

TradeWinds is part of NHST Media group. To read more about NHST Media Group, click here