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  • Navios Acquisition to raise $15m from shares for business costs

    Navios Maritime Acquisition Corp is selling a further chunk of equity to help cover the day-to-day business costs. The Monaco-based tanker owner has priced an offering of 1.88 million shares of common stock for an aggregate of about $15m in a registered direct offering at $8 per share. The offering, set to close on or about 24 October, expects to make $14m, to be put toward "general corporate p

    Tankers  tradewindsnews.com 18 Oct 16:47 GMT Michael Juliano

    Wyker sells ferry to Greek family-owned consortium

    Wyker Dampfschiffs-Reederei Fohr-Amrum (WDR) has sold one of its ferries to a group of businesses owned by a Greek family that owns Cretan Daily Cruises. The German ferry operator has offloaded Rungholt to the undisclosed Greek buyers in Kissamos, a town on the Greek island of Crete. Financial terms of the deal were not disclosed. Calls to Wyker were not immediately returned. Wyker used the shi

    NEWS  tradewindsnews.com 18 Oct 15:23 GMT Michael Juliano

    Bridges raised as speeding ship puts Swedish authorities on alert

    Rix Emerald reported to have experienced technical trouble in Gota River

    Weekly  tradewindsnews.com 18 Oct 14:57 GMT Gary Dixon

    MPC: investors showing 'high interest' in tanker space

    Robert Frese reveals blueprint for success in German management sector

    Tankers  tradewindsnews.com 18 Oct 13:28 GMT Gary Dixon

    Equinor hires Dof anchor handler for an extra six months

    One of Dof's anchor handlers has won a contract extension from Equinor Energy, while the shipowner works on securing long-term financing. Dof eyes $22m in new equity to help rescue Dof Subsea The Norwegian state energy producer will keep the 35,024-bhp Skandi Vega (built 2008) on hire for another six months, exercising a contract option linked to the framework agreement it signed with Dof in 201

    Offshore  tradewindsnews.com 18 Oct 11:59 GMT Holly Birkett

    Scrubber retrofit fires and acid corrosion insurance claims revealed by Gard

    Norwegian insurer blames a combination of design faults, poor workmanship and lack of preparation

    Insurance  tradewindsnews.com 18 Oct 11:11 GMT Gary Dixon


    UK maritime bodies 'cautiously' welcome Brexit deal, but uncertainties remain

    Attention now turns to the remaining unsolved issues and how UK-EU maritime relationships will stand after Brexit

    NEWS  tradewindsnews.com 18 Oct 10:21 GMT Holly Birkett

    Crude tanker fleet growth highest for six years, but set to tail off

    London broker SSY says 5.6% expansion of capacity in 2019 will not be repeated over next two years

    Tankers  tradewindsnews.com 18 Oct 10:12 GMT Gary Dixon

    Upstart anti-scrubber EPA campaign remains in the shadows

    Environmental Protection Alliance intends to keep its backers' names private to avoid what it claims is 'relentless harassment' by major corporations

    NEWS  tradewindsnews.com 18 Oct 09:46 GMT Michael Juliano

    World's largest LNG bunker vessel launched for Total in China

    MOL's pioneering LNG bunker vessel must be completed in time to serve CMA CGM's boxship newbuilding giants

    Gas  tradewindsnews.com 18 Oct 09:36 GMT Lucy Hine