TradeWinds | Latest shipping and maritime news

CDB Leasing's LNG fleet hits double-figures with latest GasLog deals Adding another bathroom to the house? Evensen weighs in on dual-fuel propulsion Views split on dark fleet tankers returning to mainstream trading Chalos hits out at pro-sanctions pressure group and US sanctions enforcement Maersk Tankers’ Bisgaard steps down from commercial chief role Capesize bulker values surge to highest level since August 2022, report says US launches action against engineer accused of rape Mr Ofer comes (back) to Wall Street and CoolCo steps into a void Blood in the boardroom as two Euronav directors culled but CMB rebellion resisted Carisbrooke Shipping goes solar with Grafmarine panels on MPP deck

CDB Leasing's LNG fleet hits double-figures with latest GasLog deals

Blood in the boardroom as two Euronav directors culled but CMB rebellion resisted

Adding another bathroom to the house? Evensen weighs in on dual-fuel propulsion

Streetwise

Mr Ofer comes (back) to Wall Street and CoolCo steps into a void

Japan’s finance shake-up set to hit LNG and container ship funding

Chalos hits out at pro-sanctions pressure group and US sanctions enforcement

Views split on dark fleet tankers returning to mainstream trading

Tanker sale glut halts inexorable rise of Greek fleet

Wavelength

Bank crisis, what crisis? Why shipping should keep calm and carry on

Eastern Pacific Shipping jumps on Vitol’s vacated product tanker slots

Update

Pressure mounts on IMO as EU backs world-first green fuel law

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Business Focus

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R&D: Why Shell Shipping does not need a bigger boat for its version of JAWS

The Tomorrow People: Future of FFA market will blend man and machine

Tech on a shoestring: Investors put maritime start-ups and scale-ups under the microscope

AI & AIS screening: Big data can have big impact on shipping’s sanctions risk management

Special report: Putting the spotlight on shipping companies at the forefront of sustainable tech

Pursuing a technology ‘game changer’: Shell and fuel cells

From ‘unreal’ to reality: MISC Berhad with the Castor Initiative Charge ahead ammonia fuelling

From trials to the hunt for scale: Cargill Ocean Transportation in biofuels

‘Getting the supply rolling’: Maersk and the hunt for green methanol

Going big: Brazil’s Vale and wind propulsion

Sourcing green LNG: CMA-CGM and biomethane

Closing the gap: Maersk Tankers, Mitsui and Cargill on energy saving devices

Riding the ‘magic carpet’: Carnival, Grimaldi and air lubcrication

When oil and water mix: MSC and synthetic fuels

‘Essential’ to decarbonisation: Mitsui OSK Lines and electric propulsion

Establishing a baseline, then setting achievable goals: Harvey Gulf and emissions monitoring

Pursuing a ‘game changer’: Solvang and onboard carbon capture

Harnessing ocean data: Berge Bulk and optimisation technology

Small ships pursuing a big opportunity: Northern Lights, K Line and carbon shipping

Special report: High stakes for marine insurance mutuals

People

Royal Caribbean recruits FedEx autonomous guru to board

Buttery takes the reins at Singapore’s Grindrod Shipping

Niels Stolt-Nielsen staying on for now as hunt for successor enters second year

Safe Bulkers adds Kristin Holth and CEO’s daughter in board expansion

Furetank’s first female ship master says diversity momentum is building

Slideshow

Slideshow: A-listers turn out for Green Seas debut fuels forum in New York

Danish ferry boss removed as master takes over to save money

Ince defections continue as global boss Julian Clark’s role ‘phased out’

Shipbrokers raise £1m for suicide prevention charity

Su Yin Anand set to exit role as head of shipping at South32

Clarksons’ Jeff Woyda targets maritime growth as he takes ITIC chair

Boost for Euronav as shareholder advisor ISS backs its board candidates

Danish Shipping climate guru Skipper Schwenn on the move

Norden adding former Louis Dreyfus boss Ian McIntosh to board

Russian CEO steps down from ICS board after US sanctions move

Obituary

Colleagues ‘shattered’ as well-loved broker and family man Chris Vasilas dies at 63

Slideshow

Inside Chellaram Shipping’s 45th anniversary party in Singapore

Boss of sanctioned Russian shipowner is International Chamber of Shipping director

Braemar recruits broker Rebecca Reed-Sperrin to lead new oil derivatives desk

Head of admiralty Dwyer tops list of new defections as Ince crisis drags on

Greek operators hauling Russian crude return to pre-sanction levels

Hafnia hands $4m of options to top two bosses following $13m of stock disposals

Carisbrooke Shipping goes solar with Grafmarine panels on MPP deck

DSME takeover: Hanwha Group wins approval from three Asian nations

Canfornav cargo seized over alleged links to Russian oligarch

Teekay Corp buys back $30m of shares and goes for another $30m

ESG

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Green Seas: Are small vessels a missed opportunity for slashing carbon?

Carisbrooke Shipping goes solar with Grafmarine panels on MPP deck

EU confirms world’s first law on green shipping fuels

Podcast: Should shipping even consider the nuclear option to slash carbon?

MOL pumps money into US ammonia-to-power start-up Amogy

Wind power booster claims halved fuel bills in pitch for alternative fuels future

JX Nippon buys Japan’s only drilling contractor as part of carbon capture drive

Mining, steel and shipping group seeking green corridor for South Africa ore

Alternative CII rating index aims to reward productive ships

Columbia’s Mark O’Neil urges shipping to shift focus because fossil fuels are going nowhere

Shell scenario sees need for 10,000 hydrogen ships in service by 2040

Cook Islands says abandonment cases falling as it responds to ITF attack

Kabir Ship Recyling becomes Bangladesh’s third HKC-compliant yard

‘Misleading and false’: furious flag states hit back at ITF over crackdown

Cochin Shipyard wins order for up to four zero-emission hydrogen feeder ships

Viridis closes in on order for ammonia-fuelled bulk carriers as BV approves design

Vitol brings in BlackRock’s Eduard Ruijs to drive energy transition

Editor’s selection: Product tanker bonanza blows, Europe’s shipowners get ‘cozy’ with Russia sanctions and Evergreen bumps bonuses

Green groups pile on pressure ahead of IMO’s ‘defining moment’ on climate change

Marubeni trials: ‘Imperfect’ CII demands collaboration over vessel optimisation, says NAPA

Insurers TT Club and ITIC turn on the charm with big bash in Singapore

Interview

Braemar’s Gundy on shadow fleet deals: ‘We are playing exactly by the rules’

MOL pumps money into US ammonia-to-power start-up Amogy

MOL-led consortium orders methanol-fuelled coastal tanker

Wind power booster claims halved fuel bills in pitch for alternative fuels future

French liner giant CMA CGM joins dash to jump on car carriers

Insight & Opinion

Comment

The IMO is drinking in the last chance saloon on setting carbon goals. Here’s why

Viewpoint

Why regional powers have a pivotal role to play in shaping global shipping regulation

Volvo spin-off PowerCell has big ambitions for fuel cell-powered ships

Comment

Women in shipping need deeds, not kind words, when it comes to safety

Wavelength

Sanctions balancing act leaves shipping hamstrung as the US pulls levers

‘Window of opportunity’: Green group urges action ahead of key IMO meeting

Comment

Has a shifting investor mindset left shipping facing an age crisis?

Wavelength

‘Dark fleet’: Shipbrokers are on thin ice if they ignore Russia sanctions

IWD

Viewpoint: Rewriting the ‘hidden’ women into maritime history

Slow death of the LR1 tanker will not be reversed by rare newbuilding order in China

Investors can keep their calm amid the fistfight for control of Euronav. Here’s why

Cleaves tips new cyclical bulker peak in 2025 as S&P interest revives

Wavelength

Tanker shipowners feast on bitter fruits as Putin’s war rages on

Streetwise

Paying dividends: tankers looking up, dry bulk down but importantly not out

Comment

Whisper it, but offshore oil and gas investment is making a comeback

Letter: The changing shape of marine insurance correspondent work

ICS to put new proposal for fund-and-reward carbon levy to the IMO

Editor’s selection: Costamare Bulkers’ charter spree, trades hit by Russia sanctions and a fresh arrest in China graft probe

Comment

Call China’s crackdown on ship finance what it is: a purge

Plunging container ship values hit the finance market

Private Scorpio Group in deal to manage two Yangzijiang MR tanker newbuildings

Emissions

Mining, steel and shipping group seeking green corridor for South Africa ore

JX Nippon buys Japan’s only drilling contractor as part of carbon capture and storage drive

Tufton backs $67m IPO as new chemical tanker company debuts in Oslo

Orient Overseas Container Line shareholders reap massive dividend

Greek shipowner Nicholas Lykiardopulo adds to BW Epic Kosan stake

Offshore

Maersk spins off Maersk Supply Service for $685m as it completes strategic shift

Clarksons says 400 extra offshore ships will be needed in the next two years

Crew member killed as MISC FSO hit by water ingress

Solstad follows $577m PSV fleet sale with disposal of laid-up AHTS

Viking Supply brings in super-large Ocean Yield anchor-handlers for five years

John Fredriksen and Idan Ofer pump more cash into Edda Wind as it orders new CSOVs

Seacor grows hybrid PSV fleet that helped fuel revenue gains

Siem and Blystad’s Seaway 7 forms new wind shipping venture with Saipem

Tailwinds: Eneti shares surge 12% after earnings beat estimates

Clarksons launches push into Dutch offshore wind sector with takeover of DHSS

Improving markets push Keppel’s offshore arm back into profit

Port facilities require more investment than ships to build US offshore wind capacity

Clarksons Offshore & Renewables hires veteran to lead US wind farm expansion

Wind shift? Strong rates on new Eneti contracts could check disposal plans

Eneti scores up to $13m in new contract revenue on three wind units

Record-breakers: ‘Simply not enough’ AHTS ships in North Sea, Fearnleys says

Fincantieri wins contract to build Crowley-Esvagt SOV

Crowley and Esvagt joint venture to build US service operations vessel

Vroon boss Marks steps down as $330m offshore fleet put on sales block

Renewable construction contract adds nearly $100m to Keppel backlog

Tidewater tipped to stay hungry after raising bar with $577m Solstad deal

Capesize sector recedes as fears of Chinese steel cutback swirl

BREAKING

25 injured after research ship dislodged by storm in Scottish drydock

Markets turn in Braemar’s favour but focus on broking is not ‘luck’, Gundy says

Alfa Laval buys out fluidic air hull lubrication firm

Shipbroker Braemar on target for record annual profit as markets boom

Insurance

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Gard achieves best underwriting performance in 15 years

Piraeus office helps Britannia P&I get close to Greek shipowners

Ukraine war prompts EU to beef up maritime security

Lloyd’s of London reports underwriting profit despite Ukraine war claims

War crimes: Ukraine helps P&I clubs send Russia the bill

Insurer Beazley posts profits despite Ukraine war claims

New insurance partnership to tackle port cyber threat

American Club encouraged after growing 25% at renewal

Russian reinsurer targeted by EU to promote sanctions impact

‘Shipping is in our blood’, says Manos Sofronis of insurance broker Oneglobal

UK P&I Club is upbeat after ‘positive’ renewal

Skuld and West of England claim major increases after renewal

Norway’s Gard makes bumper tonnage and premium gains at annual P&I renewal

Japan P&I Club losses ‘worse than expected’

Letter: The changing shape of marine insurance correspondent work

P&I clubs set $80m excess war risk cover limit for Russia

War risk market finding solutions to reinsurers’ Russian retreat, says IUMI chief

Markel boosts marine logistics team with new hires

Marine hull insurance ‘off the naughty step’ at Lloyd’s, says broker Miller

Norwegian Hull Club offers green incentives for oil and gas clients

Scorpio Tankers locks in product tanker on three-year deal worth $44m

Tufton-backed Stainless Tankers expects to sell fleet ‘in a few years’

Ernst Russ ‘cautiously optimistic’ on prospects for 2023

Head of corruption-hit PDVSA appointed Venezuela’s oil minister

UPDATE

Italian product tanker taken under tow after fire off Portugal

Full details emerge for third LNG carrier scrap sale of 2023

Interview

Interview

Seismic power shift: MOL goes global with biggest shake-up in its history

‘It has been quite a stressful two years’, says Takeshi Hashimoto after taking MOL hot seat

Columbia’s Mark O’Neil urges shipping to shift focus because fossil fuels are going nowhere

Option advantage: ‘We don’t have to run round buying ships,’ says Paolo d’Amico

‘If we snooze, we lose’: Clarksons eyes expansion amid tough competition

TotalEnergies’ Cousin looks to grow dual-fuelled tanker fleet as major probes future fuels

Planets aligned for Braemar’s Reed-Sperrin in ‘interesting’ derivatives markets

Further ship management consolidation hard to see, Columbia’s O’Neil says

Succession: Carsten Rehder passes the baton to next generation

Demand can handle the orderbook, says car carrier boss Leif Hoegh

Interview

SCMA’s Bernice Yeoh restarts Asia outreach campaign after pandemic restrictions

Meet the maritime heating and cooling specialist who fights fires

‘I want to take it forward,’ says ‘ambitious’ new SSY chief Stanko Jekov

Peter G’s return to shipping: ‘I’m happy … and I can’t even tell you why’

Braemar’s James Gundy: ‘I’m a believer in consolidation’

Marine procurement may not be sexy but it can make ships greener, says Inchcape exec

Buoyed by dry bulk, Norden’s Jan Rindbo eyes opportunity in tankers

Maersk-backed ZeroNorth open to more deals as tech sector poised for consolidation

Canopius takes a principled approach to the marine insurance business

Shipping analyst Joakim Hannisdahl reveals plans for new fund after ‘challenging’ Cleaves split

UK needs focused plans and investment to hit 2050 net zero shipping target, says report

Citi’s Parker urges IMO to commit to deeper emissions cuts by 2050

Data reportedly stolen as Dutch ship monitoring firm hit by cyber-attack

Comment

The IMO is drinking in the last chance saloon on setting carbon goals. Here’s why

GTT merges fuel and vessel performance management firms

Oldendorff Carriers makes further staff changes as two of its leaders retire

LNG

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Cool experience: LNG shipowner and sponsor Idan Ofer celebrate NY listing

Shell performed 250 ship-to-ship LNG bunkering operations in 2022

Interview

All about the bio: SEA-LNG urges use of liquefied bio-methane to speed up decarbonisation

Fifteen-year-old LNG steamship floated for sale as S&P action rolls on

Project Greensand scores a world first as cross-border CCS operations kick off

Russia’s Yamal LNG upped exports in 2022 with 90% of cargoes shipped to Europe

Secondhand LNG carrier sales action makes brisk start to 2023 with $500m deals on table

Zim fills up first dual-fuelled container ship with LNG in Shanghai

Golar LNG bags 2025-delivery yard slot for next-up FLNG conversion job

Excelerate Energy buys first LNG volumes in deal with US producer

First laden Q-Flex LNG carrier squeezes through Panama Canal

Cheniere sees 2023 LNG supply gap at one quarter of existing global production

Hoegh snaps up CoolCo LNG carrier as it eyes future FSRUs

Up to 450 new LNG carriers will be needed in the next decade despite the 2022 order boom

Flex LNG starts marketing open vessel duo for 2027 charters

TotalEnergies shifts into sales talks on last of its ‘legacy’ LNG carriers

Hoegh LNG secures $685m loan to refinance two Germany-based FSRUs

China’s Jovo snaps up 15-year-old LNG steamship from Japan’s Shoei Kisen Kaisha

Singapore withdraws concessions for FSRUs used for LNG bunkering

NYK LNG carrier to head to Malta for inspection after refloat in Suez Canal

Peter Twiss retires from Oldendorff Carriers — effective immediately

Italy agrees to extradite alleged Russian oil smuggler

Crude trade shifts to US Gulf as global prices fall

Digital innovation

AI & AIS screening: Big data can have big impact on shipping’s sanctions risk management

Digital innovation

Tech on a shoestring: Investors put maritime start-ups and scale-ups under the microscope

Norden commits to capesize market by snapping up two ships

Boxships

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Capital Product Partners bags $34.4m from Akadimos container ship fixture

Cash-rich HMM expands into the red-hot car carrier sector

Carriers lured by stronger rates to Asia-Mediterranean trade

Evergreen brings 2022 bonus to five years’ pay with second handout

World’s biggest container ship MSC Irina enters service

Evergreen posts higher yearly profit despite second-half container market slump

Two-tier charter market emerges for feeder container tonnage

Zim expects to earn a cool $2bn this year. Here’s why

D Oltmann Reederei splashes out $80m to buy Danish boxship biggie

Container shipping ‘price war’ spreads to Asia-Europe trades

ONE Apus container collapse fuels tangled web of court claims in New York more than two years on

Container giants hit the brakes as ‘go slow’ trend gathers pace

Back to the future: Hapag-Lloyd sees profits falling to earth

Spend your billions wisely — AlixPartners warns liner sector

MPC Container Ships waves goodbye to record returns

Approved: Atlas Corp shareholders give thumbs up to Poseidon take-private merger

Wave of giant container ships hits the water as demand wanes

‘What the f***?’: MSC Apollo liable for bulker crash after wrong turn

Zim and Hats team up to form Vietnamese liner joint venture

Matson’s China volumes chopped in half as results outpace forecast

Feet to the fire: Five analysts break down their favourite 2023 stock bets

Capital Product Partners bags $34.4m from boxship fixture

Alternative CII rating index aims to reward productive ships

Columbia’s Mark O’Neil urges shipping to shift focus because fossil fuels are going nowhere

Shell scenario sees need for 10,000 hydrogen ships in service by 2040

‘Exponential’ rise pushes VLCCs to $113,000 as smaller ships benefit

Jobs

Dry Cargo Ship Broker

Dry Bulk Freight Trader (M/F), Singapore

Dry Bulk Freight Trader, Luxembourg

Facilities Superintendent

Senior Manager Fleet Technical Operations

Senior Director Maritime Fleet Workforce

Director Fleet Operations

Chartering Manager

Harmony Bulkers DMCC

Senior Vice President Fleet Management

CHARTERING OFFICER/MANAGER – GAS CARRIERS/TANKERS

Eastern Pacific Shipping

Technical Superintendent / Fleet Manager

Oceonix Services Ltd.

Ship Manager - Hong Kong

Pacific Basin Shipping (HK) Limited

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