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Shipping Index
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Teekay veteran goes Tactical

Former Teeky Corp and SPT executive carves a name in niche sector with shipmanagement pact led by Tactical Marine Solutions.

2011-01-28 22:24:46.0
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‘Siege’ on German tanker

Crew of Lloyd Fonds-owned, Heidmar-connected New York Star staying in citadel after pirate attack.

2011-01-28 20:12:52.0
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Alafouzos affiliate offloads aframax

Greek media mogul’s maritime wings sheds tanker for $18.8m as house cleaning commences ahead of 2011 deliveries.

2011-01-28 19:38:34.0
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Tanker stocks surge on Wall Street

Shares of US-listed tanker owner General Maritime gain 12% out of the gate as Egyptian protests spread to Suez.

2011-01-28 18:31:41.0
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KLC chaos kills Excel bond bid

New York-listed owner axes $250m fundraiser following Korea Line’s filing.

2011-01-28 16:32:07.0
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Lisin eyes huge shipping IPO

Russian billionaire considering listing North-Western Shipping, Volgaflot, ports and shipyards.

2011-01-28 13:33:01.0
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Quotes of the week

Beluga lets fly over a hijacking and there is nothing finger lickin' good about KLC at the moment.

2011-01-28 09:32:22.0
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K-Sea Transport goes clean

US tug and barge group takes a hit in the final quarter but CEO Timothy Casey says costly investments will pay off.

2011-01-28 20:28:57.0
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New5 in Numb3rs

V.Ships hits the sales block with $550m asking price while Hoegh delivers another hammer blow for Vinashin.

2011-01-28 10:39:25.0
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Saade reclaims CMA CGM crown

CMA CGM founder back at the helm following completion of $500m investment deal.

2011-01-28 14:06:27.0
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Tunisia halts car imports

Political turmoil in North Africa stalls car-carriers as Tunisia’s interim government continues corruption probe.

2011-01-28 17:58:45.0
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P+S grabs Arctic Line orders

Two of German builder’s yards to share five newbuildings from Greenland’s Royal Arctic Line.

2011-01-28 16:55:08.0
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Cargill clinches timely charter

US agricultural heavyweight keeps Diana Shipping bulker fed for a year with $4.5m time charter.

2011-01-28 16:34:36.0
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Boa Fortune set for lengthy lay-up

Norwegian owner warns it will not trade platform supply vessel until rates pass £7,000 mark.

2011-01-28 13:40:00.0
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Green light for pirate payouts

Lining Somali pirates’ pockets not bribery as UK court quashes oil trader Masefield’s appeal.

2011-01-28 11:47:38.0
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Adani in capesize deal

Indian group fixes two capesizes long-term as part of tie-up with Japanese trading house Kowa.

2011-01-28 13:20:03.0
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Line lines up scrubber

Finland's Containerships fitting Wartsila exhaust cleaner on 2002-built vessel.

2011-01-28 12:12:47.0
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Precious profit pounded

Thai bulker owner’s earnings still shrinking after vessels sold off last year.

2011-01-28 11:49:15.0
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Spanish solution for ferries?

State of Alaska hoping to end ships’ engines problems by seeing how similar glitches are handled in the Med.

2011-01-28 13:36:03.0
Chartering
free news
Tankers

Rates slide again in the over-tonnaged Persian Gulf despite a busy day of fixing.

VLCC:

down

Suezmax:

even

Aframax:

even

2011-01-28 16:37:00.0
Dry Cargo

Voyage charter rates in dire straits with well under $10,000 a day on the table in all areas.

Capesizes:

down

Panamaxes:

down

Supramaxes:

down

2011-01-28 16:30:46.0
Containers

Hamburg Shipbrokers' Association's new ConTex containership chartering index up seven points to 593.

4,250-teu:

up

2,700-teu:

up

1,100-teu:

up

2011-01-27 14:41:54.0
Offshore

Norwegian charterer snaps up AHTS trio and is there also hints of a climb on the cards for PSV owners?

AHTS:

up

Large PSV:

even

Small PSV:

even

2011-01-28 17:52:11.0
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Deaths as ferry burns off Indonesia

Smouldering cigarette suspected as over 10 die and hundreds rescued after blaze off Indonesia.

2011-01-28 12:32:51.0
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Gard set to scoop another jackpot

Outlook raised to positive as Norwegian marine insurance group prepares to add another $220m to cash mountain.

2011-01-28 09:01:00.0
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Tidemand calls time after 30 years

Shipowner Sverre Tidemand reveals plans to quit as CEO of Oslo-listed Belships.

2011-01-28 12:51:34.0
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Subsea snares Petrobras deals

Norwegian offshore owner wins two vessel charters for oilfield work from Brazilian giant.

2011-01-28 09:49:51.0
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Neptune cuts offer pricing

Australian oil and gas contractor forced to cut issue price for already heavily discounted capital raising.

2011-01-28 09:45:06.0
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Hanjin returns to profit

Container operations were the main driver as South Korean shipowner returns to the black for 2010.

2011-01-28 08:05:54.0
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Wartsila powers past Q4 forecasts

Ship engine manufacturer trumps four quarter expectations and looks for wider margins in wake of cost cuts.

2011-01-28 11:52:18.0
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Gladstone back in action

World’s fourth largest coal export terminal says it is moving towards resuming full operations following floods.

2011-01-28 03:15:46.0
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Fire hits German cargoship

Blaze on Esbjerg linked to welding at Flensburg shipyard, but extinguished by firefighters.

2011-01-28 10:16:48.0
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Keppel adds to Subic stake

Singapore group snaps up goverment holding in Philippines shipyard subsidiary.

2011-01-28 10:56:12.0
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Meiji sinks further into red

Japanese tanker and bulker owner runs up nine-month loss and braced for chilly final period.

2011-01-28 09:49:23.0
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Ferry passengers evacuated

TT-Line’s Peter Pan heads back to Swedish port after fire breaks out in truck.

2011-01-28 10:35:43.0
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Singapore ship sinks off Indonesia

All-Thai crew safe as small asphalt carrier lists and sinks reportedly after striking reef.

2011-01-27 15:07:43.0
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Vancouver back on track

Canada’s largest port says it achieved “record-breaking volumes” in key sectors as tonnage jumped 16%.

2011-01-28 05:02:33.0
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Afai Ships hauls in four

Hong Kong based fast ferry builder has secured newbuilding orders from two mainland operators.

2011-01-28 06:22:50.0
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SeaBird pens PGS partnership

Oslo-listed data firms join forces in $41m hook up linked to “fastest growing segment” of the seismic game.

2011-01-27 21:40:35.0
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LNG boosts Exmar’s bottom line

Belgian gas owner’s LNG unit proves profitable as Teekay alliance adds cheer to turbulent 2010.

2011-01-27 20:33:56.0
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GE in Mercator rig deal

Great Eastern snapping up jack-up unit Greatdrill Shipping from compatriot but no price revealed.

2011-01-27 13:51:57.0
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LDA books eight bulkers in China

French owner Louis Dreyfus pens bulker octet in “counter-cyclical” order at Tianjin Xingang Shipbuilding.

2011-01-27 16:10:42.0
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EMGS scoops 3D data deal

Oslo-listed imaging firm sends ship to Mozambique in search of $8.5m payday.

2011-01-27 17:53:55.0
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Royal rebound to get better

US cruiseship giant saw profit soar last year, and is predicting more growth for 2011.

2011-01-27 14:53:12.0
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