TradeWinds

‘Killing our business’: Cutting up of infamous ship highlights squeeze on European shipbreakers Belgian yard laments millions in costs and delays as ill-fated container ship Solong reaches end-of-the-line

Asyad sights set on tankers and LNG carriers after adding second Landbridge VLCC Omani owner to embark on next phase of $2.7bn drive

Prime Minister Narendra Modi of India met with US President Donald Trump in the Oval Office in February. Photo: Joyce N Boghosian/White House

The 78,900-cbm Lycaste Peace (built 2003) becomes the first VLGC to transit the new Panama Canal locks in 2016. Photo: Panama Canal Authority

Decarbonisation advocate Rasmus Bach Nielsen quits Trafigura weeks before key IMO vote Influential figure in the world’s second-biggest oil trader to take time out for management school training

Jan Rindbo is chief executive of Norden, which owns and operates a fleet of product tankers and bulkers. Photo: Joerg Boeh/Marine Money

Thenamaris has been linked to the sale of the VLCC Searacer. Photo: Thenamaris

Western Bulk stock drops amid ‘soft and challenging’ markets DNB sees limited relief from freight markets in near term

Christen Sveaas and Kjell Inge Rokke to face off in trial over Solstad refinancing Case will be heard over 10 weeks in Oslo from October

TotalEnergies was an early mover on large LNG bunker vessels, putting its 18,600-cbm Gas Agility into operation in 2020. Photo: Total and CMA CGM

Domestic Norwegian wealth fund cuts stakes in Frontline, BW LPG and Flex LNG Pension fund increases holdings in DOF, Hafnia and Subsea 7 during strong period for the Oslo Stock …

MOL and Itochu plot first capesize ammonia bunkering operations in 2027 Japanese groups teaming up for demonstrations in Singapore

Christen Sveaas' Kistefos seeks to raise $50m in bonds as profit jumps Firm mandates Arctic, DNB and Fearnleys to lead the fundraiser

John Fredriksen offloads tranche of Avance Gas shares days before company delists Tycoon cuts stake in former gas carrier owner before it winds up

Blaze-hit Wan Hai boxship hunts for port of refuge Four seafarers lost their lives in explosion

CMB.Tech tipped to sell 34 ships worth $1.1bn after Golden Ocean merger Fearnley Securities identifies VLCCs, capesizes and other non-core vessels that could be offloaded by Belgian giant

The moment of the explosion on the W-Sapphire was caught by CCTV in Baltimore. Photo: Chesapeake Bay Media/YouTube

Ocean Yield charter backlog swells as company brushes off second-quarter profit drop Vessel lessor mandates banks for new US dollar bond issue

Adnoc Logistics & Services' first female deck officer Sharifa Yousif Abdulla was chosen to be the sponsor of the vessels Al Reef and Gas Yongjiang at their dual naming ceremony …

Expansive Asyad Shipping tied to trio of large bulkers from CMB’s chartered fleet Japanese owners offload newcastlemaxes thought to have years left on their time charters

US President Donald Trump makes an announcement and holds a press conference in the Hall of Nations at the John F Kennedy Center for the Performing Arts on Wednesday. Photo: …

Western Bulk falls to a loss as markets suffer from too much geopolitics and not enough volatility Bulker operator is ‘cautiously optimistic’ for better markets in the second half of …

Norden CEO says ‘we can do things a bit better’ with operated fleet Danish owner-operator has been building its fleet with new leases and generating cash by flipping purchase-option vessels

Meet the lawyers negotiating legal minefield on road to major liquid carbon dioxide shipping expansion Stephenson Harwood experts Kirsty MacHardy and Stuart Burrell call for unified approach to regulations in …

Andreas Michalopoulos days the new deal ‘highlights the diversity and global reach of our chartering relationships’. Photo: Performance Shipping

Clarksons names new head of offshore renewables in Singapore Rouven Willner will focus on expansion in emerging markets

VLCC owner Prima Marine logs lower profit after dry-docking tankers Thai group boosted by new offshore ships in second quarter

The Mediterranean is the most active region for handies. Photo: Alf van Beem/Creative Commons

The 172,600-cbm Arc7 ice-class LNG carrier Christophe de Margerie is in the lead of three more laden, sanctioned LNG carriers moving through the Northern Sea Route. Photo: Sovcomflot

Aframax cargoes axed as maintenance hits volumes at major Black Sea terminal Loadings of Kazakh crude will be suezmax-only in September

Cargo blaze on Maersk boxship under control as tugs arrive on scene Intensified firefighting efforts expected to start as port of refuge sought for the Marie Maersk

Bulker operator BaltNav winds down business in Singapore Danish firm will focus on its activities in Copenhagen

Meratus has ordered two more feeder ships of around 700 teu. Photo:

Indian owner Shreeji Shipping launches IPO to raise fresh cash for bulker buys Group controlling more than 75 ships going public this week

The X-Press Pearl wreck removal is nearing an end. Pictured: the stern section of the container ship. Photo: Sri Lanka Marine Environment Protection Authority

Xeneta snaps up rival eeSea in bid to ramp up liner service data offering Container data providers aim to shine a light on freight costs and liner services

VLCC owner Prima Marine logs lower profit after drydocking tankers Thai group boosted by new offshore ships in second quarter

TMS Cardiff Gas and Celsius Tankers dive in on LNG carrier newbuildings Two owners identified behind six new orders for Samsung Heavy Industries as prices hold firm

Indian owner Shreeji Shipping launches IPO to fresh cash for bulker buys Group controlling more than 75 ships going public this week

Drone strike first: Ship carrying Iranian weapons to supply Russia sunk by Ukraine Photos appear to show fire-damaged vessel down by the stern

Mikki Koskinen is managing director of ESL Shipping. The Finnish company is owned by Aspo. Photo: ESL