TradeWinds

Iran claims attack on two tankers as Tehran’s toll authority declares Hormuz closure Vessels were under US air escort, according to Revolutionary Guards statement

US-listed shipping stocks grind out overall positive week Two rivals in dry bulk diverged, while Scorpio Tankers was punished for an earnings beat

Swiss bank J Safra Sarasin moves chips into shipping stocks, led by Star Bulk buy Basel-based outfit has also moved into DHT Holdings, CMB.Tech, Carnival and Norwegian Cruise Line Holdings

Wavelength podcast: Understanding Adnoc L&S raid on secondhand market Plus, assessing the success of Europe’s own raids on flag-hopping sanctioned tankers and the rise of Russia’s fleet

Norwegian Cruise profitability beats expectations as outlook dips Miami cruise giant’s 2026 earnings outlook comes in below analyst expectations

NextDecade sublets LNG carriers as first chartered vessels deliver to company But CEO Matt Schatzman said focus is not on trading LNG carriers

Taylor Maritime finance chief retires as part of company wind-down UK owner will not seek a replacement for Yam Lay Tan

London shipping arbitration cases hit decade high Law firm HFW tots up the caseload of leading maritime jurisdictions

Eyal Ofer’s Zodiac Maritime orders new car carriers amid ‘incredible’ growth in Chinese exports UK’s largest shipowner adds to its interest in a lucrative niche

Bahri VLCC flotilla seeks safe route for Saudi oil to avoid Houthi threat Six tankers appeared to turn south on Thursday as the Bab al-Mandeb remains closed to the country

Transworld in talks with Swan Defence for container ship newbuildings Newbuilding plans emerge after Indian owner completes sale of six older boxships to DP World subsidiary

Japanese shipping giant MOL slashes spending pot as it pivots from growth to profit Japanese shipping giant outlines a different route to growth under its latest long-term strategy

Adnoc L&S splashing out over $500m on gas carriers to safeguard LPG contracts Middle East owner linked to Hengli VLAC resale duo and three 2016-built VLGCs

Wintermar Offshore looks to boost fleet with secondhand buys and vessel orders In part due to $1.6m gains from a vessel sale, Wintermar’s net profit rose 24.4% year-on-year to $8.4m …

Saudi Arabia sets up new maritime defence force for Red Sea transits Kingdom is said to have invited about 50 countries to join initiative after restart of Houthi attacks

Baltic VLCC rate row: Mercuria attempt to access confidential data blocked by judge Case management hearing sees trader’s appeal on the matter also rejected

Has Europe’s ‘whack-a-mole’ approach to detaining sanctioned tonnage worked? Think tank believes EU approach works but has shifted the flag-hopping sanctioned fleet to the Far East

Civilian voyage or battlefield? We must protect ships and crews from threat of war Dmytro Barinov, head of Ukraine’s port association and former seafarer, makes call to retain shipping’s fundamental …

Tanker and 12 seafarers held in Nigeria over alleged oil smuggling The Filia was detained by the Nigerian Navy, accused of siphoning crude.

Trader BGN founds US bunkering venture for VLGC fleet and third-party ships Dubai group says new business is a milestone in its vessel fuel operations

Former Maran Gas LNG carrier emerges under Russian flag Russia has bought at least seven secondhand LNG carriers this year, with vessels originating from major shipowners

Pelagic Credit breaks into bulkers in deal with Hartmann Group Oslo-listed investor agrees to buy and lease out three handysizes

Crude tankers brave Red Sea transits as Houthi deal with China ‘confirmed’ Shipping data reveals 25 vessels passed through the Bab-el-Mandeb strait on Thursday

Seatrium’s net profit triples due to growth in high-margin projects Singapore-listed shipyard groups’s bottomline for the first half of 2026 leapt 158% year-on-year

Zhoushan Changhong secures rare newcastlemax bulk carrier orders worth $160m Shipyard’s shipowning arm New Yangtze Navigation ordered two 212,000-dwt newbuildings for 2029 delivery

US military rejects Tehran’s claim that sanctioned VLCC sneaked though blockade Tehran’s state media says crude tanker Nora passed through what US calls a ‘steel wall blockade’

Bahri orders LNG dual-fuel newbuildings as profit piles up National shipping line records profit growth for the first six months of 2026

Emanuele Lauro on new VLCC partner: ‘We’ve had a relationship with this gentleman for many years’ Could the New York-listed owner actually wind up operating the big tankers this time?

Britannia cuts losses as Baltimore bridge disaster fallout continues Insurer claims significant improvement despite second year of underwriting losses

d’Amico doubles down on tankers with plans to buy and charter ships Italian owner DIS says product tanker earnings should support the likely purchase of at least one MR tanker

Genco investment gains power higher profit at Diana Shipping Shares in takeover target Genco Shipping & Trading have appreciated by 60% over the past 12 months

Renewed Houthi Red Sea strikes see insurers hike Yanbu port call costs Lloyd’s of London war committee expands war risk zones to larger parts of vital waterway

Seanergy rides capesize wave as it boosts dividend and orders on record profit Stamatis Tsantanis-listed outfit enjoys its highest freight rates in more than four years

Houthis mull Red Sea toll plan inspired by Iran Kpler study said coastal states could earn $136bn a year from tolls on top 10 global chokepoints

Scorpio unveils series of tanker newbuildings amid near-record-beating quarter Clean product giant generated $604m in the first half, as third quarter bookings have cooled from peak

Energy giants bid to supply LNG bunkers to Singapore as city state tightens environmental rules New licensing round signals a notable shift in what the world’s top bunker port expects

NYK buys into growing pure-play LNG company MidOcean Energy Shipowner said it is forging partnership for LNG marine transportation

Adnoc L&S linked to six-strong VLCC raid as UAE battles to keep oil flowing UAE shipowner linked to deals with a host of international player

Dividend and disruption: Why crude tanker stocks are sailing ahead of product peers This week's Streetwise looks at the valuation disparity between owners of crude and clean product tonnage

Procopiou and Alafouzos tankers hit in new Black Sea strikes against CPC Key outlet for Kazakhi oil, which crosses Russia, has been a frequent target of Ukrainian drones

QatarEnergy braves Strait of Hormuz with first LNG shipment in three weeks Producer is moving to source US cargoes for its customers as disruption rolls on

‘It’s our turn’: US launches two-hour attack on Iranian targets Both sides continue to grapple over control over shipping traffic through Strait of Hormuz