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Navigator Gas held earnings from its ships on a steady course in the third quarter even as Hurricane Beryl delivered a blow to ethylene exports from the US Gulf Coast. …
New York-listed Genco Shipping & Trading dished out a fatter dividend under a new formula while producing profitable third-quarter results that were exactly in line with analyst expectations. The dry
Oldendorff Carriers has installed three Flettner rotors on the 100,488-dwt post-panamax bulker Chinook Oldendorff (built 2020). The Norsepower Rotor Sails can tilt to allow cargo operations in port a
Hapag-Lloyd has signed two contracts worth $4bn with two Chinese shipyards for a total of 24 neo-panamax container ships. Chief executive Rolf Habben Jansen said the investment was one of …
K Line has seen first-half net profit soar on the back of its containership business as short-term freight rates rose. The Japanese shipowner saw its net income, for the April …
Greece’s Angelicoussis Group is not resting on its laurels after making a big entry into the niche market of shuttle tankers. The giant shipowner ordered three new vessels in South …
Now that former US President Donald Trump has virtually cemented his return to the White House, his focus will turn to building a team to lead his administration. His last …
Following Donald Trump’s election as US president, questions have emerged about how many of his trade tariff threats will become a reality. A trade war with China could potentially hurt …
Donald Trump’s return to the White House brings uncertainty for shipping across many core markets. His potential actions to follow his outspoken comments on global trade and expected intervention in
Germany’s Hapag-Lloyd has signed two contracts worth $4bn with two Chinese shipyards for a total of 24 neo-panamax container ships. Chief executive Rolf Habben Jansen said the investment was one …
Chinese and Polish state-owned shipping venture Chipolbrok has added to its orderbook as it enters bulk tramp shipping. The company told TradeWinds it had contracted two more vessels in the …
New York-listed Ardmore Shipping has emerged stronger from the third quarter, with the winter period looking promising. The Ireland-based product tanker owner said net profit to 30 September was $24.
The acquisition of Altera Shuttle Tankers (AST)’s $2bn fleet has become the highest-profile move by Maria Angelicoussis since inheriting her family’s vast shipping empire three years ago, following he
Shares of most US-listed shipowners fell into red numbers in pre-market trading on Wednesday after the Donald Trump-led Republican sweep in the US political elections. This ran counter to the …
Oslo-listed Stainless Tankers aims to start work on selling two 2005-built chemical carriers immediately, according to chief executive Andrew Hampson. The Tufton-backed company’s board gave the green
Seanergy Maritime Holdings has reported a record profit for the first nine months of the year, as it flipped its quarterly earnings to the black. The Athens-based, New York-listed bulker …
Last week I was in Southampton to see first hand the installation of Smart Green Shipping’s wingsail on a UK-flagged ship. There were a lot of happy faces and a …
Bulker operator Norvic Shipping is exiting the panamax business and it final two chartering staff have departed the company. TradeWinds understands the operator intends to focus on its core business
SFL Corp’s profit increased in the third quarter as its backlog provided a steady cash flow. The John Fredriksen-backed company’s net income was $44.5m compared with $20.6m in the second …
The Port of Valencia is gradually resuming cargo activity after halting operations in the aftermath of severe rainstorms that devastated south-east Spain last week. The port said it is bringing …
