Category: TradeWinds News

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Slump in values ‘likely’ to boost S&P activity for product tankers, says Bimco

Well-capitalised investors will strike as secondhand vessel prices continue to fall, according to chief shipping analyst Peter Sand

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Diana Shipping offloads another panamax bulk carrier

The Greek company has also secured a later due date on a secured loan

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New investor swoops in for big Navigator Holdings position

Neil Gagnon jumps Navigator’s former chief executive for second place

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Yinson VLCC trio books $2.3m profit during hot tanker months

But Malaysian floater specialist could be looking to offload vessels if it cannot win FPSO projects

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Seacor Marine secures US government aid with tax refund

The money, amounting to $28.2m, comes under the CARES Act

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Satellite Petrochemical to begin active talks for $717m VLECs

Chinese chemical producer wants to find someone to buy the newbuildings and charter them back with their delivery dates fast approaching

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Norwegian analyst becomes latest to jump to banking side

DNB’s Nicolay Dyvik is ‘thrilled’ to be making move after nine years in research

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Kuok and Schulte chip in to $36m maritime start-up fund

MPA-backed initiative set to benefit more than 50 locally-based companies

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Honeymoon hell: couple sues Royal Caribbean over New Zealand volcano tragedy

Lawyers claim cruiseship giant should have warned passengers about risk of explosion

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