Category: TradeWinds News

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Spring rate rally has captured new investors for tankers

Some of the retail investors that rushed into tankers when floating storage took off in March have stuck around, owners said

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Norwegian Cruise Line brand hit with suit over on-board death

Attorney for the plaintiff says the deceased did not have Covid-19

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US West Coast dockworkers to stop work again as protests continue

The work stoppage comes as protests against racism persist following the killing of George Floyd

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Hoegh car carrier fire finally extinguished after eight days

Putting out the blaze was ‘a waiting game’, according to the US Coast Guard

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Greeks abandon Venezuela trade after US sanctions

NGM Energy, Dynacom and Thenamaris pledge they won’t load Venezuelan cargo after US slaps sanctions on one of their tankers each

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Globus: coronavirus could lead to recession beyond pandemic

Dry bulk shipowner takes $4.6m impairment hit on its fleet

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Shareholder asks Dorian to curb share buybacks

Phillip Oppenheimer said there is too much uncertainty in the market for Dorian to continue the programme

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Dynacom commits to cutting business ties with Venezuela

The Greek shipmanager had one of its vessels sanctioned by the US earlier this month

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Chinese iron ore demand helps capesize rates complete a full week of growth

The capesize market has made it to Friday without so much as a wobble in rates, as demand for ore from Chinese steel mills remains firm

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APL boxship master can return home after cargo loss

Malaysian captain’s bail conditions changed following incident off Sydney on 24 May

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