Category: TradeWinds News

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Sembcorp Marine demerger to create a ‘more focused company’

Analysts say $1.5bn recapitalisation plan will help strengthen shipyard group’s balance sheet

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Safe Bulkers: capesize rates will rise as long as there’s no coronavirus ‘surprises’

Company will be happy with cape rates as high as $20,000 per day, chief executive Polys Hajioannou says

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Big names jostle for $225m Equinor wind vessel deal

Traditional offshore players vie with big conventional shipping names

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Cunard extends its fleet lay-up again amid restart plans

The world’s entire cruiseship fleet is temporarily out of service

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Penguin sees bullish analyst view toned down over virus fears

Singapore shipbuilder faces challenges such as weaker demand for its vessels and pressure on charter rates

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Safe Bulkers posts loss amid heavy voyage costs

Company has $127m in liquidity on books

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Insurers warn about low water levels on the Parana River

Dry weather in South America has led to more groundings on the Parana River

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