Genco Shipping hires Blackstone Restructuring advisor will work with bondholders aligned with Jefferies
SSY and Lalemant merge to create US ship chartering powerhouse Tie-up heralds a new era for the country's shipping scene
Zodiac's $80m VLGC sale shows prices climb as interest builds Secondhand deal makes more than some newbuildings
Oaktree buys Commerzbank 'bad' chemtanker loans Portfolio worth $385m but the price of the deal is undisclosed
Data Hub: Load Factors Economic growth in advanced economies is stronger than expected, while growth in emerging economies is weaker
No hiding place from the refuge issue States obliged to shelter damaged ships often put public perception first
Louisiana transhipment hub comes a step closer US Citizenship and Immigration Services approves LIGTT development
How to take the sting out of currency swing Both container lines and their customers are exposed to foreign exchange risks. Could a private sector initiative help?
Gulftainer looks to triple its global container volumes Group targets 18m teu by 2020 with further partnerships in the pipeline
Keep taking the tablets iPad and Twitter generation shippers will demand instant supply chain data
Hacker alert: Cybercriminals target box port IT systems Hi-tech global gangs use keyloggers and break-ins to compromise supply chains
Evergreen announces box sale Taiwan firm raises $76m from disposal of 32,000 Greencompass containers
New normal for global box ports Forecasts of higher growth in 2014 amid background of radical changes
Drillship cancellation at DSME points to TMT Contract struck in 2008 was worth $673.8m
LNG ships closer to carrying cargoes from Queensland Curtis project BG Group reaches project milestone
Box production stuck in the slow lane Early buying spree by lines peters out in 2013 as lessors continue to invest
Cheap debt clouds box lease rates Smaller players put pressure on new contracts but major lessors remain positive for 2014
German shipowners benefit from tie-ups in tough market VDR welcomes closer co-operation but warns on global tonnage oversupply
2013: A year of consolidation for ports Global operators spend the year building fresh alliances or switching assets
Lack of an alternative Will regulators provide an alternative if they reject the P3 Network?
Trade Statistics: the recovery begins? North America's positive performance sits alongside expectations of global growth
A matter of time Top classification societies say there is no technical barrier to further vessel capacity growth, only commercial constraints
2013: a turning point for container shipping Will the P3 Network reshape the industry?
Over the line? Does the European Commission's probe of public container rate announcements stray too far?
View from the Bridge: Thomas Preben Hansen Rickmers Trust Management believes the charter market will soon turn the corner
Split in the pack Freight forwarders adopt varied strategies to tackle volatile freight rates
Three scorpions in a bottle P3 partners have to avoid mutual destruction but allay the regulators' concerns
NOL loses its gloss The Singapore line's financial results reveal a lacklustre performance
Merger announced to create P&I giant Two of the market's oldest P&I Clubs have announced that they plan to merge to create one of the world's biggest marine insurance operations
Euronav contemplates New York listing Euronav, the Belgian VLCC and Suezmax owner that is listed in Brussels, says it is contemplating seeking dual listing of its shares with a second listing at either the New York Stock Exchange or Nasdaq and that it has raised $150M in fresh capital
Thirteen saved after collision Thirteen crew members were rescued after a China-flagged bulk carrier collided with a Greece-flagged containership off the Yangtze River mouth in the East China Sea, local authorities said
Keppel bags $119M deal Singapore's Keppel O&M said today it has secured five offshore and marine contracts worth an aggregate of S$150M ($119M)
Ningbo port's sea-rail throughput hits new high China's Ningbo Port recorded a new high of its sea-rail throughput as of December 15, hitting 100,064 teu, 67
DSME cancels TMT drillship A drillship that embattled Taiwanese ship owner TMT ordered at Daewoo Shipbuilding & Marine Engineering has been cancelled
Restraints seen on coal demand growth Tougher Chinese policies aimed at fighting pollution will help restrain global coal demand growth over the next five years, the International Energy Agency said in its annual medium-term coal market report today
Essar to invest $194M to build three ore berths in Vizag Ruias-owned Essar Ports has signed a deal with Visakhapatnam Port Trust (VPT) for development and operations of three iron ore berths at Visakhapatnam Port on build-operate-transfer (BOT) basis over a period of 30 years
Ro-pax held for no-permit ops Ro-pax Sharima has been held by Philippine authorities after it was found to have illegally transported passengers and operated with incomplete documents
Conditions lifted from Songa Offshore refinancing Following an extraordinary general meeting, Songa Offshore, the listed Norwegian mid-water drilling rig operator, has lifted conditions from refinancing the company as proposed by the board at the end of last month, the company said in a statement
ACL firms up order US shipyards have been flooded with orders for tugs and barges soar over the past 12 months but a handful are cashing in on rising demand for other types of tonnage as well.
SSY mints dry merger Simpson Spence & Young (SSY) appears to have acquired a small US rival in a bid to expand its presence in the dry-bulk segment.
Excel in monthly loss Excel Maritime Carriers has delivered an operating profit in November but its bottom line remained in the red for the month.
Cocaine haul revealed The Venezuelan navy has seized nearly 15kg of cocaine found in the engine room of a German boxship.
Zodiac takes 10 from DSME Zodiac Maritime today signed newbuilding contracts with DSME for six option four 10,000-teu 'eco' containerships for long-term charter to Hyundai Merchant Marine (HMM).
Thunderbird is going? J Lauritzen is rumoured to be continuing asset sales with the disposal of a pair of supramax bulkers.
Star set for loan Star Bulk is close to netting a loan to pay for two supramaxes which it purchased in November.
Diana torches boxship Diana Containerships has scrapped a panamax boxship after its charterer handed back the vessel early.
Katsipis spared jail A Greek chief engineer has been given a year's probation for oil dumping after a US judge heard his wife had died during the detention of his bulker.
Oshima pulls plug? Japan's Oshima Shipbuilding has reportedly decided not to build its planned new shipyard in Vietnam.
Statoil fixes NAT duo Norway's Statoil has stretched charter contracts for two of Nordic American Tankers' new platform support vessels.
A hairy experience Perhaps planning to row 3,500 nautical miles from Australia across the Indian Ocean to Mauritius was not such a good idea while working in a shipping office. Plenty of ex-mariners were on hand to shake their heads at our naivety, especially when they found out we had no real sailing experience ... and had never rowed.
Viking back at Fincantieri Viking Cruises has returned to Italian shipbuilder Fincantieri for another pair of cruiseships.
Hold the front page! Breaking news is what TradeWinds is all about, but some issues have dominated the headlines in 2013. TW+ picks out nine cover stories, looks back at what was said, and what happened next. Now read all about it
Erria teams with Kirk Danish shipmanager Erria has been brought in by compatriot tanker owner Kirk Capital as a "cooperative partner and advisor".
Taking the bull by the horns Oslo has tweaked Wall Street's tail this year. Joe Brady sorts out which end of the metaphor is which, and examines the future of the Norwegian challenge to New York's hegemony
The thrill of the case He's the lawyer with seawater in his veins. The labradoodle owner who works for a firm of legal pit bulls. The litigator who loves fighting a case, but is only too happy to mediate. Jim Mulrenan meets Faz Peermohamed
US blacklists trio Two Asian tanker owners and a bunker company have been blacklisted by the US after they were accused of working with Iranian tanker owner NITC.
BBR bags twin deals Indonesia's Bina Buana Raya (BBR) has sealed charters for two anchor handling tug supply vessels (AHTS) worth approaching $20m.
Keppel adds $120m Keppel Offshore & Marine has chalked up $150m ($120m) worth of fresh orders.
Death for Vinalines execs Two former executives of Vietnamese state shipowner Vinalines have been sentenced to death for embezzling company cash.
Trafigura seeks more vessels Commodities giant Trafigura is moving further into shipping with a new shipowning investment vehicle launching in 2014.
DSME stung by TMT Nobu Su's TMT appears to have canned a drillship order at Korea's DSME.
GTT to stocklist France's GTT has confirmed long-rumoured plans that it will list its shares on the Paris stock market.
Euronav targets NYSE Euronav is looking to join the growing number of shipping companies quoted in the US with a dual listing on the New York Stock Exchange.
Oaktree strikes again Distressed deal specialist Oaktree Capital has swooped on 14 chemical tankers which were placed on the block by Commerzbank.
"Tanker spy" held An alleged UK intelligence agent has been arrested in Iran after being accused of passing on details of the country's covert tanker operations.
Freedom for Indian owners India has cleared vessel-sharing agreements from antitrust rules.
PSV bonanza for De Hoop Dutch shipyard De Hoop has won a big new offshore vessel order from Abu Dhabi.
OOCL ups rates OOCL is demanding that customers pay sustainable rates on box cargoes heading to Australia.
More arrests for Glenn Yet another vessel belonging to beleaguered Singapore-based marine security contractor Glenn Defense Marine Asia has been arrested in Singapore.
Amorella runs aground Finnish ferry operator Viking Lines's 34,400-gt cruise-ferry Amorella (built 1988) has been forced to cut short a voyage after briefly running aground in the Aland archipelago.
Ruby protests retirement Saga Cruises' veteran cruiseship Saga Ruby (built 1973) is seemingly kicking up a fuss against its impending retirement by engaging in some mechanical high-jinx.
EU to triple rail investment Siim Kallas, the European Commission's vice president in charge of transport, said he wants more freight traffic off the highways and on the tracks. He said that only 10 percent of Europe's freight traffic is currently on rail.
Canada Post to scale back home delivery Transitioning one third of home delivery recipients to a "community mailbox delivery" is expected to bring savings of $400 million to $500 million annually once fully implemented. The program will begin a five-year roll out in 2014.
Stifel: XPO gets managed transportation muscle with NLM
Cargolux enters commercial cooperation agreement with HNCA
Export-Import Bank financing exceeds $27 billion The Export-Import Bank of the United States approved more than $27 billion in authorizations during fiscal-year 2013, working with more than 3,400 small businesses, which equated to 89 percent of all transactions.
Boeing expands in South Carolina
AAPA, MarAd to create investment guidebook for ports The AAPA and MarAd are searching for technical experts to contribute expertise for the how-to-manual, which will help port authorities plan infrastructure projects and devise how to attract public or private capital to pay for them.
SEAaT has 'broadly met its two main objectives' Cross industry association has been wound up.
Market moving up in Fujairah MGO showed double digit gains in Cape Town.
Bunker market firm in Rotterdam Prices soft across Mediterranean ports.
Chemoil Adani wants 'to replicate Mundra success' India supplier looks to Chennai.
Asian IFO markets firm Meanwhile, MGO prices lose direction.
Singapore bunkering firm accused of breaching US sanctions Mid Oil Asia accused of assisting Iranian Tanker Company (NITC) with payments through money transfers.
IBS appoints new team leader Hong Kong-based trader moves up the ranks.
South China December fuel oil imports down Brightoil and Sinopec importing cargoes.
Bunker-saving tools: Smaller players could be left behind 'Unclear interests and responsibilities' hindering adoption of bunker-saving measures.
India is on the way to becoming a 'bunker hub' Nevertheless, the sector would be greatly helped if the government reduced tax and streamlined customs procedures.
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