Shipping news

• Troim’s 2020 Bulkers raises another $6m

  19-07-2018 23:54
  Fresh capital banked in private placement of 800,000 shares to fund existing newbuilds in China.
  
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• VLGC snags resolved as Jiangnan gears up to hand over delayed duo

  19-07-2018 19:00
  Tianjin Southwest said to be likely to accept one-year charter rates in the low $20,000 per day range as it grows its VLGC exposure with two newbuildings completed months ago
  
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• Valles axes tanker deal at STX as KDB pulls order support

  19-07-2018 19:00
  Newbuilding pair had been part of fleet-renewal programme
  
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• Total acquires new shipowning company under Engie LNG sales

  19-07-2018 19:00
  Eighteen LNG carriers and one bunker vessel transfer to the major under sale
  
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• Tidemand family split on best direction for Belships

  19-07-2018 19:00
  ‘Significant shift’ in strategy leaves family factions divided over proposed union with Lighthouse — and new bid from sisters is not out of the question
  
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• Tanker scrapping hits record levels as VLCCs lead the way

  19-07-2018 19:00
  More wet tonnage has been demolished in the first half of this year than at any time on record, but even more VLCCs need to go if previous full-year peaks are to be passed and rates revived
  
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• Salvor Ardent eyes spoils of emerging offshore market

  19-07-2018 19:00
  Venture joins peers in vying for a slice of decommissioning and demolition work as wreck removal earnings decline
  
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• Positioning yourself as the Uber of your market, or just the driver?

  19-07-2018 19:00
  Everyone agrees there must be a way for shipping to develop digitally-driven business models, but few can yet identify exactly what they will be
  
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• Ocean Alliance to suspend PSW4 transpacific service

  19-07-2018 19:00
  Last of big three liner alliances joins its major rivals in scaling back capacity between Asia and the US West Coast amid US-China trade war uncertainty
  
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• Nissen orders MR duo on back of long-term Chevron charters

  19-07-2018 19:00
  Newbuildings ordered at domestic shipyard Onomichi for delivery in 2020
  
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• MSM books bulkers but less lucky with tankers

  19-07-2018 19:00
  Low-profile Greek player successfully orders newbuildings in China but hits snag at South Korea’s cash-strapped STX
  
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• Jinhui in pole position to sell veteran bulkers

  19-07-2018 19:00
  Jinhui Shipping and Transportation is positioning its oldest ships for quick sales to Chinese domestic owners ahead of Beijing's deadline on imported non-Tier II ships
  
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• Hurley and Ognibene are reunited in Concord push

  19-07-2018 19:00
  Former Heidmar colleagues get to work on building a fleet as new shop fills management posts and takes in first tankers
  
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• First half LNG order haul tops 25 ships

  19-07-2018 19:00
  Contracting pace slipped back in second quarter, but berth space for 2020 has now disappeared
  
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• FFA brokers lured by ‘Ronaldo’ pay packets

  19-07-2018 19:00
  ICAP's dry and wet futures desks among the victims as deep pocket entrants chase talent
  
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• Dutch employees bring redundancy fight to Troim’s Oslo office

  19-07-2018 19:00
  Paragon staff gather to air their grievances but Borr executives fail to meet them
  
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• Dry cargo volatility sees sharp rise in FFA options

  19-07-2018 19:00
  Gap between residual and low-sulphur fuel could trigger more volatility in dry and wet paper markets, says FIS
  
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• Coral buyer of second German aframax

  19-07-2018 19:00
  Deal lifts lid on buyer’s identity and confirms ongoing trade of ships from German to Greek owners
  
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• Changes needed to keep LOFs the salvage contract of choice

  19-07-2018 19:00
  The time has come for a radical rethink of the Lloyd's Open Form for salvors, writes Martin Hall, the head of marine casualty at law firm Clyde & Co
  
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• Alafouzos reveals 2020 vision as driver of first public listing

  19-07-2018 19:00
  Greek owner opens up on the reasons behind taking Okeanis Eco Tankers public, and why it is an opportunity for the next few years
  
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• Dutch MPP grounds in Scottish waters

  19-07-2018 18:08
  No injuries or pollution reported after incident involving Dutch-flagged Priscilla off northern Scotland
  
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• Eagle Bulk Shipping flies back into S&P market

  19-07-2018 16:46
  Nasdaq-quoted owner set for latest step in ongoing renewal and growth project.
  
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• Greek bank sets date for tanker auction

  19-07-2018 15:37
  National Bank of Greece wants to offload abandoned ship formerly chartered by NewLead.
  
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• ADNOC awards world's biggest ever seismic survey to CNPC

  19-07-2018 14:51
  Chinese owner's ships and trucks to provide data from 53,000 sq km of UAE territory in $1.6bn deal.
  
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• VLCC newbuilding prices reach highest since 2015

  19-07-2018 13:20
  Charles R Weber says there are few commercial incentives to order today.
  
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• Rebuilt ferry engine burned after five hours use

  19-07-2018 13:06
  "Catastrophic" failure that injured Wightlink crewman blamed on debris in oil channels.
  
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• Wartsila ramping up scrubber capacity

  19-07-2018 12:17
  Finnish group seeing higher demand for newbuilds and retro-fitting.
  
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• MPCC adds German feeder vessel

  19-07-2018 11:32
  Acquisitive owner spends nearly $14m on modern Chinese-built ship.
  
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• Zim teams with Maersk, MSC from Asia

  19-07-2018 10:24
  New strategic cooperation covers five loops to US east coast.
  
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• Overseas owners eye Vinalines stakes

  19-07-2018 08:53
  Hyundai Motor, SK and Siam Cement have held talks over Vietnamese owner's IPO.
  
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• Nordea cuts loan losses to $69m in second quarter

  19-07-2018 08:17
  Provisions mainly stemmed from potential hits from US sanctions on Russia.
  
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• Doun KK bulker still aground in the Gulf of Riga

  19-07-2018 05:36
  Panamax bulker remains stuck for the fourth day.
  
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