Shipping news

• Wartsila profit drops but orders go up

  25-10-2016 11:11
  
  Finnish shipping solutions provider makes less on the back of fewer sales and adjusts guidance.
  
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• Thenamaris fetches top dollar for Muntajat charter of midsize LPG carrier

  08-01-2020 13:47
  Greek shipowner locks Seashine into one-year deal with Qatari charterer
  
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• VLCC owners braving Strait of Hormuz as tensions simmer

  08-01-2020 13:13
  But some suezmax tanker companies opting to give area a wide berth, brokers say
  
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• Decade ahead presents profound challenges and major change

  08-01-2020 12:57
  Immediate priorities may mask more fundamental questions about the shape of shipping in the coming years
  
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• NITC VLCC's reappearance suggests Iran 'will not interfere' in Hormuz

  08-01-2020 12:29
  Stream switches on AIS for first time in six months as Iran retaliates against US
  
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• Stamatis Molaris' Empire linked to MR tanker spin-off in Oslo

  08-01-2020 11:44
  New venture has rights to acquire eight modern ships being built in South Korea
  
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• Dynagas Arc7 LNG ship goes in for containment system repairs

  08-01-2020 11:34
  
  DSME-built Yamal LNG carrier is under two-year guarantee
  
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• Armator Shipping launches as new d'Amato-backed bulker operator

  08-01-2020 10:39
  
  The company will start by operating supramaxes and kamsarmaxes from its offices in London, Lugano and Malta
  
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• New $380m debt package promises boost for International Seaways

  08-01-2020 10:10
  
  US tanker owner expected to enjoy less restrictive covenants in deal with Nordea and others
  
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• Clarksons Platou: Frontline's VLCCs make it a 'Very Large Cash Company'

  08-01-2020 09:47
  
  Analysts also list Scorpio Tankers and GasLog among their top picks for 2020
  
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• Shandong Shipping quietly becomes VLCC owner with Euronav buy

  08-01-2020 09:11
  
  Three shipping companies have resolved long-standing problems with a fancy sale and leaseback structure
  
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• Dalian Success adds to bulker orderbook in China

  08-01-2020 08:22
  
  Chinese group books four vessels at Fujian Southeast to increase its owned fleet
  
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• Scrubbers result in two-tier market for containerships

  08-01-2020 08:18
  
  Owners of scrubber-fitted boxships reap fuel savings under IMO 2020
  
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• Tasik’s termination tussle with Fugro far from over

  08-01-2020 04:06
  
  Tasik CEO hails victory in early termination arbitration award, but says the bigger battle is still to come
  
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• Fugro to pay Tasik Subsea $27m in charter termination tussle

  07-01-2020 17:03
  
  Arbitration panel rules Dutch contractor should not have ended OSV deal early
  
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• Awilco confirms pricing of LNG carrier sale and leasebacks

  07-01-2020 16:07
  
  Awilco LNG expects to save around $7m per year on its financing costs, following the deals
  
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• IMO 2020's start sees bunker price spread hit record level

  07-01-2020 15:03
  
  Owners of scrubber-fitted vessels make hay as price of high-sulphur fuel rises to twice that of low-sulphur
  
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• Shipowners should become early movers as the bell tolls for Libor

  07-01-2020 13:58
  
  With regulators determined to axe the scandal-plagued benchmark, shipping players face heightened financial and legal risks
  
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• Bourbon COO Gael Bodenes taking on new role after banks take over

  07-01-2020 13:12
  
  Former owner Jacques de Chateauvieux remains in operational charge but lenders have 100% of equity
  
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• Bourbon COO Gael Bodenes quits after banks take over

  07-01-2020 13:12
  
  Former owner Jacques de Chateauvieux remains in operational charge but lenders have 100% of equity
  
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• Maersk Tankers launches digital spin-off in green software push

  07-01-2020 12:48
  
  Danish owner's spin-off led by Soren Meyer to focus on offering its SimBunker optimisation tool to the tramp industry
  
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• Seaspan's $200m rescue of Swiber falls through

  07-01-2020 09:47
  
  Restructuring OSV owner fails to clinch move into Vietnamese LNG power sector
  
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• Seaspan's $200m rescue of Singapore offshore player Swiber falls through

  07-01-2020 09:47
  
  Restructuring OSV owner fails to clinch move into Vietnamese LNG power sector
  
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• Seaspan's $200m rescue of offshore player Swiber falls through

  07-01-2020 09:47
  
  Restructuring OSV owner fails to clinch move into Vietnamese LNG power sector
  
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• Swire Pacific Offshore scraps unwanted seismic survey vessel

  07-01-2020 08:44
  
  After a long layup, the Pacific Falcon is being prepared for beaching at Alang
  
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• Master killed as more West Africa pirate attacks emerge

  07-01-2020 08:22
  
  Landing craft captain murdered off Gabon, while Turkish suezmax evaded attack off Nigeria
  
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• Iranian tanker attacks said to be thwarted by US cyber efforts

  06-01-2020 20:32
  
  US efforts to cut off access to shipping data prevented Iran from attacking any more tankers, expert says
  
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• Heidmar will close its operations by June, staffers told

  06-01-2020 17:30
  
  George Economou's new deal with Signal Maritime heralds the end for the venerable pools operator founded by Per Heidenreich.
  
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• Norden swaps a handysize tanker for two MRs

  06-01-2020 17:23
  
  The swap anticipates what the Danish owner expects to be a strong product tanker market in 2020.
  
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• Dane who built Maersk Broker into global force dies aged 66

  06-01-2020 16:41
  
  Veteran Danish shipbroker Jorn Steen Nielsen succumbed to cancer on New Year's Day
  
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