TradeWinds
Shipping Index

New5 in Numb3rs

TradeWinds digests the digits making the headlines this week:

Paper chase - Key figures from shipping’s favourite newspaper:


Jan Haakon Pettersen.

2: VLGC newbuildings Stolt-Nielsen Gas in lining up in South Korea, with options for more ships also planned. More...

3: VLCCs set to enter Navig8 pool set up in partnership with John Fredriksen and another player. More...

10: Tankers penned by Mubariz Manismov’s Palami as the Turkish owner tops up its already bulging orderbook. More...

14: Percentage of ships in the Gulf of Aden which have kidnap insurance. More...

38: Slump in Reefer values, in percentage, shown up as Laskaridis of Greece takes former NYK trio. More...

20m-40m: Gross tonnes to be wiped from the global orderbook this year, predicts Barry Rogliano Salles. More...

100m: Fundraising target for boxship startup spearheaded by ex BW Gas bigwig, Jan Haakon Pettersen. More...

145m: Cost of two plus two kamsarmax order at Hyundai Mipo penned by newbuilding debutant Clemko Shipmanagement. More...

1bn: Bulker spending spree on the way for China’s Minsheng Financial, with 30 ships in its sights. More...

Digital digits - Numbers hitting the headlines on tradewinds.no:


Morten Arntzen.

6: DryShips offshore units which were said to the honey for a takeover bid by AP Moller-Maersk, according to a rumour swarming New York this week. More...

30: Target fleet of Dof’s Brazilian unit NorSkan ahead of first half IPO in Sao Paulo, CEO Mons Aase says. More...

10m: Newbuilding orders, in gt, expected by Hyundai Heavy boss Min Keh Sik, this year. In 2009 ships totalling 18.6m gt were book at yards around the world. More...

25.3m: Annual profit for shipbroker Clarksons, in dollars, as memories of last year’s legal settlement are eased. More...

26m: Price Hong Kong-listed Pacific Basin is said to have paid to take in Cido Shipping bulker. More...

160m: Cash raked in by Morten Arntzen’s Overseas Shipholding Group following this week’s share issue. More...

228.2: IPO purse for Genco spin-off Baltic Trading in New York’s first post-credit-crunch listing by a shipowner. Its Peter Georgiopoulos-headed parent also chipping in $70m. More...

256.6m: IPO pot for Evangelos Marinakis’ Crude Carriers, the second shipowner to test the post-crash waters with a New York float. More...

3bn: Euro value of new business booked by Shipping finance group DVB Bank last year as profit slid by over one quarter to EUR 76.1m ($103.97m). More...

Published: 09:41 GMT, 12 Mar 10 | updated: 09:49 GMT, 12 Mar 10
Latest News
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Hong Kong tusk bust

Customs agents crack open containers to seize $1.4m worth of undocumented elephant tusks destined for China.

18:50 GMT, 10 Sep 2010
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Navios seals $587m deal

Navios Maritime Acquisition ties up seven-unit VLCC swoop amid rumours about seller Fred Cheng's job prospects.

17:18 GMT, 10 Sep 2010
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Pirates caught red handed

Danish Navy forced to shoot through skiff’s bow as dramatic pictures show suspects dumping weapons.

16:16 GMT, 10 Sep 2010
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Banks back Vale VLOCs

Brazilian mining behemoth bags $1bn loan to bankroll 12 bulker newbuildings.

15:48 GMT, 10 Sep 2010
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Union fights BC Ferries ruling

Canadian arbitrator says masters and other senior officers should be excluded from workers’ organisation.

14:19 GMT, 10 Sep 2010
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Steensland hospitalised

Elderly Norwegian shipbroker Inge Steensland suffers stroke and is taken to hospital, TradeWinds hears.

12:10 GMT, 10 Sep 2010
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CSC eyes return to glory

Sri Lankan owner aiming to make a profit within six months and expand into passenger shipping.

11:02 GMT, 10 Sep 2010
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Blaze closes crude terminal

A key Caribbean tanker transhipment terminal has been put out of action by a major fire.

10:59 GMT, 10 Sep 2010
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Tidewater eyes refinancing

Dean Taylor-led offshore vessel owner to raise $425m in two private placements with tonnage on menu.

10:02 GMT, 10 Sep 2010
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Gotlandia II ferry hits ramp

No injuries reported after Rederi AB Gotland vessel suffers damage at port of Oskarshamn.

09:54 GMT, 10 Sep 2010
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Lauritzen confirms sale

Danish owner says 2009-built capesize has gone to Sinokor of South Korea.

09:14 GMT, 10 Sep 2010
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New5 In Numb3rs

Top tanker owner NITC is facing sanctions trouble despite efforts to distance itself from the Iranian state while a group of hijackers find piracy doesn’t always pay.

08:57 GMT, 10 Sep 2010