TradeWinds
Shipping Index

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TradeWinds digests the digits making the headlines this week:

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


Lauritzen boss, Torben Janholt.

0: Single-hull tankers directly operated by Frontline after double scrapping this week. More...

4: Lauritzen Bulker newbuildings tipped for sale to capitalise on 15% jump in value. More...

7: Zim boxships returning to service after being laid-up for between six and 12 months. More...

10: UACC chemical tankers which are in doubt as SLS has yet to start work on the series due for delivery in 2011 and early 2012. More...

50: Percentage of Bergen-based Hav Ship Management snapped up by Oslo Bulk Shipping. More...

80: Target fleet for the Lloyd’s Containership Pool set up by former Klaveness dry-cargo pool head, Knut Hundhammer. More...

20m: Commissions destined for the pockets of Stamatis Molaris and Hans Mende, executives at IPO hopeful Alma Maritime. More...

55m: Price per ship for Hanjin Heavy capesize brace penned by Chinese owner Henghou Group. More...

195m: Spending by Spar Shipping on six supramax resales, the company’s biggest ever deal. More...

3bn: Fire power of China Ship Fund, which is said to have 20 capesize newbuildings on its radar. More...

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


Thomas Wilhelmsen.

0: Immediate plans for dividend at Scorpio Tankers after its $230m US IPO. It paid out $8.7m in the first nine months of 2009. More...

2: Single-hull VLCCs shipped out by Titan Petrochemical in $30m deal. More...

4: BW Gas LPG carriers tied up until rates improve. More...

5: Hyundai Heavy newbuildings sliced by Quest Maritime of Greece, sister to IPO hopeful, Alma Maritime. More...

16.53m: Fourth quarter loss at Tsakos Energy Navigation, its first ever three month reversal. More...

63m: Potential share issue haul for Polys Haji-Ioannou’s Safe Bulkers after stock was priced at a 5% discount. More...

400m: IPO pot in the sights of Wilh Wilhelmsen as it plans Oslo listing for shipping and logistics arms. More...

586m: Rights issue planned by Cosco Shipping Co to fund 20-ship splurge. More...

1.4bn: Revised IPO target for Eike Batista’s OSX Brasil after float was cut by 40%. More...

Published: 10:45 GMT, 19 Mar 10 | updated: 15:43 GMT, 19 Mar 10
Latest News
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Horizon yard lands $8.7m order

US shipyard victorious in heated battle for a bite of government newbuilding deal.

15:29 GMT, 02 Sep 2010
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Iranian volumes on the climb

Ports handled 56.12m tonnes of cargo in the last five months, up more than 5%.

14:40 GMT, 02 Sep 2010
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Swiss score for Frontline

Tanker giant ties up three-year VLCC deal with Transcor Astra Group.

13:13 GMT, 02 Sep 2010
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Wan Hai winning again

Taiwanese boxship player continues to forge ahead in 2010 after dire previous year.

12:52 GMT, 02 Sep 2010
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Swee Joo in default

Malaysian bulker and boxship owner in talks with banks after being unable to meet debt repayments.

10:59 GMT, 02 Sep 2010
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Capex fears draw BLT cuts

Fitch follows S&P in cutting its ratings on Berlian Laju Tanker.

10:24 GMT, 02 Sep 2010
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Yang Ming stronger

Taiwanese container line turns around first-half losses as markets improve.

10:04 GMT, 02 Sep 2010
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Tanker free after grounding

Atlas ship refloats after hitting Horseback Shoal hard in St Lawrence, Canada.

09:29 GMT, 02 Sep 2010
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Remoy pens Kleven pair

Olympic Shipping rocks up at Norwegian yard with double order potentially worth over $120m.

08:56 GMT, 02 Sep 2010
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MOL depreciates to accumulate

Japanese owner reportedly extends LNG carrier depreciation period, boosting bottom line.

08:41 GMT, 02 Sep 2010
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Heavyweights in at K-Sea

First Reserve and Kayne Anderson inject cash into US tug and barge owner.

08:12 GMT, 02 Sep 2010
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Vale ‘mulls Malaysian port’

Brazilian miner could call for an international tender for a $1bn port near Strait of Malacca.

08:01 GMT, 02 Sep 2010
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