TradeWinds
Shipping Index
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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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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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OOCL keeps on raising

Hong Kong owner announces rate increase for both transatlantic and Southeast Asia to Australia routes.

03:15 GMT, 01 Sep 2010
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CMA CGM sheds the red

Jacques Saade-led liner giant says cash injection still in the cards as 41% jump in revenue reverses first-half loss.

16:51 GMT, 01 Sep 2010
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Eimskip holds profitable course

Restructured Icelandic container line turns around last year’s losses in first half as second quarter volumes grow.

15:06 GMT, 01 Sep 2010
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Wallenius eyes LNG power

Swedish shipowner to examine the possibility of using cleaner fuel for new and existing tonnage.

02:45 GMT, 01 Sep 2010
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Eidesvik ponders Green bid

Norwegian shipowner Kristian Eidesvik is mulling Green Reefers takeover offer after taking stake beyond 40%.

09:28 GMT, 01 Sep 2010
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Hapag poaches Maersk man

Danish line's Asia boss Jesper Praestensgaard to become chief commercial officer at German rival.

08:51 GMT, 01 Sep 2010

TradeWinds | Shipping IndexUS markets are now open

Last 24 hours

-1.50%16:39

3 up

4 unchanged

3 down

Chartering | Liner
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Hamburg Shipbrokers' Association's new ConTex containership chartering index gains three points to 594.

4,250-teu:

down

2,700-teu:

up

1,100-teu:

up

11:26 GMT, 02 September 2010

Hamburg Shipbrokers' Association's new ConTex containership chartering index gains four points to 591.

4,250-teu:

up

2,700-teu:

up

1,100-teu:

up

12:16 GMT, 31 August 2010

Hamburg Shipbrokers' Association's new ConTex containership chartering index gains two points to 587.

4,250-teu:

up

2,700-teu:

up

1,100-teu:

up

10:49 GMT, 26 August 2010
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Danaos still in the red

John Coustas-led containership company books another quarterly loss, but vessel costs decline.

01:31 GMT, 01 Sep 2010
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Maersk sued over boxship contract

UK retailer Argos launches $13m compensation claim over allegedly cancelled Asian deal.

09:14 GMT, 31 Aug 2010
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Sea Star settles Puerto Rico suit

US liner player pays $18.5m to resolve long-running anti-trust case.

10:22 GMT, 31 Aug 2010
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APL bullish on boxes

Singapore owner’s president Eng Aik Meng predicts up to 8% growth in volumes next year.

10:23 GMT, 31 Aug 2010
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‘Boxship buys on the way’

Goldenport to use most of $85m cash by year end as boxship values hit “interesting” levels, John Dragnis says.

09:38 GMT, 31 Aug 2010
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SITC ‘still wants $500m'

Chinese boxship owner still has top figure in mind for planned Hong Kong listing in October.

07:39 GMT, 30 Aug 2010
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Goldenport sinks to first-half loss

Paris Dragnis-led boxship and bulker owner in the red as operating fleet shrinks and rates wane.

07:25 GMT, 31 Aug 2010
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NOCC slips into the red

Norwegian Car Carriers sees results nose dive as it experiences “difficult car carrier market”.

03:23 GMT, 30 Aug 2010

Dragnis in reflective mode

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Hoegh, Greek ships escape

Flurry of pirate attacks in IRTC sees car carrier and Seabulk vessels targeted but no arrests made.

10:13 GMT, 30 Aug 2010
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Maersk presses on with rate rise

Unsatisfactory Atlantic box business means Danish owner will hike rates in fourth quarter, with more rises to come.

07:54 GMT, 27 Aug 2010
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Hapag-Lloyd hunts bond sale

German container line linked to EUR 500m debt issue in more favourable markets.

11:33 GMT, 27 Aug 2010
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PDZ still red as sales dive

Malaysian intra-Asian liner player posts full-year loss as ship repair costs hurt in fourth quarter.

09:48 GMT, 26 Aug 2010
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ICG profit gets volcanic boost

Irish Ferries owner sees profit rise in first half as passenger numbers increase on closure of European air space.

07:52 GMT, 27 Aug 2010
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China Cosco readies $735m bond sale

Ten-year bond sale part of larger plan by China Cosco Holdings to repay debt and fund expansion programme.

08:18 GMT, 27 Aug 2010
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Fruit trader hunts box players

Mango madness puts CSAV and Hamburg Sud containerships in trader's crosshairs as fruit fracas lands in federal court.

19:19 GMT, 27 Aug 2010
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NOL in $200m notes issue

Singapore-listed boxship owner to use proceeds from notes sale to part-finance 12-ship Daewoo order.

14:30 GMT, 26 Aug 2010
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Moby still wants Tirrenia deal

Italian ferry player's chief Vincenzo Onorato tries to reopen talks on state-owned operator's privatisation.

08:03 GMT, 26 Aug 2010
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CSCL sees $675m profit swing

Hong Kong-listed containership owner surges back into the black in the first half.

15:42 GMT, 25 Aug 2010
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LA box volumes surge

The largest container port in all of the Americas sees another strong month of throughput growth.

02:19 GMT, 26 Aug 2010
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Zim turns a profit again

Ofer-controlled container line turns around 2009's second quarter losses as markets recover.

07:45 GMT, 26 Aug 2010
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Greek gain for Cosco Pac

Piraeus terminal revenues swell Chinese operator’s coffers but costs also take their toll.

07:48 GMT, 24 Aug 2010
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Mols-Linien ferries faring worse

First-half loss gets bigger for Danish operator as revenues fall.

13:45 GMT, 26 Aug 2010
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Foul quarter for Green Reefers

Russian ban on US poultry, tight fish net volumes and bulging bulker bills ring up red ink at Green Reefers.

15:13 GMT, 24 Aug 2010
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China Cosco booms in the second

Chinese boxship and bulker giant puts red ink behind it with massive profit in the second quarter.

14:31 GMT, 25 Aug 2010
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Engineer dies on Hubline ship

Cardiac arrest suspected in death of Myanmar national onboard boxship Saipan Leader off Sri Lanka.

10:54 GMT, 25 Aug 2010
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CSAV springs new Long Beach loop

Eleven boxships about to get busy as CSAV Norasia unveils fresh service.

18:13 GMT, 24 Aug 2010