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WEBShipping stocks face a ‘scary’ market after ‘four fantastic years’, warns Pareto Securities. Visit TradeWinds for the best news, insight and opinion covering the global shipping business.
Tankers - Latest shipping and maritime news | TradeWinds
WEB1 day ago · Major shipowners are buying their own stock dip to boost shareholder returns. Published 16 September 2024 12:01 GMT. Tankers. Western tanker owners set to benefit as price of Russian crude falls ...
Latest News - TradeWinds
WEB1 day ago · Steelhead LNG calls on court to halt work on rival’s FLNG unit in patent battle. Published 17 September 2024 14:15 GMT. Next. Read the key news headlines covering the global shipping business.
Suezmax spot rates climb 81% in four days as owners turn bullish
WEBJul 15, 2022 · Spot market rates for suezmax crude tankers shot upward by nearly 81% in just four days as a tight list of available tonnage met strong sentiment by owners. The Baltic Exchange’s average of time ...
Navios scoops four LR2 tanker newbuilding options in $264m deal
WEBAug 20, 2024 · in Stamford. Navios Maritime Partners has pulled off a previously undisclosed $263.7m investment, securing options for four LR2 newbuildings, the shipowner disclosed in its earnings release on ...
US Coast Guard and Carnival probing cause of Carnival Freedom fire
WEBJun 7, 2022 · A fire erupted on the funnel of Carnival Cruise Line’s 2,980-berth Carnival Freedom (built 2007) on 26 May while it was in the port of Grand Turk in the Turks and Caicos archipelago.
‘Unprecedented growth’: Modi government aims to propel India …
WEBAug 21, 2024 · India’s shipbuilding sector currently stands at less than 1% of the global market, but the policy aims to push the country into the top 10 by 2030 and top five by 2047. The Modi government plans ...
HMM adds $60m container ship purchases to secondhand buying …
WEBAug 16, 2024 · Shipowner HMM snaps up seven bulkers in $240m secondhand market raid. The purchase of the three feeder boxships brings the total number of secondhand vessels that HMM has bought this year to 12 ...
Resurrected Harland & Wolff shipyard reveals first newbuilding …
WEBJun 1, 2022 · The shipyard was acquired by InfraStrata in 2019 for £6m (then $7.4m). The yard that built the Titanic believed it had won a first newbuilding order in 2020, but a deal to construct wind farm ...
Wah Kwong breaking into new tanker market with four-strong …
WEBAug 20, 2024 · The LR2 deal will be Wah Kwong’s first tanker newbuilding contract in almost a decade. Shipbuilding sources said the shipowner is ordering four conventional aframax product tankers for around ...