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  • Vale’s Malaysia distribution center hit by fire

    Up to a 1mt of iron ore exports could be impacted by latest incident, says Wood Mackenzie.

    Dry cargo  tradewindsnews.com 1 hours old Dale Wainwright

    Wreck of sunken VLOC Stellar Daisy located

    Subsea survey team find vessel less than 10 days after sailing from Cape Town.

    Casualties  tradewindsnews.com 3 hours old Dale Wainwright

    Tsakos Energy Navigation confirms suezmax double at Hyundai

    Tankers have been contracted against time charter business, believed to be with Chevron.

    Tankers  tradewindsnews.com 16 Feb 15:55 GMT Andy Pierce

    Nordic American Offshore avoids having to swallow poison pill

    Canadian investor exempt from 15% shares ceiling.

    Finance  tradewindsnews.com 15 Feb 22:09 GMT Matt Coyne

    Vasquez to take helm at Panama Canal

    Ricaurte Vasquez will take the reins of the Panama Canal Authority this fall, the organization announced Friday. Vasquez will take over as Panama Canal Administrator 4 September, replacing Jorge Quijano who held the post for seven years and spent a total of 40 years with the waterway. "We are committed to ensuring that Mr. Vasquez acquires the knowledge and expertise required for a smooth transi

    Weekly  tradewindsnews.com 15 Feb 20:21 GMT Matt Coyne

    Oaktree Capital, Goldentree Asset up stakes in Eagle Bulk

    Oaktree owns more than one-third of the New York-listed bulker owner.

    Dry cargo  tradewindsnews.com 15 Feb 20:19 GMT Michael Juliano

    Wilh Wilhelmsen in the red for fourth quarter

    Wilh Wilhelmsen "took a beating" in the fourth quarter according to its chief executive, posting a NOK 345.7m ($40m) loss. The Oslo-traded company said maritime services did well, but marine services took a hit and "a substantial change in fair valuation of the group's investments". Wallenius Wilhelmsen eyes dividend after profitable quarter Analysts at DNB Markets said while impairments at Sur

    Finance  tradewindsnews.com 15 Feb 18:07 GMT Matt Coyne and Andy Pierce

    Diana Shipping eyes $24.7m from panamax sales, charters

    Simeon Palios-led bulker player plans to offload two ships while chartering two others into 2021.

    Dry cargo  tradewindsnews.com 15 Feb 16:57 GMT Michael Juliano

    GasLog executives strike confident note on newbuilding contracts and funding

    Peter Livanos-backed GasLog is confident of securing long-term charters for its two open newbuildings and landing finance for its full orderbook. GasLog: Korean shipyard mega-merger will drive up LNG newbuilding prices GasLog talks up record fourth quarter results GasLog has nine vessels on order, with most of the ships set to join Shell, Centrica or Cheniere following delivery. One ship set t

    Gas  tradewindsnews.com 15 Feb 16:47 GMT Andy Pierce

    Maersk Supply completes fleet renewal with future ownership still in question

    The Danish owner has a young, valuable fleet of OSVs, but parent's plans for the company remain unclear

    Offshore  tradewindsnews.com 15 Feb 16:36 GMT Holly Birkett