TradeWinds

John Fredriksen’s Frontline to share $110m gain with shareholders after selling VLCC duo Adnoc Logistics & Services believed to be buyer in profitable sale

Polaris Shipping orders four triple-fuel newcastlemaxes for Vale deal Ethanol will be the primary fuel for the ore carriers

Okeanis Eco Tankers crushes earnings estimates and guides to big third quarter Owner of VLCCs and suezmaxes hands out massive $5.25-per-share dividend

Ardmore says immediate tanker efficiency gains trump search for ‘silver bullet’ Bosses at Irish owner look behind the headline fuel-reduction figure

Greek and Chinese owners land premium rates as carriers chase future capacity Liner operators look to secure vessel capacity up to two years ahead of delivery

MOL hikes profit forecast as shipping markets rise Japanese giant boosts its projection by over 50%

Turkish shipping pioneer Asaf Guneri dies in Greece aged 80 The head of Zihni Holdings helped develop large-scale, oceangoing bulker owning in his home country

‘We still have the door open for a sale,’ says ESL Shipping parent Parent of Finnish bulker owner says company could still be sold if it offers better value than …

Navigator Amon clinches $122m loan for two ammonia-fuelled LPG carriers The loan will fund up to 70% of the newbuildings costs

Golar FLNG unit leaves Cameroon for Singapore upgrade stopover World’s first LNG floater is due on site in Argentina by mid-2027 to start a 20-year charter

Torm breaks eight-year newbuilding drought with $370m tanker order in China The Danish tanker company is said to have paid $46m per ship

Greek shipping man reveals epic marine logistics behind Hollywood blockbuster Odyssey Greek mariner Dimitrios Kokkinis coordinated ships, replicas and customs clearances across Europe to get Christopher Nolan’s $250m Odyssey adaptation …

Tysers taps shipping insider for Asia claims push Former Sealead and CMA CGM legal executive joins broker as regional marine claims ambitions gather pace

Cido Shipping puts second suezmax newbuilding into Tankers International pool Addition comes just a few months after the Japanese owner joined the system

ShipIn banks $52m from investors to speed work on integrated AI platform Boston-based operation has a new board member after latest financing round

Ocean Network Express triples profit forecast as freight rates rebound Japanese liner giant has sharply upgraded earnings guidance and reversed expectations of a first-half loss

Greek owner Minerva adds to container ship orderbook with extra Hengli newbuildings Andreas Martinos has now at least 15 boxships under construction in China

CK Line goes big with record 6,400-teu container ship order in China South Korean company orders up to four newbuildings costing more than $320m in total

Greek broker reveals epic marine logistics behind Odyssey blockbuster Greek mariner Dimitrios Kokkinis coordinated ships, replicas and customs clearances across Europe to get Christopher Nolan’s $250m Odyssey adaptation to sea

Bulker on fire off Oman as Iran dismisses new talks claim One crew member reported missing after attack on Greek-operated bulker in the Strait of Hormuz

Bulker income and investments boost Danaos profit to three-year high Container ship owner John Coustas benefits from soaring markets for his capesizes

Japan’s Iino Kaiun ramps up profit forecast after bumper first quarter Shipowner says Hormuz closure led to significantly higher tonne miles for its fleet

Seafarer massacre unfolds in the Black Sea amid blind hits on merchant ships Violence peaks in July and continues unabated in August, as both Russia and Ukraine take out each …

Projectile hits cargo ship off Oman amid fresh hope to end of US-Iran conflict Incident northeast of Al Khasab under investigation as authorities urge caution in Strait of Hormuz

Matson scores profit surprise thanks to China momentum and transpacific tightness Hawaii container liner operator sees China service rising to or near capacity

Yangzijiang unmasked as Scorpio’s partner in eight VLCC newbuildings Ren Yuanlin revealed as the ‘gentleman’ Emanuele Lauro has teamed up with on newbuilding play

Shipping Corp of India launches tender for dual-fuel neo-panamax container ships State-owned company to offer Indian yards offered ‘right of first refusal’ for boxship sextet

DryDel seals five-year time charters for capesize newbuilding quartet A familiar Japanese name has agreed to terms on fixtures with hybrid reward structures

Contships Logistics profit holds firm despite smaller fleet Revenues dip following vessel sales but are buoyed by strong charter market

Brokers split on VLCC price rises after Adnoc L&S secondhand market raid Abu Dhabi-backed owner said to have paid a premium, prompting the question: is it the only owner willing …

Andi Case: Clarksons looking at ‘numerous transactions’ with growth ambitions in every area Chief executive explains how world’s largest shipbroker plans to continue using its financial power to fund purchases

Suezmax rates hold steady as ships ballast to the Atlantic Ongoing geopolitical problems in the Middle East and Black Sea pipeline attacks slight drag on freight markets

‘Acute shock to chronic strain’: Shore leave cuts add to seafarer woes as happiness index falls further Industry index suggests that war is highlighting existing issues facing crew on the …

HFW hires new partner from rival Reed Smith to bolster Singapore office Glover rejoins HFW having previously worked for the firm in the past

Costamare Bulkers eyes growth with $110m cash pile as it books profitable second quarter New York-listed owner sells supramax as Cargill deal continues to pay off

Dynacom and SCI tankers pass through Houthi-threatened chokepoint with AIS off Tankers transited the Bab el-Mandeb strait over the weekend

Himalaya Shipping positions for strongest season by converting charters to fixed rates Two vessels have been switched from floating rates

Ditas to triple suezmax tanker fleet with second newbuilding order in a week The company is being linked to an order for two 158,000-dwt crude carriers at Samsung Heavy Industries

Some first shots have emerged showing the damage sustained by two GasLog LNG carriers which were struck in separate attacks in Egypt and the Strait of Hormuz in the last …