TradeWinds

New Procopiou family venture places debut tanker newbuilding order Eliza Procopiou and Nik Chrissakis are said to be behind Beacon Tankers Management

Duty-free tycoon lodges higher bid for container line Zim Hapag-Lloyd and FIMI apparently have a binding deal in place for $300m less than Haim Sakal-led proposal

Charterers swoop on Capital and TMS Cardiff Gas LNG newbuildings Multi-month fixtures surge as market uncertainty rolls on and Asia starts to draw in cargoes

Maersk profit guidance in spotlight amid Middle East disruptions DNB and Fearnleys have sell ratings ahead of tomorrow's earnings report

CMA CGM ship hit off Iran as Trump stops ‘Project Freedom’ Injured seafarers are evacuated from the 2,824-teu San Antonio (built 2005) after a suspected missile hit

China presses Iran on Strait of Hormuz reopening as Beijing slams ‘illegal war’ Beijing says global concern over safe navigation through strategic waterway is growing

Iran launches 'Persian Gulf Strait Authority' to collect vessel tolls New mechanism aims to govern transits through Strait of Hormuz

MSC and Rheinmetall team up to bid for bankrupt Romanian shipyard The plan is to develop Mangalia shipyard into a ‘major European hub for shipbuilding’

Trafigura, Frontline and CMB.Tech secure $300m to help digitise bunker trading TFG Marine venture taps DBS Bank to boost working capital for new project

John Fredriksen-backed DOF orders charter-backed newbuildings backed in $2bn deal Norwegian owner finds work for four new support ships in Brazil

Scorpio Tankers ship revealed as second US-flagged vessel to exit Hormuz CS Anthem is operated by Crowley in US government programme

Turkish ship sinks after hitting rocks close to Greek Aegean island Measures underway to prevent possible pollution from 44-year-old vessel

Wallenius Wilhelmsen cuts profit guidance as bunker and charter-in costs hit profit Stock drops in Oslo as first quarter report misses expectations

Indonesia says it won't block Iranian VLCCs from sailing through Lombok Strait VLCC pair, the Huge and Derya, have completed the transit, making them the first Iranian tankers to arrive …

Bulker auction bonanza ahead as CDB Financial Leasing offloads four ultramaxes But the leasing house wants potential suitors to buy the ships in pairs

Kongsberg Maritime charts Iran war impact on operations Supplier sees continued growth for deliveries to newbuilds this year

'French' vessel hit off Iran as Trump stops ‘Project Freedom’ CMA CGM ship named as the victim in the latest Strait of Hormuz incident

John Fredriksen-backed DOF orders charter-backed newbuildings backed in $2bn deal Norwegian owner finds work for four new support ships in Brazil

Sincere Navigation dives into the MR tanker sector with South Korean vessel buy Taiwanese company has bought the vessel from SK Shipping for less than its current market value as …

Trump pauses “tremendous military success” Hormuz escort amid Iran deal talks US keeps Iranian ports blockade while suspending temporary shipping guidance mission

American Steel: The alliance builders who sparked Washington’s China port fees are now turning to Congress In this week’s newsletter, we talk to the head of the new USA Shipbuilding …

Maersk Line says US-flagged car carrier escapes Hormuz under US escort Hoegh Autoliners-owned ship had been trapped since February

Plenty of US mariners to go around even as wholesale changes still necessary, MARAD chief says ‘If you do not build the system, you will live inside someone else’s system,’ …

MISC behind FSRU order at Samsung Heavy Industries Rare and speedy contract inked for floating regasification and storage unit

Scorpio Tankers nearly doubles first-quarter day rates in Strait of Hormuz boom New York-listed clean product owner crushes analyst estimates in robust start to 2026

Rising tide of oil exports from Venezuela lifts crude tankers Brokers and analysts consider what is needed to keep barrels flowing via the mainstream tanker fleet

Container ship order book swells to record high as carriers battle for market share Oversupply in 2028 is ‘the reality’, say analysts, as orderbook hits 13m teu

Sweden arrests Chinese master of detained tanker The 46,000-dwt Jin Hui was detained on suspicion of flying a false flag while transiting Swedish waters

Alternative fuel confidence returning to some sectors, DNV says But classification society says uptake ‘will not be linear’

Trapped, terrorised and running low on food and water: Gulf seafarers in despair Seafarers tell of fear from falling drones and fighter jets as supplies run low

New setback for jailed ex-boss of Fesco Tycoon Ziyavudin Magomedov says he was prosecuted so Moscow could seize his assets

Syria playing high-stakes game as Russian tanker shipments dominate imports Business with Putin regime could bring US sanctions danger

‘We got our ships out’: How Folk Maritime is beating the Gulf disruption Chief executive Poul Hestbaek says a break from linear thinking allowed Folk Maritime to adapt faster than …

Emarat Maritime doubles VLAC newbuilding order at Hengli Heavy Industry The Dubai-based company is scheduled to take delivery of two vessels in 2027 and two in 2028.

Eight-year-old tanker sold for more than the price tag of a Chinese newbuilding Brokers say Southern Reverence is the second N2 Tankers pool vessel fetching a high price in the …

First new Bruton VLCC fixed for up to five years as period rates cool Tor Olav Troim company says Mount Vision will earn $95,000 per day initially