TradeWinds - News - paid access

The Global Shipping News Source - Liner Feed

1. Jean-Baptiste Choimet named new CEO of GTT as Berterottiere becomes chairman

   After 15 years, Philippe Berterottiere hands over reins of major LNG technology provider as he steps up to lead board

2. Editor’s selection: Middle East at melting point and VLCC investor appetite cooling

   These are the big shipping stories making headlines this week

3. ‘Very favourable’ Nordic market tempts Yinson into a debut $500m bond issue

   Company will apply for the bond to be listed on the Oslo Stock Exchange

4. Tributes pour in as ‘irreplaceable’ shipping lawyer Julian Clark dies

   Former CJC, Hill Dickinson, Ince and Gard maritime expert was given terminal cancer diagnosis in November

5. ‘We’ll find some deals’: Shipless owner Bob Burke eyes next move after huge tanker payday

   Connecticut-based market veteran talks about buying, selling and one other option Ridgebury Tankers considered

6. Mystery shipping donor auctions exclusive fishing trip for Ukraine charity

   Proceeds will go towards the home in Gdansk for displaced children and families

7. Lloyd’s refuses $426m Nord Stream blast claim over war clause

   Responsibility for the 2022 attack remains unclear after Danish and Swedish investigators close probes

8. NYK cancels shares worth $1.32bn after mammoth buyback spree

   Cash-rich Japanese giant boosts value for shareholders

9. Principles over profit: Why specialist P&I provider turned down $50m in business

   Shipowners’ Club CEO Simon Peacock says declined business reflected growing membership and tonnage

10. Bosses plotting more orders at US start-up Kalypso Offshore

    New York company says it wants to expand owning and management operations after revealing plan for first cable-layer

11. CMA CGM sells ageing container ship to make room for next generation of newbuildings

    French company also agrees to sell part of Bollore Logistics’ overseas activities

12. Wavelength podcast: Genco boardroom brawl and geopolitical tensions

    Featuring: Wobensmith on Economou, cargo owners sign to pay extra for shipping, fears of shipowners as global tensions rise

13. Abu Dhabi investor linked to swoop for Danish Ship Finance’s $5bn loan book

    Financier staying tight-lipped as Danish report claims Mubadala Investment plotting takeover

14. Shipping demands UN bolster military protection after Iran ship snatch

    Key players bemoan the lack of global outrage over the fate of seafarers

15. Danaos Corp fixes $450m of finance for new eco container ships

    Greek owner taps four major banks to secure post-delivery funds for eight vessels