Eric Priante Martin

6 days ago | tradewindsnews.com | Harry Papachristou |Eric Priante Martin

US-listed Okeanis Eco Tankers has purchased three VLCCs from their Chinese lease financier, with the aid of cheaper loans provided by a Greek bank. The move can also be seen as part of company efforts to reduce its exposure to China and lower risk from US measures taken against Beijing as part of the ongoing trade war between the two countries.

1 week ago | tradewindsnews.com | Eric Priante Martin

Law firm Cozen O’Connor has hired the former top lawyer at the US Maritime Administration as it looks to capitalise on growing public attention to the industry. Former MARAD general counsel Jeffrey Hardin Lewis joins after leaving the government agency in January, the same month that US President Donald Trump took over from predecessor Joe Biden. Lewis, a maritime lawyer, has joined Cozen O’Connor’s transportation and trade group in the firm’s Washington DC office.

1 week ago | tradewindsnews.com | Eric Priante Martin

Navigator Gas has forged a second joint venture with Enterprise Product Partners, this time to benefit treatment and research for people with multiple sclerosis. Four executives from the gas carrier operator joined seven from the midstream pipeline company to pedal 150 miles (241) km through the hills of Texas. Among them was Navigator Gas executive vice president Randy Giveans, who is well-known in the shipping and finance world for his athletic feats.

1 week ago | ourcommunitynow.com | Eric Priante Martin

Share Fairfax Financial Holdings’ president expressed confidence in Poseidon Corp as the shipping unit contributed to profit growth in the first quarter. Canada’s Fairfax said it earned $80.5m in profit from Poseidon, the ultimate parent of container ship owner Seaspan Corp, in the first three months of the year. That is more than double the $34.8m earned in the same period of last year.

1 week ago | tradewindsnews.com | Eric Priante Martin

Fairfax Financial Holdings’ president expressed confidence in Poseidon Corp as the shipping unit contributed to profit growth in the first quarter. Canada’s Fairfax said it earned $80.5m in profit from Poseidon, the ultimate parent of container ship owner Seaspan Corp, in the first three months of the year. That is more than double the $34.8m earned in the same period of last year.