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3 days ago | 
tradewindsnews.com | Jonathan Boonzaier
What was supposed to be a simple scrap sale of a sanctioned MR2 product tanker has turned into a legal minefield for its owner Starline Express Shipping. Instead, aggrieved alleged co-owners and technical managers boarded the 47,400-dwt Nirvana (built 1999) with arrest warrants as soon as it dropped anchor off the ship recycling beach at Alang last week.
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1 week ago | 
tradewindsnews.com | Jonathan Boonzaier
Saudi Arabia’s Bahri reached a major milestone at the end of the first quarter, one that few other shipowners are ever able achieve. The addition of five modern second-hand vessels - four VLCCs and one bulk carrier – and the purchase of another three VLCCs during the first quarter of 2025 will give it a fleet of 100 owned ships.
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1 week ago | 
tradewindsnews.com | Jonathan Boonzaier
Vietnam Ocean Shipping Co (Vosco) is reportedly buying a German-controlled supramax bulker for $11m after ditching plans to order a slew of bulker and tanker newbuildings. Brokers in Singapore said on Monday that Vosco was tying up a deal to buy the 55,900-dwt Imke Selmer (built 2011), a vessel that trades in the fleet of Hamburg-based OneBulk, a partnership between Oskar Wehr, FH Bertling and Nordic Hamburg.
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1 week ago | 
tradewindsnews.com | Jonathan Boonzaier
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1 week ago | 
tradewindsnews.com | Jonathan Boonzaier
We process your data to deliver content or advertisements and measure the delivery of such content or advertisements to extract insights about our website. We share this information with our partners on the basis of consent and legitimate interest. You may exercise your right to consent or object to a legitimate interest, based on a specific purpose below or at a partner level in the link under each purpose.
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1 week ago | 
tradewindsnews.com | Jonathan Boonzaier
We process your data to deliver content or advertisements and measure the delivery of such content or advertisements to extract insights about our website. We share this information with our partners on the basis of consent and legitimate interest. You may exercise your right to consent or object to a legitimate interest, based on a specific purpose below or at a partner level in the link under each purpose.
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1 week ago | 
tradewindsnews.com | Jonathan Boonzaier
Aegean Baltic Bank has arrested a Greek-controlled tanker at a ship recycling facility in India as part of a 10-year battle with Oceanwide Shipping and Tranos in row over loan defaults and insurance payouts. The Greek lender arrested the 10,000-dwt chemical tanker Starlet (built 2003) on Wednesday in an effort to recover the $4.8m its claimed was still outstanding on a $9m loan taken out to finance the purchase of the vessel in 2007.
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2 weeks ago | 
tradewindsnews.com | Jonathan Boonzaier
TradeWinds is part of DN Media Group AS. From November 1st DN Media Group is responsible for controlling your data on TradeWinds. We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors.
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2 weeks ago | 
tradewindsnews.com | Jonathan Boonzaier
Being one of the world’s largest car carriers and a major shareholder in the 6th largest container company does not bode well for Mitsui OSK Lines (MOL) in a challenging business environment caused by US president Donald Trump’s self-imposed trade war.
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2 weeks ago | 
tradewindsnews.com | Jonathan Boonzaier
TradeWinds is part of DN Media Group AS. From November 1st DN Media Group is responsible for controlling your data on TradeWinds. We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors.
