Minimalist News

Simply the latest news, updated on the hour.

AI Summary

  • European Energy’s Kassø Power-to-X plant in Denmark has commenced e-methanol production, marking a significant step in the development of green fuels for shipping.
  • The International Maritime Organization's Secretary-General expressed deep concern following a missile strike in Odesa, Ukraine, that resulted in the deaths of four seafarers, highlighting ongoing violence against maritime workers.
  • The Baltic Exchange has incorporated biofuel blends into its FuelEU Maritime compliance cost calculator, aiding stakeholders in navigating the regulations related to green fuel options.
  • Prices for high and low sulphur marine fuels have experienced fluctuations, with recent decreases observed in major ports such as Singapore and Rotterdam, while some areas, like Fujairah, have noted increases.
  • CMA CGM has announced a $20 billion investment plan to enhance U.S. maritime transport and logistics, underlining significant commitments towards infrastructure development in response to evolving industry demands.

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Tradewinds

  1. UK investigators take lead in probe to determine cause of fiery collision tradewindsnews.com 5 hours ago by Eric Priante Martin
    Casualties, Tankers

    US and Portugal take secondary roles as MAIB highlights that container ship Solong was on its regular route

  2. Zim forges deal to buy neo-panamax duo from tonnage provider Seaspan tradewindsnews.com 6 hours ago by Ian Lewis
    Containers

    Carrier purchases ships worth $160m ahead of charters expiring in 2027

  3. Trump tariffs weigh on sluggish panamax bulker spot rates as market pins hopes on Brazil soy exports tradewindsnews.com 7 hours ago by Sandra Boga
    Bulkers, Insight

    Rates have risen from January lows, but markets still unsettled

  4. Moment of impact: Video footage shows container ship and Stena tanker collide in North Sea tradewindsnews.com 8 hours ago by Andy Pierce
    Tankers

    Footage from Orca AI shows harsh conditions before fatal accident off UK coast

  5. Hoegh Autoliners takes over leased vessel as size push rolls on tradewindsnews.com 9 hours ago by Matt Coyne
    Containers

    Oslo car carrier owner splashes $36.5m in buy from financial owners

  6. Zim outlook flags frontloaded profit and weaker year-end tradewindsnews.com 10 hours ago by Ian Lewis
    Finance, Containers

    Prospect of Red Sea opening factored into earnings guidance of $1.6bn to $2bn

  7. Navigator to remove joint-venture director after arrest in Pertamina fraud probe tradewindsnews.com 10 hours ago by Gary Dixon
    Law, Gas

    US-listed LPG carrier company says three vessels are owned by joint operation in the country

  8. Baumarine pool adds upside for S’Hail Shipping through fixed-hire switches tradewindsnews.com 10 hours ago by Gary Dixon
    Bulkers

    Klaveness and Marubeni operation marks eighth year of cooperation in Doha

  9. LNG carrier lay-ups set to double as number of idle ships grows tradewindsnews.com 11 hours ago by Lucy Hine
    Gas

    Charter rates finally tip upwards but is this beginning of the end for older vessels?

  10. Echoes of 2008: Record container ship orderbook with long lead times mirror pre-crash boom tradewindsnews.com 11 hours ago by Ian Lewis
    Shipyards, Containers

    Similarities appear as boxship orderbook breaches 9m teu for first time

  11. Navigator’s profit rises as it begins to fix out ethylene carrier newbuildings tradewindsnews.com 12 hours ago by Gary Dixon
    Gas

    US-listed owner says talks ongoing for more of its new vessels

  12. Maria Angelicoussis sells her two oldest capesize bulkers to Anil Sharma-backed Lila Global tradewindsnews.com 12 hours ago by Jonathan Boonzaier
    Bulkers

    Duo deal comes as Sharma’s Dubai-based shipping company dumps vintage cape onto Bangladeshi ship recyclers

  13. Zim logs $2.15bn profit in ‘exceptional’ turnaround year tradewindsnews.com 13 hours ago by Ian Lewis
    Finance, Containers

    Israeli liner company reaps windfall and raises outlook on expectations of continued Red Sea crisis

  14. Arrested master of burning North Sea container ship identified as Russian national tradewindsnews.com 13 hours ago by Paul Peachey
    Insurance, Containers, Tankers

    The 59-year-old is in custody on suspicion of gross negligence manslaughter

  15. Ukraine-Russia ceasefire opens door for ‘maximum pressure’ on Iran tradewindsnews.com 13 hours ago by Matt Coyne
    Tankers

    Rystad Energy admits it is early, but more oil means greater latitude for the White House

  16. A ‘very normal’ man went to Monaco to work for Peter Livanos — now he’s in charge tradewindsnews.com 13 hours ago by Holly Birkett
    Bulkers

    Engineer Carlos Pena opens up about his 20-year climb to the chief executive’s position at CTM

  17. Stena reveals new bond sale as liquidity hits $1.8bn tradewindsnews.com 13 hours ago by Gary Dixon
    Finance, Tankers

    Swedish shipowning group sells $150m of debt to pay off 2028 maturity

  18. Pollution fund urges rapid probes for oil spills from unsafe tankers tradewindsnews.com 14 hours ago by Paul Peachey
    Containers, Casualties

    Compensation body says urgent checks are needed on insurance status of vessels suspected of being behind spills

  19. Second elderly LNG carrier of 2025 sold for demolition as sales candidates ratchet up tradewindsnews.com 14 hours ago by Lucy Hine
    Gas

    An expected flood of steam turbine tonnage set for the breakers has yet to emerge

  20. Former Advantage Tankers VLCC reported flipped as prices stay ahead of paper valuations tradewindsnews.com 14 hours ago by Gary Dixon
    Shipbroking, Tankers

    Older vessels still beating valuations as Yinghao Spirit said to have changed hands again

  21. Investors price in CMB.Tech-Golden Ocean merger after Saverys swoop for John Fredriksen’s stake tradewindsnews.com 15 hours ago by Jonas Walsgård
    Bulkers, Finance

    Arctic Securities says ‘merger makes a lot of sense’

  22. Houthi attacks or not, shipping still steering clear of Red Sea tradewindsnews.com 15 hours ago by Matt Coyne
    Casualties

    Shipping companies did not appear to trust Houthis in the first place, as attacks could resume

  23. Yang Ming profit surges to $2bn but ‘significant uncertainties’ ahead tradewindsnews.com 15 hours ago by Gary Dixon
    Finance, Containers

    Taiwanese boxship owner says it was boosted by longer routes and port congestion

  24. SSY opens Aberdeen office staffed with ex-Clarksons offshore brokers tradewindsnews.com 16 hours ago by Holly Birkett
    Shipbroking, Offshore

    Broking group has been steadily growing within offshore support services

  25. Odfjell makes first tanker suction-sail move in Bound4blue deal tradewindsnews.com 16 hours ago by Gary Dixon
    Sustainability, Tankers

    Norwegian chemical carrier group adds technology to vessel in just two days

  26. Columbia brings in OSM Thome’s Simona Toma as crewing boss after Faouzi Fradi leaves tradewindsnews.com 16 hours ago by Gary Dixon
    Ship Management, People

    Schoeller ship services group appoints rival’s Singapore boss

  27. Andreas Sohmen-Pao’s BW Group buys $6.6m Hafnia shares as stock slump deepens tradewindsnews.com 16 hours ago by Jonas Walsgård
    Finance, Tankers

    BW now holds 45% of outstanding shares

  28. ‘Wild uncertainty’ stalling term tanker deals, broker Braemar says tradewindsnews.com 16 hours ago by Gary Dixon
    Tankers

    Few owners and charterers willing to place a forward bet amid geopolitical upheaval

  29. Eastern Pacific clears out capesize bulker brace as it takes delivery of newbuildings tradewindsnews.com 17 hours ago by Irene Ang
    Shipbroking, Bulkers

    Singapore’s Pioneer Bulk and Jade Ocean Marine named as buyers of Mount Song and Mount Austin, respectively

  30. Hong Kong-based Caravel Group buys Indian seafarer training institute tradewindsnews.com 19 hours ago by Karen Ng
    Ship Management

    Training courses will be applied to Caravel’s fully owned unit Fleet Management

  31. Houthi rebels restate threats against Israeli shipping tradewindsnews.com a day ago by Jonathan Boonzaier
    Casualties

    However, Yemeni militia group makes no mention of resuming attacks on non-Israeli-affiliated vessels

  32. Wan Hai weighs $240m LNG fuel switch for methanol-ready container ships tradewindsnews.com a day ago by Irene Ang
    Sustainability, Containers

    Liner company poised to pay more than $30m per ship when it upgrades the 16,000-teu newbuildings

  33. Peter Dohle, major shareholder in owner of the stricken Solong, is ordering more container ships tradewindsnews.com a day ago by Ian Lewis
    Shipyards, Containers

    German shipowner returns to China for more newbuildings

  34. Four Syrian seafarers killed in Russian missile attack on Odesa tradewindsnews.com a day ago by Harry Papachristou
    Bulkers, Casualties

    Piraeus-managed vessel controlled by Middle Eastern interests caught fire in port

  35. Virtually all container ship calls in US will be hit by proposed port charges, says trade body tradewindsnews.com a day ago by Paul Peachey
    Opinion, Containers, Insight

    Leading shipping voices say changes will have a massive impact on trade

  36. Industry on tenterhooks after draft US order proposes to pile more fees on shipping tradewindsnews.com a day ago by Eric Priante Martin
    Ports, Regulation

    Proposed Make Shipbuilding Great Again order would apply Harbor Maintenance Tax to imports via Mexico and Canada, among other measures

  37. Rally aborted: Most shipping stocks back in red after broader market tanks again tradewindsnews.com a day ago by Joe Brady
    Finance

    US-Canada trade war escalation erases early gains off Monday’s lows

  38. Trump’s shipyards comments ‘a monumental moment’ for US builders tradewindsnews.com a day ago by Eric Priante Martin
    Shipyards, Interviews

    Shipbuilders Council of America president discusses US plans to bolster yards

  39. Zero-emission ultramax bulkers get closer to reality as class societies grant approval tradewindsnews.com a day ago by Holly Birkett
    Bulkers, Sustainability

    Designs feature onboard crackers to convert ammonia into hydrogen for fuel cells

  40. Master arrested over North Sea tanker collision that left one dead tradewindsnews.com a day ago by Paul Peachey
    Containers

    Police say 59-year-old man was held on suspicion of gross negligence manslaughter

  41. Trio of Russian LNG cargoes head towards Asia after ship-to-ship transfers tradewindsnews.com a day ago by Lucy Hine
    Gas

    Step forward Sputnik Energy as shadow ship undergoes third name change

  42. US private equity firm claims majority stake in Wrist Supply tradewindsnews.com a day ago by Joe Brady
    Offshore, Finance

    Lehman will work with current sponsor and management shareholders

  43. MR demand hit could be imminent due to African shake-up, Gibson says tradewindsnews.com a day ago by Gary Dixon
    Tankers

    UK broker sees fall in Nigeria’s clean product imports as inevitable

  44. UK removes Turkish ship manager from Russia sanctions list tradewindsnews.com a day ago by Paul Peachey
    Tankers

    British government acts after 17-strong fleet moved off Active Shipping’s books

  45. Burning container ship involved in North Sea disaster expected to sink, authorities say tradewindsnews.com a day ago by Paul Peachey
    Containers

    Coastguard says vessel is unlikely to remain afloat

  46. Tankers keep chugging along as Chinese demand, geopolitics weigh on sentiment tradewindsnews.com a day ago by Matt Coyne
    Tankers

    Rising VLCC activity last week did little to calm nerves in the market, Breakwave Advisors says

  47. Raising the odds on gas carriers winning more lucrative backhaul cargoes tradewindsnews.com a day ago by Craig Eason
    Technology, Gas

    Inflatable bellows inside tanks allow better cargo extraction and reduce the need for lengthy port stays

  48. Vafias spin-off C3is insulated from ‘year of politics’ with non-Chinese fleet tradewindsnews.com a day ago by Gary Dixon
    Bulkers, Tankers

    CEO Diamantis Andriotis confident bulker and tanker owner will make strong profit in 2025

  49. ‘Massive’ $1.7bn fleet renewal needed at Global Ship Lease, analysts say tradewindsnews.com a day ago by Gary Dixon
    Containers

    Fearnley Securities argues investment required to maintain asset values

  50. Greek shipowner Load Line swells fleet with Dong-A Tanker buys tradewindsnews.com a day ago by Harry Papachristou
    Bulkers

    George Souravlas-led company acquires handysize pair from South Korean player

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