TradeWinds

This week’s Streetwise takes a look at the behind-the-scenes deliberations over coverage of the industry. #shipping Deutsche Bank

What does a winning investment look like? The TradeWinds Shipowners Forum Germany will return on 3 September 2024 as the keynote conference at shipping’s premier engineering and tech expo, SMM Hamburg. Our journalists and expert speaker line-up will attempt to answer the big questions on when and how the cash-rich shipping industry should spend its profits, and develop a holistic strategy for long-term commercial success. Your ticket will include complimentary access to all days of SMM 2024. For more information, including the agenda and further details on our speakers, visit the event site: https://lnkd.in/eG3CbCCe #TradeWindsEvents #Shipowners #SMM #MaritimeNews

London-headquartered shipbroker Affinity (Shipping) has logged lower profit for 2023 in weaker shipping markets. The private company continued its expansion in 2023, with new businesses starting in the US and South America, partnership secretary Christopher Chasty said in a report filed with the UK’s Companies House. Chief executive Richard Fulford-Smith received a total package of £1.17m, up from $1.08m in 2022. He was the highest paid member. #shipping #shipbroking Affinity (Shipping) LLP

Veteran Diana Shipping executive has been operating a tanker company under the radar for five years, TradeWinds’ Joe Brady reports. The seller of the first product tanker in the fleet of New York-listed OceanPal is a private tanker company owned by one of its directors, Ioannis Zafirakis. #shipping #GreekShipping Diana Shipping Inc.

The Houthis may not have extended their reach to the Mediterranean, but they have extended their messaging. This article includes Ian Ralby of I.R. Consilium and Noam Raydan and Farzin Nadimi of The Washington Institute For Near East Policy. https://lnkd.in/e7JE66EG

From a two-ship operation to multi-billion dollar conglomerate. How did OSG buyer Saltchuk Resources get here? #shipping Overseas Shipholding Group Saltchuk

Holly Birkett reports on the second round of departures from Oldendorff Carriers in less than a week, yet again linked to a rumoured new venture being put together by ex-Oldendorff CEO Peter Twiss. #shipping Oldendorff Carriers GmbH & Co. KG

The steady ordering of LNG-fuelled vessels shows natural gas is here to stay for some time, highlighting the importance of tackling methane emissions. https://lnkd.in/ernktfDy

#shipping #decarbonisation A.P. Moller - Maersk

A coup for shipbroker SSY as it brings in Maersk Tankers’ chartering chief. The new director will work with the tanker projects team to “further build on SSY Tankers’ success”, both in Denmark and globally. #shipping