Owner family sells nearly $10m in Costamare stock
Constantakopoulos clan still owns more than half of the New York-listed boxship owner. Source: http://www.tradewindsnews.com
finance
China boasts Belt and Road achievements amid trade tension with US
Officials figures show China increased investments in the Belt and Road Initiative countries while boosting trades with them last year. Source: http://www.tradewindsnews.com
Davos storm warning — trade and business risks may worsen
Ahead of next week’s Davos summit, the World Economic Forum says reduced government collaboration weakens the ability to head off a possible recession Source: http://www.tradewindsnews.com
Major Seacor Marine Holdings investor backs away
Royce & Associates drops interest to less than 8%. Source: http://www.tradewindsnews.com
Major Seacor investor backs away
Royce & Associates divests $2.18m worth of stock in Seacor Holdings and Seacor Marine Holdings. Source: http://www.tradewindsnews.com
Royce drops $2.4m in shipping stocks
New York small-cap investor lessens positions in Seacor Holdings, spin-off Seacor Marine Holdings and Ardmore Shipping Company. Source: http://www.tradewindsnews.com
Blystad trims Songa Bulk stake for second time
Blystad has sold a stake equivalent to 2% of the company’s share capital since 20 December Source: http://www.tradewindsnews.com
Norwegian Car Carriers eyes growth after profitable year
Source: http://www.tradewindsnews.com
Seaspan frees up more ships as de-leveraging continues
Owner now has more than 30 ships without debt. Source: http://www.tradewindsnews.com