October 15th, 20180Average index rates for smaller bulkers enjoyed their highest rates in the third quarter since 2011, according to the head of Hong Kong’s largest shipping line, Pacific Basin. However, that is no reason to rush out and buy a new ship.
Speaking at the Maritime CEO Forum, held in Hong Kong earlier this month, Mats Berglund told the...
October 12th, 20180The Pacific market for capesizes is “on fire”, according to John Michael Radziwill. Speaking at last week’s Maritime CEO Forum in Hong Kong, the GoodBulk boss was on typically bullish form, telling the exclusive shipowner gathering that the Q4 rally is well underway.
“A lot of ships have left the Pacific and the Pacific...
October 11th, 20180Had 30 refineries around the world spent $1bn each years ahead of the global sulphur cap the issue would have been dealt with at source, rather than risking the potential $200bn bill shipping might have to pay in the run up to - and enforcement of - the IMO’s crackdown on bunker fuels. That was the view of Bjørn Højgaard, CEO of...
October 10th, 20180Delegates attending last week’s by invitation only Maritime CEO Forum were warned by one of the world’s most famous names in tankers to be aware of the risks coming from investors from outside the industry.
Speaking as part of a high calibre tanker panel, Bob Burke, head of Ridgebury Tankers, said: “The world is awash with...
October 9th, 20180Chemical tankers were deemed one of the best segments for profit growth by multiple panellists at last week’s Maritime CEO Forum in Hong Kong. Happy with this consensus was Morten Arntzen, chairman of Team Tankers International, a chemical tanker major with a fleet of 51 ships.
In the video below tanker veteran Arntzen highlights...
October 8th, 20180VLCCs are set for their first year of negative fleet growth since 2002, offering some hope that the sector might be about to stage a comeback, according to Dr Adam Kent from UK consultancy Maritime Strategies International (MSI).
Kent was speaking last week in Hong Kong at the Maritime CEO Forum where he predicted crude tankers and...
October 5th, 20182Panellists at this week’s tanker session of the Maritime CEO Forum in Hong Kong stressed the need to protect any imminent recovery in the sector.
Featuring a banker and three owners, the panel was of the opinion that tankers are now bottoming out finally, however any hope of a sustained recovery will need all market pariticipants to...
October 4th, 20180The merits of being either a private or public company dominated much of the discussion during the dry bulk panel at this week’s Maritime CEO Forum in Hong Kong. An all-star lineup of top dry bulk owners took to the stage, moderated by Mandarin Shipping’s Tim Huxley for a lively debate.
Mats Berglund, CEO of Hong Kong-listed...
October 3rd, 20181“Playing poker blind with half the cards,” was how moderator Thomas Söderberg, the founder of Tribini Capital, introduced the choices facing owners with the global sulphur cap less than 15 months’ away.
In a one-off special 2020 Vision panel at yesterday’s Maritime CEO Forum in Hong Kong, owners, managers, class and flag...
October 2nd, 20180Dr Adam Kent, managing director of UK consultants Maritime Strategies International (MSI), kicked off this year’s Maritime CEO Forum in Hong Kong with a quickfire Q&A session in which he picked out larger, stainless steel chemical tankers as among the ships likely to appreciate most in the next two years.
On China, Kent was...
