Editor’s Picks
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Asia
HMM share price jumps on Hanjin fleet fire sale speculation
Shares in Hyundai Merchant Marine (HMM) leapt 6% to close in Seoul today at KRW8,700 on increased speculation that the…
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Contributions
Live Animal Export: Blindsided
Dr Lynn Simpson on dealing with animals with eye troubles in transit. I recently went to a charity ball for…
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Asia
K Line accuses APL Logistics of spreading false bankruptcy rumours
Kawasaki Kisen Kaisha (K Line) has accused APL Logistics of starting malicious bankruptcy rumours. In a note sent to clients…
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Asia
Will there be a chair for HMM when the music stops?
Andy Lane from CTI Consultancy ponders what will happen to South Korea’s other major carrier. Despite all of the denials,…
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Greater China
Rolls-Royce to suspend Shanghai operations
Marine engine manufacturer Rolls-Royce has announced that it has made the decision to suspend operations of its factory in Nanhui,…
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Asia
‘This could be heaven or this could be hell’: Bankruptcy paranoia roils the industry
Last week I posited in this regular Scuttlebutt column that it looked like we were entering peak bankruptcy season. This…
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Asia
K Line dismisses bankruptcy speculation
Representatives at Japanese shipping major Kawasaki Kisen Kaisha (K Line) have rubbished reports from China that the line will shortly…
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Europe
A.P. Møller-Mærsk splits in two
As expected Europe’s largest maritime conglomerate will split in two. A.P. Møller-Mærsk will divide its energy and transport divisions in…
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Asia
Marco Polo Marine’s future in doubt
Singapore-listed Marco Polo Marine has said in an announcement that there may be a substantial doubt about the group’s ability…
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Contributions
Live Animal Export: Reject the rejects
How come so many animals that clearly do not meet the rules are still being herded on ships and transported?…
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Contributions
The Hanjin legacy
Paul Slater from First International Corp warns there’s plenty more pain to come. The Hanjin bankruptcy came as no surprise…
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Greater China
Taylor Maritime plans rapid doubling of handy fleet
Hong Kong handy specialist Taylor Maritime has revealed plans for the rapid expansion of its fleet. Founded in 2014, Taylor…
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Asia
Weak tanker spot market leading to greater pooling of tonnage
The tanker spot market was described as brutal and something that is leading directly to greater pooling of tonnage as…
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Contributions
Tanker torpor
What would it take to see VLCC rates pick up again? Jason Jiang explores. The VLCC market has taken a…
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Europe
BW LPG prepares takeover offer for Aurora
BW LPG has upped its stake in Aurora LPG again and is to launch a voluntary tender offer to buy…
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Asia
Short-term pain, long-term rationalisation: Hanjin focus of Marine Money discussions
The collapse of Hanjin Shipping has brought short-term pain for all carriers, but further down the line the sector’s largest…
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Asia
Post-Hanjin, there’s a need for a global container rescue fund
The demise of Hanjin has come as a surprise to many market participants. Mostly, because the signals given by banks…
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Europe
Hansa Treuhand seeks court protection for 15 boxships
The Hamburg shipping community has reacted with shock and sadness that one of the city’s erstwhile maritime champions Hermann Ebel…
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Asia
Charterers to take $1.2bn hit as Hanjin pushes plans to become an intra-Asia operator
Hanjin Shipping is trying to reposition itself as a small intra-Asia player if it gets the nod to survive from…
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Europe
10-year-old boxship sent for scrap
The becomes the youngest boxship to date this year to have been sent for scrap. Just 10-years-old, the 4,546 teu…
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