Editor’s Picks
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Europe
BW LPG builds Aurora stake
BW LPG has continued its steady buildup in the stakeholding of rival Aurora LPG. On Friday, BW LPG came in…
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Contributions
No cures for self-inflicted ailments
Tim Routh from China Sea Rates on lessons to be learned from the Hanjin crisis. We on average see between…
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Contributions
Hats don’t help seafarers – but you can
If you want to help seafarers, don’t patronise them by knitting a hat, Intermanager’s secretary-general (and former seafarer) Kuba Szymanski…
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Asia
Rickmers Maritime facing revolt over debt refinancing deal
Rickmers Maritime’s bid to avoid liquidation via debt refinancing has not been received well by investors. The Singapore-listed containership shipping…
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Asia
Are we entering peak bankruptcy season?
Are we entering peak bankruptcy time now for shipping? I’d argue that the coming six to 12 months will see…
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Europe
German banks carrying a quarter of all shipping loans: Dagfinn Lunde
Splash’s finance columnist Dagfinn Lunde has told Reuters that German banks account for nearly one quarter of the world’s $400bn…
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Asia
Rickmers Maritime fears liquidation
Rickmers Maritime has spooked Singapore investors admitting it is close to liquidation unless creditors come to its rescue. The listed…
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Greater China
Super typhoon lays waste to Kaohsiung box terminal
Super Typhoon Meranti, the strongest storm on record anywhere in the world so far this year, wreaked havoc and chaos…
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Europe
Hammonia Reederei joins the rush to scrap 13-year-old boxships
Hamburg’s Hammonia Reederei has joined the rush to scrap exceptionally young boxships. Brokers tell Splash the German company sent the…
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Europe
20% of KG-funded boxships are insolvent
Nearly one in five containerships owned by KG funds in Germany are insolvent according to data released by research firm…
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Asia
Hanjin ships put up for sale as Italian subsidiary closes
More Hanjin ships have been put up for sale. Citing shipbroking sources, Reuters is reporting that the Hanjin Mar and…
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Dry Cargo
Bulker prices at historic all-time lows: Intermodal
Bulker prices are at historic all-time lows, broker Intermodal claims in a recent weekly report. In regards to dry bulkers,…
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Contributions
Live Animal Export: Born on the high seas
Dr Lynn Simpson explains what can happen when preganant animals travel on livestock carriers: “The morale of the ship plummets…
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Maritime CEO
Trident Alliance: Seeking robust enforcement of sulphur regulations
The Trident Alliance is a coalition of shipowners and operators working to ensure robust implementation of sulphur regulations. Anna Larsson,…
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Asia
South Korean president warns Seoul will not rescue Hanjin Shipping
Six Hanjin Shipping vessels are confirmed as arrested following the line’s court receivership at the end of last month. Seven…
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Asia
Is Hanjin shipping’s Lehman moment?
Is the fall of Hanjin shipping’s Lehman Brothers moment? That’s the point of view of Gerry Wang, the head of…
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Europe
Baltic tanker trades set for shakeup
Tanker trading patterns in the Baltic are set for a shakeup with news that Russia will stop exporting oil products…
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Shipyards
Global shipbuilding capacity to fall by up to 30%: Teekay
A report from Canada’s Teekay Corporation published earlier this month sees global shipbuilding capacity falling by 20-30% over the next…
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Asia
Taps turned off as Hanjin Shipping edges closer to oblivion
The chaos wrought by Hanjin Shipping’s court receivership – container shipping’s largest ever bankruptcy – stepped up a notch today…
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Contributions
Boxport model of relentless expansion is over
Jason Jiang argues container terminal returns have peaked and are unlikely to grow quickly again. Cast your mind back 10…
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