Editor’s Picks
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Asia
DSME collapse likened to Enron
The decline and fall of Daewoo Shipbuilding & Marine Engineering (DSME) has been compared to the bankruptcy of US energy…
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Europe
Tsipras calls for further Chinese maritime investment
Greek prime minister Alexis Tsipras has used his state visit to China to try and drum up more maritime investments,…
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Contributions
Canaries in a coalmine
With the dry bulk freight market so low for so long, half of the world’s dry bulk shipowners are trying…
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Europe
Berenberg and private equity start $500m shipping fund
Germany’s oldest bank Joh. Berenberg Gossler & Co has created a $500m fund with an unnamed private-equity investor to jointly…
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Europe
CODie: Obstacles facing smart shipping
So called smart shipping cannot happen until cheap, fast internet is broadly available at sea, and shipping companies become willing…
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Americas
Seacor Marine takes 11 Pacific Richfield AHTS vessels
Seacor Marine has bought 11 AHTS vessels from Singapore’s Pacific Richfield, according to brokers Fearnley Offshore Supply. Pacific Richfield put…
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Containers
Borealis Maritime takes 3,400 teu ship for $5.3m
Borealis Maritime has come in for the 3,400 teu Korean-built boxship, paying Hamburg’s Hammonia Reederei $5.3m for the 10-year-old vessel.…
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Europe
Aframax prices slide
Clarksons Research has news of the swift downward pressure on aframax tanker prices. The eight-year-old was sold last week by…
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Americas
EIA says expanded Panama Canal a boon to US LNG exports
The enhanced Panama Canal is going to be a boon for US liquefied natural gas (LNG) exports to Asian markets…
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Containers
Weighing up risks in container shipping
Being careful what you wish for is axiomatic in the maritime industry and especially when it comes to the effect…
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Dry Cargo
Huxley cites ‘disagreement among senior management’ for his shock Wah Kwong departure
Tim Huxley has told Splash “a disagreement among senior management” was the reason for his surprise departure as ceo of…
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Containers
Panamaxes rapidly becoming Alangamaxes
When someone asked on Twitter recently what panamaxes should be called in the wake of the opening of the expanded…
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Containers
Industry heavyweights applaud Hapag-Lloyd and UASC merger move
News that Hapag-Lloyd will move ahead with a merger with United Arab Shipping Co (UASC) has been greeted with approval…
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Containers
Maersk dismisses Zim 2M link
Maersk Line has dismissed an Alphaliner report linking Israel’s Zim joining 2M as “rumours and speculation”. French box analysts Alphaliner…
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Europe
Piraeus port deal hits a snag
China Cosco Shipping has claimed the Piraeus port sale submitted to parliament in Athens is not the same as what…
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Contributions
Dry bulk equity at the vanishing point
Will Fray, a senior analyst at Maritime Strategies International, notes how asset values are now at all-time lows for many…
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Contributions
Lots of surprises yet to come post-Brexit
For those with maritime interests, what happens at the International Maritime Organization, (it favours the American spelling) has relevance, significance,…
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Dry Cargo
China’s Baosteel and WISCO plan merger
Baosteel and Wuhan Iron and Steel Corporation (WISCO), two major steel producers in China, have both suspended stock trading today…
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Americas
Panama inaugurates new canal
Panama held an official inauguration ceremony with a host of dignitaries on hand for the newly expanded Panama Canal yesterday.…
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Asia
Indonesia bans local ships calling to the Philippines
On Friday Jakarta banned all Indonesian-flagged vessels from heading to the Philippines, after a spate of seafarer kidnappings in the…
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