Editor’s Picks
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Containers
Bimco predicts challenging markets in 2016
In his email Peter Sand, chief shipping analyst at shipwoner body Bimco, wished recipients a happy new year. His market…
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Asia
Japanese shipping giants warn of ‘severe’ business climate
Two of the most powerful men in shipping have warned the industry faces another tough year. The heads of Japanese…
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Asia
Is the liftboat market going the same way as the jack up?
In an interview with Maritime CEO last February, I was reported as saying that the “worst was yet to come…
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Containers
Chongqing Chuanjiang Shipping goes bankrupt
Chongqing Chuanjiang Shipping, one of the major Yangtze River shipping firms, has announced that it has gone into bankruptcy procedures…
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Containers
Happy New Year? Unlikely
The remarkable thing about this past year in shipping is that there have not been more bankruptcies. It does not…
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Europe
Drifting barge forces 235 to evacuate Valhall field
More than 200 workers were evacuated by helicopter in the early hours of this morning from BP Norway’s Valhall field…
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Europe
Shipmanangement legend Roberto Giorgi retires
Today marks the last day on the job for legendary shipmanagement personality Roberto Giorgi. Giorgi, who’s most recent role has been…
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Operations
InterManager president warns on seafarer fatigue, pushes concept of paperless ships
Gerardo Borromeo, the president of the global shipmanagement association, InterManager, has used his end of year address to reiterate calls…
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Greater China
Wuzhou Shipyard becomes first state-run shipyard to go bust
Zhoushan Intimidate People’s Court has announced that it has accepted an application from Zhejiang Shipping Group to liquidate its shipyard…
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Greater China
Seafarer dies onboard Russian reefer vessel detained in Dalian
A crew member onboard Russian reefer vessel has died while the vessel remains detained at Dalian Port in China, according…
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Greater China
China Merchants and Sinotrans & CSC merger to take more than three years
With China’s State Council approving China Merchants Group’s acquisition of Sinotrans & CSC Holdings yesterday, a source at a listed…
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Asia
Seoul launches $1.2bn ship investment scheme
The government of South Korea has come to the aid of the nation’s struggling shipping lines, launching a $1.2bn ship…
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Europe
Sea World Management eyes more tankers
Following the purchase of the from d’Amico Tankers, the Monaco-based Sea World Management (SWM) has reached the threshold of eight…
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Europe
Akastor latest Norwegian firm linked to Petrobras scandal
The latest Norwegian company linked to the giant corruption scandal at Brazilian energy giant Petrobras involves a well-known name. Newspaper…
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Asia
Bumi Armada secures $1.12bn financing for FPSO project
Bumi Armada has announced that its wholly-owned subsidiary Armada Cabaca, has secured a syndicated facility comprising term loan, standby letter…
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Dry Cargo
New boss for Globus Maritime
Greek dry bulk shipowner Globus Maritime has announced the appointment of Athanasios Feidakis to the role of president, CEO and…
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Greater China
China’s NDRC fines eight car carriers in anti-competition crackdown
China’s National Development and Reform Commission (NDRC) has announced today that it has fined eight foreign auto shipping companies for…
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Asia
‘2016 will be a year of caution’
Captain Ashok Sabnis, founder and managing director of Singapore’s Goodwood Ship Management looks at the tanker trades next year, as…
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Containers
No relief for container charter market in 2016
In its concluding look at the markets for 2016, Maritime Strategies International forecasts a modest improvement in the container sector…
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Contributions
VLCC fleet growth downside from second half next year
Maritime Strategies International’s tanker market model predicts firm earnings scenario in first half of next year before weight of fleet…
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