March 14th, 20190After many years of dire returns sparking huge consolidation within the sector, are offshore support vessels finally poised for a revival? Rene Kofod-Olsen, CEO of Dubai-based OSV operator Topaz, reckons there is reason to be optimistic. "While the price of Brent continues to be volatile, it is at a more constructive level. And so,...
February 26th, 20191Idan Ofer’s Eastern Pacific Shipping and startup specialists Techstars have launched a shipping startup accelerator in Singapore. The EPS MaritimeTech Accelerator Powered by Techstars will be based in Eastern Pacific’s headquarters in Singapore. From April this year, the EPS MaritimeTech Accelerator Powered by Techstars will...
January 4th, 20190Harry Vafias is in typically bullish form when Maritime CEO comes calling for our first interview of 2019. The StealthGas CEO spent much of last year selling off older tonnage, and now has his eyes out for some bargains to bolster his LPG fleet amid what he sees as a healthy equilibrium for the global LPG shipping sector. “The...
December 17th, 20180Jan Rindbo aims to take Norden further down his planned digital and global path next year. The CEO of one of Denmark’s largest shipping lines, Norden, is anticipating an improved financial year for his giant dry cargo and tanker fleets after what has been a trying 2018 in which the company was forced to downgrade its full year...
December 12th, 20180Christian Andersen is disappointed with some of his peers in the VLGC markets this month for accepting lower rates; the market could have held out for better, he reckons. The other frustration regarding the markets for the acquisitive founder of Avance Gas is the paucity of well-priced ship targets. “We are always looking for...
November 22nd, 20180Regulations, desulphurisation and shipbuilding oversupply are the three main challenges the European shipping industry must confront in order to survive on the global stage, according to John C Lyras, principal of Paralos Maritime Corporation and a very well known face in shipping since he started out in 1975. Lyras comes from a Greek...
November 19th, 20180Sveinung Støhle, president and CEO of Höegh LNG, is in a happy place. As the year comes to a close the tightness in the LNG market, which he had been predicting, has seen rates soar into unchartered territory. The Höegh LNG fleet is well placed to prosper from this sudden uptick. While the Höegh LNG core business is and will...
November 15th, 20180Ed Buttery, the founder of fast growing Hong Kong handy owner Taylor Maritime, stars on the latest cover of Maritime CEO magazine, which launches today. Founded in 2014, Taylor Maritime has grown rapidly and as of today boasts a fleet of 28 ships with more being inspected regularly. “We felt the timing was good earlier this year...
September 7th, 20186French agricultural group Invivo Grains and Global Equity Group have partnered to form Triomphe Shipping Lines in Singapore. According to its website, Triomphe’s plans to provide an all-inclusive vessel operating and freight management service for both dedicated in-house tonnage and third party business. Triomphe is being headed...
September 5th, 20180Ivar Myklebust has a refreshingly different take on the topic du jour in shipping – the impending global sulphur cap on marine fuel. Writing on the Höegh Autoliners website recently the CEO of the car carrier firm argued that more should be done to coerce refiners to be ready for the January 1, 2020 implementation of the...
