June 4th, 20190Proving once again what a brilliant asset player he is, Norwegian tycoon Arne Fredly revealed in late May he’s closing in on a deal to offload a pair of VLCC resales, pocketing a stunning $25m profit in the process. Fredly set up Oslo-listed Hunter Group as a pure-play VLCC company early last year, rebranding another company called...
June 3rd, 20190Best known for its pioneering containership investments, Vancouver-based ship lessor Seaspan Corporation is diversifying under new management, with LNG seen as a potential new direction. Nevertheless, despite headwinds the company remains optimistic that the market fundamentals for its largest source of business, boxships, remain...
May 30th, 20190Şadan Kaptanoğlu stars on the cover of the latest issue of Maritime CEO magazine, launched today just in time for next week’s big Nor-Shipping event in Oslo. The magazine has a strong Nor-Shipping flavour to it with plenty of Norwegian owner interviews and Oslo finance under the microscope. However, it is Kaptanoğlu who takes...
May 20th, 20190Rizhao-based Landbridge Group, a diversified multinational group specialising in port infrastructure, logistics, oil and gas, shipping and petrochemical industries, is gearing up to grab the opportunities from China's grand Belt and Road Initiative to further expand its business with a competitive VLCC fleet. The company currently...
May 8th, 20190A stronger focus on all operations is the key management message from Per Ekmann, confirmed this week as the new CEO of Danish tanker owner Uni-Tankers, part of Torben Østergaard-Nielsen’s United Shipping & Trading Company. Ekmann has been serving as interim CEO since December 2018, and was previously the CEO of Uni-Chartering....
April 26th, 20190Susana Germino is in a bit of a hurry when Maritime CEO comes calling for her first media interview since landing in Jakarta on Wednesday. After us, she’s got CNBC coming in for a televised chat. 21 years after her career in shipping started, Germino, a well travelled Portuguese native, is now the head of a shipping line, taking the...
April 23rd, 20190Two-year-old Dubai Navigation Corp (DNC) has just taken on a trio of ships from Viken Shipping, marking a strategic move into the tanker sector. The shipowner moved beyond its dry bulk and feeder boxship origins, pouncing for an en bloc deal for three 13-year-old LR2 tankers. Top management is now on the look out for some further...
April 9th, 20190Dubai-headquartered offshore service provider Astro Offshore is gearing up for a new round of expansion, as the offshore sector gradually gets back on its track. Both Mark Humphreys’s grandfather and father served at sea, meaning for the managing director of Astro Offshore shipping is very much inside his blood. He founded Astro...
March 28th, 20190Lois Zabrocky, CEO of NYSE-listed tanker owner International Seaways (INSW), is on the cover of the latest issue of Maritime CEO magazine, which publishes today. Straight talking Zabrocky is not your typical shipping boss. It’s rare enough in this industry for a woman to be in charge. It’s rarer still for her to hail from a...
March 20th, 20190Zeaborn, Germany’s chief consolidator of shipping lines, is looking to further strengthen its position as one of the leading fully integrated shipping companies in the world, likely to profit from the continued doldrums among many of its struggling peers on home soil. The German shipping industry has been hard hit in the past few...
