We take a look at what was said in the market over the past week.

“But shipowners are optimistic people who think they can grow and reach the sky, which is not the case nowadays.”

After spending decades at CMB, Ludwig Criel may be well-aware of over-optimistic owners.

Strict new bank finance rules are opportunity to control fleet capacities, say panellists

“At the end of the day, the history of owners building specialist ships is a tragic one.”

A European shipowning source is not very optimistic about building specialist ULCCs given recent history.

Sinopec targets ULCCs as missile crisis sparks orders shift to China

“We’re not going to hit the home run, but we’ll hit a triple. The other side of that is the stability of profitability.”

Optimism is sweeping the dry bulk sector and that’s obvious in the words of Pangaea’s boss Ed Coll.

Rare public dry operator looks to capitalise on unique model

“The Samsung group is respected as a company that had contributed a great deal not only to the industry but to the country. It has earned more trust than the public prosecutors themselves.”

Sung Hyuk Hwang, a former sales director at Hyundai, says South Korea is a place where people trust the Samsung group more than public prosecutors.

SHI’s orders ‘safe despite group scandal’

“We didn’t get enough sleep in our office this morning because we were chasing a Japanese vessel.”

This is how the pace of the market is accelerating by the hour with prices rising at “exponential speed”, Dimitris Koukas of Optima Shipbrokers suggests.

Scorching-hot S&P market sparks bulker order talk

“There is more demand for work at sea by young people entering the labour market.”

Is it back to their roots for young Greeks desperate to find a job in the middle of the crisis? Maybe, according to one official at the merchant marine ministry’s bureau for maritime employment.

Rising number of Greeks sign on as seafarers

“It is estimated that within 10 years, fuel cells will be cheaper by far compared to a diesel-propelled vessel.”

Olav Lindtjorn, global product manager for engineering group DC, envisages a shipping world of cheaper fuel.

Fuel cells will be ‘far cheaper than diesel within next decade’

“The target is that MEPs eventually decide that this is the IMO’s business.”

German shipowners have a very clear view of the EU’s role on shipping emissions, says chief executive Ralf Nagel.

German owners push EU to drop ETS for shipping