“We do not disclose the names of our charterers. But it is not us. If it was us, we would have to disclose that to the SEC and we do everything totally by the book.”
A DryShips spokesman denies re-drawing charters with a George Economou company. Interesting use of “us”, there. He can’t be viewing DryShips and Economou’s private empire as one entity can he?
DryShips strongly rejects talk of ‘deal’ with Classic
“If mills can’t access their cargo in the port they will panic and look for supply from elsewhere. This will lead to more shipments that will have to be routed through other ports.”
Precious Shipping boss Khalid Hashim predicts congestion after the Tianjin blast.
“Every market cycle has its own trials and tribulations, and this one is certainly no different. Yet they also harbour opportunities for those who are patient, passionate and remain flexible to new trading patterns.”
James McConachie of Carisbrooke stays positive about the MPP sector.
“They have an almost full exposure to the spot market. They have a really simple story to understand. They have a low cost structure. And, of course, the Teekay name goes a long way.”
An analyst sums up why Teekay can’t really lose.
Teekay Tankers seen as prudent in holding off on dividend review
“Starting with the collaboration given by Hamylton Padilha, the veil has been lifted on the existence of a grand scheme of corruption and money laundering involving multinational executives, lobbyists and financial operates to pay bribes to corrupt Petrobras officials.”
Prosecutors state their case in the ongoing Petrobras corruption case.
Brazil ‘Car Wash’ net spreads as SHI and Su in spotlight
“Somebody at some stage said you should always do something you enjoy and I enjoy the water.”
Epic Gas chief executive Charles Maltby explains why he’s in his current job.
Shipping enthusiast followed his passion
“There is some restructuring going on within Thoresen. That may result in some of the offices closing. I want to reiterate that our financial position is absolutely rock solid.”
Thoresen Shipping Singapore's Mike Andersen says there are no problems at the company.
‘Rock solid’ Thoresen mulls office closures
“The great people of Egypt announce to the world today the message of the New Suez Canal: that we triumph over terrorism with life and over hatred with love.”
Egyptian president Abdel-Fattah al-Sisi gets emotional after cutting the ribbon on his new waterway.
