Kenny Cai, founder of GPO Heavylift, feels a bit lonely in the fight to put some pressure on struggling shipbuilders.
High-value newbuild wins first big charter
“Shipowners and brokers are looking for any speck of optimism in the current New Year market.”
Who isn't?
Capesize at the centre of price fight heads back to sales arena
“Despite being one of the worst 12 months on record for dry bulk freight rates, FFAs proved that they remain a vital part of the shipping industry, with volumes growing 1% during the year.”
John Banaszkiewicz finds some of this optimism in the FFA market.
SGX backing to accelerate freight derivatives growth
“It makes sense to order new tonnage now if there are more cargoes to transport. Also China’s policy of ‘Chinese cargoes, Chinese ships’ encourages local companies to expand their fleet.”
A source justifies why Hong Kong-based China VLCC could order up to four VLCCs at Chinese shipyards.
China VLCC in talks with local yards to boost fleet
“I am not aware of any potential conflicts of interest other than those that will be the subject of my ethics agreement.”
Billionaire shipping investor Wilbur L Ross has no idea about how his shipping activities could affect his new political role with Mr Trump.
“I think we will know how Ms Chao and Mr Ross and others perceive these programmes in the coming months.”
Still early days for conclusions over Donald Trump’s shipping policy, according to Eric Lee, a Washington maritime lawyer at Holland & Knight.
Mix of optimism and uncertainty as shipping braces for Trump
“The strong flags are all growing and it’s because they’ve become more and more capable to do what’s needed to provide this regulatory oversight.”
Scott Bergeron explains why big flag registries are becoming bigger and bigger.
