Paddy Rodgers forecasts worse manners following Doland Trump’s inauguration.
“We believe that investing in both supramaxes and kamsarmaxes at current valuations with a low leverage is the right investment strategy”
Greek shipowner Ghikas Goumas shares the same views with Arne Blystad so it makes sense that he joined Songa Bulk.
Goumas set to co-operate with Songa Bulk
“They’re one of these comers and goers. They get a guy who says, ‘I want to build up a book’. What will surprise us is if they stay in the long term.”
A broker raises serious doubts about Koch Shipping’s dry cargo plans.
“We’re here to stay. We have a history in tankers and we are trying to replicate the same model in dry now.”
But Koch’s Stan Todorov reassures the industry that his company is here to stay.
Koch scouts market to achieve target of 30-strong cape fleet
“We expect to see more loan portfolio sales from banks to decrease their exposure to the sector.”
The RBS loans sale is only the beginning according to Jon Howells, managing director at the specialist marine financial advisor Park Partners.
Expect more sales of RBS shipping loans
“My priority is to lead Aegean into the next phase of its sustainable development and expansion of the green fleet. Coming in at this critical point is a huge responsibility.”
Veteran class executive Apostolos Poulovassilis is aware of the difficult task he has been assigned to.
“As well as the legal, safety and quality issues, you also have to consider the capacity issue; we had the largest capacity, so where are all these people and controlled goods going to go?”
SGS managing director Jordan Wylie ponders the future after his company pulled out of the market.
Security firm’s exit sparks concerns of domino effect
“We continue to believe that there is real value to both increasing our size and focus to the ultramax class of vessels, as well as modern supramaxes.”
Gary Vogel of Eagle Bulk outlines his strategy shortly after landing fresh financing.
Eagle Bulk nets $100m to boost its fleet expansion plan
“It is not a simple matter to novate the COA contract to another company using a time-chartered vessel. It will need the shipowner’s approval.”
One Hanjin executive explains to TradeWinds why exiting the tanker business is not that simple.
Hanjin denies tanker exit as it seeks to novate VLCC
“There are too many players in the shipbuilding business. For yards to combine technologies (as a strategy to survive) the majors will have to merge.”
Japan Marine United president Shinjiro Mishima has a solution for its compatriots in case that they want to compete their Chinese and South Korean rivals.
