“I have heard from some guys towards the bottom of the list who are not very happy. But, in many cases, they’re taking a constructive approach and trying to figure out how they can improve.
“Yes, it’s related, but it’s related in favour of whom? So [Webber] doesn’t analyse if a related transaction is in favour of myself or in favour of a public shareholder.”
Polys Hajioannou is not so enamoured of the idea about rating related-party deals, however.
Public owners’ behaviour ranking sets sector alight
“Last year we predicted that the exceptional low number of high-value losses would not last, and unfortunately we were right.”
Helle Hammer of Cefor takes no pleasure in prophecies of doom coming true.
Cefor rings alarm bell over upturn in high-value claims above $10m
“Anyone not making it into those groupings won’t be able to survive in five years time."
It’s crunch time for containership owners in the great alliance shake-up, says Lars Jensen of SeaIntelligence Consulting.
“There are all sorts of bits in the melting pot.”
Jensen again. We’ve heard of skin in the game, but we would advise keeping your bits out of it.
Asian giants pen new alliance with CMA CGM
“It’s unfortunate, but it’s a step in the right direction by pulling it back. The hit to their reputation is not something that’s going to go away immediately. But they did have a good reputation beforehand. They’re not George Economou.”
One analyst draws a parallel between two prominent Greek owners. TradeWinds could not possibly comment.
Navios proves it is the listening shipowner after its recent loan controversy.
Navios gets it right after getting it wrong on $50m misadventure
“We're not expecting a sharp and immediate recovery of the dry bulk market, but we do argue that the bottom of this cycle is behind us.”
Good news for bulker owners! ABN AMRO says it can’t get any worse.
Dry your eyes; worst in past for bulk
“This can only happen if all owners/operators are prepared to do the heavy lifting collectively. It shouldn’t rest just on a couple to take the action while the others sit back, do nothing and try to cherry-pick any short-term gains.”
Reefers are in a right pickle and the only way out is with collective action, says Seafield.
Reefer rates sink to an all-time low
“With the current freight market, the investor crisis and the finance situation we could simply not continue.”
Michael Holm of Dansk Rederi bows to the inevitable.