“I do not rule [out] co-operating with him again. I have nothing negative to say about him.”

John Fredriksen leaves the door open for outgoing Herman Billung.

Off Golden throne but Fredriksen still has faith in Billung

“The rates are good, the returns are high, but without anybody hitting numbers or excitability that encourage newbuilding orders or overcooks the market.”

No overcooking needed in the tanker market. This is how people will keep making money, Paddy Rodgers advises.

Model of order new and sell at a profit seems to be ‘broken’

“It’s early yet. We’re collecting all the information, but certainly that will get a close look throughout the investigation.”

All eyes are on finding out what happened with the El Faro casualty but acting director Brian Curtis says it is still early.

El Faro probe to raise questions on ‘grandfathering’ of safety rules

“After months on the defensive, sellers are now making a stand.”

Something is finally moving on the bulker S&P side, according to a broker speaking to TradeWinds.

Densay ultramax bulker buy flags up rise in values

“Most rig owners are trying to deal with the problems they have on their fleets, so I think they just asked themselves whether they wanted to pay $65m just to have one more rig in layup for three years.”

But when other owners appear to be hesitant, George Economou steps up.

Economou pays 90% cut price for $680m drillship

“If this market continues, no ships will go for scrap.”

Thalkat managing director Konstantinos Kladias could not express himself in a simpler way than that.

Thalkat to offload last vintage bulker amid warming interest

“It’s not a fatal challenge to the UK that we do not have a big domestic shipping industry but it certainly would not hurt to have a broader base of business.”

It’s about time that shipowners join brokers, lawyers and insurance guys in London, according to PwC assistant director David Smith.

UK remains world leader in insurance, broking and law 

“I don’t see how any party that is owed money can benefit from the ships just being left to sit. The only way any money can be recovered is by selling them.”

Reasonable thinking from industry veteran Sridev Mookerjea. Hopefully it will be taken into consideration.

Meranti bulker set for auction as entire fleet is out of employment

“It is almost inevitable that both the master and chief officer would have been feeling very tired when Cemfjord arrived at the approaches to the Pentland Firth.”

UK’s Marine Accident Investigation Branch issues enlightening report on Cemfjord casualty.

Was Cemfjord’s master suffering from fatigue?