“Big operators are focused on container terminals. They are only seeing black or white — we are seeing the rainbow.”
Yidirim Group’s boss Robert Yuksel Yildirim has colourful plans for his company.
Yildirim builds up acquisition war chest
“All the owners with older ships are both officially and unofficially trying to sell them.”
There is a lot of activity in the S&P market as a leading broker explains to TradeWinds.
Storage deal talk a tonic for VLCC shipowners
“Things are looking really bad for the crew as far as getting paid at this time. The men just want to go home.”
ITF’s inspector Barbara Shipley gives an interesting insight into the situation on a NewLead-owned vessel.
NewLead vessel sits idle and crew remains unpaid
“In China, people have money but don’t know where to invest it, so I think shipping is a good way to spend money.”
Bill Guo, executive director, shipping at ICBC has a good idea for those who do not know what to do with their money.
Shipping — ‘a good way to spend money’
“There has hardly been any ordering of bulkers this year and it will take time before owners will have confidence to contract new ships unless they have contracts.”
Blystad’s dry cargo chief Herman Billung's new slogan is "No contracts without contracts."
Blystad adopts cautious stance on dry bulk return
“The most important thing is to count pennies.”
You need to be really good at maths nowadays, according to Star Bulk president Hamish Norton.
Shipping survival tops agenda at Marine Money Forum in Greece
“Most companies are trying to survive, weather the storm and kick the can down the road.”
Aristides Pittas describes the daily routine of a dry bulk carrier owner.
Shipping survival tops agenda at Marine Money Forum in Greece
“The best news is that we are here and not in a bankruptcy court.”
Martin Stopford highlights the positives of the current dire situation in shipping.
Analyst says ‘proper recession’ will sort ‘sheep from the goats’
“We have done it before, now we are doing it again. 2016 and 2017 will be years of considerable change, representing a challenge for many, but at the same time we will most likely see significant opportunities arising.”
Thomas Wilhelmsen sees the opportunities and is well equipped with long experience.
