“The fallout of Hanjin Shipping is like Lehman Brothers to the financial markets. It’s a huge, huge nuclear bomb.”
Seaspan’s boss Gerry Wang is not afraid of being dramatic over Hanjin’s collapse.
Wang: Hanjin a 'huge, huge nuclear bomb'
“Even if there are some losses there, I don’t see a big chaotic situation like we had with OW.”
Charlie Davies, World Fuel vice-president for commercial services, is not panicked due to the Hanjin crisis.
Battle over claims on chartered vessels continues after Hanjin bankruptcy
“I would guess there would be more claims, just because Panama would be an ideal place to arrest vessels.”
Maritime lawyer Francisco Linares is clearly proposing a place for vessel arrests. Is any charterer interested?
Panama braces for potential litigation fallout
“In Korea, the public prefers the Hyundai group over the Hanjin group, as the former was actively involved in the country’s economic development in the 1970s.”
An observer from South Korea reminds us that Hanjin may not have been very popular in the country.
Criticism of Seoul and KDB intensifies
“I can’t begin to describe how it feels to look out the window and see a huge stack of containers, surrounded by miles of ocean in every direction, and realise they don’t actually have a destination.”
Rebecca Moss gives the artistic angle of Hanjin Shipping’s demise.
Artist’s work takes ironic twist aboard stranded ship
“We are offended by the illogical, indefensible notion that inappropriate, even unlawful sexual behaviour is rampant in the commercial US merchant fleet.”
US maritime unions lash out at government officials over their handling of sexual assault allegations.
US union rage over Kings Point sex assault crisis
“There is an opening but not for everybody.”
And Ocean Yield’s Lars Solbakken must be really happy that he managed to make use of it.
Ocean Yield’s Solbakken calls $91m bond issue ‘a success’
“What we are lacking is energy trading. It is like a blank page for us.”
CMG executive vice-president Su Xingang is obviously trying to fill the gaps of the past.
New China Merchants venture kicks off with bunker fuel trade
“We have no intention of becoming unlikeable or act aggressively. We want to co-operate with other brokers and clients.”
Oino Shipbrokers’ managing director Vassilis Kakoulidis takes it easy as it is still early days for his S&P department.
