"It’s a real nightmare. It’s shocking how weak the market has become."
Jens Ismar of Western Bulk explains why his company decided to sell its chartering division to Christen Sveaas.
Sveaas steps in to buy back WB Chartering
"We have to work further on [the newbuilding] because if the market continues like this, it will be suicide to take another ship out."
Age Remoy has probably chosen a good time to retire from Rem Offshore before being forced to take any extreme decisions.
‘It would be suicide to take another ship in this market’
"There is shareholder dispute and, yes, I got fired for some idiotic reasons but I don’t have any more information for you now."
Steingrimur Erlingsson is obviously not very happy after getting fired from Fafnir Offshore, which he founded.
Iceland’s Fafnir Offshore ejects its chief executive
"Although Mangouras will not have to serve time, it makes no difference to the fact that a Spanish court has criminalised an innocent man."
Intertanko backs those supporting Captain Mangouras after he received a sentence from a Spanish court.
Mangouras avoids two-year sentence over Prestige loss
"We have a high confidence that this will be achieved but there is always a possibility that something will slip."
Panama Canal administrator Jorge Quijano plays it safe and does not give a definite launch date for the much-anticipated expanded waterway.
Panama Canal expansion moves into home straight
“You talk about dry bulk and holy crap, that’s like trying to convince someone to inhale asbestos at this point. But there is John Fredriksen buying and Angelicoussis buying — the same three or four guys who wait for guys like us to die and they steal our toys every time.”
A private equity insider opens his heart on the dry bulk tragedy.
How does the smart money now view their shipping investments?
"You may call me naive but I think if Dubai wants to sell themselves as an international hub, they have to play ball. I think it would be very difficult for local Dubai courts not to recognise the validity of the DIFC judgment."
Head of Bocimar's legal department Maxime Van Eecke has every reason to feel confident that the company's court win in Dubai will not be overturned.
Bocimar looks into seizing ETA assets after $118m win
"[Some] $10,000 changes hands and it’s no problem — no smell."
An anonymous executive reveals how undesirable smells from chemical tanks can be magically removed in Argentina.
Argentine government surveyors accused of ‘extortion’ payments
"It is a great way to find a home for the new molecules that are coming out."
GasLog's Paul Wogan is feeling comfortable thanks to a rapidly growing FSRU market.
GasLog poised to kick off LNG-FSRU FEED contract
"If [our industry] goes through the next vessel construction phase without some of these things being implemented, then we are going to come out of this at the other end in pretty much the same position we are in now."
Seacat Services managing director Ian Baylis warns that rules in the wind-farm vessel industry should be in place.
UK owner welcomes Danish bid to align wind-farm vessel rules
