“It’s like ‘Fifty Shades of Grey’ you’ve got to be blindfolded but enjoy the ride.”
Each to their own but seems John Banaszkiewicz Grey is turned on by dry cargo futures.
(Broker sees ‘shades of grey’ in the dry market )
“Even if there was a rise in tonnage tax of 50%, we can live with that. I’m not advocating that but we could cope with it.”
Venturi Fleet Management is based in Piraeus and chief executive Alan Carney plans to stay put.
“I think the Greek shipowner understands his business very well and he can see where the traditional third-party shipmanagement companies have failed.”
Carney sets out his pitch that Venturi is for owners who have tried the others and been dissatisfied with the experience.
(Venturi puts Piraeus in pole position)
“IRISL has no big challenges. On a whole, it is doing very well.”
An interesting and even surprising assertion by IRISL chairman and managing director, Dr Mohammad Saeidi, that the outfit is in good shape after more than five years of sanctions.
(IRISL eyes comeback under new leadership)
“It would not be prudent to put a blanket ban on beaching without considering the commendable improvements made at some of the yards which are putting in time, money and efforts that are recognised and approved by a world-class, reputable and proactive classification society.”
Keyur Dave of demolition cash buyer, Wirana, defends continued scrapping on the beach against the Norwegian Shipowners’ Association’s hard line interpretation that it is not allowed under the Hong Kong convention.
(Shipbreaking backlash at Norwegian beaching ban)
UK Chamber of Shipping president, Tom Boardley, is hopeful that the London maritime cluster can survive a move of shipowning, trading and chartering to the East.
(Standing still is not an option as decision-makers move East)
“I think that the great news of the fleet acquisition came in an unfortunate timing where everyone is dealing with China and the negative performance of the global markets.”
A share price fall after a six month waiver to avert a Nasdaq delisting by Seanergy is explained by chief executive, Stamatis Tsantanis.
(Seanergy bulker swoop fails to impress)
“I still feel young. I’ll be around to bug you for a bit longer.”
Seems Fotis Karamitsos is youthful enough at 65 to go on causing waves as he again hangs on to his job as the European Commission’s maritime director.
(Fotis clings on for another year)
“We have looked for a common denominator but at this time we cannot see any pattern. We are not seeing a higher frequency of claims, so volatility appears to be the most likely explanation.”
The Swedish Club has been hit by five total losses in the first half of 2015 but managing director Lars Rhodin suggests it is just a run of bad luck.
(Swedish Club boss pins $6.3m loss on ‘volatility’)
Pacific Basin’s Jacob Bliksted Sorensen proves a point with a 2,000 km kitesurf along the east coast of Africa. But is it that a guy on a surfboard is not what the pirates are looking for?