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Daily Briefing 21 June, 2017


Cosco poised to take over OOCL on July 1

Cosco poised to announce takeover OOCL on July 1

The arrangement would make sense from a political standpoint
Asia Pacific China Hong Kong

Polaris puts Stellar Unicorn into cold layup

Fate of vessel yet to be determined — but may well end up in the scrapyard

Dry Bulk Safety Ship operations

No-show fines are a 'potential nightmare' for freight forwarders

New late-cancellation fees by lines may tackle a longstanding problem within container shipping

Asia Pacific Containers Ports and Logistics

Yard Talk | Japan’s digitalisation

From eco ships to smart ships, Japanese yards seek to lead the pack in innovation again

Shipbuilding Yard Talk Asia Pacific

Up to 60 new LNG carriers needed to meet US export demand

Demand reacting very quickly and keeping up with new supply as it comes on, says GasLog chief
Tankers and Gas North America United States

In US LNG we trust

Bountiful natural gas and increased liquefaction capacity in the US boost growth prospects for three marquee shipping companies, despite stark differences in business strategies

North America United States Gaslog

Qatar Petroleum starts bunkering facilities amid crisis

Desperate measure is designed to provide relief to ships barred from bunkering hubs like Fujairah

Middle East and Africa Asia Pacific Containers

LNG freight rates unruffled by Qatar crisis

Spot voyage charters stable at $38,000 per day even as Qatar signs LNG deal with Shell

Asia Pacific Middle East and Africa South America

Petredec orders up to four VLGCs from Jiangnan Shipyard

Deal is for two confirmed newbuildings and the option to build two more
Tankers and Gas Shipbuilding Asia Pacific

Is this the end of the independent operator?

Noatum’s decision to hand over power to Chinese carrier Cosco is another sign that small box port operators cannot run the risk of going solo

Containers Ports and Logistics Asia Pacific


Daily Briefing 21 June 2017

Consolidation in the container shipping is nothing new, but it looks like China is set to make a move with certain political implications. Over in the US Trump might be playing to the coal miners , but gas is firing up demand for maritime transport.






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