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Daily Briefing 4 July, 2017

 

LA terminal deal bolsters CMA CGM finances

Infrastructure fund to take 90% stake in Global Gateway South acquired by French line when it bought NOL

Europe France North America

Ballast water convention extension looms large

IMO likely to sign off on two-year delay for existing vessels
Regulation International Europe

Seaspan and Gerry Wang in impasse over pay

Major shareholder Washington Co still in negotiations on compensation package for Seaspan chief executive
Containers People Seaspan

Japanese trio fail to establish liner shipping joint venture on July 1

But the delay is not significant and an announcement will follow in a few days, says K Line spokesman

Containers Asia Pacific Ports and Logistics

Shell's Prelude lends scale to new era of FLNG

Ships are poised to carry cargoes from world's biggest floating liquefaction unit
Tankers and Gas LNG Crewing

Glickman takes over top role at Zim

New chief executive starts work as Rafi Danieli steps down

Middle East and Africa Israel Containers

OOIL denies takeover talks again

No sale unless high cash premium offered, but analysts say it could be too expensive for Cosco Shipping to acquire OOIL just for fleet expansion.

Asia Pacific China OOCL

Hapag-Lloyd launches notes offering

Proceeds to be used for the early redemption of existing bonds

Europe Germany Hapag Lloyd

Minos Kyriakou dies, aged 75

Shipping and media mogul’s diverse interests included Athenian fleet of six modern VLCCs

Europe Greece Tankers and Gas

SHI unveils $237.5m contract price for AET newbuilding order

Shuttle tanker pair scheduled for delivery by January 10, 2020
Asia Pacific South Korea Malaysia

 

Daily Briefing 4 July 2017

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