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Daily Briefing 7 July, 2017

World containership fleet breaks 20m teu barrier

Despite increased scrapping, global containership capacity continues to surge

Containers Asia Pacific Europe

LNG carriers to benefit from Trump push in Poland

President promotes US LNG as alternative to Russian gas
Tankers and Gas LNG Europe

US soyabean exporters weigh up boxes over barges

Outbound shipments of the commodity are rising, but the shift to containerisation is slow

North America United States Canada

Stolt-Nielsen profits tumble as chemtanker market shows no imminent improvement

Pressure on rates blamed on new ships joining global fleet
Tankers and Gas Products International

FSL Trust initiates legal action against former chief executive

Trust accuses Alan Hatton of alleged breach of duties
Asia Pacific Singapore Containers

Cosco Shipping Holdings forecasts $272m profit for first half

Meanwhile, China Merchants Energy Shipping’s net gain is expected to drop by up to 70%

Asia Pacific Containers Dry Bulk

Diana Containerships pays off $85m balance of RBS loan

Company settled loan with new credit facilities from Addiewell and Diana Shipping
Europe Greece North America

Total offshore project delayed by SHI yard accident in May

Completion of Martin Linge project in Norway postponed by a year, until first half of 2019
Asia Pacific South Korea Europe

Eagle Bulk secures $61m credit facility

Facility can be boosted to $100m if conditions are met
North America United States Dry Bulk

CIMC Enric to make second attempt to acquire Sinopacific Offshore

Agreed price of $118m is higher than in the previous attempt  

Asia Pacific Tankers and Gas Offshore


Daily Briefing 7 July 2017






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