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Daily Briefing 24 July, 2017


Ports America dismisses Yildirim takeover talk

Highstar Capital is not in exclusive sales process, says Ports America's chief executive Michael Hassing after speculation surfaced about negotiations with the Turkish businessman
North America United States Turkey

Shrinking backlog and tight financing challenge Chinese shipyards says Cansi

Orderbook backlog in the first half dropped 30.5% versus the year-ago period as finance tightens and deliveries roll out of yards

Shipbuilding China Asia Pacific

Myanmar’s Chinese oil terminal sparks unusual tanker trades

Tankers have been arriving from the Middle East, West Africa, Singapore floating storage and even Europe

Asia Pacific Myanmar China

Great again: US coal exports support dry bulk shipping

Panamax and capesize set to benefit from a forecast 19% rise in exports this year

Dry Bulk Political and Trade Ship operations

ING's Hussey retires

Experienced banker left ING on Thursday, may pick up part-time work in maritime finance
Finance People ING

Stena bets on UK-Dutch ro-ro trade

Swedish line boosts weekly call capacity from Rotterdam to Harwich

Europe Netherlands United Kingdom

Rickmers Maritime delisting approved by Singapore Exchange

 
Failed container shipping trust says no cash proceeds will be left for unitholders

 

Asia Pacific Singapore Europe

Russia slams Greenpeace fine

Protesters endangered oil platform safety, country argues

Arctic shipping Casualty Energy

The New Flamenco: Defining mitigation of loss

The Supreme Court has ruled that in calculating damages for the repudiation of a charterparty, shipowners were not obliged to give credit to charterers for sale proceeds made by a sale in opportune market conditions. Reversing the decision of the Court of Appeal, the highest court held that damages owed by charterers for the repudiation of the charterparty should be calculated without taking into account that benefit

Law Europe United Kingdom

Practice makes perfect

The expanded Panama Canal can now look back on its first year in operation. Have nay-sayers' prophesies of doom come to pass?
North America Panama Ship operations

 

Daily Briefing 24 July 2017

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