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Daily Briefing 25 July, 2017


HMM to close its LA container terminal after taking an interest in Long Beach site

Container line consolidation continues to shake up port operations as South Korean line decides to close its LA terminal leased from APMT
United States North America South Korea

Fuel hikes may pitch Greek ferries back into the red

Study says new environmental requirements also threaten nation’s much-diminished fleet 

Europe Greece Passenger

Ultra large containerships look set to dominate Asia-northern Europe trade

Vessels of 18,000 teu and greater will represent more than 60% of total capacity within 18 months, says SeaIntel
Asia Pacific Europe Containers

Somali piracy-terrorism link ‘historically weak’

Experts cite lack of historical evidence behind alleged terrorism connections
Middle East and Africa Somalia Yemen

Keppel/Sembcorp merger would make them more competitive, DBS analysts say

Downturn creates case for global shipyard consolidation
 
Asia Pacific Singapore Offshore

Leaking pipe on Polaris VLOC sends two seafarers to hospital

Filipino seafarers suffer burns as hot oil spurts from leaking pipe
Crewing People Safety

Tanjung Pelepas port launches $7.4m suit against Rising Star

MMC subsidiary claims over pollution caused by Trident Star oil spill

 

Asia Pacific Malaysia Singapore

AIG fined for sanctions violations

Insurance giant pays the price for deals in Iran, Cuba and Sudan despite guidance programme and exclusion clauses in some policies

North America Insurance Political Risk and Trade

Höegh LNG wins $230m FSRU financing

Company’s eighth unit will be delivered at the beginning of 2018
Europe Norway Energy

Liberty Prrudencia crew sent home

Long-running dispute over unpaid wages resolved and remaining crew repatriated
Crewing Law Asia Pacific

 

Daily Briefing 25 July 2017

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