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Daily Briefing 4 August, 2017

Latsis teams up with investors to launch dry bulk vehicle

Ivy Shipping opens account with quartet of six-year-old supramaxes but is also eyeing the panamax segment
Dry Bulk Finance Europe

Exchanges go to war over FFA clearing

London Clearing House’s surprise exit prompts fighting for market share
Dry Bulk The Intelligence LISW

English law charterparties override domestic law, ECJ upholds

Mediterranea di Navigazione case has implications for all cross-border insolvencies, law firm says

Europe London Italy

Equity financing gives greater flexibility amid uncertainty, says Pacific Basin

Company funds acquisitions through private placement proceeds in the absence of clarity on supply and demand fundamentals

Asia Pacific Hong Kong Dry Bulk

Moody's downgrades Noble Group on warning of massive loss

Noble's liquidity headroom is insufficient to cover its debt due this year and next, says ratings agency

Asia Pacific Hong Kong Singapore

Panamax bulker earnings may recover after falling below $9,000 per day

Signs of improving earnings as fresh cargoes emerge from South America, Australia and Indonesia
Panamax Dry Bulk International

FSL Trust slides into red on fleet impairment charges

Trust incurs $24.1m loss on eight vessels

Asia Pacific Tankers and Gas Containers

Teekay’s second-quarter results weaken on lower offshore and tanker earnings

Energy transport giant records adjusted net loss of $38.1m versus year-ago profit of $701,000 

Canada Tankers and Gas Teekay firms

Maritime UK calls for public spending on National Maritime Research Centre

Trade promotion body makes bid for government funding as part of post-Brexit industrial strategy

United Kingdom LISW Technology and Innovation

Teekay LNG hit by higher expenses and weak LPG rates

New York-listed MLP extends two charters with Awilco LNG
Canada Tankers and Gas LPG

Scope 3 emissions benchmarking is changing sustainability in shipping

RightShip's rating system has won recognition in the industry. Now what is emerging is that the most sustainable companies are also generally the safest and most productive
International Environment Regulation


Daily Briefing 4 August 2017





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