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Daily Briefing 10 August, 2017


Qatar crisis yet to shake LNG carrier demand

LNG shipping outlook in graphs: Booming LNG trades support tanker demand despite rapid fleet growth
Middle East and Africa Asia Pacific North America

Owners turning to Japanese leasing structure for funding

Previously obscure ‘JOLCOs’ can offer 100% finance at interest rates below bank lending for 70% mortgage deals
Asia Pacific Japan Europe

AP Moller Capital sets $1bn target for new Africa infrastructure fund

Maersk Group owner will look for African infrastructure projects that will help raise living standards
Middle East and Africa Europe Denmark

Star Bulk almost leaves dry bulk woes behind

Petros Pappas-led company narrows second-quarter loss as it primes for a return to profitability
Europe Greece Dry Bulk

DHT profit dives 86% amid crude tanker slump

Company has 19 of its 26 on-water VLCCs exposed to spot market
North America United States Tankers and Gas

MISC sees profit halved as revenues from tankers decline

While revenues from LNG and offshore rose, those from the petroleum and heavy engineering segments fell
Tankers and Gas Asia Pacific Malaysia

Panama approves new canal tolls to attract large boxships

Costs for gas carriers set to increase as proposal made in June is approved with minor changes
South America North America Panama

New ship registries fighting a vicious circle

Port state control blacklists shut out competition and fail to provide any support for new and developing registries
Asia Pacific Palau Classification

Tidewater suffers $524m loss

Company offloaded $1.6bn in debt through costly restructuring process
North America Marine Offshore

Compliance with emissions regulation lies in the cloud

Getting to grips with IMO’s global cap on sulphur might be best achieved through intelligent fuel management software
International Bunkers Environment

 

Daily Briefing 10 August 2017

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