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Daily Briefing 16 August, 2017


Post-Brexit customs revolution must meet maritime needs or risk chaos, industry warns

‘Very dangerous consequences’ if free trade impeded, David Davis told

United Kingdom Europe EU

Jeremy Nixon warns of risks to container shipping's fragile recovery

New chief executive  of Ocean Network Express says industry still vulnerable to boom and bust cycles despite unprecedented consolidation
Asia Pacific Singapore Japan

Driller thriller: Transocean swallows Songa Offshore for $3.4bn

Combined company will have a contracted backlog of $14.3bn, by far the largest in the world
Offshore Consolidation Finance

Cheap VLCCs cannibalise smaller crude tanker trades

With suezmax rates near bottom, VLCC competition just makes things worse

International Middle East and Africa Asia Pacific

Container trades on course for record growth

Trade and throughput figures bounce back after two grim years

Europe Asia Pacific Containers

China bans shipment of coal and iron ore from North Korea following UN sanctions

Ban to come into force from September 5 this year

China North Korea Dry Bulk

Bulk carrier feels the heat in Gran Canaria

Salvors called to cool cargo hold after vessel refused entry to port

Europe Spain Dry Bulk

Strong US port volumes bode well for box lines

July the best month on record for top US container ports

North America United States Containers

Supras fall further as vessels vie for employment

Brokers expect the market to stabilise soon

Asia Pacific North America Dry Bulk

DSME returns to profitability in the first half

Extensive restructuring and more high-value newbuilding vessel orders help boost operating profit

Asia Pacific South Korea

 

Daily Briefing 16 August 2017

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