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Daily Briefing 23 August, 2017

HSH fire sale sees owners pick up trading vessels for scrap prices

Bargain basement deals may delay recovery, rivals fear

Containers Europe Germany

Private equity dabbles in dry bulk again

A rosy outlook for a dry bulk recovery and the opportunity to buy distressed loan portfolios lures funds back

Dry Bulk Finance Asia Pacific

Les Chapman appointed as new UK Sosrep

Will assume role from Hugh Shaw later in the year

Europe United Kingdom Containers

Chinese shipping leasing reaches $12bn in 2016

Data collected from 10 major Chinese lessors shows China's big lenders 

Asia Pacific Finance Shipbuilding

Attica beats Grimaldi to control of Hellenic Seaways

Union of two largest Greek domestic ferry operators to be considered by competition authority

Europe Greece Italy

VLCC owners scrap and slow as earnings near three-year low

Measures to control ship supply might be moot point in the face of severe oversupply

Middle East and Africa China Tankers and Gas

Libya's El Sharara woes hit suezmax and aframax owners

Instability in oil producing nations hurts tanker earnings in an oversupplied market

Middle East and Africa Libya Nigeria

Panama fights for backhaul with reduced tolls

Discount competition heats up between Suez and Panama canals

Asia Pacific Middle East and Africa South America

Hutchison to operate Basra box berth

Hutchison Ports Basra unit established as Hong Kong operator follows ICTSI into Iraq 

Middle East and Africa Iraq Containers

US Navy divers begin rescue mission

Divers also carrying out damage assessments of warship's hull and flooded areas.

Asia Pacific Singapore Tankers and Gas


Daily Briefing 23 August 2017






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