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Daily Briefing 1 September, 2017

New Zim boss keeps focus on profitability

Chief executive Eli Glickman says small niche carriers can be more flexible than lines stuck in alliances

Middle East and Africa Israel Containers

Cosco Shipping to introduce new investors for OOIL acquisition

Recruiting investors from shipping and related industries will help maintain OOIL’s Hong Kong listing

Asia Pacific China Containers

Monsoon floods hit port operations in Mumbai

Operations are expected to be suspended until further notice

Asia Pacific India Ports and Logistics

Strong currents hamper Corpus Christi drillship salvage operations

Port has opened internal waterway to small vessels but remains closed to commercial traffic

North America United States Ports and Logistics

SEC issues subpoena to DryShips

Inquiry covers stock purchase agreements with Kalani that raised nearly $700m for George Economou-led firm

Dry Bulk Tankers and Gas Law

MPC Container Ships adds six to fleet

Vessels purchased from various owners for $57m in total

Europe Norway Containers

MPC Capital first-half numbers fall

Parent of rapidly-expanding MPC Containerships registers reduced earnings before tax

Europe Germany Finance

DVB loses $600m in first half, with shipping to blame

Provisions raised five times over, says Bedranowsky

Europe Germany Finance

Capesize earnings dip but optimism prevails

Despite the slight week-on-week fall, market sentiment is still strong on loadings from Brazil

International Dry Bulk Capes

Hyundai Mipo Dockyard closes dock at Ulsan amid dearth of projects

Dock to be temporarily closed for three months following a dock closure at Hyundai Heavy Industries’ Gunsan facility

Asia Pacific South Korea HHI


Daily Briefing 1 September 2017






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