Week in Review, May 20
Optimism and realism in this day and age for a younger generation to carry forward
Abdul Hadhi, Asia Editor in Chief
After a full week of events at Singapore Maritime Week comes to an end, spirits are higher than at the same event last year
AS Singapore Maritime Week 2017 drew to a close, there was a spring in the step of shipping executives walking around Marina Bay Sands that was not
apparent last year.
But as Transport Minister Khaw Boon Wan said in his opening address, shipping people are optimistic but they are realistic too. Worries of vessel oversupply
and poor economic growth were absent at the start of the week, but crept in as events continued and the realists spoke up.
Opinions
Dangerous liaisons
James Baker
There is every reason to believe that a very substantial number of the 36m boxes transported on the high seas contain undeclared dangerous goods
Yang Ming to stumble but not fall
Linton Nightingale
Taiwanese carrier will likely survive its financial crunch through refinancing and better earnings
Union slams APM Terminals' Gothenburg cuts
Janet Porter
There is every reason to believe that a very substantial number of the 36m boxes transported on the high seas contain undeclared dangerous goods
Union slams APM Terminals' Gothenburg cuts
Janet Porter
There is every reason to believe that a very substantial number of the 36m boxes transported on the high seas contain undeclared dangerous goods
Trending Headlines
Korean policy banks to double size of national shipping fund
Increased capital of $2.4bn to help improve competitiveness of nation's shipping sector
Marco Polo Marine gives SGX clarification on auditor's report
Group says shares should not be suspended from trading
EU pushed to ban heavy fuel oil in the Arctic
Parliament to vote on new resolution that calls for institutions to work on heavy fuel oil ban in the region
Mermaid Maritime’s Indonesian unit extends charter for multipurpose vessel
Group had chartered-in support vessel Resolution since December 2013
Swiber's outstanding claims continue to climb
Group seeking legal advice on the claims
Navigator issues $100m bond
New debt compensates current bondholders for early redemption
Clouds gather over Ezra
Joint venture with Chiyoda and NYK leaves Ezra with $900m debt as missed payment could bring winding-up application
D'Amico tumbles into the red amid tepid tankers
But market has strong underlying fundamentals, argues ebullient boss Fiori
Daily Briefings
CMA CGM confirms talks to sell stake in APL's LA terminal
Rodolphe Saadé is considering a number of options for the facilities acquired through the takeover of APL
Cosco yard wins three 1,750 teu newbuilds
Ships are said to be an option exercised by Lomar Shipping
Crowley secures three gantry cranes for Puerto Rico
Liebherr-built cranes to be delivered to the Isla Grande Terminal in San Juan later this month
DHT secures financing for VLCC pair
Both vessels being built by Hyundai Heavy Industries
JES International acquires new business
Company still in the process of selling off its loss-making shipbuilding assets
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