“Playing poker blind with half the cards,” was how moderator Thomas Söderberg, the founder of Tribini Capital, introduced the choices facing owners with the global sulphur cap less than 15 months’ away. In a one-off special 2020 Vision panel at yesterday’s Maritime CEO Forum in Hong Kong, owners,...
https://splash247.com/maritime-ceo-forum-sulpur-cap-like-playing-poker-blind-with-half-the-cards/
Shipping has not faced such upheaval since the start of containerisation, argues Peter Stokes, the chairman of the Global Maritime Forum in an exclusive interview with Maritime CEO today. Stokes, who also heads up shipping at investment bank Lazard, is in Hong Kong for the two-day forum, the redux...
https://splash247.com/global-maritime-forum-defining-moment-for-shipping/
Ahead of sanctions due next month, Iran’s top line IRISL has set up a Chinese joint venture line. Newcomer Reach Shipping Lines will operate the four new 14,508 teu ships, delivered in August to IRISL, on a new Far East – Colombo service that calls at Qingdao, Xingang, Dalian, Busan, Lianyungang,...
https://splash247.com/irisl-reaches-out-to-china-ahead-of-sanctions/
Carrie Lam, Hong Kong’s chief executive, gave the opening address at the Global Maritime Forum this morning at the territory’s main cruise terminal in which she vowed to bolster the city’s maritime set-up. Lam, the leader of the Special Administrative Region since July last year, told the 200...
https://splash247.com/hong-kongs-leader-vows-to-bolster-maritime/
Senior stakeholders believe that the global maritime industry is not prepared to deal with major issues that are likely to impact it over the next ten years. This is according to the Global Maritime Issues Monitor 2018, published today by the Global Maritime Forum, global insurance broker and risk...
Hong Kong-listed Huarong Energy, formerly Rongsheng Heavy Industries, will soon dispose of its entire shipbuilding assets nearly four years after the yard closed operations. The company has announced that it has reached agreement with a buyer on the principal terms for the disposal of its core...
https://splash247.com/huarong-energy-finds-buyer-for-rongsheng-shipbuilding-assets/
Glory Maritime International, a new shipping company set up by Hong Kong shipowner John Koo, has officially signed shipbuilding contracts with China’s Wuhu Shipyard for the construction of up to ten 63,500 dwt ultramax bulk carriers. The contract includes firm orders for four ships and options for...
https://splash247.com/john-koo-re-enters-shipping-with-ultramax-order-at-wuhu-shipyard/
Chinese state-run bulk entity Shandong Shipping has ordered five firm 180,000 dwt capesizes at Shanghai Waigaoqiao Shipuilding, according to Clarkson Research. The contract comes with options for five more capes and marks a very significant expansion for Shandong Shipping. The ships are due for...
https://splash247.com/shandong-shipping-orders-up-to-10-capes/
I am somewhat bemused by news headlines here in Australia and abroad that China’s response to the US shows a weakness, particularly pointing to the tariffs on LNG as an own goal of sorts. Furthermore, with some suggesting that business will relocate their businesses out of China as trade relations...
https://splash247.com/chinas-clever-tariff-tiff-with-the-us/
Tuesday afternoon sees the Maritime CEO Forum return to the Foreign Correspondents’ Club (FCC) in the heart of Central, Hong Kong with one of the best lineups of speakers assembled in the three-year history of our forums. Kicking off proceedings in the packed Main Dining Room of the FCC, Dr Adam...
https://splash247.com/maritime-ceo-forum-returns-to-hong-kong-with-all-star-lineup/