Live From Singapore Maritime Week 2016

Live From Singapore Maritime Week 2016

The Seatrade Maritime News reporting team bring you all the key stories in the run-up to, and live on the ground during, Singapore Maritime Week 2016. The iconic week of 31 events is held across the Lion City from 17 – 22 April including the Singapore Maritime Lecture and the Sea Asia Offshore Marine Forum.

Latest Live From Singapore Maritime Week 2016

The dry bulk shipping market needs to restructure before making a real recovery in 2018.
The global container shipping trade has entered a ‘new normal’ marked by slowing demand growth and lower freight rate environment, as well as lingering excess capacity and ongoing consolidation.
Sea Asia 2017 is set to address the top concerns of Asia industry leaders with a focus on smart shipping, technological developments and skilled manpower.
The severe overhang of offshore oil rigs and related equipment is anticipated to continue weighing heavily on the offshore market even if oil prices rebound, and rigbuilding yards are expected…
As the shipping industry moves towards the era of the “smart ship” Singapore Shipping Association (SSA) president Esben Poulsson says a game changing rather incremental approach is required.
Singapore’s largest owner by fleet value is Pacific International Lines (PIL) according to VesselsValue.com.
The United Kingdom Hydrographic Office (UKHO) and the Maritime and Port Authority of Singapore (MPA) have launched a new bursary training scheme in Marine Cartography and Data Assessment.
Container line boss SS Teo says that LNG fuelled ships are on the backburner given the current hard time shipowners are facing.
As oil companies costs come down Kristian Siem believes renewed investment decisions could start from next year, however, offshore vessel and rig owners will continue to face serious oversupply.
Singapore Maritime Week (SMW) 2016 officially kicked-off on Sunday afternoon, with over 30 events set to take place in the Lion City over the coming days.
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