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Left field soundbites from Marine Money Asia

Left field soundbites from Marine Money Asia
Reporting on conferences often throws up some unusual soundbites that do not really fit into a news story so we thought we would bring you a few of the more left field comments below.

While the shipping world gets very excited about VLGCs, BW LPG cfo Vijay Kamath decided self interest was the best course noting it was a boring sector, and “It’s still boring – stay away from it”. We believe his comments may have fallen on deaf ears.

The world of vessel sizes has become increasingly confusing with the likes of Newcastlemax and the ultramax. Precious Shipping managing director Khalid Hashim did little to help things by saying that it had always been the company’s aim to be the largest small handysize owner in the world, which he followed with the comment of “the small handysize sector in future will be the ultramax”.

Tiger Investments managing director, Julian Proctor, related the experience they had of building their first vessel in China, at a yard that unfortunately ran into financial difficulties and disputes with its workers. “We did eventually get the ship delivered but it took about 10,000 boxes of Malboro Lights [for the workers], which was a bit stressful.”

And finally asked what would make them really happy in the coming year Standard Chartered Bank’s global head of shipping finance Nigel Anton stated: “Scotland winning the Rugby World Cup next year, that would make me really happy.” Your editor a Scot, and a rugby fan, could not agree more!