Sea Asia 2017


New boxship alliances expected to benefit Panama Canal but risks remain

The formation of new container shipping alliances and their new mix of vessel sharing agreements could have either positive or negative impact on the number of vessel transits through the Panama Canal, though signs are pointing more toward the positive, according to Jorge Quijano, ceo of Panama Canal Authority.

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Glimmer of hope seen for offshore: Rystad Energy

The sluggish offshore marine market may be seeing a fickle of light at the end of the current long, dark tunnel with activities picking up in some key offshore projects globally, though the recovery will be slight and fragile, according to consultant Rystad Energy.

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Owners seek secondhand refinancing but lenders show little interest

With less new ships being ordered amid the severe oversupplied shipping market and vessel assets changing hands in light of restructurings, owners are starting to seek refinancing for secondhand tonnages, but bankers have expressed little or no interests in entering into deals for such passed down assets.

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