smw 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.

Read More

Sea Asia 2017 wraps up with a focus on opportunities

Maritime industry leaders at the last day of Sea Asia 2017 today, said that there is still a lot of optimism and opportunity in the industry despite the current market environment, if companies are willing to scale to the right size, focus on innovative solutions and be proactive in developing competitive advantages.

Read More

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.

Read More

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.

Read More

Sign up to get the latest Maritime News headlines emailed directly to your inbox