With many of Germany's leading owners at the mercy of their lenders, some have succeeded in agreeing refinancing arrangements, but others have had to face the music


 CSCL Jupiter, Port of Antwerp, marine insurance, The Strike Club

Strike Club says that the growing size of vessels is impacting the number of ports that they can access, increasing the chance of more groundings.


Shanghai port

Major ports around the world have reported strong throughput growth in the first six months of the year and this is expected to continue into the second half.


China Merchant Port Holding is building on its investments in Djibouti which began in 2012.

 


Privately owned Danish dry bulk and small LPG carrier owner has reduced its losses both in the latest quarter and the first six months of the year, but its chief executive says profitability in dry cargo is still some time away.


Hanjin Heavy Industries & Construction yard.

South Korean shipbuilder Hanjin Heavy Industries & Construction’s engineering subsidiary will be taken over by its employees after they have been chosen as the preferred bidder.


The 2015-built 800 dwt Megalodon.

World Fuel Services has purchased four bunker tankers from Singapore-based physical supplier Panoil Petroleum.


Viking Line, Profit, Loss, Results, Finland, Xiamen Shipbuilding, LNG

Finnish ferry company continuing its struggle to attain - nevermind maintain - profitability. 


Torm tankers

Net loss in 2Q17 amounted to USD1.6 million compared with a profit of USD15.0 million in the same period last year, when freight rates were much firmer.


Golden ocean

Listed Fredriksen bulk company has posted a small profit for the latest quarter and a much reduced loss for the first six months of the year as the market continues to recover from record lows.


Yuan Getty

Chinese shipbuilder has signed RMB21.87 billion (USD3.28 billion) debt-to-equity swap framework agreement with eight investors in a bid to deleverage. 


Large Handysize

Bulk carrier market will grow at a far slower pace in the next 10 years with the bigger vessel classes likely to benefit most, according to IHS Markit Maritime and Trade quarterly overview


DP World subsidiary has announced growth in non-oil foreign trade by 17% from 23.9 million to 27.9 million tonnes in 2016, worth a total of USD80.2 billion.