“We realise that our semi-refs are older and
that some charterers prefer ships younger than 20 years but we have very loyal
supporters.”
Kim Kristensen appears to have found at least some charterers who prefer golden oldies.
(Denmark's B Gas denies sale of veteran LPG-carrier)
"The most important thing is the ship's condition. A new Chinese ship may have rust after only five years, but these ships are from the mid-sixties and absolutely nothing is wrong with them.”
And Kurt Thomsen appears to be a seriously big fan of oldies even if they have getting on for half a century at sea behind them.
“I think in the coastal bulk-shipping market there is something wrong, something that should be corrected. Maybe the government can check whether individual shipping contracts are reasonable and do not go against fair competition.”
Maybe they do things differently in China. Shipowners association president, Zhang Shouguo, looks to the authorities for a little price fixing help.
(Chinese owners seek government help to turn the charter rates tide)
Very unfortunately the vessels had been delivered in a very bad market, no profits but substantial losses had been generated since the first delivery in 2010, and therefore no dividends whatsoever have been paid.”
Chemikalien Seetransport’s Peter Kramer reveals it is not just fat cats but childrens’ charities who are losing out in a tough freight market
(Charity project still missing Chemikalien donations)
“You
see, I’m an enthusiastic guy. That’s my character.”
Dionysios Delaportas reveals why Meadway Shipping & Trading remains expansion minded in a tough market.
(Family optimism guides Meadway's moves)
“The timing for a purchase is not so bad. That is not to say prices cannot fall further but I believe the upside potential is higher than the risk."
Why Christian Levin has decided it is time to move on from being a shipbroker to be a shipowner.
('Opportunistic' Levin set to make shipowning debut)
“There are green shoots, we have to let them grow into fully-grown trees. Rome was not built in a day.”
But D’Amico International Shipping’s Marco Fiori must realise that marble, sandstone and morter are more useful than lumber.
“Some staff decided to seek life elsewhere — most of whom we enjoy good business relations with in their new respective capacities.”
Friendly departures maybe, but they didn’t like Thomas Kaas Christiansen‘s new Lorentzen & Stemoco regime enough to stay
(Singapore S&P brokers pull out of Lorentzen)
“He was just looking over the edge of the life boat, and I pulled up alongside him and laid my hand on his. He said something like, ‘My life is over.’”
Queen of the North crewman, Robert Burn, recalls what accused navigating officer Karl Lilgert had to say on the night of the tragic sinking of the Canadian ferry Queen of the North.
“It
appeared that the bridge team was focused on following the GPS track
superimposed on the radar screen instead of monitoring the vessel’s position in
relation to surrounding hazards.”
So now we know how a modern DryShips panamax somehow managed to find a speck of land in the south Atlantic and end up wrecked on the rocks of Nightingale Island.
('Oliva' crash probe reveals startling navigation blunder)
“Accordingly, we advise the independent directors to recommend that shareholders reject the offer and that option holders reject the options proposal.”
Lets hope STX OSV directors have made their position on a Fincantieri offer crystal clear.
-
Share
-
-
Print
- Newsletter Signup
-
Your message has been sent
E-mail this to a friend.