Dry bulk crisis threatens shipowners

Companies suspend payments to creditors and make write-offs

Europe’s security Achilles heel — the sea

Data show ships making unexplained stops in terrorist havens

Tanker Glut Signals 25% Slump In Freight Rates This Year...Oil tankers are anchored near the Port of Long Beach, California, U.S., on Thursday, Dec. 31, 2009. A surplus of idled oil tankers, which would stretch 26 miles if lined up end to end, may signal a 25 percent slump in freight rates this year. The ships will unload 26 percent of the crude and oil products they are storing in six months, adding to vessel supply and pushing rates for supertankers down to an average of $30,000 a day, compared with $40,212 now. Photographer: Tim Rue/Bloomberg

Bulk carriers: wave goodbye

Investors seeking the bottom on bulker shares should bring scuba gear

Greece picks China’s Cosco in port deal

State group preferred bidder in €1.5bn Piraeus privatisation

Evergreen Marine President and Chairman Chang Yung-fa sitting at his desk in the company headquarter in Taipei on March 10, 2008.

‘Chairman Chang’ leaves legacy in shipping

Leading figure in history of container ships dies in Taipei

Debt fears engulf Hyundai Merchant Marine

Stock slumps on fears Korean shipping group may face receivership


Rotterdam taps research to improve logistics

Port initiative connects companies with academics to address challenges

Shipping’s globalisation woes

For signs of how tectonic plates of the global economy are shifting, look at the Baltic Dry Index

Two dry bulk carriers laid up on the River Fal, in Cornwall
©Robert Wright

Shipowners batten down the hatches

Dry bulk groups haemorrhage cash as they fight to stay afloat

©Robert Wright

Shipowners rocked by sinking charter rate

Forced sales hit dry bulk sector as possible bankruptcies loom

Shipping doldrums offer opportunities

Private equity and distressed debt groups are eyeing the sector

Choppy waters for Suez

Egypt’s expansion of the Suez Canal is an ambitious move but revenue is vulnerable to a slump in world trade

China’s biggest shipping groups to merge

Shares fall as investors react to Beijing’s latest push to reform state-owned enterprises

Chinese shipping: going down

Why the share prices of the restructuring companies have fallen

France’s CMA CGM to pay $2.4bn for NOL

Purchase of Singaporean group is biggest deal in years for beleaguered shipping container industry

MSC Cruises doubles up on Cuba

Second ship to dock in Havana next year

Container lines seek solace in scale

Merger talks between CMA CGM and NOL highlight consolidation

South Korea takes aim at zombie companies

Urgent need for action highlighted by massive losses in shipbuilding sector

NOL: necessary and insufficient

In container shipping, consolidation is not enough

CMA CGM in exclusive talks with NOL

French shipping group eyes Singapore rival as Maersk pulls out


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