Uni-Tankers would like to participate in the consolidation that the chemical tanker market awaits, and which Team Tankers has called for. But the carrier will only join on two conditions, says CEO Torben Andersen to ShippingWatch.
One of the founders of gas carrier Dorian LPG now talks openly about a merger with BW LPG, which has placed an offer on Dorian several times. Markets help those who help themselves, says Executive Chairman of major stakeholder Seacor.
Nearing peak season for container shipping, there are particularly concerning signs about the important shipping route, writes Seaintel, which also points out several possibilities for mitigating the situation.
The East African country Djibouti is again offering a compensation to DP World to settle the terminal dispute, writes Financial Times. As recently as last week, DP World defended its right to operate a terminal in the country.