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US soy bean export to China down significantly in 2018

The trade war between the US and China means that the US is selling significantly fewer soy beans to the Chinese than in the past. Brazil has increased its export, but the biggest surprise is to be found in a different market, says Bimco.

J. Lauritzen's chairman steps down

Jesper Lok has resigned after serving two years as chairman of J. Lauritzen, which also gets a new vice chairman, the shipping company confirms to ShippingWatch. The successors are prominent maritime figures.

Intercargo: Why must shipowners pay the bill?

In a speech, the departing chairman of dry bulk association Intercargo, John Platsidakis, criticizes authorities for putting the burden of environmental regulations on shipowners rather than shippers or refineries. "It is about time to stand up and explain to the unaware public that shipowners are not the ones to blame," he says.

Heavy lift takes the first steps out of a decade-long downturn

One decisive factor contributes to a small recovery in the hard-pressed heavy lift segment. But the rates need to increase by 20-40 percent before the market can be described as healthy, says the CEO of the world's second-largest project cargo carrier, Svend Andersen, in an interview with ShippingWatch.

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