Offshore ship values at rock bottom

Bourbon announced a major divestment of offshore vessels but the carrier will likely have a hard time getting large sums for the ships.

Prices on offshore vessels at rock bottom 

Bourbon books huge loss on sale of 41 vessels

Governance should be a bigger focus for carriers

This is the stance of many investors. Maersk released its sustainability report later in the week, where the carrier emphasizes that it has improved conditions at the hotly discussed scrapping yards in Alang.

New report: Maersk believes several problems in Alang are now solved 

Investors urge shipping to improve its governance

McKinsey criticizes container carriers

Container carriers have disappointed shareholders. Hapag-Lloyd's CEO admits that the industry could have done better.

McKinsey: Shareholders lose big money on container carriers 

Habben Jansen: Container carriers could have done better 

Several carriers and others released reports this week as well

Odfjell views 2018 as turning point for chemical tanker

Hanjin Shipping's bankruptcy behind HMM's spectacular growth 

Hyundai Heavy Industries books major setback in 2017 

Wilhelmsen's 2017 marked by divestments and acquisitions

Avance Gas: Limited fleet growth strengthens LPG market 

Eurogate and Hamburg suffer small setback in difficult container market 

And make sure to read

Several European scrapping cases could break out 

Swarm of new container ships makes order book soar 

Is Maersk establishing a digital venture? 

Debt-plagued Seadrill close to final restructuring plan