Last week's top stories on ShippingWatch
The dry bulk players
One of the world's largest dry bulk operators, Pacific Basin, is in a strong position to benefit from an improving market, says CEO Matts Berglund, while J. Lauritzen is getting ready to kick-start Lauritzen Kosan after a series of breached contracts hit the carrier where it hurts:
Pacific Basin: Bulk on the edge of a turn-around
Lauritzen CEO: Time for Lauritzen Kosan to grow
PSA take-over of PB Towage is imminent
Green light for merger
A big majority of CSAV shareholders approved the merger with German Hapag-Lloyd at a General Assembly:
Majority of CSAV shareholders approve Hapag-Lloyd
Drewry: Rivals fear German-Chilean container merger
Hapag-Lloyd hit by weak market in 2013
A rival for the Suez Canal
Israel plans to launch the construction of railroad link to transport containers between the Red Sea and the Mediterranean:
Israel building alternative to the Suez Canal
Analysts: Israeli railroad will relieve Suez
Further reading:
Extreme weather makes EQT believe in huge StormGeo growth
Stolt-Nielsen: Equity funds could start new crisis
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