Banks behind the monopolization

Thor Stadil, chairman and owner of multipurpose and heavy lift carrier Thorco, describes the current trend in the international market for project cargo "monopolization driven by German banks".

Thorco chairman: German banks are monopolizing the market 

Bulk giant to Copenhagen

Yet another large, international shipping group establishes a dry bulk office in Copenhagen.

Oldendorff Carriers opens Copenhagen office 

Battle between container giants

The battle over important container routes does not look set to be less intense during 2017, where Maersk Line in particular will get many new, large vessels.

Countdown to the alliances' battle for Asia-Europe 

Hamburg Süd sale is "very sad" for German shipping 

Drewry: Maersk Line beats the field on new vessels in 2017 

Alphaliner: Mega-vessels will overwhelm container market in 2017 

Eimskip: We are closing deal for two container vessels

Tanker carriers less optimistic

Optimism is shrinking for tanker carriers on the other hand. Too many vessels are squeezing the market.

Tanker CEOs look with pessimism at 2017 

Euronav's profits deteriorated significantly in 2016 

265 new ships represent the real challenge facing the tanker industry 

Banks want to get rid of their loans

Meanwhile, there has been changes in banks' approaches to shipping loans. More European banks are divesting of loans, while Asian banks are on the way in.

Royal Bank of Scotland close to huge sale of Greek shipping loans 

Citigroup kicks off sale of HSH Nordbank 

Japanese financial firm to increase shipping loans in Europe

The scope of lending to shipping sets new low in 2016

Keppel closes yards

The low oil price strikes out at Singapore, where Keppel has now closed three yards.

Fewer companies hunting for Norwegian oil 

Keppel shuts down three yards in Singapore

Statoil hires offshore ships in one big swoop

South Korea buys up vessels

Meanwhile, to mitigate the crisis, South Korea's government has begun to buy up vessels.

Daewoo to implement expensive cost reduction measures

Daewoo CEO questioned over attempts to cover up losses

Korean government to buy and lease back HMM vessels

Samsung Heavy Industries reduces its deficit