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Uni-Tankers: The market is neither fish nor fowl without consolidation
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.
Major stakeholder in Dorian speaks up
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.
Seaintel eyes concerning signs for Asia-Europe
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.
Djibouti offers compensation to DP World over terminal dispute
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.
When Rio Tinto met China’s iron hand
In 2010, four employees of the mining giant were jailed and accused of stealing commercial secrets. Today, the company is more reliant on China than ever.
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