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Rating bureau: Progress for German banks in 2018

Last year generated momentum for the hard-pressed German shipping banks, which reduced their assets in the shipping industry. There is strong indication that the momentum will continue in 2018, notes rating bureau DBRS.

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Hapag-Lloyd: New BAF will break with old policies

A new bunker adjustment factor at Hapag-Lloyd will help ensure two things, explains Juan Carlos Duk, managing director of global commercial development, to ShippingWatch. The BAF will very much address longstanding criticism from customers.

No supertanker orders in the third quarter

Higher prices and concerns over the order book have meant that the number of new orders for the major VLCC vessels in the third quarter landed at zero, writes JP Morgan in a new report.

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