Lloyd’sRegister sees the future of marine propulsion and it has an oily sheen.
(Lloyd’sRegister says conquering HFO dependency will take years)
“Thebuild-up of a sufficient infrastructure network for alternative fuels is anecessary condition to accelerate the demand for alternative-fuel vessels.”
DNVGL sees the potential for greener fuels as enormous. Just a pity that it maytake up to 50 years for change on a significant scale to take place.
(Governmentscould play leading role in shipping’s eco drive)
“Putvery bluntly, why should a shipowner go to the effort of creating Inventoriesof Hazardous Materials only to be told you have to do it all again or that the productwill be ignored anyway?"
Blunttalk about cleaning up the ship scrapping industry from John Stawpert of theInternational Chamber of Shipping at TradeWinds’ ship-recycling forum.
(Shipscrapping steels itself for an era of change)
“Youcan do a lot on a beach.”
AndHenning Gramann’s Green Ship Recycling Services is not thinking of ice cream orgetting a tan.
(Gramannand ClassNK push Indian demo yard standards)
“Thelast cycle in commodity shipping taught an important lesson that both highfinancial and operational leverage is a dangerous mix in a cyclical industry.”
Awarning that ambitious IPOs do not go with charter market exposure from RSPlatou analyst, Herman Hildan.
(Avancebid reveals fault lines among Dorian’s investors)
“Ardmore recently issued shares at a net pricewhich is a discount from the market value of their fleet. Diamond S is not prepared to follow suit. Weare not opposed to be publicly owned but not at any price.”
WilburRoss explains that he would rather see the Diamond S IPO pulled than sellshares below net asset value.
(Signalsstill unclear on failure of Diamond S Shipping IPO)
A reconciliationbetween Andrew Brooker and his old boss at FP Marine in the lobby of the Peninsula Hotel appears somewhat unlikely.
(FPMarine takes legal action against two ex-employees)
"Itis highly visible, highly transparent.”
Is StarBulk chief executive Spyros Capralos suggesting the relationship between PetrosPappas’ public and private interests involves optical magic or stealthtechnology?
(StarBulk pursues managed fleet growth)
“Iam keen on [smaller containerships] because the sector is underbuilt. There isgood demand for them going forward.”
Thereare those who favour 18,000-teu containerships, but big is not always beautifulaccording to Michael Bodouroglou of Allseas.
(Smallerboxships are back in vogue)
“Ownerswere a bit more optimistic a few months ago than they are now and seeing newships rush into the North Sea is actually a big worry for some.”
Themarket for anchor handlers appeared to have changed according to Goran Rostadof Westshore Shipbrokers.
(EighteenAHTS units valued at $2.17bn idle in Bergen)
“By cutting off the crew members’ access tothe court system, that allows the shipping companies to overwork the crewmembers and to understaff their vessels because there is no outlet for them toenforce their rights.”
LawyerCharles Lipcon is very concerned about seafarer rights and by one of thosehappy coincidences is a founder of the Miami contingency fee firm of Lipcon,Margulies, Alsina & Winkleman.
(Billset to close court doors to foreign cruiseship crew)
“Thejudge was wrong to reach the conclusion which he did and to hold that alimitation fund could not be constituted by means of a guarantee, and, inparticular, a club letter of undertaking.”
Appealcourt judge, Lady Justice Gloster, puts Justice Simon right about what securityis needed to establish a limitation fund.
“We don’t want to be a big club. Our ambitionis to be very stable, financially healthy and, with a good spread of risks,provide a first class service to members.”
Modestaspirations for the Noord Nederlandsche Protectie Club from chairman RobertBeets, but sentiments hard to argue with.
(Dutchhull mutual merger set to boost Noord Nederlandsche club)
