‘Shipshape 10’ News for Week Ending March 19th, 2017

‘Shipshape 10 List’, a list of news and articles published in the current week that a senior executive in shipping, shipping finance, commodities, energy, supply chain and infrastructure should had noticed; news and articles that are shaping the agenda and the course of the maritime industry.

Sometimes seemingly tangential, periodically humorous, occasionally sarcastic, sporadically artistic, inferentially erotic, but always insightful and topical.

And, this week’s ‘Shipshape 10’:

1a. A Blind Spot Masks the Danger Signs in Finance (Financial Times)

1b. Shadow Lending Threatens China’s Economy, Officials Warn (The New York Times)

2. The Man Who Made Us See That Trade Isn’t Always Free (Bloomberg)

3. The World Economy is Picking up (The Economist)

4. Imagine a Silicon Valley of the Sea (Bloomberg)

5a. Missing from Trump’s Grand Navy Plan: Skilled Workers to Build the Fleet (Reuters)

5b. Critics warn Trump that gutting foreign aid will endanger U.S. (Politico) (probably a very bad development for the American Flag fleet and shipowners in the USA – please note, American flagged vessels are not ‘Jones Act’ vessels with same cabotage privileges; see Cargo Preference Act).

6. Port of Amsterdam to Phase Out Coal Terminal (The Maritime Executive)

7a. Blockchain: A Transitional and Transformational Technology for Shipping (Splash 24/7)

7b. Ocean Shipping Transaction Firm INTTRA Buys Container Tracking Company Avantida (The Wall Street Journal, Logistics Report)

8. The Great Barrier Reef had a Pretty Terrible Year (Popular Science)

9. Subsea Salmon Farming Project Hits Snag (The Maritime Executive)

10. Whose Sea is It Anyway? Photo Essay: Coast of Vietnam (1843 Magazine)

Where all it happens, Manhattan and the ‘Big Apple’! Image credit: Karatzas Images


© 2013 – present Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website.Whilst every effort has been made to ensure that information herewithin has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.

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‘Shipshape 10’ News for Week Ending February 26th, 2017

‘Shipshape 10 List’, a list of news and articles published in the current week that a senior executive in shipping, shipping finance, commodities, energy, supply chain and infrastructure should had noticed; news and articles that are shaping the agenda and the course of the maritime industry.

Sometimes seemingly tangential, sometimes humorous, occasionally sarcastic, but always insightful and topical.

And, this week’s ‘Shipshape 10’:

1a. World Trade Flows Grew at Slowest Pace since Financial Crisis (The Wall Street Journal)

1b. Trade and shipping: The world is not flat anymore (Cayman Financial Review, authored by Basil M. Karatzas)

2a. Hanjin Shipping Saga Comes to a Close (The Maritime Executive)

2b. CMA CGM Joins Alibaba’s Freight Booking System (The Maritime Executive)

3. APM Terminals Ups Investments at Port Elizabeth (The Maritime Executive)

4. Why Innovators Should Study the Rise and Fall of the Venetian Empire (Harvard Business Review)

5. Maritime Asset Partners: New Finance Vehicle Backed by Shipping Veterans (Splash 24/7)

6. Gasoline Glut in New York Has Traders Sending Cargoes Abroad (Bloomberg)

7. With Shale Oil Production Like This, Who Needs Trump? (Bloomberg)

8. Female Captains Command Respect, but Not Many Ships (The Wall Street Journal)

9. Who owns Greece’s largest shipyard? (Seatrade)

10. Gibraltar seizes Russian’s superyacht over German debt claim (BBC News)

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Bacino di San Marco, Venice ca 1738 (detail), by Canaleto (Giovanni Antonio Canal, 1697 – 1768). Cargo boats and gondolas animate Venice’s waterfront entrance and Doge’s palace. Boston Museum of Fine Arts. Image credit: Karatzas Images


© 2013 – present Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website.Whilst every effort has been made to ensure that information herewithin has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.

‘Shipshape 10’ News for Week Ending February 11th, 2017

‘Shipshape 10 List’, a list of news and articles published in the current week that a senior executive in shipping, shipping finance, commodities, energy, supply chain and infrastructure should had noticed; news and articles that are shaping the agenda and the course of the maritime industry.

Sometimes seemingly tangential, sometimes humorous, occasionally sarcastic, but always insightful and topical.

And, this week’s ‘Shipshape 10’:

1. Commerzbank earnings dip on increased maritime loan provisions (from the Financial Times)

2. Sinking Feeling: Shipping Is Latest European Banking Worry (from the Wall Street Journal)

3. Uncertain Future, Haunted by the Past (from Handlesblatt Global)

3b. Shipping’s Long, Slow Turn (from Bloomberg) 

4. South Korean court all but sinks Hanjin Shipping (from the Financial Times)

5a. Maersk Slumps as It Unveils Second Loss Since World War II (from Bloomberg)

5b. A.P. Moller-Maersk halves dividend to weather shipping crisis (from Reuters)

6a. Container shipping: rising tide – Maersk keeps a weather eye on hurricane Trump (from the Financial Times)

6b. World’s Biggest Shipping Company Voices Alarm at Trump Trade War (from Bloomberg via gCaptain)

7. China’s Shipbuilders Go From Boom to Rust (from the Wall Street Journal)

8a. El Faro’s Sister Ship Scrapped After USCG Found Wastage (from the Maritime Executive)

8b. El Faro – An Open Letter To Investigators (from gCaptain)

9. America, China and the risk of a trade war (from the Economist)

10. Disruption on the Docks: How Automated Terminals Could Impact Global Trade (from the Center of Strategic and International Studies)

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Baker Library / Bloomberg Center, Harvard Business School. Image credit: Karatzas Images

© 2013 – present Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website.Whilst every effort has been made to ensure that information herewithin has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.

‘Shipshape 10’ News for Week Ending January 28, 2017

‘Shipshape 10 List’, a list of news and articles published in the current week that a senior executive in shipping, shipping finance, commodities, energy, supply chain and infrastructure should had noticed; news and articles that are shaping the agenda and the course of the maritime industry.

Sometimes seemingly tangential, sometimes humorous, occasionally sarcastic, but always insightful and topical.

And, this week’s ‘Shipshape 10’:

1a. HSH Nordbank to sell €1.64 bn portfolio to financial investors (The Financial Times)

1b. China Not Europe May Salvage HSH as German Bank Looks East (Bloomberg)

2. The multinational company is in trouble (The Economist)

3. Trump Is Paving the Way for China to Rule the World (New Republic)

4. China stakes a claim for globalism without liberalism (The Financial Times)

5. How Trade and Sanctions Made This Russian Fisherman a Billionaire (Bloomberg)

6. Korea Extends Aid Package to Hyundai Merchant Marine (The Wall Street Journal, Logistics Report)

7. Amazon Expands Into Ocean Freight (The Wall Street Journal)

8. BHP Billiton bypasses brokers with new online auction platform (Splash 24/7)

9. Japan’s Dirty Secret (Bloomberg)

10a. Why Saudi Arabia May Unravel OPEC’s Big Deal (Bloomberg)

10b. BP Sees a Future of Slowing Oil Demand Growth, Abundant Supplies
(Bloomberg)

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Museumshafen Oevelgönne, Hamburg. Image credit: Karatzas Images


© 2013 – present Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website.Whilst every effort has been made to ensure that information herewithin has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.

‘Shipshape 10’ News for Week Ending November 13, 2016

The major event of the week of course has been the election of Donald J Trump as the 45th President of the United States. The event has been surprising as most predictors had this event as the less favorable outcome (“The American Brexit”); also, given that most of the election campaign took place on personal and not on substantive debating terms, there is has been lots of head-scratching since Wednesday morning on what would happen next; the major consensus is that the new Administration is in general in favor of anti-globalization, re-shoring, and higher barriers for trade (tariffs, ‘currency manipulator’ and anti-dumping have been heard with come frequency), the consensus has been that trade and shipping stand to suffer in the next four years:

1. Shipping Industry Feels Shock Waves From Donald Trump Election (The Wall Street Journal, Logistics Report)

2. On trade and expectations,                                                                                     America and the world, The Piecemaker (The Economist)

3. While in the same week, the United Nations Conference on Trade and Development (UNCTAD) published some sobering thoughts on the maritime industry:                         Review of Maritime Transport 2016 (UNCTAD)

4. In the short term however, the dry bulk market has had a great week, especially for the capesize market on behalf of coal trades to China:
Dry Bulk FFA: Market Explodes as Atlantic Cargoes Offer Ample Support (FIS)

5. An interesting reading on China and ‘One Belt, One Road’ from the respected Week in China:
All at Sea (Week in China)

6. Another week, and another shipping bank wish ‘Bon voyage’ to the shipping industry:   Bank of Ireland joins other banks in shipping loan wind down (Reuters)

7. while, another shipping bank is looking to raise more capital; one gets the picture, with the shipping banks:                                                                                                             Shipping Bank DVB Prepares Capital Increase (Reuters, via the Maritime Executive)

8. The Singapore Exchange (SGX) has formally closed on the acquisition of the legendary Baltic Exchange, producer of the well-known Baltic Exchange Dry Bulk Index (BDI); the transaction is indicative of a changing world, where shipping cannot be considered a stand-alone industry any more, while at the same time it seems that the center of gravity has been shifting eastwards:                                                                                       Baltic Exchange Takeover Complete (The Maritime Executive)

9. For some interesting reading on how shipping has been evolving, an article from BBC and Remote Container Management (RCM) technology:
How do you keep bananas fresh as they cross the oceans?

10. And, for those who wish to take a minute and smell the roses, actually feel nostalgic about the past and the times past, an interesting piece on lighthouses in Ireland:
Keeping the Fire of Irish Lighthouses Alive (The New York Times)


panama-old-city-bmk_1032© 2013-2015 Basil M Karatzas & Karatzas Marine Advisors & Co.  All Rights Reserved.

IMPORTANT DISCLAIMER:  Access to this blog signifies the reader’s irrevocable acceptance of this disclaimer. No part of this blog can be reproduced by any means and under any circumstances, whatsoever, in whole or in part, without proper attribution or the consent of the copyright and trademark holders of this website.Whilst every effort has been made to ensure that information herewithin has been received from sources believed to be reliable and such information is believed to be accurate at the time of publishing, no warranties or assurances whatsoever are made in reference to accuracy or completeness of said information, and no liability whatsoever will be accepted for taking or failing to take any action upon any information contained in any part of this website.  Thank you for the consideration.