‘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’:
1b. Dry bulk market report: The China factor (Seatrade Maritime)
3a. Shipping’s blues – The many barriers to scrapping cargo ships (The Economist) (quoting Basil Karatzas)
3b. Shipping slump: Why a vessel worth $60m was sold as scrap (BBC News)
3c. Tsuneishi to Build Giant $100 million Recycling Yard in the Philippines (Splash 24/7)
4. Hyundai Heavy Shareholders Approve Restructuring Plan (The Maritime Executive)
5a. Ezra flags ‘immediate going concern issue’ on $900m exposure as guarantor to EMAS Chiyoda Subsea (Seatrade Maritime)
5b. Let This Be a Lesson, Singapore (Bloomberg)
6. International Shipholding Restructuring Plan Confirmed (The Wall Street Journal)
7. Could The Struggling Shipping Industry Create a Banking Crash in Germany? (Equities.com)
8. Back from the dead? Chinese iron ore miners plot return as prices surge (Reuters)
9. Watch U.S. Oil Drilling Collapse—and Rise Again (Bloomberg)
10. Exxon Will Remake Shale Or Shale Will Remake Exxon (Bloomberg)
Another definition of shipping: Grown up men playing with the water… Drinking Cup (Helmeted Men Riding Dolphins), Archaic Period ca 520 BC. Boston Museum of Fine Arts. Image credit: Karatzas Images.
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