GLG News by VLCC Experts

Craig MarstonManaging DirectorCEM Marine

NOL Will Win The Battle For Hapag-Lloyd

July 24, 2008

Analysis of:Hapag bids flow in | www.tradewinds.no

Tradewinds reports that some six or seven bidders responded to the initial round of indicative bids for TUI's liner shipping company.  NOL will be the successful bidder.

Craig MarstonManaging DirectorCEM Marine

Beginning To Look Like 2002 For The PMA-ILWU Negotiations

July 21, 2008

Analysis of:SoCal port terminals reporting ILWU slowdown | www.americanshipper.com

Despite the change in leadership at both the PMA and ILWU, commitment to early negotiations, and a clampdown on rhetoric in the press, the situation is starting to resemble the 2002 talks that led to a 10-day lockout.

Craig MarstonManaging DirectorCEM Marine

Australian Ore Prices Unlikely To Hurt Dry Shipping

July 1, 2008

Analysis of:Reaction mixed | www.tradewinds.no

Tradewinds reported that Rio Tinto and BHP Billington have finalized contracts with Baosteel for an 80%+ increase in the price of iron ore out of Australia.  This compares favorably to the Vale benchmark achieved earlier this year for a 65% increase out of Brazil and reflects the freight differential sought by the Australians.  The impact on dry bulk shipping is likely to be minor.

Craig MarstonManaging DirectorCEM Marine

Fuel Surcharge Under Scrutiny In Jones Act Trades

July 1, 2008

Analysis of:Matson sued | www.tradewinds.no

Tradewinds reported that Rhythm of Life Cosmetics has filed a "me too" law suit against Matson Navigation Company (Nasdaq:ALEX) citing the DOJ investigation into the Jones Act liner trades.  This is the first suit against Matson, whom does not participate in the Puerto Rico trade where most of the DOJ focus has been.

Craig MarstonManaging DirectorCEM Marine

Older Bulk Carriers Will Exit The Market In 2010

June 11, 2008

Analysis of:Dry bulk faces fleet 'age crisis' | www.tradewinds.no

A significant percentage of the dry bulk fleet continues to trade past the normal retirement age of 25 years due to robust rates.  This will be corrected in 2010, when new vessels will push down rates and push out vintage tonnage.

Craig MarstonManaging DirectorCEM Marine

Offshore Service Companies Finally Show Some Restraint

June 10, 2008

Analysis of:Orders stunted | www.tradewinds.no

Perhaps a bit too late, we are seeing signs of a cut off in new vessel orders for the offshore service sector.

Craig MarstonManaging DirectorCEM Marine

Limits To Slow Steaming Very Real

June 10, 2008

Analysis of:Slow speed ahead | www.tradewinds.no

The article highlights the limitations to slow-steaming and why this will result in diminishing returns as a mechanism for absorbing excess container ship capacity.

Timothy NashFounderTim Nash Consultancy

LNG Downstream

June 3, 2008

Analysis of: Have terminals, need LNG | www.iht.com

There is far more U.S. regas capacity than necessary. This is somewhat true world-wide, but for a different reason - There are seasonal demand days in Spain, Japan, Korea, Taiwan, etc. when they do need all the regas, and that capacity was built for those days. Supply is king, and will be until about 2013. LNG production increases are way behind schedule almost everywhere, for a number of reasons. LNG Shipping will be very week for the next few years.

Craig MarstonManaging DirectorCEM Marine

Slow Steaming Won't Be The Answer Going Forward

May 27, 2008

Analysis of:Slower-steaming trend sparks rush to fix post-panamaxes | www.tradewinds.no

The charter market for post-panamax tonnage is hot as owners jump on the bandwagon of slowing vessels to save fuel cost.

Craig MarstonManaging DirectorCEM Marine

Good News In The Transpacific Liner Shipping Trade

May 27, 2008

Analysis of:Bunker surcharge floats | www.tradewinds.no

Reports from the TSA indicate that their primary goal of the 2008 contracting season, floating fuel surcharges, has largely been accepted by shippers.  Their secondary goal, increases in the base freight rate, has largely failed.

Previous Page : 234567891011Next61 to 70 of 384