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EU suspends separate shipyard merger probes

EU suspends separate shipyard merger probes The European Union has halted its investigations into two shipyard mergers amid the coronavirus outbreak, which has prevented the companies…        Related Stories Japan’s shipbuilding dispute with South Korea rages at WTO Ferry operators call for bailout as crisis mounts Maersk extends crew change prohibitions   The European Union…

Daily Briefing April 6 2020

Daily Briefing April 6 2020 Free to read: Bankers go easy on owners as coronavirus bites | Chinese lessors warn on rising shipping defaults |…         Free to read: Bankers go easy on owners as coronavirus bites | Chinese lessors warn on rising shipping defaults |…         https://lloydslist.maritimeintelligence.informa.com/LL1131717/Daily%20Briefing%20April%206%202020?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss4th April 20203:03 am

Force majeure doesn’t get ship operators off the loan repayments hook

Force majeure doesn’t get ship operators off the loan repayments hook British-based shipping companies are in principle eligible for government coronavirus support schemes, say lawyers, but unfortunately few seem to have…        Related Stories Singapore exempts maritime from virus-linked suspension Bankers go easy on owners as coronavirus bites — at least for now Chinese lessors…

Chinese lessors warn on rising shipping defaults

Chinese lessors warn on rising shipping defaults But bank-backed leasing houses are said to be financially confident as they can tap the inter-bank market for liquidity rather…        Related Stories Force majeure doesn’t get ship operators off the loan repayments hook Singapore exempts maritime from virus-linked suspension Bankers go easy on owners as coronavirus bites…

Daily Briefing April 3 2020

Daily Briefing April 3 2020 Free to read: Bahri brings in more VLCCs as Saudi oil cargoes head out | Capacity crunch risks return of…         Free to read: Bahri brings in more VLCCs as Saudi oil cargoes head out | Capacity crunch risks return of…         https://lloydslist.maritimeintelligence.informa.com/LL1131653/Daily%20Briefing%20April%203%202020?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss3rd April 20203:00 am

GasLog sees LNG spot market boost as China recovers

GasLog sees LNG spot market boost as China recovers Measures to limit the damage from the coronavirus fallout, including the suspension of shore leave and crew changes, are keeping…        Related Stories Port of Los Angeles terminal closes after positive coronavirus test Capacity crunch risks return of rolling and no-shows BCI’s return to positive territory…