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Daily Briefing August 29 2019

Daily Briefing August 29 2019 Yard merger reignites talk of Samsung’s shipbuilding exit | World’s largest VLCC owner warns of crude shipping risks | Sanctions…         Yard merger reignites talk of Samsung’s shipbuilding exit | World’s largest VLCC owner warns of crude shipping risks | Sanctions…         https://lloydslist.maritimeintelligence.informa.com/LL1128634/Daily-Briefing-August-29-201929th August 20193:01 am

US officials tout competitive advantages of America’s inland waterway system

US officials tout competitive advantages of America’s inland waterway system Secretary Perdue briefed agricultural and waterways stakeholders on a new study commissioned by the US Department of Agriculture highlighting the…        Related Stories Tariffs hit CIMC’s box-making business MOL Nordic Tankers loses chief executive in shake-up Jailed shipowner Nobu Su lodges appeal   Secretary Perdue…

Sanctions proving ‘extremely challenging’ for industry despite transparency tools

Sanctions proving ‘extremely challenging’ for industry despite transparency tools Uncertainty over origin of cargo and ownership of business remains, despite support from third party operators        Related Stories Yard merger re-ignites talk of Samsung’s shipbuilding exit Yard merger re-ignites talk of Samsung’s exit from shipbuilding Weak peak season to stretch into new year for box…

Yard merger reignites talk of Samsung’s shipbuilding exit

Yard merger reignites talk of Samsung’s shipbuilding exit The proposed merger of Hyundai Heavy Industries and DSME has triggered renewed speculation that Samsung leaders would revisit the options…        Related Stories Sanctions proving ‘extremely challenging’ for industry despite transparency tools Yard merger re-ignites talk of Samsung’s exit from shipbuilding Weak peak season to stretch into…

Daily Briefing August 28 2019

Daily Briefing August 28 2019 Venezuela-China oil flows fail to stem plunging tanker demand | Carrier results demonstrate benefits of consolidation | Carriers failing to…         Venezuela-China oil flows fail to stem plunging tanker demand | Carrier results demonstrate benefits of consolidation | Carriers failing to…         https://lloydslist.maritimeintelligence.informa.com/LL1128633/Daily-Briefing-August-28-201928th August 20193:17 am

Frontline targets growth in VLCCs

Frontline targets growth in VLCCs The John Fredriksen-owned company is continuing to trade in the Middle East with ‘heightened security’, says chief executive Robert Macleod        Related Stories At least three dead after ferry capsizes off Cameroon Venezuela-China oil flows fail to stem plunging tanker demand Swedish Club first half combined ratio hits 108%  …

Swedish Club first half combined ratio hits 108%

Swedish Club first half combined ratio hits 108% Gothenburg-based International Group affiliate reports an underwriting loss of $2.2m compared with a surplus of $4.7m last time round        Related Stories Frontline targets growth in VLCCs At least three dead after ferry capsizes off Cameroon Venezuela-China oil flows fail to stem plunging tanker demand   Gothenburg-based…