Private equity owned or backed shipping companies are increasingly venturing in the ships-for-shares deals with listed ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Daniel Saunders, a London partner with law firm Watson Farley & Williams (www.wfw.com/) explains the growing popularity behind this trend and the reasoning behind it. Lately, we’ve been witnessing a growing interest for ships-for-shares deals? Is this the case from your standpoint as well?  Yes.  We’re definitely seeing it more.  What’s the reasoning behind this trend? Which the pros/cons for each ...

Digitalization in shipping isn’t just a gimmick. It’s real, it’s here and is constantly evolving, helping ship owners cut costs, or improve efficiency among others. In an exclusive interview with Hellenic Shipping News (www.hellenicshippingnews.com), Mr. George Teriakidis, DNV GL’s Regional Business Development Manager outlines the various advantages and where digitalization can be applied. According to Mr. Teriakidis, “Greek shipping companies are taking the first shy steps. We believe that Greek owners are ready to embrace latest technological innovations, where there is a solid business case”. Digitalization is about to be ...

The effects of an ongoing trade war are starting to have an impact on the dry bulk market, while the gradual halting of demolition activity also had an adverse effect on freight rates. Still, 2018 has to be seen as a positive year for the market. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Ralph Leszczynski, Head of Research with shipbroker Banchero Costa said that “the ballast water regulation and IMO 2020 rules will lead to a pick up in demolition activity. Higher bunker costs should exacerbate ...

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