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Shipping & Offshore Market News and Rumors

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    Shipping & Offshore Market News and Rumors

    In these crisis times in the Shipping and Offshore market, it may be appropriate to have a thread to follow what is going on.
    Large companies are going under, others are consolidating and some take advantage of the low prices for new and second hand tonnage to renew their fleet.

    Maersk is one of those:,h...tive_44660.htm

    Another company in the news is Hanjin. Their collapse has caused problem for businesses far outside the Shipping Wold:

    Who would have thought that people may be freezing in the US this Autumn because a Korean shipping company run into problems??
    The cold weather may set in before this years fashionable Autumn clothing reach the market. What a DISASTER!!