# Shipping News revived **URL:** \ **Category:** Maritime News\ **Created:** [June 2, 2020, 2:57pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624 "2020-06-02T14:57:28Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 2, 2020, 2:57pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/1 "2020-06-02T14:57:28Z")
Since an earlier version was closed last year, here is a new thread for various and unspecified news from the shipping world. Starting with news of a new, or revived, Ship Management company starting up in Westport, Connecticut: > **[Ebbesen brings back the Sokana brand -](https://splash247.com/ebbesen-brings-back-the-sokana-brand/)** > > Lars Ebbesen has resuscitated the Sokana brand, marking the third incarnation of this famous name in chartering, which the Dane originally co-founded with Arne Blystad 31 years ago. Based in Westport, Connecticut, the new Sokana is a joint venture... The US is still an attractive ventu to operate from for companies in the shipping business. (Although not under US flag, as yet) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 4, 2020, 12:08pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/2 "2020-06-04T12:08:32Z")
More changes in the Ship Management business: > **[OSM takes on management of Kristian Gerhard Jebsen Skipsrederi fleet -](https://splash247.com/osm-takes-on-management-of-kristian-gerhard-jebsen-skipsrederi-fleet/)** > > Norway’s OSM Maritime (OSM) has reached an agreement to take over the management responsibility for 37 vessels currently operated by Kristian Gerhard Jebsen Skipsrederi (KGJS). The deal sees KGJS Fleet Management operations in Bergen, Singapore and... More and more of that business is moving to Singapore, but here it also involves new establishment in Bergen, Norway. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 18, 2020, 1:32pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/3 "2020-06-18T13:32:24Z")
Digital platform for Chartering has been a frequent subject of discussion in shipping forums the last few years. Has there finally been developed one that meet the requirements of most Chartering Managers?: > **[The future of chartering -](https://splash247.com/the-future-of-chartering/)** > > New chartering platforms with bold transformative claims have been making plenty of headlines over the last couple of years. To assess the reality over the hype Maritime CEO brought an owner, two start-ups and shipping futurist together to understand... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 20, 2020, 2:08pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/4 "2020-06-20T14:08:19Z")
Dry bulk shipping appears not to be a lucrative business to be in these days: > **[Nine US-listed bulk firms have lost $11.33bn over the past 10 years -](https://splash247.com/nine-us-listed-bulk-firms-have-lost-11-33bn-over-the-past-10-years/)** > > Alphabulk, part of AXS Marine, has launched a withering attack on the poor financial performance of US-listed dry bulk companies over the past decade. With most companies still in the red in Q1 and likely for Q2, Alphabulk has run the numbers on nine... Unless you are the CEO or part of upper management. Below that level there is an exodus from Shipping: > **[55% of shore-based employees are seeking a new job -](https://splash247.com/55-of-shore-based-employees-are-seeking-a-new-job/)** > > Whichever way you turn at the moment, you cannot escape the needs or wants of people. For those of us in the maritime industry, the plight of our seafarers due to an inability to carry out crew changes continues to dominate and, quite rightly, take... Don’t know how many of those seeking a (renewed) seagoing career, PS\> Of course digitalisation MAY be one reason why shipping jobs are disappearing. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 20, 2020, 2:35pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/5 "2020-06-20T14:35:58Z")
Some students at the University in Bergen is on to the same thing (almost): > **[Norwegian students make machine learning algorithm breakthrough, beating the...](https://splash247.com/norwegian-students-make-machine-learning-algorithm-breakthrough-beating-the-cape-markets-by-10/)** > > Just how much machine learning algorithms can deliver to capesize earnings has been quantified in a landmark new piece of research from Bergen. For their master thesis two students at the Norwegian School of Economics, Herman Bomholt and Torsten... ---
**Author:** ![SeaEagle](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/seaeagle/32/17788_2.png) [@SeaEagle](https://forum.gcaptain.com/u/SeaEagle)\ **Post date:** [June 20, 2020, 3:07pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/6 "2020-06-20T15:07:01Z")
Thought I read on GCaptain bulk rates were up? For iron ore anyway. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 20, 2020, 3:37pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/7 "2020-06-20T15:37:04Z")
Yes, but if it all goes in the pockets of a few it is possible to lose money even on a good market. Who cares, the small investors take the loss and Chapter 11 is always available to get rid of the problem. The wonders of Predatory Capitalism that most(??) Americans support and believe is “Freedom”. (AKA Socialism for the real rich) ---
**Author:** ![SeaEagle](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/seaeagle/32/17788_2.png) [@SeaEagle](https://forum.gcaptain.com/u/SeaEagle)\ **Post date:** [June 20, 2020, 4:00pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/8 "2020-06-20T16:00:32Z")
Lost me bug, it almost always goes in to the the pockets of a few in this business, no matter what nationality. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 20, 2020, 4:34pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/9 "2020-06-20T16:34:18Z")
> [@SeaEagle](#): > > it almost always goes in to the the pockets of a few in this business, no matter what nationality. Almost, but not always. If you google these different companies you’ll find who is behind them. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 22, 2020, 10:50am UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/10 "2020-06-22T10:50:29Z")
The latest list of World’s busiest **Container Ports** are now available: > **[Shanghai tops all, Singapore No 2, HK now No 7 box port](https://www.shippingtribune.com/news/shipping/Shanghai+tops+all,+Singapore+No+2,+HK+now+No+7+box+port+)** > > Shanghai tops all, Singapore No 2, HK now No 7 box port NOTE: This is ONLY in terms of throughput of Containers and doesn’t mean Busiest Ports in terms of total cargo volume, Gross Tonnage or number of ships visiting. (Often confused in the media) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 23, 2020, 12:37pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/11 "2020-06-23T12:37:01Z")
One of the companies mentioned in the article, Starbulk, has de-registered from Oslo Børs, but retain listing at NASDAQ: [https://www.hellenicshippingnews.com/star-bulk-carriers-provides-details-on-the-delisting-process-from-oslo-bors-deregistration-from-the-vps-and-continued-trading-on-nasdaq-under-the-symbol-sblk/](https://www.hellenicshippingnews.com/star-bulk-carriers-provides-details-on-the-delisting-process-from-oslo-bors-deregistration-from-the-vps-and-continued-trading-on-nasdaq-under-the-symbol-sblk/) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 27, 2020, 11:29am UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/12 "2020-06-27T11:29:38Z")
It is tough time for shipping in the Intra-Americas market: [https://www.joc.com/breakbulk/breakbulk-carriers/intermarine-facing-tough-americas-market\_20200624.html](https://www.joc.com/breakbulk/breakbulk-carriers/intermarine-facing-tough-americas-market_20200624.html) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 27, 2020, 11:33am UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/13 "2020-06-27T11:33:21Z")
Intermarine and United Heavy Lift co-operation is working well: [https://www.joc.com/breakbulk/breakbulk-carriers/united-heavy-lift-intermarine-tie-boost-north-america-reach\_20200427.html](https://www.joc.com/breakbulk/breakbulk-carriers/united-heavy-lift-intermarine-tie-boost-north-america-reach_20200427.html) But is still tough times for both. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [June 30, 2020, 10:08am UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/14 "2020-06-30T10:08:19Z")
Container ships transporting air?: [https://www.freshplaza.com/article/9229442/large-container-ships-sailing-around-with-air-as-cargo/](https://www.freshplaza.com/article/9229442/large-container-ships-sailing-around-with-air-as-cargo/) Meanwhile the shipping world is waiting for things to bounce back: [https://www.hellenicshippingnews.com/shipping-is-waiting-for-the-global-economy-to-bounce-back/](https://www.hellenicshippingnews.com/shipping-is-waiting-for-the-global-economy-to-bounce-back/) ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [July 1, 2020, 11:25am UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/15 "2020-07-01T11:25:28Z")
PIL is selling off ships to try to balance it’s books: > **[Temasek bailout still under discussion as PIL offloads more ships - Container...](https://container-news.com/temasek-bailout-still-under-discussion-as-pil-offloads-more-ships/)** > > Struggling Singaporean liner operator Pacific International Lines (PIL) has said that by the end of September 2020, it expects to complete bailout discussions with a unit of the Singapore government’s investment company Temasek Holdings. As such, PIL... PIL is the only one of the old family owned shipping companies that existed in Singapore around the time of independence (1965) and before the Gov. decided to develop Singapore as a shipping nation and promote the Singapore Registry of Ship as a preferred ship registry: [https://www.mpa.gov.sg/web/portal/home/singapore-registry-of-ships](https://www.mpa.gov.sg/web/portal/home/singapore-registry-of-ships) Now ranked as the world’s #5 Ship Register in terms of GT. PS\> Singapore is ranked as the world’s #1 Shipping Hub: ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [July 2, 2020, 11:55am UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/16 "2020-07-02T11:55:06Z")
Since China shut down scrap import container shipper no longer accept containers holding such materials: [https://www.wastetodaymagazine.com/article/metal-paper-recycling-china-shipping-bans/#:~:text=by%20Brian%20Taylor.-,Shipping%20lines%20backing%20away%20from%20scrap%20to%20China,emanate%20from%20the%20Middle%20Kingdom.&text=Container%20shipping%20firms%20Hapag-Lloyd%20and%20Mediterranean%20Shipping%20Co](https://www.wastetodaymagazine.com/article/metal-paper-recycling-china-shipping-bans/#:~:text=by%20Brian%20Taylor.-,Shipping%20lines%20backing%20away%20from%20scrap%20to%20China,emanate%20from%20the%20Middle%20Kingdom.&text=Container%20shipping%20firms%20Hapag%2DLloyd%20and%20Mediterranean%20Shipping%20Co). The good news is that this “bring home” the scrap material handling industry.(dirty jobs, pollution and all). ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [July 3, 2020, 12:26pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/17 "2020-07-03T12:26:44Z")
UAE to establish a major shipping line to ensure secure supply lines?: > **[What UAE needs is a giant shipping line](https://gulfnews.com/business/analysis/what-uae-needs-is-a-giant-shipping-line-1.72223710)** > > Changes to global trade and logistics patterns have created a window of opportunity ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [July 3, 2020, 12:44pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/18 "2020-07-03T12:44:40Z")
When will shipping volume return to “normal” again? (If ever): > **[When will shipping volumes return to 2019 levels? -](https://splash247.com/when-will-shipping-volumes-return-to-2019-levels/)** > > When – if at all – will shipping volumes return to 2019 levels for the container, dry bulk and tanker trades? These questions form one part of a new MarPoll on the site.  Clarksons Research’s latest projections – published this week – suggest... ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [July 8, 2020, 4:33pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/19 "2020-07-08T16:33:10Z")
Swire is splitting Swirebulk from CNCo: > **[Swire Bulk separates from China Navigation -](https://splash247.com/swire-bulk-separates-from-china-navigation/)** > > China Navigation (CNCo) announced today its intention to separate out its dry bulk shipping activities from its liner shipping and fleet management business and establish Swire Bulk as a standalone privately held company headquartered in... The operation of both will be from Singapore. ---
**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\ **Post date:** [July 9, 2020, 1:36pm UTC](https://forum.gcaptain.com/t/shipping-news-revived/55624/20 "2020-07-09T13:36:46Z")
The latest Paris MOU Performance list is out. The Dutch flag is ranked fourth on the White List, which put it first among EU member states: > **[The Dutch flag ranks 1st of EU flags and 4th overall in newly issued White...](https://www.maritiemland.nl/news/the-dutch-flag-ranks-1st-of-eu-flags-and-4th-overall-in-newly-issued-white-list/)** > > On 1 July 2020, the Paris MoU Committee issued their new performance list for flag states. The Dutch flag gained two positions on the newly issued White list and now holds the top position of all EU flags. The position on the list... PS\> A link to the Performance List can be found at the bottom of the article. [Next page](https://forum.gcaptain.com/t/shipping-news-revived/55624.md?page=2)