Author Archives: Michelle Wiese Bockmann

Doing time for environmental crime – the DoJ way

The ‘land of the free’ is too tough on seafarers caught up in Department of Justice probes. Richard Udell hasn’t shown his face at many shipping conferences the US for a while and probably won’t resurface in a hurry, after the reaction he provoked at the Connecticut Maritime Association Shipping 2010 conference yesterday. The Department of Justice [...]
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Richard Branson, we need you

For those of you who have clicked here looking for the Philippe Louis-Drayfus story, please keep scrolling down. Meanwhile…. Shipping needs a Richard Branson figure. That thought struck me as I pondered why politicians pay such scant attention to the industry.  Many of the high-profile shipping names on the delegate’s list here are powerful, influential and [...]
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Interview with CMA Commodore

Lloyd’s List’s Monday issue, to be distributed at CMA profiles France’s Philippe Louis-Dreyfus, the CMA Commodore, who accepts his award on Wednesday night. He spoke about his passion for shipping, but also on media speculation that the Louis Dreyfus group is one of the outside investors looking to inject fresh capital in CMA CGM. Read [...]
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Live from CMA 2010!

If it’s the views of global industry heavyweights you’re after, the CMA manages to snare its fair share, persuading some legendary names to stop by at the conference venue at the Hilton Hotel at Stamford over the years. Many are speakers, some are delegates lurking quietly in private rooms doing deals, and others are simply honoured [...]
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West’s gloom at odds with Asian dry bulk optimists

MAJOR dry bulk shipowners and operators are divided over whether there will be any sustainable recovery in chartering rates in 2009. MAJOR dry bulk shipowners and operators are divided over whether there will be any sustainable recovery in chartering rates in 2009. Those based in the US and Europe are at odds with their more optimistic Asian-based [...]
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Boxship slump will get worse, CMA delegates tell Lloyd’s List

MORE than 75% of shipping executives polled by Lloyd’s List during the Connecticut Maritime Association conference agreed that conditions in the global containership sector had yet to hit bottom. The survey respondents included US and European shipowners, operators, regulators, lawyers, fund managers and bankers, and revealed an overwhelmingly negative outlook for the shipping sector. The Lloyd’s List industry survey [...]
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Cosco chief Wei puts date on dry bulk recovery

THE head of Chinese shipping giant Cosco Group says the dry bulk market will recover by the second half of 2009, but remains less confident about containership prospects, partly because of the US protectionist trade stance. Cosco president and chief executive Wei Jiafu has urged the US to resume buying Chinese goods again to revive global [...]
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Shipping executives say boxship sector yet to hit bottom

OVER 75% of shipping executives polled by Lloyd’s List during the Connecticut Maritime Association conference agreed that conditions in the global containership sector had yet to hit bottom. The survey respondents included US and European shipowners, operators, regulators, lawyers, fund managers and bankers, and revealed an overwhelmingly negative outlook for the shipping sector. The Lloyd’s List industry [...]
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Cosco chief bullish over dry bulk recovery

THE head of Chinese shipping giant China Ocean Shipping (Group) says the dry bulk market will recover by the second half of 2008, but remains less confident about containership prospects, partly because of America’s protectionist trade stance. Cosco president and chief executive Captain Wei Jiafu has urged Americans to resume buying Chinese goods again to revive [...]
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A dark and stormy night…

FACED with around three by three square metres of exhibition space, it took a lot of ingenuity to stand out from the crowd at the Connecticut Maritime Association expo and conference at Stamford, Connecticut, that finished yesterday. But Lloyd’s List’s tour of the 150 or so exhibitors revealed that a little imagination, a lot of chutzpah [...]
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