SNAPSHOTS 2017 – Year End Summary

21st December, 2017

The year 2017 has whizzed past.  Despite a tumultuous market, there are signs of recovery in the shipping markets from 2Q onwards.  More vessels are being ordered and this time it is through the anticipated demand growth in manufacturing and raw materials to China.   There are now new opportunities, and with confidence these opportunities shall turned into long commercial benefits for both parties; the supply and demand economics.


The Greek Shipowners are still the largest shipowners in the world and would be for a long time to come.  Their directional leads are important to note and on the crewing side, we have to give due cognizance to their manpower needs.  Our Managing Director was invited to do a presentation to the Greek Shipowners’ Community on the status of Chinese Crewing and if they are indeed ready for global shipping.