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One more down in the crisis.

German shipping group Rickmers files for insolvency
HAMBURG (June 1): German shipping group Rickmers said it had filed for insolvency on Thursday, a day after it announced that its restructuring plan had failed to win approval of bondholder HSH Nordbank.
http://www.theedgemarkets.com.sg/managem...insolvency
Cosco Shipping to Acquire Orient Overseas for $6.3 Billion

https://www.bloomberg.com/news/articles/...l-wsj-says
Takeover of ‘perfect bride’ OOCL takes container industry one step closer to liner paradise
http://www.hellenicshippingnews.com/take...-paradise/
Shipping’s Half Year Report – Any Better This Year?
https://clarksonsresearch.wordpress.com/...this-year/
http://splash247.com/18000-teu-boxships-...next-year/

With more supply capacity coming online, it seems the container segment will continue to be depressed. Really interested to know when the bottom of the container shipping cycle will be.
newbuild-orders-fall-sharply-despite-uptick-in-1h-2017-tanker-bulker-orders
https://shipandbunker.com/news/world/305...ker-orders
Through The Looking Glass: Exploring The Orderbook
http://www.hellenicshippingnews.com/thro...orderbook/
28% of Offshore vessels currently laid up
http://www.hellenicshippingnews.com/28-o...y-laid-up/
Baltic index hits near 3-year high on stronger capesize vessel rates
http://www.hellenicshippingnews.com/balt...sel-rates/
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