DANISH owner indicates it is willing to talk to yards about changing contract terms of the 35 bulkers it has on order.

INSURANCE ratings agency also places West of England's rating under review.

GERMAN KG financing house is feeling the pinch, as its placement activity has slowed significantly in recent weeks.

A KG trading platform has set up a new index for shipping funds that could develop into an important tool for the KG market.

VDR has appointed Hapag-Lloyd chief executive as its new president.

HOWEVER, the shipbroker and shipping services group admits that revenue will come under pressure next year.