Major shareholder deems Maersk declaration "unduly aggressive"

8-toskibe-svejseflammer.jpg Container:

Two major shareholders voice criticism of Maersk's declaration to disregard EU shipbreaking rules. Nordea Wealth Management wants to know why Maersk refuses to comply with EU regulations, scheduled to take effect in 2017, and Norway's KLP calls the stance "unduly aggressive".

This week's top stories on ShippingWatch

Mads Zacho 4.jpg Carriers:

Mads Zacho explained how he plans to get J. Lauritzen back on its feet, Maersk's shipbreaking troubles intensified, and two Norwegian shipping families joined forces in a new bulk partnership between Grieg Star and Gearbulk this week. Read about how shipping talent is developed as well.

Banks have lost faith in multi-purpose

2014%2010%2008%20crs%20rebecca%20at%20sea%20-%20groot.jpg Bulk:

The decision from major bank ING to stop financing the multi-purpose group Flinter is a premonition of what is yet to come for owners and operators in the suffering specialized bulk sector, predict sources to ShippingWatch.

New Job

Martin Larsen.JPG
Martin Larsen
New title: CFO
New employer: A.P. Møller Holding (01.12.16)

Carsten Haagensen Oct 2016 Photo Low res.jpg
Carsten Gram Haagensen
New title: CCO
New employer: Maersk Supply Service

Steen S. Karstensen CEO Maersk Supply Service
Steen S. Karstensen
New title: CEO
New employer: Maersk Supply Service

Jacob H Thygesen_portrait.jpg
Jacob H. Thygesen
New title: CEO
New employer: OSK Shiptech

Bergen families founded new company on common history

elisbethgrieg.jpg Bulk:

The new dry bulk partnership between Gearbulk and Grieg Star was started by tradition-bound shipping families Jebsen and Grieg, who have known each other for decades. Now, they will form a dominant player in bulk's open hatch segment, says Chairman of Grieg Star, Elisabeth Grieg, to ShippingWatch.