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Container carriers have reclaimed power over customers

SvendborgMaersk.png Container:

This summer represented the busiest peak season since 2010, according to Drewry. The balance of power has shifted, now favoring the carriers, which has caused problems for even the major customers.

Royal Arctic Line caught in downward spiral

RAL 02.jpg Carriers:

Even though Royal Arctic Line expects a profit for 2014, the situation remains tense and the carrier needs new solutions, the company tells ShippingWatch. However, the nature of these solutions remains far from certain.

New Job

Lars Rosenkrands.jpg
Lars Rosenkrands
New title: CEO
New employer: EMS Seven Seas (17.09.14)

Paolo Tonon.jpg
Paolo Tonon
New title: CEO
New employer: Maersk Maritime Technology (01.11.14)

Jan Kragh Michelsen 1.jpg
Jan Kragh Michelsen
New title: Vice President, Maritime
New employer: Cobham Satcom (22.08.14)

Silvia Ding
New title: Head of Maersk Line South China
New employer: Maersk Line

ShippingWatch EMS ).jpg

EMS Seven Seas' CEO on the way out

Norwegian supply company EMS Seven Seas has been de-listed from the Oslo Stock Exchange by its new owner, Supreme Group. Furthermore, an internal letter in the company states that CEO Toril Eidesvik is on her way out, sources tell ShippingWatch.