Login

APM Terminals Gothenburg faces deficit in 2017

Henrik_Kristensen_Managing_Director_APM_Terminals_Gothenburg Ports:

APM Terminals' Managing Director in the Port of Gothenburg, Henrik Kristensen, takes stock after months of conflict: 35 percent of containers are gone, a negative result for the full-year 2017 after a triple-digit loss, and major customers have left. "Now we need to fight our way back," he tells ShippingWatch.

Last week's top stories on ShippingWatch

BP_Andrew-Platform.jpg Carriers:

Equity funds make their foray into the North Sea, Maersk's lobbyists are at work in the US, several dry bulk carriers make gains, and a new investment fund from Maersk and a series of pension funds were among this week's top stories on ShippingWatch.

Last week's top stories on ShippingWatch

Svovl.jpg Carriers:

This summer week brought several key stories. ShippingWatch reported on the Danish Attorney General's indictment against Lars Møller of OW Bunker. The first half year results of bulk and container bode well for the two sectors. And the new Dan-Bunkering CEO unveiled his ambitious growth target.

This week's top stories on ShippingWatch

torbenøstergaardnielsen.jpg Carriers:

Major internal battles in the UN IMO regarding shipping's role in terms of the climate and environment, accounts from the world's second-largest bunker group, and the Maersk Group's problems after a hacker attack and chemical discharge in the North Sea made headlines this past week.

Dry bulk terminals fail test of high-risk cargoes

8starbulk.jpg Bulk:

The current methods for testing whether a dangerous cargo is at risk of liquefaction during sailing are inadequate and should be changed, says the Association of Bulk Terminal Operators, citing various samples of cargoes which have become liquefied despite passing tests.

This week's top stories on ShippingWatch

hapag-lloyd.jpg Carriers:

Arab boycott of Qatar with the potential to create difficulties for Hapag-Lloyd, the collapse of Germany's Rickmers Group, and tanker carriers such as Torm and Hafnia in play in an expected consolidation wave, were among this week's top stories on ShippingWatch.

Spanish dockworkers herald new strikes

IDC.jpg Ports:

Negotiations between Spanish dockworkers and the ports have not resulted in agreement. The unions have heralded more strikes in June and ports as well as carriers are hard hit. A spokesperson tells ShippingWatch that the EU cannot resolve this labor conflict.

Last week's top stories on ShippingWatch

6144046489_65849deac7_b.jpg Carriers:

Another consolidation in the tanker industry. US President Donald Trump will pull the US out of the Paris Climate Accord. 180 years of shipping may come to a end at Rickmers Group. News from Nor Shipping. Read this week's top picks on ShippingWatch.

APM Terminals brings in new CFO from Shell

Katja-Otten_high.jpg Ports:

APM Terminals has filled the position of CFO which has been covered by interim appointees since the former chief financial officer switched to a new position following a big executive reshuffle. The new CFO joins the company from Royal Dutch Shell.

APM Terminals heralds lockout in Gothenburg

Gøteborg Havn NYK Line Ports:

APM Terminals is fed up with the strikes and other industrial actions from dockworkers in Gothenburg over the past year. A new strike warning has prompted APMT's management to herald a partial lockout. Meanwhile, a major customer is deliberating whether to leave the port.

Last week's top stories on ShippingWatch

Carriers:

Several EU member states, including Denmark, are currently having their state subsidies to carriers and maritime businesses scrutinized, while John Fredriksen's efforts to take over DHT continue. And ShippingWatch was present at the major shipping conference in Singapore this week.

This week's top stories on ShippingWatch

lauritzen1.jpg Carriers:

J. Lauritzen's bondholder dispute was resolved, the carrier relying on money from its owner. More details emerged about the EU approval of Maersk's takeover of Hamburg Süd. And Rickmers Maritime had to throw in the towel. Keep up with this week's top stories on ShippingWatch.

This week's top stories on ShippingWatch

maersksearcher.jpg Carriers:

Significant resignations at J. Lauritzen, large deficits from Hapag-Lloyd and the rest of the container sector, the Maersk Group General Assembly, and massive volumes of oil left on two sunken Maersk vessels featured among this week's top stories.

Ports
Last week's top stories on ShippingWatch

The Danish Maritime Accident Investigation Board's report on the shipwreck of two Maersk vessels made headlines this week, and the spotlight also fell on Klaus Kjærulff's bulk venture, Denmark's plans to expand DIS, and the significantly lower investment level among oil companies.

ADVERTISEMENT

Vacancies

ADVERTISEMENT