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Gothenburg port conflict has reached impasse

Gøteborg Havn NYK Line Ports:

The conflict between port workers and the management of APM Terminals in Gothenburg has reached a total impasse and is now at its most severe point since the conflict began close to a year ago. A crucial meeting between the parties Wednesday ended without a result.

APM Terminals' delayed TCB port set to open

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APM Terminals has received the final approvals to operate the newly built terminal in Guatemala, which is at the center of a large-scale corruption scandal. The first ship called on Sunday, and the terminal is expected operational soon. The opening was met with local protests.

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This week's top stories on ShippingWatch

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Perhaps Maersk Line can expect a positive result in its interim report, set for release next Wednesday. The battle for the ballast water market has begun. John Fredriksen struggles with two separate issues. And Shipping and offshore are hurting banks. Read this week's top picks on ShippingWatch.

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Keppel shuts down three yards in Singapore

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Offshore and marine company Keppel delivers its smallest annual profit in ten years and will thus close three yards in its homeland of Singapore. The workforce has been reduced by about one third and the CEO is ready to do what is necessary.

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Shanghai still world's busiest port

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Shanghai cemented its position as the world's busiest container port in 2016. Despite a tough year for global trade, the port succeeded in increasing the number of twenty-foot containers. Singapore follows in second place.

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Last week's top stories on ShippingWatch

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Mitsui OSK Lines was blamed for a dramatic 2013 wreck, Hyundai Merchant Marine lashed out at Maersk Line, while Kristian Mørch talked about his turnaround of Odfjell this week on ShippingWatch, which also brought news about Thorco, Rickmers Maritime, and the oil sector.

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Last week's top stories on ShippingWatch

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Maersk finally presented its plan for what the group will look like going forward, and what will be sold off. The group also received some rare criticism from Denmark's conservative government. A new shipping bank saw the light of day, and another wants to be global. Here are this week's top picks on ShippingWatch.

This week's top stories on ShippingWatch

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Maersk Line acquired Hamburg Süd, the OPEC members agreed on a production cap, and a deal between Hyundai and the 2M alliance inched closer this week in the shipping industry. Make sure to read up on the continued trouble in Norwegian offshore as well.

Last week's top stories on ShippingWatch

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Maersk Line is one potential buyer in huge transaction rumored to be imminent in the container market. OPEC may be inching closer to a deal that would benefit tanker carriers. And the crisis deepens among supply carriers. Here are some of this week's top stories on ShippingWatch.

This week's top stories on ShippingWatch

DFDS CEO Niels Smedegaard 2-version1 Carriers:

DFDS delivered another strong quarterly result during the past week of financial reports from several carriers, Maersk got burned by its own restructuring, and both bulk and tanker saw more setbacks. These were just some of the top stories this week on ShippingWatch.

Last week's top stories on ShippingWatch

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The IMO reached agreement on the global sulfur directive, a list of Hanjin's creditors was published, and senior executives from the maritime sphere gathered for the Danish Maritime Forum in Copenhagen. Read about ING's lost OW Bunker case, struggling multipurpose carriers, and Maersk Line.

Saudi Arabia will invest billions in giant shipyard

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A giant shipyard in Saudi Arabia will supply supply the country's oil industry with tanker vessels and rigs while also helping to create more than 10,000 jobs. Saudi Aramco and Hyundai Heavy Industries are part of the joint venture behind the yard. Investments will total billions of dollars.

Last week's top stories on ShippingWatch

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Maersk's return to the controversial scrapping beaches in Alang, a time-frame for the developments toward unmanned vessels, and Maersk Line''s competitors are now noting surprising developments at the group after the split. Here are this week's top stories on ShippingWatch.

Last week's top stories on ShippingWatch

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This week was M Week. Capital M for Maersk's decision to split its businesses in two. Get an overview of the new Maersk here, along with the details concerning the verdict in a dramatic case against a Danish bunker company and the latest Hanjin developments. Here are this week's top picks on ShippingWatch.

These are the new APM Terminals CEO's biggest challenges

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A slowdown in the global economy, prestige projects currently in the doldrums, and calls for cost reductions at the organization. Add to this the latest mega-purchase which APM Terminals is forced to scrutinize due to a bribery case. There is plenty of work ahead for APM Terminals' new CEO, Morten Engelstoft.

Søren Skou's plan for the new Maersk is ready

Søren Skou Maersk Line.jpg Container:

Perhaps as early as tomorrow or Friday, Maersk's Group CEO Søren Skou will announce his plan for the new Maersk, which likely got the decisive backing from the group's board of directors during the weekend. ShippingWatch presents the first outlines of the new Maersk setup.

Shipowners and ports in direct disagreement on EU's CO2 plan

The maritime sphere in Europe is far from in agreement when it comes to limiting CO2 emissions from shipping. While the shipowners are highly critical of the European Parliament's plan to include CO2 in a cap trading system, the ports praise the proposal. "Most unfortunate," say the shipowners.

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Last week's top stories on ShippingWatch

Trendsetting companies in sectors such as tanker presented financial reports, APM Terminals opened up about the future partnership with Maersk Line, and we got to know a shipping company which usually subscribes to a great degree of discretion. This week's top picks on ShippingWatch.

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