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Are you up-to-date with the most important events in the international shipping industry from the past week? Have a crack at our new quiz and get the chance to win an iPad Mini.

Semco Maritime receives fresh capital after two tough years

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Semco Maritime has received a capital injection of DKK 150 million from owner C.W. Obel. The company has been hard hit by low oil prices in recent years, and the capital increase is happening, according to Semco CFO Jørgen D. Gade, in order for new strategy to be realized.

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.

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.

Nordea impairs value of its oil loans

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Major Scandinavian bank Nordea has downgraded its shipping and oil loans by EUR 200 million in the third quarter. According to a press release following the third quarter results, the offshore market in particular is weighing the industry down.

Last week's top stories on ShippingWatch

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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.

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

hanjin3.jpg Carriers:

The collapse of South Korea's Hanjin Shipping and the severe problems caused by the receivership for the container carriers' customers in particular, alongside the final ratification of the IMO's ballast water convention, took center stage this week on ShippingWatch.

Last week's top stories on ShippingWatch

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Royal Arctic Line revealed that the carrier is prepared to give up its monopoly on seafreight to and from Greenland, the LPG players published results weighed down by the low rates, and financial figures show UASC holding a massive deficit ahead of merger with Hapag-Lloyd. Here are some of the key stories this week on ShippingWatch.

Thousands of employees have left Maersk

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The crisis in the shipping and energy sector is impacting every core business at the Maersk Group, and the company has now calculated how many jobs are disappearing. Read on to learn how many employees have departed from the Danish conglomerate.

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Last week's top stories on ShippingWatch

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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Test your ShippingIQ

Are you up-to-date with the most important events in the international shipping industry from the past week? Have a crack at our new quiz and get the chance to win an iPad Mini.

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Court declares Mitsui liable in dramatic wreck

A court has ruled that Japan's largest carrier, Mitsui OSK Lines, and not shipbuilder Mitsubishi, is responsible for the wreck of container ship MOL Comfort, in which the ship broke in two. A milestone in the case, says lawyer Jesper Windahl, Windahl Sandroos & Co., who anticipates several new claims.

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