In the future Torm will no longer enter into traditional collaboration pools, however, the company will remain in the current collaboration with Maersk Tankers, stresses chairman of the board, Flemming Ipsen.
One of the largest individual shareholders in Maersk, Danish ATP, believes that the Maersk group should be more consistent and divest non-core business activities, the pension fund said at its general assembly today.
Shipping companies should pay heed to IMO’s demands and change to LNG as soon as possible, DNV’s Head of Maritime Advisory, Henning Mohn, tells Shippingwatch at the Sea Asia 2013 in Singapore. It is the cheapest solution in the long run, he believes.
The European governments in the EU have reached consensus on adopting some preliminary rules for transparency in oil and gas companies. The rules are similar to those the U.S. imposed upon its companies last year involving data on payments to foreign governments.
When the largest vessel ever from a Chinese shipyard docks in Hamburg today, Thursday, it is but the latest example of the troubled times for major container companies, according to Danmarks Skibskredit’s new biannual analysis.