Maersk Tankers will be separated from the Maersk Group and become an independent company as part of the move to split the conglomerate in two. The process is spearheaded by Christian Michael Ingerslev (photo), who will guide the carrier through the divorce.

This man will steer Maersk Tankers through the divorce

Jan Mechlenburg, until recently executive vice president at Hafnia Tankers, has from the turn of the year left the tanker carrier he helped found together with several former Torm executives.

Key figure and co-founder leaves Hafnia Tankers

Hyundai Merchant Marine (HMM) forms a new alliance with the two South Korean container carriers Heung-A Shipping and Sinokor on the intra-Asian routes after the recent failed attempt to join Maersk Line and MSC's 2M alliance.

Hyundai targets Asia after failed 2M inclusion  

"This should not necessarily be seen as a defensive move by Hyundai"  

Korea Line owner votes against Hanjin asset purchase  

Asia's shipping lines are facing more mergers  

Media: South Korea will get a new container carrier  

Korea Line owner votes against Hanjin asset purchase

Several of the major New York-listed dry bulk carriers opened the year's first trading day with significant rate increases. Scorpio Bulkers and Star Bulk Carriers led the surge.

Bulk carriers kick off 2017 with share price leaps

Alphabulk: 2016 was the worst year ever for dry bulk  

Drewry: Multipurpose rates held down by bulk and container  

Banks prepare for next round of consolidation in multipurpose  

Owner used subsidiary to aid J. Lauritzen through 2016  

Dry bulk shipowner weighs purchase of four VLGCs

30 North Sea rigs on the British and Norwegian shelf look like candidates for scrapping, Nordea Markets tells ShippingWatch. Only one rig was scrapped last year.

30 rigs in the North Sea are candidates for scrapping  

Helicopter company has faith in North Sea deal