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This week's top stories on ShippingWatch

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.

Positive prospects for Maersk Line

While Maersk Line looks poised to book a profit, according to investment bank Jefferies, new challenges are brewing for years ahead, according to Bimco. And a date has been set for Hanjin's bankruptcy.

Bimco: Container fleet set to grow over the next two years

Jefferies: Maersk Line once again on track for profit

This carrier has taken over the most Hanjin vessels

Hanjin Shipping will be declared bankrupt on Feb 17

German union demands job guarantee from Maersk Line

Singapore and Danish flags benefit from new Maersk fleet

Japanese container carriers hit with deficits in 2016

 

Oil price still hurts

The consequences of downturns in the oil price are far from over with. Layoffs and divestments of fields are on the agenda.

Shell divests North Sea assets for USD 3.8 billion

Maersk Energy considering sale of Brazilian activities

All Rolls-Royce Marine employees in Norway offered severance packages

 

Billion-dollar market begins to surface

It seems that a battle is brewing over the impending market for ballast water management systems.

Fight for billion-dollar ballast water market is underway

Consultants: Downturn could halt ballast water market

 

Fredriksen's battle

Big John, AKA John Fredriksen, is fighting multiple battles at the moment. He is battling for the survival of the world's once-largest rig company Seadrill, and he is also fighting to take over DHT.

John Fredriksen is racing against time to save his empire

Fredriksen takes aim at former Seadrill management

John Fredriksen to create new Norwegian tanker behemoth

Seadrill working actively on contingency plans for the company

Impairments made DHT Holdings' profit dive in 2016

Media: Seadrill's debt has reached USD 14 billion

Analysts: Surprising move if DHT accepts Fredriksen's offer

 

Major banks take a hit

Danske Bank and DNB hit by oil slump in 2016

JP Morgan believes in improved shipping markets after 2018

 

Too many chemical tankers

Drewry: Chemical tankers facing two tough years

Stolt-Nielsen weighs spin-off of chemical tanker business

Stolt-Nielsen: Growing fleet strains chemical tanker segment

 

 

 

Investigation launched into sunken Maersk vessels

German shipowners are frequent scrapyard users

IMO Secretary General maintains EU criticism in CO2 dispute

Frontpage right now

Lauritzen CEO: On the right track, but it will take time

Dry bulk carrier J. Lauritzen finished the third quarter with an operating deficit of USD 9.8 million. Positive with a better dry bulk market, but the carrier is still some way off from turning a profit, CEO Mads Zacho tells ShippingWatch.

Monjasa's fate in fraud case will be decided Monday

On Monday, Denmark's Western High Court will issue its verdict in the protracted fraud case against Danish bunker company Monjasa and founder Jan Jacobsen. The appeal case brought new witnesses and evidence from the defense which maintains the innocence of its clients.

Hafnia Tankers books another deficit in tough market

Denmark based product tanker carrier Hafnia Tankers booked red figures on the bottom line in the third quarter, much like many of its competitors. The carrier has now lost USD five million in the first nine months of 2017, but believes that better times lie ahead.

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