Strike lead to large-scale layoffs

Strikes are enveloping Gothenburg, where APM Terminals will lay off 160 employees, and the Spanish ports. Once carriers have shifted cargo to other ports to minimize the impact of the strikes, customers may not want wish to return to the original port of choice.

Strikes permanently move cargo from European ports  

European dockworkers to strike in support of Spanish peers  

APM Terminals lays off 160 employees in Gothenburg

APM Terminals on layoffs: Conflict has cost one in five containers

Spanish port strike called off for multiple days  

APM Terminals Gothenburg CEO Henrik Kristensen

Shippers concerned about reefer shortage

The Global Shippers Forum is highly concerned about developments in Brazil, Latin America's largest economy, where the entire supply chain, from food exporters to warehouses and terminals, have been hit hard by a shortage of reefer containers since early 2017.

MSC gains full control of vital Brazilian reefer port  

Shippers: Reefer markets will feel the pain from carrier concentration  

Container rates skyrocket on North-South routes  

Shipowners looking to postpone ballast water regulations

Suppliers had feared it for a long time, and this week it happened that shipowners voiced a strong call to postpone the ballast water convention.

Shipowners and suppliers in open war on ballast water  

Major carriers divided on push for ballast water postponement  

IMO's hesitance in ballast water takes toll on suppliers

Oil price once again dives toward USD 40

OPEC's efforts to push the oil price up look to have failed.

After a 30-day slide the oil price is again headed for USD 40  

National Oilwell Varco to lay off as many as 170 people in Norway

Jyske Bank does not eye large values in Maersk Oil listing

Norway opens up Barents Sea for extensive oil drillings  

And don't forget all the other good stories from this past week:

MPC Container Ships could reach 50 vessels this year  

Svitzer and Rolls-Royce in partnership for remotely operated vessels  

Frank Mortensen named CEO of Maersk Broker's bulk business

Bugbee calls on competitors to join forces  

"An industry downturn is exactly what we need"  

Maersk Line in major CEO reshuffle in Singapore

New dry bulk company works solely for Noble Chartering  

Cosco will challenge European dominance on key container routes

Endofa delivers first-ever profit  

English Edit: Daniel Logan Berg-Munch