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Last week's top picks on ShippingWatch

Maersk voiced fierce criticism of scrubbers, while North Korean laborers at Polish shipyards caused a stir. Here are this week's top stories on ShippingWatch.

Why Maersk will not use scrubbers

According to Maersk, there are many good reasons why scrubbers should not be used as the solution to the coming global sulfur cap. Poor economy and a risk of cheating are just two reasons, said Marc Refsø Holm, Leader of Maersk Oil Trading's US Fuel Desk.

Maersk says it is not being political about sulfur approach

Maersk: Scrubbers are costly and allow for cheating

"There are several risks and pitfalls surrounding scrubber technology"

Klaveness says no thanks to scrubbers after test

Suppliers puzzled by Maersk's scrubber criticism

Maersk says it is not being political about sulfur approach

North Korean forced labor at Polish shipyards

North Korea laborers may have helped build a series of state-of-the-art and costly vessels for Maersk, confirmed Maersk Supply Service to ShippingWatch after a Polish yard was revealed to be using North Korean workers.

North Korean laborers may have worked on Maersk vessels

"It's very difficult for us to resolve this issue"

 

South Africa cleared Maersk Line's Hamburg Süd acquisition...

South Africa clears Maersk's purchase of Hamburg Süd

while banks in New York pointed to a wholly changed market for ship finance.

Banks: Ship finance has been changed for ever

ECSA appointed a new Secretary General...

ECSA picks Dutchman as its new Secretary General

and former J. Lauritzen CEO Torben Janholt placed all Pioneer Marine's dry bulk vessels under management with Denmark's Baltnav

Pioneer Marine places its dry bulk vessels under Baltnav

Don't forget:

Maersk Supply Service appoints new CFO

GC Rieber is waiting for the chance to expand

DSV's new cyber policeman has carte blanche to catch hackers

Frontpage right now

Diamond S pulls 18 vessels out of Norden's tanker pool

Diamond S Shipping, controlled by current US Secretary of Commerce Wilbur Ross, is pulling its vessels out of Norden's tanker pool and Scorpio for strategic reasons. "Not a problem for us," says Søren Huscher, CEO of Norient Product Pool.

The extensive Monjasa fraud case to begin Monday

It cost Monjasa founder Jan Jacobsen a prison sentence of 3.5 years and a DKK 10 million fine for the firm when they were convicted of extensive fraud last year in a municipal court in Denmark. Now the appeal case will begin at the Danish national court Vestre Landsret.

Bulk shares have surged in 2017

Investors are now also thought to believe in a stable recovery in bulk, where the largest shares have been through significant price increases throughout 2017. One carrier in particular has experienced a huge price increase.

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