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Major creditor: 2017 will be worse for offshore carriers

The market for offshore vessels will not improve in 2017. Rather the opposite, CEO of Norwegian guarantor Giek, which has provided guarantees for debt to the sector totaling USD 3.1 billion, tells Dagens Næringsliv.

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Torm and Ardmore: Oil peak will arrive late

The demand for oil will undoubtedly peak. The question is when and who will feel it first. ShippingWatch has interviewed the CEOs of Torm and Ardmore about the situation for product tanker carriers.

Confusion at Lavaretus after mass resignation of Copenhagen staff

It came as a complete surprise to the founders of Lavaretus when the entire Copenhagen office recently resigned to instead join a competing firm. According to ShippingWatch's sources, there is no immediate clarification about the office's future. Maersk, a key customer, remains calm.

Container market uncertainty puts pressure on share prices

A share such as Hapag-Lloyd's ought to have surged in the wake of the positive quarterly result recently published, writes Drewry. The analysts find that several factors are impeding the stock's potential, one of which affects the industry as a whole.

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