Maersk Line will reroute vessels in order to minimize the nuisances for customers when the Spanish port workers launch their announced strike in coming weeks in protest against the government's plans to liberalize the ports.
When the new executive team is settled at APM Terminals, CEO Morten Engelstoft will set aside three days to develop a new strategy for the port company. Significantly fewer people than before will perform the task after a large reduction last year.
APM Terminals' Managing Director in the Port of Gothenburg, Henrik Kristensen, takes stock after months of conflict: 35 percent of containers are gone, a negative result for the full-year 2017 after a triple-digit loss, and major customers have left. "Now we need to fight our way back," he tells ShippingWatch.
The sulfur regulations lead to growing demand for marine gas oil, which is why the world's biggest bunker hub, Singapore, is working to introduce mass flow meters on the port's gas barges, Dr. Parry Oei, Director (Port Services), Maritime and Port Authority, tells ShippingWatch.
Although APM Terminals has already paid once for Guatemala's important Terminal de Contenedores Quetzal, the Maersk-owned port operator has accepted to pay an additional sum of money in the wake of the ongoing bribery case.
Robert Bugbee, CEO of Maersk Tankers' top competitor Scorpio Tankers, has great expectations for the Maersk family after its acquisition of Maersk Tankers. "I expect to see the Maersk family as a driving and consolidating force," he tells ShippingWatch.