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Nordea: 2015 and 2016 will be good to shipping

HansChristianKjelsrud.JPG Services:

The shipping industry will do much better in just two years, Head of Shipping Hans Christian Kjelsrud tells ShippingWatch. Developments in offshore set to slow down.

Univan: We will manage 130 ships by 2015


Ship management looks set to face a very good year. Hong Kong-based Univan expects growth rates of 15-20 percent, says CEO Bjørn Højgaard in an interview with ShippingWatch.

DSV customers hedging themselves against rate fluctuations


While an increasing number of customers are hedging themselves against rate fluctuations, the business is also seeing signs of capacity problems from the Far East, says DSV CEO Jens Bjørn Andersen in an interview with ShippingWatch.

Pacific Basin forced to cancel sale of towage division


Pacific Basin's attempt at divesting its towage business has failed, and the company is now forced to perform a major impairment and faces a combined deficit for the first half of 2014.

DNB: Too many new ships could disrupt bulk and tanker rebound


DNB remains challenged by loans to the shipping industry, though the bank predicts improvements in 2014 and 2015. But many new ships in both dry bulk and tanker could disrupt a potential rebound, says the bank.

Monjasa Holding presents record-high 2013 result


Monjasa Holding, with subsidiaries in bunker and hotel ships for offshore wind, achieved a record-high result in 2013 and expects further improvements in the year to come.

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2M partners represent top and bottom on reliability

mscsalalah.jpg Container:

Swiss Mediterranean Shipping Company is just about the lowest ranked carrier in a new schedule reliability survey among the 20 biggest container carriers, while Maersk Line remains the most reliable carrier.

New Dan-Bunkering manager to lift Asian operations


With the appoint of several new senior executives, Dan-Bunkering wants to ensure that the company can live up to its new strategy and continue its growth ambitions. The new Head of Operations, Asia, will join Dan-Bunkering's management team.

Rosneft secured two contracts prior to sanctions


In addition to a deal with John Fredriksen's North Atlantic Drilling, state-owned Russian oil company Rosneft secured another contract just before the new sanctions came into force.

This week's top stories on ShippingWatch


2M is registered in China, the crisis in German shipping, the new Russian sanctions and their impact on shipping and shipyards, as well as several noteworthy interim reports. These were among some of the top stories on ShippingWatch this week.

Chinese lumber import in record-high 2nd quarter


Following a significant decline in the import of lumber and logs to China in the first quarter this year, the market saw a radical turnaround in the second quarter, almost reaching a new all-time high.

Pacific Basin will move tugs to the Middle East


Following the failed attempt to divest its towage business, Pacific Basin plans to move ships from Australia to the market in the Middle East.