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Danish yards: Denmark back as shipbuilding nation

Services:

Orskov Yards' result for the year is just one of several positive stories from the Danish shipyard industry. As opposed to its closest competitors the Danish yards made it through the crisis in solid form. "We're a shipbuilding nation," says Danish Maritime.


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Photo: Stena Bulk
BY TOMAS KRISTIANSEN
Published 09.01.14 at 14:05

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HSH Nordbank sells 14 distressed ships to Navios

HSH Nordbank 4.jpg Services:

For the second time since 2013, HSH Nordbank is carrying out a transaction with Greek Navios, which will acquire 14 vessels from the German bank's portfolio.

Baltic yard giant will grow 10 percent annually

Services:

After a record year in 2014, the major Polish yard Remontowa in Gdansk is prepared to continue growing by between five and ten percent a year over the next five years, says the chairman of the yard group's parent company, Piotr Soyka, to ShippingWatch.

Panalpina beat the market on ocean freight in Q1

Services:

Swiss Panalpina delivered an improved operating profit in the 1st quarter 2015, while revenue declined. Slightly improved results in ocean freight contributed to the result.

Japan's Weathernews expands in Europe

Services:

The Japanese supplier of weather forecasts and route planning for ships, Weathernews, has in three years grown from two to 15 employees at the office in Copenhagen, where the company has become one of the two biggest suppliers to shipping in Europe.

Univan: We will manage 130 ships by 2015

Services:

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.

OW Bunker fraud-suspected exec heads to Supreme Court

Services:

The fraud-suspected former executive of collapsed OW Bunker will have his extradition for criminal prosecution in Italy heard at the Supreme Court of Denmark.

Current front page

300 newbuildings blocking for healthy container industry

Zim_1.jpg Container:

The container ship orderbook must be cut in half if the balance between supply and demand is to reach equilibrium by 2019. "The industry must think radically different in order to make a profit," says Ulrik Sanders, global head of Boston Consulting Group's transport and logistics business.

New Royal Arctic Line CEO: A time of change for Greenland

Carriers:

Applying for the job as new CEO of Royal Arctic Line was a decision made with both head, heart and hands, says the coming Chief Executive of the Greenlandic-owned carrier, Verner Hammeken, in an interview with ShippingWatch. He comes from a job as Area CEO of Damco in Central Africa.

Wärtsilä hit by low oil price in the first quarter

Suppliers:

Finnish Wärtsilä's operating result grew two percent in the first quarter of the year, though the engine manufacturer did note the effect of the low oil price. Customers in shipping and offshore are hesitant, says the CEO.

Norden Chairman: Dry bulk must adjust to new reality

Bulk:

It is an illusion to believe that the nice growth rates which the dry bulk market has had in recent years will persist, Klaus Nyborg tells ShippingWatch. On Thursday, he took over the position as Norden Chairman in the worst dry bulk market known to man.

This week's top stories on ShippingWatch

Carriers:

The refugee disaster in the Mediterranean, the year's biggest shipping summit in Asia, Svitzer's salvage merger with US-based Titan, a new chairman at Norden and a CEO resignation at Maersk Supply Service were among this week's key stories on ShippingWatch.

Arctic Council will meet to discuss future strategy

Carriers:

Today, Friday, the member states in the Arctic Council will meet to discuss priorities for the next two years and to wrap up Canada's chairmanship. Sustainable energy solutions should be central to the efforts, says WWF.


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