Log in Create User
Sign up for ShippingWatch newsletter
Most read Services

Niras looking to create more ports in West Africa

Niras_Togo.jpg Services:

Consulting engineers Niras has established a solid presence in West Africa with projects that include developing the port in Lomé, Togo, for MSC. The market is lucrative, but the business needs to grow even further, the company tells ShippingWatch.

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.

Commerzbank divesting container ships


Major German bank Commerzbank has sold nine container ships as part of the bank's efforts to limit its massive lending exposure to shipping. The bank has divested a total of 70 ships this year.

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.

Niras looking to make billions on wind turbine scrapping


The market for scrapping offshore wind turbines looks set to become big in the coming years. Engineering company Niras is looking to enter this market with a new tool for scrapping that will be developed in collaboration with Maersk and others.

This is why V. Ships is opening an office in Denmark


Peter Abildgaard, whose professional background includes Torm and Navig8, has been chosen to head ship management company V. Ships' new office in Copenhagen. Even though the carriers are under pressure, the market remains active, he says, and outsourcing is no longer a remote notion.

Current front page

Global Ports is losing revenue

PLP7-Full.jpg Ports:

Russian Global Ports, of which APM Terminals owns approximately one third, lost revenue as well as profit in the first six months of the year.

MAN Diesel & Turbo fighting for every single order


Engine supplier MAN Diesel & Turbo is experiencing a highly competitive market. Following a lower revenue last year and a very quiet 2014 so far, the company now expects a slower growth from next year, Man Diesel & Turbo CEO Thomas S. Knudsen tells ShippingWatch.

Halliburton next to axe employees in Norway


Halliburton is now also resorting to layoffs in Norway, and the company expects a challenging market for the rest of 2014 and into 2015.

Platou: Look out for two aspects of Maersk Oil


When the Maersk Group hosts its Capital Markets Day next week, there will be things worth looking out for, especially in terms of Maersk Oil, says Platou.

BW Group strengthens its LNG fleet


BW Group has ordered two new LNG vessels including options for more. The move pushes the carrier's LNG fleet to 20 vessels, according to LNG World News.

China ready to surpass Triple-E


China Shipping Container Lines will launch its 400-meter ship this November, according to Bloomberg. The ship will beat Maersk Line's Triple-E series by one meter in length.