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Univan: We will manage 130 ships by 2015

Bjorn.jpg 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.

Presenting the new IUMI President's agenda

Services:

Dieter Berg of insurance company Munich Re was elected new President of the International Union of Marine Insurers, IUMI, in September. Read on to learn which challenges he sees for the industry going forward.

CEO: Damco back in black next year

Services:

Damco's the top line has improved during the past year, though the company's bottom line did not follow in step. But it will next year, where CEO Hanne B. Sørensen expects a profit, she tells ShippingWatch.

Media: German banks at risk of failing stress test

Services:

The European Central Bank will demand that German shipping banks perform additional impairments of 10-20 percent on their lending, according to the Financial Times.

DNV GL's marine business grows

Services:

The merger between DNV and GL strengthened the company's result in the first half of the year. The marine business grew in a difficult market, says CEO Henrik Madsen.

Lloyds sells shipping loans for USD 500 million

Services:

British bank Lloyds Banking Group is selling off its shipping loans, divesting loans for a total USD 500 million, according to Reuters.

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ATP: OW Bunker has breached our trust

OW Bunker ventil håndtag Suppliers:

One of the largest investment funds in Europe, Danish ATP, now levels an unusually harsh critique against OW Bunker's executive management team. "The management has caused a breach of trust," ATP's Head of Equity Claus Wiinblad tells ShippingWatch.

Presenting the new IUMI President's agenda

Services:

Dieter Berg of insurance company Munich Re was elected new President of the International Union of Marine Insurers, IUMI, in September. Read on to learn which challenges he sees for the industry going forward.

IBIA: IMO takes a step forward on bunker

Suppliers:

The International Bunker Industry Association, IBIA, is pleased with the IMO's discussion on bunker quality. "The measures will improve the situation," says IBIA chief executive Peter Hall.

This week's top stories on ShippingWatch

Carriers:

Danish candidate enters the race to become IMO Secretary General, OW Bunker's new downgrade and Turkish Yildrim's European acquisition plans took center stage this week, alongside numerous other stories on ShippingWatch.

Shipowners criticize the EU for lack of port ambitions

Carriers:

The EU Council lacks ambitions for the ministers' own ports, says the European shipowners' association in a critical statement before the EU Commission's third attempt at approving an already watered down proposal.

Marorka prepares for strong growth

Suppliers:

Icelandic energy vessel management company Marorka aims for a strong growth in the years to come, the company's new CEO Ole Skatka tells ShippingWatch. The company is opening more offices and has recently established a branch in Denmark.


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