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Shipping crisis still weighs down Germany's NordLB

Norddeutsche Landesbank has improved its bottom line by more than EUR 300 million, but problems in the German shipping industry are still dragging down the bank. Altogether, the bank's exposure against shipping stands at EUR 15.9 million.

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The solution to one shipping climate challenge could exacerbate another

The upcoming global sulfur directive is designed to solve a pollution issue, but the regulations look set to significantly exacerbate another problem. "It's not free for the environment," says a bunker consultant. It is the price that has to be paid to reduce sulfur emissions, says supplier Haldor Topsøe.

New shipping fund buys first container ships

Investment company Navigare Capital Partners has acquired three container ships for its shipping fund. The company invests money for three Danish pension funds and the Maersk family.

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