Login
North_Stealth.jpg

Danish Ship Finance could be hit by proposed EU legislation

Services:

A large majority in a special committee of the European Parliament thinks that vessels could be more risky as securities than property and recommends that the EU legislation be revised.


BY OLE ANDERSEN
Published 04.07.17 at 14:50

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Services

Lukoil looking to get rid of trading unit amid legal battle

Lukoil.jpg Services:

Oil company Lukoil is prepared to sell its trading unit Litasco, CEO tells local media. Litasco was this week hit by compensation claims for USD 2 billion filed by a Turkish company.

Kuehne + Nagel heralds more acquisitions

Services:

Transport and logistics firm Kuehne + Nagel is hosting its capital markets day in London, and the group has heralded news about its strategy plan.

Norway's central bank projects surge in oil investments

Services:

In a new report, the Norwegian central bank bolsters its faith in coming investments by the oil sector. More newbuild projects in particular spur the bank to raise its forecast.

Inchcape CEO steps down with immediate effect

Services:

Without providing any specific reason, Claus Hyldager has stepped down as CEO of London-based but Arabian owned Inchcape. Hyldager has served as chief executive for nine years and spearheaded a massive expansion of the company.

Maersk Broker has never before sold this many vessels

Services:

The Maersk family's brokerage firm maintains its forecast for an improved result compared to a weak 2016, CEO Anders Hald tells ShippingWatch. Though there is solid activity in buying and selling, it is still happening at very low prices, he says.

Maersk spending millions to keep struggling Damco afloat

Services:

Maersk has been forced to inject USD 451 million into the group's problematic logistics unit Damco. The figure corresponds more or less to Damco's combined losses from the past five years.

Current front page

Bugbee: Maersk family will drive tanker consolidation

IMG_3322.JPG Tanker:

Robert Bugbee, CEO of Maersk Tankers' top competitor Scorpio Tankers, has great expectations for the Maersk family after its acquisition of Maersk Tankers. "I expect to see the Maersk family as a driving and consolidating force," he tells ShippingWatch.

Transocean books million-dollar impairment on six rigs

Offshore:

Transocean will now retire several rigs which had already been cold stacked, says the world's largest rig company in a press release.

Maersk Line harbors great ambitions for Hamburg Süd

Container:

Maersk Line has for the first time quantified its growth ambitions for Hamburg Süd, a takeover transaction the carrier is expected to complete before long. "It's a long-term ambition, but there's no doubt that our expectations are high," COO Søren Toft tells ShippingWatch.

Lukoil looking to get rid of trading unit amid legal battle

Services:

Oil company Lukoil is prepared to sell its trading unit Litasco, CEO tells local media. Litasco was this week hit by compensation claims for USD 2 billion filed by a Turkish company.

Norway's central bank projects surge in oil investments

Services:

In a new report, the Norwegian central bank bolsters its faith in coming investments by the oil sector. More newbuild projects in particular spur the bank to raise its forecast.

This week's top stories: Maersk Tankers, ballast water, Royal Arctic Line

Carriers:

The Maersk Group's sale of its tanker unit to the Maersk family made headlines on ShippingWatch this week. Top stories also included a bankruptcy in the ballast water market and revolt among Seadrill's bondholders.

ADVERTISEMENT
ADVERTISEMENT

Vacancies

ADVERTISEMENT