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Bourbon sells off major part of its fleet

Migrated Articles:

The French offshore shipping company has held a billion-dollar fleet sale. The plan is to retain the vessels on bareboat charter, reveals a press release.


BY KATRINE GRØNVALD RAUN
Published 10.04.13 at 18:18

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Most read Migrated Articles

Empty containers cost Maersk Line USD 1 billion a year

Maersk Containers Qingdao - 011.jpg Migrated Articles:

The imbalance between the global markets forces Maersk Line to sail around with 4 million empty containers a year, and there is no immediate solution to the problem, says the shipping company to ShippingWatch.

Competitors go after Maersk where it hurts

Migrated Articles:

The competition has adopted Maersk Lines' own recipe for succes and is now successfully using it against the world's largest container carrier, which has now lost its number one position as the world's most reliable carrier, according to Drewry. "Surprising," says analyst Ricky Rasmussen, Nykredit Markets.

Singapore attracts several Danish companies

Migrated Articles:

Approximately every second month a new Danish company opens an office in Singapore, usually within the maritime or offshore industries. The companies are attracted by the growth and shipping environment.

The von Appens expand in Copenhagen

Migrated Articles:

The Chilean von Appen family operates approximately 120 ships within the gas and bulk sectors from its Copenhagen offices. And a further expansion is under way, board member in the group’s Danish companies Carsten Haagensen reveals.

Drunkenness behind Svitzer sackings

Migrated Articles:

The two sackings which have caused the tug boat crews in Liverpool to vote yes to a coming strike were a result of suspicions of drunkenness. The strike may have an impact on operations in the entire Port of Liverpool.

Royal Arctic Line negotiating with major Polish shipyard

Migrated Articles:

The shipyard Remontova in Gdansk seems the front-runner in taking over the largest Royal Arctic Line newbuilding order so far, which stranded at a German shipyard following a bankruptcy in 2012. The carrier has major expectations to activity increases in Greenland.

Current front page

Major customers criticize carriers' crewing standards

7501007186_4e7b5c4e2a_h.jpg Carriers:

Some of the world's biggest customers in dry bulk and tanker, including Trafigura and Shell, criticize carriers for slacking off on the quality of crews on board vessels, according to a new report. This fact could impact safety.

Lightship loses dramatic court case to former partner

Services:

Shipbroker Lightship Chartering has been sentenced to pay a little over DKK 500,000 to a former partner who now works at Maersk Broker. Lightship has also been sentenced for an email sent by owner Morten Have to the management of Maersk Broker.

Seadrill CEO: We will likely end up in court

Offshore:

CEO Per Wullf expects that Seadrill will have to go to court to apply for receivership as the company does not believe that all its bondholders will agree to the new recapitalization proposal.

Oil countries extend production cuts

Offshore:

Members of OPEC and several other oil producing countries reached an agreement to extend reductions on oil production. However there are indications that the market expected more from the extension.

Death on Norden vessel being investigated

Bulk:

A 38-year-old crew member from the Philippines has been killed in an accident on board Norden vessel Nord Quebec when the ship berthed at Troi-Riviéres in Canada. The Canadian authorities are investigating the accident.

Rickmers Maritime Trust completes first sale of vessels

Container:

Rickmers Maritime Trust has now completed the sale of the five first vessels to Greece's Navios, which has agreed to buy a total of 14 vessels.

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