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Mads Zacho 4.jpg
Photo: J. Lauritzen

This is how Mads Zacho will head J. Lauritzen

Bulk:

J. Lauritzen's new CEO has presented himself as a leader to his employees, and he has in every way possible challenged the traditional idea of how a man in finance would lead a company.


BY TOMAS KRISTIANSEN
Published 18.10.16 at 13:42

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Most read Bulk

Thorco chairman: German banks are monopolizing the market

Thorco3.jpg Bulk:

The multipurpose carrier Thorco Projects is working to create an alternative to new and large companies in Germany, where the banks have boosted an industry consolidation, says chariman.

Bank sees two outcomes for dry bulk i 2017 – both end well

Bulk:

Either the dry bulk rates will rise this year or the supply of vessels will decline, enabling rates to go up next year instead. Regardless of the journey to get there, the future looks bright for struggling bulk carriers, according to J.P. Morgan and Danske Bank.

Analysts: Dry bulk shares will be winners in 2017

Bulk:

After a brutal start to 2016, it now seems that 2017 will be a much better year for dry bulk carriers such as Norden and Golden Ocean, which currently boast positive recommendations from Danske Bank as well as Clarksons Platou.

Analyst firm calls off dry bulk boom in 2017

Bulk:

The recovery seen late last year was not the beginning of a comeback for the dry bulk market, warns Maritime Strategies International. The analyst firm projects yet another year of low rates, for Capesize and Panamax in particular.

Intermarine bets big on 23 newbuildings

Bulk:

US-based multi-purpose carrier Intermarine, which merged with Scan-Trans in 2012, has changed its business model and now holds the sector's largest orderbook. Too much poor tonnage in the market, says Ask Michael Munck, Managing Director Worldwide Chartering Services, Intermarine, in an interview with ShippingWatch.

Oldendorff Carriers remains in the black in 2014 and 2015

Bulk:

ShippingWatch interviews chairman Henning Oldendorff on how one of the world´s largest drybulk operators avoids deficits operating in an industry where even solid competitors are struggling.

Current front page

Countdown to the alliances' battle for Asia-Europe

hamburgsud4.jpg Container:

The container carriers divided themselves into three major alliances during 2016, and in April these alliances will start to battle it out on the industry's key tradelane from Asia to North Europe. SeaIntel tries to pick a winner among 2M, Ocean Alliance, and The Alliance.

Thorco chairman: German banks are monopolizing the market

Bulk:

The multipurpose carrier Thorco Projects is working to create an alternative to new and large companies in Germany, where the banks have boosted an industry consolidation, says chariman.

ECSA sees one upside to the EU's scrapping regulations

Carriers:

The European Community Shipowners' Associations, ECSA, has voiced fierce criticism toward the EU's list of approved ship recycling facilities. But the association is now taking a more positive stance, viewing the list as a means that can help ensure implementation of the Hong Kong convention.

Oil output is diving – but what about the US?

Offshore:

The countries behind the agreement to reduce the oil output have so far been able to cut production by 1.5 million barrels per day. This happens while the number of active oil rigs in the US is on the rise, notes Global Risk Management.

Citigroup kicks off sale of HSH Nordbank

Suppliers:

The efforts to find a buyer for German shipping bank HSH Nordbank are now officially underway, states Citigroup, which is handling the sale, in a statement Monday.

Svitzer increases activities in Brazil

Carriers:

Svitzer will more than double the number of tugs under Brazilian flag, so that the fleet will reach ten vessels by the end of the year. The Maersk Group's carrier is also expanding its Brazilian business, which has secured two new execs.

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