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Euronav's profits deteriorated significantly in 2016

Major Belgian tanker carrier Euronav emerged from 2016 with a 42 percent lower result than the year prior. The fourth quarter disappointed and 2017 will be a tough year, says CEO Paddy Rogers.

CEO i Euronav Paddy Rodgers

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SSY after Danish acquisition: "Hopefully 2+2=5"

Getting a foot in the door of Danish shipping was decisive for UK-based shipbroker Simpson Spence Young, which on Friday acquired Denmark's Bidsted & Co. "We're a good match," Chairman Mark Richardson tells ShippingWatch.

MSC to increase capacity of 11 vessels at Chinese yard

Container carrier MSC has signed a deal with a Chinese shipbuilder to increase the length of its 11 container ships, to boost their capacity to 17,000 teu. Competitor CMA CGM has also made a deal with the same yard, report several media.

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