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The 2015 shipwreck of Thorco Cloud remains unclear

Since Thorco Cloud's dramatic shipwreck over one year ago, the accident report has still not been completed, meaning that the question of liability and compensation cannot be addressed. The Danish carrier has criticized delays in the process, which falls under the responsibility of the flag states and the Indonesian authorities.

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Maersk vessels sailed under black-listed flag for final journey

Four vessels from Maersk Line sailed under black-listed flags, when on the way to be scrapped along the coast of Alang, India. The out-flagging occurred after the group sold the vessels to cash buyers. Seafarers risk paying the price, says an NGO and union.

Bulk recovery faster and stronger than expected

Growth in the dry bulk market is surprisingly strong and driven by Chinese appetite for iron ore as well as the large Capesize vessels, assesses JP Morgan ahead of the release of many third quarter reports.

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