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Last week's top stories on ShippingWatch

Carriers:

Shipowner Johan Wedell-Wedellsborg opened up about the sale of Stena Weco to Stena Bulk, Maersk Group CEO Søren Skou is building a new CEO Office, and the dry bulk shares have skyrocketed in 2017 so far. Here are this week's top picks on ShippingWatch.


BY SØREN PICO
Published 17.03.17 at 14:46

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Most read Carriers

Here are the world's richest shipping families

Triple E at PTP.JPG Carriers:

The shipping business has been particularly noted for creating massive family fortunes around the world. The Maersk family occupies the 2nd place on Alphaliner's list of the 21 richest shipping families.

IMF: The EU is the global economy's future growth winner

Carriers:

The EU is gaining on the US in terms of serving as the main driver of global growth.

Svitzer awarded 15-year contract in Bangladesh

Carriers:

Maersk's towage unit has won a contract to service the first floating LNG terminal in Bangladesh. The contract supports the company's ambitions to grow in the oil and gas sector.

This is how much shipowners earn on product tank

Carriers:

Eco-design ships deliver the industry's highest profits in product tank, according to a survey of several carriers' profits. But the difference is minuscule compared to traditional Danish-operated ships such as Torm and Hafnia with no eco ships yet.

Maersk boosts IT security after hacker attack

Carriers:

Maersk has installed new IT systems to secure itself better against potential cyber attacks in the future, reports Reuters.

Last week's top stories on ShippingWatch

Carriers:

Among this week's highlights were interim reports from suppliers Alfa Laval and Wärtsilä as well as an interview with Dan-Bunkering's new CEO, while DSV and the Port of Gothenburg talked about communication in relation to unique situations.

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Scorpio Bulkers cut its deficit in half in Q2

img_sect_homepage.jpg Bulk:

The New York-listed dry bulk carrier booked a net deficit of USD 13.4 million in the second quarter, almost a 50 percent reduction compared to last year. Rates stabilized in the quarter due to increased Chinese iron ore and coal output, notes the carrier.

Torm buys four MR vessels from Chinese yard

Tanker:

Product tanker carrier Torm has purchased four MR vessels from Guangzhou Shipyard International. The order comes with options for up to four additional vessels, CFO Christian Søgaard tells ShippingWatch.

Oil rises as Saudi Arabia pledges deep cut to August exports

Offshore:

Saudi Arabia said Monday that it will make deep cuts to its crude oil exports in August and encourage improved compliance with supply reductions from other petroleum exporters. The news made the oil price rise.

Rolls-Royce's Bergen Engines in huge deficit

Suppliers:

Norwegian Bergen Engines, Rolls-Royce's engine factory, has in three years lost three quarters of a billion NOK, report Norwegian media. Last year alone saw a triple-digit million deficit on the bottom line.

Employees at container carriers point to lack of career opportunities

Container:

Employees at the major container carriers point first and foremost to a shortage of career opportunities, and they are not necessarily pleased with senior management, according to new data from recruitment firm Glassdoor. The data bring good as well as bad news for Maersk Line and MSC.

Songa Offshore wins round one in dispute with DSME

Offshore:

An arbitration tribunal has ruled in favor of Songa Offshore in the protracted dispute between the drilling company and South Korean shipbuilder DSME. But the yard can still appeal the decision, writes Songa.

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