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New US sanctions against Russia could impact oil sector

Carriers:

New legislation in the US could impede Trump's campaign for eased sanctions against Russia, report several media.


BY OLE ANDERSEN
Published 16.06.17 at 14:09

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Most read Carriers

Smedegaard aims to land two acquisitions this year

DFDS CEO Niels Smedegaard 2-version1 Carriers:

The second quarter was historically good for DFDS which also bought new vessels during the period. CEO Niels Smedegaard tells ShippingWatch that there are two acquisitions in the pipeline, which he hopes to land this year. "It is a nice situation to be in," he says.

Here is an overview of the Maersk Group Q2 results

Carriers:

Maersk Line grew, benefiting from a strengthened container freight market, while major impairments at Maersk Tankers and APM Terminals dragged the group's overall results down. And the hacker attack came at a high price.

Svitzer will sell 11 laid-up vessels

Carriers:

The Maersk Group's towage company Svitzer will sell 11 laid-up vessels which have no prospect of securing work at sustainable prices due to market overcapacity.

DFDS delivers Q2 pre-tax profit of DKK 495 million

Carriers:

DFDS increased its operating profit by 12 percent in the second quarter to DKK 495 million, according to the interim report. "We are pleased with our steady progress and remain on track to improve on the record result of last year," says CEO Smedegaard.

Here are the world's richest shipping families

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.

Media: The costs of Maersk's hacker attack could be sky-high

Carriers:

At the beginning of August Maersk is still battling with the aftermath of the major cyber attack which struck the group at the end of June. The bill could be huge, reports New York Times.

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Smedegaard aims to land two acquisitions this year

DFDS CEO Niels Smedegaard 2-version1 Carriers:

The second quarter was historically good for DFDS which also bought new vessels during the period. CEO Niels Smedegaard tells ShippingWatch that there are two acquisitions in the pipeline, which he hopes to land this year. "It is a nice situation to be in," he says.

Jan Rindbo: Dry bulk rates must rise to ensure profit

Bulk:

They have seen the highest dry bulk rates in four years but it is still not enough, Norden CEO Jan Rindbo tells ShippingWatch. The carrier's bright spot came in the form of the struggling tanker segment.

Alphaliner: APM Terminals could be leaving India

Ports:

An Indian newspaper reports that APM Terminals is preparing to sell its large stake in port Gateway Terminals India. If the sale happens, it could indicate that APM Terminals is on track to leave India entirely, writes Alphaliner in an analysis.

Svitzer will sell 11 laid-up vessels

Carriers:

The Maersk Group's towage company Svitzer will sell 11 laid-up vessels which have no prospect of securing work at sustainable prices due to market overcapacity.

Weak offshore market drags down Boskalis

Services:

Dutch Boskalis was hit by the weak offshore market in the first half of the year, as the net result dropped almost 50 percent to EUR 75.1 million compared to last year.

Maersk Drilling wins contracts for three rigs

Offshore:

Maersk Drilling has landed contracts and secured more work for three of its drilling rigs. One is a new contract while two are extensions on current projects.

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