Oceansaver's market disappeared after the IMO postponed the implementation deadline this summer for the ballast water requirements, CEO and Chairman Kjetil Bruun-Olsen tells ShippingWatch. The postponement hurts first movers, says association Danish Maritime.
The flight ban against the Super Puma helicopter should be maintained even though European authorities have lifted their ban, according to unions for Norwegian oil workers, which are now demanding the ban be maintained in a letter to the country's minister of transport.
Is it possible to hide an elephant in a cupboard? ShippingWatch has obtained Dynamic Oil Trading's 2013 annual report and examines the results in the article below. Would the investors have bough shares in OW Bunker if they had read the following? Judge for yourself.
Robert Bugbee, CEO of Maersk Tankers' top competitor Scorpio Tankers, has great expectations for the Maersk family after its acquisition of Maersk Tankers. "I expect to see the Maersk family as a driving and consolidating force," he tells ShippingWatch.
Maersk Line has for the first time quantified its growth ambitions for Hamburg Süd, a takeover transaction the carrier is expected to complete before long. "It's a long-term ambition, but there's no doubt that our expectations are high," COO Søren Toft tells ShippingWatch.
The Maersk Group's sale of its tanker unit to the Maersk family made headlines on ShippingWatch this week. Top stories also included a bankruptcy in the ballast water market and revolt among Seadrill's bondholders.