Hanne B. Sørensen will step down as CEO of Damco and will be replaced by Klaus Rud Sejling (photo), Maersk Line's current head of the carrier's key business on the crucial East-West routes between Asia and Europe.
If carriers want to avoid potential claims from bunker suppliers and the threat of having ships arrested, they will have to go through the banks, but this will be difficult, sources tell ShippingWatch.
MAN's manipulation of fuel tests does not just date back to 2006, as it has been reported. Engines delivered several years prior have also been tampered with, according to documents accessed by ShippingWatch.
14 foreign seafarers are charged by Nigerian police of engaging in illegal trading of bunker oil. The case involves Danish bunker company Monjasa, which denies the alleged illegal activities when asked by ShippingWatch, as well as UK-based Glencore Energy.
Following an internal audit, it has surfaced that Wärtsilä is dealing with a case regarding fraud with the test results of its engines. Two percent of the engines may be affected. Employees at the company are responsible.
Some of the world's biggest customers in dry bulk and tanker, including Trafigura and Shell, criticize carriers for slacking off on the quality of crews on board vessels, according to a new report. This fact could impact safety.
Shipbroker Lightship Chartering has been sentenced to pay a little over DKK 500,000 to a former partner who now works at Maersk Broker. Lightship has also been sentenced for an email sent by owner Morten Have to the management of Maersk Broker.
A 38-year-old crew member from the Philippines has been killed in an accident on board Norden vessel Nord Quebec when the ship berthed at Troi-Riviéres in Canada. The Canadian authorities are investigating the accident.