ShippingWatch

Ardmore appoints new chairman

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The tanker carrier's current chairman will step down from his position at the turn of the year. His replacement has been found within the board.

Norwegian shipping bank doubles its portfolio in strong year

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Shipping bank Maritime & Merchant has experienced strong growth in 2018, when the bank's portfolio at the end of the third quarter had climbed to a little over USD 200 million. More growth and an IPO are key objectives in the coming year, CEO Halvor Sveen tells ShippingWatch.

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ONE to charge fuel surcharge for Chinese ECA zones

The Japanese liner company will, starting next year, charge a fuel surcharge on routes calling in several major Chinese port regions, where China is set to establish emission control areas with a 0.5 percent sulfur cap.

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Bunker company in Singapore being liquidated

Bad news keeps emerging from the strained bunker sector, in which bunker company Coastal Oil Singapore, a local player in the world's largest bunker port, is now in the process of being liquidated.

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Torm looking for new CFO

Danish tanker carrier Torm's CFO Christian Søgaard-Christensen has expressed a wish to resign, and the carrier has thus started looking for a replacement for the position.

Trade peace tops Norwegian shipowners' wish list for 2019

Peace rather than trade war between China and the US is one of the most important issues for Norwegian shipping in 2019, CEO Harald Solberg tells ShippingWatch. A re-escalation of the trade war will have major consequences for one segment in Norwegian shipping in particular.

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