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Italian d'Amico's Dry Cargo business gets new CEO

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Shipping group d'Amico reshuffles the management of its Dry Cargo business and appoints Cesare d'Amico as new CEO of the business unit. He hopes dry bulk is headed for recovery after years of uncertainty and volatility.

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New Job

  • Rasmus Frandsen

    New title: Director of Business Development, Houston
    New employer: Bertling Logistics
  • Lars Kastrup

    New title: Co-president og Executive Director
    New employer: Pacific International Lines

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DFDS raises its 2021 outlook

Better-than-expected freight results lead DFDS to upgrade its 2021 outlook. At the beginning of the year, the outlook was low, but the recovery has since been faster than the company expected, said DFDS.

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Greek shipowners have gained prominence among Hamburg's shipping banks

Greek shipping is a source of stable business for shipping banks in Hamburg, Germany. Greek shipowners are resilient and as important as German clients to banks such as Berenberg and HCOB. After years of hardship, however, German shipowners may be ready for a comeback, banker tells ShippingWatch.

EU to define whether shipping can be called sustainable

It will become more difficult for the maritime industry to self-govern whether or not the sector can call itself environmentally sustainable. Today, the EU presents a proposal that defines sustainable shipping for companies and investors.

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