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Foreign companies go free in Icelandic cartel case

The competition authorities in Iceland are currently only focusing on Eimskip and Samskip in a protracted case about secret pricing agreements. Previously, the authorities indicated that there might be a connection to companies outside the country.

Last week's top stories on ShippingWatch

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The comeback of a shipowner who once faced bankruptcy, a new minister for Danish maritime, billions in costs for Maersk after the closure of a container factory, a squeezed tanker sector and the escalating trade war was among the week's top stories at ShippingWatch.

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Prosecutor also appeals verdict in OW Bunker case

Following Lars Møller's appeal of his 1.5 years prison sentence in the OW Bunker case, the Danish Attorney General's office has decided to follow suit. The Danish High Court is now free to review the case again.

DFDS faces acute shortage of IT employees

Despite its status as one of Denmark's biggest shipping companies, DFDS is struggling to attract employees for its IT division, which employs 250 people. "Difficult and annoying," says the company. "A general trend," notes Danish Shipping.

China preparing tough response to US tariffs

The US's individualist trade policy will ultimately harm the country's own workers and farmers, says Chinese spokesperson at a press conference. China will take action to defend its own interests.

Maersk Group appoints new CFO

A.P. Moeller-Maersk has found its new CFO after Jakob Stausholm stepped down earlier this uear. The new CFO comes from the Swedish business sphere.

Wilbur Ross accused of insider trading in Russia case

US Commerce Secretary Wilbur Ross denies allegations that he engaged in insider trading when he short sold stock in Navigator Holdings a few days before a story emerged that the shipping company was linked to associates of Vladimir Putin.

CMA CGM acquires Finnish logistics company

CMA CGM buys family-owned logistics company Containerships in a move that will strengthen the French liner major on North European shortsea routes, including in the Baltic Sea.

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