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André Risholm, CEO of Amon Maritime, and Morten Christophersen, CEO of Econnect Energy | Foto: Amon Maritime og Econnect Energy

Azane Fuel Solutions was created during the pandemic using Teams

Azane Fuel Solutions was established in the middle of the pandemic. Digital meetings and planning over the phone proved no obstacles for top execs at Amon Maritime and Econnect Energy during the start-up. Now they have to set up bunkering terminals for ammonia in two and a half years.

New suspected attack on freight vessel in Gulf of Oman

Foto: RULA ROUHANA/REUTERS / X07390

Reports of a freight vessel being hijacked in the Gulf of Oman leads to new accusations between Iran and the West following a series of attacks on the merchant fleet in the region. The hijacking may already have been resolved, according to various media.

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Ten pirates sentenced to years in prison in Nigeria

The hijacking of a Chinese fishing boat in 2020 has resulted in ten pirates being sentenced to 12 years in prison in Nigeria. The government asked the court to send a strong signal that piracy in the Gulf of Guinea will not be tolerated, writes security firm Dryad Global.

Maersk estimated to have war chest in the range of USD 30 billion

The funds will not be used for more vessels, but what then is Maersk planning to spend the estimated USD 30 billion in its war chest on following the announcement that the full-year result in 2021 will be significantly higher than what was expected just a couple of months ago?

BP's sales grow, earnings drop

The oil giant wasn't able to keep pace with 2021's first quarter, though the company remains far ahead of its USD 17.5 billion deficit from the second quarter of 2020.

Maersk upgrades its full year expectations massively

On the back of the historic upturn in the global container market, Maersk upgrades its guidance for its 2021 operating profit by USD 5 billion. The global demand is expected to grow with up to eight percent this year, according to the carrier.

Scan Global Logistics closes in on new acquisition

Scan Global Logistics expects to land a new acquisition within the next six to ten weeks. In the meantime, the logistics company is opening two new offices in South Africa. The timing is right, CEO tells ShippingWatch.

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