Concordia Maritime opts for pan-Nordic business set-up

Tanker shipping company Concordia Maritime moves its operations from Sweden to Denmark, although CEO Kim Ullman stays in Gothenburg. The next move could be a listing on the Oslo Stock Exchange. ShippingWatch has interviewed Ullman about the new set-up.

Shipping companies pledge to work for gender equality


A new initiative from Danish Shipping aims to increase the number of women in shipping. 15 companies will on Thursday have signed a charter in which they pledge to work actively toward gender equality. The goal is to ensure that three out of four Danish shipping companies have signed the charter within in the next year.


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Court releases two arrested rigs

Wednesday, a Danish court released two rigs at the center of a dispute between shipyard MARS and US investor Tom Clarke. ShippingWatch reported earlier in January that the parties had settled the dispute.


Blue Water Shipping banks on Caribbean oil boom

The Danish transportation and logistics company is opening an office in Guyana to benefit from a developing oil market, where Blue Water has collaborated for a few years with ExxonMobil, which has drilled into a big deposit in the country's waters.

Altor to take Wrist to next level prior to exit

Private equity fund Altor wants to reap the last rewards from many years of acquisitions and investments in Wrist before the fund approaches its heralded sale of the company. Among other things, challenging integration of a major acquisition has affected sales plans, Altor partner says.

Eagle Bulk sees scrubbers as the biggest opportunity this year

Almost all of Eagle Bulk's fleet has been fitted with scrubbers. The investment is the biggest opportunity for the dry bulk ship operator this year, says CEO Gary Vogel. "We remain constructive on the underlying fundamentals for dry bulk, and particularly for the midsize segment."

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