London-based Marine Capital is exploring a series of new maritime ventures that can contribute substantially to its asset portfolio, CEO Tony Foster tells ShippingWatch. LNG is just one of them.
Stena AB has invested half a million dollars in Katapult Ocean Accelerator, which supports entrepreneurs developing technology aimed at making shipping more sustainable.
![opec[1].jpg](https://finanswatch.dk/incoming/article10508498.ece/ALTERNATES/medium_frontpage_300/opec%5B1%5D.jpg)
The Dutch-British oil major is reportedly interested in buying West Texas-based Endeavor Energy, as the latter's valuation declines amid complicated terms of sale and talk of a public listing in 2019.
John Fredriksen and the other Seadrill shareholders have seen the stock price and value of the company plunge significantly in the past two months, writes Dagens Næringsliv.
DP World has submitted a document to an Indian court in order to block an anti-competitive behavior investigation in India, which Maersk is also part of, reports Reuters.
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.
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.
.jpg)
After two equity funds announced bids for bunker company Aegean Marine Petroleum last week, the original bidder, Mercuria, has now increased its bid. The equity funds are now "withdrawing from the contest," reports Ship & Bunker.
Several North Sea oil players warn about about a small new player using a complicated financial maneuver to become Denmark's second-largest oil actor. There is no cause for concern, the company says.
Several of the biggest liner companies are set to turn up the heat on newbuild deliveries ahead of 2021. At one liner company in particular, the fast delivery pace could create problems, writes Seaintelligence in a new analysis.
Only a small portion of container ships will be fitted with scrubbers, but it will still be enough to have a positive impact on freight rates in 2019, notes analyst firm Drewry.
Brazil's export of soy beans to China has increased due to the trade war between China and the US. But Brazil is prepared if China calls off its tariffs on US soy beans, says agriculture minister.
The country claims to be developing the world's first ship to sail on ocean wave energy.
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.
More than 50 interested buyers are preparing bids for OOCL's container terminal in Long Beach on the US West Coast, reports Lloyd's List.
The world's largest bunker company, World Fuel Services, expands its bunker setup in the US ahead of the global sulfur regulations in 2020.
The oil price hovered at USD 51 per barrel as investors wait to see if OPEC and its allies are able to get the market back on track alongside a growing US output.
![Birgitte Ringstad[1].jpg](https://finanswatch.dk/incoming/article11018887.ece/ALTERNATES/e/Birgitte%20Ringstad%5B1%5D.jpg)
A surprisingly weak fourth quarter for dry bulk does not necessarily imply a weak 2019. Rather, the chief executives of Norwegian dry bulk carriers Golden Ocean and Klaveness eye a much stronger year ahead, they tell ShippingWatch.
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.
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.
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.
Research analyst - Navigare Capital
Operations Manager in Ultrabulk
Shipping Trainees - Clipper
Operations Manager - Hafnia Management
Director for Lederne Søfart
Shipping Trainee - TORM
NORDEN is expanding and looking for the traders of tomorrow
