China considers ban on open-loop scrubbers

It is far from certain that open-loop scrubbers will be approved in China once the country introduces stricter sulfur regulations from next year. Meanwhile, a large, German shipping company has just invested in open-loop scrubbers, which have faced harsh criticism in the industry.

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Damco maneuver could cost jobs among regional leadership

A total of 18,000 Maersk employees could in some way be affected by the large-scale integration of Damco and Maersk Line. Dual leadership roles in the regional businesses in particular could be impacted, Maersk Line CCO Vincent Clerc tells ShippingWatch.

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Regulations for methanol sailings underway

Methanol is one of the options shipping companies have for improving their environmental impact and complying with the upcoming sulfur regulations set to come into force on Jan. 1, 2020. The IMO is now preparing the first draft of its guidelines for the new fuel type.

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Marine insurers elect new president

The International Union of Marine Insurance has elected a new president in Richard Turner, who comes from RSA Insurance Group. The departing president had a warning for the sector before he stepped down.

Heavy lift takes the first steps out of a decade-long downturn

One decisive factor contributes to a small recovery in the hard-pressed heavy lift segment. But the rates need to increase by 20-40 percent before the market can be described as healthy, says the CEO of the world's second-largest project cargo carrier, Svend Andersen, in an interview with ShippingWatch.

Maersk confirms integration of Line and Damco

Maersk on Wednesday confirms its plans to integrate logistics unit Damco into Maersk Line, and that products and services will be offered under the Maersk brand going forward. The new structure will come into force on Jan. 1, 2019.

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