Article archive

Articles from 1-8 of February 2021​

01.02.21

• Dof extends forbearance with creditors in limbo ahead of rescue plan
• More than half of the world's container ships arrived late in December
• Concordia CEO fears new ship ordering rush in product tanker
• Eagle Bulk vessel attacked by pirates off Ghana
• Media: Exxon and Chevron discussed merger
• Seadrill's forbearance agreement with creditors expires
• Nordea and Danske Bank have more than USD 25 billion in oil, coal and gas
• Biggest gateway for US imports hit by record ship bottleneck
• Authorities are trying free kidnapped seafarers from Hapag-Lloyd-chartered vessel
• Maritime battery supplier expands with production of fuel cells
• PIL secures approval for life-saving rescue plan

02.02.21

• Bulk carriers head into record year for grain and soy product transports to China
• Offshore supplier terminates all employees and sells vessels
• More than 400 ships ended up on the beaches of South East Asia last year – 10 workers were killed
• FMC urges Biden to prioritize vaccines for maritime employees
• BP lost USD 5.7 billion last year
• Maersk Supply Service appoints new CFO
• Shipowners split their fleets up in two according to new carbon efficiency requirements
• MPC Container Ships has settled new charter deals for 41 ships
• Scorpio Bulkers sells seven ships to Star Bulk as part of exit from dry bulk
• The European shipbuilding industry can expect more layoffs and a lower order book

03.02.21

• Dorian LPG to buy back shares for USD 100 million
• Iran releases crew of South Korean tanker
• Congestion in major ports hits container lines with loss of revenue
• Frustrated Maersk wants EU speed up approval of shipbreaking in India
• MSC ship loses containers en route to China
• Why should new crew change alliance make a difference in 2021 when politicians remained mute in 2020?
• Biden's administration makes Ørsted CEO optimistic about approval in the US
• Evergreen orders upwards of 20 new ships
• Analyst firm: Crude oil demand may have peaked in 2019

04.02.21

• Alfa Laval's orderbook shrinks due to lower newbuild activity
• Navig8 Chemical Tankers sells five vessels with leaseback agreements
• Congestion in Los Angeles spreads to nearby ports
• Fjord Line's new CEO inherits a million lost passengers and a tough crisis
• Euronav CEO awaits normalization of global oil markets after tough months
• Prosafe doubles its deficit in 2020 to USD 950 million
• Up to 30,000 vessels may be non-compliant with the new EEXI regulation
• Danske Bank expects new losses on offshore
• Scrap yards disagree with Maersk: Plenty of space at approved EU shipbreakers
• Stolt Tankers' new CFO will help pursue a listing for the company
• Hamburg Süd appoints new CEO

05.02.21

• Seadrill gets another extension on payments to creditors
• Cartel case has cost Wallenius Wilhelmsen USD 485 million in total
• Vale to pay USD 7 billion for one of the worst ever mine disasters
• Euronav is ready to deploy USD 700 million
• CMA CGM to expand US headquarters
• Banks face major losses on Hin Leong after potential buyers have withdrawn
• Bunker supplier Peninsula adds LNG to its offering
• Scandlines has to postpone its climate target
• Major bulk players have diligently purchased vessels from Scorpio's fire sale

08.02.21

• Maersk's acquisition "war chest" doubles in size to USD 20 billion
• China set to unload some stranded Australian coal amid ban
• Oil price climbs above USD 60 per barrel
• Seadrill files for Chapter 11 in the US for Asian subsidiaries
• Maersk sues Glencore for bad bunker oil – wants million dollar compensation
• Norwegian Pro Fuels sold to Singapore company
• CEO says offshore wind could become one of Norway's five top exports by 2030
• New Nigerian naval chief issues warning to corrupt personnel
• The EU's largest trade agreement to date fades out of sight with climate discussions
• Growth sidestepped DP World despite 71 million teu throughput