Article archive

Articles from 1-8 of March 2021​

01.03.21

• Belships records deficit after several profitable years
• Seven oil companies want in on new licenses for the Norwegian shelf
• Torm books profit for 2020 despite red fourth quarter
• World Fuel Services' fuel sales declined in 2020
• Danish Ship Finance's bottom line shrinks in tough pandemic year
• Gas major BW LPG eyes strained market in the second quarter
• Torm CEO sees no burning platform in the green transition
• Hurtigruten ended 2020 with large deficit despite large-scale aid schemes
• Overheated container market could last until next spring

02.03.21

• Havila books profit on the heels of approved rescue plan
• Maersk: "We're actually dismayed by the level of service we're forced to provide right now"
• One third of Lim family ships have new owners
• Awilco establishes new company and enters offshore wind
• Hempel to raise its coating prices globally
• V.Group's fourth CEO in three years: "The many changes may indeed have been a distraction"
• Akastor and Baker Hughes establish joint drilling venture
• Niels Smedegaard joins Molslinjen as board chair
• New swine fever mutations in China could impact dry bulk and reefer
• CMA CGM buys 50 percent of TTIA terminal in Algeciras

03.03.21

• Sale and purchase volumes for container ships reach highest level in four years
• Seaspan buys two container ships on long-term charter contracts
• SAL Heavy Lift and Jumbo launch new joint venture in fleet operations
• Hempel continues acquisition hunt after challenging year
• Eneti will draw on US institutional capital to become a major player in offshore wind
• Hafnia raises wages to achieve its diversity target
• Container CEOs jointly attack US ports for having insufficient infrastructure
• Maersk appoints executive to work on future fuels
• Maersk Etienne case leads Italian police to investigate NGO

04.03.21

• Court in Singapore approves PIL's large-scale rescue plan
• Valaris gets rescue plan approved
• Norden expects significantly lower result in 2021 after record year
• Fredriksen's Seadrill books a deficit of almost USD 5 billion
• Frontline and Euronav chief execs: OPEC+ could kickstart tanker market
• Grindrod Shipping: Customers still not ready for CO2 tax
• Norden pays the price of a "catastrophically bad tanker market" in 2021
• February snowstorm in Texas hits tanker companies
• DFDS, Klaveness and Trafigura want EU to bet on ammonia and hydrogen

05.03.21

• Boskalis in setback despite advancing in offshore
• Oil rallies toward USD 65 with Saudi supply gamble reverberating
• Seaspan adds more container ships to its orderbook
• China's modest growth target signals policy shift from world
• Logistics chain bottlenecks trigger longer contracts for container carriers
• A few weeks ago the LPG market was basically a money printing machine
• OSM Maritime removes managerial level after CEO's exit
• Eagle Bulk executive sees best time charter rates in years
• US offshore carrier Tidewater sold more than 50 vessels in 2020
• Port of Rotterdam awards bunker licenses to 27 companies
• Maersk Supply Service to deploy women in pairs: No one should be alone in a macho environment

08.03.21

• Eastern Pacific Shipping and MAN select ammonia and methanol as future fuel
• Hafnia expects more active vessels to strain product tanker in 2021
• Key Saudi Arabian oil site attacked, sending Brent above USD 70
• Industry players to post billions into Singapore's maritime sector
• New survey on overheated container market flunks carriers' service and prices
• Höegh family wants to delist gas carrier from stock exchange
• A phone call from Toyota turbocharged Corvus' green shipping project
• Seaspan continues shopping spree with order for six newbuilds