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ShippingWatchThursday1 June 2023
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Foto: Maersk Supply Service

Maersk Supply Service bags offshore contract extension in Taiwan

Towards the end of 2025, Maersk’s offshore carrier will take part in installing an offshore wind farm off Taiwan with Norwegian carrier Seaway7.
  • Maersk Supply Service bags major offshore wind deal in Brazil
  • Overview: Understand Maersk's record-breaking annual result

For subscribers

(ARCHIVE / ILLUSTRATION). The pictured ships are not related to piloting services in Danish waters. | Foto: Steve Helber/AP/Ritzau Scanpix

EU eases sanctions on ship piloting to avoid accidents

For subscribers

Team behind management seminars. Kjell Ove Breivik (left) from OSM, George Prastitis with HR in OSM, and Sine Ravn with Helm HR Consultancy. | Foto: OSM Maritime

OSM invested 3,156 hours and hundred thousands of dollars in leadership improvement

For subscribers

Foto: DR

Fewer claims secure Skuld profits

For subscribers

Foto: Bernd Von Jutrczenka/AP/Ritzau Scanpix

Gard enters partnership to assess operational risk of climate-friendly pilot projects

Jan-Philipp Rohr, chef for HCOB's shippingforretning. | Foto: HCOB

HCOB increases lending to shipping

For subscribers

  • Foto: X-Press Feeders

    X-Press Feeders buys service from Zeronorth regarding fleet optimization

    X-Press Feeders aims to ensure lower operating costs and carbon emissions from the carrier’s fleet through Zeronorth’s digital platform.

    For subscribers

  • Foto: PR/DFDS

    DFDS has large sums caught in European VAT spat: "This will affect all forms of transport"

    A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.

    For subscribers

  • Foto: Flexport

    Flexport sees more capacity on the market and points out one particular reason

    Freight forwarder Flexport observes an increase of capacity on the logistics market. But according to the company, it has nothing to do with a market slowdown. ”We have seen improvement,” says Global Head of Ocean & Trucking to ShippingWatch.

    For subscribers

  • Foto: NIBC

    NIBC Bank's shipping portfolio surpasses one billion euros

    Dutch bank NIBC is experiencing growth in its shipping business as the portfolio passes the billion-euro mark.
  • Foto: DNV

    DNV CEO: "Hydrogen seems to be everywhere and nowhere"

    Hydrogen needs a heavy lift and much stronger regulation to ensure that it will play a significant role in the general energy mix by 2050, according to DNV Group CEO Remi Eriksen.
  • Foto: Daniel Bockwoldt/AP/Ritzau Scanpix

    Covid and high rates gave German wind-down agency a solid profit

    Good times in shipping positively affected the 2021 earnings of a German wind-down agency following the crisis at shipping bank HSH Nordbank.

    For subscribers

  • Foto: Skuld

    Offshore accidents were one of the big drivers of Skuld's deficit in 2021

    Large incidents within the offshore segment were one of the main drivers behind the red numbers on Skuld’s bottom line last year. However, it is most likely very coincidental, CEO Ståle Hansen says. World’s largest P&I club, Gard, does not share the experience.

    For subscribers

  • Offshore vessel Wind Osprey from wind carrier Cadeler. | Foto: cadeler

    Banks keep tabs on offshore wind – at a safe distance

    In the next ten years, more than 100 new vessels for installation and maintenance of offshore wind are needed, and the offshore wind market is growing strongly. But shipping banks continue as bystanders for the time being.

    For subscribers

  • Foto: Stormgeo

    From private equity to Alfa Laval: StormGeo CEO sees one big change in particular

    A year has passed since StormGeo went from being owned by a private equity firm to getting a commercial business as its owner. One aspect in particular has changed for StormGeo, the CEO tells ShippingWatch.

    For subscribers

  • Foto: Edgar Su/Reuters/Ritzau Scanpix/REUTERS / X90125

    Keppel reports "significant progress" in merger talks with Sembcorp

    In its quarterly report, Keppel Corporation announces progress in the process of landing a merger deal with Sembcorp. An agreement is to be landed by April 30, 2022.
  • Foto: DNV

    DNV expects to have fully exited Russian activities soon

    DNV is in full swing with the process of exiting Russia. CEO Remi Eriksen tells ShippingWatch that he expects to have it completed within a few weeks. The process will entail that 90 Sovcomflot ships exit DNV’s business.

    For subscribers

  • Foto: DNV

    DNV secured hitherto best result in 2021 – maritime branch boosted by newbuilds

    DNV reports its best results to date. CEO Remi Eriksen says the year just gone was an especially good one for the maritime branch, where the company landed a record-high number of the newbuild orders. The CEO expects to see good numbers for 2022.
  • Jakob Hjortlund Director of Research at Maersk Broker Advisory Services and Daniel Caceres Larsen, Head of Energy Transition. | Foto: Maersk Broker Advisory Services

    Most container vessels scrape the bottom of new CO2-regulation

    More than half of the container fleet is at the bottom of the barrel regarding the new CO2 regulation which categorizes ships on their carbon intensity. The consequence could be speed reductions, Maersk Broker Advisory Services says.

    For subscribers

  • Hans Ulrik Nørgaard switches from Maersk Tankers to Maersk Broker Advisory Services. | Foto: PR/Maersk Tankers

    New head of Maersk Broker's advisory business

    Hans Ulrik Nørgaard is appointed managing director at Maersk Broker Advisory Services.

    For subscribers

  • Foto: Nautilus Labs

    Nautilus Labs bags USD 34m in funding to increase global footprint

    US maritime tech company Nautilus Labs secures new funding of USD 34m in its sixth year of operation and has expansion plans for locations, products and people. Chief executive tells ShippingWatch that scale will be important going forward.
  • Foto: Lloyd's Register

    Lloyd’s Register halts business with Russian companies

    Like many other western companies, the classification firm pulls out of the Russian market.

    For subscribers

  • Foto: MOHAMED ABD EL GHANY

    Suez Canal to increase transit fees

    From March 1, it will be more expensive for most vessels to sail through the Suez Canal, according to Leth Agencies. Chemical and LPG tankers to be affected the most.

    For subscribers

  • Foto: Colourbox / arkivfoto

    Insurance costs increase for shipping activity in the Black Sea

    Insurance firms have increased costs for shipping activity in the Black Sea, report several media.

    For subscribers

  • Foto: Desmi

    Owner has reopened Desmi sale efforts

    Owner Henrik Sørensen once again opens to selling Danish pump company Desmi, reports business daily Børsen. The move occurs after a previous sales process was called off in the fall of 2020.

    For subscribers

  • Foto: CLAUS FISKER

    Bunker Holding enters biofuel partnership with US firm

    Danish group Bunker Holding has agreed to collaborate with US company Renewable Energy Group on supplying biofuels to the US and European markets.

    For subscribers

Latest news

  • BW Epic Kosan to refinance ships with sustainable loan – 08:12
  • DP World granted millions of euros to expand Black Sea port – 08:12
  • Wärtsilä test-runs 90 percent ammonia-fueled engine – 31 May
  • Several hundred pilot projects ready to help shipping with its green efforts – 31 May
  • Bimco expects biggest tanker upswing since financial crisis – 31 May
  • Mikael Skov points to issues with securing green fuels – 31 May
  • Grieg orders four bulkers with ammonia compatibility – 31 May
  • Non-operating owners see their combined fleet shrink further – 31 May
  • Ukrainian grain exports inactive despite corridor renewal – 31 May
  • Frontline expects even stronger tanker market following record result – 31 May
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