06/10/2015at 13:32

Skuld CEO: Extreme Competition puts pressure on premiums

The search to sign up new ships puts extreme pressure on premium levels, explains Ståle Hansen, CEO of Skuld, which recently published results for the first half of the year.

KATRINE GRØNVALD RAUN

Although the first half year of 2015 has been satisfactory for Skuld, when seen through the eyes of the Norwegian insurance company's CEO Ståle Hansen, there are still several challenges ahead for the remainder of the year and probably the years to come, he tells ShippingWatch.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Skuld knew about safety flaws on Scandinavian Star
For subscribers
Skuld's profit slashed 50 pct in first half of 2015
For subscribers
Marine insurance claims up again in 2015
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Logistics

Maersk chair on investor criticism: "I get the feeling that ATP also will ask about it next year"

Denmark’s largest pension fund wants greater insight into how Maersk will make money from logistics. There are limitations to transparency, chair says.

For subscribers

Carriers

Weco Shipping lands yet another record profit: "It has been a great year"

For subscribers

Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

Logistics

Media: Divestment of DB Schenker unlikely to finish before 2024

For subscribers

Joe Nielsen, partner at A.P. Møller Capital. | Foto: A.p. Møller Capital

Logistics

APM Capital acquires South African logistics company

For subscribers

Suppliers

DNV expects continuation of strong growth in 2023 after record-breaking 2022

For subscribers

Tanker

Major stakeholder sells off Torm shares after share rally

Maersk chair on investor criticism: "I get the feeling that ATP also will ask about it next year"

Denmark’s largest pension fund wants greater insight into how Maersk will make money from logistics. There are limitations to transparency, chair says.

For subscribers

Carriers

Weco Shipping lands yet another record profit: "It has been a great year"

The group, which is owned by the Danish baron Johan Wedell-Wedellsborg, has managed to double its bottom line in 2022.

For subscribers

Logistics

APM Capital acquires South African logistics company

A.P. Moller Holding’s investment company eyes growth potential in the African logistics operator, which has specialized in storing and transporting refrigerated food products.

For subscribers