Formanden i Brightoil Petroleum har forladt posten, efter at en domstol har erklæret ham konkurs. Den nu tidligere formand hæfter personligt for en mindre del af gælden i det kriseramte selskab i Singapore.
Two cities stand out significantly in a new comprehensive survey about which maritime hubs are best at attracting the talents of the future. "Copenhagen has really made a big pull," CEO Mark Charman of recruitment firm Faststream tells ShippingWatch.
What keeps the shipping industry from being a sustainable business? Financially, but perhaps also in terms of the climate. The answer comes from someone who, if anyone, knows the industry, and knows what drives it.
The collapse of Hamburg carrier Hansa Heavy Lift, the bunker sector in Singapore, Maersk's credit rating downgrade as well as a temperature reading of the tanker and dry bulk markets were some of ShippingWatch's big stories this week.
Who actually picks up the phone if you ask for the Head of Danish carrier Norden's office in Singapore? ShippingWatch has met one of the five people that make up the collective management team. Norden has now extended the concept.
Shipbuilders in Singapore note severe pressure from competitors backed by state support schemes and billions of dollars in subsidies. ShippingWatch has asked how two of the biggest yards handle the competition scenario.
One year after the opening of an office in Singapore, bulk operator Baltnav has doubled the expected number of vessels on the books. Partners Michael Bonderup and Martin Sato clarify the company's status in an interview with ShippingWatch.
News of bad bunker findings in Singapore is on the one hand trivial, because it is hardly the first time such has occurred in the shipping industry. On the other hand, it could be an indication of something much bigger, sources say.