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.
Shipments of contaminated bunker fuel oil have emerged in Singapore, the world's by far biggest bunker port. The dirty fuel can cause extensive damage to ship engines, and there are fears that the fuel will spread from Singapore throughout Asia.
The number of newbuilds to be delivered to Singapore this year is set to hit a decade high. The five players awaiting the largest share of the new vessels include tanker, bulk and offshore carriers, according to a study from VesselsValue.