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Maersk lowers expectations for container growth

Maersk projects lower growth in the container market in 2019 than previously stated. The shipping company finished the quarter with a profit of USD 520 million for its continuing activities. Being updated.'

Ship sales pull Diamond S Shipping into the red

Tanker shipping company Diamond S Shipping saw its deficit grow in the third quarter on losses related to ship sales. But the tanker rates have stabilized at a very high level, says optimistic CEO.

D'Amico International Shipping reports smaller loss

Just like many of its competitors, Italian product tanker carrier d'Amico International Shipping reports a red bottom line for the third quarter. The deficit is smaller than lit was at the same time last year, however.

Hapag-Lloyd appoints new CFO

German container shipping line Hapag-Lloyd has appointed a new CFO, who will take over the position from March 1, 2020, replacing the company's current chief financial officer.

Søren Toft could be headed to European competitor

Maersk's now former COO Søren Toft confirms to ShippingWatch that he has landed a new position as CEO. It may well be with one of the major shipping company's European competitors. ShippingWatch reviews the most obvious possibilities.

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