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Bulk

Hansa Heavy's collapse creates new opportunities for Zeamarine

The aftermath at Hansa Heavy Lift is underway less than a day after the company filed for insolvency. A new situation has emerged, says major competitor Zeamarine, which, according to ShippingWatch's sources, was previously interested in acquiring Hansa Heavy.

Severe pressure on Hansa Heavy triggers unrest in the market

The financial strain on Hansa Heavy Lift has intensified, according to ShippingWatch's sources. It is currently not possible to get in contact with the multipurpose and heavy lift carrier's executive team. According to local media, an insolvency is imminent.

Former Maersk top exec Tommy Thomsen is now a towering figure at Lauritzen

Tommy Thomsen, former Maersk top exec, has become a dominant figure at the old family-run Lauritzen shipping business with his appointment as CEO of owner Lauritzen Foundation as well as Chairman of shipping company J. Lauritzen. But is it problematic to serve in the two top positions at the same time? ShippingWatch has interviewed Thomsen.

Coal will be the green wave's first and biggest victim

The green transition is transforming the energy market and thus also the market for transporting coal, oil and gas. According to Wood Mackenzie, the downturn in coal transport is fairly clear, while the pattern looks different for gas in particular.

Danish Ship Finance outlines uncertain future for shipping

Significant legislative changes, protectionism and a frozen situation with far too many ships are just some of the challenges the shipping sector faces in the years to come. ShippingWatch delves into a new report from Danish Ship Finance.

Eagle Bulk expands scrubber investment

Eagle Bulk exercises an option for an additional 15 scrubbers. This brings the shipping company's total number of ships with scrubbers to 34, says the company in a press release.

Thorco expects large bill for grounded ship

The bill for costs related to the grounding of Thorco Lineage is estimated to reach at least USD 10 million, and Thorco Shipping is currently working to get this money from two renowned bunker companies accused of having supplied contaminated bunker fuel oil.

Ultrabulk exploring sails for dry bulk ships

Ultrabulk is part of a new study to determine whether sail technology can be used to propel dry bulk ships in the future. "We have to take an active part in developing new technology in order to meet the IMO's targets," CEO Per Lange tells ShippingWatch.

J. Lauritzen expects improvement for dry bulk despite trade war

Bulk and tanker carrier J. Lauritzen's operating result came a little closer to a profit in the third quarter this year, helped along by an improved dry bulk market. Despite a looming trade war, CEO Mads Zacho expects the improvement in dry bulk to continue.

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