"The market rates are still expected to improve towards the end of the year, but not to such an extent that we can maintain our previous expectations for the results for the year," says interim CEO Klaus Nyborg.
BY OLE ANDERSEN
Norden lowers its expectations for the full-year 2014 and now expects a deficit, according to the carrier's 2nd quarter interim report, published Wednesday morning.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.