Estimates have rarely been as far off as they were leading up to the release of Maersk Line's first quarter interim report 2016.
The crisis in the global dry bulk industry was unavoidably reflected in the interim report from Norden where the CEO does not predict recovery anytime soon.
13 people were killed in a tragic helicopter crash one week ago when a helicopter of the type Eurocopter EC225 Super Puma crashed down on the Norwegian coast north of Bergen.
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A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.