Team Tankers was close to two mergers but found a different path to consolidation
Hans Feringa has for four years been working to merge Team Tankers with other players in the market. Twice he had to give up shortly before the finish line. He speaks to ShippingWatch about a process that wound taking more than four years.
With daily rates of USD 100,000 a few weeks ago, the LPG market was basically a money press, as BW LPG chief executive Anders Onarheim puts it in an interview with ShippingWatch. Today, rates would have a hard time going any lower, he says.
At Maersk Supply Service, only three percent of seafarers are female. The company wants to ensure that women never find themselves alone in a male-dominated environment and will deploy women in pairs, head of crew management tells ShippingWatch.
Europe's biggest port now presents a list of 27 companies that have secured permission to operate bunker barges in the port. The licenses have been introduced as part of the efforts to get better control of the port's bunker business.