Maersk Product Tankers divests the world's first ship equipped with rotor sails
Maersk Product Tankers sells tanker vessel "Maersk Pelican", the world's first tanker to be equipped with rotor sails in 2018 to reduce fuel consumption and CO2 emissions. Maersk Tankers saw a 28 percent improvement in pool partnership last year.
The current tanker market is catastrophically poor with unprecedented low rates in the otherwise attractive winter months, Norden CEO Jan Rindbo tells ShippingWatch. That is why he projects that Norden's earnings will almost halve in 2021, compared to 2020's record result.
Despite a strong second half-year, Kuehne + Nagel's container volumes declined overall in 2020. Sky-high demand and container shortages have led the logistics company to focus on its "key customers" during the pandemic, says CEO Detlef Trefzger.