Robert Bugbee has few simple business rules

Simplicity is a cornerstone in the making of Scorpio Tanker and Scorpio Bulkers. Here is an easy-read guide to understand Robert Bugbee.

BY TOMAS KRISTIANSEN

NEW YORK

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Norden's contract in Gabon runs for ten years and requires the shipping company to invest around DKK 280m. | Foto: Magnus Møller

Bulk

Norden's venture in Gabon runs smoothly one month after military coup

The shipping group has a major collaboration with a French-owned mining company in Gabon, where the military has taken power.

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"As an SME – as we still like to call us today – and with the customers we are serving globally we really need to latch on and grow substantially to stay relevant to our customers," says Constantin Conrad, CEO, Leschaco Group. | Photo: Leschaco

Logistics

Family-owned logistics company wants to grow 250 percent by 2030

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An ammonia bunker ship that can be loaded with 150 tonnes of ammonia. Ammonia capacity needs to be significantly increased, according to the IEA. | Foto: Stefan Sauer/AP/Ritzau Scanpix

Regulation

Energy agency: Ammonia is crucial for shipping's green transition

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Regulation

Lynn Loo urges shipping to "take steps outside its comfort zone"

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Bulk

Norwegian carrier gets state funding for new ammonia vessels

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The legal dispute centers on the cancellation of orders by Northern Drilling's two subsidiaries for two deepwater rigs at the Hanwha Ocean shipyard.

Offshore

Fredriksen company loses legal dispute with shipyard over cancelled drilling rigs

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IEA: Green fuels keep climate goals alive
The window of opportunity to keep the temperature rise below 1.5 degrees has narrowed and will require more international cooperation and ambition, according to a new report from the IEA.
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German ports fear public savings
The expansion of German wind power and the import of green fuels are at risk if the state of Lower Saxony implements planned savings in the ports.
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Navigare Capital cashes in from sale of several ships
The Danish investor, whose owners include Robert Mærsk Uggla, has taken advantage of high vessel prices. The timing was right, says the managing partner.
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Union warns: Shipping still struggles to attract women
Shipping desperately needs female workers, but a cultural change is needed, says one union leader, as the work environment is ”extremely hostile.”
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Lidl's shipping company makes changes to get more customers in store
Tailwind Shipping Lines was launched during the pandemic, when the German discount chain was struggling to get goods on the shelves.
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Shanghai to set up first pan-Pacific green corridor with Los Angeles
The corridor is set up with some of the biggest shipping lines of the world like Maersk and CMA CGM.
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Lynn Loo urges shipping to "take steps outside its comfort zone"

The CEO of Global Centre for Maritime Decarbonisation, Lynn Loo, believes the shipping industry must be ready to take ”a little more risk” to achieve its decarbonization goals.

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Lidl's shipping company, Tailwind Shipping Lines, has a total of eight ships with a combined capacity of approximately 108,000 teu. | Foto: Horst Galuschka/AP/Ritzau Scanpix

Container

Lidl's shipping company makes changes to get more customers in store

Tailwind Shipping Lines was launched during the pandemic, when the German discount chain was struggling to get goods on the shelves.

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”We are happy with the results. Obviously, in funds like ours, you will see that the returns are slightly lower in the beginning during the build-up phase, where you invest in vessels and get contract coverage on them,” says Henrik Ramskov. | Foto: Pr / Navigare Capital Partners

Carriers

Navigare Capital cashes in from sale of several ships

The Danish investor, whose owners include Robert Mærsk Uggla, has taken advantage of high vessel prices. The timing was right, says the managing partner.

For subscribers

The coronavirus pandemic gave shipping a bad image as a workplace because thousands of seafarers were trapped on their ships for many months. Here, a seafarer is vaccinated in Bremen, Germany. | Foto: Mohssen Assanimoghaddam/AP/Ritzau Scanpix

Carriers

Union warns: Shipping still struggles to attract women

Shipping desperately needs female workers, but a cultural change is needed, says one union leader, as the work environment is ”extremely hostile.”

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Tanker

Russia exempts gasoils, bunker fuel from export ban

Russia’s government has amended its fuel-export ban, excluding bunker fuel, gasoils and some middle distillates from the export ban imposed last week, shows decree published in the its legal database.

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Logistics