Last week's top stories on ShippingWatch

Two bulk operators find themselves in trouble due to the contaminated bunker, which has spread to several major ports. Disappointing results and downgrades for container carriers. Low tanker rates, and DP World, in a surprise move, acquired Denmark's Unifeeder. Read this week's top stories.

by TOMAS KRISTIANSEN

Contaminated bunker impacts operators

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Bulk operator faces large claim after buying dirty bunker
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Star Bulk eyes healthy fundamentals in dry bulk
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Bad bunker in Singapore could be an early warning of something much bigger
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Foto: Friedemann Kohler/AP/Ritzau Scanpix

Tanker

Russia may now be building a shadow fleet for gas

Since Western sanctions were introduced in response to the invasion of Ukraine, Russia has exported oil through a shadow fleet. Moscow might now be bulding a similar fleet for gas exports.

New EU sanctions to hit Russia's shadow fleet and gas trade

US imposes new sanctions on Russian shipping interests

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Suppliers

Gard acquires Alm. Brand's energy and marine activities

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Container

Liner companies pay soaring sums for charter deals

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Halvor Sveen is chief executive of Oslo-based shipping bank Maritime & Merchant. | Foto: Marine Money/Oscar May

Suppliers

Maritime & Merchant notes fierce competition in loans for shipping

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The penal code provision on trespassing is used when someone enters private property without permission. | Foto: Jens Dresling/Ritzau Scanpix

Container

Multiple arrests as protestors block entrance to Maersk HQ

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Offshore

Maersk Supply Service aims to quadruple profits

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Chief executibe of Wallenius Wilhlemsen Lasse Kristoffersen, and chief executive of Höegh Autoliners Andreas Enger. | Foto: Wallenius Wilhelmsen and Javad Parsa

Norwegian car carriers bag multi-year contracts

Both Höegh Autoliners and Wallenius Wilhelmsen have signed large contracts for several years.

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The logistics giant expects air freight demand to remain solid through the summer. | Foto: Jan Woitas/AP/Ritzau Scanpix

Packed container ships trigger surge in air freight demand

Global demand for air freight has increased by 14% since last year, according to DHL Global Forwarding.

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Record influx of container ships this year will not cause trouble until 2025

The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.

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Gilbert Walter is new chairman of shipbroker BRS. | Foto: BRS

Shipbroker BRS appoints Gilbert Walter as chairman

While Francois Cadiou steps down from the role he has held for four years, he remains a newbuilding broker in Paris for the company

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Spot prices for container freight continue to rise

This marks the 12th consecutive week that spot prices for containerized freight are increasing.

Foto: Hannibal Hanschke/Reuters/Ritzau Scanpix

IMO's fossil fuel ban in the Arctic faces criticism

On July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.

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