This week's top stories on ShippingWatch

Improvements in bulk, P3 summit, and an offshore setback - the shipping industry experienced both ups and downs in the past week, which also included an appearance from the Secretary General of the IMO.

IMO: High time to implement the ballast water convention

Secretary General Koji Sekimizu says in an interview with ShippingWatch that the ballast water convention has been far too long underway, and that it is now high time to implement it.

IMO Secretary General: High time for ballast water convention 

Photo: Presse
Photo: Presse

P3 summit and the terminal effects

The much anticipated P3 summit between the American, European, and Chinese competition authorities, aimed at clarifying the effects of the P3 alliance between Maersk Line, MSC, and CMA CGM, was held in Washington, DC, earlier this week. The possible effects of the alliance will the shares and one of the world's largest terminal operators, DP World.

P3 summit ended without conclusions

This is the P3 alliance's best argument

Maersk Line: P3 to be launched last part of 2Q 2014

Maersk Line: P3 has no plans to sail faster

Analysts: P3 will dictate the Maersk share in 2014

DP World: Alliances hold opportunities 

Bulk starting to move

The world's largest bulk carrier, German Oldendorff, clearly feels clear improvements in the long-struggling segment. And T.K.B. Shipping also reports positive bulk developments.

Activity boom pushes Oldendorff fleet to new record

DVB: Slow improvement for Panamax

Photo: Øyvind Hagen - Statoil
Photo: Øyvind Hagen - Statoil

Stop and go in offshore

According to the announced plan Statoil was supposed to reveal the development plans for the giant Johan Sverdrup field this week, but that was not to be, and the plans will now be presented early next year instead.

The giant Sverdrup field is delayed 

Offshore newbuildings cut in half

This is how much Norwegian offshore workers make 

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