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This week's top stories on ShippingWatch

Changes at the top level of Maersk Broker. Singapore introduces mandatory flowmeters to get rid of bunker fraud. Massive layoffs at Wärtsilä. Ambitious DP World. Read more of the stories from this week on ShippingWatch.

Photo: Maersk Broker

Maersk Broker breaks up

Maersk Broker CEO of many years, Jørn Steen Nielsen, announced his surprise resignation, and without agreement between the parties. His replacement has been named and is set to take over in a few weeks. And his replacement has been appointed as well.

Maersk Broker CEO in sudden exit

This is Maersk Broker's new CEO

Maersk Broker names new CEO in Singapore

The fight against bunker fraud

The Maritime and Port Authority of Singapore has spent years battling fraud related to bunker quality and bunker volumes sold. At a meeting a few days ago the authority voted to adopt a requirement for mandatory mass-flowmeters. This development could spread to more ports, observers say.

Singapore adopts mandatory bunker control

Insatech: Control could weaken Singapore bunker market 

Dan-Bunkering: Mandatory control just the first step

Layoffs at Wärtsilä

The major European engine manufacturer Wärtsilä has announced plans to axe 1,000 jobs.

Wärtsilä axes 1,000 jobs

Photo: DP World
Photo: DP World
 

DP World's ambitions

ShippingWatch has interviewed DP World's CEO Mohammed Sharaf. The major terminal operator has great ambitions.

DP World: We'll reach 100 million teu before 2020

DP World wants more fully automatic terminals

New shipping bank approved

Oslo-based Maritime & Merchant will launch its business on April 1st this year.

Maritime & Merchant Bank to launch on April 1st

 

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

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