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

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

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