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07/02/2014at 15:18

Last week's top stories on ShippingWatch

Mitsubishi strikes again in Denmark, signing a deal with OMT. Nordic banks are no longer deferring shipping loans. Statoil slams the brake, while DSV pedals to the metal. And much more. Read this week's top stories.

Photo: Stine Bidstrup

BY TOMAS KRISTIANSEN

Equity funds enter shipping

Eitzen Chemical replaces banks with equity funds

Wilbur Ross ready to stock-list product carrier

DSV ready for European growth

DVS running steady but still holding its breath

European growth could send DSV soaring

Epic Gas wants to strengthen its gas fleet

Epic Gas to strengthen gas fleet with Oslo funds

Epic Gas wants to grow in the West

OMT in remarkable deal with Mitsubishi

Odense Maritime makes deal with Mitsubishi

Mitsubishi will boost OMT's license business

Statoil cuts USD 5 billion from investment plans following disappointing year

Statoil axes 100 top-level jobs

Statoil cuts USD 5 billion from future investments

Panama Canal expansion dispute continues

Panama Canal negotiations collapse

Panama delay could have positive effect on VLGC

Banks back in shipping, the RoRo market, CO2 monitoring, and more

Danske Bank ready for new shipping investments

New RoRo orders can be counted on one hand

Connie Hedegaard fighting for her CO2 proposal

MAN: It will take years to adapt the market to gas

NGO: Greeks and Germans top list of beach scrapping

Related articles:

European growth could send DSV soaring
Danske Bank ready for new shipping investments
For subscribers
Odense Maritime makes deal with Mitsubishi
For subscribers

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Maersk CEO Vincent Clerc (left) and MSC CEO Søren Toft are following very different strategic directions. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix

Maersk could be heading for a price war with MSC

After a profit of historic proportions in 2022, Maersk is facing a new reality this year, entailing a potential price war unleashed by the carrier’s partner in the disbanded 2M alliance, MSC, predicts Drewry.

Opinion: Maersk and MSC heading for direct confrontation over customers
Drewry director eyes one central weakness in Maersk's strategy

For subscribers

Krisen på fragtmarkedet styrker DSV's position i forhold til rederierne: ”I og med at vi er en af de store aftagere af søfragt, har vi også et samarbejde med rederierne, som er strategisk og forankret i direktionen,” siger DSV's topchef, Jens Bjørn Andersen. | Foto: Lars Krabbe/Foto: Lars Krabbe/Ritzau Scanpix

DSV to support box carriers that provided help during Covid chaos

For subscribers

Foto: Rebecca Naden

Countdown to clash over Euronav's board composition has begun

For subscribers

Maersk is heading for its second record profit, setting a new benchmark in Danish business history. | Foto: Jonas Walzberg/AP/Ritzau Scanpix

Maersk on track to achieve record profit for second consecutive year

For subscribers

Foto: Sund & Bælt

Danish authorities suspending 23GW of offshore wind projects

For subscribers

Foto: Casper Dalhoff / Ritzau Scanpix

Maersk redirects traffic following earthquake

For subscribers

Further reading

Foto: Magnus Møller

Featured

Eitzen son wants to electrify shipping as new CEO of Christiania Shipping

New Christiania Shipping CEO Fridtjof C. Eitzen maintains that acquisitions are on hold after a record year. The 36-year-old marine engineer, fifth generation in the Eitzen dynasty, wants to electrify shipping.

For subscribers

Krisen på fragtmarkedet styrker DSV's position i forhold til rederierne: ”I og med at vi er en af de store aftagere af søfragt, har vi også et samarbejde med rederierne, som er strategisk og forankret i direktionen,” siger DSV's topchef, Jens Bjørn Andersen. | Foto: Lars Krabbe/Foto: Lars Krabbe/Ritzau Scanpix

DSV to support box carriers that provided help during Covid chaos

DSV customers found themselves in a bind when box carriers were able to allot limited ship space as they saw fit during the pandemic. Now the balance has shifted.

For subscribers

Maersk is heading for its second record profit, setting a new benchmark in Danish business history. | Foto: Jonas Walzberg/AP/Ritzau Scanpix

Maersk on track to achieve record profit for second consecutive year

Wednesday, Maersk will probably announce a financial result for the Danish business history annals. Shareholders face dividends of USD 11.2bn, one analyst estimates.

For subscribers

Jobs

Fleet Manager
Chartering Manager for Lauritzen Bulkers A/S
Copenhagen Shipping Company is hiring a skilled cargo broker
Commercial Contract Manager for the Offshore Wind Industry
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Ambitious employee for Shipping office wanted
Foundation Package Manager - Offshore wind industry
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Latest news

DSV to support box carriers that provided help during Covid chaos – 15:56
More tankers embark on illicit sailings following embargo on Russian oil – 15:33
Monjasa to provide green ammonia through new collaboration – 15:27
Countdown to clash over Euronav's board composition has begun – 15:17
New major port project underway in the Baltic Sea region – 15:05
Bank DNB sees box market reach record lows in coming years – 14:24
Maersk on track to achieve record profit for second consecutive year – 13:32
Maersk could be heading for a price war with MSC – 12:53
Oil prices extend gains following earthquake and Chinese demand rebound – 10:25
Maersk redirects traffic following earthquake – 08:52

Jobs

Fleet Manager
Chartering Manager for Lauritzen Bulkers A/S
Copenhagen Shipping Company is hiring a skilled cargo broker
Commercial Contract Manager for the Offshore Wind Industry
Head of P2X Marketing and Sales (m/f/d)
Senior Financial Controller
Ambitious employee for Shipping office wanted
Foundation Package Manager - Offshore wind industry
Vessel Manager Marine and QA

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