This week's top stories on ShippingWatch
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Uggla and the inheritance
Robert Maersk Uggla talked to ShippingWatch this week about his ambitions as CEO of Maersk's emergency response and towing company Svitzer, but also about managerial skills and values:
Robert Maersk Uggla: It’s time for Svitzer to expand
Robert Maersk Uggla: Constant care is core value
Robert Maersk Uggla: What makes a successful leader
Boskalis acquires tugboat companies from Louis Dreyfus
Sharp critique of Philippine seafarers schools
The Philippine seafarers schools are riddled with defects and shortcomings, says the EMSA in a report that has not been published:
Strong critique in report on Filipino seafarers
EU countries fear closure of Philippine seafarers schools
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OW Bunker headed for IPO
On Wednesday the bunker supplier officially announced that it was ready to launch a process aimed at securing an IPO at the Copenhagen Stock Exchange. Ahead of the announcement, the markets reacted very negatively to the crisis on the Crimea peninsula:
Crimea crisis could be poison to OW's IPO ambitions
OW Bunker: More than 30 percent growth in 2013
No new ships without new owners
Torm reduced its deficit in 2013, to a USD 166 million loss before taxes. 2014 will be characterized by another significant deficit:
Torm made USD 166 million deficit in 2013
Meldgaard: No new ships for Torm without new owners
Former Torm CFO got USD 1.75 million golden handshake
Further reading:
Shipowners: Maritime security as part of EU aid programs
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