This week's top stories on ShippingWatch

IMO's long-awaited decision on NOx was settled, DFDS's Niels Smedegaard had a word of advice for the industry, and APM Terminals signed a deal with China Shipping. These are just some of the stories from the past week.

BY KATRINE GRØNVALD RAUN

Environmental compromise

On Friday the IMO member states reached a NOx compromise, thus dodging Russia's proposal to postpone the regulations to 2021:

IMO approves global NOx compromise

Compromise on NOx rules on the way

Russia's controversial NOx proposal nearing collapse

Russian businesses

Developments on the Crimean peninsula threaten Maersk's businesses in the country, says Drewry, though the situation has yet to affect the state-owned carrier Sovcomflot:

Fitch: Sanctions yet to impact on Sovcomflot

Drewry: Crimea is a risk to Global Ports

Fast asleep

DFDS CEO Niels Smedegaard had some harsh words for the industry in relation to the coming sulphur regulations in 2015:

Niels Smedegaard: Shipping was fast asleep

Shipowners: We have to do better next time

APM Terminals and the Chinese

This week Maersk executives signed a memorandum of understanding with Chinese conglomerate China Shipping Group:

APM Terminals in strategic collaboration with China Shipping

APM Terminals: Europe the goal of Chinese agreement

Shipowners and the EU

Analysis: State-aid secured EU dominance in shipping

Shipowners present ten new EU demands

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Halvor Sveen is chief executive of Oslo-based shipping bank Maritime & Merchant. | Photo: Marine Money/Oscar May

Suppliers

Maritime & Merchant notes fierce competition in loans for shipping

Maritime & Merchant Bank took a close look at peer Danish Ship Finance, which was recently sold.

Erling Braut Haaland buys up in Norwegian shipping bank

Norwegian shipping bank expands portfolio despite container downturn

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Logistics

Packed container ships trigger surge in air freight demand

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The penal code provision on trespassing is used when someone enters private property without permission. | Foto: Jens Dresling/Ritzau Scanpix

Container

14 arrested at demonstration in front of Maersk headquarters

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Container

Spot prices for container freight continue to rise

Chief executibe of Wallenius Wilhlemsen Lasse Kristoffersen, and chief executive of Höegh Autoliners Andreas Enger. | Foto: Wallenius Wilhelmsen and Javad Parsa

Carriers

Norwegian car carriers bag multi-year contracts

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Foto: Hannibal Hanschke/Reuters/Ritzau Scanpix

Regulation

IMO's fossil fuel ban in the Arctic faces criticism

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Record influx of container ships this year will not cause trouble until 2025

The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.

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Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

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”We are very happy with how our new organization is working and we are hearing the same from our customers,” writes Kuehne+Nagel about the reorganization implemented at the company in early spring. | Foto: Daniel Reinhardt/AP/Ritzau Scanpix

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

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Dry cargo carriers discussed the green transition at Marine Money Week. | Foto: Foto: Marine Money Week

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Bulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.

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Less than one percent of the container fleet is currently idle

New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.

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Photo: Bernd Von Jutrczenka/AP/Ritzau Scanpix

Congestion in Asian ports is now as bad as during Covid

The Port of Singapore has not seen such pressure from high container volumes since the pandemic as nervous shippers move forward the peak season.

For subscribers

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

For subscribers

Container

Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

For subscribers

Ports

Congestion in Asian ports is now as bad as during Covid

The Port of Singapore has not seen such pressure from high container volumes since the pandemic as nervous shippers move forward the peak season.

For subscribers

Container

Less than one percent of the container fleet is currently idle

New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.

For subscribers

Container

14 arrested at demonstration in front of Maersk headquarters

14 people have been charged with trespassing in connection with the demonstration on Esplanaden in Copenhagen.

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Bulk

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Bulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.

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This week's top stories on ShippingWatch

Environmental compromise

Russian businesses

Fast asleep

APM Terminals and the Chinese

Shipowners and the EU

Further reading:

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APM Terminals: Europe the goal of Chinese agreement

Niels Smedegaard: Shipping was fast asleep

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Spot prices for container freight continue to rise

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

14 arrested at demonstration in front of Maersk headquarters

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Jobs