This week's top stories on ShippingWatch

The week was characterized by annual and interim reports from the major carriers and banks, DFDS shut down a route, and the shipyards are under pressure. And analyst Lars Jensen published a book about Maersk Line.

BY LOUISE VOGDRUP-SCHMIDT

New book scrutinizes Maersk Line culture

In a new book, SeaIntel founder and CEO Lars Jensen describes the culture of Maersk Line. Get a first glimpse here:

Maersk Line power struggles impacted customers

Here is an excerpt from the new book on Maersk Line

Banks were still not pleased with their shipping portfolios

Nordea: High newbuilding rate still a threat

Lloyds sells shipping loans for USD 500 million

German bank: Shipping market still highly uncertain

Nordea's shipping and offshore profits improve

DFDS acts on sulphur regulations - shuts down route

New sulphur regulations shut down DFDS service

DFDS: No additional route closures till after 2015

Fierce competition among shipyards

Polish and Turkish yards put pressure on Danish and Northern European shipyards:

Fayard: Polish yards put pressure on repairs

German shipyards: Recovery in 2014

Danish yards want the EU to brake Turkey

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Logistics

French DB Schenker rival aims to close "white spots" on the world map

Systematic acquisitions are aiming at turning state-owned French logistics company Geodis into a fully global player.

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Container

"I just don't understand what they will do with all the conventional ships"

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In recent months, the group has bunkered biofuels for everything from cruise and ferry companies to container ships. | Foto: Roslan Rahman/AFP/Ritzau Scanpix

Ports

Bunker Holding is now able to supply biofuel to 80 ports

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The ownership of the rail operator must be shared equally with the Global Infrastructure Partners (GIP). | Photo: Max Rossi/Reuters/Ritzau Scanpix

Logistics

MSC acquires 50 percent of Italian railway company

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Unifeeder expects the two new vessels to be delivered in 2026. | Photo: Pr / Unifeeder

Carriers

Unifeeder invests in new methanol-ready vessels

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In August, Cargill International tested a new wind-powered ship. Now, in a joint development project with Lloyds Register and others, the commodities company is launching a new kamsarmax dry cargo ship that can run on methanol and wind power. | Foto: Cargill Bulgaria/Reuters/Ritzau Scanpix

Carriers

Lloyd's Register and partners have designed environmentally friendly bulk carrier

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US dockworkers union files for bankruptcy after prolonged dispute
The bankruptcy comes in connection with a lawsuit with the port company ICTSI, which sued the union after labor strikes back in 2019.
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Norway considers denying suspicious tankers access to its ports
Norway will impose a number of the same sanctions against Russia imposed by EU earlier this year.
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Panama Canal once again limits the daily number of ships
The downward adjustment of the daily number of ships allowed to pass through the canal is done in order not to further exacerbate the water crisis.
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Aker Solutions, Subsea 7 and SLB creates new joint venture
The new joint venture will have two headquarters in Oslo and in Houston.
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Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"
The Finnish company, like several other engine manufacturers, is on the verge of launching its first ammonia engine and is currently negotiating with several shipping companies.
For subscribers
Will the world come to need 12 million barrels of oil a day?
In a forecast, Jyske Bank predicts that the world will be hit by an oil shortage by 2030. A halt to new oil projects makes it worse.
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"I just don't understand what they will do with all the conventional ships"

The equivalent of 1.6 million teu of container ships have been delivered in 2023. Next year it will be 3 million teu raising one question in particular, according to Alphaliner’s senior analyst.

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Logistics

French DB Schenker rival aims to close "white spots" on the world map

Systematic acquisitions are aiming at turning state-owned French logistics company Geodis into a fully global player.

For subscribers

Logistics

MSC acquires 50 percent of Italian railway company

The major container carrier recently acquired a stake in the Spanish railway company Renfe and is now following suit with an ownership stake in the Italian rail operator Italo.

For subscribers

The price will determine whether the sale of DB Schenker will go through, sources tell DPA. | Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

Logistics

Media: Sale of DB Schenker enters next phase

After a long period of scrutiny, Deutsche Bahn is ready to pursue a sale of the major freight forwarder DB Schenker, report German media.

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Ports

Bunker Holding is now able to supply biofuel to 80 ports

New climate measures for shipping are paving the way for Bunker Holding to take an important position as a supplier of biofuel to ports around the world.

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Carriers