02/05/2014at 15:42

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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Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

After a difficult time during the pandemic, 2022 has exceeded all expectations for car carriers, says chief exec of Höegh Autoliners. Low capacity and electric cars out of China are main factors in elevating prices.

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Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

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Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120

Tanker

Fredriksen now owns nearly as many Euronav shares as the Saverys family

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”Blue Water wants to grow – but it will be with a focus on profitable growth, and we will hold on to our strong values, unique customer focus and high level of satisfaction among both customers and personnel,” states Kurt Skov, founder and departing chair at Blue Water Shipping. | Foto: Carsten Andreasen/Ritzau Scanpix

Logistics

Blue Water founder promises future "focus on profitable growth"

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Foto: Tatiana Meel/Reuters/Ritzau Scanpix

Regulation

EU considers capping Russian fuel prices at USD 100 a barrel

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Offshore

Borr Drilling raises USD 400m to pay off debt

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End of 2M alliance could trigger a domino effect

A new reality on freight markets and a need for fewer ties could be main reasons behind MSC and Maersk terminating their partnership. More alliance dissolutions could be coming, according to shipping analyst.

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”To understand the reasoning behind our decision, it’s important to understand how our current strategy is very different compared to 2015. We now have an integrator strategy,” says Johan Sigsgaard, Chief Product Officer - Ocean at Maersk. | Foto: Maersk

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Johan Sigsgaard: Maersk has no ambitions of entering new major alliance

Maersk needs more independence than what participation in the 2M alliance allows for, and the carrier therefore has no intentions of forming a new major box alliance, says Ocean CPO Johan Sigsgaard.

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Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Hamburg Süd will lose its company name and gradually be integrated into the Maersk brand. A number of other subsidiaries face rebranding as well.

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ShippingWatch

This week's top stories on ShippingWatch

New book scrutinizes Maersk Line culture

Banks were still not pleased with their shipping portfolios

DFDS acts on sulphur regulations - shuts down route

Fierce competition among shipyards

Further reading:

Related articles:

DFDS: No additional route closures till after 2015

Moody's: Stable shipping climate for first time in 3 years

New sulphur regulations shut down DFDS service

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Front page now

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Fredriksen now owns nearly as many Euronav shares as the Saverys family

Blue Water founder promises future "focus on profitable growth"

EU considers capping Russian fuel prices at USD 100 a barrel

Borr Drilling raises USD 400m to pay off debt

Further reading

End of 2M alliance could trigger a domino effect

Johan Sigsgaard: Maersk has no ambitions of entering new major alliance

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Latest news

Jobs

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