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

 

Further reading:

This is how much Maersk will pay for eco fuel

Scorpio Bulkers lost USD 10.7 million in 1st quarter

Scorpio Tankers: Big pressure on product tank rates

Ramboll Oil & Gas pursuing acquisitions in Norway

J. Lauritzen sells million-dollar claim against Korean carrier

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

Statoil forges ahead in first quarter