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09/05/2014at 15:01

This week's top stories on ShippingWatch

Nicaragua is planning a canal to compete with Panama, developments in the struggling German shipping industry, and Thorco said goodbye to its CEO. These are just some of the biggest stories on ShippingWatch this past week.
BY LOUISE VOGDRUP-SCHMIDT

The new ShippingWatch magazine is out now

Read it here

 

The Stadil family dismissed CEO after just one year:

Thorco Shipping dismisses CEO

Why Thorco and Ramskov parted ways

 

Maersk Broker took a big hit in 2013. Newbuilding contracts and charter parties signed at towering prices ahead of the financial crisis had a serious impact on the company's result:

Maersk Broker's profit in sharp decline 

Maersk Broker hit by the financial crisis

 

The German shipping industry has seen better days. ShippingWatch has visited Hamburg:

Hamburg Süd prepares for more competition 

The transformation of Hamburg Inc

 

Nicaragua is ready to invest big-time in a canal to compete with Panama:

Plan for the Nicaragua Canal ready next month

 

Further reading:

Safmarine's plans for Africa:

Safmarine holds key to Maersk Line's Africa-plan

 

New European railway in light of the coming sulphur regulations:

SECA requirements lead to new European rail link

 

Piracy became cheaper:

Report: Costs related to Somali piracy cut in half 

Related articles:

  • Photo: Malene Korsgaard Lauritzen

    ShippingWatch magazine out now

  • Photo: Maersk Broker

    Maersk Broker hit by the financial crisis

    For subscribers

  • Photo: Avance Gas

    Avance Gas: Frontline opens doors to new investors

    For subscribers

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Maersk CEO Vincent Clerc (left) and MSC CEO Søren Toft are following very different strategic directions. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix
Container

Maersk could be heading for a price war with MSC

After a profit of historic proportions in 2022, Maersk is facing a new reality this year, entailing a potential price war unleashed by the carrier’s partner in the disbanded 2M alliance, MSC, predicts Drewry.
  • Opinion: Maersk and MSC heading for direct confrontation over customers
  • Drewry director eyes one central weakness in Maersk's strategy

For subscribers

Foto: Ints Kalnins/Reuters/Ritzau Scanpix
Carriers

Oil prices extend gains following earthquake and Chinese demand rebound

Arkivbillede | Foto: Casper Dalhoff / Ritzau Scanpix
Container

Maersk redirects traffic following earthquake

For subscribers

Foto: Sund & Bælt
Offshore

Danish authorities suspending 23GW of offshore wind projects

For subscribers

Foto: Magnus Møller
Featured

Eitzen son wants to electrify shipping as new CEO of Christiania Shipping

For subscribers

Mads Drejer, driftsdirektør hos Scan Global Logistics | Foto: Pr-foto Scan Global Logistics
Logistics

New owner to improve Scan Global Logistics’ acquisition abilities

For subscribers

Further reading

Foto: Jon Nazca/Reuters/Ritzau Scanpix
Container

Carriers are becoming more punctual following massive delays during the pandemic

The 14 leading carriers improved their schedule reliability in 2022, shows new report. But pre-pandemic levels are still far away.

For subscribers

Arkivbillede | Foto: Casper Dalhoff / Ritzau Scanpix
Container

Maersk redirects traffic following earthquake

Earthquakes in Türkiye and Syria struck port city as well, affecting Maersk’s activities in the area.

For subscribers

Palle Laursen has spent almost his entire career at Maersk where he began as a maritime engineer in 1998. He now retires as chief of fleet. | Foto: Maersk
Container

Maersk's chief of fleet leaves after 25 years as reshuffling continues

Palle Laursen leaves Maersk after 25 years in the company. Another leader is also out the door, as Vincent Clerc continues to put his stamp on the shipping giant.

For subscribers

Latest news

  • Maersk could be heading for a price war with MSC – 12:53
  • Oil prices extend gains following earthquake and Chinese demand rebound – 10:25
  • Maersk redirects traffic following earthquake – 08:52
  • Danish authorities suspending 23GW of offshore wind projects – 07:22
  • Fredriksen company raises funds for arbitration case against shipyard – 6 Feb
  • French shipping tycoon ramps up M&A hunt with eye on Bollore arm – 6 Feb
  • Stolt-Nielsen plans listing for Stolt Tankers in 2023 – 6 Feb
  • Eitzen son wants to electrify shipping as new CEO of Christiania Shipping – 6 Feb
  • New owner to improve Scan Global Logistics’ acquisition abilities – 6 Feb
  • DP World expects uncertain growth developments in 2023 – 6 Feb
See all

Jobs

  • Chartering Manager for Lauritzen Bulkers A/S

  • Vessel Manager Marine and QA

  • Commercial Contract Manager for the Offshore Wind Industry

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Senior Financial Controller

  • Fleet Manager

  • Head of P2X Marketing and Sales (m/f/d)

  • Ambitious employee for Shipping office wanted

  • Foundation Package Manager - Offshore wind industry

Jobs

  • Chartering Manager for Lauritzen Bulkers A/S

  • Vessel Manager Marine and QA

  • Commercial Contract Manager for the Offshore Wind Industry

  • Copenhagen Shipping Company is hiring a skilled cargo broker

  • Senior Financial Controller

  • Fleet Manager

  • Head of P2X Marketing and Sales (m/f/d)

  • Ambitious employee for Shipping office wanted

  • Foundation Package Manager - Offshore wind industry

See all jobs

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