The world's two largest bunker companies, OW Bunker and Dan-Bunkering, made headlines this past week. Ow Bunker published its first annual report after completing an IPO, and Torben Østergaard-Nielsen's USTC performed a Board of Directors reshuffle, bringing in two fresh faces.
A disappointing annual report from Blue Water Shipping also made headlines, along with the question of when the expected dry bulk rebound will appear, and - in particular - how long it will last, seeing as China's economy is developing in a less shipping-intensive direction than in the past.
A a meeting in Copenhagen, 12 carriers agreed on the basis for a new environmental collaboration, the Trident Alliance.
Blue Water Shipping disappointed in 2013. Not satisfactory, says CEO, and the company plans to reduce investments going forward.
Dry bulk rebound on the way. The question is, how long will it last?
German shipping is nursing its wounds following the capital meltdown.
Salvage industry eyes business in the deep.
Clipper Group is still weighed down by ferries, RoRo, and tanker division.