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29/08/2014at 15:14

This week's top stories on ShippingWatch

The past week brought numerous second quarter interim reports, especially from John Fredriksen's companies, while Maersk Container Industry got a new CEO and the first names attending Danish Maritime Days were revealed.
Photo: North Atlantic Drilling
BY KATRINE GRØNVALD RAUN

A week of Fredriksen's financial results

Several of John Fredriksen's companies published 2nd quarter results this week. Get an overview here:

John Fredriksen: Rosneft deal is very important

Dry bulk fails Golden Ocean's expectations

John Fredriksen continues his investment strategy

Frontline 2012: US condensate could be a game changer

Replacement at MCI

Photo: Pressefoto
Photo: Pressefoto

Stig Hoffmeyer is the new CEO of Maersk Container Industry, which plans to move its management team from Tinglev to Copenhagen in 2015:

Stig Hoffmeyer new CEO of Maersk Container Industry

Maersk's container factory suffered big deficit in 2013

Danish Ship Finance and the rating

Danish Ship Finance finished the 2nd quarter with a significantly improved result, but the company is still struggling with its rating:

Danish Ship Finance makes USD 149 million profit

Danish Ship Finance keeps fighting poor rating

Moody's: One single big customer hurts Danish Ship Finance's rating

The German banks

HSH Nordbank is ready for the EU's health check, which many observers believe will hit the shipping banks in particular, according to the bank's management:

HSH performs major impairments on shipping

NordLB calls for caution in the shipping market

Commerzbank divesting container ships

Further reading:

Here are the first names for the Danish Maritime Forum

Pontoppidan: Nordic Shipholding's growth plan intact

Ramboll backtracking in Norway

APM Terminals: Significant interest in the Nicaragua Canal 

Related articles:

  • NordLB calls for caution in the shipping market

    For subscribers

  • Photo: BW Group

    Here are the first names for the Danish Maritime Forum

  • John Fredriksen continues his investment strategy

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Foto: Höegh Autoliners
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.
  • Norwegian carrier lands another large gas deal with Germany
  • Höegh Autoliners joins climate coalition

For subscribers

Foto: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

For subscribers

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

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

For subscribers

”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"

For subscribers

Foto: Tatiana Meel/Reuters/Ritzau Scanpix
Regulation

EU considers capping Russian fuel prices at USD 100 a barrel

For subscribers

Foto: Statoil/AP/Ritzau Scanpix
Offshore

Borr Drilling raises USD 400m to pay off debt

For subscribers

Further reading

Chief execs of Maersk and MSC, Vincent Clerc and Søren Toft, acknowledges that much have changed for the carriers since launching the 2M alliance. For that reason, the partnership is now ended. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix
Container

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.

For subscribers

Foto: Phil Noble/Reuters/Ritzau Scanpix
Container

Maersk settles in sexual harassment case between captain and cook

U.S. Marine Management Inc., a subsidiary to Maersk Line Limited, closes legal matter regarding a sexual harassment aboard ship through an undisclosed settlement. It is the fourth harassment case in Maersk’s US branch.

For subscribers

Foto: Höegh Autoliners
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.

For subscribers

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