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This week's top stories on ShippingWatch

Maersk and Torm's discontinuation of a tanker collaboration, challenges for industry suppliers and a poor result from Royal Arctic Line featured among the big news on ShippingWatch this week.

Finished

Torm and Maersk decided this week to discontinue the tanker pool the carriers have collaborated on for 13 years.

Maersk and Torm discontinue tanker pool

Maersk now has full control of its entire tanker fleet

 

Tough times for suppliers

These are tough times for suppliers, with fierce competition in a market characterized by a slowdown, according to two CEOs.

MAN Diesel & Turbo fighting for every single order 

Viking CEO: Slower growth in the years to come

 

Royal Arctic Line suffered a major deficit

The first half of the year showed a negative development for Royal Arctic Line - a development that looks set to continue.

Struggling Royal Arctic Line lost USD 5.8 million in 1st half of 2014

Royal Arctic Line caught in downward spiral

 

Further reading...

The new EU commissioners shipping will be working with:

Presenting the shipowners' new EU agenda

How Niras is targeting the West African market:

Niras looking to create more ports in West Africa

Cobham Satcom's marine business is growing:

Cobham: Fierce competition challenges

Vale and Cosco in large-scale iron ore collaboration:

Vale and Cosco in giant iron ore arrangement

Why the Danish flag is attractive to shipowners:

Gorrissen: Shipowners looking toward quality flags

Clarksons: Danish ship register tops global growth rankings

Maersk Maritime Technology's new CEO:

Maersk has found Mr. Triple-E's successor

And a great summer for container carriers:

Container carriers have reclaimed power over customers 

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