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24/10/2014at 15:16

This week's top stories on ShippingWatch

Danish candidate enters the race to become IMO Secretary General, OW Bunker's new downgrade and Turkish Yildrim's European acquisition plans took center stage this week, alongside numerous other stories on ShippingWatch.
Photo: Gorm Olesen
BY LOUISE VOGDRUP-SCHMIDT

Nordseth enters IMO Secretary General race

On Thursday, Andreas Nordseth, Director General of the Danish Maritime Authority, was officially named as candidate for the position as Secretary General of the IMO:

Denmark nominates Nordseth to head IMO

The road to the IMO's seat of power

 

OW Bunker downgrades again

OW Bunker's 3rd quarter interim report included another downgrade from the bunker company, which has been hit hard by the falling oil price:

OW Bunker lowers growth forecast

ATP: OW Bunker has breached our trust

 

Yildrim's strategy...

... includes share sales and European acquisitions, the company's CEO told ShippingWatch:

Yildirim Holding to invest massively in ports

Yildirim to sell its CMA CGM shares in 2015

 

Bunker requirements and ballast water

The meeting of the IMO's Marine Environment Protection Committee, MEPC, brought decisions about ballast water and bunker requirements, which were met with praise from the organizations:

Russia loses NOx fight at the IMO

Intertanko: IMO bunker initiative only first step

IBIA: IMO takes a step forward on bunker

 

Further reading

Maersk Line will continue to sail slow:

Maersk Line sticks to slow steaming

The new EU Commissioner for Transport:

The name is Bulc... Violeta Bulc

Shipowners: Transport Commissioner sends clear signals

Jens Martin Jensen's new role at Frontline:

Jens Martin Jensen steps down as Frontline CEO

Klaus Nyborg's new role as Chairman:

Klaus Nyborg appointed new Chairman of USTC 

Related articles:

  • Photo: Gorm Olesen

    Denmark nominates Nordseth to head IMO

  • Jens Martin Jensen steps down as Frontline CEO

  • Photo: OW Bunker

    ATP: OW Bunker has breached our trust

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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

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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: 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

Foto: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Hamburg Süd will lose its company name and gradually be integrated into the Maersk brand. A number of other subsidiaries face rebranding as well.

For subscribers

Latest news

  • Blue Water founder promises future "focus on profitable growth" – 27 Jan
  • Borr Drilling raises USD 400m to pay off debt – 27 Jan
  • Income for ice class tankers has surged by 1,644 percent following sanctions – 27 Jan
  • Floating power station to provide energy for one million Ukrainians – 27 Jan
  • Maersk rebrands Hamburg Süd and several other well-known subsidiaries – 27 Jan
  • Car carriers have rarely seen such profits: "We are probably at an all-time high" – 27 Jan
  • Fredriksen now owns nearly as many Euronav shares as the Saverys family – 27 Jan
  • EU considers capping Russian fuel prices at USD 100 a barrel – 27 Jan
  • New partnership to investigate potential human rights abuse at sea – 27 Jan
  • Singaporean competition authorities to probe DSME sale – 27 Jan
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