OW Bunker scrutinized
OW Bunker went bankrupt on Friday last week. ShippingWatch has spent the past week describing what the bankruptcy means to the company, the bunker industry and the entire shipping sphere. Read all the stories here, and get an overview of the events that led to the scandal by following the first link below:
Maersk Line increases expectations
Maersk Line increased its full-year forecast, and the Group revealed that it expects the oil price to remain at the current low level going forward.
Norden and weak dry bulk developments
Danish carrier D/S Norden published an interim report that indicated the sad state in dry bulk. Other carriers experience similar developments.
Learn what one of the world's biggest banks thinks of equity funds in shipping:
Learn about the German shipbuilders' association's expectations for the future:
Maersk Broker's Head of Corporate Finance's new job:
And shipbroker developments: