This week's top stories on ShippingWatch

The OW Bunker case kept rolling this week, where Maersk Broker announced its willingness to join the merger wave and Maersk Line CEO's talked about 2M. Read on to learn more.

Photo: Carsten Bundgaard

What's up and down in OW Bunker?

The race to place the responsibility for the OW Bunker meltdown continued this week, where the lawyers representing the company's management entered the scene for real:

Major shareholder got out of OW Bunker in time 

OW Bunker crash now hitting carriers

OW's management knew about giant Singapore credits

Pension giants to scrutinize OW Bunker collapse

Photo: Kasper Palsnov/Jyllands-Posten
Photo: Kasper Palsnov/Jyllands-Posten

Maersk Broker open to merger

Like several other global brokerage houses, Maersk Broker is now also open to finding new partners, CEO Anders Hald told ShippingWatch:

Maersk Broker considering merger

Platou sold to Clarksons for GBP 281.2 million

Photo: Carsten Bundgaard
Photo: Carsten Bundgaard

The container game

Maersk Line CEO Søren Skou talked about the plans for 2M, while Lars Mikael Jensen, who had been appointed CEO of the collapsed P3 alliance, presented his view of the Asian container market:

Skou: Maersk Line and MSC must be equally reliable

Lars Mikael Jensen: Asia is far from mainstream Europe

SeaIntel: Far too many big container ships next year

Bleak prospects: Asset values headed for new dive

The crisis could postpone equity funds' exit from shipping

Further reading:

Hafnia: Tanker rates headed for great finish in 2014

Torm in non-compliance with loan facilities

Wall Street has Torm in a speculative iron grip 

More from ShippingWatch

Ørsted wants Maersk as customer in green methanol project

Energy company Ørsted has just bought 45 percent of Swedish Flagship One, which is set to produce green methanol for the shipping industry as of 2024. Ørsted's head of hydrogen wants Maersk as customer in the large scale project, he tells ShippingWatch.

Singapore names its biggest bunker suppliers

TFG Marine, a bunker company founded by two John Fredriksen-controlled carriers and commodity trader Trafigura, is among the five biggest bunker suppliers in Singapore in 2021. See the list here.

Record number of ships passed through Suez in 2021

Despite the blockage in the Suez Canal during spring of last year, the crucial waterway set a record for the number of ships passing through in 2021, reports Bloomberg. The canal is expected to complete an expansion by the middle of next year.

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