This week's top stories on ShippingWatch

Resignations at Norden as well as Nordic Bulk Carriers, the state of the tanker market and the prospects of APM Terminals are among this week's top stories on ShippingWatch.
Photo: Århus Havn
Photo: Århus Havn
BY KATRINE GRØNVALD RAUN

Goodbye to Norden's head of Panamax

Norden is reorganizing its dry bulk division and the carrier's VP and head of Panamax resigns:

Norden's head of Panamax resigns after discord

Norden changes its dry bulk organization

And another dry bulk executive also resigned this week:

Christian Bonfils resigns from Nordic Bulk Carriers

Discord with US-owner made Nordic Bulk CEO resign

The soaring tanker market

Favorable prospects for players in the tanker market:

Straits Tankers: Daily rates up to USD 40,000

Belgian supertanker announces first IPO in 2015

Euronav upscales New York IPO

The prospects for APM Terminals

The bigger ships represent a challenge for the global port industry and forces ports to invest more, while the terminal operator looks on track to realize its 2016 target:

APM Terminals headed toward USD 1 billion result

Kim Fejfer: Mega-ships force ports to more investments

Alphaliner: Asian carriers preparing to order mega-ships 

Further reading:

Norwegian bulk carrier surprises with profit in dreadful year

Baltic shipyard Fayard in strong 2014 finish 

RAL ready to receive first of five new ships in June 

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Further reading