30/01/2015at 14:58

This week's top stories on ShippingWatch

This week brought major changes and good news for Nordic Tankers and Eitzen Chemical, along with annual reports from Nordea and Wärtsilä.

BY KATRINE GRØNVALD RAUN

Solutions for chemical tanker carriers

Nordic Tankers consolidates its activities in Copenhagen and Eitzen Chemical settled its debt restructuring plan:

Nordic Tankers consolidates activities in Copenhagen

Nordic Tankers CEO: We now have a solid financial platform

Eitzen Chemical settles debt restructuring plan

Eitzen CEO: Now we're ready for acquisitions

Jens Grønning, CEO, Eitzen Chemical. Photo: Eitzen Chemical

The shipping market's ups and downs

Nordea published its annual report, where the shipping and oil division had a good year, while Finnish Wärtsilä saw its order intake slip a little:

Nordea: 2014 was a good year for shipping and oil

Wärtsilä projects positive market growth in 2015

Tonnage tax debate raging in Denmark

Danish offshore carriers such as Maersk and Esvagt criticized a new tonnage tax proposal from the government. A new PwC analysis ranks Denmark lowest in terms of tonnage tax schemes accommodating offshore shipping:

PwC: Tonnage tax crucial for offshore carriers

Further reading:

How MCI plans to beat its competitors

Russian sanctions could become serious now

Scorpio Tankers in open dispute with analysts

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Carriers

Christian Stadil sued for millions after bankruptcy at Thorco Shipping

Christian Stadil, his father, and former executive of the family’s bankrupt carrier were sued last week. An equity fund has money on the line.

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Lars Jensen, shipping analyst and founder of consultancy Vespucci Maritime, will from now on deliver opinion pieces to ShippingWatch twice a month | Foto: Magnus Møller

Container

Opinion: Digitalization increases the need for talent at shipping companies

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“Safety concerns persist regarding toxicity mitigation and with limited development of propulsion technology,” Shell said regarding the use of ammonia as an alternative fuel. | Foto: Umit Bektas/Reuters/Ritzau Scanpix

Suppliers

Shell does not yet believe in ammonia as an alternative fuel

For subscribers

Archival photo. Container ships at the port in Keelung Harbor, Taiwan, on Aug. 6, 2022. | Foto: Jameson Wu/Reuters/Ritzau Scanpix

Carriers

Shipping companies hand workers major bonuses as mid-year bonus

Logistics

Logistics group Geodis buys Swiss freight forwarder

For subscribers

Carriers

Canadian carrier completes managerial changes

For subscribers

Christian Stadil sued for millions after bankruptcy at Thorco Shipping

Christian Stadil, his father, and former executive of the family’s bankrupt carrier were sued last week. An equity fund has money on the line.

For subscribers

Logistics

Logistics group Geodis buys Swiss freight forwarder

With the acquisition, freight, and logistics group Geodis is one step closer to ”completing a global end-to-end network,” says company CEO.

For subscribers

Carriers

Shipping companies hand workers major bonuses as mid-year bonus

Yang Ming has codified that 1 percent of last year’s profits must go towards employee compensation. This year, the percentage amounts to USD 75m. Evergreen will also be handing out mid-year bonuses.