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This week's top stories on ShippingWatch

Annual report from the Maersk Group and a long line of other carrier's took center stake this week, which also brought several personnel developments.

Photo: Maersk Group

Get an overview of the Maersk Group annual report here

The Maersk Group published its annual report on Wednesday, which contained numerous positives but also revealed problems at Svitzer and Damco, and massive impairments at Maersk Oil:

The Maersk Group made USD 5.2 billion profit in 2014

Maersk to divest all its shares in Danske Bank

Smedegaard: 2M will strengthen Maersk Line result this year

Maersk Line: Sharp prices on new ships

Robert Uggla: Big challenges for Svitzer in Australia

APM Terminals execs dismissed for breach of internal policies

 

Bad news in the dry bulk industry...

...from carriers such as Golden Ocean, Pacific Basin and J. Lauritzen, while Germany's Oldendorff Carriers made a profit:

Fredriksen's bulk carrier Golden Ocean in giant deficit

Pacific Basin hit with huge deficit from weak market

Large bulk carrier suffers new huge loss

J. Lauritzen sees horrible 2015 ahead

Oldendorff Carriers landed another surplus in 2014

 

DFDS and Finnlines forged ahead

The Nordic ferry operators both had a good 2014:

DFDS grew by 6 percent in 2014 

Finnlines optimistic about 2015

 

And things also looked good for the tanker carriers

Soaring VLGC rates produced towering profits for the segment:

BW LPG doubles profits in 2014

Frontline 2012 surpassed all expectations in 2014

Avance Gas sees good LPG market in coming years

 

Further reading:

Monjasa's detained ship:

Monjasa tanker detained in West Africa 

Dramatic dismissals at APM Terminals:

APM Terminals execs dismissed for breach of internal policies

Changes at Thorco's management:

CFO leaves board at Thorco following Clipper

Clipper leaves Thorco board after dispute

The end of the labor conflict in ports on the US West Coast:

Transport workers welcome new deal in US port conflict

Cleanup after port conflict could take months

The struggling offshore carriers:

Deep Sea Supply challenged on orders going forward

Rough oil market dealt Farstad a deficit in 2014 

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