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This week's top stories on ShippingWatch

Hafnia Looks set for an IPO in 2015. Dry bulk made headlines again. Maersk execs in play for new top jobs. Are scrubbers good for the environment? Here is a selection of this week's top stories on ShippingWatch.

BY TOMAS KRISTIANSEN

Hafnia Tankers headed for an IPO

Analysts: Potential IPO for Hafnia Tankers in 2015

Hafnia Tankers made USD 11 million operating profit in 2014

 

Are scrubbers good for the environment?

Report: Scrubbers clean the air but pollute the sea

DFDS enraged about scrubber criticism

 

Dry bulk made headlines again

Ultrabulk: Our business model can survive the crisis

Bulk crisis cuts Ultrabulk's bottom line in half

Nordea Markets: Chinese slowdown could last for decades

Dry bulk merger: Worst market in 40 years

Brokers: No rate improvement for Capesize ships

Dry bulk meltdown could be a mere first warning

 

Alliance volumes came as surprise

DP World: Alliances have surprised the industry

DP World exceeded expectations in 2014

 

Oil price is changing the North Sea

Report: Norwegian offshore carriers lose 4.2 percent this year 

Transocean scraps four rigs and takes big loss 

Clarksons: Big market for decommissioning in North Sea 

Russian billionaire to sell North Sea fields after all 

UK plans lower oil taxes in the North Sea

Siem Offshore preparing to split the company in two 

More from ShippingWatch

Shipping in a safe position despite shaky world economy

”Many of the carriers are very well-capitalized right now. They can endure declining rates without any real consequences,” states Christopher Rex from Danish Ship Finance. | Photo: PR / Danmarks Skibskredit/Connecticut Maritime Association

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Less congestion makes dry bulk rates decline

Photo: PR / J. Lauritzen

Port congestion has eased, leading to a decrease in dry bulk rates. According to Clarksons, the development is not least due to low industrial production in China following Covid lockdowns.

MPA appoints new CEO

Foto: Ed Wray/AP/POLFOTO/arkiv/AP

Quah Ley Hoon steps down as CEO of Maritime and Port Authority of Singapore at the beginning of September after around three and a half years on the post.

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Latest news

  1. Ships resume Taiwan routes even as China continues to drill
  2. Shipping in a safe position despite shaky world economy
  3. Less congestion makes dry bulk rates decline
  4. Kuehne + Nagel offers carbon-free transport using biofuel
  5. MPA appoints new CEO
  6. Waning European demand could significantly impact container market
  7. Oil stays low – price decline unlikely to hold
  8. United Heavy Lift sees full ships on booming oil, gas and wind
  9. UK’s biggest container port to be hit by eight days of strikes
  10. Private equity firm takes over Lloyd's List
  11. DFDS provided green light by UK authorities to collaborate with P&O
  12. DHL shuts down internal business in Russia but reopens in Ukraine
  13. Eagle Bulk's net result skyrocketed in Q2
  14. Star Bulk Carriers benefits from higher rates in Q2
  15. Three more ships loaded with grain cleared to depart from Ukraine
  16. DFDS has large sums caught in European VAT spat: "This will affect all forms of transport"
  17. Norden announces fourth upgrade this year due to product tanker upswing
  18. DHL reports “record operating profit” for the second quarter
  19. Seaspan owner receives takeover proposal from group that includes ONE
  20. Global coal usage rises in wake of Covid-19 and gas crises

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