International carriers have been busy rescuing thousands of boat refugees trying to cross the Mediterranean from Libya to Italy. The humanitarian disaster resulted in a summit on Thursday among European heads of state.
Hundreds of senior executives and leading figures from shipping and finance were gathered for the Sea Asia summit in Singapore this past week. ShippingWatch was present as well.
Maersk-owned salvage and towage company Svitzer will merge its salvage business with US-based Titan.
Shipyards in the Baltic Sea and the North Sea look set to come under further pressure from Poland's Remontowa yard, which aims for continued growth in markets including offshore.
One of the world's largest dry bulk carriers, Danish D/S Norden, welcomed a new chairman on Thursday - and a new CEO will take over on May 1st.
Norden chairman Klaus Nyborg. Photo: D/S Norden
Carsten Plougmann Andersen will resign from Maersk Supply Service after more than ten years as CEO of one of the Maersk Group's top earners.