Last week's top stories on ShippingWatch

Clipper's Kristian Mørch is headed to Odfjell, Maersk Line's Iran dispute, prelude to the MEPC meeting next week and the ongoing struggle in the dry bulk sector. These are the top stories this week on ShippingWatch.

BY KATRINE GRØNVALD RAUN

Maersk Tigris released

Maersk Line continued its negotiations with Iranian authorities this week, and container vessel Maersk Tigris was released on Thursday:

Maersk and Rickmers: Maersk Tigris released

Iran to release seafarers once Maersk has paid

Maersk in talks with Iranian courts for detained ship

Maersk opting to be "more cautious" at Iran

US Navy escorts British ships past Iran

Maersk calls for Iranian documentation on Maersk Tigris

New job for Kristian Mørch

Clipper co-CEO Kristian Mørch will leave the company to take over as Chief Executive of Norwegian carrier Odfjell. ShippingWatch spoke to him about the move:

Clipper Group CEO appointed new head of Odfjell

Kristian Mørch: Odfjell must strengthen its position

Odfjell improved operating result but lost USD 15 mln on bunker

The struggle in the dry bulk sector

The crisis in the dry bulk industry could last for years, and China does not look set to improve the situation, as the country has done in the past. But the market holds opportunities for some players:

China sucking the last air out of the dry bulk sector

Goldman Sachs: Dry bulk crisis until 2020

Photo: Western Bulk

Western Bulk: Only the industry can change dreadful bulk market

Western Bulk lands a profit in first quarter

Clipper looking at opportunities in collapsed bulk market

Lightship: Significant gains in volatile 2014

The IMO and the environment

The IMO's Marine Environment Protection Committee, MEPC, will hold meet in London next week:

These are the points of contention for the MEPC

Slow ballast water ratification could disrupt innovation

Further reading:

Maersk Oil: We are being challenged in Qatar

UACC achieves first positive result in 5 years

INTTRA sets up European headquarters in Copenhagen

Shipowners: German navy should rescue refugees outside of EU zone
For subscribers
Strong dollar benefited Wilh. Wilhelmsen in 1Q
For subscribers
MSC takes steps to broaden social media presence
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Halvor Sveen is chief executive of Oslo-based shipping bank Maritime & Merchant. | Foto: Marine Money/Oscar May

Suppliers

Maritime & Merchant notes fierce competition in loans for shipping

Maritime & Merchant Bank took a close look at peer Danish Ship Finance, which was recently sold.

Erling Braut Haaland buys up in Norwegian shipping bank

Norwegian shipping bank expands portfolio despite container downturn

For subscribers

The penal code provision on trespassing is used when someone enters private property without permission. | Foto: Jens Dresling/Ritzau Scanpix

Container

14 arrested at demonstration in front of Maersk headquarters

For subscribers

Chief executibe of Wallenius Wilhlemsen Lasse Kristoffersen, and chief executive of Höegh Autoliners Andreas Enger. | Foto: Wallenius Wilhelmsen and Javad Parsa

Carriers

Norwegian car carriers bag multi-year contracts

For subscribers

Photo: Hannibal Hanschke/Reuters/Ritzau Scanpix

Regulation

IMO's fossil fuel ban in the Arctic faces criticism

For subscribers

Container

Record influx of container ships this year will not cause trouble until 2025

For subscribers

Container

Cosco and CMA CGM expect further pressure on major European ports

For subscribers

”We are very happy with how our new organization is working and we are hearing the same from our customers,” writes Kuehne+Nagel about the reorganization implemented at the company in early spring. | Foto: Daniel Reinhardt/AP/Ritzau Scanpix

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

For subscribers

Dry cargo carriers discussed the green transition at Marine Money Week. | Foto: Foto: Marine Money Week

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Bulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.

For subscribers

Less than one percent of the container fleet is currently idle

New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.

For subscribers

Foto: Bernd Von Jutrczenka/AP/Ritzau Scanpix

Congestion in Asian ports is now as bad as during Covid

The Port of Singapore has not seen such pressure from high container volumes since the pandemic as nervous shippers move forward the peak season.

For subscribers

Analysis: Capesizes have become too expensive despite strong market

Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.

For subscribers

Rhett Hatcher as served as chief executive of the UK Chamber of Shipping since March this year. | Foto: UK Chamber of Shipping

UK Chamber of Shipping calls for more trade-friendly policies

Chief exec Rhett Hatcher sets out his priorities for the next government to make the UK the ”best place” for shipping.

For subscribers

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

For subscribers

Container

Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

For subscribers

Ports

Congestion in Asian ports is now as bad as during Covid

The Port of Singapore has not seen such pressure from high container volumes since the pandemic as nervous shippers move forward the peak season.

For subscribers

Container

Less than one percent of the container fleet is currently idle

New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.

For subscribers

Bulk

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Bulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.

For subscribers

Bulk

Analysis: Capesizes have become too expensive despite strong market

Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.

For subscribers

Jobs

Fuel Supplier to lead Dry Cargo for Dan-Bunkering Europe

Project Manager WTG – Offshore Wind Industry

Chartering Executive, MPP & Minibulk Services

Sales Support Manager

Chartering Manager

See all jobs

Last week's top stories on ShippingWatch

Maersk Tigris released

New job for Kristian Mørch

The struggle in the dry bulk sector

The IMO and the environment

Share article

Related articles

Shipowners: German navy should rescue refugees outside of EU zone

Strong dollar benefited Wilh. Wilhelmsen in 1Q

MSC takes steps to broaden social media presence

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs