ShippingWatch

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.

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 Morch.jpg

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 drawing the last air out of the dry bulk sector

Goldman Sachs: Dry bulk crisis until 2020

Western Texas Westen Bulk Jens Ismar

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

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