Carrier Norden's downturn in 2014, following the collapsed dry bulk market, had a big negative impact on one of the largest shareholders, Norwegian Rasmussengruppen, which owns 11.5 percent of the shares in the carrier.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
New clause could lead to legal disputes and come as a surprise for operators
CII: A new clause puts a lot of responsibility for disputed climate regulations at operator’s feet. It paves the way for numerous legal disputes regarding value drops on ships, lawyer predicts.
Leading carriers are preparing wave of orders for green container ships
French container carrier CMA CGM and two other major carriers are close to ordering a large number of new box vessels equipped to sail on green fuels, according to Alphaliner.
Oldendorff issues crass critique of CII: "Will do more damage than good"
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
Western countries attempt to dissolve oil tanker traffic jam in Turkish waters
New sanctions on Russian crude have led to congestion of oil tankers in Türkiye’s waters. Diplomats are working to solve the problem.
Seaspan makes deals with customers as usual despite criticized climate clause
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.
Commercial Contract Manager for the Offshore Wind Industry 
Consultant to the maritime industry 
Head of Sales and Marketing 
Claims Executive - Skuld Copenhagen 
Assistant Controller 
Head of Fuel Concepts