ShippingWatch

Last week's top stories on ShippingWatch

Corruption charges against Maersk resurfaced, interim reports from various various dry bulk and specialized cargo players as well as DFDS and Maersk Broker dominated headlines on ShippingWatch this week.

Interim reports

This week brought several interim reports from players including DFDS, Maersk Broker and BW LPG:

DFDS raises full-year 2015 forecast

BW LPG: Best quarter for gas ever

Avance Gas: Strong VLGC the next 18 months

Maersk Broker delivered significant growth in 2014

Zim lands profit after restructuring

Oil boomer Welltec: 2015 is highly uncertain

 

Back and forth in corruption speculations

The Danish Fraud Squad financial police has entered the case involving corruption charges against a Maersk company in relation to the comprehensive Petrobras bribery affair:

Major confusion in Brazilian bribery case against Maersk

Maersk one of several suspects in the Petrobras affair

Media: Maersk drawn into Brazilian corruption scandal

 

The Odfjell legacy

Photo: Odfjell
Photo: Odfjell

Photo: Odfjell

What is it like to be chosen for a career that one, at first, is not attracted to? ShippingWatch visited Norway's Odfjell, where Kristian Mørch has been appointed new CEO:

Odfjell: Carriers must take responsibility for the crisis 

Laurence Odfjell's winding road into shipping

 

Not really anything to complain about

Photo: Carsten Bundgaard
Photo: Carsten Bundgaard

Photo: Carsten Bundgaard

DFDS published its first quarter result this week. There was not really anything to complain about, said CEO Niels Smedegaard, though he will likely have to deal with a new round in the Battle on the Channel:

DFDS raises full-year 2015 forecast

Only one thing really bothers DFDS' CEO 

DFDS: Disappointing ruling in Channel dispute

DFDS rival: A big victory for customers and employees

UK Competition Commission will appeal Channel ruling

 

Further reading:

Svitzer in bid to raise Korean ferry Sewol

IMO steps on road to international CO2 monitoring

Major shareholder hit by Norden's downturn

Deficit-making APL continues cost reduction efforts  

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