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10/07/2015at 14:19

This week's top stories on ShippingWatch

Maersk Line made another move with a new billion dollar order for new ships, developments in debt-stricken Greece, a bunker acquisition and the sale of Esvagt are among this week's top stories.
Photo: Maersk Tankers
by DANIEL LOGAN

Maersk Line's billion dollar order

Maersk Line placed its third order for new ships in just six months:

Maersk Line orders new ships for USD 1.1 billion

Maersk Line: We need more versatile ships

While A.P. Moeller-Maersk's coffers are bulging:

Money at Maersk is gathering dust

Investors: Maersk faces investment crisis

The Greek tragedy

Greece is struggling to secure a debt plan for the country's economy. This will likely impact the shipping industry alongside numerous other sectors:

How the crisis could impact the Greek shipping industry

Capital control keeps Greek ships trapped in ports

Greeks hold significant portion of global container market

Greece votes no in referendum

The sale of Esvagt

The long-awaited sale of Esvagt was finally settled this week:

Equity funds acquire Esvagt for hundreds of millions 

Photo: Esvagt

Bunker Holding strikes again

Bunker Holding announced the acquisition of a US-based bunker player:

Bunker Holding acquires major US-based competitor

OW bankruptcy boosts Dan-Bunkering to record levels

 

Further reading:

Avance Gas: We are making super profits on VLGCs

"I would absolutely have done the same thing today"

World's largest car carrier vessel will strengthen competitive edge 

Related articles:

  • The world's largest car carrier vessel Höegh Target, which can hold 8,500 cars at a time. | Photo: Höegh Autoliners

    World's largest car carrier vessel will strengthen competitive edge

    For subscribers

  • Photo: Avance Gas

    Avance Gas: We are making super profits on VLGCs

  • Photo: Golden Ocean

    "I would absolutely have done the same thing today"

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Foto: Christian Charisius/AP/Ritzau Scanpix
Container

European carrier orders 12 methanol vessels at Korean yard

A South Korean yard has received an order for 12 green methanol ships. Methanol is beginning to look like the fuel of the future, says one ship broker.
  • Maersk's large methanol-fueled ships now under construction
  • Leading carriers are preparing wave of orders for green container ships

For subscribers

Wärtsilä's financial loss after the Russian exit has been felt in all corners of the business, says head of marine systems Tamara de Gruyter. | Foto: Wärtsilä
Suppliers

Wärtsilä had to abandon valuable projects after departure from Russia

For subscribers

Foto: PR / Bunker Holding
Container

Dan-Bunkering has millions tied up in collapsed British shipping company

Anders Holch-Povlsen er storaktionær i webshoppen Asos, som har indgået et stort samarbejde om transport med Maersk. | Foto: Jens Dresling/Ritzau Scanpix
Logistics

Maersk becomes logistics partner for Asos

For subscribers

Logistics

Freight forwarder acquires the very last jumbo jet from Boeing

Foto: Ritzau Scanpix/Andrew Biraj
Regulation

Carriers scrapped 292 vessels on South Asian beaches last year

For subscribers

Further reading

Foto: Christian Charisius/AP/Ritzau Scanpix
Container

European carrier orders 12 methanol vessels at Korean yard

A South Korean yard has received an order for 12 green methanol ships. Methanol is beginning to look like the fuel of the future, says one ship broker.

For subscribers

Foto: Ritzau Scanpix/Andrew Biraj
Regulation

Carriers scrapped 292 vessels on South Asian beaches last year

Even though 2022 marked a decade-long low for dismantled ships along South Asian beaches, the number is still alarming, states Shipbreaking Platform. A total of 292 ships were scrapped at the controversial yards.

For subscribers

Foto: Shailesh Andrade/reuters/ritzau Scanpix
Container

Carriers move tonnage from weakened China to especially two other routes

Container liners have to a large extent transferred tonnage from routes out of Asia throughout 2022 to the benefit of two alternative routes in particular.

For subscribers

Latest news

  • European carrier orders 12 methanol vessels at Korean yard – 1 Feb
  • Dan-Bunkering has millions tied up in collapsed British shipping company – 1 Feb
  • Carriers scrapped 292 vessels on South Asian beaches last year – 1 Feb
  • Maersk becomes logistics partner for Asos – 1 Feb
  • Wärtsilä had to abandon valuable projects after departure from Russia – 1 Feb
  • Freight forwarder acquires the very last jumbo jet from Boeing – 1 Feb
  • Dof board wants shareholders to rapidly approve rescue plan – 1 Feb
  • Carriers move tonnage from weakened China to especially two other routes – 1 Feb
  • Drilling rig company awarded with USD 392m deal for deepwater drillship – 1 Feb
  • Maersk and German start-up wants to enhance emission visibility for global e-trade – 1 Feb
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