CarriersThis week's top stories on ShippingWatchMaersk 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 Tankersby DANIEL LOGANMaersk 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 Share articleRelated articlesWorld's largest car carrier vessel will strengthen competitive edgeFor subscribersAvance Gas: We are making super profits on VLGCs"I would absolutely have done the same thing today"
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SuppliersMaritime & Merchant notes fierce competition in loans for shippingMaritime & Merchant Bank took a close look at peer Danish Ship Finance, which was recently sold.Erling Braut Haaland buys up in Norwegian shipping bankNorwegian shipping bank expands portfolio despite container downturnFor subscribers
Record influx of container ships this year will not cause trouble until 2025The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.For subscribers
Record influx of container ships this year will not cause trouble until 2025The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.For subscribers
Cosco and CMA CGM expect further pressure on major European portsFrench CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.For subscribers
Cosco and CMA CGM expect further pressure on major European portsFrench CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.For subscribers
Kuehne+Nagel triggers unrest among staff with new management structureThe logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.For subscribers
Kuehne+Nagel triggers unrest among staff with new management structureThe 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 bulk players dismiss green fuels in favor of low-hanging fruitsBulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.For subscribers
Dry bulk players dismiss green fuels in favor of low-hanging fruitsBulk 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 idleNew data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.For subscribers
Less than one percent of the container fleet is currently idleNew data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.For subscribers
Congestion in Asian ports is now as bad as during CovidThe 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
Congestion in Asian ports is now as bad as during CovidThe 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
LogisticsKuehne+Nagel triggers unrest among staff with new management structureThe logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.For subscribers
ContainerCosco and CMA CGM expect further pressure on major European portsFrench CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.For subscribers
PortsCongestion in Asian ports is now as bad as during CovidThe 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
ContainerLess than one percent of the container fleet is currently idleNew data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.For subscribers
Container14 arrested at demonstration in front of Maersk headquarters14 people have been charged with trespassing in connection with the demonstration on Esplanaden in Copenhagen.For subscribers
BulkDry bulk players dismiss green fuels in favor of low-hanging fruitsBulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.For subscribers