ShippingWatch

Last week's top stories on ShippingWatch

The North Sea rig market has almost been cut in half, scrapping in Asia, strong interim reports from DFDS and Hafnia Tankers, the aftermath of the explosion in major Chinese container port Tianjin were just some of this week's top stories on ShippingWatch.

Photo: Carsten Bundgaard

As the oil price continues to slide, the crisis in the offshore industry forges ahead at an undiminished pace.

Songa Offshore eyes two tough years ahead

New report: Rig market almost cut in half in 2015

Impairment sends Farstad into deep deficit

Prosafe takes big hit from oil downturn 

 

DFDS grows stronger

The Danish shipping and logistics group delivered yet another strong result.

All of DFDS' shipping activities improved in Q2

DFDS has plenty of cash yet no acquisition candidate 

 

Improvements for product tanker

Danish-based product tanker carrier Hafnia Tankers also published its second quarter interim report this week, while the CEO of competitor Concordia Maritime talked about the sector's prospects going forward.

Hafnia Tankers in solid profit for first half of 2015

Concordia Maritime: Recovery will continue in 2016

 

Aftermath of Chinese explosion

The explosion in the Chinese port of Tianjin, which claimed more than 100 lives, will impact the shipping industry and marine insurers.

Explosion at Tianjin will delay Maersk vessels

Marine insurance: Large ships increase risk of Tianjin incidents

 

Norway prepared to banish beaching

As the first nation in the world, Norway wants to ensure that Norwegian vessels are not scrapped irresponsibly at beaches in Asia. Danish shipowners call for a global solution.

Norwegian shipowners banish scrapping on Alang

Danish shipowners will not banish beaching 

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HHLA advances despite chaotic market

Port company Hamburger Hafen und Logistik has seen much progress this past half year despite ”major operational challenges” on a volatile market.

Borr Drilling seeks capital in the US

Tor Olav Trøim’s Borr Drilling searches for capital in the US and plans to issue shares on the New York Stock Exchange, a company statement reveals.

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