Last week's top stories on ShippingWatch

This week ShippingWatch revealed the concrete events surrounding the fatal Bulk Jupiter shipwreck. The EU's Commissioner for Competition, Margrethe Vestager, shared her views on shipping, and MAN Diesel & Turbo talked about its growth plans.

BY KATRINE GRØNVALD RAUN

The shipwreck and the bauxite

What really happened when dry bulk vessel Bulk Jupiter sank in the South China Sea?

The truth about Bulk Jupiter obscured by silence

Bulk Jupiter crew fatal victim to worst rains in a century

IMO warns bulk carriers of dangerous bauxite cargoes

EU Commissioner for Competition shares her views om shipping

In her first interview about the maritime industry, the EU Commissioner for Competition, Margrethe Vestager, talked about her views on the shipping industry:

Vestager ready to modernize tonnage tax

EU Commission defends major container alliances

MAN Diesel & Turbo is looking to buy

MAN Diesel & Turbo will once again manufacture engines in Frederikshavn, Denmark, and the company is also on the lookout for possible acquisitions, explained CEO Dr. Uwe Lauber this week:

MAN relaunches engine production in Denmark

MAN Diesel & Turbo chasing acquisitions in tough market

MAN Diesel & Turbo CEO Uwe Lauber 3x5.jpg

Photo: Preben Nielsen/E-frame

Further reading:

Bunker Holding now targeting global top spot

Shell: LNG still the fuel of the future

Norient Product Pool expanded with Diamond S

Fleet growth pushes Copenhagen into product tanker elite

Bulk Jupiter crew fatal victim to worst rains in a century
For subscribers
Vestager ready to modernize tonnage tax
MAN Diesel & Turbo chasing acquisitions in tough market
For subscribers

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Halvor Sveen is chief executive of Oslo-based shipping bank Maritime & Merchant. | Foto: Marine Money/Oscar May

Suppliers

Maritime & Merchant notes fierce competition in loans for shipping

Maritime & Merchant Bank took a close look at peer Danish Ship Finance, which was recently sold.

Erling Braut Haaland buys up in Norwegian shipping bank

Norwegian shipping bank expands portfolio despite container downturn

For subscribers

Logistics

Packed container ships trigger surge in air freight demand

For subscribers

The penal code provision on trespassing is used when someone enters private property without permission. | Foto: Jens Dresling/Ritzau Scanpix

Container

14 arrested at demonstration in front of Maersk headquarters

For subscribers

Chief executibe of Wallenius Wilhlemsen Lasse Kristoffersen, and chief executive of Höegh Autoliners Andreas Enger. | Foto: Wallenius Wilhelmsen and Javad Parsa

Carriers

Norwegian car carriers bag multi-year contracts

For subscribers

Foto: Hannibal Hanschke/Reuters/Ritzau Scanpix

Regulation

IMO's fossil fuel ban in the Arctic faces criticism

For subscribers

Container

Record influx of container ships this year will not cause trouble until 2025

For subscribers

Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

For subscribers

”We are very happy with how our new organization is working and we are hearing the same from our customers,” writes Kuehne+Nagel about the reorganization implemented at the company in early spring. | Foto: Daniel Reinhardt/AP/Ritzau Scanpix

Kuehne+Nagel triggers unrest among staff with new management structure

The 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 cargo carriers discussed the green transition at Marine Money Week. | Foto: Foto: Marine Money Week

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Bulk 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 idle

New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.

For subscribers

Foto: Bernd Von Jutrczenka/AP/Ritzau Scanpix

Congestion in Asian ports is now as bad as during Covid

The 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

Analysis: Capesizes have become too expensive despite strong market

Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.

For subscribers

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

For subscribers

Container

Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

For subscribers

Ports

Congestion in Asian ports is now as bad as during Covid

The 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

Container

Less than one percent of the container fleet is currently idle

New data shows that only 77 container ships in the entire global fleet are not working, a number not seen since the pandemic.

For subscribers

Bulk

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Bulk majors Golden Ocean, Genco and Navios do not see a consensus on green fuels for bulk shipping in the short term.

For subscribers

Bulk

Analysis: Capesizes have become too expensive despite strong market

Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.

For subscribers

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Last week's top stories on ShippingWatch

The shipwreck and the bauxite

EU Commissioner for Competition shares her views om shipping

MAN Diesel & Turbo is looking to buy

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Related articles

Bulk Jupiter crew fatal victim to worst rains in a century

Vestager ready to modernize tonnage tax

MAN Diesel & Turbo chasing acquisitions in tough market

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs