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23/10/2015at 15:31

This week’s top stories on ShippingWatch

Maersk Line’s downgrade of expectations, sulfur violators in Danish waters and a new player in the Arctic, along with dubious Danish carrier support and Clippers lawsuit against the national soccer arena, were among this week’s top stories on ShippingWatch.
Photo: Clipper
BY KATRINE GRØNVALD RAUN

Maersk’s struggle in the container market

On Friday, the Maersk Group downgraded financial expectation for the full year. A miserable container market carries the blame:

Maersk downgrades 2015 expectations  

Maersk Line downgrade heralds industry downturn 

Smedegaard: Low rates collide with 2016 contracts 

Northern European sulfur violators

Danish authorities have caught a range of ships with excess sulfur levels in their ship fuel:

This is where the ’Danish’ sulfur violators come from 

Shipowners: Isolated Danish sulfur efforts are not enough 

Bonfils and Monjasa launch new company

Photo: First Arctic
Photo: First Arctic
 

Former partner in Nordic Bulk Carriers, Christian Bonfils, has joined forces with Monjasa and launched a new company:

Former Nordic Bulk Partner and Monjasa to collaborate in the Arctic 

"I had to get away and shut down" 

Further Reading

Denmark might have misled EU on state aid to carriers 

Clipper in million-dollar dispute with former soccer boss 

BW Pacific gears up for IPO 

Shipping included in draft for climate negotiations 

APM Terminals invests in Latin American capacity expansion 

Seadrill explains itself in Sevan’s corruption case

Maersk dangles millions in front of Indonesia 

Maersk downplays statement from Indonesian minister 

HSH Nordbank approved for bailout 

Major container player drops Asia to Black Sea route 

Maersk Line merges two services, freeing nine ships 

BW Pacific will not go public at any cost 

A2SEA takes first step into Asia 

Related articles:

  • Photo: Hanjin

    Maersk Line downgrade heralds industry downturn

  • Photo: First Arctic

    "I had to get away and shut down"

    For subscribers

  • Photo: Presse

    Tanker CEOs see growth over the next two years

    For subscribers

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Foto: Höegh Autoliners
Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

After a difficult time during the pandemic, 2022 has exceeded all expectations for car carriers, says chief exec of Höegh Autoliners. Low capacity and electric cars out of China are main factors in elevating prices.
  • Norwegian carrier lands another large gas deal with Germany
  • Höegh Autoliners joins climate coalition

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Foto: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

For subscribers

Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
Tanker

Fredriksen now owns nearly as many Euronav shares as the Saverys family

For subscribers

”Blue Water wants to grow – but it will be with a focus on profitable growth, and we will hold on to our strong values, unique customer focus and high level of satisfaction among both customers and personnel,” states Kurt Skov, founder and departing chair at Blue Water Shipping. | Foto: Carsten Andreasen/Ritzau Scanpix
Logistics

Blue Water founder promises future "focus on profitable growth"

For subscribers

Foto: Tatiana Meel/Reuters/Ritzau Scanpix
Regulation

EU considers capping Russian fuel prices at USD 100 a barrel

For subscribers

Foto: Statoil/AP/Ritzau Scanpix
Offshore

Borr Drilling raises USD 400m to pay off debt

For subscribers

Further reading

Chief execs of Maersk and MSC, Vincent Clerc and Søren Toft, acknowledges that much have changed for the carriers since launching the 2M alliance. For that reason, the partnership is now ended. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix
Container

End of 2M alliance could trigger a domino effect

A new reality on freight markets and a need for fewer ties could be main reasons behind MSC and Maersk terminating their partnership. More alliance dissolutions could be coming, according to shipping analyst.

For subscribers

Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
Tanker

Fredriksen now owns nearly as many Euronav shares as the Saverys family

Through subsidiaries, Fredriksen’s shareholding in Euronav has reached nearly 25 percent, almost matching that of the Saverys, who blocked a merger with Frontline. Interesting development, says analyst. 

For subscribers

Foto: Höegh Autoliners
Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

After a difficult time during the pandemic, 2022 has exceeded all expectations for car carriers, says chief exec of Höegh Autoliners. Low capacity and electric cars out of China are main factors in elevating prices.

For subscribers

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  • Blue Water founder promises future "focus on profitable growth" – 27 Jan
  • Borr Drilling raises USD 400m to pay off debt – 27 Jan
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  • Maersk rebrands Hamburg Süd and several other well-known subsidiaries – 27 Jan
  • Car carriers have rarely seen such profits: "We are probably at an all-time high" – 27 Jan
  • Fredriksen now owns nearly as many Euronav shares as the Saverys family – 27 Jan
  • EU considers capping Russian fuel prices at USD 100 a barrel – 27 Jan
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