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

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