New times in Royal Arctic Line
Royal Arctic Line does not just have a new person at the helm, but also a brand new strategy, which could result in the laying off of more than 100 workers. ShippingWatch sat down for an interview with new CEO Verner Hammeken.
Bad timing, Hapag-Lloyd
Timing for the IPO of major German carrier Hapag-Lloyd procved poor, to put it mildly. But it is also a symptom of the current troubles for the global container industry.
New tonnage tax
The Danish government has finally made a move with a proposal for a new and wider-ranging tonnage tax in Denmark. But the crucial piece of the puzzle is still missing, says The Danish Shipowners' Association, i.e., expansion of the net resurrecting scheme (DIS).
Prolonged offshore crisis
DNB's Global Head of Shipping, Offshore and Logistics Division, Kristin H. Holth, manages loans of DKK 25 billion to shipping and offshore companies. She believes the offshore market might not see a recovery until 2018.
DSV did it again