The bad timing of Hapag-Lloyd's IPO, cut backs in Royal Arctic, a new tonnage tax in Denmark, crisis in the offshore segment, and a solid financial report from DSV are just some of the most important stories on ShippingWatch this week.
BY TOMAS KRISTIANSEN
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.
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).
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.