Overcapacity and the race to have the biggest ships are solely responsible for the financially dire situation in which the shipping industry currently finds itself, says the Secretary General of the Asian Shipowners’ Forum in an exclusive interview with ShippingWatch.
BY TENNA SCHOER
The Asian Shipowners’ Forum’s humble offices in an old office building in Singapore completely contradict the trend in the shipping industry in which new ships have to be as big and flashy as possible.
How can shipping decarbonize if merely one container ship would claim an amount of sustainably produced energy corresponding to the annual consumption of Trondheim in Norway, a professor asks. Now, he presents a plan to the Research Council of Norway, which some might deem controversial.
Sanction-hit Russian tanker carrier Sovcomflot is no longer part of Skuld’s insured fleet, ShippingWatch learns. The deadline for ending the customer relationship has passed. Skuld refrains from commenting.
Hans-Christian Olesen, who has taken over leadership of Ultrabulk from Per von Appen, has grown up as a charterer and still travels around, making deals with customers. ShippingWatch has met the new chief executive.