Maersk and Alang

The controversy surrounding Maersk Group's decision to send vessels for scrapping at the infamous beaches of Alang in India continued this week and it emerged that a rarely utilized EU rule could become pivotal.

NGOs criticize Maersk's new scrapping policy in joint statement 

Photo: Maersk Line

EU is already using scrapping rule to stop carriers 

Monjasa in new bank negotiations

The Danish growth driver is now looking for new bank deals after a just one-year agreement is being wound down by the company's current lenders.

Monjasa chasing new deal with banks 

Korean shipping crisis

The big Korean carriers and shipbuilders are fighting to stay afloat. Hyundai Merchant Marine moves forward with negotiations and a rescue plan while the major yards have plans requiring billions of dollars.

South Korea creates fund to bail out shipping 

Hyundai Merchant and shipowners agree on new contracts 

Photo: Hyundai Merchant Marine

Authorities raid Korean shipbuilder Daewoo 

Major South Korean shipyards push on with rescue plans 

Sulfur

Several carriers are surprised by the way Sweden is handling the sulfur regulations:

Maersk Line sees no solution on reversed burden of proof 

Carriers must pay out of their own pockets for Swedish sulfur inspections 

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Oldendorff upgrades fleet for USD 1.5 billion 

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Swire Blue Ocean: Recovery postponed to 2019

Maersk Line wants to conquer more cargo from specialized carriers