Last week's top stories on ShippingWatch

The aftershock of the Maersk surprise announcement of Group CEO Smedegaard's departure was followed up by the news that Maersk will lose its moneymaker in Qatar. A new German-Arabian carrier moved a step closer, and Norden's head of dry cargo switched to a competitor. Here are some of this week's top stories on ShippingWatch.
Photo: AP/Carsten Bundgaard
Photo: AP/Carsten Bundgaard

Now what, Maersk?

Nils Smedegaard Andersen's sacking on Thursday last week was followed up by the news on Monday that Maersk Oil has lost the lucrative contract for the Al Shaheen field in Qatar, and last but not least, the Board of Directors' flirtation with a potential split of the Maersk Group means that all balls are now in the air.

Maersk conglomerate began to impede its business units

Maersk struck gold with oil - but what now?

Photo: Maersk
Photo: Maersk

Smedegaard poised for huge severance package from Maersk

The loss of Al Shaheen seems to call for a sale of Maersk Oil.

Analyst prices Maersk Oil at USD 6-13 billion

Maersk Oil loses tender for vital Qatar field 

Analysts: Loss of Qatar is rough for Maersk, but...

Qatar rejection is a big blow to Maersk

Maersk Oil CEO on Qatar field: We took it to the limit

Security considerations may have tripped Maersk in Qatar

The container shuffle

Container carrier Maersk Like looks to be preparing an expansion of its 2M alliance with Swiss-based MSC with Korean Hyundai Merchant Marine (HMM) in talks to join the collaboration. Israel's Zim could also be negotiating a membership.

Alphaliner: Israel's Zim could join the 2M alliance

Hyundai Merchant pushes back restructuring deadline

Meanwhile, Germany's Hapag-Lloyd came several steps closer to a merger with United Arab Shipping Company.

UASC approves Hapag-Lloyd merger deal

Hapag-Lloyd Board clears UASC merger agreement

And France's CMA CGM is now completely ready to take over Singapore-based NOL.

CMA CGM is now ready to take over NOL

CMA CGM now owns more than 90 percent of NOL

Dry bulk boss joins the competitor

Norden's head of dry cargo, Ejner Bonderup, announced his resignation from the major Danish dry bulk carrier. A few hours later, news broke of his appointment as CEO of competitor XO Shipping.

Norden's head of dry cargo steps down

Photo: Norden
Photo: Norden

Norden VP takes over as CEO of XO Shipping

Norden Chairman: Sad to lose Bonderup to competitor

Further reading:

Witnesses missing in criminal case against Danish bunker company 

XO Shipping: We prefer a slightly higher bottom level

Scandlines retaliates against ministry in new report

Star Bulk books new major loss for Q1

Former Odfjell CEO gets two-year sentence for tax-evasion 

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