This week's top stories on ShippingWatch
With growth in revenue of seven percent, an increase in freight rates of 30 percent, and a result before taxes that shot up by 23 percent to USD 105.9 million, DFDS – headed by CEO Niels Smedegaard – was able to deliver yet another strong result on Tuesday. And this was followed by yet another full-year upgrade from the RoRo and passenger carrier.
DFDS raises full-year guidance – again
Tanker and dry bulk in the red
On the other side of the fence, a weakening of the global tanker market has taken its toll on leading carriers in product tanker, as losses in the dry bulk sector also continue to roll in.
![Photo: J. Lauritzen](https://photos.watchmedier.dk/cDP5STI2D8qjwlcvMYV7mZRC5i-1xJs2UmyXpvjzipA/resize:fill:960:0:0/plain/https%3A%2F%2Fphotos.watchmedier.dk%2FImages%2Farticle9076657.ece%2FALTERNATES%2Fschema-16_9%2FMads%2520Zacho%25204.jpg)
J. Lauritzen lowers full-year guidance for 2016
Hafnia Tankers books deficit in Q3
Torm downgrades full-year forecast for 2016
Scorpio Tankers dips into the red in Q3
Product tanker carriers face disappointing 2016 exit
Hapag-Lloyd had positive Q3 in tough 2016
Maersk's credit rating down
Paradoxically, Maersk's own restructuring to help the company through hard times has likely had a negative impact on the transport and energy conglomerate after Standard & Poor's reduced its credit rating of the company, according to several sources. Standard & Poor's is already considering knocking down the rating another notch.
Maersk bonds close to falling in with bad crowd
Maersk is burned by its own restructuring plan
S&P lowers credit rating of Maersk Group
MSC and Maersk own most of the unpopular Panamaxes
SeaIntel: Moderate container recovery still three years away
Make sure to read these other key stories from this week on ShippingWatch:
Such as the latest developments surrounding collapsed container carrier Hanjin:
Hanjin gets winning bid from shipper that once almost failed
Korea Line picked as preferred bidder for key Hanjin service
And the latest news from the world of offshore:
Deep Sea Supply books million dollars loss in Q3
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