Drewry: These are the 10 best shipping shares this year
According to Drewry, 2016 was "the most tumultuous and dreadful year for the global maritime industry in recent history," but several players in the sector still made surprisingly positive returns. The analyst agency ranks its top performers.
René Kofod-Olsen is V.Group's fourth CEO in just three years. The many changes have been a distraction and have led to several wrong decisions, he tells ShippingWatch. The mandate from the owner is to future-proof the company, and for this he is willing to make both selections and rejections.
Only 46 percent of Maersk's vessels arrive on time, which is a service level that Maersk, according to CCO Vincent Clerc, is "dismayed by", even if the industry reliability average is only around one in three ships.
A milder variant of the African swine fever, which is both more difficult to discover and control, has been found in China, reports Reuters. The outbreak could impact dry bulk and reefer carriers if the mutations spiral out of control.