Mitsui OSK Lines blamed for MOL Comfort wreck
A court in Tokyo has ruled that carrier Mitsui OSK Lines is responsible for the dramatic wreck of MOL Comfort, which broke in half and sank in 2013. The week also brought accidents for MSC and Maersk Supply Service.
Photo: Hyundai Merchant Marine.
Hyundai Merchant Marine lashes out at Maersk Line
The coming collaboration between Hyundai Merchant Marine and the 2M alliance is off to a bad start, as a spokesman for the South Korea carriers criticized Maersk Line in harsh terms for the Danish carrier's behavior during the negotiations. Maersk Line, however, is less than upset.
Mørch has brought Odfjell back on track
It was clear that something needed to be done at Norwegian carrier Odfjell, says CEO Kristian Mørch. Since he took over the reins in 2015, he has managed to get the storied chemical carrier back on track.
How does one create a success?
The results are booming along, and the CEOs are praised again and again by the analysts. But what is it that Jens Bjørn Andersen and Niels Smedegaard are doing right at DSV and DFDS? We put the question to them.
Bondholders said no to Rickmers Maritime's restructuring plan
Rickmers Maritime Trust was unable to persuade its bondholders to approve its proposed rescue plan. The company must now sell ships in order to survive, CEO Søren Andersen tells ShippingWatch.
Don't forget to read about Moody's downgrade of Maersk, about Thorco, and plenty of news from the oil sector.
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The dry bulk market has improved, and this has prompted the order book for new ships expand and potentially strain competition in the years to come. Golden Ocean hopes that the environmental regulations hitting the sector in the years to come will result in more ships being scrapped, says the carrier in its annual report 2017.