This week's top stories on ShippingWatch

Perhaps Maersk Line can expect a positive result in its interim report, set for release next Wednesday. The battle for the ballast water market has begun. John Fredriksen struggles with two separate issues. And Shipping and offshore are hurting banks. Read this week's top picks on ShippingWatch.
Photo: /ritzau/Christian Charisius
Photo: /ritzau/Christian Charisius

Positive prospects for Maersk Line

While Maersk Line looks poised to book a profit, according to investment bank Jefferies, new challenges are brewing for years ahead, according to Bimco. And a date has been set for Hanjin's bankruptcy.

Bimco: Container fleet set to grow over the next two years 

Jefferies: Maersk Line once again on track for profit 

This carrier has taken over the most Hanjin vessels 

Hanjin Shipping will be declared bankrupt on Feb 17 

German union demands job guarantee from Maersk Line 

Singapore and Danish flags benefit from new Maersk fleet 

Japanese container carriers hit with deficits in 2016 

 

Oil price still hurts

The consequences of downturns in the oil price are far from over with. Layoffs and divestments of fields are on the agenda.

Shell divests North Sea assets for USD 3.8 billion 

Maersk Energy considering sale of Brazilian activities 

All Rolls-Royce Marine employees in Norway offered severance packages 

 

Billion-dollar market begins to surface

It seems that a battle is brewing over the impending market for ballast water management systems.

Fight for billion-dollar ballast water market is underway 

Consultants: Downturn could halt ballast water market 

 

Fredriksen's battle

Big John, AKA John Fredriksen, is fighting multiple battles at the moment. He is battling for the survival of the world's once-largest rig company Seadrill, and he is also fighting to take over DHT.

John Fredriksen is racing against time to save his empire 

Fredriksen takes aim at former Seadrill management 

John Fredriksen to create new Norwegian tanker behemoth 

Seadrill working actively on contingency plans for the company 

Impairments made DHT Holdings' profit dive in 2016  

Media: Seadrill's debt has reached USD 14 billion

Analysts: Surprising move if DHT accepts Fredriksen's offer

 

Major banks take a hit

Danske Bank and DNB hit by oil slump in 2016

JP Morgan believes in improved shipping markets after 2018

 

Too many chemical tankers

Drewry: Chemical tankers facing two tough years 

Stolt-Nielsen weighs spin-off of chemical tanker business 

Stolt-Nielsen: Growing fleet strains chemical tanker segment

 

 

 

Investigation launched into sunken Maersk vessels 

German shipowners are frequent scrapyard users

IMO Secretary General maintains EU criticism in CO2 dispute 

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