ShippingWatch

This week's top stories on ShippingWatch

Clipper CEO Peter Norborg discussed the carrier's restructuring, while other bulk players also put their cards on the table. EU Commissioner Margrethe Vestager shared her views on the container industry, and a new solution for sulfur requirements was presented. All this week on ShippingWatch.

Photo: /ritzau/Christian Charisius

Bulk carriers' battle with the bottom line

With a year-and-a-half in the top job, Peter Norborg has overseen a comprehensive restructuring of the carrier. He discussed it with ShippingWatch this week.

This is how Clipper will man the new global hubs

Clipper has sold 16 vessels as part of credit deal

Other bulk carriers and players in the segment revealed how things are going:

Zacho tackles tough second year with J. Lauritzen

zacho.jpg

Mads Zacho, CEO of J. Lauritzen. Image: J. Lauritzen

Dry bulk merger G2 Ocean hunting for new cargoes

Norden's head of dry cargo targets growth with new venture

Vestager and the carriers

The EU's Competitions Commissioner Margrethe Vestager believes that alliances in the container industry can function with competition, she said to ShippingWatch.

Vestager: Strong competition in the container sector

"Tonnage tax should be used only as intended"

Margrethe Vestager5.jpg

Image: Geert Vanden Wijngaert/AP/POLFOTO/arkiv

Sulfur requirements prompt concern

The issue of impending international requirements regarding vessel sulfur emissions is on the global agenda. Many are calling out scrubbers, for example, while Norway has a completely new idea for securing compliance.

Hyundai Merchant CEO lists four downsides to scrubbers

Norway proposes fuel ban to prevent sulfur cheating

Study: Shipowners unsure about approach to sulfur directive

See also:

Maersk shares remain low despite positive news

EU foreign affairs chief dragged into case concerning North Korean workers

UN bans ships from ports after calling in North Korea

Denmark backs tighter requirements for large container vessels

European Shipowners welcome new president

English Edit: Lena Rutkowski

Frontpage right now

Maersk presents flag plan for Hamburg Süd vessels

Maersk Line now reveals to ShippingWatch its plan for how the ships from acquired Hamburg Süd will be flagged going forward. Read on to learn how the ships will be distributed between Denmark and Singapore.

Car carrier cartel met at bars to fix prices

Over six years, sales directors from the major international car carriers met often to coordinate prices and tenders from major car manufacturers. This week, the carriers received huge fines from the EU Competitions Commissioner.

Media: HSH Nordbank close to deal with new owners

German shipping bank HSH Nordbank has allegedly sealed a deal with two US-based equity funds, report German media. According to Wall Street Journal, the funds will buy the bank at a much higher price than originally assumed.

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