This week's top stories from ShippingWatch

Maersk vessels were flagged out before scrapping in Alang, a bulk boost, a strengthening at Gorrissen Federspiel, and global shipping emissions were all among the week's top stories on ShippingWatch.

Photo: Maersk

Four vessels from Maersk Line sailed under a black-listed flag when making their final journeys on their way to be scrapped in Alang, India. The flagging-out happened after the group sold vessels to cash buyers. Seafarers risk paying the price, says an NGO and union.

Maersk vessels sailed under black-listed flag for final journey


Bangladesh was preferred shipbreaking nation for carriers in Q3

Maersk has now scrapped six ships in India


Bulk boost

The bulk market has been recovering much faster than many analysts had predicted, and it is not just the strong Chinese appetite for iron ore and thus Capesize vessels pulling up the sector.

Peter Norborg October 2017.jpg

Clipper sailing at rates that incite fresh optimism

Bulk shares have surged in 2017

Bulk recovery faster and stronger than expected

Norwegian shipping investor debuts in dry bulk

Golden Ocean to raise USD 100 million for vessels


A new battle over climate emissions takes off for shipping

The world's nations will strive to address the question of how shipping is to reduce its CO2 emissions. A new meeting in the IMO is expected to lead to hotly charged discussions. A compromise proposed by shipowner associations will be the most likely result of the meeting.

New climate battle to take off at the IMO next week

NGOs' solution to climate problem: Sail slower

Gorrissen Federspiel is strengthening shipping and offshore

Danish law firm Gorrissen Federspiel has strengthened its shipping and offshore department with more staff. New ownership patterns within shipping have created a new dynamic, explains Partner Peter Appel to ShippingWatch.


New maritime ownership prompts Gorrissen Federspiel to build strength

This week also brought a new report from analyst firm Wood Mackenzie, which suggests that the global thirst for oil will peak in 2030 at the latest and discusses tanker rates after a turbulent hurricane season.

Wood Mackenzie: Oil thirst will peak by 2030

English Edit: Lena Rutkowski

Frontpage right now

Søren Skou: Transformation of Maersk is complex

Maersk Group CEO Søren Skou does not hide the fact that Maersk's transition is a lot to handle and a complex task. And while he is not satisfied with the financials yet, he promises investors that good results are coming.

Golden Ocean hopes green regulations can offset bulk fleet growth

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.

One alliance accounts for majority of bulging order book

The members of one container alliance in particular have been busy ordering new vessels in the past six months. Looking at ships of more than 16,000 teu, this alliance accounts for 58.6 percent of the orders, writes SeaIntel in a new analysis.

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