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This week's top stories on ShippingWatch

Blue Water will never be sold, asserted founder Kurt Skov to ShippingWatch. The detainment of vessel Grace 1 (photo), OW Bunker and a fine for Total also drew headlines this week.

Race car driver new CEO of Samskip

Samskip has found a permanent replacement for Jens Holger Nielsen. The new CEO is a 52-year-old Finn who is former chief executive of shipping company Containerships and has an active career as a race car driver.

Founder will never put Blue Water put up for sale

While the logistics industry is currently experiencing a great deal of consolidation, 72-year-old Kurt Skov emphasizes that Blue Water will remain in the family. The founder is currently in the midst of handing over ownership of the company to his daughter.

Blue Water-founder initiates generational handover

After leading Blue Water for nearly 50 years, founder Kurt Skov now hands off large parts of the company to his daughter Anne Skov. "Blue Water is my life's work, which I would like to see continued by the Skov family," he tells ShippingWatch.

This week's top stories on ShippingWatch

Former BW Group CEO Carsten Mortensen will head a new investment fund, he announced in a week when several shipping companies are still waiting the Gulf of Oman. And the CEO of Dan-Bunkering's parent company commented on the Syria case.

Logistics companies struggle with Brexit expenses

Sliding profit margins pose difficulties for logistics companies in paying for Brexit preparations, concludes a new report from the UK's Freight Transport Association. 37 percent of companies participating in the survey have not yet taken steps to prepare.

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