This week's most important headlines at ShippingWatch

With the acquisition of three ships, Clipper Group CEO Peter Norborg now deems the company is "through the worst", he told ShippingWatch. Read about the tensions between Iran and the US, optimistic drilling analysts and 2020 preparations.
Photo: PR/Clipper
Photo: PR/Clipper

"Clipper Group is through the worst"

Clipper Bulk has bought three bulk vessels, of which several parties mention J. Lauritzen as the seller. In a following interview with ShippingWatch, Chief Executive Peter Norborg said that the company's restructuring is falling into place and that the company is looking to the future once again.

Norborg after ship acquisition: "Clipper Group is through the worst" 

Clipper Bulk buys three dry bulk ships 

Current upturn in dry bulk may be shortlived 

 

Analysts not worried about major losses in drilling

Photo: Russell Cheyne/Reuters/Ritzau Scanpix
Photo: Russell Cheyne/Reuters/Ritzau Scanpix

There is money to be made at the world's largest rig companies, although both results and stock prices have been pressured in 2019, say several analysts. It is only a matter of time before things turn around, Senior Analyst Janne Kvernland of Nordea Markets tells ShippingWatch.

Analysts confident in drilling market despite heavy losses

 

2020 preparations in full swing

Photo: Thomas Lekfeldt/Ritzau Scanpix
Photo: Thomas Lekfeldt/Ritzau Scanpix

Maersk signs low sulfur deal with Rotterdam refinery

Euronav buys 420,000 tons of low-sulfur oil

Low-sulfur fuel is so far 30 percent more expensive

OECD predicts increase in new green maritime jobs

 

Shipping still at the center of international conflict

Photo: Wana News Agency/Reuters/Ritzau Scanpix
Photo: Wana News Agency/Reuters/Ritzau Scanpix

US accuses Iranian shipping network of funding terrorism

US tried to bribe captain of Iranian oil tanker 

Seven seafarers released from detained UK tanker 

 

Major investor contacted Maersk about Alang

Photo: PR/Maersk
Photo: PR/Maersk

Oil fund's watchdog inquires into Maersk's Alang beaching 

Pension fund says beaching ban is a major risk to shipping 

 

Also read about Maersk removing "Line" from its ships, Per Sylvester Jensen, Svitzer and much more.

Maersk changes the name on the side of its ships 

Per Sylvester Jensen open to another executive job in shipping

Conflict reveals deep mistrust in Svitzer's Argentinian joint venture

Danish yard launches offensive against US investor

Closings delay Endofa's financial report 

English Edit: Jonas Sahl Jørgensen

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