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EU criticizes shipowners for using controversial recycling maneuver

A shortage of EU-approved recycling yards leaves shipowners with no choice but to re-flag old European ships before sending them to be recycled, says shipping organization Bimco. The EU does not agree with that assessment.

Photo: Amit Dave/Reuters/Ritzau Scanpix

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DFDS raises its 2021 outlook

Better-than-expected freight results lead DFDS to upgrade its 2021 outlook. At the beginning of the year, the outlook was low, but the recovery has since been faster than the company expected, said DFDS.

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