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Port strikes could go global on Friday

The International Dockworkers' Council is planning coordinated strikes in Europe and the rest of the world on Friday to signal solidarity with the Spanish port workers, which are currently in a conflict with the government concerning a new bill.

APM Terminals is present in Algeciras, Spain's biggest port. Photo: APM Terminals

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J. Lauritzen lost USD 45 million in 2017

Denmark's J. Lauritzen lost USD 45 million in 2017, almost in line with the year before. The carrier expects a better result this year, though still not satisfatctory. And a potential recovery could be muted.

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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