Grieg and Jebsen's bulk merger wants to turn a profit during 2018

Dry bulk venture G2 Ocean aims for a profit during this year after a 2017 characterized by the creation of the company, which involved laying off hundreds of employees, Grieg Star CEO Camilla Grieg and G2 Ocean CEO Rune Birkeland tell ShippingWatch.

G2 Ocean CEO Rune Birkeland comes from a position as CEO of Grieg Star, one part of the new dry bulk venture. PR Photo: Grieg Star Photo: PR-foto: Grieg Star

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Analyst casts doubts on product carriers' 2020 hopes

Shipowners and analysts project solid demand growth for product tanker ahead of the new global sulfur regulations in 2020. But many elements remain uncertain, and there is a lack of concrete data, renowned analyst tells ShippingWatch.

K Line hedging its bets ahead of global sulfur cap

In a new report, K Line CEO Elzo Murakami points to various ways in which the Japanese shipping company plans to comply with the 2020 sulfur cap. The company was recently projected to be among the weaker players in terms of competition by that date.

China considers ban on open-loop scrubbers

It is far from certain that open-loop scrubbers will be approved in China once the country imposes stricter sulfur regulations from next year. Meanwhile, a large, German shipping company has just invested in open-loop scrubbers, which have faced harsh criticism in the industry.

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