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Bimco: Alarmingly weak bulk vessel scrapping activity

A large number of new vessels are headed into the dry bulk market in 2017 and 2018, which creates a major need for scrapping if the sector is to stand any chance of being profitable in 2019, warns Bimco.

Photo: Golden Ocean

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Hapag-Lloyd negotiating with staff to avoid layoffs

Hapag-Lloyd has launched a comprehensive efficiency process that could result in layoffs in the weeks to come, confirms the liner company to ShippingWatch. The company is currently negotiating with staff through its Work Council.

Lawyer warns of risk of ballast water falsification

There is a risk that some seafarers could resort to falsification of ballast water records in the US if shipowners fail to train them properly, warns a lawyer with extensive experience in environmental matter. This could result in large fines and prison sentences.

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