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Maersk CEO open to share ownership of digital prestige project

"It can certainly not be ruled out that we at some point will look at ownership structure," Maersk CEO Søren Skou tells ShippingWatch after the shipping company's blockchain venture with IBM is criticized in the sector.

Photo: Maersk

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Owner weighs sale of Norwegian oil service company

Sources tell Bloomberg that a major bank has been hired to explore the possibility of selling Norwegian oil service company Aibel. According to the sources, the company has been presented to equity funds, though competitors are also said to be interested.

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.

China considers ban on open-loop scrubbers

It is far from certain that open-loop scrubbers will be approved in China once the country introduces 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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