Only one of Japan's three top carriers upgrades guidance

Japan's three biggest carriers, Mitsui OSK, Kawasaki Kiesen, and Nippon Yusen, have published interim reports for the first quarter. The results fall in line with the trend from the carriers' numbers for the full-year 2016.

Photo: APM Terminals

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Yet another Maersk ship reports fire in container

Another Maersk vessel was hit by a fire in a container Thursday night. The fire is under control and all crew members are safe. At this point there are no signs that the latest fire is in any way related to the fatal Maersk Honam fire.

Two Seatrade execs convicted for scrapping four ships

In the first court case of its kind, Dutch reefer specialist Seatrade and two of its executives have been sentenced for illegally sending four vessels to be scrapped in Asia and Turkey. "It is very likely" that the company will appeal, says Seatrade.

Dan-Bunkering CEO joins parent company's executive board

After less than a year as CEO of Dan-Bunkering, Christoffer Berg Lassen is now entering the executive board of parent company Bunker Holding. Going forward, Group CEO Keld R. Demant will focus on the company's acquisition strategy, he tells ShippingWatch.

NGO: Why shipping investors need to get involved in the climate

With USD billions lent to shipping, financial institutions play a central role in the work to lower the industry's emissions of CO2. "We're in the middle of a paradigm shift," says James Mitchell, Maritime Finance Lead at the NGO Carbon War Room, in an interview with ShippingWatch.

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