Nils Smedegaard Andersen praises new Maersk strategy

Former CEO Nils Smedegaard Andersen agrees with the new strategy for the Maersk Group set out after his departure in the summer 2016, he tells CNBC.

Nils Smedegaard Andersen served as CEO of the Maersk Group from 2007 to 2016. Photo: Katrine Marie Kragh/Polfoto/Arkiv

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Tough 2017 cost 835 jobs at DNV GL

The world's largest classification bureau for shipping, DNV GL, had another challenging year in 2017. The coming year will also be tough for the maritime business, and the slimming down of the company is likely not done, CFO Thomas Vogth-Eriksen tells ShippingWatch.

Maersk Honam will be moved to Dubai's Jebel Ali port

Maersk Honam, which caught fire a couple of weeks ago, will be towed to the port of Jebel Ali in Dubai, Maersk Line confirms to ShippingWatch. But several things will need to be investigated before the vessel can begin its journey.

DNV GL warns against towage used in Maersk wreck

It is "not acceptable" to tow two ships side by side as Maersk Supply Service did during a 2016 shipwreck, says classification bureau DNV GL. The Danish Maritime Authority filed a police report against the offshore shipping company Monday this week.

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