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Team Tankers' deficit grew in 2017

Chemical carrier Team Tankers was hit by the weak rates in 2017 and suffered a significantly bigger deficit compared to the year before. The shipping company strengthened its fleet during the year with the acquisition of ships from two companies.

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Damco maneuver could cost jobs among regional leadership

A total of 18,000 Maersk employees could in some way be affected by the large-scale integration of Damco and Maersk Line. Dual leadership roles in the regional businesses in particular could be impacted, Maersk Line CCO Vincent Clerc tells ShippingWatch.

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