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Sovcomflot to Russian minister: Safety in the Arctic must be improved

Safety needs a boost in Arctic waters, says Sovcomflot CEO Sergey Frank. He made this statement at a meeting with Russia's Prime Minister Dmitri Medvedev Monday.

President Vladimir Putin and Minister President Dimitri Medvedev (right). Photo: Ivan Sekretarev, AP

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Søren Skou: Transformation of Maersk is complex

Maersk Group CEO Søren Skou does not hide the fact that Maersk's transition is a lot to handle and a complex task. And while he is not satisfied with the financials yet, he promises investors that good results are coming.

Golden Ocean hopes green regulations can offset bulk fleet growth

The dry bulk market has improved, and this has prompted the order book for new ships expand and potentially strain competition in the years to come. Golden Ocean hopes that the environmental regulations hitting the sector in the years to come will result in more ships being scrapped, says the carrier in its annual report 2017.

One alliance accounts for majority of bulging order book

The members of one container alliance in particular have been busy ordering new vessels in the past six months. Looking at ships of more than 16,000 teu, this alliance accounts for 58.6 percent of the orders, writes SeaIntel in a new analysis.

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