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Danish Shipping: The challenge of sulfur cheating is real

The risk of carriers cheating with sulfur requirements to benefit financially is a real threat to law-abiding shipowners from 2020, says Maria Skipper Schwenn, Executive Director of Danish Shipping. She rejects the criticism that that the industry is exerting too much energy chasing ghosts.

Photo: /ritzau/Marius Nyheim

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Hapag-Lloyd: New BAF will break with old policies

A new bunker adjustment factor at Hapag-Lloyd will help ensure two things, explains Juan Carlos Duk, managing director of global commercial development, to ShippingWatch. The BAF will very much address longstanding criticism from customers.

No supertanker orders in the third quarter

Higher prices and concerns over the order book have meant that the number of new orders for the major VLCC vessels in the third quarter landed at zero, writes JP Morgan in a new report.

DP World looking at Eritrea as a way to sidestep Djibouti troubles

Arabian port major DP World is considering investing in Eritrea as a possible key destination at the Horn of Africa, says CEO. Eritrea could thus become an alternative to Djibouti, where the company is in a dispute with the government concerning a terminal concession.

Aker BP reaches revenue of one billion dollars

Norwegian Aker BP achieved a revenue of one billion dollars in the third quarter and a combined result of USD 123 million after taxes, shows the interim report for the quarter. Rising oil and gas prices boosted the result.

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