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Bimco: Sulfur requirements should not be based on death tolls

It makes no sense to submit reports about the risk of premature deaths caused by sulfur emissions at this point in the debate over the implementation of global sulfur requirements in 2020 or 2025, Bimco tells ShippingWatch.

Photo: BIMCO

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Maersk Line installed a "sleeping partner" in Tunisia

Maersk Line has had a "sleeping partner" in Tunisia, although authorities require foreign companies to partner with domestic players in an active, local co-ownership. Now, Maersk Line has had to establish a new joint venture taking over the role of Maersk Tunisie.

Meldgaard: Crude tankers cannibalizing product market

The downturn for crude oil tankers, where rates are extraordinarily low, has become a major problem for the product tanker operators. Torm Executive Director Jacob Meldgaard expects that the pressure from the supertankers could continue for a while yet, he tells ShippingWatch.

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