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Digital shipping company looking to break through in Asia

Hanseaticsoft grew its revenue 40 percent in 2017 and now supplies fleet management software to more than 1,300 ships around the world. The plan now is to break through in Asia, CEO Alexander Buchmann tells ShippingWatch.

Photo: /ritzau/Marius Nyheim

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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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