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OMT boosts its revenue 67 percent

Odense Maritime Technology, which specializes in ship design, achieved a revenue of USD 38.2 million in the fiscal year 2014/2015. Uncertain how the sliding oil price will impact shipowners' demand for retrofit in coming years, the company's CEO tells ShippingWatch.

Photo: OMT

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Hapag-Lloyd negotiating with staff to avoid layoffs

Hapag-Lloyd has launched a comprehensive efficiency process that could result in layoffs in the weeks to come, confirms the liner company to ShippingWatch. The company is currently negotiating with staff through its Work Council.

Lawyer warns of risk of ballast water falsification

There is a risk that some seafarers could resort to falsification of ballast water records in the US if shipowners fail to train them properly, warns a lawyer with extensive experience in environmental matter. This could result in large fines and prison sentences.

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