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Lloyd’s Register affected by shipping crisis Thomas Thune Andersen: "Be true, honest and consistent"Fayard Reopens Giant Dock Brazil: Lauritzen Prepares for Billion-Investment Welcome to ShippingWatch Norden CEO: Challenges were piling up New drilling simulator to attract employees Danish Ship Finance: Product, chemical and LPG tankers show promise The Boom in New Maritime Educations “Global challenges with Danish opportunities”Erria-investors at Risk of Losing More Money Minister: New environmental regulations to take effect in 2014 Semco strenghtens presence in Singapore Shipbrokers: The challenges are discernible.The Showdown on the Channel has left its marks at DFDS TORM sells tanker at a loss of USD 15 million Monjasa: Eight out of ten main stream vessels operate with losses Room for Danish Piracy Industry Pirate hunters to train and prepare New Supertanker Officer Shipping companies to be exposed for sloppiness Dong optimistic about new fields in the North Sea Expensive 14 month box price war - analysis Norden feels a rising demand from Japan The strong Sing-dollar, Singapore´s dilemma Newspaper: Containers full of toxic gases Torm denies ships sale rumour DSF: Banks never sell at bottom price North Sea: Competitor considers EU action against DFDS Lauritzen CEO: Our owner expects a better return Lauritzen: Shipping has lost its good morals New ballast water regulation under pressure Unsteady course on new sulphur limit Shareholders key to Norden success Battle about North Sea clients intensifies Drewry on ShippingWatch Lauritzen wants gas consolidation Offshore is Viking’s great growth engine Growing cooperation on large scale purchasing Evergas support for Lauritzen consolidation initiative Torm empties order book Damco: Europe remains the best platform for global business Danish Maritime Officers file suit against shipping companies Newspaper: Danish Government to attract Asian shipping companies High number of feeder ships lie still DFDS moves closer to EU decision on Swedish terminal acquisition Damco: Maersk Line is a customer like any other Danish ship owners: American rules may force ships out of U.S. ports Danish commercial fleet 2011 turnover a positive surprise Nova Tankers: The customers know our positions The Danish merchant fleet bigger than expected APM Terminals bets on African dry ports APM Terminals prepares for 22,000 TEU ships Danish shipping shares have lost USD 7.3 billion over four years Crisis in Iran may trigger huge oil price fluctuations Explosion in Nordic shortage of oil industry engineers Maersk doubles number of ships under Singapore flag APM Terminals get final approval in Costa Rica Denmark could make DKR 35 billion by a Dong Energy E&P IPO D/S Norden lost 65.6 percent of stock value in four years Lauritzen contract halted by Iran dispute Danish ports thrive during recession Bimco: Iran dispute could move oil trade to West Africa Custos: Armed guards still the weakest link The Danish government protects the DIS Register and the tonnage tax Danish Shipowners pleased with government announcement European Shippers Council: Shipping companies artificially inflating freight prices Torm future packed with drama Nils S. Andersen’s sick leave extended by six to eight weeks Singapore Executive: Copenhagen can become European shipping center Ship owners fear possible trade war APM Terminals Looks to the East in Africa Danish ship owners welcome new EU proposal Investment fund merges Nordic Tankers and Herning Shipping Maersk CEO Smedegaard: We are in the right industries in the long term DFDS creates joint venture with LDA Torm in negotiations with two separate investor groups DAMCO presents new supply chain solution Commissioner: Sulphur reduction fixed at 2015 EU: Big fleet key for Europe Significant increase in containership scrapping Hempel 2011 result the worst in 5 years Bimco: Equity funds limit shipping companies’ room for manoeuvre Leak suspends work at three rigs Bimco: GUARDCON Contract published Drewry: Positive outlook for multipurpose in 2012 Commissioner: EU maritime industry has found global balance EU to kickstart LNG investments Maersk: Smedegaard’s surgery went as planned DFDS: LNG-initiative is admirable yet inadequate Danish ports welcome EU announcement EU to keep DIS and tonnage taxation Maersk Supply Service wants to double their profits Ship owners want more chartered ships covered by favorable tax rules 600 Maersk employees back on Esplanaden following heavy rains MAN and Alfa Laval join forces on climate solutions for container ships Dan-Bunkering Ltd. opens in the U.S.Torm silence on negotiation breakdown Nordea: Offshore service companies profit from high oil prices Commissioner for Climate dismisses Indian trade war threats Dwindling container futures rates on Asia to Europe EU: Regulations for armed guards are needed Container industry faces test of resolve Somalia divided about the fighting of piracy on land.Offshore activities could turn smaller shipping companies into gold Tradition-rich tanker company navigates within the niche Stolen cargo up 17 pct in the U.S. in 2011.Idle container fleet drops again New competitor secures EU acceptance of DFDS terminal Controversial Torm owner saved by substantial bank agreement Torm obtains conditional postponement and agreement in principle Semco Maritime look into additional purchasing Drunkenness behind Svitzer sackings Piracy Researcher: NATO must share honours Wrist Ship Supply: We will be biggest worldwide in 2012.Drewry downplays budding optimism for tanker segment OW Bunker wants to take over the U.S. East- and West Coasts Oil analyst warns of nuclear negotiations Danish Shipowners’ Association: Rules for armed guards not a job for EU Will containers travel by train in the future?APM Terminals expects growth for 25 years India not on APM Terminals Top-20 list EU scrapping rules open new markets for shipyards Esvagt to further expand Leaders’ union: Government piracy announcement outrageous Norden holds back on pay raises BIMCO: More dry bulk newbuildings in Q1 2012 than expected The tanker market bogs Stolt-Nielsen down in the first quarter Maersk chairman denies North Sea renegotiations Maersk Line’s old direction could have been costly Norden eyes booming market for the transportation of biomass BIMCO: Global container fleet will grow by 7.9 percent in 2012 Maersk Tankers challenges global rate system Danish companies celebrate record high oil investments in Norway Until Monday, no comments from both parties in Svitzer case Mærsk Mc-Kinney Møller has died Stocks go up following the death of Mærsk Mc-Kinney Møller Change in loan opportunities for the shipping industry Mariners of Maersk Alabama demand compensation Pram and Smedegaard: Mærsk Mc-Kinney Møller’s commitment was enormous.Danish Shipowners’ Association: A lighthouse has been put out Eivind Kolding deeply affected by the death of Mærsk Mc-Kinney Møller Seaintel: The death of Mærsk Mc-Kinney Møller will not affect the business strategy Torm Chairman burdened by bank failure Clipper cut 40 ships from the order book during the crisis Tank ship owners: Maersk rate initiative is interesting Maersk Line: Indonesia the future market of Asia Statoil gives Røkke major contract in the North Sea Norden: Asian coal market awaits major investments Clipper: Oil price has become a game changer Blue MBA Director new President in global shipping network Minister looks into Singapore advantages Clipper Senior Executive resigns from day-to-day management TDC CEO moves to Dong following Eldrup spectacle Moody’s: 12-15 more months of dry cargo rate pressure Shipping bank to lend out 1.5 billion Euros in 2012 Crucial day for Torm management Clipper: Project ships have been a learning process for us BP to pay USD 7.8 billion in Macondo compensation Daily Maersk concept to be expanded Ship officers worried about loss of jobs in Torm Researchers: Protection of Danish merchant navy is crucial Piracy rearmament poses risk to naval forces IMF: The global economic recovery has stagnated Maersk passes headquarters one last time European Shippers Council: Gentlemen agreements are harmful Sirius Shipping reflags three tankers to DIS Clipper looks to invest in bulk Analyst: Interesting CMA CGM and Maersk Line development Hempel maintains ambitious 2015 vision New Torm agreement to reduce shareholders' influence by 13:1 Torm management coolly received ”Leaders must possess emotional intelligence”Nordea shipping impairments remain high No arbitration in DIS dispute – the case goes to court Clipper controls a fifth of the Irish Sea Hempel: Jotun smarter at marketing than us Torm has dropped 18 ships from its fleet since January 2010 Tankers Inc postpones ambitious newbuildings People and knowledge to give Hempel critical mass Hummel owner expands fleet by four Ane Uggla elected chairman of the Moller Foundation Bimco: Enforcement of sanctions stricter Monjasa calm about Argentinian nationalization Monjasa: We need capital for growth Maersk expects new Indonesia routes following port expansion Major competitor happy following Torm solution DFDS: Oil consumption hit record low SeaIntel: 74 giant container ships in pipeline Maersk: Better understanding of Greenland underground necessary Thorco: Today’s market encourages investments Shipowners: Prosecution of pirates good for sense of justice Amnesty demands control of arms trafficking Analysts: Rate leap euphoria will be short lived Amnesty to put pressure on Danish weapon transport policy APM Terminals can benefit from coming growth in Iraq Gullestrup’s farewell to the red Danish government Dong: Arctic oil requires extraordinary safety Maersk Line’s new giant ships spread fear in the market Norden’s head of dry bulk locked for 18 months Copenhagen to boost maritime cooperation Competitive clauses a widespread phenomenon in the shipping industry Norden considers arbitration case against Torm CEO Bimco: Fighting piracy on land is important Clipper negotiating new international multipurpose pool APM Terminals: Port productivity may be raised by 50 %Possibilities for pirate prosecution in Tanzania and Mauritius Blue MBA - Class of 2013 Thorco: A great idea, but we are not Clipper’s pool partner SeaIntel: Environmental demands to support Maersk Line commercially EU raises doubt about Filipino sailors’ qualifications Maersk CEO back at the helm Officers: Tougher demands lead to fewer Filipino sailors DFDS bid on Seafrance ships Danish Government sticks to weapons transportation regulation SeaIntel: Container carrier consensus crumpling BBC Chartering questions Clipper multipurpose pool Frontline agrees with Maersk Tankers bunker price fear Danish Maritime Officers sues DFDS and Royal Arctic Line Shipowners: No end in sight for DIS trial English articles on Shippingwatch.com DFDS: Subpoena not affecting us Maersk Line: How to fight corruption Danish newspaper: Torm banks close to agreement CO-SEA: Trial could prove very harmful to DIS Maersk Line: Shipping hit hard by widespread corruption Alm. Brand believes in retained container rates Nordea Singapore: Our priority is big and transparent shipping companies Transparency International praises Maersk’s anti-corruption initiative Thome: Crucial to sort out Philippine conditions Carsten Mortensen: The shipping companies can boost the Danish economy Tommy Thomsen joins the Board of the Danish Shipowners’ Association Torm CEO: We have performed better than the market Ship owners: It will be difficult to enforce EU scrapping rules Nordic Tankers: We have been aggressive from day one Danish minister enters into agreement with South Korea on “quality shipping”WSC: Finding a global environmental standard is difficult More agreements on prosecution of pirates in the pipeline Increased attention to DFDS stock Lower operating profits for Dong Meteorologists: Shipping companies cut down on weatherrouteing Skuld: Bad bunkers a rising concern for shipping companies Drilling competitor announces continuing rate records South Korea is the world’s shipyard Maritime cooperation between Denmark and South Korea extended Norden will soon begin contracting ships Drewry: Chemical tanker rates have yet to reach bottom Torm sells its share of joint venture company French sugar cane billionaire in Danish shipping Ship owners pleased with EU attack on pirate bases Tragic Svitzer accident close to clarification Tanker Forecaster: Mild recovery masks pessimistic outlook Maersk Group: USD 1.2 billion in profits Maersk expects a “slightly lower result” for 2012 Smedegaard: I don’t think about my health as I go about the day Metal mine on Greenland could supply almost half of China’s production Smedegaard: The launch of Triple-E is perfectly timed Global Shippers’ Forum: Freight rate agreements prehistoric Media: Danish ship carrying weapons to Bahrain Maersk taxation disputes for billions Media: Execution threats following air strike Danish shipping companies hesitate to pursue Arctic routes Maersk Drilling in advanced negotiations with oil companies Satellites reveal captains' cheating on weather reporting Maersk Line: We cannot fight corruption singlehandedly New carrier-shipper contracts may secure price stability Shipowners: Heavy focus on the Arctic Oil traders: June decisive for oil and bunker prices Activity increase in Danish ports Mærsk left USD 19 billion fortune behind DFDS first quarter loss Danish Government defies threats at Africa’s Horn European carriers back private on-board guards EU conceals critical report on Filipino sailors Two Chinese companies interested in Denmark Maersk Line: Polluters should pay the most Danish Shipowners’ Association forced to EU climate agreement following IMO letdown MCC prepared to shut down deficit routes DFDS: New competitor behind 1/3 of North Sea decline MCC wants punctuality up to 85 percent Damco’s revenue and profits increased by 8 percent in the 1st quarter DFDS’s major Swedish competitor equipped to fight for the North Sea Skuld: Customers come to us with bunker problems Container traffic won’t see rebound until 2018 Ship owners draw bleak picture for international shipping Danish shipping shares up 12 percent in the first quarter North Sea RoRo costs DFDS share 11 percent in the first quarter Major Maersk Line customers want CO2 calculations Danish Maritime Officers: Shipping companies have silenced employees DMI is confidently competing for the Arctic Norden Head of tank: We prefer continuity to boom market DFDS: The captain is a leader and should stay off subpoenas Danish Defence: Pirate attacks at record low in the Gulf of Aden Crew members sue Maersk in the U.S. Bunker firm believes in scrubber rather than LNG solution Clipper: Denmark enjoys unique conditions Shipping companies: Politicians more attentive concerning embargoes Maersk Line opens new office in Iraq Danish companies’ order program fall by 8 billion kroner Chinese dry bulk vessels sold at spot prices Danish shipyards not concerned by German state subsidies Cracks in slow steaming agreement?Five Danish carriers support human right principles Maersk Line to save USD 1.3 billion on fuel from 2014 Atlantic Petroleum: High production and strong operation Investments in the North Sea of USD 7.3 billion over the next five years State revenue from North Sea oil exceeded USD 5 billion in 2011 Maersk Oil continues to buy in the North Sea Unifeeder has USD 47.3 million profit for 2011, but 2012 looks strained Copenhagen Business School launches new "mini-MBA" in shipping Danish Ship Finance: ”Moody’s can’t stress us to death.”Germany: European maritime cluster lies...here Søren Skou: New Maersk organization will last for years Torm expects another extension of bank agreement Clipper: Slow steaming could save 20 percent on fuel Drewry: Container freight rates lose steam Maersk Drilling signs $610 million contract SeaIntel: Container carriers are at a crossroads Connie Hedegaard: Shipping companies have failed to improve ship design Copenhagen and Helsingborg reveal ambitious joint venture plans Jotun defies global crisis Danish company creates first ”intank” ballast water treatment Connie Hedegaard: Shipping must contribute like everyone else.Skuld to grow in Copenhagen J. Lauritzen major shareholder in ambitious tanker carrier Former bank executive new A.P. Moller Foundation board member APM Terminals moving HQ from The Hague to The Hague Danish Ship Finance: Moody’s downgrading increases risk of expensive loans Baltic Sea neighbors become EU growth center Maersk Group looks forward to Chinese state visit Danish Shipowners’ Association: Chinese visit can bring capital to Denmark Bimco lowers expectations for shipping EU: Barriers halt shipping's environmental efforts Maersk invests USD 7.6 billion in fleet up until 2015 Danish shipping companies part of new global network to fight corruption Svitzer head becomes CEO of the competitor Ship owners: EU Commissioner wrong about Danish shipping Media: Maersk Tankers to introduce fuel surcharge Platou: Turning point for container shipping companies EU aims to make the Blue Belt project permanent Maersk Tankers warns against newbuildings hysteria Environmental shipping barriers examined in three-year project APM Terminals faces increased competition in Los Angeles Hu Jintao is ‘the most important man in Danish shipping’Are new eco designs dividing shipowners? Thorco sells off old ships Danske Bank and Nordea under strain from shipping downturn Fitch: Container industry back on its feet in 2014 at the earliest APM Terminals orders 28 automated cranes Maersk Drilling receives demerit point in Norway CFO Peter Rønnest leaves Maersk Line Former Svitzer CEO: Shipping is a self-destructive industry OPEC: Demand under increased pressure in second quarter EU state aid decision postponed until fall New English Channel drama for DFDS Danish media: Greenland’s metals will not be handed over to China How the Maersk Line dismissals are unfolding Dry bulk: Japanese shipping companies planning layups Maersk Line downplays the effect of price agreement on the Pacific Shipping advisors: Naval forces on the way out Rockwool Marine believes in strong growth for offshore APM Terminals to sign agreement with Hu Jintao DFDS: Ro-ro rates in the North Sea under pressure P&O supports DFDS in the battle on the English Channel Seaintel: Container shipping companies' reliability increased to 81 percent in May DIS and tonnage tax costs Denmark USD 135 million APM Terminals names new Europe region CEO Janholt: Quality is not a given at the Chinese shipyards Outflagging of ships could provoke the EU Commission European Shipowners: 2015 sulphur deadline not realistic Marine company sees great growth potential in environmental demands Wrist profits lower than expected Flagging out threatens EU acceptance of German tonnage taxation Shipping industry heavily affected by administrative burdens Fearnley: Maersk peak season surcharges hard to achieve Traffic increase in five ports partly owned by Maersk Newspaper: Greek crisis does not intimidate Maersk Maersk Line: Daily Maersk 6 months ahead of budget New Wista Denmark board BNP analysis: Eurotunnel looking to force DFDS out of the Channel Seaintel: West African port projects may lead to overcapacity Alphaliner: Major clients avoid rate increases Unifeeder: Difficult to reach 2015 target Analysis: Increased dry cargo pressure in second half of 2012 Scan-Trans resurrected Torm looking to preserve threatened US listing Ministry agency: Sulpher limit a question of economics MAN: Shipping companies' customers positive toward slow steaming Shipping attorney: Singapore’s flag is red hot More Danish ships are sailing under foreign flags Politicians are dragged into DIS dispute Analysis: The Baltic drives strong growth in container ports Danish shipping company Dannebrog Rederi saw 2011 deficit of USD 9.4 million Maersk Line: We know that we’re alone in this Newspaper: Financing of massive mine in Greenland secured DFDS: We are in the English Channel for the long run Eurotunnel: DFDS does not have a case Fishermen and smugglers cause piracy warnings Retrofit projects enter second phase Maersk manager: Iraq is a top priority Maersk Line troubled by Iraqi bureaucracy DFDS maintains North Sea clients – at high costs Maersk Line: New organisation a strong foundation Danish tax reform: Social democrats to remember seafarers. MAN: Slow steaming predominant retrofit focus Media: The offshore industry lacks the technology to extract the remaining oil Media: Shipowners want state aid aimed at yards to end Media: Iran renames oil tankers Seaintel: G6 alliance has given customers increased reliability Why Maersk Line likes Facebook Blue Water Shipping wants to open offices in Australia Norden appoints Ejner Bonderup as new Dry Cargo Head New regulations on chartered tonnage could pressure shipping companies Alphaliner: Laid up container fleet shrinks even further Unifeeder owners focus on stable investments Maersk on Facebook: A balance between openness and trust New accounting requirements impact 500 ship transactions at D/S Norden Politicians will look into DIS conditions once the tax reform has been approved Maersk behind new and rare oil venture in the North Sea Damco renews contract with Shop Direct Arctic ambassador: Danish shipping is in a strong position DONG takes over oil activities in Norway APM Terminals opens new regional headquarters in Singapore TORM maintains U.S. listing the rest of the year Clarksons wants to do corporate analyses of Maersk Line Global Risk Management turns deficit into profit Viking stays on the heels of the oil companies The government’s Arctic plan has 15 year timeframe Ramboll Oil and Gas already reaching 2012 target Three new Ramboll Oil and Gas dream destinations Lauritzen Bulkers: Bio fuel a booming market Britain to relax on sulphur demands?Shipowners: Ballast water deadline unrealistic Newspaper: Maersk Oil excludes CO2 in oil production for 10 years Carnegie believes the peak season surcharge is about to break through Newspaper: Danish Shipowners’ Association wants weapons control APM Terminals President: We want to grow in the Americas as a whole Wista: That’s why we need a shipping network for women APM Terminals President about Virginia: We do not discriminate Maersk Line wins billion-dollar contract to work for U.S. military Bimco calls for caution concerning Iran embargo Amnesty: Shipowners empower weapons transportation control Shipping companies and sailors complain of too much paperwork J. Lauritzen establishes offshore joint venture with private equity investor Maersk Drilling signs new $284 million contract Global Risk Management lowers oil estimate markedly Hostage-taking could bankrupt Shipcraft in 2012 Drewry skeptical of the container market development Bimco: Commerzbank’s exit surprised the shipping industry Seaintel: Rate increases simply a brief respite before 2013 HitecVision and J. Lauritzen joint venture will generate USD 252.2 million in revenue She merges humanism with business acumen at Torm CEO of DSF: Commerzbank exit could mean more price pressure ”You have to be able to wear high heels and flat shoes”EU looks to break from anti-cartel rules DFDS enters multiple year contracts with Volvo for 55 million Euros annually Semco Maritime's order backlogs at historical high Fayard wins new order from Maersk Drilling Maersk expects compensation ruling to be overturned Tankers Inc. takes control of Nordic Shipholding Seaintel: Maersk Line depends heavily on Asia-Europe Seaintel: Container shipping companies change approach to advertising Arctic Ambassador: The work has to be sustainable Fayard: Major shipyard facilities will break through in 2013 The Danish government enters the quest for oil and gas in the North Sea Exxon Valdez could change Indian shipbreaking industry DFDS executive: Keeping Volvo deal is not a given Maersk: New accounting requirements will not increase transparency Danish anti-piracy effort lacks funding for praised education Analysis: DSV preferred to its competitors Media: DFDS on the lookout for new ferry to Dover-Calais APM Terminals welcome new Virginia deadline Piracy: The legislation must be mapped out Media: Change in Maersk Line services adversely affects port The formula for a world-class maritime Denmark DFDS executive: Volvo contract carries great signal value Capital-rich investor behind joint venture with J. Lauritzen Analyst: Things are getting better for Maersk Line Ship loaded with helicopters sails toward Syria once again DFDS: Takeover of terminal is part of efficiency improvement Media: Container carriers will ship empty cargo – during peak season Media: U.S. tightens sanctions against Iran IMB worried about violent Nigerian pirates The Danish maritime cluster could learn from the giants of medicine Analyst: Kuehne+Nagel looks good to DSV Analysts: Maersk Line leads the way in social media ICS disappointed in Panama Canal Authority Greek companies engaged in large-scale purchasing during financial crisis Norway is a model for maritime research EU strengthens anti-piracy effort in the Horn of Africa Competition authorities investigating Eurotunnel IMF statements on energy taxes upsets international shipping Nordea: Tough times in shipping could last for years Second quarter saw lower earnings for Wärtsilä Media: Shipowners fear manipulation of bunker prices Offshore industry pressured on wages Shipcraft chairman resigns Analysts praise Frontline 2012 Nordea: Rate increases benefit the Maersk stock Torm head of IR: We still believe in agreement Nordic shipyards in fierce competition for Norwegian orders UK North Sea Outshines Norway for Investment in Drilling Dry bulk: Baltic Dry at its lowest point in 14 years Media: Maersk Oil whistleblower revealed by the Environmental Protection Agency Alfa Laval publishes lower numbers for 2nd quarter Trade association recommends ports to be ready for 2015 Media: Norwegian oil boom saves lost Danish jobs Leading researcher: A maritime research center could strengthen the Danish-Norwegian cooperation Fjord Line postpones delivery of LNG-ferries Former USA head of Torm is not leaving shipping Chinese offshore company buys into the North Sea Shipbroker: The eco-ships of the future are built in Korea ICS calls on IMO to examine low sulphur fuel Analysts: Dry bulk rates likely to stay low in the coming years China will lend billions to support Africa’s infrastructure Maersk Line makes money on sludge Eritrea-Yemen conflict makes it harder to recognize pirates Shipowners: EU’s pirate policy must be finished now 415 ships scrapped in India since 2011 Danish shippers headed for new foreign exchange record in 2012 Media: Indian Exxon Valdez verdict delivered on July 30th Maersk guarantees fairness to competitors Maersk Drilling’s Norwegian major competitor close to new billion-dollar order Drewry: Contract rates for container freight will increase markedly Media: Somalia launches pirate offensive Seaintel: Daily Maersk displays due diligence European shadow hangs over DSV financial statements Statoil finances twice as good as expected Atlantic forfeits oil license and performs devaluation Norwegian shipyards rolling in new orders 45 Danish ports install video surveillance in effort against terrorism Major German bank: Maersk prospects extremely good Denmark gets key anti-piracy position at the IMO MAN: New engine marks change in container shipping Hopes raised for strong Arms Trade Treaty SeaIntel: Costs of piracy for container industry estimated to USD 1.8 billion UN postpones agreement on international arms trade treaty Record number of young Danes accepted on engineer programmes Scandlines confirms sale of freight routes to SOL Continent Line Only one in three containers on time in Africa Newsletter: Knud Stubkjær new CEO in American Carrix Economists ask Norwegian Government to limit oil investments DSV CEO: No sense of crisis Maersk profile to manage new trade organisation Danish offshore industry creates new organisation Shipping companies focus on anti-corruption Recruitment is a core area for new offshore organization Dong manager: The oil and gas industry has not been visible enough Fearnley: OSG breaches conditions for Danish Shipfinance loan APM Terminals signs $900 million Mexican contract Shipowners pleased with EU's decision to close the investigation of P&I Nordea: Strong iron ore numbers for second quarter ABB CEO: New offshore-organization good news for suppliers Stubkjær will fight Maersk in battle for U. S. ports New tax rule could force Danish officers to move abroad Nordsøfonden: New organisation to show that oil is green Platou: VLCC rates in July collapse Smedegaard: Clear direction pays off Taxation proposal affects 3,000 engineers Platou: Extremely strong Maersk result to come Uni-Tankers to further expand fleet in 2012 Major investor plans to list Tankers Inc. by 2016 Minister on new maritime visit to Asia BNRI: Rapid Tankers Inc. development Analysis: Corruption delays containers Danish opposition: Engineer scheme at the top of our list Danske Bank: The shipping industry is still facing challenges Alphaliner: Idle container capacity quadrupled in a year New LNG-player to create a Northern European infrastructure Risk Intelligence: West African piracy threat likely to escalate New Head of Group HR in Maersk Clarkson: Turning point for Maersk in second quarter Nikkei: 40 percent savings on arctic routes Drewry: Container volume up by 8.5 percent in 2011 MAN Diesel in close cooperation with engineer school SeaIntel: Strong Maersk result a brief respite Viking Supply Ships affected by market slowdown Analysts: Daily rates for oil rigs hit record level Maersk Line saved $90m by increasing control of fuel consumption Danish bank: Now Maersk will get back in black Drewry: Improving reliability equals fairer deal for shippers Speculation surrounding Danish compensation claims leveled at shipyard DTU: New CO2 numbers carry good news for shipping companies Media: Eurotunnel launches new routes in late August Chinese state giant separates bulk fleet Shipping companies reap the benefits of Russia’s new WTO membership DFDS: Russia’s WTO membership will lead to more cargo SeaIntel: Competitors riding Maersk Line wake Media: Private Chinese yard giant in deep financial crisis Nordea: Increasing dollar rate benefits Danish shipping companies Former Maersk CEO: Media very positive towards Maersk Analyst: Cool Norden strategy pays off Intermodal: 1,677 new dry bulk vessels in 2012 Bimco: Bulk carriers in litmus test UN: Somali pirates kidnap on land Drewry: Uncertain future for dry bulk Panamax ships Major investor sticks to power in USTC Maersk Line expects a “modest positive” full-year result for 2012 SeaIntel: Maersk Line wins crucial market shares Maersk interim report divides analysts Danish ballast water treatment system is ready Maersk Group CEO: Higher rates is the answer to container service imbalance Esbjerg Port expects record results J. Lauritzen CEO on the bulk market: Things could get really bad Smedegaard: The Danish shipping industry enjoys favorable conditions Smedegaard: Definitely more potential in slow steaming Scan-Trans merges with American company Intermarine Media: Open season for Norwegian engineers Class of 2013 Customers put Norden's business model to the test Scan-Trans CEO: Merger opens for investments CEO following cardiac arrest: Important to secure Scan-Trans Market analysts forecast long-term dark clouds over dry bulk Here is the company behind the Scan-Trans merger High stakes gamble on Maersk billion dollar Virginia offer Danish Maritime: We do focus on research Enrolment to new shipping minor exceeds CBS expectations Clipper on Intermarine: Will play an important role Shipowners: We may use foundation more actively Maersk commotion in Virginia grows Analysts on DFDS Q2 report: Not ostentatious Project: Slow steaming limits ships’ manoeuvrability Clarksons: American ECA has led to fuel shortage Foreign equity funds enter Danish shipping SeaIntel: Container contract rates to improve in third quarter SeaIntel recommends shipowners to take control of social networks Why Virginia is important to Maersk Torm still awaits bank clarification Law firm: The equity fund acquisition is a lottery ticket DFDS takes a considerable beating from the Channel Torm under pressure from new deficit and lacking creditor agreement Danish Minister to meet with Chinese shipping leaders Wind turbine shipping company unaffected by crisis Danish foreign minister wants a voluntary code for weapons transportation Media: Maersk competitors withdraw complaints of Virginia bid Wrist ambitions raised by equity fund ownership A2Sea: We are looking into a growing market Intermodal: No game changer in the bulk market before 2013 Danish Minister and ship owners agree to fight weapons transport Lindoe company's market in China will grow rapidly in the years to come Maersk’s port business moves up on the top 5 Denmark and Singapore enter close strategic collaboration Esvagt about to enter new business area Maersk prepared to pay USD 1.3 billion in cash for Virginia Port Straits Tankers: Singapore agreement a great idea Maersk Tankers to move Broström activities to Copenhagen Ports on the U.S. East Coast getting closer to major strike Analysts: Shale oil will not alter the market radically US port workers could hit ship owners and importers where it hurts North Sea agreement has only resulted in minor additional income Equity fund: Oil subcontractors a strong investment Welltec CFO: New countries raise revenue Erria gets operational profit in second quarter Rambøll Oil & Gas bets heavily on Norway Statoil makes new oil discovery in the Sverdrup area Danish Ports looking for inspiration from China and Singapore Maersk Oil: Sverdrup discovery is great news Professor: Virginia can negotiate better offer from Maersk Analysts: Maersk Oil will reach its target production with ease Maersk Line: The industry has defeated overcapacity Maersk wants to raise reefer container price ”considerably”Employers: New York port workers are millionaires Søren Skou: 2013 could become very difficult Shipowners: Paving the way for Danish-Chinese cooperation Dancopter wants to fly for Norway Record first half turnover for Atlantic Petroleum Daily Maersk to be copied to other parts of the world Maersk Drilling sees new opportunities in Norway following new oil findings Danish Maritime: Trip to Asia helps create growth Danish vessels stranded in bankrupt shipyard Unifeeder takes over Irish Feederlink Shipping CEOs: Great framework conditions in Denmark Fayard may take over ships from bankrupt shipyard Danish Maritime Officers: Bigger intake on maritime programmes Maersk predicts lasting change in Chinese demand PwC: Shipping a volatile growth market for equity funds Shipping CEOs: The public doesn’t know much of the maritime sector Maersk Tankers spun off as new corporation U.S. harbor strike prompts Maersk Line to raise prices Unifeeder: We are set for further consolidation Danish minister signs maritime agreement with Singapore Lloyd’s Register: Pricing crucial to LNG infrastructure Shipowners: Three step plan to change ballast water rules SeaIntel: Shipowners unable to maintain high rates SeaIntel: Pacific shipowners overcompensated by BAF Danish Maritime Officers to sue the government in DIS flag case NATO calls on shipping companies to stay alert for pirates Unifeeder outruns the competition Risk Intelligence sees less pirate activity in 2012 and 2013 Royal Arctic Line could pay high price for German shipyard collapse Grontmij takes a dive along with falling shipyard activity A. P. Moeller donates USD 33.8 million to international school 96 Maersk Line ships to comply with new U.S. ECA requirements Torm to cut down fuel consumption by 10 percent Piracy researcher: Many similarities between Somalia and Afghanistan Norden: New IMO regulation is optional and flexible New American sulphur limits drive up container rates Northern Jutland future prospects scaled down Ultrabulk: Dry bulk in difficulties until 2015 Shipping hit by diplomatic crisis between Denmark and India SeaIntel: 40,000 containers in excess per week Slow steaming and pirate fighting goes hand in hand New course will teach mariners to communicate with pirates Danish Industry: We feel the Indian diplomatic crisis now Maersk: Port strike would be devastating Torm is now a major Filipino player with local ships’ officers Denmark treads carefully in diplomatic crisis with India Only few foreign shipping companies have set up operations in Denmark Ex-Maersk executive praises the Danish government’s China strategy Danish anti-piracy firms profit from piracy threat Swedish government not planning on introducing tonnage tax Maersk invests hundreds of millions in Russian ports Growth team: Six recommendations to strengthen Danish maritime industry Lauritzen joint venture orders first newbuilding New Maersk Line CFO found in Clipper SeaIntel: West African piracy may prove expensive for shipping companies Analyst: Investment in Russia fills portfolio gap Alphaliner: 1.8 million new teu on the market until 2014 Japanese Weathernews opens branch in Copenhagen Study: Transportation executives worried about the economy Growth team: Tax exemption for specialists on the ships Axis Offshore CEO: After the North Sea comes Brazil DMI: We accept the Weathernews challenge A2Sea: Ours ships should be covered by DIS flag Damco moves from Copenhagen to The Hague Suppliers and shipyards call for better access to capital Shipowners: EU sulfur requirements pose major challenges Bimco: It pays off to pay more for ECO ships Fearnley: Price war erupts on Asia-Europe Small carriers ask for public financing Analyst: Price discipline ready to collapse Maersk Line: Prices unstable and under pressure DFDS pulls plug on newbuildings at P+S Maersk: Are social media worth the costs?7 maritime representatives on Danish top-100 Suppliers: Shipping climate targets favor newbuildings Doubts raised over the economy of new maritime strategy for Denmark Rates between China and Europe continue to drop Private equity firms show increased interest in German shipping Media: Shipping minister leaves Danish government Danish bank: Maersk Line is looking at a bad fall season Media: Price war not an option for Smedegaard SeaIntel: Container transport to emerging markets is declining Danish Ports: We can produce the most jobs Unions gathering as port strike approaches Knud E. Hansen wants to get ahead of the shipping companies Media: Seadrill considers leaving Norway Platou Markets: Maersk Line will turn a profit in 2012 and 2013 Evergreen could ruin Maersk Line rebound EU focus on climate requirements for old ships Danish Ship Register full of special rules for foreign shipowners Statoil: The oil industry faces painful changes Alphaliner: Much uncertainty about 2012 as whole Danish tonnage taxation too high in 2001-2006 Global Ports: Russian outlook ”extremely promising” Invest in Denmark: Potential of blue industry not met Maersk receives transparency award New DFDS contracts with two leading logistics companies Shipping business confidence hits rock bottom J. Lauritzen hires Norden executive J. Poulsen not impressed with Danish weapons code War veterans retrained for offshore Global Risk Management to compete in America USA and China in first coordinated pirate action Drewry: Pacific Ocean rates increase Media: Maersk Tankers contemplating sale of Broström Maersk Tankers sell off part of Broström Maersk Drilling wins $100 million contract Maersk Tankers CEO: Maersk Tankers is considering further sell-offs More ships in the Baltic increases risk of oil pollution Broken price discipline prompts new rate drop on Asia-Europe Oil association warns against increased oil taxation Analysts: World economy is stabilising SeaIntel: Carriers should monitor online exposure Analysts: Sale of Broström vessels costly for Maersk Drewry: Ports' value not reflected in share prices Uncertainty about Chinese VLCC pool The offshore sector criticizes the EU for interfering with safety requirements Alphaliner: Shipowners locked in a fight for market shares For former Maersk Line executive, the dream starts now Maersk Drilling wants to work the Arctic all year round Swedish port conflict could impact DFDS departures OW Bunker launches new fuel quality standards Maersk Drilling got the first permission after Deepwater Horizon Maersk Head of Group HR causes anger among employees DFDS establishes joint venture and new business unit Maersk Drilling: No new investments before 2013 Wrist confident about acquittal in market dominance case Drewry reprimands the shipping companies Nordea believes in a comeback for shipping from 2013 Food industry expresses regret for Maersk Line reefer rate hike Analysis: Shipping operating costs continue to rise DFDS CEO: Joint venture will provide know-how of the French market Maersk Drilling holds on to niche operations Danske Bank sees rays of hope for Maersk Line Local manpower presents challenge for Maersk Drilling Clarkson: Ports constitute better investments than shipping companies ABB engineers to secure global offshore orders to Denmark Wrist Ship Supply now occupies global leading position U.S. election, weather conditions, and international politics affect the Q4 oil price Former Transatlantic boss is the new Blue Water Shipping CEO DSV expands in Africa and the Middle East through acquisition State fund believes in a doubling of oil recovery SeaIntel: Russia in the WTO does not result in a new China OW Bunker to provide low sulphur fuel from Panama Maersk CEO: Maersk Line takes up smaller share in five years EU tightens accounting demands for oil companies Torm reaches final agreement with banks Alphaliner: Freight rates down 40 percent since May SeaIntel: Shipowners have not withdrawn enough ships from Asia-Europe Meldgaard: Torm got the best possible deal Analyst: Torm’s equity is still under water DNB: The winners and losers of shipping Maersk sends open letter to Virginia politicians New Blue Water CEO: There won’t be a revolution Banks could force Torm into fire sale Seadrill leaves Norway Shipowners: The EU climate plan could bring IMO into the game Norden forces CO2 down with help from NGO Bunker Holding expands loan frame by 50 percent MAN Diesel & Turbo eyes gas engine breakthrough The shipping industry criticizes the IMO for hesitating on fuel LR2Pool confirms transport of Iranian oil on Maersk ship Critical look at taxes of world’s largest commercial fleet Alm.Brand: Maersk uses new openness to attract investors Danish minister welcomes CO2 proposal from EU Commission Bunker Holding: Loan agreement opens up for major acquisitions State fund eyes new commercial oilfields in the North Sea HR executives: Improving recruitment is a 2010s shipping challenge Minister: The Danish maritime industry must be climate-friendly Hafnia: New business models for pools are needed Maersk Line expands Daily Maersk to cover six new routes Danish bunker company opens in Cambodia Shipowners disappointed by IMO hesitation on ballast water Danish Growth Minister: This is how I’d prioritize the maritime initiative Torm dismisses employees following bank agreement SeaIntel calls for less capacity on Asia-Europe Wrist Ship Supply competitor bolsters with new capital Lloyd’s Register does not believe in LNG as replacement for heavy fuel Maersk Oil to invest USD 1 billion a year in explorations Alphaliner: Container shipping companies suffer from lack of consolidation Government support for two ballast water projects Transatlantic hires replacement for Kim H. Sørensen Danish Ship Finance: Container crisis might go on until 2015 Debates on CO2 from shipping in global limbo Danish Ship Finance: Dry bulk growth to slow down in 2013 Chinese officers in Danish shipping companies Drewry predicts the container industry to break even in 2012 Consultancy company: Often simple things that need changes USTC strengthens board to increase growth in oil and ships J. Lauritzen raises USD 80 million on bond issue Maersk Line: Iran is about business – not reputation Maersk to test MAN exhaust technology Danish Ship Finance: Bond issuances good development for shipping “A very, very good day” for Erria Danish shipping minister resigns USTC: We now match our major competitors SeaIntel: Maersk intervention on Asia-Europe will not suffice Danish Ship Finance does not ”believe that much in China”Shipowners praise DK government’s economic policies OECD: Weak global cargo volumes in 2012 German shipowners ask for state bailout Maersk’s American dream port shows big progress The von Appens expand in Copenhagen Danish shipping’s loyal Chilean connection Newspaper: Iran to block Hormuz through oil spill Bimco: Dry cargo flow stronger than expected Alphaliner: Drop in Maersk Line market share Meet the new political head of the Danish maritime industry 100 maritime jobs from new ballast water system Bimco: Chinese order rumours shake up tanker market EU proposal on scrapping of hazardous ships criticised MBA to improve engineer’s management skills Maersk tears apart American port operator Asian ballast water system manufacturers outshine European Danish company looking to sell ballast water system in Norway Shipping lending tormenting European banks NGO: North East Passage may have devastating effects Bimco: Up to Europe to save container rates Braemar: 2013 biggest container year ever Evergreen postpones 60 newbuildings NGO demands similar regulation in both poles Tanker giant in over its head: Worse off than Torm DIS case on hold until 16 November Analyst: Banks and tanker carrier in trench warfare MAN loss following tax reform SeaIntel: Asia-Europe reduction merely symbolic Ballast water test system almost alone in the market Shell Manager: Shipping must choose new fuel quickly Goldman Sachs predicts strong market for new Maersk Drilling drill ships Only one Somali pirate attack in third quarter Growth has failed in shipowners’ growth markets EU: Global CO2 agreement will take time Tanker carrier in loan agreement with Nordic banks Clarkson: European fleet records extraordinarly slow growth Major Maersk Line rival conquers market shares Danish Maritime Fund calls for more inventors Maersk Drilling secures USD 694 million contract for drillship Tanker owners chasing capital from few banks More ships avoid the Suez Canal Norden ship rescues 19 from helicopter crash-landed at sea Nordea maintains major provisions on shipping OW Bunker acquires Bergen Bunkers Danish shipping will fight state support for German ship owners Maersk Tankers sells ships to Swedish ship owner Nordea CEO: Shipping will become a terrific business Crisis-stricken OSG has chartered ship from Lauritzen Maersk: Green requirements more expensive than operating ships Maersk expects biofouling will be next difficulty ”Will we have seen the last Dane on the bridge soon?”Maersk Drilling invests USD 10 million in simulator MSC follows Maersk in raising reefer rates Three maritime businesses among the Top 5 in Denmark Tankers Inc: Consolidation has not materialized Statoil lowers production forecasts for 2013 Media: Outdated tax rules force Orca to sail under Cypriot flag Esbjerg port at the forefront of offshore development Maersk Line CEO: It does not get any bigger than this German ship owners want state-owned bank to help the industry Maersk Container Industry hit by reefer power struggle SeaIntel: Asia - Europe could avoid price war in 2012 New Zealand alarmed by Maersk Line reefer jump Scorpio Tankers sails at deficit in the third quarter Panamanian agent to learn Danish shipping mentality British authorities concerned about Channel competition Ports prepare rail networks for giant ships Shipping companies will find answers in Danish calculation model Otto Danielsen wants to operate banks' ships DNB: Dry bulk recovery on track Norwegian shipyards taken over by major European company The Brits could help DFDS by blocking Seafrance purchase Empty containers cost Maersk Line USD 1 billion a year Shipowners will keep a close eye on German financing solution Maersk Director: Port of Aarhus can compete with Hamburg Container shipping companies improved reliability in September Danske Bank: The shipping crisis will continue into 2013 KG crisis may break up German shipping Drewry: Rate drop spreads to growth regions Container growth in Port of Gothenburg – drop in ro/ro Maersk Supply prepares for giant deal in Brazil Suppliers not affected by Dong decline Professor: Carriers will be forced to share containers The Suez Canal refuses piracy discount Global Shippers Forum: Reefer increases must be justified Transatlantic increases earnings Norwegians appraise Sverdrup-share at 10 billion NOK Maersk analysts: Continued pitfalls despite bright spots ahead Shipping’s never-ending story of environmental demands EU countries tone down sanctions in new scrapping regulation SeaIntel: Carriers "hide” deployment of large ships Statoil to dismiss 700 employees Maersk Line rival considerably more reliable GRM: American election will not affect oil prices The race among the world’s biggest ships begins Maersk releases oil numbers early Hempel benefits from new antifouling requirements Massive interest in soldiers retrained for offshore Nykredit expects millions in Maersk Line profits Danish government postpones two offshore wind mill parks MAN wins first dual-fuel order for new gas tanker Struggling Torm hit by tough markets Hurricane Sandy lifts Torm’s rates significantly Shipping company in danger of bankruptcy returns ships Statoil in negotiations about Argentine shale boom Why shipowners hesitate on new environmental requirements Torm CEO: Many unanswered questions regarding eco-ships Subcontractors should be careful with Chinese shipyards Maersk Chairman: We’re not earning enough Indian bureaucracy slows down APM Terminals British court: Pirate attacks are shipowners’ responsibility Nordea: Shipping benefits from elections in the US and China Analysis: Tank rebound after Hurricane Sandy subsides Platou: South Korean nuclear uncertainty could help LNG Maersk Group delivers a USD 933 million surplus in Q3 Maersk considering divestment of FPSOs to customers Analysts: Good signs not enough to improve the tanker market Maersk Tankers suffers loss of USD 277 million Torm fleet increases despite major cost savings Teekay: ECO-design beats retrofit on gains SeaIntel: Container rates disastrous for the shipping companies Stena Weco headed toward first profits Statoil gets 200 applications a day Maersk prepares for new China Danish Minister wants to discuss framework conditions with shipowners Dannebrog CEO swore he would never become a shipowner Stena Weco establishes new tanker carrier in Singapore Professor: No doubt that eco-tankers pay off DFDS and Swedish rival in North Sea price war Alphaliner: Giant ships will dominate Panama Analysts: DFDS under pressure in the North Sea and the Channel Maersk Line has idled most ships Carsten Mortensen: Scrapping forms a basis for dry bulk Ramboll to double Norwegian oil business Analysts: USA as new oil giant could change shipping significantly MAN and Maersk Line has biggest potential for environmental export Analysts: 2012 is a phenomenal record year for scrapping Tanker shipping company OSG files for protection from creditors Clipper establishes new multi-purpose pool with three shipping companies The shipping crisis could claim biggest victim yet The North Sea weighs down DFDS’ results Maersk: Shipping faces five major CSR challenges APM Terminals CEO: Annual global container growth of 5-6 percent Subsea 7 secures historical Norwegian contract Analyst: OSG reflects tanker market’s underlying problems Danish backing to a leaner and more efficient IMO Newspaper: New J. Lauritzen CEO named 2012 Torm loss set to grow by USD 150 million Court: Maersk Drilling infringed competitor’s patent New Lauritzen CEO: Have to wait for improvement in bulk Statoil threatens to leave Norway DFDS CEO: Gothenburg is crucial to DFDS DFDS issues ultra short deadline to P+S Werften Media: ECO ship orders could prolong tanker crisis New anti piracy standard ready soon Norden believes in 25 percent savings from ECO ships Maersk Tankers sells entire Handygas fleet DFDS: Weak European economy could last another four years APM Terminals wants to build mega-port in Nigeria Alphaliner: Container market imbalance will not end before 2014 Maersk Tankers CEO: We are still open to a solid offer Alfa Laval: Thousands of ships will install smoke cleaning systems Alfa Laval: 35,000 ships in need of ballast water systems Analyst: Eco ships will force down ship values Why the Russians left Maersk Line Nova Tankers: Two months of positive VLCC rates ahead DFDS: New acquisitions within the next half-year Danish Energy Agency lowers 2012 oil production forecast SeaIntel: Mediterranean collapse has now spread to all of Europe Owner of Otto Danielsen: Denmark has no more to offer MCI in Chilean collaboration to bring more fruit to Europe Tschudi Shipping wants to expand in Russia and the Arctic Banks have unsecured loans worth billions in struggling OSG Analysts: The pitfalls of private equity funds P+S Werften: We intend to finish DFDS ships Force Technology makes major research investment Maersk analysts: Container rate drop surprisingly big Platou Markets: MR tanker rates increasing Lofoten oil extraction to create 37,000 new jobs Dynamar: Reefer shrinks to 60 percent in 2020 Norske Veritas: 2,000 new ships entering market each year Competitors copied Maersk Line reefer rate increase Boskalis offer for Dutch-based Dockwise Dutch shipyard steps up focus on Norwegian offshore orders Maersk Line: We lose money on low rates Norwegian Government to allow oil activities at Lofoten Major collisions mean higher insurance premiums in 2013 Alphaliner: Maersk container business part of tactical play Welltec after five years of booming activity: Where’s the crisis?Clarkson Research paints a bleak picture of the container market MAN is having a hard time keeping up with the retrofit market Thome considers opening branch in Copenhagen Welltec CEO: How can you not be proud?NGO to EU: Prioritize European scrapping Norwegian oil rigs will be scrapped in Frederikshavn Norwegian oil industry’s nightmare: Not enough bright minds MAN: 60 percent of our development concerns the environment Deutsche Bank: Painful consolidation awaits Asian shipyards The shipping crisis keeps MAN’s development even in 2013 Should the bankruptcy of German shipyard have been spotted in 2010?Importers benefit from absent rate hike on Asia-Europe SeaIntel: Shipowners could save millions on shorter port calls Frontline believes in better tank market in the fourth quarter Media: Iranian tanker hunted in Greece MCI provides fruit with a 45 day period of dormancy Shipping analysts: Container rates to remain still into 2013 Stowaways expensive for carriers German shipping bank increases provisions considerably The VLCC pool Tankers International one member short Nordea: Atlantic Petroleum among the most attractive shares Singapore attracts several Danish companies Report: Promising prospects for offshore wind shipping SeaIntel: Shipowners increasingly similar Shipowners fear that scrapping may be financed by new fund Force Technology to build new Singapore centre Trade union accuses APM Terminals of phone tapping Alphaliner: Container carriers back in red VLCC rates prevented from going up MCC: Intra-Asia growth only half of what was expected Blue Water Shipping believes in the market for offshore wind Private equity fund to finance ECO ships Chinese export bank offers new million dollar loans to shipping Is the EU piracy effort deteriorating?Royal Arctic Line says goodbye to P+S Werften Billion-dollar Los Angeles Port strike called off Thome: Singapore too expensive for expansion Bimco: China will need more iron ore by 2013 Analysts hope Santa Claus can help the shipping industry MAN on new contract: It's pretty much a new era Maersk Line after port strike: It could take 80 days to get back on track Maersk Line: We can save 10-15 percent by retrofitting Royal Arctic Line will have to wait till first quarter for shipyard clarification NGO: Necessary to regulate the Northeast Passage ABB: Why aren't we using port electricity in Denmark?MCC disturbed by large ships on intra-Asian routes Bimco: Small dry cargo carriers to pool resources in the dark Torm to call for general meeting in December Ultragas changes name, receives capital increase Navy Commander warns EU not to ease piracy control Maersk Line: U.S. economy crucial to 2013 results Shipping company in danger of bankruptcy returns ships Statoil in negotiations about Argentine shale boom Maritime subcontractors betting heavily on growth in 2013 Shipping benefits most from agreement between EU and Japan SeaIntel: Reliability is money Maersk Oil: Kazakhstan delivers first oil Scorpio Tankers orders six new eco-ships Historic EU grant may impede pirate recruitment Brits to profit from Marco Polo global PR effect Alphaliner: Globally, ports are not ready for giant ships Danish Maritime Officers: Employment in focus in 2013 Analyst firm: Depressing volumes for container carriers Fearnley: Frontline will be strong in 2013 Newspaper: Clipper in possible tax case Shipowners dissapointed with lack of Doha result Maersk Line: Biofuel could solve shipping's sulfur problems Growth initiative deflates research center amibtions Wind mill ships will not join DIS Researcher: The shipping industry fails to notice female talents Danish government wants to establish new BA in shipping Libor scandal threatens London shipping dominance New Statoil technology extracts USD 3.3 billion in extra oil Economist: Zero unemployment amongst ship officers threaten growth Risk Intelligence reduces size of high-risk area off the Horn of Africa Former Maersk executive in play for Torm chairmanship Recruitment is the great challenge of 2013 Freight rates on Asia-Europe increase markedly Global praise to Danish shipping leaders following a dramatic 2012 Transatlantic CEO: The industry’s traditions cost talents The environmental agenda for shipping in 2013 Maersk Line: We haven't done enough for equality between the sexes Torm: Much to think about after pirate attack SeaIntel: Container market volatility increases significantly Suez agent: Shipowners' pirate security is intact Security companies: Shipowners are not cutting down on security Bidsted loses major revenue on bulk Shipowners: Pirates moving to fringe areas Intermarine wants to expand its fleet in 2013 Massive amount of scrappings in November Hapag-Lloyd and Hamburg Süd negotiating merger German merger would create 4th largest container carrier in the world Watch a Maersk container take a beating Strike could close biggest U.S. ports in ten days Maersk Line pays for retrofit on chartered ships Researcher: The women and men in shipping APM Terminals: Too soon to expect a strike Thome strengthens its business in India Alphabulk: Vale-Max could become superfluous Maritime Officers propose million dollar education fund Port of Virginia prepares for strike Maersk Line: We call in 13 of 14 potential strike ports Subcontractor in Northern Jutland ready for Norwegian rigs Windmill shipping to be mapped out New Sverdrup estimates expected by February Major Italian yard buys into Norwegian shipbuilder Asia-Europe rate increase saw short-lived success PwC: Shipping is in the midst of a tough readjustment Norwegian yards have an orders reserve of 7 billion USD Norden: Education fund is a step in the right direction Vale carries out $4.2 billion write-down SeaIntel: Much strength in German container merger The U.S. East Coast could close down in three days Iran conducts new naval exercise in the Strait of Hormuz Janholt: We’ve hopefully prepared for the worst Shipowners: Pirates back on the EU agenda Statoil expands in Brazil NGO: Shipping emissions is our top concern Survey: Growing confidence within the shipping industry Shipping doctors with offshore specialty are in demand Will Fredriksen be rid of Hapag-Lloyd?Korean shipping giants collaborate on major eco-savings Danske Bank relieves Erria of its debt obligations NGO: Accident rate in shipbreaking is alarming Westcon in new shipyard deal in Norway Hong Kong preparing strict environmental requirements for shipowners 2012 a good stock year for almost all shipping companies EU scrapping requirements nearing approval Alphaliner: Historically volatile container rates The DFDS share lost more than one fourth of its value in 2012 Clipper increases capital and changes the board Maersk Line: We need equal terms regarding the environment Bimco: 2013 will be a global turning point Erria becomes the Danish branch of Teekay Thai shipping company establishes business in Denmark Shipping affected by diplomatic crisis between South Korea and Japan Bank: Dry bulk set to improve in the years to come New Thoresen Manager: A very speedy process Maersk CEO: Calm in the USA and Europe in 2013 Australian port in iron ore boom MSC invests in major Lithuanian port Maersk Line may profit much from reefer increase SeaIntel: Follow EU carrier scrutiny Baltic Sea tanker market very volatile New partners to help ensure sustainable shipping Torm product tanker to exit crisis first Shipowners: Nigeria new piracy centre Kuwaiti shipping company wants Triple-E’s Heavy Chinese oil hunger growth in 2013 NGO: Major holes in EU scrapping proposal Golden year for offshore investments in sight Denmark: Controlling scrapping will be difficult Norwegian yards feeling the pressure from Asia Shipowners: Environmental criticism completely misses the point Environmental NGO dissapointed by Danish shipping Maersk Chairman defends stock options Environmental spokesman: EU scrapping fund will be flag neutral Analysts: Piracy more complex in Nigeria New Torm Chairman has complete faith in senior management EU support for scrapping fund Shipcraft: New corporate structure following hostage situation Product tank doubles revenue on the Atlantic Fritz Ganzhorn: The goal is influence SeaIntel: Container carriers are becoming increasingly reliable Shipcraft: Difficult time for hostages and loved ones Danish shipowners may choose lobbyist as new executive Further Clipper Group sales ahead Danish Shipowners in search of new Director General Rates on Asia-Europe in solid increase Ramboll Oil & Gas gets a share in major Norwegian project Risk Intelligence hires former Maersk Executive BBC CEO: We can triple our business Notorious Somali pirate leader to stop his career SeaIntel: Second wave of giant ships begins DFDS competitor steps up battle of the English Channel P+S Werften to build DFDS ferries from Monday Oldendorff outperforms Rio Tinto and Cargill on bookings Danish ship breaker: EU must look inwards Former Torm executive new head of tanker pool BBC Chartering to grow organically Shipowners: Retirement of top pirate may be part positive development Swiss MSC with massive newbuiliding programme Maersk Line takes delivery of the world’s largest reefer carrier BBC Chartering faces market under pressure Maersk promotes its Head of Investor Relations Orskov Yard's financial report 2012 a positive surprise for the management Intermodal: Low prices create large interest in used Panamax Hapag-Lloyd and Hamburg Süd bet on new joint management Clipper hires new CFO and announces new Executive Management structure Danish wind mill ships have crucial advantage Shipowners on decreased piracy: We need to maintain pressure Here comes the tax bill for Greek shipping EMS Seven Seas challenges Wrist Ship Supply Lauritzen CFO welcomes new corporate bonds Fredriksen makes strong move toward Brazil Iranian ships on the run Bankrupt shipyards to restart building Parliament adopts EU strategy for the Horn of Africa Small steps forward in port negotiations EMS: We benefit from oversupply 1,500 shipping professionals networking in Copenhagen Uncertainty about five missing Statoil employees in Algeria New Maersk executive predicts tanker collapses in 2013 Danish opposition: Must strengthen maritime competitiveness SeaIntel: Common rate jump could be common sense Record volume passed through Gothenburg in 2012 Oil Gas Denmark: What kind of employees do we need?Shipowners: No special arrangement on Greenland, please Maersk Line: Daily Maersk supports negotiations Alphaliner: Massive drop in demand kicks in Swedish maritime action plan under fire Limited growth possibilities for Swedish shipping Evergas in purchase of a series of LNG ships Monjasa signs agreement with Port of Skagen on tank storage The new Greek shipping taxation North Sea RoRo: We gain market shares Platou: Weak volumes may affect Maersk Line Auditor-General criticises Dong investment programme Evergas contract opens for new American market Novenco signs largest offshore contract ever Maersk and Norden partner up with CBS OW Bunker launches Nordic network European ports sceptical of EU LNG proposal Danske Markets: Golden Ocean overrated Shipping’s five biggest changes SeaIntel: 13,500 teu is new standard CBS unites maritime research and education in new centre Grontmij: Growing interest in ship design Wärtsila profits from offshore orders Maersk Line raises CO2 emission target Shipowner support to EU LNG plan Shipping minister: DIS and tonnage taxes are crucial Martin Stopford: The shipping recovery is postponed to 2015 Shipping company websites full of embarrassing errors Chilean container carrier in drastic turnaround Scrapping cannot keep pace with new dry bulk ships The military scales up presence at Suez Alphaliner: Shipowners to face heavy headwind in 2013 Scorpio tankers expects weak result in 2012 Lawyers: Slow steaming may result in carriers being sued Boom in biomass exports PwC: Shipping wastes CO2 opportunities European ports want EU to analyse LNG needs Massive interest in shipowners' trainee programs Nordea performs major impairment on shipping Lauritzen: Bio cargo must be doubled in the coming years Gorrissen: Slow steaming opens up for a variety of legal disputes Maersk Line warns customers about potential port strike in the U.S.APM Terminals named as winner in battle of port acquisitions Analyst: Maersk’s Russian port acquisition under pressure Shipowners deny legal problems with slow speed Shipowners: We need to keep recruiting Rates increase on the Suez Canal starting May 1st Drewry: Prices on terminals back to normal European ports: LNG means huge investments Safe e-navigation in shipping – voluntarily or by force?New five-point plan to secure arctic navigation Maersk Line preps Gothenburg port for Triple-E Maersk Drilling in play in global race for drilling rig ships Exmar believes in the LNG market following $30 mil profit Maersk Group CEO: China is currently propping up the world economy Mitsui OSK’s massive cutback plan may leave blood trails Nordic Bulk Carriers doubles fleet on North-East passage Electronic nautical charts present huge problem for shipping BP: These countries will lead the future tank market Hard-pressed COSCO attempts rate hike New suspected pirate attack off the Ivory Coast Protest against Suez toll increases Nordic Bulk: Irresponsible to sail north of Russia without ice class G6 alliance expands cooperation to cover Asia-United States Danske Bank: Old shipping involvements are a strain Hungry equity funds target Danske Bank's shipping segments Alphaliner: Large container ships displace smaller ones Chairman on the growth plan: A little also works Intermodal: 1,500 dry bulk orders but bottom is reached Maersk Oil: Algerian oil production delayed MAN Diesel & Turbo reaches 100 G-type orders ”Shipping is a huckster’s market”City of Copenhagen buries maritime task force Euronav prolongs convertible bonds by three years Sneak peek at new Maersk Line giants Dan-Bunkering: Market not ready for LNG MCI tries to put pressure on European Commission The Emma Maersk hole will now be closed Danish shipping tycoon withdraws from shipping investments Hanjin beats Maersk Line on reliability Hafnia: More ships could help realize U.S. ambitions Shipping forms joint venture to aid Somalia Competitors go after Maersk where it hurts Maersk Line's CCO will leave the company on May 1st Wärtsila defends its position as supplier of ship engines Maersk Line: Drewry numbers just a snapshot SeaIntel: Customers not interested in shipowners' CO2 emissions Monjasa moves on LNG DSV behind new Baltic Sea route between Germany and Finland Norwegian offshore has 11,300 available jobs right now Containers removed from Emma Maersk CMA CGM much closer to IPO Maersk Group CEO’s transparency strategy is a success Chinese conglomerates hit hard by financial troubles Maersk: Not everything is relevant to talk about Norway wants oil research at Lofoten Vattenfall to invest 1.4 bln USD in offshore windmills Reduced EU budget affects shipping Increase in transparency pays off for maritime companies Barack Obama: We need modern ports Straits Tankers bets on North East Passage Wärtsila to spend millions on new engines R&D Bimco: Dry bulk headed for much-needed recovery CMA CGM: Transparency is important Albert tests to improve Maersk Oil Norwegian Sea knowledge American ports applaud Obama’s infrastructure plans Russia establishes state agency for North East Passage Record high container ship demolition in January Novenco: Change from commercial ships to offshore has occurred Emma Maersk cargo relocated Novenco: The three markets of the future Drewry: Young dry bulk ships to be scrapped in 2013 Frontline focus on eco container ships Final agreement between DFDS and Stralsund in place Thoresen manager looks back at first month Danish Maritime Officers: Young officers must take pay cut EU Climate Commissioner: IMO involvement in CO2 agreement necessary SeaIntel: Overcapacity on new trades Giant growth in Chinese crude oil imports Newsletter: DFDS may benefit from activity increase Norwegian yards disappointed: Lost 5 out of 5 major contracts Russian Maersk offices raided by anti-trust authorities 1,050 offshore turbines in giant Swedish park Alphaliner: Container activity growth halved in 2012 Norden in Shanghai management switch Maersk Drilling attracts competitor employees on social media UK authorities fear unfair competition on the Channel Unifeeder up for sale Platou predicts a weakened Maersk Intermodal: Do mega ships pay off in today's market?Unifeeder likely to be purchased by equity fund Drewry: Sad times ahead for Capesize APM Terminals' Virginia bid criticized Maersk: Nothing to suggest illegalities at Russian offices XO Shipping delivers $4 mil. surplus in first annual report See Maersk’s nearly completed Triple-E Grontmij close to several deals on ice class ships Shipping companies: Transparency must benefit business New EU strategy to strengthen maritime sub suppliers Maersk Line profits 2012: USD 461 million Copenhagen Business School places management team at the head of Blue MBA Maersk: Still skeptical about the tank market SeaIntel: Maersk Line has found the key to winning Frontline returns to operational profit Smedegaard downplays expectations for Virginia Statoil to invest in new technology in 2013 More business but lower profits for Damco SeaIntel: 46 new giant container ships in 2013 Torben Janholt to stay in shipping Risk Intelligence: Nigeria stable despite new kidnappings Nordea part of Scorpio newbuilding financing Alphaliner: 2012 results create new rate uncertainty Scrubber decision stranded in political chaos Maersk Line to invest in booming Saudi Arabian market IMO dawdling may cost DFDS EUR 18 million Seago Line passes USD 1 billion in its first entire financial year Maersk Oil: North Sea taxation decides future investments Newspaper: Maersk Line drops the Panama Canal Lauritzen presents USD 350 million deficit Danish Minister ready to solve Dong debt problem DUC to establish Danish offshore research center A lot of confusion regarding soot in shipping Norway: We need 4000 employees for 18 new rigs DFDS hit hard by economic downturn and overcapacity Torm forced to sell ships and perform impairments Fredriksen's Frontline says goodbye to Norway Analysis approves EU scrapping fund Welltec continues to grow Port of Esbjerg believes in continued growth after record year Danish Ship Finance profits up by 29 percent DFDS: Channel losses considerable and unsustainable Somalia grants amnesty to 959 young pirates Danish ministry: Hong Kong convention in place in six years Ecoships divide the shipping market Seago Line: European short sea on a tightrope SeaIntel: Weak consolidation in the container industry Drewry: New giant ships force shipowners to cooperate Fayard under pressure from aggressive Norwegian yards German banks let ships sail Chilean shipping company headed out of slump US LNG exports could create demand for 200 new ships Alphaliner: First Triple-E named Maersk Mc-Kinney Møller Several carriers postpone ship deliveries Maersk Tankers CEO: 70 VLCCs too many New Bimco Secretary General is British Maersk Tankers to find DKK 1 billion through optimisation North Pole crossing possible in 2050 Maersk Tankers decides against bunker surcharge Norden made 2012 deficit of USD 279 million Maersk Tankers missed out on Singapore sale SeaIntel opens office in Hong Kong Gas importer VNG considers reducing North Sea investments Svitzer, Rolls-Royce, and Teekay in LNG collaboration Star Tankers to build fleet of 40 tankers Samsung cancels major order from European shipowner Tanker pool in search of equity fund investments World’s largest shipbroker affected by crisis DFDS raises expectations following new agreement with Swedes Explosion on Nordic Tankers vessel, one person missing Oil analyst: Arctic extraction can prove too expensive Forwarders: We struck a good deal with DFDS Norden close to achieving strategic product tanker target Maersk Line: Tidy increases to succeed rate plunge 15 March Carnegie: March 15th will be D-Day for shipping companies Scorpio out shopping again, now for 30th product tanker Drewry: Sailing cancellations boost rates by 7 percent Søren Skou: No expected Triple-E effect before 2014 Container ports not ready for Triple-E till next year SeaIntel: Atlantic container shipping will benefit from free trade agreement Norwegian Flex LNG demands USD 300 million from Samsung Shipowners: Necessary to fight piracy off West Africa Alphaliner: New financing replaces collapsed KG funds Triple-E route announced Major loan renewals distress shipowners APL: Giant ships create “perpetual overcapacity”Carriers hesitate to install scrubbers New technology: Vessel errors identified from land Maersk Line Singapore: 2013 will be difficult C-bed still believes in hotel ships despite difficult market Suppliers: European shortage of MGO fuel by 2015 Torm achieved a 2012 deficit of USD 579 million before taxes CEO: 2013 a huge step forward for Torm Wärtsilä to supply pumps for Statoil's new storage ship New theory could explain damages to Emma Maersk Royal Arctic Line negotiating with major Polish shipyard Norwegian shipping headed for record year in 2013 Fearnley: Scorpio with USD 570 million in new purchasing power Chilean shipowner: Denmark a major inspiration Norwegian shipping demands improved framework conditions Maersk executive in board of cement giant Frederikshavn Port tackles major expansion Tim Wickmann: 2012 was a breakthrough year for MCC in Asia MCC grew by 19 percent on intra-Asia in 2012 Frederikshavn Port tackles major expansion Maersk to sell off many smaller units MAN Diesel & Turbo: Great potential in high-tech monitoring systems Russian Global Ports performs major impairment Here are Maersk Line's own pictures of the Triple-E Eurotunnel defends Channel activities Free trade agreement could boost US LNG export SeaIntel: Increased use of Suez reduces overcapacity Danish minister: Three objectives for maritime effort Russian Global Ports performs major impairment Global Ports board: Russian market super strong Lego dynasty disappointed by shipping investments Global Ports board: Russian market super strong 30 large container vessels seek employment Change in CEO at CT Offshore Huge scrubber contract intake at Alfa Laval and Wärtsila Fredriksen to raise capital on New York Stock Exchange Maersk Drilling: How we choose shipyards for repairs Ultrabulk back in black in 2012 Frontline 2012 CEO: The right time for a new fleet Significant growth in Blue Water Shipping ICS: Green agenda will ruin a lot of shipowners Norden signs nine-year contract with American Enviva Maersk Drilling: Recruitment on track Drewry: Cancellations will continue Maersk Drilling: Recruitment on track New plan in Ultrabulk: Ten more ships in long-term fleet German Dachser to reach record revenue in 2013 APM Terminals challenged by Egyptian unrest American Shipper: Where shippers should focus Drewry: Cancellations will continue German Dachser to reach record revenue in 2013 Suppliers show massive interest in the Arctic APM Terminals challenged by Egyptian unrest Drewry: Good but not that good for LNG ships EU: Time to stop talking and start acting B-Gas to renew fleet Platou: Asia-Europe rates down by 12 percent Maersk announces new Asia-Europe increase Suppliers show massive interest in the Arctic China and Russia in oil exploration agreement Shareholders call off German container merger Desmi steps on the gas after disappointing 2012 Dane leaves CEO position in Dubai shipping company China lures shipowners with attractive financing Norwegian oil companies send major jobs out of the country China lures shipowners with attractive financing China and Russia in oil exploration agreement Esvagt: The market can handle new ships Shipping companies want piracy readiness scaled back French container carrier still struggling financially Esvagt: The market can handle new ships Door seems slightly open for German shipping merger Shipping increasingly confident about the future Greek shipowners pulled more than a billion USD out of Cyprus Media: Greenland will slow down the oil exploration Port of Virginia declines Maersk’s billion-dollar bid APM Terminals: Disappointing decision in Virginia APM Terminals: Disappointing decision in Virginia Port of Virginia declines Maersk’s billion-dollar bid Media: Greenland will slow down the oil exploration Desmi moves production to China Scrapping proposal takes flak from shipowners and ports Nordic Shipholding chairman: The game is not up for Nordic Shipholding Desmi moves production to China SCFI down almost 10 percent last week Maersk Line and MSC challenged in South America 15,000 fewer jobs in the shipping industry in five years SeaIntel: Maersk Line retains high piracy surcharge Researcher: Creating more maritime jobs requires new attitude Drewry: Container rates will rebound in second quarter Monjasa-breakaways behind new bunker company Monjasa-breakaways behind new bunker company Grimaldi to open new route on DFDS’ home turf Unifeeder opens office in Düsseldorf Uncertain when deal concerning weapons transport will become a reality New African anti-pirate code meets criticism Chinese tanker is loading Iranian Oil Family fund: Viking is not for sale Family fund: Viking is not for sale Shipping giant to implement austerity measures following billion-dollar deficit Maersk: Disappointing freight volumes in March took its toll on rate increases Stolt-Nielsen disappoints following loss in Q1 Fearnley: TeeKay in major tank order New shipping-director is a diplomat with international background DUC invests billions in the North Sea DUC invests billions in the North Sea Clipper loses tax trial once again New Unifeeder-owner is a shipping-novice IMO: Difficult to make global scrapping-deal Hong Kong strike is taking its toll IMO: Difficult to make global scrapping-deal Authorities postpone DFDS tunnel-decision Hong Kong strike is taking its toll Newspaper: Scandlines put up for sale SeaIntel: Rate war to intensify in 2013 Singapore fund posts USD 800 million in LNG Singapore fund posts USD 800 million in LNG Crisis in Cyprus affects Danish shipping Platou: Shipyards will have loads of orders in 2013 Norwegian oil companies want to invest USD 28 million in the Arctic Platou: Shipsyards will have loads of orders in 2013 Norwegian oil companies want to invest USD 28 million in the Arctic 2013: A new spine-chilling year for the container industry Sea Asia 2013: Mega-ships will not pressure prices Demands for new scrapping rules to take effect in 2015 New investors responsible for overcapacity in the tanker market Sea Asia 2013: Mega-ships will not pressure prices 2013: A new spine-chilling year for the container industry New investors responsible for overcapacity in the tanker market Demands for new scrapping rules to take effect in 2015 Raw oil tanker owners on the brink of collapse Mads Meldgaard resigns from Nordic Tankers Raw oil tanker owners on the brink of collapse Mads Meldgaard resigns from Nordic Tankers Piracy costs shipowners $6 billion annually Drewry: Carriers lost 700 mio. USD in 5 years The Panama Canal: Maersk Line will return International major banks ready for shipping investments SeaIntel: Shipowners in line for major profits on Panama Canal expansion Piracy costs shipowners $6 billion annually Drewry: Carriers lost 700 mio. USD in 5 years The Panama Canal: Maersk Line will return International major banks ready for shipping investments SeaIntel: Shipowners in line for major profits on Panama Canal expansion Danish Ship Finance: Newbuilding prices could plummet to 2002-level Danish Ship Finance: Newbuilding prices could plummet to 2002-level Sea Asia: China poised for dominance of the offshore market Sea Asia: China poised for dominance of the offshore market EU adopts new transparency rules for oil and gas companies EU adopts new transparency rules for oil and gas companies Bourbon sells off major part of its fleet Bourbon sells off major part of its fleet DNV to shipowners: Change to LNG now Pirate analyst: Piracy must be suppressed through generous investments Analysis paints gloomy picture of container shipping Pirate analyst: Piracy must be suppressed through generous investments DNV to shipowners: Change to LNG now Analysis paints gloomy picture of container shipping Analysis paints gloomy picture of container shipping ATP: Maersk should divest non-core business ATP: Maersk should divest non-core business Torm opts out of collaboration pools Torm opts out of collaboration pools Torm: Bank agreement limits our options Heavy lift industry: The market could rebound this year SeaIntel: Container rates now in free fall CSAV made USD 313 million deficit after taxes in 2012 Maersk Line: Difficult to keep the rates up Intertanko: Massive oil spills when bunkering Major capacity injection on minor routes First quarter growth for Kuehne + Nagel DSV denies rumors about acquisitions in Turkey New plan for Philippine maritime schools to ensure EU acceptance Container carriers have lost USD 6.9 billion Drewry: Radical changes underway in Chinese shipping Seven new ultra large ships inserted in March Golden Ocean sees three good years ahead for bulk Eitzen Chem: Shale gas could change the market by 2014 Brokers surprised by heavy newbuilding activity EU continues review of Philippine schools New network to secure Asia's role in the Arctic German state bank considers bigger loans for shipping Maersk Line threatened with fine for breach of contract Intertanko: Here's the agenda for the next five years Broker: Significant mood change in bulk Confusing image of Nigerian piracy dominates Maersk Line loses first place on reliability Former Maersk executives in top positions at Arabian carrier Wärtsila to secure revenue from environment and emerging markets Philippine mariners: Many maritime schools should be closed Maersk Line: Good alternatives to new eco ships European Parliament votes against scrapping levy Weak Yen creates boom in orders at Asian shipyards Maersk CEO: Bad timing for Triple-E Drewry: Drastic measures needed to stop rate erosion Maersk Line: We will defend ourselves at any cost Schlyter: Parliament fooled by lobbyists China silent on port call by massive Vale bulker Petrobras secures massive Danish credit Dan-Bunkering speeds up its growth in China Asian container carriers upgrade with new services Drewry: major Swiss carrier makes move on South America Product tank orderbook stands at 11 percent Lower Singapore tax lets Straits Tankers grow Shipowners: We're not lying about scrapping Wrist sees strong growth in revenue and profits Danish shipowners save USD 697 million on lower oil prices Danish and Russian shipowners strengthen cooperation Wärtsila: Evergas order is a milestone Alphaliner doubts China as growth engine Shipowners want to participate in surveillance of the Arctic Roland Andersen steps down as Torm CFO Blue MBA appoints first ambassadors Shipowners: West Africa may be too bloody for armed guards Nordea: Shipping market is stabilizing DIS rules blocking Evergas establishing efforts Denmark and Singapore in new research agreement Erria considers stock exchange exit Former Danish d'Amico execs behind new bulker company Unifeeder raised its bottom line in 2012 Bimco: This is where scrubbers pay off Danish CEO to head DNV merger Analysis: A lot of pressure on the banks' shipping loans ShippingWatch is closed this Friday, April 26th Klaus Nyborg behind new equity fund in shipping SeaIntel: 43 percent rate erosion in six weeks calls for action Carriers could return a lot of ships to vessel owners Aker Solutions got off to a disappointing start in 2013 New pirate attack off the coast of West Africa Old oil fields pose a challenge to Maersk Oil's CO2 emissions Alphaliner: Rate war is real now, and it'll get worse Weco Group establishing bulker company DSV: We've won shares in a declining market "Different nationalities is a major challenge"Blue Water Shipping wants to double its revenue Correction Rambøll opens office in Northern Norway Somali pirates release crew on Danish ship SeaIntel: Carriers are like frogs in boiling water Danish attorneys benefit from shipping Greeks buying record number of bulk ships Norway's oil will only last till 2025 K Line back on track in 2012 Danish government to strengthen maritime framework Red and blue stars meet in Russia NGOs fear sailing at the Arctic Thai carrier setting roots in Denmark Danske Bank: Shipping remains under pressure Shipowners hit by Costa Concordia claim of USD 750 million DFDS confirms interest in Scandlines Drewry: Giant ships will put pressure on the rates Shipcraft: USD 6.9 million ransom aided by private parties New MA course in CSR to prevent corruption Danske Bank: Bad quarter for Norwegian shipping MAN Diesel & Turbo: We'll be bigger in China Broker: USD 1.1 billion overprice on Maersk Line's Triple-E German shipping needs to find new friends Odfjell signs final agreement with equity fund HSH Nordbank: Commerzbank exit came as a shock Thomas Thune: Lloyd's Register is ready for battle Hansa Heavy Lift wants to double its business Shipowners: More foreign ships should be operated from Denmark Record number of container ships scrapped this year Maersk Line's Triple-E on display Jesper Praestensgaard leaves Hapag-Lloyd Greeks going after German ships from wrecked KG funds Torm CEO: We're on the right track German shipowners: New environmental requirements are completely unrealistic Triple-E faces first real test Shipcraft case triggers new scrutiny of rules d'Amico quarter results point to improvements in product tank Ocean freight puts Swiss logistics group back in black Ultrabulk continues significant fleet renewal Danish candidacy for IMO seat Aggressive Korean yards replacing ships with offshore Container exports down in March Teekay reduces deficit in 1st quarter MAN opens new branches in China Nordic Tankers: No profit before 2014 HSH Nordbank: Always money for the right projects Shipping bank points to the biggest trends in the future SeaIntel: Price war coming to an end Maersk Mc-Kinney Moeller accepted into maritime Hall of Fame Equity fund to Nordic Tankers: Be efficient and expand!Major investor: We specialize in nervousness Alphaliner: Maersk pays a high price to be first mover Small container vessels hit hard by German KG collapse Shipyards have gone from the abyss to a soft landing Eurotunnel struggling to maintain Channel ferries Maersk Line gets a discount on Triple-E Robert Uggla: Svitzer must deliver better results Hapag-Lloyd expects positive 2013 Carsten Mortensen maintains eco-ship investments Lloyd Fonds: Shipping must become more sophisticated Norway fears multi-million dollar scandal in the oil industry Singapore carrier will get 14 new ships in 2013 Moody's: Global shipping faces three challenges Threat to German shipping: Brain drain Dramatic IMO meeting postpones limits on NOx and ballast water MSC increases its revenue from Northern Europe Asia secures foothold in the Arctic Council Local markets shrinking for Germany's biggest broker Maersk CEO: Price war on Asia-Europe Shipcraft fights back against Shipowners' Association Rates down for the ninth week in a row APM Terminals pleased with its bottom line Major Chinese shipyard needs outside help DFDS: Ban Eurotunnel's ferries for 10 years ShippingWatch is closed this Monday, May 20th Here are the Triple-E's Danish subcontractors Thome Ship Management opens office in Copenhagen MAN Diesel & Turbo disappointed by new NOx deadline Price war forces shipowners to use more slow steaming Bulk rates look set to rebound Wilbur Ross: Shipping to rebound in 2014 DFDS made USD 31.2 million deficit in first quarter 2013 Read the new ShippingWatch magazine online Intertanko applauds IMO decision to postpone ballast water requirements Desmi wants the government to fight for ballast water Chairman: Niche businesses more important to Blue Water EKF: Where are the maritime businesses?Ports: Illusion to think dialogue leads to more competition New EU port initiative sidesteps sore spot Fearnley: Unusual number of bulk ships ordered Damco wants to double its global network Was Denmark taking a nap at the IMO's environmental meeting?Hafnia prepared to take over ships from the banks OW Bunker: The future bunker market is a patchwork Rates on Asia-Europe continue free fall Shipowners: EU port initiative is tame and unambitious Media: Lack of environmental requirements will put suppliers out of business Höegh LNG disappoints in 1st quarter Logistics companies' profits under pressure Media: Danish minister ready to fight black alliance in shipping J. Lauritzen: You can't perform magic in a poor market Researchers: Too easy to become an armed guard Lightship in major Chinese joint venture IMO moves ahead with CO2 monitoring scheme More fire sales ahead for Cosco APM Terminals sticks to ambitious investment plan Weak US demand could kill off rate rebound Shipping giant hit by tax evasion speculations Gothia: Joint venture increases our strength in Nordic tank CBS developing international BA in shipping Danish Maritime Authority: IMO decision hurts the entire industry Drewry: The truth shipowners don't want to hear Thome sees great opportunities in German shipping Maersk Tankers slims down for USD 1.7 billion Rohde Nielsen sees big growth in sales German yards and subcontractors strengthened through 2012 Falcon Maritime Group takes another hit in 2012 Ships under Swedish flags to disappear in a few years Maersk Tankers begins comprehensive retrofit programme Maersk headquarters surprised by Steen Reeslev resignation MSC secures USD 1.9 billion from port sale Norddeutsche Landesbank hit by shipping crisis What are DFDS's strategic ambitions for Scandlines?Erria acquires Maersk activities in Vietnam Shipping company Dannebrog Rederi back in black Danbor wants to grow in Africa and Brazil ShippingWatch at Nor-Shipping 2013 Drewry: Rate drop could trigger demand for new contract negotiations Clipper's Danish activities made USD 70 million deficit in 2012 Kim Fejfer: Global Ports investment will prove its worth Nordana goes from shortfall to surplus SeaIntel: Rate plunges shatter faith in contracts EU’s competition case against container lines now two years old Drewry: The three giants will win the Pacific container battle Alphaliner: No consolidation despite losses among container carriers Swedish carriers: We are perishing while politicians talk Analysts: Shipowners on thin ice due to rate increases APM Terminals expands Indian inland services Maersk: Governments should secure enforcement of SOx rule Hess Denmark’s surplus shrinks ICS: Environmental requirements will cost shipping USD 50 billion a year Fredriksen's Golden Ocean bulding cash reserve Unifeeder-founder made fortune on bonds Major Korean shipowner's crisis leads to more drama Viking Supply Ships: We want to lead the market in the Arctic and the North Sea Dry bulk market tricked by Greek acquisitions Eurotunnel barred from ferry operations out of Dover Wärtsila launches new version of eco-friendly engine IMO: Rules for Arctic sailing by 2016 DNV: Damaging to postpone NOx requirements Damco: We must be in Top 5 by 2014 Record season ahead for the Northern Sea Route Eurotunnel: Now it's between France and England COWI places death sentence on free competition in pilotage service DNV expects major merger completed by October 1st Drewry: Solid developments for DP World Korean shipping group headed toward bankruptcy DNV: Gas will be the new black J. Lauritzen could face new Korean beating Wrist Ship Supply sticks with aggressive growth plan Thorco Shipping turns deficit into profit Frontline prepares for new restructuring Drewry: Capacity floods Asia-South America Korea earmarks USD 3 billion for European shipowners Bimco: Capesize market almost can't get worse Platou Markets: Shipping market will finally recover Danish-led Arabian carrier challenges Maersk Line Clipper Projects merges with Thorco Shipping Danish Maritime Authority: Focus on CSR in developing nations Thorco: Now it's time to gather the new organization Competitors welcome Thorco merger Ex-Torm owner to file for bankruptcy following billion-dollar loss Nordic Bulk Carriers increases earnings Maersk: Investment funds could drive up prices on terminals Denmark’s maritime spearhead in Asia Dry bulk moving in the right direction ”Corruption poses a challenge to the global container industry”Ultranav is optimistic about gas and bulk in 2013 Intertanko: These are the tanker market’s troubles Viking Supply Ships: We needed a liquidity buffer Major DNV merger approved by South Korea and the U.S.Wärtsila borrows €150 million for research and development NGO exposes shipping companies' scrapping in Asia Maersk family names the first Triple-E mega ship Aker Solutions aims for 4,000 new employees this year Drewry: No rate increases for tank market anytime soon DNV secures approval from US Coast Guard Statoil predicts major increase in global energy demand Drewry: Fear of Russian dominance in container port market SeaIntel: Maersk Lines’ ships have the lowest time-at-port GRM: Good news from Iran does not equal near-term prospects for oil DSV launches bond sales of 1 billion DKK Maersk: We lose 1 mil. USD per ship by scrapping properly Svitzer struggling with low employee commitment Maersk Line launches new alliance with MSC and CMA CGM Maersk Line: The alliance will provide significant benefits NGO: Responsibility for scrapping should follow each ship South Korea planning Arctic routes New major alliance dilutes carrier profiles Norwegian oil investments break all records in 2013 Ten-year growth in wood chips trade expected to continue Torm terminates ADR program and delists in the U.S.Maersk: There is a limit to our responsibility for scrapping Damco: Major development ahead in Latin America Danish Shipowners’ Association lambasts Danish immigration law Maersk Line: P3 alliance will not affect Copenhagen employees Nordic Tankers names new CEO DFDS: Authorities need to act in regards to sulphur Container carriers under massive debt pressure Tommy Thomsen choses development over shipping Shipowners on visa proposal: Not good enough Maersk Asia: Takes large share of the world's biggest container market Customers return to Torm in Asia Mariners must land in the airport before 3pm Thorco CEO: It was time to move on from Maersk PwC: German shipowners will cooperate their way out of the crisis Greek shipowners threatened to comply with new taxation Wilbur Ross believes private equity in shipping could double Former Executive: Maersk could learn from Hapag-Lloyd DFDS withdraws from sales negotiations on Scandlines SeaIntel: Maersk alliance will carry significant advantages Scorpio wants eco-ships for dry bulk fleet Major challenges ahead for the P3 alliance ”Container carriers are close to being completely hard up”Cosco’s Captain to retire Alphaliner: New mega-alliance will stabilize container industry Drewry: P3 alliance monopolizing the two main routes EU scrapping agreement is ready APL scrapping president series at Alang Maersk Line: P3 Alliance's key Asian port still in play NGO fears outflagging in response to scrapping rules No opening regarding work in government's visa proposal Maersk Line calls for strong EU stance on scrapping Maersk Tankers sells Broström Singapore European shipping companies call for EU fleet in West Africa NGO exposes container giants as environmental offenders J. Lauritzen hit by new losses - lowers expectations for 2013 European shipowners will now have to scrap ships responsibly Why EU scrapping rules became a compromise Asian container customers: Drop opposition to environmental requirements EU: Time to put an end to pollution from shipping Competitive authority looking into DFDS' golden route SeaIntel: Rate hike will last through the summer Competition office wants to see DFDS' agreement with forwarders Scandal-ridden carrier made profit in 2012 Aker secures major North Sea contract Competitors will have to buy big to match P3 Drewry: P3 will have huge consequences for ports EU: Shipping will help drive growth China's shipping king retires Torm's former owner files for bankruptcy Pacific alliance will increase rates Maersk Line has lost ground to the competition USTC saw revenues decline in tough market "It's time for the EU to ratify the Hong Kong convention"Scorpio in massive LPG ship order Uni-Tankers given green light to further acquisitions Bunker Holding will grow 50 percent in five years Military coup will have no impact on shipping for now OW Bunker CEO doesn't believe in sale this year Drewry: General rate increases not a viable solution DFDS still interested in Scandlines Singapore company senior exec circles slimming down They said no to more responsible scrapping Drewry: Asia-Europe rates increasing Svitzer CFO switches to Torm Statoil kept oil spill a secret for two years EU to change debilitating tax rules for shipping SeaIntel: P3 alliance will result in significant cascading Drewry: Increased competition among ports in Northern Europe Korean carrier facing bankruptcy leads to reduced capacity Shipowners surprised by ambitious EU proposal Oil companies pulling employees out of Egypt DSV has more acquisitions on the drawing board Ports welcome Blue Belt Analyst firms examine cartel ban Maersk among the world’s most profitable companies U.S. private equity firms hunting for German acquisitions New executive director to raise Rambøll’s Norwegian ambitions Cosco Shipping locked in deficit spiral Scandlines: In the middle of the sale MAN: Shipowners want to turn up the gas DFDS acquires Swedish company Why four countries rejected EU proposal for responsible scrapping Esvagt entering wind market in earnest Piracy watchdog warns against the Gulf of Guinea Shipping affects HSH Nordbank's rating SeaIntel: Rate increase far from effective on all routes Obama's export initiative won't change container routes Kuehne + Nagel surpasses expectations Thorco wants to grow New bulb could bring massive fuel savings SeaIntel: Asia-South America rates plummet MAN wins Chinese LNG contract Evergas and Solvang in joint venture dispute Why Thorco made management changes Politicians want to fight piracy in West Africa Nordea's shipping loss decreases Euronav doubles deficit in first six months A2Sea: We sell ourselves on knowledge and experience Solvang: We disagree on the strategy Analyst: West Africa mission will be difficult Maersk Line CEO warns of new era in shipping Torm delists US equities John Fredriksen appoints new Seadrill CEO DFDS secures major deal with Volvo Alfa Laval sees decline in second quarter turnover How to become part of the next major Maersk project Torm axes dry bulk and dismisses Head of Bulk Maersk Line tops new productivity survey Oldendorff: Surge in newbuildings derail bulk rebound MAN shipping consultancy pays off in orders Health issues force Lars Juhl to resign from Intermarine Seago Line returns ships to struggling owner Alphaliner: Rate malaise spreads as overcapacity continues Environmental NGOs on EU CO2 initiative: Business as usual Greek police arrests renowned shipowner Massive personnel costs weigh down IMO budget Danish-South Korean maritime agreement comes into effect Maersk Line wants to increase Asia-US rates Statoil plans new giant British investment MAN Diesel & Turbo: Booming demand for retrofit Scorpio Bulkers buys new fleet Statoil disappoints in second quarter Swire considers establishing new business area MyFerryLink has 10 percent of the English Channel Spot rates on Asia-Europe jump Iran – a minefield for insurance companies APM Terminals close to securing 240 mil. USD deal in India China has shipping stimulus in the pipeline Oil company destroyed evidence of 2010 spill Drewry: Modest jump in earnings in Q3 Fredriksen raises 1.1 bil. USD for LNG newbuilds Greek shipowner jailed on corruption charges Danish Maritime Authority to grant MLC exemptions U.S. longshoremen earn three times average national wage Maersk Line’s new partner in massive capacity boost Hapag-Lloyd warns about New York and New Jersey DSV to make further acquisitions in ocean freight APM Terminals hosts Indian shipping minister Scorpio Tankers wants more capital for expansions Triple-E ships force ports to invest billions of dollars DP World saw less activity in the first half of the year Erria looks set to acquire new Chinese partner Japanese carriers made positive results last quarter European shipowners call for EU piracy effort in West Africa Hutchison Ports result down in 2nd quarter 2013 Emma Maersk sailing again Pacific Basin: We outperformed the bulk market by 32 percent Hearing to decide dispute on the English Channel Lobbyist group suspects Italian carrier of violating Iran sanctions Newspaper: Banks preparing to sell Torm Norwegian Rasmussengruppen owns 11,3 pct of Norden Lowest US oil import since 1996 puts massive pressure on VLCCs Container rates on Asia-Europe up 10.4 percent French container giant orders more ships Fearnley: New Maersk alliance could explain stable rate hike DFDS secures green light for key North Sea agreement DP World: Mega ships put pressure on ports around the world Hamburg Süd more reliable than Maersk in June Evergas buys Solvang's stake in the companies' joint venture DP World looking to get back on the Russian market Danske Bank shipping provisions: a big fat zero Klaus Nyborg behind purchase of German KG fund ships Svitzer expands agreement with Australian coast guard United Arab Chemical Carrier gets Danish CEO Struggling German owners hang on to product tank Maersk consortium to use the new London Gateway DHL sees decline in ocean freight in first half of the year Hapag-Lloyd back in black in 2nd quarter 2013 Carriers interested in Danish container software Major French carrier plans 2014 IPO These Asian ports are vying for P3's favor Iran gets new supertankers from China Shipyard: Half of China's yards will be gone in 3-5 years Danish Parliament in favor of piracy effort off West Africa Analysts revise prospects for tank market US container import in July highest in six years Bad quarter fades in financial reports for 1st half of 2013 Shipping drags down Commerzbank results again Sevan Drilling struggling against John Fredriksen takeover Danish shipping gets new minister Danish shipping gets new minister Foreign shipowners hit by new tax on ocean freight in China Carrier rumored to offer millions for Maersk VLCCs First photos of the Mærsk McKinney-Møller in Suez Two new I-Star ships on the way to Clipper's bulk fleet Reuters: Container rates on Asia-Europe decline again SeaIntel: Maersk Line outperforms the market on services "The dreams will be our compass"Consolidation to replace massive growth at Semco West Africa anti-piracy effort looks like a tough job Shipowners: Chinese grain demand leads to rate hike Norwegian Dof Subsea awarded billion dollar contract The race for mega ships is escalating Analysts divided on Maersk 2nd quarter results This is how the Emma Maersk bill will be settled Axis Offshore CEO: We have to keep growing Fierce competition in windmill transportation West Africa a greater threat to seafarers than Somalia Norden continues ambitious investment programme Saade: Daily Maersk will become part of P3 alliance Construction on Panama-competitor to begin in 2014 Maersk Line: P3 alliance deadline is ambitious Maersk Line: P3 will have one joint reliability Vale's profits took a dive in the 2nd quarter Torm makes USD 30 million deficit in 2nd quarter Platou expects USD 200 million Maersk Line deficit APM Terminals sells German terminal Boskalis expects record result for 2013 as a whole A peek at the meetings between Maersk, MSC, and CMA CGM Torm negotiating with new investors Massacre in Egypt could limit Suez services J. Lauritzen expects USD 310-340 million deficit for 2013 Maersk Line increases expectations for 2013 Maersk establishes new core business unit Tank ship orders headed toward five-year record Smedegaard outlines the new Maersk J. Lauritzen: We'll survive without new outside capital Chinese shipyards fighting to survive Ultrabulk performs well in difficult market SeaIntel: P3 alliance will be immensely strong Damco expects 4th quarter improvement Golden Stena Weco: We'll double our fleet The Lauritzen Foundation still has faith in J. Lauritzen "Shortage of offshore workers is a global problem"Clipper Group considers more eco newbuildings Ultrabulk: The strategy works - we're sticking to it Maersk Line closing weak routes Denmark ready for new North Sea bidding round Asian shipowners: Beach scrapping is necessary Rubicon CEO: I don't need the prestige Straits Tankers: 50 percent growth is not enough NGO disagrees strongly with Asian shipowners Hapag-Lloyd closer to IPO Torm beats its competitors on operating profits Report: Ship management in Denmark must be strengthened OW Bunker: The US market is changing rapidly DFDS wins battle of the North Sea Niels Smedegaard: Bloodbath on the English Channel Frontline 2012 and Stolt-Nielsen in massive gas collaboration Mega ships will be the biggest challenge for ports DVB: VLGC prices look promising Alfa Laval: DFDS scrubber decision important Codan has lost its special status at Maersk Danish Ship Finance sees profits decline Transatlantic to create new major Baltic ro-ro player Golden Ocean result improved significantly Odfjell surpassed expectations Shanghai granted free trade zone status APL: We're caught in a mega ship dilemma Tomas Dyrbye in sudden exit from Hansa Heavy SeaIntel expects improved results in 3rd quarter APL: Approval of P3 will be groundbreaking for industry Drewry: Hyandai Merchant Marine in dangerous debt crisis Chinese tanker giant a step closer to delisting Here are the world's richest shipping families Oil consumption broke all records in 2012 Fewer jobs weigh down Aker Solutions result Russia increases presence on Northern Sea Route Fearnley: Bright future for Odfjell's chemical ships Cosco Pacific saw profits decline Half of TCC's 75 lawsuits ended in settlements New terminal operators challenge the biggest Frontline lost USD 120 million in 2nd quarter Norwegian supply company indicted in tax case Swire Pacific's massive Danish ships push rate profits D'Amico in new major Chinese bulk ship order Arabian UASC wants to beat Maersk's mega ships Danish shipowners: Decline in currency earnings and tonnage in 2013 Per Gullestrup retires from Clipper Group Major investor Wilbur Ross about to enter dry bulk CMA CGM saved by terminal sale in 2nd quarter German bank: We're back in the profit zone UASC signs USD 2.5 bln deal with Hyundai Maersk secures new drilling contract for USD 137 million DSV acquires foreign Air & Sea company Pacific Basin pursues three new ships New sulfur rules make DFDS shut down route Jørn Hinge: New fleet will strengthen us globally Gullestrup: Shipping has bottomed out Global Ports acquires major Russian competitor Danish Ship Finance has reservations about equity funds Surplus of oil and coal could lead to new crisis Analyst: Exaggerated eco ship advantages Suez agent surprised by Cosco attack Triple-E gets high marks for economy Struggling shipowners rely on savings for modest profits Dane to head global bunker association New bunker chairman: 2015 sulphur rules are a ticking bomb Mega ship prices far below 2010 levels China Cosco's divestments so far APM Terminals: We're leaders in the field Nordea opens up for new shipping customers Frontline 2012 helped by cancelled newbuildings Drewry: More container ships arrive late Maersk executive to head major alliance Three bank managers control shipping loans for USD 42.8 billion Maersk through with the hard part of social media Maersk to sell major stake in DFDS Watch the attack on Cosco Asia in Suez DNV sees strong growth in revenues P3 CEO: These are the challenges for the alliance Smedegaard: DFDS needed a higher gearing Frederiksen guarantees USD 200 million in Frontline The Maersk Group divests assets for USD 1.76 billion New investments in Norwegian offshore for USD 69.5 billion Russians dumping bunker prices Why DNB and Nordea believe in Scorpio Capesize continues to boost the bulk market Drewry: Shipowners' hopes for rate hike dwindling HSH Nordbank: Shipping will strain us till 2015 Hemmingsen: Maersk Drilling to order new rigs Intelligence agencies point to rigs as targets for terrorism Dane named as new head of shipping NGO Equity funds behind Navig8s new product tank fleet Drewry: United Arab challenges the major players Alphaliner: New mega ship orders trigger chronic overcapacity Bimco: Product tank orders up 40 percent in 2013 Exxon: Natural gas will surpass coal by 2040 Hempel: New antifouling can save up to 8 percent on fuel Bimco: Fear of terror at Suez is exaggerated Axis Offshore orders its second semi-sub flotel Major DNV and Germanisher merger receives final approval Tomas Dyrbye aims for board positions after Hansa exit A2Sea: Far too many offshore installation vessels Finland provides state subsidies for scrubber investments Oil companies ready with USD 177 million for research center Norden stands to benefit from capesize rates Equity fund 3i wants to acquire Allianz' stake in Scandlines Frontline proposes VLCC scrapping fund Strong critique of Danish efforts in Greenland Risk Intelligence: Al-Shabab no longer a threat to shipping Windmill carrier: The industry needs to specialize Gigantic growth in the number of LNG ships Stena Bulk in Korean collaboration on Arctic sailing Scrapping fund could put VLCC rates back at 2008 level Cosco secures offshore contracts for USD 366 million Martin Stopford: Still risk of another crisis Smedegaard: Release EU capital for shortsea shipping IMO hesitation forces Desmi to change sales strategy Rates plummet at dramatic speeds DFDS to save huge in Gothenburg New head of Dynamic Oil in Dubai Damen to build ships in the Ukraine STX shuts down large Finnish yard with 750 employees Baltic Sea terminal secures USD 675 million for expansions 18 carriers have ordered new ships for USD 34 billion EU court rules in favor of Iran's largest carrier VLCCs look set to benefit from LNG fuel New IBIA chairman: Way too much poor bunker Drewry: Carriers' bunker surcharges too big Nordea: DFDS profits gearing up Insatech: Carriers pay high price for bunker fraud Oil companies to pay more in the North Sea Cargill: Dry bulk set to leave dark years behind Swiss Re: Shipowners and brokers are laughing at us Danish bunker company struggling with oil fraud Chinese refinery buys North Sea oil Maersk Line: China disappointed this year 57 Chinese yards delivering no ships 30 employees run the world's largest tanker company US Court rules against Lauritzen in USD 20 million petition EU negotiator: LNG draft shouldn't be watered down Shippers worry about new mega ships and alliances Unifeeder acquires United Feeder Services Salvaging industry getting ready for mega ships Nordic Bulk Carriers takes the next step in the Arctic Scorpio Tankers shops more MR tankers Arabian carrier Bahri enters dry bulk market Platou: Libyan oil production could aid tank market Nordic Bulk Carriers save USD 80,000 on Arctic route J. Lauritzen: Top priority is keeping the market's trust Biggest boom in dry bulk since 2010 Stig Hoffmeyer takes on new senior position at Maersk Hapag-Lloyd raises 250 million euros Drewry: BRIC nations still forging ahead Stopford: Shipping is in the midst of a revolution Maersk: Giant product tank order book Maersk alliance leads port giant to divest Hapag-Lloyd hires Maersk's CEO of Damco Unifeeder enters global Top 30 Shipowners challenge new accounting standards Norden: Bunker fraud easily amounts to 3-4 percent Shipowners call for analyses of environmental regulations Maersk Drilling orders jack-up for USD 650 million Platou predicts improved results for Maersk Line Singapore looking to eliminate bunker fraud Erria in surprising exit from Uni-Tankers board Credit rating to improve Maersk's lending conditions Smaller bulk ships starting to feel the booming rates Thoresen Thai CEO and CFO step down Norden secures USD 109 million for eco ships Nils Smedegaard: We are in a strong position P3 will bring crucial savings Moore Stephens: Increasing confidence in shipping Norden plans to grow via Indonesian coal venture Newspaper: Goldman Sachs looking to co-own Dong KG funds are the only ones certain to lose on Triple-E Chinese container carrier shuts down all routes Torben Østergaard: New leadership necessary in struggling company Bimco: Regulations will choke many shipowners Investor hangs on to Hapag-Lloyd share Media: Sale of Maersk's VLCC fleet enters final phase Evergreen gets top marks for excellent timing Bunker fraud leads to mandatory controls Lack of P3 plan brings overcapacity to the market 16 nations come together in new Blue MBA class Container rates will stay low through rest of 2013 Stena Line wants to save USD 157 million a year Seaspan picks up an additional five container ships Maersk Line returns steady flow of ships to owners Kuehne+Nagel begins elimination race Yet another executive leaves Maersk company How Maersk Line secures its fuel Det Norske Veritas sells DNVPS to investment fund Svitzer set to benefit from fear of oil spills Fearnleys: Chemical tank faces two year rate increase Wärtsilä presents next generation of thrusters Knud E Hansen challenges the reefer container Stolt Tankers in black for the first time in 4 years Oaktree Capital: Growing interest in shipping Maersk Container Industry: The slump is over Korean banks secure new ships for CSAV EU Commission approves tonnage tax scheme Oldendorff establishes new shipping bank in Oslo Russia blocks NECA application Norden: Significantly lower bunker quality in last 10 years Svitzer loses Rena salvage court case Maersk CEO new chairman of environmental organization Drewry: Global ports acquisition creates major Baltic player Kjærulff's network behind new shipping bank SeaIntel: US container market leaves crisis behind Maersk CEO: Arctic container shipping a long-term proposition Scorpio Bulkers reaches for the New York Stock Exchange Container carriers avoid competing on CO2 emissions Major Polish yard secures giant RAL order Textainer wants to continue to increase its market share.Alphaliner: Maersk Line losing market shares Scorpio Bulkers buys 15 ships for USD 455 million Giant American growth for Wrist Ship Supply Bigger focus on Sweden in Dachser strategy P3 has more than 27 percent share of US container market DONG loses million dollar dispute to Maersk Tankers Inc said to be interested in JL tanker fleet Former Lauritzen reefer head back in the game Dan-Bunkering reaches settlement with supplier Low fuel price saves container carriers in 2013 Maersk Line rethinks entire fleet network Carriers pull out of conflict-torn Syria Oaktree and Navig8 establish new chemical tank carrier Blue Water Shipping acquires Swedish company Svitzer rival wins Concordia wreck contract Bankrupt tank carrier plans to sue attorneys 19 tankers attacked off the coast of West Africa Greek commercial fleet unaffected by crisis Why the EU will scrutinize new Maersk alliance HSH Nordbank could be forced to scrap 40 ships Shippers: Poor service and long transit times Hyundai to build LNG ships for USD 850 million Deutsche Bank: Eco-designs will cut ship values in half Former Head of Bimco: Let shipowners dictate the rates Major logistic companies turn profits while carriers lose money Junk Bond status could hurt J. Lauritzen P&O: The English Channel is back at 2010 levels Lauritzen: Focus on Handysize in the years to come Platou: Shipping rebound right around the corner Norway's new government is not done with Lofoten More and bigger container ships without contracts Kuehne+Nagel increases profits in spite of low growth Oil giant wants Russian bunker monopoly Somali pirate kingpin arrested by Belgian police Cultural change will boost Lauritzen Bulkers Container giant in failed attempt at raising new capital Kuehne+Nagel blames declining rates on Triple-E Danica White hijacker among arrested pirates Lauritzen Bulkers president draws on Asian virtues Euronav still struggling in stuffed tank market German state-owned bank behind new RAL ships Dubai carrier doubles its Atlantic fleet Maersk Line's US chief steps down New trade patterns to boost VLCCs Gullestrup to testify against pirate negotiator Alphaliner: P3 could trigger price wars Former Torm employees raise multimillions for new shipping company Analyst casts doubt over Arctic routes US regulations to kick-start Svitzer strategy Stolt-company raises USD 100m for gas tankers The complete team behind the new Hafnia Tankers Hafnia Tankers in the tanker-big leagues Pacific Basin expects strong handysize market SeanIntel: P3 alliance will leave competition in its wake Massive fire puts pressure on sugar trade Orders for newbuilds are up by 86 pct J. Lauritzen’s tankers valued at USD 300m IMO: Northern Sea Route the most important arctic route Faster cranes to save port operator J. Lauritzen makes USD 125 million on Hafnia deal Maersk Line secures own key port in P3 alliance Desmi ballast water system approved for freshwater Western Bulk raised "only" USD 126.1 million in Oslo Significant investor interest in Hafnia Tankers J. Lauritzen: Fair deal with Hafnia Tankers The US slams the brakes on Maersk alliance New EU scrapping regulation approved Equity fund behind new ambitious LPG carrier Nordea: Shipping moving in the right direction Maersk Line downplays US concerns about P3 alliance Statoil gets million dollar fine for North Sea spill Fearnley: Maersk Tankers orders 10 product tankers Funds raise millions in Oslo for eco ships Hafnia Tankers Chairman: A declaration of trust Shipping serves as leverage for Wärtsilä Major Norwegian bank points to improvements in shipping Dan-Bunkering: New broker venture could go global Attorney: Container giants challenge strict EU regulation Eitzen Chemical CEO steps down D'Amico boosts its eco-design tank fleet again This is how much shipowners earn on product tank EU countries to change Iranian carrier verdict BW Group plans to raise USD 300 million in Norway Tank carriers preparing for shale oil boom EU accepts US invitation to discuss P3 at summit Maersk Line CEO in play to head US port Viking Supply Ships lands million-dollar contract Greek shipowners send the most ships to Pakistan Scorpio turns a profit and enters VLGC deal with Dorian DSV made USD 90.2 million in 3rd quarter 2013 Maersk Group names new CEO of Tankers Maersk CEO might cause doubts about P3 neutrality DP world is getting busier Hanne B. Sørensen: Growth in Damco is 1st priority Significant growth for Qatar's shipping and oil company Braemar: The VLCC spot market is broken Classic Maersk exec to head new business unit New Norwegian bank believes in product tank New giant ships for the P3 alliance?P3 CEO denies disqualifying ties DSV: We can push the price by USD 100 per teu Giant budget violations on the Norwegian shelf Mitsui’s austerity measures seem to have an impact Moment of truth approaches for Chinese giant Fayard: Fierce price war among shipyards Carriers hold their breath before 2014 contracts Vale finally lands big Chinese contract Danish ballast water company expects explosive growth Maersk Tankers in major newbuildings order Maersk Line CEO handed top post in Virginia Port Norwegian ships end up on Asian shores Scorpio Bulkers bags USD 300m from Oslo SeaIntel: No reason to rejoice over rates Maersk: Speculative boom in product tank Dubai port disburser in strong growth USD 360 million paid in ransom to pirates Norwegian Shipowners: We need to follow the Hong Kong convention P3 beats rivals on reliability as well J. Lauritzen pleased with OSG settlement The Barents Sea new hot-spot for the oil industry Torm makes USD 40 million pre-tax deficit 3i invests 165 million euros in Scandlines Alphaliner: Keep an eye on Evergreen in 2014 Drewry: P3 forces rivals to increase fuel consumption DSV on P3: "We prefer free competition"Torm's long path toward a profit Here is the P3 collaborative agreement New CEO for Finnlines after poor results Kirk Kapital to find new consultant for tanker fleet Platou: VLCC rates increase explosively ShippingWatch magazine Hafnia: Oil companies ditch ships older than 15 years The P3 alliance: Here is an overview Carriers way short of lucrative reefer rates Moore Stephens: Ship costs will increase by 3 percent New panel of maritime economists on ShippingWatch IUMI: Anarchy reigns in ship insurance Jens Grønning new CEO of Eitzen Chemical Commerzbanks's shipping retreat in full swing EU fleet issues new piracy warning in Somalia FMC chairman: P3-alliance is something very unique Cosco exec arrested on corruption charges Container exports up 6 percent in September This is Statoil´s exploration plan for 2014 Jens Grønning: Eitzen is close to my heart Clarkson: Far more new ships than in 2012 Torm ship fends off pirate attack Thorco Shipping expands fleet in tough market Damco in exclusive agreement with the Danish Defense SeaIntel: Explosive container growth in 2014 Ocean7 Projects enters heavy lift in niche segment CFOO from Cyprus checks in at CBS Drewry: Panama delay boosts Suez Hapag-Lloyd stays in black Money gushing out of Cosco container carrier Six eco ships for new Dubai player in product tank Equity funds bring new conditions to ship management Hanjin confirms potential port divestment SeaIntel: P3 just the first step toward consolidation Maersk Line makes USD 554 million in 3Q Norden invests in five new eco-design ships Eitzen Chemical reduces deficit in 3rd quarter Nils Smedegaard on how to convince USA about P3 Danish yard candidate for Costa Concordia scrapping Head of IMO: Agreement on ballast water in November Svitzer fined to pay USD 2.7 million in damages EMS Seven Seas CEO resigns Equity fund 3i: Why we believe in Scandlines Analysts praise Maersk results European banks axe shipping loans J. Lauritzen sells 16 percent of Axis to HitecVision DFDS' humble officer Low taxes could make the oil flow Maersk Line names new CEO in the US Chinese container carrier declared bankrupt UASC secures loan for mega ships Boskalis expects record-high result for 2013 Platou: Strong Navios VLCC purchase Denmark to host new global maritime summit SeaIntel: 115 canceled container transports in 2013 Consumers pay the price for US protectionism Dong invests USD 2.9 billion in new offshore wind farms VLCC owners expect further rate hikes Wärtsilä secures key US approval Maersk Supply Service increases profits significantly ABB wins contracts for USD 23 million A2Sea benefits from wind order influx Alphaliner: South Korea's major shipowners in deep crisis Scorpio Bulkers targets large bulk ships Statoil accepts million dollar fine ABB names new group CEO Wärtsilä exits grueling restructuring period More efficient Triple-E's in the pipeline Offshore carrier secures huge growth in Caspian Sea 3i's Scandlines acquisition approved by the EU DFDS increased profits in tough market APM Terminals considers entering multi-port services Maersk Asia sees "sound" 2013 continuing next year Frontline 2012 divests eight new VLCC's Costa Concordia accident hits Baltic Sea ports Univan: Success in ship management takes hard choices Carbon War Room believes in CSR as business model Scandlines doubts Fehmarn connection by 2021 Carriers's reliability dives back down Spain appeals controversial oil disaster acquittal Lauritzen Foundation could secure bigger returns CBS and Singapore launch new bachelor in shipping Maersk considers LNG as new fuel Scandlines picks up millions in EU subsidies This is your shipping calendar for November 2013 This is your shipping calendar for December 2013 This is your shipping calendar for January 2014 This is your shipping calendar for February 2014 This is your shipping calendar for March 2014 This is your shipping calendar for April 2014 This is your shipping calendar for May 2014 This is your shipping calendar for June 2014 This is your shipping calendar for July 2014 This is your shipping calendar for August 2014 This is your shipping calendar for September 2014 This is your shipping calendar for October 2014 This is your shipping calendar for November 2014 This is your shipping calendar for December 2014 Clarkson: Five nations behind half of the new ships Wilbur Ross' Navigator off to flying start 8.5 billion dollar market for ballast water systems Spot rates on Asia-Europe dive again Arabian shipowners attract European shipping people The shipping industry's dark conscience EU launches competition proceedings against container lines Western Bulk sees profits decline SeaIntel: EU faces difficult case against container carriers Nordic Shipholding saved on the finish line P3 partners conquer large market shares Explosion shuts down Chinese oil terminal P3 partner in significant decline Platou: Iranian nuclear accord could boost VLCC rates Fredriksen's Seadrill hit by new rigs Customers pay the bill for tighter sulphur regulations Alphaliner: EU case challenges carriers rate practice Golden Ocean in positive surprise Navios Holdings in 3rd quarter decline Topaz lands BP deal for USD 100 million Chinese oil terminal reopens after explosion Maersk Line ready for aggressive change of course Asian shippers join the chorus of P3 opponents This is Maersk's next wave of retrofits US port workers reject the P3 alliance Chilean CSAV makes deficit Hanjin negotiating with Turkish investor Several hundred KG funds are insolvent Surprising P3-support from Chinese shipowners Frontline finishes yet another red quarter Norway launches large-scale collaboration with Brazil Struggling Thoresen Thai made USD 158 million deficit EU: New competition case will not affect P3 process Somali negotiator acquitted in Clipper piracy charges New Norwegian offshore venture settled in NGO: New financing could kick-start retrofit The Battle for the Channel will be settled next week Scandlines begins search for new ferry yard Pacific Basin in new seven ship order This is the rule 14 carriers are suspected of violating Frontline 2012 to seek 2014 New York listing Bigger alliances could bring large environmental benefits Torm MR sale to Oaktree affects full year expectations Global Shippers Forum warns US about P3 Billion dollar investment in Syd Arne leads to new oil Hanjin brings in new CEO from airline Danish marine technology for cruise ships Majority emerges for ballast water resolution Russia launches price fixing case against carriers Drewry: The EU has a weak case Offshore wind energy faces steady growth ahead of 2020 Japanese carriers to order LNG ships for USD 17.6 billion ICS wants to split IMO CO2 negotiations in two EU launches maritime toolbox forum Maersk Line confirms Russian competition proceedings Clipper to deploy three of four vessels in bulk Maersk Line increases distance to competitors Summit on P3 alliance set for December 17th Torm could lose another 13 ships Russia and EU join forces against shipping cartels Competitors respond to P3 alliance Japan allows automatic weapons against pirates Former Maersk exec to head Russian bunker company Scorpio in new giant VLCC order Court releases Greek shipowner Navig8 and Oaktree order new chemical tankers Eurotunnel wins appeal battle on the Channel Supertankers reach new heights Niels Smedegaard: We'll win the next round IMO approves ballast water resolution Clipper's dual management on how to be two CEOs Hapag-Lloyd talking merger with Chilean CSAV P3 worked with a Plan B for its launch Indian navy chief warns against armed guards Nordea: Worst possible outcome of Channel case for DFDS Reefer market as joker in container merger Storm shuts down Maersk Oil's gas production No EU naval force to be sent to West Africa US postpones launch of new Maersk P3-alliance Equity fund wants to expand Nordic Tankers fleet Scorpio Bulkers orders even more newbuildings New market emerging for security companies OMT acquires Grontmij Marine Consulting Shipowners: The EU leaves us hanging in West Africa ABB secures orders for USD 180 million from cruise market EU lends unambiguous support to P3 SeaIntel: G6 in tough response to the P3 alliance in the US Poten & Partners warns against VLCC hype New Statoil discovery in the Barents Sea Intermarine sees opportunities in challenging market OW Bunker: No problem delivering gas oil J. Lauritzen wants to repurchase bonds Analysis: Container merger looks dead in the water ICC: WTO agreement lowers the price on ocean freight EU countries disagree on the Commission's CO2 initiative Shippers and ports warn strongly against P3 OMT: Grontmij provides access to Chinese customers Shipowners: Vetting is getting out of control Here are the comments on the P3 alliance Former Lauritzen exec joins top ranks of German carrier MAN supplies engines for new methanol fleet Tanker: Record year for Suezmax spot rates DNB expects significantly lower oil price in 2014 Stena Bulk: No investments in 2014 19 Norwegian rig companies sued by their employees Skuld's bottom line back on track in 3rd quarter Strong activity in new dry bulk orders Rates boosted for large product tankers Investments prominent in Norden's new 3-year plan EU 2014, a major challenge to maritime stake-holders Danish shipowners criticize China's scrapping subsidies Intermarine: Further consolidation needed in multipurpose Bimco: Product tank rally pushes deliveries to 2016 Shipping giants introduce electronic contracts BP Shipping orders 14 product tankers from Mipo Global grain production has peaked Tsakos and Statoil in giant newbuilding deal Wilbur Ross carrier expands ownership and product fleet Why shippers are worried about P3 Johan Sverdrup expansion announced next week NGO: Bangladesh ignores scrapping rules This week's top stories on ShippingWatch Alliances could revolutionize an entire industry Analysts: P3 will dictate the Maersk share in 2014 Wärtsilä secures key IMO approval Arabian terminal operator will grow significantly DVB expects LNG boost from 2015 Oaktree acquires 14 chemical tankers from Commerzbank Euronav sets sight on the New York Stock Exchange Two shipping execs sentenced to death in Vietnam Clipper: We invited Thorco to the merger talks Ships of less than 5,000 dwt could avoid CO2 monitoring Alphaliner: 2013 sets scrapping record Lingering doubts about Libyan oil terminals Global Shippers Forum calls for increased transparency New visa rules could double Danish broker business 32,000 containers for sale at Evergreen Maersk Line: P3 has no plans to sail faster P3 summit ended without conclusions Historical change to Maersk ownership structure Stakeholders in container merger ownership dispute Maersk Line: P3 to be launched last part of 2Q 2014 Gazprom developing LNG bunker plant in the Baltic Sea Chinese scrapping facility secures Hong Kong classification This is how much Norwegian offshore workers make Activity boom pushes Oldendorff fleet to new record DVB: Slow improvement for Panamax Offshore newbuildings cut in half This is the P3 alliance's best argument Did Russian guards on "Nordic Fighter" kill a fisherman?Danske Bank: VLGC on the cusp of new era HSH Nordbank sells ten ships to Navios Drewry: Two container carriers stand out Greece: Shipping is pillar of EU Presidency DP World: Alliances hold opportunities Equity funds could make big money on shipping The giant Sverdrup field is delayed Nordic Shipholding completes restructuring IMO Secretary General: High time for ballast water convention This week's top stories on ShippingWatch This is what went wrong on Emma Maersk Port of Esbjerg sees favorable market until 2020 Russian oil giant acquires Heidmar Group Washington summit could become annual event Drewry: Much to gain from German-Chilean merger Korean Hyundai plans to divest assets worth billions Three consortia granted licenses for the Greenland Sea Ship values and shipping shares forged ahead in 2013 APM Terminals signs new contract in West Africa Billion dollar sale to save Hanjin Shipping Hapag-Lloyd in new appeal to Hamburg Süd Maersk Line also announces rate increase for January Thoresen Thai names new CEO Rolls-Royce: Unmanned ships moving closer Alphaliner: Big overcapacity of ships for at least two more years Norden: Growth is on the way Japanese carriers fined in the US Odfjell's new super rig sank to the bottom Two men arrested following fire on DFDS ferry Seafaring engineers earn the same as senior doctors on land Hafnia Tankers orders four Handysize from Hyundai Bigger pilot boats require more skilled crews "The best shipping homework is done on the plane"Chinese shipowner buys 20 tankers ShippingWatch wishes all our readers a happy New Year Global Ports acquisition of Russian NCC approved MSC behind biggest fleet expansion in 2013 Svitzer in Australian deal worth USD 580 million Euronav mentioned in relation to sale of Maersk VLCC's K Line orders 8 RoRo vessels Cosco orders new ships for the first time in five years A majority of carriers choose marine oil ahead of 2015 Statoil behind new oil and gas discovery in the North Sea Hafnia Tankers' market value soars Bjarne Faber replaces Ultrabulk with Oldendorff Hackers controlled the Antwerp container port for years The Panama Canal hit by USD 1.6 billion dispute Americans secure place on Maersk drilling rig Shell boosts its LNG business DP World looks at investments in new regions Copenhagen will be launch pad for fund's fleet growth Maersk starts work on the Johan Sverdrup field Euronav buys VLCC fleet from Maersk Tankers New crucial day for DFDS in the English Channel Fewer violent assaults on ships in 2013 "Container industry moving towards alliance model"Maersk Tankers sale creates new VLCC behemoth New Swiss tax challenges trading houses Scorpio orders 22 dry bulk vessels for USD 1.2 billion SeaIntel: Container industry can expect more cyber-attacks Nordic Bulk breaks the ice on fixed Canadian route Braemar: Banks slow down VLCC scrapping Maersk sells Dansk Supermarked for USD 3 billion Engelstoft: Divestment a major step in new strategy Platou: Maersk share could be this year's top pick Euronav sells shares to finance supertankers DFDS: No new appeal in Channel case The dream of a Nicaragua Canal starting to crack Smedegaard: Divestment to strengthen core businesses Scandlines targets discarded ferries Orskov Yards still going strong Analyst: More Maersk companies could be in play OW Bunker in USD 700 million credit agreement Scorpio raises further capital to finance giant fleet Port of Singapore sets new container record Analysis predicts explosive growth in offshore wind GRM: Shale boom will not lead to cheaper oil in 2014 Maersk Line revives SeaLand in intra-America trade Maersk skyrockets following divestment Oslo-based tanker carrier orders third VLCC Canal dispute will be settled in April A2Sea wins big contract in Germany Danish yards: Denmark back as shipbuilding nation Norwegian Wilhelmsen suspected of price fixing Rolls-Royce wanted to buy Wärtsilä Thome Ship Management eyes 15 percent growth in 2014 More than 20 bulk vessels detained in Indonesia Frontline: Tankers will become lucrative in 2014 Carriers risk USD 210 million in fines for price fixing Wärtsilä: LNG will dominate container in 10 years Fuel in SECA zone will be 50 percent more expensive Svitzer invests USD 80 million in new ships This week's top picks on ShippingWatch Media: CSAV will be a major stakeholder in Hapag-Lloyd Southeast Asia still scrapping the most ships SeaIntel: Carriers will cancel more sailings Oil Chairman facing punishment for explosion P3 just one of more options for CMA CGM Evergreen boosts its 14,000 teu fleet through charter Fearnley predicts more golden days for VLCC Maersk calls for increased fuel control Maersk has lost 26 companies Drewry: Shippers' options drastically reduced Mikael Skov joins the Clipper Board of Directors Media: Statoil about to cut 500 jobs in Norway SeaIntel: The P3 alliance resembles a shotgun wedding Damen opens new shipyard in Dubai Euronav raises first USD 50 million for Maersk acquisition Seven carriers behind new intra-Asian network This is Craig Mygatt's plan for the new SeaLand Stena Bulk returns to promising LNG market Suez ship traffic not affected by unrest in Egypt High profile DVB exec turns to ship management Navy to ensure Indonesian export ban BP dominates Singapore bunker trade Epic Gas rapidly expanding An overview of the new SeaLand Americans concerned about G6 independence J. Lauritzen sells three shuttle tankers Semco co-establishes new rig facility in Scotland Univan: We will manage 130 ships by 2015 Norwegian oil grows - after 13 year decline J. Lauritzen orders four bulk carriers in China and Japan Hong Kong challenges Shanghai Libyan rebels negotiating with oil buyers Qatar deal opens big gas market for MAN Diesel UASC plans to establish own LNG stations Creditors take control of sinking Zim Hong Kong preparing new sulphur regulations Price arrangements cost K Line USD 54 million Cosco to scrap 41 ships This week's top stories on ShippingWatch Fearnley predicts Golden Ocean acquisition Costa Concordia raises insurance price in 2014 New G6 alliance agreement will only apply till 2016 Consortium agrees to not halt work on Panama Canal Border guard triggered false ship hijacking alarm Work begins on the world's biggest container ship P3 starts out with 130 ships, compared to G6's 180 Torm negotiating with new owner BP predicts significant change in global oil trade Another bunker company pulls out of Singapore Oldendorff opts for gas oil ahead of 2015 Torm Chairman: Sale process still in very early stage CT Offshore under A2See management German-Chilean container merger nearing reality Shippers: EU should stop special treatment of carriers OW Bunker in US alliance Cosco had a 2013 operating loss of more than USD 1.1 billion Maersk Oil awarded new licenses in Norway ”Lloyd’s Register still has some way to go”Euronav reduces deficit Carriers forced to keep costs under control Maritime industry warns against EU port proposal Smedegaard downplays growth in container industry Monjasa preparing large growth in Asia Sulphur regulations cost Hapag-Lloyd up to USD 270 million More traffic on the English Channel Lloyd’s Register doubles up on newbuildings Hapag-Lloyd and CSAV agree on merger IMO closing in on Polar Code MCI: Reefer will grow 4-5 percent in 2014 Maersk and Hamburg Süd challenged in South America Risk Intelligence: Nigeria covering up pirate attacks Statoil preparing new giant cuts Steel production reaches eight-year high Alfa Laval believes in eco market in spite of slow IMO process Maersk still trying to sell unemployed drilling ships Zim restructuring outplays Idan Ofer influence American investors pull out of the North Sea Economists: Oil brings revolution to the tanker market Construction boom in product tank will push rates down in 2015 CSAV share plummets following Hapag-Lloyd deal This week's top stories on ShippingWatch NGO's: Shipping ignores Arctic risks Aker Solutions accused of insider trading Wood trade to surpass USD 50 billion in 2013 Nordea: Tank and bulk face two-year upturn Russia wants to double oil and gas exports to Asia Global Ports sees more investment opportunities SeaIntel: Major rate differences on intra-Asia Lloyd's Register: Yards building ships like in 2010 Large container merger paved with problems MCI wants to capture airlines' flower transports Excel Maritime restructuring approved Suppliers feel the consequences of declining oil activity Maersk Broker CEO in sudden exit Risk of accidents moving the wrong way for Maersk Oil Norwegian company creates maritime weather gigant Former Virgin Atlantic CEO to head Scandlines Nordea made 195 million euros profit on shipping Wärtsilä axes 1,000 jobs This is Maersk Broker's new CEO Port of Gothenburg sees decline in containers and oil Maersk Broker names new CEO in Singapore Maritime & Merchant Bank to launch on April 1st Singapore adopts mandatory bunker control More large oil spills from ships in 2013 Insatech: Control could weaken Singapore bunker market P3 now being scrutinized by China Lundin CEO: First stage of Sverdrup will cost USD 19.3 billion SeaIntel: Significant decline in carriers' reliability Hong Kong carrier facing giant deficit DP World: We'll reach 100 million teu before 2020 New competencies can be a way out of the crisis 24 pirates sentenced to long prison terms in Kenya Dan-Bunkering: Mandatory control just the first step Dong ready for massive investments German shipping banks fear EU health check Japanese carrier boosted by tank and Capesize Oil giant pretty much spot on Trade agreement could open for EU carriers in Canada DP World wants more fully automatic terminals DFDS buys and sells assets to French Stef SA This week's top stories on ShippingWatch UASC orders additional six 14.000 teu vessels P3 partner finishes last on reliability Chinese shipyards benefit from offshore Maersk Line preparing sulphur surcharge from 2015 The US presents plan for Arctic shipping Norwegian shipping bank to raise USD 350 million Zepol: MSC grew in the US in 2013, while Maersk Line lost Record profits at Norwegian offshore carrier Fredriksen dominates the Oslo Stock Exchange NGO: Greeks and Germans top list of beach scrapping Epic Gas to strengthen gas fleet with Oslo funds Russian bunker company has more opportunities in the pipeline Hamburg Süd company in major Brazilian buildup Smit Salvage secures orders for USD 70 million in one month Statoil axes 100 top-level jobs Platou: Significant faith in VLGC market Epic Gas wants to grow in the West Drewry: Asia-Northern Europe hit by false hopes Eitzen Chemical replaces banks with equity funds Wilbur Ross ready to stock-list product carrier Odense Maritime makes deal with Mitsubishi Three shipping banks ensure Ardmore USD 172 million Global Risk: Ups and downs in Libyan oil production Euronav to acquire ships from struggling OSG Connie Hedegaard fighting for her CO2 proposal DVS running steady but still holding its breath Norwegian shipping bank hires former DVB head Panama Canal negotiations collapse APM Terminals preparing Algeciras for Triple-E Mitsubishi will boost OMT's license business Danske Bank ready for new shipping investments European growth could send DSV soaring MAN: It will take years to adapt the market to gas Panama delay could have positive effect on VLGC New RoRo orders can be counted on one hand Exmar wins Statoil contract of up to ten years Indebted Zim cancels orders for four container ships CT Offshore's fleet fully booked for 2014 Copenship's revenue is growing Statoil cuts USD 5 billion from future investments Last week's top stories on ShippingWatch Maersk Tankers orders two new MR vessels Shipowners fear time is running out on MRV agreement Rambøll Oil & Gas eyes Russian breakthrough Golden Ocean rearms again with three ships from 2012 Dagfinn Lunde: Historically good timing for new shipping bank Norwegian floatel provider secures record order volume Unifeeder boosts capacity in the Baltic Sea Topaz lands West African contract Maersk Line returns 14 ships to KG fund Container carriers hit hard by Panama dispute HSH Nordbank eyes continuing weak shipping climate Platou: 2014 will be the year of crude tankers Container ship cleaning cost more than USD 18 million Nordic American Tankers lost more than expected Prices on Panamax container ships plummet Two dry drillings in the Johan Sverdrup field HSH Nordbank preparing to sell shipping loans Media: P3 alliance headed for US approval Nord: Danish scrapping could have significant brand value China's Valemax battle continues Maersk Drilling lands new contract ICS: Hold off on ballast water ratification!Large-scale Stena Line cost reduction hits jobs Maersk admits going too far in US lobby effort Concept selection ready for Johan Sverdrup Lars Jensen: Far too easy for cyber-criminals DFDS to stop operating on Channel route Hong Kong ready with sulphur regulations by summer CMA CGM strengthens efforts in Africa Bimco: Virtually all indicators point in the right direction Panama Canal needs USD 400 million cash injection Aker bottom line strengthened by Sverdrup order Commerzbank achieves shipping reduction three years early Bimco: Slow steaming will keep tanker rates healthy Greek shipowners in 2013 newbuilding boom P3 alliance divides US interests Wilh. Wilhelmsen benefits from more cars on the roads Thome to manage Nordic Shipholding's ships Ardmore doubles operating result This week's top stories on ShippingWatch OW Bunker delivers 20 percent growth in 2013 Norway tightens security for ships off West Africa Thoresen achieved record profit Norwegian supplier wins order for 28 scrubbers Solid growth in Norwegian coating company Jotun Maersk USA: Reform could change the market Drewry: Heres comes the ULCV wave from the small carriers Somali pirates to release hostages without ransom Maersk ship lost 200-300 containers in storm OW Bunker: LNG will only account for 5 percent in 2020 EU: Canadian feeder agreement could be ready in 2015 Alphaliner: Lowest container growth in 15 years Cosco and CSCL in large-scale collaboration SeaIntel: Chinese collaboration changes nature of alliances Big growth for Australian mining giant Exmar sells gas ships Maersk is 500 containers short after storm Arctic oil dreams melting Rickmers acquires Hamburg Süd vessels in joint venture Chinese collaboration paves the way for new CKYH Weak TC rates drag Diana into the red Hapag-Lloyd enters Maersk homefield Hanjin to scrap 13 container ships "The bunker industry is behaving disrespectfully"G6 could get FMC decision in April Two guards found dead on US Maersk ship Søren Skou: Time to celebrate Maersk Line´s 2013 result Søren Skou: These are Maersk Line's biggest challenges Bulk carriers hopeful ahead of record-high soy bean harvest Panama expansion continues alongside negotiations New alliance settles in on Asia-Europe Siem Offshore reduced its loss in 2013 Maersk receives permanent license in Myanmar This is the G6 service plan EU presents anti-piracy strategy for West Africa Drones as new weapon against emission violators Per Sylvester Jensen new CEO of Nordic Tankers Hansa Heavy expands in South America Asia boosts Skuld's business by 13 percent This week's top stories on ShippingWatch Few Mediterranean ports benefit from mega vessels French environmental organization to sue Maersk Line Concordia Maritime marked by weak quarter SeaIntel: The CKYHE alliance could become even bigger Jørn Hinge: Alliance must bring clear benefits to UASC Oil industry: Tax law threatens projects for USD 13.2 billion Bunker company testing synthetic oil on Maersk vessels Impairments hurt Rickmers Maritime Scorpio: Doubled rates in Handy and Panamax Golden Ocean still confident in spot market Customer change boosts revenue at EMS Seven Seas FMC Chairman: Industry seeks consolidation The past 18 years of container alliances DFDS Channel ruling postponed to early May Yard deflects critique following broken container ship Euronav secures final capital for Maersk acquisition J. Lauritzen CEO on 2013: Certainly unsatisfactory Malaysian storage facility to ensure Vale access to China Maersk Supply Service CFO enters Maersk inner circle European sulphur control still a ways off Nordea predicts two years of growth in shipping Seadrill prepares for reduced activity Analysts believe in Golden Ocean fleet growth OSG requests more time for restructuring Shipping pushes HSH toward more state aid Maersk Line achieved 2013 profit of USD 1.5 billion 26 people sentenced to death following Suez attack Here is an overview of the Maersk 2013 annual report Pacific Basin's 2013 result dives to a small profit Frontline sees better balance in tank SeaIntel: Competitors should fear Maersk Line The EU wants to extend container block exemption China increases iron ore import DFDS made USD 63.3 million profit in 2013 Frontline 2012 in solid 2013 finish Seven DFDS routes could be shut down Danish Ship Finance doubles result Another Chinese yard wants to build ultra-large container ships Bangladesh shuts down illegal scrapping for the first time Panama Canal settles dispute with Spanish entrepreneur This week's top stories on ShippingWatch Battle on the Channel has cost DFDS around USD 32,4 million Panama Canal expansion postponed to 2016 Kuehne + Nagel raises profits Record-high 2013 export of lumber to China Drewry: EU will accept bigger alliances Crimea crisis could be poison to OW's IPO ambitions Stolt-Nielsen to raise USD 165.5 million on stock exchange Maritime entrepreneur back with a new project in 2014 Boskalis acquires tugboat companies from Louis Dreyfus More large container ships on intra-Asia Four carriers summoned for violating sulphur regulations Maersk execs make millions by exercising options Containers push Port of Hamburg back to growth Analyst: Statoil could benefit from Crimea crisis Millions for green fuel in Gothenburg Shipping shares soar on the Oslo Stock Exchange Hamburg Süd takes delivery of new giant reefer ship Hamburg Süd beats Maersk Line on reliability OW Bunker: More than 30 percent growth in 2013 Torm made USD 166 million deficit in 2013 Scorpio Bulkers: Our 74 newbuildings hit the target Strong critique in report on Filipino seafarers Meldgaard: No new ships for Torm without new owners Owners of eco vessels make big profits by reselling Lloyd's Register joins Johan Sverdrup Former Torm CFO got USD 1.75 million golden handshake Robert Maersk Uggla: It’s time for Svitzer to expand EU countries fear closure of Philippine seafarers schools Robert Maersk Uggla: Constant care is core value Greek carriers in uproar about new tax scheme Iraq back as fastest growing oil exporter Shipowners: Maritime security as part of EU aid programs Bimco: China growth ambition good news for shipping Robert Maersk Uggla: What makes a successful leader OSK Ship Tech believes in growth and more employees EIA: Indonesian oil and gas imports increase Danske Bank increases Norden expectations CSAV reaches compromise in price rigging case ECSA: Sort out the sulphur chaos now ShippingWatch turns 2 today - see the photos from 730 days This week's top stories on ShippingWatch Danish companies fear for assets in Russia Danish Ship Finance forces Torm to sell 13 ships Stock exchange watching Torm closely Royal Arctic Line makes first deficit in 20 years UASC exercises options for sixth ultra-large ship EU abandons joint stance on NOx ahead of IMO summit Drewry: US ports not ready for the alliances New Asian tugboat giant in the making DSV to replace bank debt with corporate notes Thomas Thune Andersen new Chairman of Dong Norden suffered USD 48 million deficit Norden to gear investments in new strategy EU expects sanctions against Russia in a few days Shipowners meet Russians halfway on NOx rules Nordea sold its Torm debt at a low price Maersk Supply Service orders new ship from Damen Chinese container collaboration looks like a dud Storms create heavy congestion in the Port of Hamburg Wilbur Ross cancels tank carrier IPO Avance Gas aiming for Oslo IPO MAN Diesel & Turbo off to a solid start in 2014 Special capital gain puts Nordic Shipholding back in black Europe's biggest ports support NOx regulations from 2016 ECSA: EU watering down LNG network Lukewarm investors canceled IPO of Diamond S Rickmers-Linie pays US fine for breach of competition laws Boskalis to invest EUR 300 million in 2014 DSV: Bond sale does not go to war chest Viking CEO: We are where we need to be Allianz: New mega ships coming in a few years Wintershall will invest EUR 4 billion over next five years DFDS rival lost EUR 22 million on the Channel Greenpeace: The EU wants to protect the Arctic EU Parliament abandons plan to liberalize ports Cosco presents bleak view of the future of shipping Will Russia succeed in postponing the NOx regulations?BP: US is becoming self-sufficient in energy Hansa Heavy Lift considers new fleet expansion Container rates on Asia - Europe dive 10 percent Another massive deficit for US tanker carrier Scorpio sells seven VLCC's at big profit This week's top stories on ShippingWatch DNB: Oil companies could reduce plans for newbuildings Greece puts Port of Piraeus up for sale Eurotunnel: Why we lost so much on the Channel Port of Rotterdam: Stop state aid to Hamburg and Antwerp SeaIntel: Giant ships bring significant fuel savings Electrolux: Alliances will benefit customers like us Clarkson: Newbuilding prices at two-year high New ships boost Topaz company's revenue Operating profit at Wilbur Ross' Navigator soars Ultrabulk grows fleet with five newbuildings EU elections could kick-start deadlocked port initiative Hong Kong losing ground in Asian port race IPO prospectus prices OW of up to 1 bln USD Container carriers chartering ships at rock bottom rates Analysis: Ten-year boom in satellite communication at sea GSF has reported the P3 alliance to the EU Commission Maersk and CMA CGM set to dominate Asia-West Africa Shippers put new pressure on the EU about the P3 alliance Insatech: Carriers pay 3-4 percent too much for bunker Hapag-Lloyd moving closer to merger Former Torm exec has left American tanker pool Danish carriers have billions at stake in Russia Wärtsilä fires 142 employees in Finland E.R. Schiffahrt chasing fuel savings Haldor Topsoe has great expectations for NOx market Maersk concerned about Russia - EU relationship Maersk Supply Service skips Brazilian bidding round Export ban will cost Indonesia USD 12.5 billion Diamond S: Our MR fleet is IMO 3 classified DFDS: Preliminary Channel ruling on Friday Sovcomflot hopes to turn around major 2013 deficit Broker: Product tank is getting out of hand ECSA calls for easier transport across land and sea P3 alliance cleared by FMC Maersk Line: Now we're waiting for China and the EU British support to DFDS in Channel dispute Media: Dry bulk tycoon facing new bankruptcy Niels Smedegaard: Huge victory for DFDS Wilbur Ross: Equity funds bring consolidation Hong Kong tightens sulphur requirements This week's top stories on ShippingWatch Correction Sovcomflot: Isolating Russia is not an option SeaIntel: Inadequate bunker inspections on ships Container customers pleased with P3 approval Haldor Topsoe: Shipping will face increased regulation Majority of CSAV shareholders approve Hapag-Lloyd Pacific Basin: Bulk on the edge of a turn-around Drewry: Rivals fear German-Chilean container merger Navig8 to raise USD 245 million for new VLCC's Stolt-Nielsen: Equity funds could start new crisis Kistefos bids on Transatlantic PSA take-over of PB Towage is imminent Poor shipping market pushes Tschudi toward logistics DVB: Shipping will not recover before 2015 Alphaliner: Large alliances could strengthen competition Shipowners attack EU proposal on seafarers' rights Thorco: Bigger ships open up for new business Epic Gas secures financing Hapag-Lloyd hit by weak market in 2013 Tschudi: Russian billion-dollar project will create business Media: Maersk ready to divest Esvagt Analysis: Container carriers face bigger risk of bankruptcy IMO delays on ballast water weighs down Desmi Maersk Oil extends oil rig contract The Port of Esbjerg continues to grow Israel building alternative to the Suez Canal Lauritzen CEO: Time for Lauritzen Kosan to grow Scorpio Bulkers adds 11 ships to its fleet China's 2nd largest carrier suffers huge deficit The US and the EU will target Russian energy sector Maersk Oil: Sverdrup drillings indicate exceptional quality Extreme weather makes EQT believe in huge StormGeo growth Analysts: Israeli railroad will relieve Suez OW Bunker now has 20,000 owners ABN Amro: Global trade to grow six percent this year SeaLand CEO has appointed his executive team Lenders seeping out of Torm Maersk Tankers VLCC Head switches to Drilling China decides the future for chemical tank carriers DSB CEO joins J. Lauritzen Boad of Directors Last week's top stories on ShippingWatch Commercial ships attacked in the Strait of Hormuz German carriers in bln USD deal with Chinese bank Wrist Ship Supply grows profits by 25 percent Divestment brings CMA CGM profit of USD 408 million SeaIntel: Carriers able to survive expensive fuel Semco: Statoil cost reduction efforts hit suppliers hard P3 alliance needs approval by more countries Evergreen publishes negative result Carriers support EU on block exemption extension Creditors give Genco a few more weeks Maersk heir ready to roll Hapag-Lloyd has doubled its debt in five years Distressed ships no longer have ports of refuge Cosco juggled its way to a profit Platou: VLGC rates hit ten-year high Hamburg Süd still considering merger Russia's controversial NOx proposal nearing collapse Maersk sells offshore company Danbor German shipping bank cuts USD 551 million from loans APM Terminals in strategic collaboration with China Shipping Norwegian shipowners' association gets new Chairman Hempel delivers record profits in 2013 Analysis: State-aid secured EU dominance in shipping Compromise on NOx rules on the way SBM Offshore finds signs of bribery G6 green-lighted in USA Analysis: Saudi Arabia ensures stable oil in 2014 APM Terminals: Europe the goal of Chinese agreement Stolt Tankers disappoints in the first quarter Drewry: The crisis will continue for another two years Shipowners present ten new EU demands Drewry: Crimea is a risk to Global Ports Ballast water regulations eased for local shipping Fitch: Sanctions yet to impact on Sovcomflot Rickmers Maritime: The next two years could hurt Niels Smedegaard: Shipping was fast asleep P&O raises prices to cover sulphur costs Media: Newbuildings headed for Torm Shipowners: We have to do better next time IMO approves global NOx compromise This week's top stories on ShippingWatch Asian shipping leaders call for increased consolidation Alfa Laval acquires Frank Mohn for USD 2.16 billion Brazilian port sale lures APM Terminals Maersk Line loses top spot How a German container ship went ashore in Hong Kong Maersk Line: Big customers demand CSR data Drewry: Alliances put pressure on European ports Prospects of new job boom in British offshore 11 logistics giants accused of price fixing Maersk Line and CMA CGM leave competition in their wake Media: Giant deficit awaits German shipping bank NGO: EU carriers change flags before scrapping in Asia Platou: Poor 2014 start for Norden and Pacific Basin Organizations: IMO shelved ballast water at meeting Seaspan distances itself from German shipowners Alfa Laval acquisition creates Norwegian family feud New Russian bid on P+S Werften Record levels for Korean yards in 1st quarter Ultragas saw its revenue decline in 2013 Feeder rates pushed down by major carriers This is the Polar Code road map Ultragas CEO: Shale gas boosts profits Piracy declined 13 percent in the 1st quarter Aker Solutions lands massive Brazilian order IUMI: Hull damages drop to record low Container carriers' reliability reaches all-time low Solid first quarter for Russian ports HSH Nordbank posts massive loss on shipping Fearnley: Crisis in dry bulk Norden ship rescues 300 immigrants Bulk carriers: Surprisingly big drop Few big carriers set to determine product tank Mr. Triple-E leaves Maersk Maritime Technology Shipowners praise proposal for skilled foreigners Maersk Oil brings in new executives Huge difference in container carriers' bunker consumption Oaktree leads the equity fund invasion in shipping Maersk: Bad weather affects schedule reliability Bangladesh will work toward more safe scrapping Last week's top stories on ShippingWatch Sulphur regulations cost carriers USD 120 per container Investors call off 2014 shipping rebound Kuehne+Nagel present strong 1Q bottom line ShippingWatch is experiencing technical issues P3 carriers behind the biggest fleet growth Time-charter ships far more expensive in fuel Seafarers to get help in case of financial problems Korean yards under pressure from P3 Slow-steaming has reduced the problem of overcapacity Newbuildings for USD 5.5 billion to the Middle East Alphaliner: Daily Maersk overtaken by rivals Heavy activity in container charter market Strike looms at the Panama Canal Banks' sales of Torm loans could hurt German banks West Africa a hot-spot for Topaz Norwegians win giant Angola contract Statoil allegedly pursuing Tullow Oil Maersk Line: Reliability the core of Daily Maersk Damco moves closer to Chinese growth giant Slow growth in Chinese economy Pacific Basin hit by slow 1Q bulk market Blue MBA: 1+1 equals 3 Early 2014 does not look like a shipping rebound Supplier believes in huge profit from scrubber market Bimco: Chinese economy in balancing act Easter on ShippingWatch Hapag-Lloyd merger comes at a risk Svitzer to bet heavily on wreck removal US import from Russia increases in spite of tensions Robert Bugbee: Now comes the execution Carriers praise u-turn on MRV proposal Norway to launch ambitious maritime plan EU proposal on Philippine seafarers on the horizon Norwegian rig companies sued again for night pay Russians acquire big German shipyard group Here is the carrier that Bugbee fears the most Bank of America: No US crude oil export before 2019 The Lauritzen Foundation lost over USD 250 million in 2013 Western Bulk: We don't have any real competitors Hapag-Lloyd exec takes over as Chairman UASC presents enhanced Asia-Europe network DVB: Only three percent offshore growth in 2014 Norden: We're hit by ten-year low on the Atlantic Hafnia Management opens office in Houston Ross' Navigator orders three newbuildings HSH Nordbank preparing new large divestments John Fredriksen establishes new Capesize carrier Danish organizations call for massive EU sulphur control IMB: Pirate attacks reach seven-year low Hacking is a growing threat to shipping Robert Bugbee has few simple business rules Fredriksen's new Capesize giant: We're big enough Analysis: Maintenance does not always pay Media: Competitors' ships will be bigger than Triple-E Ukrainian maritime industry holds its breath Greece wants to be at the forefront of LNG OOCL saw growing cargo volumes in 1st quarter This week's top stories on ShippingWatch Pacific Basin secures USD 350 million for 18 bulk vessels Fayard: Polish yards put pressure on repairs Eurotunnel cuts Channel prices by 50 percent SeaIntel: Carriers have few funds for fleet expansions This is how much Maersk will pay for eco fuel Giant Kazakh oil field in trouble Semco acquires Norwegian engineering firm Drewry: Panama expansion could shock container market Scorpio Tankers: Big pressure on product tank rates Member states to protect Philippine seafarers schools Alfa Laval: Solid development for sulphur product Nordea's shipping and offshore profits improve Ramboll Oil & Gas pursuing acquisitions in Norway Statoil forges ahead in first quarter J. Lauritzen CEO joins Avance Gas Board German bank: Shipping market still highly uncertain New sulphur regulations shut down DFDS service DFDS: No additional route closures till after 2015 DSV grows 10 percent on sea freight Stena grows revenue and profit Semco Maritime sees slower growth Maersk's feeder carrier booming in Northern Europe Blohm+Voss will complete Scandlines ships Moody's: Stable shipping climate for first time in 3 years Rickmers replaces senior execs following decline Lloyds sells shipping loans for USD 500 million Dong lands giant profit in 1st quarter Scorpio Bulkers lost USD 10.7 million in 1st quarter EMS Seven Seas reduces deficit Drewry: Sulphur regulations add USD 120 to every teu Maersk Supply Service wins million-dollar contract in Brazil Nordea: High newbuilding rate still a threat German shipyards: Recovery in 2014 DSV customers hedging themselves against rate fluctuations Maersk Line power struggles impacted customers Here is an excerpt from the new book on Maersk Line Danish yards want the EU to brake Turkey Maersk Training opens centers in Houston and Dubai Korea's shipping giants stuck in interest slump This week's top stories on ShippingWatch Risk Intelligence: Pirates off West Africa not withdrawing Safmarine holds key to Maersk Line's Africa-plan Orders for new product tankers in sharp slowdown SeaIntel: Carriers risk diving rates on Asia-West Africa 11 seafarers feared dead in ship collision Bimco: Disappointing figures from China and the EU Viking lands Statoil contract for 36 platforms Minister: EU controls vital to new sulphur regulation MR product tank spot rates up 13 percent SECA requirements lead to new European rail link Danske Bank: Shipping disappoints expectations for this year The transformation of Hamburg Inc The rise and fall of German shipping Bladt continues growth to record-high Italy's giant yard group seeks IPO Shipping companies worried about Ukraine crisis Maersk Broker's profit in sharp decline Maersk Broker hit by the financial crisis Crewing agency in Crimea: Seafarers still want to make money Wilbur Ross' gas carrier improved results Hamburg Süd prepares for more competition Western Bulk cautiously optimistic about 2014 Shale gas makes Evergas expand US collaboration Avance Gas ready to double fleet EU stresses short sea shipping as top priority Plan for the Nicaragua Canal ready next month Maersk Line back as most reliable carrier Shipping boosts DNB's financial result Finnlines in large scrubber investment ShippingWatch magazine out now Avance Gas: Frontline opens doors to new investors Platou expects improved Maersk Line result Report: Costs related to Somali piracy cut in half Thorco Shipping dismisses CEO Finland and German shipbuilder wants to buy STX yard Why Thorco and Ramskov parted ways Lightship: Highly satisfactory 2013 The next generation of short sea ships underway US crude oil export could change the tanker market Denmark back as a shipyard nation Dansk Bank lowers Norden expectations This week's top stories on ShippingWatch Broker: Equity funds in shipping fumbling blindly Danske Bank: Bulk rates improving BBC Chartering: We all took a hit in 2013 Intermarine expands fleet with 15 vessels SeaIntel: Sulphur regulations will not change container services Fredriksen added USD 792.4 million to his fortune in 2013 Thorco: Plenty of appetite for growth Equity funds pump USD 32 billion into shipping Mr. Triple-E to head oil research Weak market forces Norden to downgrade 2014 "We need 100 of the best researchers"Rating bureau sees increasing risk for Rickmers Holding Hapag-Lloyd made new deficit in 1st quarter Rickmers-Linie under pressure from new operators Norden hit by Atlantic nightmare Record-high number of ships scrapped Torm has negative equity of 100 mio USD MOL improved across all segments Boskalis sees three stable years ahead Jacob Meldgaard: We're doing exactly what we should Platou: VLGC rates set to drop Environmental Agency rejects Swedish scrubber concerns Thoresen Shipping boosts result to USD 3.8 million World's biggest carriers to launch sulphur alliance Bimco: China's steel production sidesteps bulk Heavy lift in high seas Here are the principles behind the Trident Alliance Maersk supports new sulphur alliance ShippingWatch closed Friday May 16th Maersk Oil: Important milestone in Northern Iraq J. Lauritzen increases expectations for 2014 This week's top stories on ShippingWatch Nordic Shipholding's owner in new joint venture Odfjell and new investors in gas shipping venture "Just ask Henriette"Maersk and BP will soon unveil new super-rig Supreme Group to acquire EMS Seven Seas J. Lauritzen: Bulk better in 2nd part of the year Drewry: Scrapped ships have no real effect The Israeli state loses control of Zim TUI: Hapag-Lloyd IPO in 2015 Competition Authority confirms MyFerryLink ban Eitzen Chemical suffers USD 26 million deficit Braemar merges with ACM New strategy for Maersk's fifth core business unit BW Group boosts chemical fleet with ten vessels Eurotunnel: We want to see the final decision Rickmers Group in large-scale KG ship sale Maersk Line expects improved 2014 result P3 alliance launch postponed to the fall Norwegian yard giant headed toward profitability Nils Smedegaard: Most things point in the right direction Several container carriers drag deficits into 2014 Another senior executive leaves Nordic Tankers The US wants to expand ports for mega-ships Jens Grønning: Our expansion plan remains intact Supreme looking at EMS Seven Seas' crown jewel Oldendorff and Scorpio keep the yards busy Maersk Oil in USD 5 billion North Sea investment Trident Alliance gets "thumbs up" from minister Topaz anticipates challenging market Alfa Laval completes Frank Mohn acquisition Growing interest for bonds in shipping Carriers tapping the bond market for capital Blue Water's 2013 result far below budget Deutsche Bank: China's shipping loans could trigger next crisis DFDS in USD 20.11 million 1Q deficit before taxes Intermarine: We are facing a new reality Golden Ocean has strong faith in new growth Monjasa Holding presents record-high 2013 result Threat of strike in Australia pushed to late June Year 1 brought DNV GL a revenue of USD 2.54 billion This week's top stories on ShippingWatch Unifeeder keeps up with the big Baltic players Fight for Costa Concordia order enters final stage Songa Offshore delivers best operating result in three years Maersk: We only paid commissions in Brazil Russians entering Fredriksen's Seadrill group Blue Water Shipping: Market hit by price pressure CMA CGM saw operating profit drop in 1st quarter China Shipping secures USD 8 billion loan EU Commissioner supports Trident Alliance Lloyds Funds: German ship management could be next loser Frontline lost USD 12.1 million in the 1st quarter Salvage industry sees gold on the bottom of the sea Maersk testing new NOx system from MAN and Alfa Laval Drewry: Container manufacturers will benefit from recovery Poor prospects of consolidation among container carriers New strategy behind USTC Board shuffle NordLB still struggling with risky shipping loans DNB: Bulk facing recovery in a few months Nordic Shipholding lost USD 1.1 million in 1st quarter New approval to secure growth for Maersk Oil Stena Weco sets record in 2013 China's new economy could hit bulk hard from 2015-2016 ShippingWatch closed Thursday May 29th Clipper Group's Danish business still losing money OW Bunker starts listed life with costly launch expenses 12 of the world's largest carriers ready with environmental alliance Here comes the offshore wind turbine with a 100 meter wingspan Former Torm owner kicked out of bulk carrier Svitzer opens the door to Rotterdam Partners pull Maersk's reliability down Maersk VLCC purchase named deal of the year Rotterdam tightens the noose on bunker fraud This week's top stories on ShippingWatch John Fredriksen's Northern Offshore 10-doubles profit Media: New major VLCC trade underway Oil industry getting ready for Sverdrup orders Esvagt made record profit in 2013 Norwegian Deep Sea Supply buys ten new ships MSC: Fierce competition in Northern Europe Novenco: Offshore market is a threat Drewry: P3 ports in Europe something of a puzzle Scan-Group presents stable result Alphaliner: Maersk Line gains heavily from APM Terminals Bimco: Greek shipowners mad about bulk Maersk Line: Why the reliability is diving APM Terminals to expand in Jordan EMS fears Supreme Group's acquisition plans DFDS in Paris meeting following Channel dispute Media: Giant Japanese LNG import could be underway EU clears the P3 alliance Ardmore: Order boom in MR product tankers is over Shipowners' association set to include offshore Media: Carriers want to close EU antitrust case Semco in major Norwegian offshore venture Maersk Line supports the Nicaragua Canal The hammer falls on HSH in late 2014 Carrier reliability significantly lower than last year Herning Shipping negotiating debt with bank Increasing activity in US container ports Wall Street Journal: China to approve P3 in June Ardmore betting on second-hand ships NATO extends mission in the Indian Ocean Norwegian compromise takes Johan Sverdrup into account Rickmers Group replaces CEO in the US Support for drones in fight against sulphur fraud A quarter billion tons of iron ore into the bulk market ABN Amro tripled its loans to shipping Timber trade off to a good start in 2014 Statoil looking to save USD 5 billion with new cost reductions APM Terminals in play for Greek port acquisition Industry working to get a slice of the Nicaragua Canal ShippingWatch closed Monday, June 9th This week's top stories on ShippingWatch The world's ports slowly improving HSH Nordbank profit triples in first quarter APM Terminals denies favorable Maersk Line prices Nordic Bulk Carriers in USD 2.1 million deficit Swire Blue Ocean up and running Ramboll acquires Scottish engineering company Power center in German shipping under pressure SeaIntel: P3 will dominate on fuel Maersk Supply Service ready to grow SeaIntel: Will the CKYHE expansion outcompete G6 Maersk Supply Service: Brazil has disappointed Torm's nemesis leaves Excel Maritime Ardmore initiates second-hand strategy APM Terminals sees potential in major Greek port Former Maersk man joins Dorian LPG management team Unifeeder making money in a tough market Odin Equity plans further investments in offshore The Maersk CEO's five turning points New heavy lift pool wants more carriers to join Swedish shipowners: Tonnage tax is a lifeline Drewry: Shortage of officers could hurt earnings New shipping Bachelor to expand with US university Western Bulk divests claim against South Korean carrier Lower oil investments impact Aker Solutions employees APM Terminals ready for 50 percent more containers in Gothenburg Monjasa wants to grow more in niche markets Scorpio portends second quarter deficit Navig8 raises capital for newbuildings Triton has missed its chance with Eitzen Monjasa downplays LNG expectations Drewry to stop performing reliability surveys Ultranav: Bulk and tanker will improve This week's top stories on ShippingWatch Nationality requirements could force major German carrier to outflag The P3 alliance binds the partners for ten years PDVSA orders ten tugs from Damen US oil production at highest level in four decades Platou: Shipping shares a bad business in 2014 Cheap tonnage intensifies competition on intra-Asia Torm secures dispensation from lenders Media: Tax breaks behind the Greek global fleet Bimco: Can China's consumption keep up the pace?US crude oil export at highest level in 15 years Hafnia Tankers in 1st quarter profit of USD 1.75 million The world's container ports signal moderate improvement Maersk Oil opens important market for Rambøll China rejects P3 alliance Epic Gas benefits from new ships in 1st quarter Norden head switches to new CEO job SeaIntel: P3 rejection hurts consolidation Breakwater Shipping expands in Copenhagen The three requirements for Norden's next CEO Shippers pleased with P3 collapse Concerns about Iraq's oil future following unrest P3 fought hard to convince the Chinese Celsius Shipping bets on gas, tanker and chemical tanker European wood pellet boom in store This is how many ships have scrubbers installed Maersk Line turns the clock back one year Skuld: Wreck salvaging often much more costly than assumed McQuilling casts doubts on product tanker rebound China interested in Brazilian dry bulk collaboration MAN Diesel wins big order for eight bulkers Organizations trying to postpone sulphur regulations Pirates in Southeast Asia target small tankers Statoil green-lighted for new Arctic drilling Concordia Maritime: Major threats to product tanker Is China trying to protect its own shipping industry?UACC driven by exports from Arabian refineries Analysis: Container ships lack cargo for return trips Shipowners lack overview of West African piracy Carsten Mortensen set to fight Big John Chinese state banks in Greek billion dollar deals This week's top stories on ShippingWatch Supreme: EMS Seven Seas to dominate globally Danske Bank: VLGC rates of plus USD 100,000 set to last NGO: Carriers continue irresponsible scrapping Nova Tankers to cease pool collaboration APM Terminals orders 22 automated cranes Wrist open to EMS Seven Seas' commercial unit Analysis documents when scrubbers pay off Hapag-Lloyd repeats call for NOL collaboration Do Maersk Line and MSC have their own Plan B?NordLB: Still reason to believe in shipping Alphaliner: Path cleared for P3 rivals Damco opens storage and container facility in Myanmar Transatlantic to be split into two carriers German shipowner in new major Chinese bulk order Maersk Drilling puts a date on new super-rigs P3 rejection could benefit the charter market EU extends block exemption for container carriers to 2020 Owner of container ships files for bankruptcy Avance Gas made USD 9.6 million in 2nd quarter The US eases ban on oil exports Stena CEO: The market has reached rock-bottom Klaus Nyborg new interim CEO of Norden Pan Ocean signs newbuilding contracts Has piracy off Somalia been curbed for good?GRM: Pain threshold for oil is USD 120 Tim Hansen to head Dorian LPG expansion Kvaerner lands Sverdrup order for USD 490 million Norden brings in new Head of Tech Dept. from Maersk Pacific Basin forced to cancel sale of towage division Maersk Line in major deal in New Zealand Klaus Nyborg looks like new Norden Chairman in 2015 The US opens first new refineries since 2008 DFDS wins Battle on the Channel Danica Pension invests USD 73.1 million in Unifeeder Klaveness: Dry bulk is an unhealthy market US LPG export to Asia benefits gas carriers Danish pension fund to invest heavily in shipping Belgium forces ship to be scrapped in Turkey Last week's top stories on ShippingWatch Svitzer in collaboration to develop new eco-tug Torm fends off pirate attack in Gulf of Aden Statoil needs more time for Castberg Major gas merger seems unlikely Oldendorff acquires Abu Dhabi based ESHIPS SeaIntel: DP and APMT set to win the megacities Maersk Drilling signs contract with Wärtsila Maersk Drilling signs contract with Wärtsilä Substantial discount for LNG ships in Gothenburg Supreme: We will retain and develop the entire EMS Drewry: Carriers’ poor reliability affects ports Thorco landed profit of USD 1m in year one with Clipper Danish shipping shares a poor investment in 2014 Subsea 7 to enter US market Catastrophic events increase container losses Former Torm exec joins Unifeeder board Statoil spends USD 2.43bn on offshore wind farm DFDS in new UK acquisition and positive adjustment Maersk Line improves reliability significantly J. Lauritzen simplifies group structure Evergas result dips to USD 11.5m deficit This is how Norway will conquer the oceans DVB brings in new container chief from Deutsche Bank Deep Sea Mooring to secure Maersk Discoverer BP: The world will run out of oil in November 2067 New German-Finnish shipyard moving closer Subsea 7: Own ships in the US give much needed flexibility Kvaerner signs Chinese joint venture DFDS wants to buy Turkish Ro-Ro carrier Stolt-Nielsen: Recovery is beginning to fade Transocean acquitted in major tax trial in Norway Maersk Tankers defends sale of VLGCs USTC group doubles profit in 2013/2014 Oil discovery in the Barents Sea Maersk Line signs major deal with DNV GL Avance: We can manage without Dorian Maersk withdraws from Desmi Ocean Guard EU countries agree to better sulphur control PwC: Small German shipping companies will fade Dutchmen bag Dudgeon order CMA CGM invests in Indian container terminal Last week's top stories on ShippingWatch Hafnia Tankers hires new CFO from Nordea Statoil selling out in Angola Plan for the Nicaragua Canal will be presented today Sulphur alliance between leading carriers now a reality New Norwegian pool collaboration is born New Zealand the world's biggest softwood log exporter D'Amico ready with billion-dollar investments Norwegian shipping companies growing on the stock exchange What sets apart the world's three gas giants Maersk Oil performs massive Brazilian impairment Plan for the Nicaragua Canal approved This is how far Danish Maritime Days has come Smedegaard: Giving up hopes of Brazilian oil success Niras looking to make billions on wind turbine scrapping Erria beats Danish carriers on profits TSA to increase rates between Asia and the US DFDS gets USD 8.6 million from the EU for scrubbers Media: Ukraine moving toward ban on international shipping Euronav betting even more on supertankers Seadrill cancels major bond issue Norwegian shipowners want Danish net wage scheme New job for Maersk Line head of sustainability HSH: Our customers believe in the future Shipowners: EU bureaucracy still a problem Maersk and MSC in new major deal following death of P3 Bulk carriers eye US record harvest Bunker Holding looking for double-digit growth Analysts: New agreement is Maersk's best shot SeaIntel: Agreement is bad news for CMA CGM Maersk Executive: Why MSC is the best partner for us Ukraine to shut down Crimea's ports next week Major players in Russian billion-dollar LNG project Euronav's new VLCC's come from Maersk Tankers Shippers to study 2M agreement Blue Water Shipping: Crimea is a challenge DNB: Too many new ships could disrupt bulk and tanker rebound Scandlines gets green millions from the EU Skuld aiming for USD 1 billion revenue by 2020 Drewry: 2M not a disaster for competitors This week's top stories on ShippingWatch EU to save EUR 400 million on better maritime surveillance Fayard to build Scandlines ferries Kuehne+ Nagel grows 8 percent on seafreight SeaIntel: 2M could lead to four major alliances Five banks to decide Torm's future Maersk Drilling: Difficult to land contracts for drilling vessels Platou: Maersk and MSC could save 4 percent on 2M US port negotiations resumed Offshore activity subsiding Maersk Drilling hires 3,000 new employees Skuld: There should be fewer P&I clubs Alphaliner: New 2M competitor would have 20 percent on Asia-Europe Hamburg hopes to be ready for mega-ships soon Chinese port activity brings hopes of export growth Statoil breathes life into 31-year-old discovery Maersk uses 3D printer for spare parts Cosco in huge scrapping round following acquisitions Maritime entrepreneur bets big on navigation equipment “The CEO position came a bit earlier than expected”CEO leaves Chemoil Klaveness: Funds will reinforce our pool business EU investigates state aid for European ports Kvaerner boosts operating profit in Q2 Qatar carrier grows 24% on LNG rates Hyundai Heavy Industries declines in H1 Social media changes how we view shipping accidents Nordea sees improvement of the shipping segment Thorco: Multipurpose market about to turn Carriers: Jones Act could ruin trans-Atlantic deal Huge write-downs for Aker Solutions Skuld provides Myanmar checklist for carriers Russian companies hit by Western sanctions Biggest US bulk carrier is a reality GRM: New sanctions against Russia will not affect oil prices Here is what Sweden has lost on missing tonnage tax UASC: Alliance with CMA CGM might be on the table Wärtsila grows on gas and offshore Gas carrier buys eco ships This week's top stories on ShippingWatch China to reinforce Brazilian infrastructure New ships underway for B-Gas Analysis: Rate increases partially successful on Asia-North Europe Maersk company to conquer market shares from Hamburg Norway's opposition wants to leave the oil in the ground SeaIntel: Carriers to secure big savings from the Nicaragua Canal Drewry: New mega-alliances in spite of China Huge leap in US wood log export Maersk CEO to do away with accidents and strikes Milaha takes a dive in the 2nd quarter Fire-ravaged container ship back in new eco-design German shipowners lose ground in charter market ICS: Sulphur regulations need much stronger port controls DFDS competitor lost EUR 14 million in 1st half of 2014 IMF: Will German banks survive health check?How Otto Danielsen plans to get back in black Panalpina grows on seafraight APM Terminals divests Virginia DNB: We've only seen the beginning of the gas adventure Semco forms Vietnamese venture for oil drilling rigs US port negotiations will continue into August Indonesian palm oil export could drop 9.5 pct. in 2014 APM Terminals: We believe in the US DNV GL losing tonnage following merger Costa Concordia embarks on its final voyage Australian mining giant in strong finish to fiscal year British authorities begin consultations on Eurotunnel Smooth strategy change at Lauritzen Bulkers Danske Bank continues to cut shipping loans Euronav sees rate hike for VLCCs and Suezmax Costamare saw profits decline in 2nd quarter DP World pleased with healthy growth Piracy against small tankers a growing threat Frontline cancels contracts for three VLCC's Statoil presents disappointing 2nd quarter result DB Schenker sees significant growth in seafreight Clarkson: Big container growth from Asia to Europe Vale in record quarter for iron ore The US awaits reporting from Maersk and MSC Electrolux: 2M is also good for us This week's top stories on ShippingWatch OOCL once again saw volumes grow and rates drop Hamburg Süd looking to acquire Chilean carrier Iran could challenge US crude oil plans Siemens lands major order for Dutch wind farm Behrendt: German shipping fundamentally changing Drewry: New terminals not sufficiently utilized This is your shipping calendar for January 2015 This is your shipping calendar for February 2015 This is your shipping calendar for March 2015 This is your shipping calendar for April 2015 This is your shipping calendar for May 2015 This is your shipping calendar for June 2015 This is your shipping calendar for July 2015 This is your shipping calendar for August 2015 This is your shipping calendar for September 2015 This is your shipping calendar for October 2015 This is your shipping calendar for November 2015 This is your shipping calendar for December 2015 Braemar and ACM merger finalized Dorian LPG targets Chinese gas market SeaIntel: Blank sailings could secure carriers' rate increases Scorpio Tankers in half-year deficit of USD 9.4 million Qatar takes control of rapidly growing container carrier Nordea: 2015 and 2016 will be good to shipping Alphaliner: Hamburg Süd headed for Top 10 Seaspan: We are well positioned for growth Maersk Line: 2M could start in China tomorrow Statoil has no "sacred cows" in terms of divesting Fredriksen's right-hand man gets billion-dollar parting gift New ships help Ardmore land a small profit Finnlines presents best result in eight years DSV marginally beats its competitors on seafreight Massive interest in new international shipping program Russian shipyard giant hit by sanctions New Russian sanctions could hit carriers and ports Engine division lifts MAN's H1 result Dorian LPG forms VLGC pool with MOL carrier Scorpio Bulkers lost USD 26 million in 1st half of 2014 Shipping could pay a high price for climate changes D'Amico hit by low product market in 1st half of 2014 Oil giants looking to pry their way out of US cartel case Subsea 7 in strong 2nd quarter Shipowners: Denmark a small step ahead of Norway Pacific Basin suffers massive loss in first half of 2014 Rolls-Royce sees marine profits decline Analysis: Carriers missing out on large bunker savings SeaIntel: Big delays among container carriers Pacific Basin will move tugs to the Middle East Chinese lumber import in record-high 2nd quarter New Dan-Bunkering manager to lift Asian operations 2M partners represent top and bottom on reliability Key index performs turnaround and increases This week's top stories on ShippingWatch Rosneft secured two contracts prior to sanctions Avance: Consolidation urgent in spite of Dorian pool DVB: Continous oil demand will benefit Suezmax Oil industry deals reach 5-year high Asia losing big-time to Europe on container transport Morgan Stanley: Ukraine crisis hits Global Ports Final agreement for the Panama Canal ends dispute German Meyer Werft takes control of Finnish yard If you were away on vacation in July...Global shipping bodies issue Ebola virus advice DFDS cancels large RoRo carrier acquisition Alphaliner: Idled container fleet at record-low P&I club warns against low quality from yards Drewry: Four major alliances could ensure stable rates Introducing Maersk Line's new Neapolitan partner These are the Global Ports numbers that worry Maersk Fredriksen companies fined in the US for oil fraud "World's biggest bunker market is the world's toughest" Suez Canal to be expanded in strategic locations Platou: Product tanker looks better than feared The salvage industry's revenue grew in 2013 Nordea: Norwegian oil industry changing dramatically Semco's biggest market is in the doldrums EU and Canada agree on free trade agreement Finnlines proceeds with scrubber installation Port of Gothenburg: Disappointing revenue in 2014 Listed bulk carrier files for Chapter 11 protection Rickmers Maritime doubled profits in 2nd quarter Wilbur Ross' Navigator sees profits soar SBM Offshore saw deficit grow on the bottom line Wilh Wilhelmsen's dragged down by RoRo activities Lars Mikael Jensen heads to Asia following P3 collapse Transatlantic takes it one day at a time in Russia Western Bulk: We are cautiously optimistic Gazprom gains access to new giant field Rio Tinto's profit and revenues at record-high Highlights coming up next week in shipping Decision on 660 MW British wind park approaching Container charter market recovery falls back Gothia Tankers: One year later Odfjell whistleblowers receive massive reward This week's top stories on ShippingWatch ABN targets 10 percent growth in shipping Labor conflict simmering at the Panama Canal Danske Bank: Very strong VLGC developments Maersk Line to downscale long-term contracts Rotterdam's Sohar Port in Oman is struggling DSV: Sanctions could weaken European economy OW Bunker in new Colombian partnership Major container carriers opt for foreign flag Hapag-Lloyd lost EUR 173.3 million in 1st half of 2014 Towering employment rate in the container fleet DHL lagging behind competitors on ocean freight Carrier: German out-flagging is a problem for the industry McQuilling draws bleak scenario for MR product tanker Habben Jansen faces difficult journey at Hapag-Lloyd Drewry: Reefer transports to grow 22 percent Pressure on profits forces oil majors to the banks Maersk Supply Service orders ships for USD 470 million Norden changes strategy after 6 months deficit Scorpio to build giant container ships for MSC Norden: New strategy did not give intended return New Nordic shipping bank postponed to the fall CPH Malmö Port: We are not overjoyed Shipping giant Japan in steep economic dive Concerns about Rosneft deal at North Atlantic Drilling Torm made USD 24 million deficit in the 2nd quarter Thoresen Thai made money in a tough market DP World: Russia is still interesting SeaIntel: Maersk Line in showdown with breached contracts Bimco: Demand exceeds supply on several container routes DVB hit by fierce competition on shipping loans Torm confident in bank agreement within six months Boskalis posts record profit in 1st half of 2014 Meldgaard: LR ship upturn strengthens faith in tanker Hapag-Lloyd investor still prepared to sell stake US container port achieves record-high month J. Lauritzen made USD 29 million in 1st half of 2014 Another mining giant gets its own bulk fleet Highlights coming up next week in shipping Hafnia calls for consolidation in product tanker Offen's massive container fleet shrinks again Ultrabulk lowers 2014 forecast significantly Drewry: Maersk Line will beat the rivals again Jan Kastrup-Nielsen: Still some way to go J. Lauritzen downplays gas fleet growth plan Mining giant negotiating order for additional VLOC's Central Bank adopts tough stance toward shipping banks Maersk Broker: Capesize rates set to soar now Nordana orders four ships and believes in growth in 2015 Maersk Line made USD 547 million in 2nd quarter Alphaliner: Newbuildings boost capacity of container fleet Here is an overview of the Maersk interim report Smedegaard prepared to test MSC's reliability SeaIntel: No basis for super-optimism in container Maersk Line's fully loaded ships drive the profit BHP increases focus on iron ore following interim report Port of Rotterdam trying to solve traffic chaos Bergen Group in complete exit from shipbuilding Smedegaard: Long-term contracts have lost value Funds build bulk giant on the remains of bankrupt carrier Norwegian and British offshore brokers merge Fortescue in record-high shipping year Topaz Energy joins forces with equity fund Statoil cost reductions hurt subcontractors Svitzer lands three new mega-deals The Port of Hamburg has left the crisis far behind DFDS sees major improvements Analyst: Star Bulk will be a leader in bulk shipping Maersk Line confirms 2M launch in January DFDS equipped for multi-million dollar acquisitions Prosafe: Big uncertainties on the oil markets Offshore carriers suffering from low activity German shipowners warn of major out-flagging Container shipping has reduced CO2 emissions Welltec finished 2nd quarter with record numbers Highlights next week in shipping French container carrier in Asian collaboration Höegh LNG in major dive in 1st half of the year John Fredriksen in giant deal with Russian Rosneft Swedish Club grew stronger in 1st half of 2014 DFDS discontinues new service following trade conflict Siem Offshore sells ships to pay debt John Fredriksen: Rosneft deal is very important Swire: 2015 and 2016 will be good Upturn for major product tankers subsides APM Terminals completes Virginia divestment Correction Songa Offshore: Norwegian market set to decline in 2014 Maersk's container factory suffered big deficit in 2013 SeaIntel: Carriers must withdraw capacity Acquisitions in the US port sector booming again Alphaliner: Is Maersk looking to sell Damco?Cosco Pacific hit by lack of divestments in 1st half of the year Eitzen Chemical hit by weak market Final route settled for the Nicaragua Canal Topaz' growth engine losing steam Korean yards' value drops 40 percent in 2nd quarter IMB: Shipping needs to strengthen cyber-security Statoil makes first move north of the Arctic Circle Maersk: Damco is a core business Danish Ship Finance makes USD 149 million profit DP World in ambitious Belgian logistics project Dry bulk fails Golden Ocean's expectations John Fredriksen continues his investment strategy Pontoppidan: Nordic Shipholding's growth plan intact BW LPG spinning gold on high time-charter rates Stig Hoffmeyer new CEO of Maersk Container Industry Ramboll backtracking in Norway Danish Ship Finance keeps fighting poor rating Frontline 2012: US condensate could be a game changer Commerzbank divesting container ships DP World delivers increased profit and higher revenue NordLB calls for caution in the shipping market Here are the first names for the Danish Maritime Forum DHT Holdings: Tanker market in complete upturn OW Bunker grows 7 percent on volumes 2M will get US response by October at the latest APM Terminals: Significant interest in the Nicaragua Canal Lenders provide Torm with capital for another six months Container carriers' schedule reliability declines Moody's: One single big customer hurts Danish Ship Finance's rating HSH performs major impairments on shipping This week's top stories on ShippingWatch EMS Seven Seas' CEO on the way out CMA CGM reports declining profit in 2nd quarter Hapag-Lloyd's Chilean acquisition suffers massive deficit The expanded Panama Canal will open in 2016 Price war on iron ore could hit shipping China's banks starting to downplay shipping Speculations about new Norden CEO gather momentum Rickmers Group losing steam in all three segments DNV GL's marine business grows Billion-dollar plan essential to US port industry Maersk Line left rivals in the wake in 1st half of the year Container ship owners nearing new rate dive Danske Bank: Growing profit and acquisitions at DFDS New supplier targets European wind market Putin offers Rosneft oil to China Oaktree ready for new shipping investments The US to consult China on 2M alliance Shippers have negotiated lower contract prices in 2014 5,000 shipping people to Denmark in October Scandlines: Fehmarn link gets illegal state subsidies Political sanctions put pressure on maritime insurance Bourbon hit hard by the offshore market Skou: We comply with the Chinese requirements Dorian LPG: Favorable prospects for gas China presents ambitious plan for shipping APM Terminals to fight for global top spot Greek Dryships cancels four ships from China Chinese shipping to transport more Chinese goods Suez Canal achieved record-high profit Danske Bank: Sulfur violations could impact loans The Philippines warn of export ban on iron ore Nordea sees threat to Norwegian oil NGO: This is how banks deal with shipbreaking China appoints the country's future shipyards Nordic ports looking to join forces in the EU Media: Maersk and MSC have not learned from failed P3 New shipping program to be doubled in size BP fined USD 18 billion for Deepwater spill Nordic Tankers' owner has lost USD 58 million in 2 years APM Terminals: Lack of major investments in Latin America This week's top stories on ShippingWatch Søren Skou: Returns need to be increased further Platou: Bad year for chemical tankers Chinese yard giant forced to restructure New study: Wood pellet demand to double SeaIntel: New Maersk alliance similar to P3 in several aspects UASC, CMA CGM and China Shipping to launch new alliance Blue Water's profit not in step with the growth Shipyard giant picks three ballast water system suppliers Maersk Line could lose top spot by 2016 Growth in fatal accidents at APM Terminals Wärtsilä to supply LNG engines for gas vessels Petrobras launches internal corruption probe Clipper divests three new multipurpose vessels CMA CGM confirms major alliance Former Torm exec appointed new head of V. Ships in Copenhagen 600 new layoffs in Norwegian oil industry CMA CGM: Quick P3 alternative was necessary Hamburg Süd's new acquisition lost USD 16 million in 1st half of 2014 Norwegian-led tanker carrier completes major VLCC transaction Oldendorff Carriers remains in the black in 2014 and 2015 Canadian carriers: EU agreement is unfair Maersk Broker: Deliveries at extremely low level This is why V. Ships is opening an office in Denmark Seadrill CFO warns of bad years for rig market Rickmers-Linie: New sulphur regulations hinge on enforcement Report casts doubts on Maersk ship that suffered accident Kvaerner opens for speculations about the company's future Clipper prepared to expand RoRo activities Pacific Basin warns of major loss on customer Maersk concerned about shipping's compliance with environmental regulations DNV testing new unmanned battery-powered ship Wärtsilä wins single biggest order for ballast water systems ever The EU approves Hapag-Lloyd/CSAV merger Shell looking to find formula for LNG adventure Struggling Royal Arctic Line lost USD 5.8 million in 1st half of 2014 Statoil divests billion-dollar assets to Wintershall Drewry: Strong growth in container freight to fall back Skuld's profit grew 67 percent in 1st half of 2014 DNB: Our customers must comply with environmental regulations This week's top stories on ShippingWatch Cobham: Fierce competition challenges Vale and Cosco in giant iron ore arrangement Drewry: Alliances a response to a fragile market Carriers have saved 10 percent on oil in 2014 Presenting the shipowners' new EU agenda Maersk and Torm discontinue tanker pool Aker wins Brazilian oil order worth USD 465 million SeaIntel: Two new alliances beat the rest of the industry Sulphur regulations close another DFDS route Gorrissen: Shipowners looking toward quality flags Denmark in Arctic dispute with Canada Maersk wants more American investors Maersk has found Mr. Triple-E's successor Royal Arctic Line caught in downward spiral Russian bunker market attracts carriers under pressure Clarksons: Danish ship register tops global growth rankings Maersk now has full control of its entire tanker fleet Container carriers have reclaimed power over customers Broker: Product tanker a major disappointment this year Seadrill: Giant deal with Rosneft could be in danger ICS calls on the IMO ahead of ballast water meeting EMS Seven Seas appoints new CEO Korean yard giant replaces CEO after dismal result Niras looking to create more ports in West Africa China ready to surpass Triple-E MAN Diesel & Turbo fighting for every single order Global Ports is losing revenue Smedegaard: US approval of 2M a formality BW Group strengthens its LNG fleet Platou: Look out for two aspects of Maersk Oil Halliburton next to axe employees in Norway Australian government: Iron ore price increasing Eurotunnel considering quick exit following DFDS defeat Stolt-Nielsen: Cargo shortage hurts chemical tanker market Viking CEO: Slower growth in the years to come Odfjell Gas places ships in Lauritzen pool The Kremlin wants to protect gas projects against sanctions Maersk and MSC reveal the 2M network Unifeeder adds sulfur surcharge to the bill This week's top stories on ShippingWatch Scrubber manufacturers looking for orders Highlights this week in shipping Standard Chartered customers seek shipping investments More than 300 million tons of Greek tonnage Danske Bank: Shipping about to enter new upturn Drewry: Specialized reefer fights back against container giants Wärtsilä and MAN in new research collaboration Fredriksen considers buying more shares in Seadrill MacArtney wants to reach USD 170 million revenue by 2016 Alphaliner: The first battleground for the major alliances Analysis: New mines put pressure on the iron ore price Fredriksen in large-scale Seadrill share acquisition DNB: Maersk is looking to exit tanker market completely Aker Solutions to axe another 175 jobs Shipowners: EU is wasting an opportunity to open ports Maersk Oil postpones giant gas field in the Norwegian Sea Maersk Line will save USD 350 million a year with 2M Marine insurance industry concerned about mega-ships Norway supports EU sanctions against Russia The new strategy for Maersk's 5th core business unit Media: 13,500 Norwegian oil jobs in danger Hamburg Süd and UASC form global collaboration DSV: Customers will be hit by sulfur regulations Cleaning reduces Norden's fuel consumption SeaIntel: Maersk Line's fleet to grow moderately Media: Mass layoffs underway at Stena Line Korea's four largest yards lose significant market value UASC: Hamburg Süd to benefit from Ocean Three Major Chinese port rewards environmental ships John Fredriksen's fortune exceeds USD 16 billion Maersk Line challenges rivals with North-South growth strategy EU takes Spain to court for insufficient port security New fuel could could change the market completely Nordic banks: North Sea crisis soon over Pareto-owner has raised billions for shipping Ahrenkiel: This is the solution for struggling German shipping Norden announces new Australian offense Wood trade grew 7 percent in 1st half of the year Giant ships put pressure on South American ports This week's top stories on ShippingWatch Russia and the US in successful Arctic drilling Torm lenders present proposal for debt restructuring International shipping ready to ditch the fax Container set to reach record-high scrapping level Five banks have signed the Torm agreement SeaIntel: 2M beats rivals from key Chinese port These ports are vulnerable to congestion This is the agenda for the Danish Maritime Forum Alphaliner: Container rates headed for new low Sulfur regulations make CMA CGM raise prices significantly Carsten Ostenfeldt joins Nordic Tankers Scorpio part of the Trident Alliance Gertsen & Olufsen appoints new management China's biggest yard ready again in 2015 Mitsui invests billions in LNG vessels Media: Rig operator sues Statoil Hapag-Lloyd and Hamburg Süd in new reefer collaboration East-west unit to boost Maersk Line's profit Sylvester Jensen's plan for Nordic Tankers British broker looking to enter bulk Top 3 before 2016 MSC climbs the list of reliable carriers China awards four carriers state subsidies for scrapping Global oil demand at all-time high Norden investor enters supertanker segment Evergas-owner and German Hartmann form ambitious gas venture Ultrabulk lands attractive Japanese financing Greek shipowners to pay extra taxes until 2017 Fredriksen in joint venture with VLCC pool Stolt-Nielsen: No sign of improvement in 2015 Hafnia Tankers lost USD 5.2 million in 2nd quarter BW LPG: Rate boom will end after 2015 Risk Intelligence to triple profits by 2016 FMC Chairman: We will keep a close eye on 2M MSC founder's son appointed new CEO OMT triples its revenue Korean shipping giant up for sale Shippers: New alliances will strengthen competition Swedish tonnage tax pushed to next year Danish special forces in "hostage situation" on Mary Maersk This week's top stories on ShippingWatch "Diego will likely keep the Saturday meetings"Dyrbye: How carriers can save five percent on fuel Port of Hamburg forced to postpone expansion plans New ShippingWatch magazine out now Banana merger puts pressure on reefer ships Industry wants IMO to act on poor bunker Analyst agency lowers dry bulk forecast Drewry: Global alliances a long way off Flemming Jacobs joins Israeli Zim P&O: Sulfur regulations cost GBP 30 million a year IMO: Carriers should get the fuel they pay for World's largest mining company maybe underway Star Bulk gains millions by divesting Pan Ocean claim DSV appoints new CEO of the Air & Sea division Lloyd's Register: Need for heavy fuel is rising Alphaliner: Battle for market shares on the Pacific OW Bunker downgrades 2014 result forecast OECD: This is how the ports can make money Fredriksen merges his dry bulk giants Nordic banks: China's growth starting to seep Kongsberg wins million-dollar Norwegian Sea contract Major shareholder: Unfortunate OW Bunker downgrade China will maintain steady economic growth Russia will continue fighting the NOx requirements Drewry: This is what the future container industry looks like EU: Maersk must say goodbye to exclusive banana deal Maersk Line: 2M to launch operations in January Smedegaard puzzled by equity funds in shipping Russia looking to ease Arctic bureaucracy Rio Tinto anticipates mine closures China will surpass the US to become world's biggest economy Here are the pictures from the Danish Maritime Forum More students choosing maritime courses Maersk Line confirms 2M approval Danske Bank: Fredriksen makes bulk giant strong Sohmen-Pao: Shipping should step in front with CO2 levy The IMO needs to eliminate three obstacles next week CEO: Damco back in black next year Hafnia Tankers finds technical management for its fleet Niras to expand oil terminal in Mombasa Moody's sees stable shipping climate and moderate growth This week's top stories on ShippingWatch Monjasa-owners withdraw from daily management NGO: 515 ships scrapped on beaches in 2014 Statoil divests assets for billions in Azerbaijan Japan ratifies ballast water convention Major Norden shareholders terminate mutual agreement Seafreight drives growth at Kuehne+Nagel SeaIntel: Strong European import good news for carriers Philippines to discard half of the country's maritime schools Major fluctuations make Norden-investor hesitant Ballast water convention moves closer CEO: New bunker requirements will break suppliers Rosneft hires law firm to fight Western sanctions The NOx fight intensifies Highest number of Asian pirate attacks in many years Giant oil discovery in the Barents Sea EU to support former STX yard employees in Finland Statoil CEO resigns with immediate effect Pacific Basin surpasses tough dry bulk market Supreme Court approves APM Terminals' Costa Rica project Hafnia Tankers-owner uses simple investment test IMO listens to carriers' ballast water pleas Avance Gas downgrades consolidation plan EU rejects complaint from Scandlines Rio Tinto tops iron ore in the 3rd quarter Media: Andreas Nordseth in play for IMO top job Tanker giant postpones New York IPO Bimco: Asia-Europe could be surpassed by another route Lloyd's Register: 24,000 teu ships on the way Drewry: Shipping earnings down 25 percent Maersk Supply Service places large order for 6 ships Fortescue continues iron ore growth Maersk Drilling extends multi-million dollar contract Ex-Statoil CEO sets a new European salary record VLCC purchase pulls down Euronav Analysis: Shipping vulnerable to cyber crime Aker-owner is the richest man in Norway Maersk Drilling hit by the oil industry downturn IMO sidesteps legal requirements for bunker quality SEB: OW Bunker leaning toward new downgrade Smedegaard: Corruption poses a significant risk for us This week's top stories on ShippingWatch Brazil rejects Maersk Oil's field divestment Media: German banks at risk of failing stress test SeaIntel: Bigger risks than Ebola in West Africa Russia finds new ways to import food Oil and gas to raise Hansa Heavy Lift Will lower oil prices make carriers ditch slow-steaming?Russia loses NOx fight at the IMO Jens Martin Jensen steps down as Frontline CEO WISTA members launch Nordic collaboration Huge interest in North Sea oil exploration Alphaliner: Low oil price could worsen overcapacity Yildirim to sell its CMA CGM shares in 2015 Klaus Nyborg appointed new Chairman of USTC The name is Bulc... Violeta Bulc CMA CGM boosts reefer market share Asian carriers expand collaboration to the US al-Qaeda calls for attacks on shipping hubs Nordea: Shipping and offshore losses reduced significantly Yildirim Holding to invest massively in ports Australian mining giant grows significantly on iron ore Fearnley: Dry bulk asset values will dive in 2015 Maersk Line sticks to slow steaming APM Terminals in conflict in Jordan Shipowners: Transport Commissioner sends clear signals Total brings back former CEO OW Bunker lowers growth forecast China's shipowners call for more competition Judgment day for the German shipping banks Intertanko: IMO bunker initiative only first step Specialized vessels increase Wärtsilä's order volume Denmark nominates Nordseth to head IMO US crude export reaches new record-high The road to the IMO's seat of power IBIA: IMO takes a step forward on bunker Shipowners criticize the EU for lack of port ambitions Marorka prepares for strong growth Shippers call for transparency on sulfur costs Presenting the new IUMI President's agenda ATP: OW Bunker has breached our trust Fredriksen will acquire Norwegian gas carrier This week's top stories on ShippingWatch Secret million-dollar settlement in fraud case Oil company in dramatic showdown in fraud case This week's highlights in shipping US-based equity fund could be new owner of Torm World's largest shipping banks pass stress test ABB Marine: Future ships will run on electricity SeaIntel: Few Baltic ports hit by Russian import ban Torm to regain top-ranking among global tankers Presenting Andreas Nordseth's IMO agenda Scorpio Tankers lost USD 1.2 million in 3rd quarter Clarkson sees positive container market into 2015 GEA wants to set new fuel quality standards Investor sells OW Bunker stake in protest Fewer newbuildings impact Alfa Laval's 3rd quarter Norden's market value down almost USD 1 billion this year Ice and cold closed the Northwestern passage Hemmingsen: Drilling's billion-dollar goal could be dropped Platou: Collapsed fuel price benefits chemical tanker Seafreight drives growth in historically strong DSV quarter Increased capacity makes DP World grow Giant impairment sends Statoil into the red Finnlines considers Polferries acquisition Braemar ACM can save more than expected Goldman Sachs: Oil price will drop to 85 dollars Scorpio Bulkers has lost USD 45 million in 2014 Braemar ACM believes in gas and offshore vessels Third quarter brings fresh air to Milaha Norden hires new CEO from Pacific Basin Robert Bugbee: We have the fleet everybody wants Shipowners: It is our duty to rescue illegal refugees Maersk Drilling to hire 550 people in Norway Western Bulk suffered a USD 24.5 million deficit Jan Rindbo: My three key leadership skills Transatlantic leaves deficit behind in tough market Dong Energy increases 2014 full-year forecast DNB Markets slaps a warning sign on the VLGCs HSH Nordbank pumps fresh capital into shipping Shortage of drivers hits container carriers in the US German shipowner in ambitious Chinese collaboration Container rates in big leap this week This week's top stories on ShippingWatch European shipowners call for market access in China This week's highlights in shipping SeaIntel: Container carriers spend more time in ports Statoil expects giant profit from Johan Sverdrup Greek Costamare grew in 3rd quarter Golden North-South routes disappoint big-time in 2014 Dynamar: Container ships getting busier in the Mediterranean Container carriers halt decline in reliability CMA CGM saves 5 percent on fuel by retrofitting Oil and gas shares in big dive on Oslo Stock Exchange Robert Bugbee in surprise exit from gas carrier Braemar ACM: Australian coal export in steady growth China to allow private investors in shipping companies Alphaliner: Few orders for new container ships Major impairment in Rickmers' Singapore company This is break-even for giant Johan Sverdrup Ardmore ended 3rd quarter with a small profit J. Lauritzen moves out of central Copenhagen Cosco: Two years until shipping starts to improve Nordic Offshore Marine files for bankruptcy DFDS set to continue Scottish-Belgian service The Greek orderbook exceeds USD 27 billion OW Bunker share placed on matching halt Russian bunker market will become even cheaper APM Terminals cancels new US joint venture OW Bunker threatened by Singapore losses OW Bunker in fraud case of USD 125 mln Insolvent OW Bunker has lost entire equity Torm raises its guidance Statoil suspends two rigs Suddenly, there was a knock at the door at OW…Dryships: Dry bulk will rebound in 2015 ECSA launches sulphur survey J Poulsen steering toward German merger "OW Bunker was a meltdown of nuclear dimensions"Maersk orders new feeders due to Sulphur demands New Jersey halted Maersk’s port partnership Statoil wins 12 new North Sea licenses Does the OW Bunker management have a case?Dorian LPG raises revenue significantly Lauritzen: We are not moving to save This week's top stories on ShippingWatch OW Bunker files for bankruptcy OW Bunker crash leaves bloody trail through oil companies Singapore looking into OW Bunker scandal OW Bunker CEO brought "cleaner" back in October Braemar ACM pushes recovery another two years UASC steps up fight for the reefer market OW Bunker's Singapore company aggressive from day one Drewry: Trade through Suez accelerating Wärtsilä wins order to supply 54 engines for LNG ships Maersk Line expects USD 2 billion profit in 2014 Singapore: OW Bunker crash causes minimal disruption Get a full overview of the Maersk result here Lawyers behind OW Bunker IPO to clean up after collapse German shipping group hires Maersk Broker manager The OW Bunker scandal day by day Carriers establish new MR pool Maersk Group expects oil price of USD 80-90 Norden suffered USD 11 million operating loss in 3rd quarter Maersk Line will order new ships within 6 months IBIA will support companies hit by OW Bunker collapse OW Bunker's partners fell one by one in Singapore Norden hit by surprisingly low Chinese coal import SBM Offshore settles bribery cases Eitzen Chemical in continued decline OW Bunker creditor arrests 15 vessels HSH Nordbank: Equity funds important to shipping Hapag-Lloyd continues heavy losses Maersk Line set to order the big ships CSAV reduces deficit once again Odfjell: Chemical tanker slowly improving 100 oil companies have claims in OW Bunker "German yards have adapted to the new reality"J. Lauritzen downgrades full-year expectations DP World to invest USD 2.6 billion in logistics Transatlantic is both pleased and not pleased Thoresen Director to head new dry bulk pool This is OW Bunker's secret and giant Singapore business Clarksons looking to acquire Norwegian Platou Monjasa-owners found new company Intertanko gets a Greek Chairman This week's top stories on ShippingWatch One container carrier outruns the others Maersk Broker: Chinese coal plan encouraging for dry bulk Epic Gas continues in the red World's biggest listed bulk carrier soon a reality Denmark to fight pirates off West Africa This is the plan for Thoresen's new dry bulk pool Statoil chief strategist: Shale revolution has only just begun Bad news for shipping from G20 and Japan Lars Møller hits back at OW Bunker management Court sides with Western Bulk in million-dollar case US crude oil production booming European refineries ready for sulfur regulations Battle intensifies on the US West Coast Bank aggressively demanding OW claims from carriers J. Lauritzen to transport 600,000 tons wood pellets North American winter to decide VLGC fortunes World's biggest container ship launched Private equity fund considering tanker IPO The new CEO of EMS Seven Seas presents his agenda Ultragas: More ships headed for Danish flag EU now ready to monitor ships' CO2 emissions Crude oil boosts Sovcomflot New broker merger in the pipeline Monjasa's Africa company acquires tonnage German Marenave in costly impairment BW LPG: Good times will continue another year The complete list of the 100 creditors with claims in OW Bunker Sulfur requirements make Stena bet on methanol MAN supplies world's biggest engine to new giant ship OW Bunker Board responds: We are shocked Western Bulk CEO: 2014 was a five-year low European shippers in strong critique of alliances Welltec maintains strong growth DFDS raises expectations for 2014 again Torm in non-compliance with loan facilities OW Bunker's risk manager: It was speculation Aegean: Our claim in OW Bunker is smaller Make or break for DFDS in Channel dispute next week Lars Møller changed DOT clause just before bankruptcy Lego family buys shares in Erria This week's top stories on ShippingWatch Carsten Mortensen joins BW offshore's board Danske Bank: Golden Ocean is the one to own SeaIntel: Far too many big container ships next year Pension giants to scrutinize OW Bunker collapse Wall Street has Torm in a speculative iron grip CMA CGM made USD 201 million profit Struggling Noreco fires CEO US West Coast port negotiations deadlocked Bleak prospects: Asset values headed for new dive J. Lauritzen opens dry bulk office i Switzerland Idle container ships at lowest level since 2008 Lars Mikael Jensen: Asia is far from mainstream Europe Frontline takes another big hit from impairments Platou sold to Clarksons for GBP 281.2 million Port of Hamburg sustains growth Drewry: Slower growth for Maersk Line in 2015 Welltec could soon be hit by declining oil CMA CGM acquires German carrier OPDR Nordic Shipholding suffered USD 4.6 million deficit APM Terminals to strengthen activities in Turkey Skou: Maersk Line and MSC must be equally reliable The oil crisis has cut Seadrill's value by USD 3.80 billion The crisis could postpone equity funds' exit from shipping Erria expects improved result in 2014 Major shareholders in uproar over Statoil CEO's salary package OW's management knew about giant Singapore credits OW Bunker crash now hitting carriers Wärtsilä chosen for Maersk Supply Service's new ships Maersk Broker considering merger Rotterdam tempts carriers with lower tariffs Another European nation wants to be at the maritime forefront New price structure underway for the Panama Canal Major shareholder got out of OW Bunker in time Danish bunker companies' ship hijacked off Africa Nordea: The winner and loser after the OPEC meeting Vale: Higher iron ore prices in 2015 DNB expects new deficit for Norden in 2015 Hafnia: Tanker rates headed for great finish in 2014 Fredriksen has secured Flex LNG's future This week's top stories on ShippingWatch Hafnia Tankers loses money again Viking Supply Ships loses three big contracts Maersk Supply Service notes oil fluctuations German KfW: German shipping will stay in crisis mode Drewry: Shippers consider planes on the US West Coast Drilling giant fighting for Rosneft collaboration US working on bigger penalties for sulfur violators Project to map network between forwarders and brokers 31 shipowners now demand strong sulfur enforcement Maersk Broker opens door to Asian offshore market Oil price sends offshore shares down in Oslo Container carriers' reliability plummets in the US The EU plans to bet on the following maritime investments Skuld: Switching fuel in ECA zone puts strain on engines Monjasa and Trafigura dominate West Africa bunker market Global trading house recruits 40 former OW employees Hapag-Lloyd completes merger with Chilean CSAV Authorities investigate tug companies Deep Sea Supply CEO steps down German container carrier to out-flag entire fleet Norden: Tanker at highest level since financial crisis New dry bulk giant in 3rd quarter deficit Hundreds of carriers trapped following OW Bunker crash This is how the EU will ensure sulfur enforcement Maersk Group maintains Saudi Arabia activities Lower oil prices good news for Torm Oil companies withdraw from the North Sea DSV looking to acquire US-based transport giant Swedish tonnage tax fades in political chaos Denmark advances on the list of biggest flag states Presenting the 2M alliance's new East-West network Southern Europe objects to EU sulfur proposal Environmental NGO criticizes Polar Code Royal Arctic Line launches generational change Scorpio puts Dorian LPG shares up for sale Statoil: Johan Sverdrup unaffected by falling oil price ICS: Governments should join forces against sulfur violators Oil and gas down USD 27.5 billion on Oslo Stock Exchange OW Bunker trustee: Giant Singapore losses still a mystery Maersk Line gets 78 ports in East-West network in 2015 This week's top stories on ShippingWatch Sovcomflot raises millions of USD in Europe for new vessels Maersk drawn back into Brazilian corruption case Difficult to avoid double-claims from OW Bunker Acquisitions of smaller container operators gaining ground Nordea: Subcontractors the big losers following oil drop Learn how much the global fleet pollutes in ports Aegean buying up OW Bunker oil Avance on Dorian: We want all or nothing Shipping shares plummet on the New York Stock Exchange Alphaliner questions Hapag-Lloyd acquisition Emanuele Grimaldi: Sulfur requirements will divide RoRo Management discord brings new CEO to Odfjell Stolt-Nielsen takes a beating on the Oslo Stock Exchange OECD: The challenges faced by the world's biggest ports Danish minister calls on colleagues ahead of sulfur Nordic American Tankers grows fleet to 24 vessels ExxonMobil preparing new ECA zone fuels Flex LNG resists Fredriksen bid Maersk Line and Hamburg Süd beat rivals on reliability Pension funds launch legal battle against OW Bunker Norwegian oil workers fear mass layoffs New strategy intensified disagreements at Odfjell Investors pound dry bulk assets down 30 percent Rolls-Royce in Maersk order worth GBP 54 million Norden lowers 2014 forecast to USD 290 million deficit Dutch offshore giant axes 1,200 employees Klaus Nyborg: Norden has been too optimistic Monjasa headed toward record revenue in 2014 Maersk Broker in dry bulk join venture with Lightship Svitzer wins fight for 12-year contract in Oman Media: Marine gas oil beats low sulfur fuel Several dry bulk carriers could collapse going forward Moody's: Stable climate for US container ports Monjasa moves its biggest business to Dubai Svitzer discussing collaboration with US-based competitor Danish bunker giant takes over part of OW Bunker Pacific Basin divests tugboats China places more yards on "white list"Maersk Tankers: Product tanker rebound is short-lived US deal looks like beginning of new Svitzer strategy This is Ocean Three's East-West network Major shareholder working to divest Hapag-Lloyd stake Engelstoft outlines unit plan for APM Shipping Services KfW: Sovcomflot loan benefits European industry Lloyd's Register: Many issues concerning new fuels Container customers benefit the most from low oil price Maersk Broker's new bulk venture ready to expand SeaIntel: Two alliances to compete on ULCCs in 2015 Capesize rates plummet to historic low Media: Italian police arrests Danish OW exec in fraud case UASC increases European presence Denmark wants to regain Top 5 on gross tonnage New German-Polish feeder collaboration in the Baltic Maersk's market value down USD 13 billion OMT: Interest in retrofit growing significantly Maersk starts oil hunt in the Norwegian Sea SeaIntel: The 10 worst container trades in 2014 OW Bunker presented DOT as golden egg in 2013 Dry bulk asset values rattling down day by day Investment bank could lose USD 52 million on OW Bunker The US cements Jones Act Rotterdam: LNG represents the future of shipping Benefits of new eco-ships undermined by falling oil price New vehicles reduce APM Terminals' CO2 emissions Scorpio Bulkers cancels six Capesize newbuildings Bugbee: Oil slide extends potential significantly Norden initiates billion dollar newbuilding investment Star Bulk in five-year deal with Australian mining company EIA: Lowest profits for OPEC oil export since 2010 Clarksons: Third straight year with container growth Scorpio Bulkers facing strong headwind among investors World's biggest scrapping yards looking to be approved Danish Fraud Squad arrests former OW Bunker exec German KG companies in million-dollar deal with Teekay Hong Kong shipowners criticize EU unilateral efforts on CO2 Major dry bulk carriers finish 2014 at standstill Former OW Bunker exec to go before judge on Friday Skuld hit by more claims from carriers Trustees chasing contentious OW company in Singapore This week's top stories on ShippingWatch Wärtsilä gets green light for LNG terminal in Finland Deep bulk crisis forces Lauritzen to impair USD 160 million Hafnia Tankers secures full financing for newbuildings EU will keep a close eye on Maersk Line and MSC Fredriksen: Stay away from the oil service sector Consultant: Actual risk of engine failure in ECA zones Hapag-Lloyd completes EUR 370 million capital increase Scorpio Bulkers divests another newbuilding Christmas on ShippingWatch Eitzen Chemical lands crucial capital agreement Media: OW Bunker threatened by collapse in October Clipper believes Alang beach is the right choice Wärtsilä: ECA development has been surprising Weak scrapping in 2014 bad news for container carriers Aegean takes over ships from OW Bunker Sliding oil price makes Maersk reconsider strategy Jens Grønning: Our optimism remains intact DSV has grown 25 percent in the US German multipurpose carrier in Chinese agreement Presenting the shipowners' agenda for 2015 These are the dry bulk losers entering 2015 DFDS beat everyone in transport and shipping in 2014 Maersk: Several uncertainties with low sulfur fuel The Norwegian Oil Fund sues BP for giant loss Rate increase on Asia-Europe petering out Equity funds more cautious about entering shipping No end in sight for the oil slide Tallink: No thanks to scrubbers 2015 will be a battle for the biggest container ships ShippingWatch wishes all our readers a Happy New Year Seadrill exercises option to buy drilling vessel Concordia Maritime extends contracts with oil major Investors in product tanker mercifully through 2014 OW Bunker management sued for USD 106 million Nordea: Norway's downturn in shipping and oil beats 1987 SeaIntel: Transatlantic will be next victim of instability Time is up - sulfur regulations start tomorrow Why more carriers opt out of using pilots in Nordic waters Investors prepare giant claim against OW Bunker management SCFI index down again this week Alfred Hartmann new head of German shipowners The alliances' roles in the 2015 container drama Russians acquire remains of STX yard in Finland The Nicaragua Canal is considering an IPO Maritime power center to pave way for growth in Indonesia Media: Svitzer to salvage capsized Höegh ship Shipping companies drawn to Luxembourg DP World to invest USD 1.9 billion this year Ultrabulk: Oil slide kindles overcapacity problems Korean yard giant wants orders for USD 23 billion this year Maersk's Russian port company plummets on the stock exchange NGO on Clipper's decision: Alang is never okay Shipbroker Gibson splits from owner These are Wärtsilä's three guiding factors Platou: Golden 2015 ahead for tankers Dutch company postpones new SECA route The English Channel dispute will be settled on Friday Russian prestige project gets billion-dollar subsidies Maersk paid USD 39 million to cancel ship contracts Maersk puts Greenland oil hunt on hold DNB optimistic about several segments in 2015 Weak euro hits Seago Line - and its customers Clipper establishes new Supramax dry bulk pool The Panama Canal will raise toll structure SeaIntel: Farewell to slow steaming with oil price of USD 50 Weak share prices could send carriers off Nasdaq Lundin cuts 30 percent from its oil investment budget Growing optimism for port solution on US West Coast Chinese investment boom could lift bulk rates Fredriksen's dry bulk giant secures work for 15 Capesize The first 10,000 oil jobs will disappear here:Thome Group brings in new CEO from DNV GL "We have no plans of becoming a soccer sponsor"Major German bank will sell ships in bundles to equity funds "Time for Somalia itself to target pirate kingpins "Fatal wreck shocks dry bulk and marine insurers Do you agree with the shipping leaders' maritime agenda?OW Bunker loss forces Wiljo to Chapter 11 Aegean takes over ships from OW Bunker in Hamburg Cosco scraps more ships as part of fleet renewal World's No. 1 scrap dealer recommends Alang US bulk giant preparing to issue shares Trading houses book supertankers for oil storage Eurotunnel leaves the English Channel to DFDS and P&O The low oil price has now reached the Danish yards This week's top stories on ShippingWatch Odfjell makes big cuts with new cost reduction plan Helsingor-Helsingborg sold to First State Investments US container volume growth projected in 1st half of 2015 Shipping.dk acquires Maersk Broker Agency Star Bulk in dive following share sale announcement SeaIntel: Baltic Sea ports seem to dodge sanctions IMO expected to put bauxite on the agenda after wreck Offshore carriers prepare for tough six months ahead Poor prospects for China's steel export in 2015 Election campaign for IMO top job begins Shippers on US West Coast: We're approaching gridlock Thorco: Multi-purpose under pressure in 2015 Nordic Tankers divests ships for USD 21.8 million OW Bunker's banks file giant claim against Norwegian subsidiary Nordea: Maersk carriers save USD 2 billion on oil China's General Nice acquires Greenland mining project Extremely few carriers use Bimco's scrapping contract World Bank downgrades economic growth forecast Pacific Basin performs USD 132 million impairment Shipowners pay large sums following OW Bunker collapse More attacks on tankers increased piracy in 2014 Intercargo warns bulk carriers of bauxite transports Maersk Drilling has gaping holes in its orderbook Shell ditches giant project following sliding oil price These are the tanker carriers' biggest customers Analysts: Oil industry about to make the real cuts Many container ships arrived late in December Another Greek bulk carrier violates Nasdaq regulations Flemming Ipsen new chairman of C-leanship Bulk Jupiter survivor: It happened very fast Media: BP to axe hundreds of North Sea jobs Tense prelude ahead of bulk carriers' annual reports CMP to establish low-sulfur fuel facility EU: Sulfur directive can cost carriers EUR 10 billion Shipping has resulted in 228 casualties in 3 years Arctic oil hunt impossible with materials available today Wiljo sells off bunkering activities EU tightens control of sulfur content in ship fuel Epic Gas CEO resigns Moody's: Shipping benefits from low oil price This week's top stories on ShippingWatch Norden's head of Panamax resigns after discord ABB lands USD 60 million order for cruise ships Deutsche Bank: Scorpio Bulkers needs capital SeaIntel: Cheap bunker could bring 20 pct more teu Straits Tankers: Daily rates up to USD 40,000 Drewry: Strong balance makes Norden attractive Cosco receives giant state loan for newbuildings CMA CGM volumes at 12 million teu in 2014 These are the biggest bunker companies in Singapore Alphaliner: Asian carriers preparing to order mega-ships Rio Tinto grew iron ore exports 17 percent in 2014 Norden changes its dry bulk organization Norway cuts oil budget by USD 23 billion Christian Bonfils resigns from Nordic Bulk Carriers Skuld completes management shuffle Belgian supertanker announces first IPO in 2015 BHP Billiton on track for growth targets Norwegian bulk carrier surprises with profit in dreadful year Maersk carrier launches world's longest feeder service Port giant PSA handled 5.8 percent more teu in 2014 Baltic shipyard Fayard in strong 2014 finish Discord with US-owner made Nordic Bulk CEO resign Mass layoffs in the oil industry increase every day Analysis: LNG fuel to reach 22.5 million tons by 2025 Kim Fejfer: Mega-ships force ports to more investments RAL ready to receive first of five new ships in June Trading houses charter more supertankers for oil storage Analysts: Did Scorpio miss out on product tanker rebound?MyFerryLink achieved growing revenues in the Channel Hundreds of ships' fuel to be checked in North Europe Maersk Line and DB Schenker in new partnership Thursday's first round of layoffs in Norway Semco Maritime expands in Houston Scorpio considers new bulk to tanker conversions Drewry: Pacific ports benefit from Panama expansion APM Terminals headed toward USD 1 billion result Euronav upscales New York IPO Delayed Chilean factory hits MCI in 2014 EU court shelves sanctions against Iranian shipping companies This week's top stories on ShippingWatch Scorpio Tankers in open dispute with analysts The oil industry's five guiding themes How MCI plans to beat its competitors Cosco in black following three deficit years Container carriers' battle for Asia-West Africa intensifies IMO agrees on definition for black carbon in the Arctic Port of Gothenburg lost speed in 2014 Bimco: No Greek palace revolution HSH Nordbank to eliminate USD 1.7 billion in shipping debt Alphaliner: Conflict on US West Coast enters critical stage Maersk Line and CMA CGM in new structure on West Africa UASC goes reefer shopping Four companies to handle large-scale Egyptian LNG import Nordic Tankers consolidates activities in Copenhagen Skuld: Low oil price could lead to more accidents Drewry: Alliances are better than their reputation Eitzen Chemical settles debt restructuring plan Nordic Tankers CEO: We now have a solid financial platform Negotiations on US West Coast reach key milestone New Greek government calls off divestment of Piraeus port Russian sanctions could become serious now SeaIntel: Rate slide ahead on Asia-Europe and the Pacific Torm eyes the end of two-year reshuffle Evergreen charters eleven ULCCs Eitzen CEO: Now we're ready for acquisitions Wärtsilä projects positive market growth in 2015 Stolt-Nielsen worried about the tanker market Expansive VLCC carrier back in black Container carriers less reliable ahead of the New Year Scientists: Nicaragua Canal could trigger eco-catastrophe Gazprom and Shell in significant investment cuts Hapag-Lloyd increases war risk surcharge on Libya Nordea: 2014 was a good year for shipping and oil European yards secured 17 pct more orders in 2014 Statoil shelves exploration in the Barents Sea Exmar down in historically strong year for gas transport PwC: Tonnage tax crucial for offshore carriers Mixed signals from Japanese carriers Return to calm at Hanjin Shipping This week's top stories on ShippingWatch Wall Street Journal: Maersk Line considers mega-vessels SeaIntel: California ports defy congestion Triton on Nordic Tankers: Things take time Statoil competititors see solid activity in the Barents Sea Clarksons completes Platou acquisition Norwegian Flex LNG postpones newbuildings Drewry: India boosts North-South container trade US West Coast drove container reliability down in 2014 Hempel boosts US venture with new acquisition OW trustees struggling with subsidiaries Media: Statoil looking to push Johan Castberg field Alfa Laval makes a profit of USD 497 million in 2014 DP World: We beat the market once again BP suffers billion dollar deficit in the 4th quarter Copenship files for bankruptcy Alphaliner: Improvements underway for non-operating owners Ardmore will continue to grow in 2015 Statoil has appointed new CEO Alphaliner: Wärtsilä's Chinese mega-deal is a blow to MAN Media: How Iranian oil companies elude sanctions GAC: Intense competition on hull cleaning MAN Diesel & Turbo: We will maintain position in China EU recycling regulation will allow beaching Platou recommends bulk investors to sell Scorpio Bulkers converts more Capesizes into tankers Maersk oil companies axe 120 jobs Nordea and DNB maintain top ranking in marine finance Sovcomflot boosts Russian-flagged offshore fleet Maersk ready for new oil investments China Shipping in massive deal with state-owned bank McQuilling: This is the tanker market for the next five years Dong performs massive impairments due to oil crisis Denmark publishes new anti-piracy strategy Copenship trying to save the rest of the company Air & Sea drove growth at DSV in 2014 Oil price sliced 4 bln USD from Statoil result in 2014 Dorian LPG more than doubles its revenue Sverdrup field not in danger of Statoil budget cuts Hamburg Süd expands cooperation with Ocean Three 2M creates new service between Gothenburg and Japan Trustee: Claims against Copenship pouring in This week's top stories on ShippingWatch Petrobras appoints new CEO Eurotunnel haunting the English Channel again Lloyd Fonds to rescue collapsed German KG ships Johan Sverdrup can withstand extremely low oil price Drewry: The market for ULCVs in deep split SeaIntel: Chinese New Year brings fewer cancellations in 2015 Prosafe believes in the North Sea in spite of loss Fitch: Growth in European ports has peaked KPMG and PWC to recover OW receivables in Singapore Dry bulk index at all time low Alphaliner: Shipowners flooded South America with capacity Golden Ocean in Capesize venture with four bulk carriers Debtwire: More debt deals on the heels of Torm and Eitzen Chinese billionaire new major shareholder in Seadrill Danaos points to stronger container market Moody's: Chinese ports face fierce competition Billung: Consolidation needed in tough market Fredriksen's bulk carriers complete merger deal Hafnia Tankers expands with four large product tankers Bunker quality getting back on track DNB: The great offshore test to come in 2015 Another Copenship company files for bankruptcy Western Bulk suffered USD 57 million deficit in 2014 Euronav's supertankers sailing at towering rates Investment plan for Sverdrup field could miss deadline Lloyd Fonds will have 30 ships in two years Odfjell predicts improvement in 2015 OW Bunker's key partner banned in Singapore Swedish TransAtlantic in black but eyes tough 2015 Shell CEO: Oil prices will remain low all year Western Bulk: Even strong companies can fail German sulfur survey: Almost everyone doing it right Chinese anti-graft watchdog will look into carriers Sverdrup partners fail to reach permanent agreement Danish minister: Denmark will use every drop of oil in the North Sea Wilh. Wilhelmsen hit on multiple fronts Seadrill cuts billion dollar order from Petrobras Report: Shipowners' response to sulfur requirements SBM Offshore leaves 2014 with million dollar deficit Maersk Oil CEO: "Details came out in our favor"This week's top stories on ShippingWatch DOT Singapore owes 329 million USD Bugbee: 2015 is already a tough year for bulk New German shipowner president welcomes equity funds SeaIntel: Maersk Line could win big on sliding oil price Rolls-Royce involved in Brazilian corruption scandal Container customers still paying high piracy surcharges in Somalia Drewry: Oil price neutralises low sulphur fuel cost WoodMackenzie: Johan Sverdrup is worth USD 11 bln China saw record high wood import in 2014 CKYHE to reorganize East-West networks Eitzen Chemical performs large impairment DSV: No global wave of acquisitions Iron ore price weighs down Fortescue in 2014 German shipowners warn against further out-flagging Port conflict paralyzes container carriers' reliability Trident Alliance: Still a long way to go in terms of sulfur Drewry points to improved dry bulk market by 2016 US port conflict creates historical chaos in shipping Moody´s ready to lift Hapag-Lloyd rating after merger Danske Bank: Offshore industry had become too costly Euronav looks like analysts' tanker favorite in 2015 Hamburg Süd settles South American acquisition Drewry: Rate collapse on intra-Asian services Go-ahead for 400 offshore turbines in the North Sea North Sea NECA zone efforts drag out BW LPG secures financing for seven newbuildings Denmark preparing new maritime growth plan Bugbee: Multiple year recovery ahead for product tanker Japanese logistics companies buy their way into global top Teekay Tankers: The best spot rates in six years Concordia Maritime expands Suezmax venture Hempel opens first factory in Africa Norden renegotiates contracts in struggling bulk market Analysts: Maersk Oil and Dong an obvious match Navios Maritime reduced its deficit in 2014 Record-low LNG rates could last for years LNG boosts Nakilat even further Shippers sharpen the tone regarding container alliances Concordia Maritime hopes to stay profitable in 2015 Mining giant Vale increases output in tight market Analysts see massive Maersk uncertainties in 2015 Banks in USD 500 million impairment for Torm deal This week's top stories on ShippingWatch Transport workers welcome new deal in US port conflict These will be the biggest container carriers after 2016 Oldendorff Carriers landed another surplus in 2014 Bunker market approaching normal after OW collapse John Fredriksen's oil company axes 1000 jobs Carriers: Uncertain bln-dollar ballast water market Morgen Stanley: Very few bright spots in dry bulk SeaIntel: CKYHE to increase competition on the Adriatic Clipper leaves Thorco board after dispute Platou: Dry bulk is this close to idling vessels Norwegian Aibel lands Sverdrup USD 1 bln order 16 SECA countries discuss sulfur enforcement Cleanup after port conflict could take months DSV targeting major customers in the US Seaspan's profit took a dive in late 2014 Dan-Bunkering dismisses its head of operations for Asia Finnlines optimistic about 2015 The Maersk Group made USD 5.2 billion profit in 2014 DFDS grew by 6 percent in 2014 Rough oil market dealt Farstad a deficit in 2014 HSH Nordbank: Asian investments a growing factor in shipping Maersk to divest all its shares in Danske Bank Smedegaard: 2M will strengthen Maersk Line result this year Kuehne+Nagel beat the market on seafreight in 2014 J. Lauritzen sees horrible 2015 ahead VLGC rates boosted Milaha 10 percent in 2014 Oaktree behind new US-based VLCC giant Large bulk carrier suffers new huge loss CFO leaves board at Thorco following Clipper Avance Gas sees good LPG market in coming years Maersk Line: Sharp prices on new ships Pacific Basin hit with huge deficit from weak market Robert Uggla: Big challenges for Svitzer in Australia Seadrill: We'll exit the downturn a stronger company Frontline 2012 surpassed all expectations in 2014 APM Terminals execs dismissed for breach of internal policies Greek banks looking to divest billion dollar shipping debt Welltec defies oil industry downturn Monjasa tanker detained in West Africa Fredriksen's bulk carrier Golden Ocean in giant deficit BW LPG doubles profits in 2014 Deep Sea Supply challenged on orders going forward This week's top stories on ShippingWatch Favoritism in India shakes APM Terminals MOL expands fleet with 4 large-scale vessels Thoresen Thai lands in black in 2014 Sulfur countries ready with two control proposals Welltec: Hard work withstanding plunge in oil price Crude oil boosted Maersk Tankers to massive profit VLCC divestments drove Scorpio Tankers' profit in 2014 Rickmers Group refinances debt for billions MSC takes steps to communicate more Deutsche Bank downgrades Star Bulk again Ultrabulk hires Copenship employees for new unit Trust in Norden remains intact despite dry bulk collapse Morgan Stanley: Alliances will not affect prices Søren Skou: The American market is on fire Soaring product tanker rates on the Atlantic Subsea 7 signs new million dollar contract with Shell Norden lost USD 416 million in 2014 Torm made USD 77 million operating profit in 2014 Smedegaard warned against corruption at Maersk Group The Panama Canal to reclaim its market share Where are the sulfur sinners in North Europe?Scorpio Bulkers lost USD 72 million in three months Torm seems a few weeks away from survival Norden: Brutal dry bulk market will continue in 2015 How carriers handled the conflict on the US West Coast DNV GL: Three things to drive innovation in the future of shipping Johan Sverdrup dispute flares up again The shipping industry's seven requests for the EU Alphaliner: Maersk to keep 23 percent of oil savings More equity Funds to exit shipping in 2015 and 2016 China's largest yard affected by arrest Torm's aging fleet matches new eco-design vessels Did APM Terminals' HQ sanction Pipavav deals? Danske Bank: Significant potential in Hafnia Tankers Violeta Bulc: Shipping needs investments in people Low bunker price puts on pressure the intra-Asian market Golar LNG in Russian gas collaboration Skuld: Safety risk with low sulfur fuel Claus-Peter Offen considering IPO in the US Statoil postpones two giant oil fields This week's top stories on ShippingWatch MSC sees mega-vessel limit at 20,000 teu Analysts: This is the strongest dry bulk carrier Hamburg Süd: Strong growth in 2015 Ramboll increases revenue despite sliding oil price Container carriers boost efforts against accidents OW trustees question financial reports from 2011-2013 Clarksons' result up 35 percent in 2014.Desmi positioning itself for ballast water breakthrough BBC Chartering: Multi-purpose off to strong start in 2015 Media: Maersk puts Esvagt up for sale for USD 580 million Dong "considering possibilities" of potential sale Canadian Algoma hires Ken Bloch Sørensen as CEO KG collapse slashes German container fleet control Team Tankers eyes stronger chemical market Maersk Line cancels Daily Maersk Fearnleys: Strong US market boosts successful gas giants Statoil is struggling to find partners Scorpio Bulkers takes new beating on the stock exchange Maersk Line changing course on fuel surcharge Equity fund made big profits on separated OW company Klaveness turns a profit in all-time low dry bulk market UN tightens efforts against refugees at sea Media: China's two largest yards pressured to merger Danish Ship Finance warns against another newbuilding wave Stena Weco charters four tankers from Aegean for five years Eagle Bulk Shipping appoints new CEO ConocoPhillips cancels billion-dollar North Sea project Major bulk carrier falters on the stock exchange Sulfur violators to get jail time in Hong Kong Wrist Ship Supply looking to grow in Asia in 2015 Only a few tankers are used as floating storages Evergas CEO new head of BW LPG West Coast conflict halts growth in US ports Altor will hang on to OW Bunker's sister company - for now Low oil price results in layoffs at Ramboll Hansa Heavy sends COO to Asia-Pacific World's biggest terminal company in slight setback in 2014 Slight loss in 2014 for the world's largest port company Media: Commerzbank's shipping portfolio halved in 3 years Clipper converts ships for sulfur requirements Helsingborg Port beat costs in 2014 Cairn Energy makes impairments on fields in Greenland OW trustees take up fight with major banks Kuehne and Fredriksen made the biggest fortunes in shipping Dry bulk shipowners ready to scrap young ships China is hoarding commodities like never before Erria's revenue skyrocketed by 24 percent Maersk Line appoints new CFO A2Sea: Offshore wind vessel rates down by 40 percent China: Seven percent growth hard to reach this year Bottom-line growth in 2014 for Viking Director resigns from APM Terminals in India Boskalis made USD 516 million in 2014 Media: Bankrupt STX yard to be liquidated Singapore will check the marine gas oil trade Dry bulk crisis brings Jinhui a deficit in 2014 Report: Scrubbers clean the air but pollute the sea Former OW executive will be extradited to Italy 2M and O3 have lost their lead on mega-tonnage Analysis: Container shipowners' profits far from sufficient China's yard giant to divest shipyard business Aegean increased revenue in tough bunker year UK plans lower oil taxes in the North Sea Bulk crisis cuts Ultrabulk's bottom line in half MPA: Difficult to prevent all bunker fraud Dry bulk meltdown could be a mere first warning Hafnia Tankers made USD 11 million operating profit in 2014 Russian crisis sent Global Ports into major deficit One-off item pulls Nordic Shipholding in black OSG reduced deficit in 2014 after years of crisis DHT Holdings lands USD 20 million on new contracts Ultrabulk: Our business model can survive the crisis Alphaliner: Carriers to deploy more ships to US East Coast Russian billionaire to sell North Sea fields after all Malaysia tightens bauxite controls after fatal wreck DP World exceeded expectations in 2014 Drewry: Longer delays for container shipowners in February Report: Norwegian offshore carriers lose 4.2 percent this year Analysts: Potential IPO for Hafnia Tankers in 2015 Clarksons: Big market for decommissioning in North Sea Transocean scraps four rigs and takes big loss Nordea Markets: Chinese slowdown could last for decades Clipper Group appoints CEO of Irish ferry operator Siem Offshore preparing to split the company in two European carriers calls for IMO action on scrapping DFDS faces unpredictable counterparty on the Channel Dry bulk merger: Worst market in 40 years Newspaper: Rickmers looking into New York IPO Danske Bank strengthens shipping coverage Brokers: No rate improvement for Capesize ships Several well-known shipping people join Dyrbye's C-leanship DP World: Alliances have surprised the industry Banks divest loans in OW Bunker Drewry: Global Ports will lose even more in revenue This week's top stories on ShippingWatch IMO wants industry's help with ballast water This is the impact of Hong Kong ECA zones on shipowners APM Terminals maintains its faith in Global Ports Asia-Europe services elude London Gateway SeaIntel: Rate increases every other month in 2015 Cargill: Access to insight is the differentiator Denmark opens the door to more pilotage providers Analyst: 11,000 have been laid off in Norwegian offshore EU leaders: Free-trade agreement with the US must be settled this year Statoil hits new gas pocket in Norwegian Sea DNV GL: Several risks with new fuel types Government aid to Greek port is against EU rules Newspaper: Eurotunnel has four buyers for MyFerryLink Alphaliner: Difficult to justify extreme rate jumps New vessels boosted Topaz' result in 2014 A2Sea: Declining daily rates will impact 2015 result Danske Bank: Freight volumes into Russia plummeting Petrobras scandal could hit Norwegian oil barons Fredriksen's dry bulk merger settled Morgan Stanley: Iran deal could send tanker rates soaring Alphaliner: Maersk has the highest oil surcharge on Asia-Europe EU puts 40 Iranian carriers on sanctions list Rickmers returns to dry bulk shipmanagement Drewry: DP World well-positioned for the coming years A2Sea: Rates for 2017 and 2018 going up Broad support for Torm rescue deal - this is the plan Hempel delivers best result in five years Novenco turns deficit into profit Sovcomflot in black in 2014 Dorian in ambitious pool cooperation with Mitsui Sales of second hand container vessels peaks SeaLand eyes market growth of 4-5 pct. this year Unifeeder impacted by decline in Russian market Torm obtains forbearance from lenders Oil hunters shy away from new projects This is Norden's ten-point savings plan Maersk Line orders seven container vessels CSAV provides new CFO for Hapag-Lloyd Hapag-Lloyd in USD 656 million deficit for 2014 Analysis: Oil companies cut budgets by one third in 2015 Maersk Supply Service rejects Danish flag for new ships Torm's board has completed set task CMP's revenue benefits from growth in RoRo Maersk Line transfers thousands of contracts to SeaLand SeaIntel Consulting: Hapag-Lloyd faces huge challenge Viking Supply Ships lands USD 100 million order Yemen conflict could hit key shipping routes This week's top stories on ShippingWatch Torm loses head of tanker to Singapore competitor Habben Jansen: Decision on mega-vessels in 2015 HSH increases expected use of state guarantees Torm secures signatures for new rescue deal MSC's Northern European company doubles profits CMA CGM improved annual result by 43 percent SeaIntel: Easy to cheat sulfur control at ports CT Offshore multiplied profits in 2014 Maersk Chairman considers more divestments The price of iron ore hits lowest level since 2007 Container shipowners in new rate-turmoil in 2015 DryShips sells tanker fleet to CEO Shipowner to equity funds: Stop buying ships Drewry: Shippers are now noting rate increases Alphaliner: Maersk Line and MSC could expand cooperation Pension funds ready for lawsuit against OW Bunker Nordea: Damco and Maersk Tankers potential divestments Iran ready to release huge amounts of oil Fewer accidents please maritime insurance companies BP Shipping: Transition to ECA is a positive experience Shipping and oil struggle on Oslo Stock Exchange Iran and Russia: Nuclear deal to be settled Wednesday Media: Threat of new Somalian wave of piracy Hamburg Süd retakes first place in reliability Grimaldi: Russian crisis calls for acute reaction HSH Nordbank: Only gradual recovery in shipping Australia wants stricter sulfur requirements These are the candidates for Secretary General of the IMO Drewry: Russian crisis casts shadow on Port of Hamburg German Rickmers invests USD 260 mio in new ships Easter on ShippingWatch DVB Board of Directors hires new shipping chief SeaIntel: Container rates plunge to all-time low Dry bulk shipowner: We beat the market by far Rescue plan for German KG ships fails first try Maersk Line to save 60 percent on fuel by 2020 New major American member of Trident Alliance Analysis: Major discount on newer dry bulk vessels Equity funds impair confidence in shipping Oil companies and shipping getting ready for historic Iran deal New York port authority hit by scandals Shell offers GBP 47 billion to acquire BG Group J. Lauritzen to sell ships to obtain liquidity FMC to discuss congestion and alliances next week Media: China Cosco in on trend with mega-vessels Team Tankers hires former OSG head as chairman Analysts: One year for Iran to reach normal oil output Korea's biggest yard is investigated for tax irregularities Bulk carriers will be drained of capital in 2015 Record volumes for Maersk in Mumbai terminal Swire Blue Ocean: New strategy in the pipeline Pacific Basin to raise USD 125 million through bond loans Low bunker price boosts Stolt-Nielsen in Q1 Shipcraft sells out and shuts down EU maintains iron grip on Iranian shipping Braemar in large board reshuffle Shell could beat arch enemies with new acquisition Two dry bulk companies unite fleet in merger Viking feels waves from crisis in offshore Global shipping in outcry over catastrophe in Mediterranean Royal Arctic Line: We are financially vulnerable Viking Supply Ships AB appoints familiar CEO Lloyd Fonds disappointed by KG failure New Maersk boss: Big data is the next revolution Monjasa ship released by authorities in Angola Iran's leader calls for sanctions to be lifted in one swoop China intervenes after new iron ore price drop Saudi Arabian tanker giant lands ten-year contract Rickmers upgrades container ships for USD 50 million VLCC rates now exceeding USD 60,000 per day Maersk ready to target Iran after nuclear agreement BW LPG orders four new VLGCs Ramboll Oil & Gas makes big cuts in Norway NGO: This many ships were beached in the first quarter New job cuts on the way at Statoil SeaIntel: Mega-vessels reduce shipowners' flexibility Maersk: We don't just build big because we can Oil companies scrutinizing suppliers to cut costs Semco acquires Norwegian offshore from Bergen Group Evergreen to invest USD 700 million in 20 feeder vessels J. Lauritzen repays remainder of expensive bond loan Canceled newbuildings could push tanker market to boiling point Maersk Supply Service under daily pressure from customers SeaIntel: Railroad stealing market shares from ocean freight Strong Swiss Franc impacted Kuehne+Nagel 1Q result Price of iron ore calls for cuts at Fortescue Arab tanker carriers discuss merger Pareto: Fredriksen could reconquer tanker market The last part of Copenship to file for bankruptcy Thursday Japan's Weathernews expands in Europe NGO: Flag states blocking more responsible scrapping Alphaliner: Room for further decline in record-low container rates NGO: Ships are less energy efficient than in 1990 Significant demand for small container ships Lower growth in the world's ports Fredriksen eliminates final obstacle for tanker giant Wintershall approaching first Danish oil production Deloitte could risk giant claim in OW Bunker case Pierre-Yves Jullien resigns as Hempel CEO Drewry: 2015 another year with too many mega-vessels New heavy lift carrier established in Hamburg Bulk carrier warned of potential forced delisting Unclear if Torm will refill position after tanker head resigns Meyer Werft acquires all of Finnish Turku CEO: Here is how United Heavy Lift will succeed 30 supply ships without work in the North Sea Bimco: Low growth rates are the new normal in the industry DMI: Room for competition from Weathernews Scorpio Bulkers launches sale of newbuildings Port of Hamburg: The entire Baltic Sea is hit by Russia's downturn German bunker supplier opens office in Denmark Antwerp Port starts 2015 in strong form Maersk Oil to lay off 200 employees NGO praises Boskalis for new scrapping practice Port of Rotterdam entered 2015 on a roll Significantly improved reliability for container ships in March Militant forces in Yemen take airport and oil terminal World's largest oil service company fires 11,000 Container rates hit by new severe decline SeaIntel: Customers beat container carriers on rates New Evergas CEO: We need to start on LNG Last week's top stories on ShippingWatch J. Lauritzen's owner puts headquarters up for sale EU ministers summoned after new shipping catastrophe Danish Maritime Days ready with first program 2015 Port of Hamburg: Expansion for mega-vessels will happen this year CEO of Maersk Line's feeder carrier to APM Terminals Orders for tankers at highest level in eight years Torm has lender support from 92 percent of lenders Esvagt delivers record-profit in tough offshore market No orders for oil rigs at major producer SeaIntel: IMF prognosis puts pressure on India and US ports Hapag-Lloyd orders five new container ships Svitzer in large-scale merger with US-based Crowley How Singapore and Denmark will target maritime growth Nordea CEO: Shipping needs to adapt EU to reinforce maritime patrols in Mediterranean The US sends warships to Yemen to protect shipping Shipowners: NGO environmental critique is imaginative Ardent CEO: We'll be the biggest salvor in the world Shipowners: EU can no longer ignore humanitarian disaster Deep Sea Supply appoints new CEO Carsten Plougmann steps down as CEO of Maersk Supply Two tankers hijacked per month in Southeast Asia Container rates from Asia dive below USD 300 OW Bunker fraud-suspected exec heads to Supreme Court Panalpina beat the market on ocean freight in Q1 Norden chairman: We made one big mistake Wikborg Rein: Fierce disputes to follow oil plunge Rolls-Royce appoints new CEO Scorpio Bulkers confirms sale of newbuildings Terntank ready for newbuildings in short sea Container carriers launch price war on the Atlantic Reederei NSB retrofits ships in new energy project Baltic yard giant will grow 10 percent annually German shipowners call for Merkel to aid refugees Chinese banks want in on quality shipping Fearnley: Spot rates on crude oil transports have peaked Doubts about security off West Africa after elections Foreign bunker companies with OW people enter Copenhagen Offshore crisis forces Polish Remontowa to be innovative Hamburg Süd hit by slowdown in Latin American key market Trafigura increases trade of Russian oil Petrobras scandal costs billions of dollars HSH Nordbank sells 14 distressed ships to Navios Shippers want to monitor container alliances on three main trades Norden Chairman: Dry bulk must adjust to new reality Slight decline for Alfa Laval's maritime business Will China build 50 giant dry bulk vessels?300 newbuildings blocking for healthy container industry New Royal Arctic Line CEO: A time of change for Greenland Arctic Council will meet to discuss future strategy Wärtsilä hit by low oil price in the first quarter This week's top stories on ShippingWatch Media: Hamburg Süd wants to join Ocean Three SeaIntel: Low rate levels are new reality Carsten Mortensen ready for expansion at BW Group Decline for Rickmers Maritime continues in 2015 Researchers: Explosive market for ballast water systems Drewry: Faster Asia-Europe transit is an illusion Golden Ocean divesting bulk vessels on a large scale Scorpio Tankers made USD 40.7 million in Q1 British government opposes BP sale Fredriksen has lost USD 3 billion on oil slide and bulk collapse Profits at Scorpio foreshadow big boom in product tanker Seaspan confirms purchase of seven newbuildings Clarksons: Container fleet up 6.2 pct this year Deutsche Bank: Booming VLCC rates pull Euronav way up Milaha grew across the board in Q1 d'Amico International Shipping enters the LR1 segment Big price differences in low-sulfur fuel Millions in EU funds to kickstart big data in shipping Scorpio Bulkers in USD 52.1 million net loss for Q1 Reederei NSB moves crewing to the Philippines Iran detains cargo vessel Maersk Tigris Desmi gears up for expansion in 2015 Concordia Maritime: Strong start to 2015 Norwegian oil supplier fires 400 employees Subsea 7 improved net result in tough market DSV: Rate slump on Asia-Europe could delay transport Container shipowners intensify battle for US East Coast DHT Holdings stays in the black in Q1 This is Maersk Tigris' route through the Strait of Hormuz CMA CGM acquires stake in Indian logistics group Iran: Debt must be cleared before Maersk vessel is released Seafreight continues to grow at DSV US logistics group in billion dollar European acquisition Euronav begins 2015 with significant growth Billion dollar impairment sends Statoil into the red Controversial OW Bunker exec back in business in Singapore APM Terminals and Port of Gothenburg in open conflict Scandlines grew its revenue as well as profit Maersk Line: Million dollar claim triggered Iran dispute DFDS will transport more cargo by rail ShippingWatch is closed on Friday May 1st Belgian Exmar in first quarter setback SeaIntel: The new mega-vessels sail on time Clipper Group CEO appointed new head of Odfjell UACC achieves first positive result in 5 years Maersk calls for Iranian documentation on Maersk Tigris Important deal down the drain for Semco Maritime Organizations: Shipowners could be squeezed on ballast water Kristian Mørch: Odfjell must strengthen its position Clipper looking at opportunities in collapsed bulk market Statoil CEO points to possible acquisitions Fewer containers through Port of Gothenburg US Navy escorts British ships past Iran Lightship: Significant gains in volatile 2014 The US FMC considers fines for shipowners Drewry: Hamburg Süd to strengthen alliance INTTRA sets up European headquarters in Copenhagen Nordsøfonden makes huge impairments in 2014 Panama Canal gets go-ahead for new price structure Maersk opting to be "more cautious" at Iran Possible breakthrough for Golar LNG with new contract Maersk in talks with Iranian courts for detained ship Profits up by 30 percent at Ross' Navigator Analysis: Room for much tighter efficiency in new ships Statoil points to new chairman Golar LNG in negotiations for another FLNG vessel Western Bulk lands a profit in first quarter Speculations in Chinese container merger resurface Iran to release seafarers once Maersk has paid Big players dragged into Petrobras scandal Western Bulk: Only the industry can change dreadful bulk market Odfjell improved operating result but lost USD 15 mln on bunker Maersk Oil: We are being challenged in Qatar Maersk and Rickmers: Maersk Tigris released These are the points of contention for the MEPC Goldman Sachs: Dry bulk crisis until 2020 Lower Danish offshore tax needs EU approval Global hunt for tax evaders could hit shipping MSC takes steps to broaden social media presence d'Amico International Shipping turns a deficit into a profit in first quarter Viking Supply Ships lands deficit in exhausted offshore market Semco Maritime takes big hit from low oil price in 2014 Many offshore vessels without employment in the North Sea Strong dollar benefited Wilh. Wilhelmsen in 1Q China's plunge in exports surprisingly big in April Shipowners: German navy should rescue refugees outside of EU zone Kvaerner lost revenue in the first quarter Masterbulk places 16 dry bulk vessels with Rickmers Slow ballast water ratification could disrupt innovation China drawing the last air out of the dry bulk sector Subsea 7 lands million dollar North Sea contract Last week's top stories on ShippingWatch Wilhelmsen and Diana to operate dry bulk ships together Media: Maersk close to ordering giant vessels in Korea Clarksons expects better result in second half of 2015 Every third VLCC contract is for a floating oil deposit DFDS introduces whistleblower system Drewry: New elimination race in the container industry Tough market forces SBM Offshore to further layoffs Port of Gothenburg and APM Terminals to hold crisis meeting Scorpio purchases four LR2 product tankers Maersk Drilling hires new CCO from Transocean Tanker sends Norden into the black in Q1 J. Lauritzen lowers forecast to minus USD 50-100 mln in 2015 Impairments pull DryShips into new deficit Nordic American Tankers benefits from oil boom Statoil makes executive changes and forms new business area 93 LPG newbuildings in 2015 worry Ultragas Norden: The strength of our strategy has now emerged Select mega-fields could change global tanker traffic Lauritzen CEO: Bulk will be under pressure until 2017 Weak LPG market keeps Epic Gas in the red Maersk Line delivered USD 714 profit in Q1 Hafnia Tankers seeks New York listing Habben Jansen lands profit at Hapag-Lloyd Torm delivers first profit in five years Denmark and Cyprus fight for IMO Secretary General position Team Tankers began the year with modest profit Smedegaard: Breaches at APM Terminals were severe Clarksons Platou: Is Maersk Line losing the battle?ShippingWatch is closed on Thursday May 14th Gains for DVB in spite of tough shipping market Ballast water hinges on several wild cards Jacob Meldgaard: We need to do even better Maersk Line prepared to shut down services Analyst: Hafnia in stronger result than expected Moody's upgrades CMA CGM's rating DFDS loses Battle on the Channel New initiative to kickstart Green Ship of the Future IMO moves forward with global sulfur requirements Skuld's bottom line cut in half in 2014 Costs will divide product tanker carriers in 2015 Last week's top stories on ShippingWatch Endofa plans Danish headquarter DFDS: Disappointing ruling in Channel dispute Odfjell: Carriers must take responsibility for the crisis Alfa Laval signs up MSC on ballast water IUMI: Four major risks for marine insurers Drewry: Carriers gambled on new mega-vessels Maersk Line to share ships with MOL and MSC in South America Maersk: We are hit by the crisis in Russia DSV sets sights on Latin America and Africa Shell's BG acquisition places giant gas field at risk DNV GL grows and announces layoffs CMA CGM quadruples its first quarter result DFDS rival: A big victory for customers and employees Oil projects for USD 100 billion have been shelved Laurence Odfjell's winding road into shipping Korean yards hoard orders for ultra large vessels Avance Gas: Strong VLGC the next 18 months Braemar improves result after merger Semco secures deal with Bergen Group after all Port of Hamburg delivers best first quarter ever Alphaliner: Will Maersk Line acquire APL?Media: Authorities to challenge Russian bunker market Ships continue to leak out of Swedish merchant fleet Vale and Cosco in billion dollar VLOC deal Drewry: Container carriers' reliability on the rise Singapore's shippers worried about container alliances UK Competition Commission will appeal Channel ruling XO Shipping improves result in 2014 Sovcomflot projects significant improvements in 2015 IMO steps on road to international CO2 monitoring BW LPG: Best quarter for gas ever Media: Maersk drawn into Brazilian corruption scandal DFDS raises full-year 2015 forecast New CEO of Rickmers' subsidiary Maersk Supply Service idles more ships in the North Sea Deficit-making APL continues cost reduction efforts Lloyd's Register appoints new CEO Only one thing really bothers DFDS' CEO Siem Offshore hit by the North Sea oil crisis Drewry: Smaller gas carriers challenged by sliding rates Oil boomer Welltec: 2015 is highly uncertain Maersk Broker delivered significant growth in 2014 Höegh LNG cuts deficit in first quarter Stolt-Nielsen and Sungas divesting shares in gas giant Zim lands profit after restructuring Svitzer in bid to raise Korean ferry Sewol Maersk one of several suspects in the Petrobras affair Major confusion in Brazilian bribery case against Maersk Major shareholder hit by Norden's downturn ShippingWatch is closed Monday May 25th Stena Bulk to expand its tanker fleet Last week's top stories on ShippingWatch Stolt-Nielsen sees weak chemical tanker next three years SeaIntel Consulting: Asia-Europe infecting the whole world Gener8 Maritime headed for New York IPO Crude oil rates reach five-year high Drewry: Growing container transport on the Atlantic NGO: IMO's CO2 efforts fail again Employees accept pay cut to save Norwegian yard Container rates down 25 percent in five years Welltec lands framework agreement with Shell USD 100 million for maritime research Container shipowners fight for intra-Asian routes Nordic Shipholding grew in the first quarter Greek shipowners profit on massive tanker boom Media: Iraq to boost oil export to record levels BW Offshore under pressure from oil price in first quarter Media: Stena Bulk declines IPO Atlantic Petroleum seriously squeezed by low oil price Morgan Stanley: Frontline back in top form Swedish shipowners believe in tonnage tax from next year Chinese companies ready to buy stakes in Fortescue Seadrill reduced its deficit in the first quarter Chairman: Nordic Shipholding aims to grow Golden Ocean Group in major Q1 impairment DSV CEO: Long road ahead for US growth business DNV GL appoints new CEO Martin Ackermann gets new CFO at BW LPG CMA CGM: Massive growth in US container import Clipper's Danish business now profitable again NordLB's shipping business positive for the first time in three years Golar LNG making money again Lloyd's Register lands Maersk's new container ships OECD questions benefits of new ultra-large vessels Bergen Group still running at a deficit Drewry: Strong potential in Russian port giant Frontline delivers USD 31 million profit Svitzer buys into the Brazilian market Jinhui achieves small profit in rough dry bulk market Weak newbuilding market hits Erria Golden Ocean: Scrapping and no newbuildings are upside in bulk Frontline 2012 ready for New York IPO this year Nordea has reduced its appetite for shipping SeaIntel: Maersk Line partner ranks worst in reliability HSH Nordbank seeks EU assistance Scan Group targets growth in Asia and the US Rickmers turns away from German ownership structure Maersk Line does not recognize criticism of mega-vessels SeaIntel: Sharks lurking beneath surface of container industry APM Terminals lays off striking dockworkers UASC expands with new EU-US service Ardent forms joint venture with African Subtech Deep Sea Supply notes sliding income from ships Lett lawyers want bigger share of shipping customers DNV GL: Shipping slow to embrace LNG Unifeeder affected by severe competition in North Europe Maersk order for new mega-vessels draws near DanPilot lands improved revenue and profit Lloyd Fonds earned less in 2014 Why Eurotunnel is not up for another round on the Channel Drewry: Lasting tanker rebound hinges on the US These are the OECD's recommendations for mega-ships Maersk exec appointed CEO of struggling oil company Maersk orders 11 new mega-vessels for USD 1.8 billion Maersk draws on low yard prices for new mega-ships Hansa Heavy Lift: Huge challenge with overcapacity in Asia Norway now ready with new maritime strategy Blue Water Shipping's bottom line grew 80 pct Media: Thorco drags down Stadil family company Rickmers Maritime CEO to Eastern Pacific Shipping Copenship CEO is back in dry bulk shipping Thorco Shipping has exited super heavy lift Norwegian shipowners: Maritime policy more important than ever Shortage of ships could hit US gas export 600 jobs cut among Norwegian offshore carriers Law firm: New EU regulation enables easier ship arrests 2M gets average fleet size of 17,000 teu on Asia-Europe Poland withdraws sale of Polferries Unifeeder retakes large volumes of freight Dubai launches maritime advisory center South Korea takes the lead on container and tanker Ultragas CEO: Two dark clouds hover over LPG shipowners Container quay at Gothenburg ready ahead of schedule ExxonMobil: Industry stressing over global sulfur requirements Statoil's three scenarios for developments ahead of 2040 MAN boosted by engine division in tough 2014 Evergas lands small profit in 2014 Dorian LPG is hungry for 2015 Scorpio Bulkers divests another five newbuildings Shell praises "wonderful" Iran Delayed projects cost Bladt its profit Aker takes Mexico Danish oil service company fires every tenth worker Blue Water Shipping sees increased growth in 2015 Lowest growth in the world's ports in five years Oslo enters the global top five shipping cities This week's top stories on ShippingWatch Asia-Europe price war pushes rates to new low DFDS to acquire Eurotunnel's ferries on the Channel Scandinavia wants Nordic maritime arbitration Maersk CEO: Small container shipowners will struggle Kvaerner lands new giant Sverdrup contract SAL Heavy Lift: New ships but same size fleet Eurotunnel hopes DFDS will secure French workers Shell drops major contract with Danish helicopter company 42 fewer offshore rigs active in one year Maersk Container Industry struggles with huge losses Svitzer enters Malaysia with new joint venture Morgan Stanley: OPEC meeting good news for tankers Nordea: DFDS to make solid profit on the Channel South Korea plays dark horse in race for IMO top job China considers new environmental requirements for shipping Hafnia Tankers plans IPO in the fall SAL Heavy Lift: Owners are a major strength Trading houses flip record oil volumes in Singapore Jasper expands its business to contract management Greek shipowners order tankers for billions Principal net wage case goes to Denmark's High Court Order boom for ultra-large container vessels in 2015 Nordic Bulk Carriers lost USD 5.2 million and its equity 3,500 shareholders versus OW Bunker's senior exec team Statoil ready with new board of directors UK Court approves Torm proposal for creditor meetings Struggling Scorpio Bulkers seeks USD 200 million on NYSE SAL Heavy Lift's Asia director heads to Hamburg MSC wants to raise its reliability Drewry: Strong product tanker pulls ships from chemical segment Maersk spending millions to keep struggling Damco afloat Kristian Mørch will join Odfjell on August 1st Seago Line lands profit of USD 166 million Navios: Second HSH deal more attractive than the first Piracy costs more than USD 3 billion a year Long-term crisis forces Siem Offshore to new debt plan Stolt-Nielsen and Golar LNG shake hands on LNG deal MCI: Premise for Chilean factory stands firm Topaz: The oil market is a bloodbath Ericsson and Cobham will drive big data in shipping Vale: China will strengthen iron ore market in second half of 2015 Danish Ship Finance preparing for sale Nigeria accuses Monjasa of illegal bunker trade Statoil preparing biggest round of layoffs so far Euronav: In talks to acquire four VLCCs Who are the future maritime leaders?DFDS will take over Eurotunnel's ferries in a few weeks Erria and Dong launch collaboration for offshore vessels Last week's top stories on ShippingWatch APM Terminals invests USD 1.5 bln in new port in Ghana Norwegian lender worried for offshore vessels Odfjell Drilling wins major contract for Sverdrup Epic Gas: The future belongs to big vessels Topaz ready for expansion drive in toxic offshore market SeaIntel: Container rates drop below zero OW Risk Manager: We should never have gone public Stena Weco provides profit at Dannebrog Rederi Evergreen: Capacity expansion outpaces cargo growth New IMO regulations for gas sailing from 2017 Gener8 hopes to raise USD 285 million with IPO Siem Offshore loses tax case against financial police Nordana struggling with a negative bottom line Swedish fund pumps millions into Nordic Tankers Statoil in massive round of layoffs: 2000 jobs to be cut The US closely monitoring new container alliances Euronav finalizes acquisition of four VLCCs Marine insurance CEO: Two big threats to shipping Owner lent Thorco USD 38 million Ardent takes oil recovery to new depths Thorco CEO: We will be more aggressive in the market Statoil warns of new cost reductions Lloyd's Register to classify the entire Norden fleet Transocean fires 250 employees in Norway The New Suez Canal expected ready by August US authorities clear major Shell acquisition Marine insurance company: Niche effort paying off IMO leaves cyber security to the industry Alphaliner: Destructive container price war hits new low Stena in big profit after Helsingor-Helsingborg sale Norway has lost 22,122 oil jobs in less than a year Media: Pan Ocean-owner in debt plan attempt Euronav CEO: Shipping enjoys the climb Danish MEP criticized for side jobs in shipping Container carriers' reliability improved again in May Major divestments for Wintershall in Norway EU maritime strategy not ready until 2017 Maersk sends senior execs to economic summit in Russia Lloyd's Register believes in LNG Shippers want systematic monitoring of container carriers Agreement to intensify global control of container shipowners Fredriksen orders six supertankers Container ship owner wants IPO in New York Law firm sees potential in oil bankruptcies Scorpio Bulkers takes precaution against hostile takeover Wärtsilä lands scrubber contracts for three ships New Panama Canal will benefit US East Coast Iran negotiating oil contracts Bladt and Semco win contract for Belgian offshore wind farm Last week's top stories on ShippingWatch DFDS CEO top contender as new ECSA chairman Russian container industry in severe decline Singapore confident in growth despite Chinese slowdown NordLB: We're successfully transforming the portfolio DFDS acquires two ferries from Eurotunnel Singapore shipping: Difficult to attract youth For sale: Norwegian oil activities for USD 6.5 billion China penalizes 21 carriers for competition distortion Monjasa's appeal case in Nigeria swept aside Global steel output down two percent in May "The shipping industry is too conservative and passive"NordLB looking to reduce exposure to container Almost 200 jobs to be cut at Maersk Drilling Media: APM Terminals halts activities in Houston Container carriers believe in EU deal before 2016 New Polish ferry operator targets the Baltic Sea Transocean lands contracts for USD 109 million New Rickmers Maritime CEO ready for growth Odfjell exits European shortsea market Shippers to put pressure on carriers through reliability Drewry: Shortage of ship officers is declining Chaos and tire burning in protest against DFDS takeover Major Polish port attracts big container carriers Ocean Three in major reduction on Asia-Europe Norden projects significantly better result in 2015 China extends lucrative scrapping subsidies by 2 years Jens Ismar: Western Bulk challenged on newbuildings Russia is now the top oil supplier to China Nordic American Tankers criticizes competitors for "gigantomania"Eurotunnel: No alternative to DFDS agreement Maersk Oil targets increased growth in the North Sea New Norden CEO: Bulk will become interesting again DFDS CEO: We did not negotiate under pressure Rates for major bulk vessels up almost 50 pct Exmar raises USD 200 million for FLNG project Competition law in Hong Kong could displace Maersk European shipowners: "We tend to sit on the fence"Clarksons Platou: Offshore carriers must idle ships on large scale Tanker giant Gener8's IPO looks like a disappointment Maersk Broker and Lightship cancel planned partnership Miserable Wall Street IPO for new tanker company Torm expects finalized deal in July Pension giants launch OW Bunker legal battle Danske Markets upgrades target price of Norden share French union warns of new protests against DFDS More than 800 Norwegian oil workers fired in 10 days Lightship: Unfortunate split with Maersk Broker Cosco orders nine ultra-large vessels Last week's top stories on ShippingWatch John Fredriksen sells oil company to Chinese buyers Greek lenders want higher shipping taxes Why Maersk was fined by China for distorting competition Tomorrow the IMO will elect a new Secretary General Morgan Stanley: Greek shipping unaffected by crisis Fearnley: Dry bulk asset values plummeting Carriers racing to use the new Panama Canal Report: Cosco falsified financial reports EU presents record-size transport investment plan Investment bank raises expectations for tanker carriers Eurotunnel confirms DFDS deal Carriers anxiously await new competition law in Hong Kong Tanker carriers counting down to Iran nuclear accord Nordea: Hundreds of oil rigs will be retired Shipowners fear US protectionism ShipServ opens office in Singapore Statoil awards new Sverdrup contract to Samsung South Korea wins IMO top job Petrobras cuts 41 percent from five-year E&P plan Thousands of rig jobs at risk on Norwegian shelf Team Tankers owners break with Jens Grønning Nordseth: Of course I'm disappointed Huge loss for Greek dry bulk giant CMA CGM lands huge deal with China Monjasa enters into new credit deal with major Dutch bank Big LNG venture between Exmar and Fredriksen-companies "Angmo" to head shipowners in Singapore Maritime Authority: Sulfur cheating not as serious as projected South America next battleground in container price war Torm projects USD 100 mln operating profit for H1 Chairman takes over as CEO of Clipper Group Fredriksen makes his move and establishes global tanker giant DFDS offer on the English Channel flat-out rejected Scandlines owner ready to snatch up Esvagt Maersk secures bigger share in Sverdrup field Improved chemical tanker benefited Stolt-Nielsen in 2Q Confidence in shipping drops to seven-year low Banks approve Siem Offshore's debt plan Bunker Holding: Trust has disappeared after OW collapse Greek chaos causes many shipowners to consider relocation Media: Lauritzen venture postpones hotel vessel New Clipper CEO: I am not a transitional leader Media: Maersk Line and colleagues ponder Brazilian acquisition USTC group delivers record annual report Semco in Norway wins big order from Songa Offshore Norwegian shipowners: Offshore will get worse in 2016 Axis Offshore: We're sticking to hotel vessel order Last week's top stories on ShippingWatch Greece votes no in referendum UASC goes on major reefer shopping spree World's largest car carrier vessel will strengthen competitive edge Clipper Group sells major stake in Mols-Linien Baker Hughes lands huge Sverdrup contract Avance Gas: We are making super profits on VLGCs Bunker Holding acquires major US-based competitor John Fredriksen's elaborate hat-trick China to lift ban on the major Valemax vessels Drewry: Gdansk becoming more important for container carriers Equity funds acquire Esvagt for hundreds of millions J. Lauritzen makes more impairments due to terminated deal Bergen Group CEO resigns UN agencies take new step to help refugees at sea Nuclear deal will send huge oil deposit on the market Rickmers Group: Now we must expand French oil giant Technip to fire 6000 employees Drewry: Container carriers lucky to break even in 2015 Torm's restructuring approved Farstad lands contracts in struggling offshore market Oil rig collapsed in Maersk field Former Clipper CEO lands top job at dry bulk carrier Container freight to Hamburg down this year Shell is days away from major oil hunt in the Arctic Islamic State targets Suez Canal Greeks hold significant portion of global container market OW bankruptcy boosts Dan-Bunkering to record levels Maersk Line orders new ships for USD 1.1 billion Norwegian oil executives take a dive in wages Maersk Line: We need more versatile ships Norway's new strategy brings more ships under Norwegian flag DFDS invests millions in Scottish route Capital control keeps Greek ships trapped in ports Evergas-owner in Chinese deal for USD 900 million Insider trading case hits Norwegian oil sector "I would absolutely have done the same thing today"Investors: Maersk faces investment crisis Money at Maersk is gathering dust Analysts: Alarming number of pirate attacks in Southeast Asia Sulfur violators fined in Norway Asia-Europe rates in 20 pct setback How the crisis could impact the Greek shipping industry Japan could create the world's largest VLGC player Greek government will sell ports This week's top stories on ShippingWatch Brazilian oil giant faces lawsuit of USD 98 billion Navig8 generates USD 500 million in newbuilding sales Former OW subsidiary acquired by investor group Major bank puts Greek shipping business up for sale MAN: We have our share of the market for ultra-ships Swire Blue Ocean suffered a deficit in 2014 Several container shipowners now provide app services Head of Odfjell Tankers steps down Torm completes restructuring More newbuildings join the fleet at Scorpio Tankers BP faces more billion dollar fines Nordic Tankers currently experiencing record months Nuclear deal sends oil price to new low Maersk Drilling sends unemployed rig to be scrapped Chinese billionaire takes another slice of Seadrill Stena's growth driver in tough offshore market Torm Chairman presents the rise of a Phoenix Sverdrup partner appeals distribution of the Norwegian giant field Milaha changes CEO Endofa brings in CCO from Russian bunker company Panama retakes first place ahead of Suez How the Iranian nuclear accord opens doors for shipping Wärtsilä wins engine order for CMA's giant vessels Chinese companies will raise Korean ferry Sewol Hapag-Lloyd chooses banks for IPO US container imports move east Norwegian yard group declines on the bottom line Ballast water boosts Alfa Laval's marine division Røkke's son will head former Aker company Lauritzen Head of Asia: Dry bulk is burning through cash Media: US lifts sanctions against Iranian shipping companies Höegh LNG sells vessel to Chinese energy company Newspaper: Sale of NOL has begun Huge layoffs at Wärtsilä due to weak shipping market DSME warns of arbitration case against Songa Offshore Mining companies compete intensely for Chinese market Breakaway employee from Rio Tinto starts new shipping company Stena Director cannot rule out more potential IPOs Sverdrup partner was warned about decreased share This week's top stories on ShippingWatch Dry bulk companies complete merger Rumors boost container company on Singapore Exchange BW LPG acquires big shareholding from competitor Europe's major ports gain strength from container Stena: Sulfur requirements are damaging How the CEO transformed DHT to soaring tanker carrier Scrapping yards in Alang are shutting down Nuclear accord could put Iran's major port back on the map Drewry: Shipowners put money in ships instead of containers Australian major bulk port looks forward to growth New scrubber system could provide massive savings on fuel Unifeeder criticizes EU short sea policy Deutsche Bank projects small recovery in dry bulk Concordia Maritime: Product tanker recovery is fragile 113 tankers expelled from Nigerian waters DSME ready with big plan for restructuring DFDS is now sailing normally on the Channel Alphaliner: Hapag-Lloyd listing hangs by a thread Maersk Line wants to take market shares in special cargo BW LPG: The challenge is a big fleet VLCC rates at highest level in seven years Höegh LNG targets massive investments in years to come BHP: Iron ore production up ahead of 2016 Bureau: Somali piracy threat could be over Maersk Line in fierce competition on reliability Alphaliner: No obvious buyers for NOL Panalpina fights an uphill battle Incidents open up Asian market for Stena RoRo Orders for newbuildings down to 1999 level Fortescue increases iron ore production Svitzer acquires Australian contracts from competitor USD 120 million stands between Sverdrup partners Commerzbank divests ships for billions Scorpio Tankers sells its remaining shares in Dorian The US may sell out of strategic oil reserves DFDS in new negotiations for solution in Channel dispute Iran to enter oil and gas deals worth USD 185 billion Vale achieves record iron ore production OOCL under big pressure in the second quarter This week's top stories on ShippingWatch Flares force DFDS to discontinue Channel ferries German shipowner suspected of tax evasion Maersk eyes big potential in the Iranian market Rate pressure continues on major container routes Oil investments for USD 200 billion shelved Nordic American Tankers expands fleet again Busan unveils major port expansion Unemployed offshore vessels piling up off Norway Statoil looking to trim costs further Oldendorff Carriers: 2015 exceeds expectations DP World expects three percent growth in 2015 Chinese stock collapse creates new insecurity in shipping BP in deficit following Deepwater settlement First fully laden Valemax with iron ore calls in China DFDS resumes operations on the English Channel ABB hit by downturn in the energy sector Scorpio Bulkers suffers new major deficit Nordea: Oil price may be headed back down below 50 DHT Holdings earned USD 22.2 million in Q2 14,000 teu vessels new workhorse on Asia-Europe Container shipowners rapidly resume services to Iran Another day, another 10,000 oil jobs axed British SEE buys stake in Dong's key field Seaspan quadruples earnings on container ships Scorpio Tankers made USD 96 million in first half of 2015 Subsea 7 presents significantly lower quarterly profit Euronav made more than USD 92 million in Q2 Finnlines delivers best Q2 in 10 years Shell lowers investments and cuts 6500 jobs Admission impossible: Shipping BA requires towering grades Pacific Basin lost USD 15.4 million on dry bulk Analysts: New sentiment arriving to dry bulk Analysts sense upgraded forecast from DSV d'Amico International Shipping in best half year since 2008 Massive growth in oil products through Rotterdam MSC is optimistic about opportunities in Iran Greek shipowners face harsh criticism for beaching Container rates improve significantly Fredriksen's Archer announces more layoffs after loss Biggest increase in Norwegian unemployment in six years Tanker boom is significantly stronger than expected This week's top stories on ShippingWatch EU preparing approval for Philippine seafarer schools Numerous contenders looking to acquire NOL Media: Analysts project Maersk downgrade Atlantic Petroleum considers sale or merger Torm replaces entire board of directors Norwegian shipping magnate in billion dollar investment Drewry: Chinese slowdown now hitting container Bunker company fires CEO Milaha in strong H1 boosted by offshore DSV made USD 140 million in first half of 2015 Wilbur Ross' Navigator had strong second quarter DFDS: Time for SCOP to respond to our offer Oil price drops to less than USD 50 "North America delivers exceptionally in Air & Sea"ShipServ presents first profit in 14 years World Fuel Services notes big slide in earnings Introducing Oaktree's strong man on the Torm board DNB: Exaggerated dry bulk downturn Jefferies: DSV leaves competitors in the wake Inchcape CEO steps down with immediate effect Ardmore maintains strong form in second quarter Genco Shipping reduces deficit Gener8 Maritime in slight Q2 disappointment 50 pct more idle container ships in July Clarksons Platou: Iron ore drives improved bulk rates Bourbon secured record profit in 2Q FMC issues penalties to eight shipping companies Strong dollar and more cars boosted Wilhelmsen Danske Bank: Tanker will improve Norden result Teekay Tankers makes USD 662 million purchase Founders lose millions on bunker company Endofa The shipping industry counts down to August 13th SeaIntel: Maersk Line in reliability setback Dorian's LPG pool generating solid results Media: Tankoil bankruptcy can help solve OW issues MAN: Carriers defy the oil price plunge DryShips in deficit after giant impairment Drewry: Reefer fleet will grow ahead of 2018 Maersk Group: Suez expansion was necessary Viking Supply Ships: Two years of tough offshore industry The new Torm projects USD 140 million profit in 2015 The benefit of higher Asia-Europe rates was short Petrobras publishes abysmal result Presenting the world's largest cruise ship Last week's top stories on ShippingWatch Suppliers to North Sea offshore in standstill Big halt in China's export in July Media: Chinese container merger imminent Maersk disappointing shareholders so far this year SeaIntel: 2M affects Maersk Line's reliability Nordic American Tankers secures improved rates Another tanker hijacked and drained in the Malacca Strait Orient Overseas delivers improved result The US one step closer to lifting oil export ban Dramatic decline in Russian trade Norden CEO explains management cut Wärtsilä recruits new CEO internally OW Bunker estate files numerous lawsuits Evergreen orders ten new feeder vessels Weak LPG rates keep Epic Gas down SeaIntel Consulting: Box merger reshuffles alliances Clarksons Platou: Maersk Line result under pressure VLCC rates down by half in just 2 weeks Alphaliner: Panama to reclaim lost market from Suez Norden delivers best tanker result ever Torm in USD 100 million operating profit for 1st half of 2015 Deep Sea Supply needs new contracts Jan Rindbo preparing new strategy for Norden 2015 likely record year for hijackings in Southeast Asia Greece moves forward with higher tonnage tax Analysts: Maersk's oil business hinges on Qatar deal China shocks with new devaluation Wednesday Rickmers Group in improved half-year result IEA projects oil flood far into 2016 Maersk Line second quarter profit USD 507 million The Maersk Group maintains 2015 guidance Maersk Line warns competitors in the price war Torm resurrected as well-padded tanker carrier Analysts: Norden exceeds dry bulk expectations Here is an overview of the Maersk Q2 report Western Bulk boosts profit in the second quarter Analysts: The oil price could now slide to USD 30 Rickmers Maritime hit by second quarter deficit Topaz' West Africa venture hit bottom line J. Lauritzen lost USD 144 million in 1st half of 2015 Lauritzen CEO: Just waiting for improvement Concordia Maritime boosts product tanker result Norwegian union: 20,000 new layoffs underway Bimco: Shipping stays clear of Chinese currency slash Port of Hamburg hit by Russian crisis Höegh LNG begins divestment strategy Søren Skou: We misread the market in early 2015 Navig8 Chemical Tankers optimistic going forward Last week's top stories on ShippingWatch Clipper Group welcomes new chairman Eagle Bulk reduces deficit in second quarter Maersk Line sees considerable gains from 2M New report: Rig market almost cut in half in 2015 Explosion at Tianjin will delay Maersk vessels Thoresen hit by dry bulk in the second quarter Danish Maritime Days has more than 60 events ready The major carriers make CSR a priority Head of Stolt-Nielsen to join the board at Golar LNG Clarksons boosted by Platou acquisition Global Ports appoints new CEO Ultrabulk hit by dreadful bulk market Marine insurance: Large ships increase risk of Tianjin incidents Port of Hamburg continues to slide on containers Drewry: Chinese alliance could alter the balance of power Hafnia Tankers in solid profit for first half of 2015 Aegean Marine lost ground in the second quarter Concordia Maritime: Recovery will continue in 2016 Several executives leave major Korean yard US-based owner takes over entire Nordic Bulk Carriers Pacific Basin CEO sees cautious improvement Norwegian shipowners banish scrapping on Alang Two new execs will boost Svitzer in emerging markets New bulk giants could push Capesize out of key route Navios' tanker carrier lands profit in first half of the year More than 100,000 refugees to the EU in one month Growing Chinese interest in the Northern Sea Route Carriers note reliability setback in July Western Bulk: Improvement will be gradual and cautious Bjørn Højgaard: Merger will provide new strength Hapag-Lloyd strengthens reefer investment All of DFDS' shipping activities improved in Q2 Zim maintains positive result in second quarter Alphaliner: Maersk Line and MSC passive in rate war Boskalis achieves record result Port of Singapore: Shipping hit by Chinese decline Danish shipowners will not banish beaching Analysts: Weak LNG market ahead Siem Offshore knocked back in struggling offshore market Damco CEO: The corporate overhaul was painful at times DFDS has plenty of cash yet no acquisition candidate Maersk Oil: Johan Sverdrup plan approved Thorco Shipping has not impaired fleet in two years Media: Hapag-Lloyd targets IPO in September Singapore looking to improve port security Former Altor exec behind the purchase of OW's tankers Songa Offshore eyes two tough years ahead Ultrabulk fighting for every single order Impairment sends Farstad into deep deficit Prosafe takes big hit from oil downturn Last week's top stories on ShippingWatch Dramatic weekend in the Malacca Strait Farstad CEO calls for more scrapping Oil price reaches lowest levels since 2009 SeaIntel: Mega-ships set to hit Asia-Australia Tax authority overrules Monjasa tonnage tax Scorpio Tankers betting even harder on MR Steel manufacturer considers shutting down production UK: Iran sanctions could be repealed next year Energy price makes Scottish oil revenue plummet Cracks discovered in the new Panama Canal Weco combines activities and hires new CEO Clarksons: Big decrease in dry bulk orders Rio Tinto will boost iron ore exports to China Shipping shares tumbled in global market turbulence Solstad performs major layoffs and idles vessels Frontline CEO: Five strong tanker years ahead Hutchison Whampoa grows in the first half of 2015 BHP Billiton result cut by more than half Erria's operating profit in big setback Torm welcomes new chairman of few words Hapag-Lloyd maintains profit in first half of 2015 Frontline turns a profit and targets more acquisitions Statoil lost USD 15 billion in three months Nordic Shipholding upgrades forecast Clipper purchases two new Ultramaxes Gulftainer picks DP World VP for top job Wave of mega-ships strains container carriers ahead of 2018 Container carriers cut CO2 emissions 30 pct in five years Maersk Oil looking to shut down three North Sea fields Svitzer orders six newbuildings Chairman: Time for a change at Team Tankers DP World's bottom line grows 22 pct Hapag-Lloyd: Big dive in demand sent rates plummeting Odfjell points to weak market in third quarter Maersk Tankers eyes strong market throughout 2015 Clarksons Platou: Chemical tanker at six-year high Seadrill pushes delivery of new rigs and vessels NordLB: The shipping industry at standstill Fredriksen's bulk takes giant deficit in first half of 2015 Golar under pressure in LNG market Rig manager convicted of fraud against Maersk Drilling Avance Gas almost doubled its bottom line Team Tankers maintained momentum in Q2 BW LPG in big growth and high expectations for 2016 StealthGas suffers small setback in tough market Hong Kong banks on last-minute competition change Profits dive at China's merger-ready CSCL Marine insurance claims up again in 2015 German shipowners want state aid for LNG vessels This week's top stories on ShippingWatch Maersk Broker: Two paths after break from Lightship Maersk to sell new technology to competition CMA CGM widens gap to container rivals Russian bunker player opens in Gothenburg Maersk gets green-light to develop huge North Sea gas field Swedish shipowners: Strategy plan is a small step forward Ackermann off to flying start as head of BW LPG German shipowners will not banish Asian scrapping HSH Nordbank still weighed down by shipping loans Sovcomflot exits first half of 2015 in strong form Rosneft's result hit hard by low oil price State-owned Chinese yards put pressure on private players Dramatic dispute among partners at Lightship Chartering Small online companies could threaten established freight forwarders Chinese container giant grew profit 30 pct Star Bulk divests and plunges into deficit Deep Sea Supply idles offshore vessels Lightship Chartering partners split to the wind Emergency flares and chutes triggered in DFDS conflict Swedish shipowners finally get their tonnage tax Maersk Oil awards order to Subsea 7 Low oil price sends tankers south of Africa Aker Solutions fires 500 employees from subsea division Alphaliner: Significantly more idle ships in coming weeks Bimco projects huge bunker savings in 2015 Oil major fires 10 percent of its employees Product tanker rates will soon face pressure Energy companies accused of greenwashing Container shipowners making money in miserable market Swedish shipowner: We want to return to Sweden Acquisition wave could be underway in rig market Platts: Iranian oil set to hit fragile market Obama lands support for Iran accord Brazilian prosecutor requests more information from Maersk Norden considers ditching several large ship types This is the outline for Jan Rindbo's new Norden strategy Stena: It will take more than Swedish tonnage tax Threat of mass strike in South Korea's shipyards Lloyd Fonds sticks to its shipping ambitions Major investor preparing for ten dollar oil price Three German carriers pool 147 ships Credit manager: Oil bankruptcies underway Stena to pay large penalty following two casualties WoodMackenzie: Far too many LNG projects underway Rio Tinto maintains high expectations for China Struggling Rosneft divests stake in prize assets Wärtsilä wins major order for ballast water systems China preparing tougher environmental requirements This week's top stories on ShippingWatch VLCC rates soar 35 pct in one week DSV's former US acquisition candidate still losing money 5500 jobs lost in British oil industry Shipowner pulled large sums from struggling listed carrier Exmar's bottom line cut in half Media: New advisors attached to Hapag-Lloyd IPO SeaIntel: Too many ships in the water during Golden Week Port of Gothenburg projects container rebound Rates for North Sea supply ships at 30-year low Analyst: DFDS growth stunted by scrubbers Iran's market could help struggling container carriers Container carriers note reliability setback in July APM Terminals acquires Grup Maritim TCB Headhunter: New requirements for the maritime CEO British ferry giant challenging DFDS in Gothenburg Odfjell Drilling lands major contract in tough market British fleet could sail 3D printed ships by 2030 P&O Ferries register best month in 12 years "Mega ships are not the biggest threat"Three Capital Markets Days have hurt the Maersk share Creditors have USD 110 million trapped in Copenship Maersk Line shuts down a West Asia - Europe service Norway to support yard sector with USD 80 million Chinese coal continues to slide DNB: Two year rut ahead for oil service companies Goldman Sachs projects even lower growth in China New report projects bleak future for the North Sea Nils Smedegaard: Market on par with crisis year 2009 This is the Maersk Group plan of attack Two competitors made Maersk Line change strategy Hempel hires new CEO from ISS Lawyers warn tankers against violating Nigerian ban China Cosco confirms billion dollar order for mega ships Maersk Oil: The right acquisitions are out there Höegh LNG will invest fresh capital in new tonnage Unknown major DFDS shareholder on the brink to flag Trustee wants USD 100 mln for OW mismanagement Citibank points to threats of new global recession Analysts: Maersk standing strong in tough markets APM Terminals' acquisition candidates nearing maturity Gener8 lands billion dollar loans for Korean newbuildings Shipping close to inclusion in global climate agreement Shipowner buys vessels from himself in DryShips meltdown Nigeria lifts tanker ban but shipowners question the move BW Pacific establishes European office Maersk Drilling waiting for the right acquisition opportunity OW bankruptcy could see new wave of lawsuits "China set to continue as the world's growth engine"Skuld's profit slashed 50 pct in first half of 2015 DFDS set to lose service between UK and France Evergreen orders another ten feeder vessels Last week's top stories on ShippingWatch Milaha appoints new CEO First CEOs report ready for Danish Maritime Forum Goldman Sachs: Oil could reach USD 20 per barrel Product tanker elite in close race for earnings Growth fluctuations make Wrist Ship Supply adjust strategy Russian crisis weighs on Global Ports in first half of 2015 Plunge in China’s coal imports signal a new reality Arctic Securities kicks off rapid expansion Engelstoft: Maersk Tankers will not grow bigger Drewry: Inflexible mega-ships strain carriers' creativity EU Parliament: Ships must be included in climate agreement DP World gearing up for new Russian venture Bulk carrier in cash emergency enters receivership Nordic countries race to secure best net wage scheme Clarksons Platou: Maersk can easily borrow USD 10 bln Tianjin blast to raise marine insurance premiums this year Major bank arrests ships to reclaim OW Bunker debt Concordia Maritime heralds low season Danish shipping in net wage dispute Braemar warns: Bulk crisis could last five more years European shipowners: We are ready to reduce CO2 PWC: New net wage scheme in Norway weakens Denmark Unifeeder acquires Norwegian Tschudi Lines South Korea to do away with "zombie companies"Bergen Group declares subsidiary bankrupt Nigeria looking to renegotiate oil contracts Seadrill cancels delayed rig from South Korean shipyard ECA requirements spur carriers to accelerate newbuildings ABB lands new major order from Johan Sverdrup Media: DFDS finally takes charge of long-awaited ferries Maersk Oil performs layoffs in Angola prestige project Media: Hapag-Lloyd will go public in November Southeast Asian nations will strengthen anti-piracy efforts Hansa Heavy Lift to open Monaco office Seaspan lands billion dollar deal with Chinese bank BHP Billiton calls for removal of US export ban Another bulk carrier hits financial dire straits Unifeeder-acquisition to strengthen Baltic activities Maersk Oil orders FSO from Japanese supplier OW trustees win first round in court battle for oil totaling millions French seafarers hit with giant claim for ferry vandalism North American renaissance lures Wrist Ship Supply Nordic Bulk: US-based owner strengthens foundation Wilh. Wilhelmsen on the lookout for acquisitions in logistics Lloyd Werft gets new Asian primary shareholder Cosco acquires stake in Turkish port through joint venture Norwegian supplier wins million dollar Sverdrup contract Maersk Tankers orders new ships from Chinese yard APM Terminals: Africa is promising but also challenging Maersk vacates one of the oldest rigs in the North Sea Suspicion of drugs in raid on Höegh Autoliners vessel Maersk CEO skeptical about global growth Skuld knew about safety flaws on Scandinavian Star ABB orders advanced cable-laying vessel The UK enters race to secure optimal framework conditions Fleet growth pushes Copenhagen into product tanker elite Drewry: Container carriers creep into the black in 2015 SeaIntel: The role of mega vessels in global CO2 efforts IMO warns bulk carriers of dangerous bauxite cargoes Morgan Stanley: High tanker rates indicate strong winter Vestager ready to modernize tonnage tax Offshore carriers lose Brazilian contracts Statoil's biggest budget transgression to date 800 could be axed at Norwegian service company Bunker Holding secures USD 650 million loan facility Scan Trans-founder takes on new post at Intermarine ICS: Shipping on track to reach CO2 milestone in 2050 Full ownership is DSV's recipe for success in Africa North Sea winter gives offshore sector a short breather Chinese-Greek LNG venture could be underway EU Commission defends major container alliances Norient Product Pool expanded with Diamond S Greek shipowners fear impending tax surge MAN relaunches engine production in Denmark Offshore carriers could face huge deroute in Brazil Flex LNG's merger with Exmar called off Oil crisis triggers upwards of 260 layoffs in ABB Maersk Oil awards three-year contract to Maersk Drilling Alphaliner: Idle fleet numbers hide widespread overcapacity Höegh Autoliners confirms weapons on detained vessel Torm has now withdrawn completely from dry bulk Rena wreck becomes second-most expensive ever Bunker Holding now targeting global top spot Viking Supply Ships pulls vessels from the market The truth about Bulk Jupiter obscured by silence Rolls-Royce Marine cuts hundreds of jobs in Norway Nordic Tankers starting to turn a profit China scrutinizing shipping companies for overcharges Shell: LNG still the fuel of the future DFDS pulls own vessel from Kiel-Ust Luga service Media: Diamond S places eight ships in Maersk pool 127 supply vessels in the North Sea looking for work Norden saves millions on operating costs Bulk Jupiter crew fatal victim to worst rains in a century Statoil cuts billion from Sverdrup field budget Pension fund sells large portion of Maersk shares MAN Diesel & Turbo chasing acquisitions in tough market Rig giant linked to corruption scandal Gearbulk requires bauxite controls after shipwreck Last week's top stories on ShippingWatch This is your shipping calendar for December 2016 This is your shipping calendar for November 2016 This is your shipping calendar for October 2016 This is your shipping calendar for September 2016 This is your shipping calendar for August 2016 This is your shipping calendar for July 2016 This is your shipping calendar for May 2016 This is your shipping calendar for June 2016 This is your shipping calendar for April 2016 This is your shipping calendar for March 2016 This is your shipping calendar for February 2016 This is your shipping calendar for January 2016 Hapag-Lloyd targets USD 500 million with IPO Odfjell secures new credit for USD 190.5 million US recycling company opens facility in Denmark Topaz orders supply vessels from Norwegian yard Kenya has released Höegh vessel after weapons incident Drewry: Only half as many ships scrapped in 2015 DOF Subsea lands several contracts Daewoo put under pressure by major Korean bank SeaIntel: Worst year for Asia-Europe since financial crisis Moore Stephens: Trust in shipping on the rebound Share trading in Japanese bulk giant halted Oldendorff: One can still make money in a poor market MOL expects massive loss on Japanese bulk giant London's maritime cluster pressured by out-flagging vessels Norwegian carrier idles two offshore vessels Analysts fear Glencore could go Lehman Brothers route Alfa Laval wins ballast water order for 33 ships Bauxite headed for highest risk category after wreck Container slump now also impacting contracts "We strongly oppose moving CO2 out of the IMO"Chinese slowdown sank Japan's Daichii Chuo German companies to manage Maersk Line ships Soccer investor acquires stake in Hafnia Tankers Alphaliner: Hapag-Lloyd IPO faces big challenges Tschudi sees risks from struggling mine project Hyundai shipyard unloads shares to boost financial padding DFDS CEO considered surrender in Battle on the Channel Maersk Line: External leaders strengthen bottom line DNB presents significant product tanker upgrade Singapore Port will support building of LNG vessels OW trustees use untested Danish law to hunt carriers Teekay lands billion dollar deal with Chinese state bank Hafnia Tankers could be worth close to USD 600 mln Stolt-Nielsen hit by struggling container sector Diamond Offshore sues Statoil for USD 146 million German shipowners expect higher rates from new bulk pool IBIA chairman in strong criticism of the IMO Fredriksen's Deep Sea Supply idles two offshore vessels Maersk Line in Southeast Asia: We must improve our service Brokers: Shipowners ordering tankers on a large scale Moody's maintains rating of Danish Ship Finance Chief Analyst: Fears of Chinese collapse exaggerated Oldendorff has no ceiling, dress code or executive offices New ECSA chairman to combat ill-fitting EU legislation Farstad pulls another five ships from the market Singapore lawyer: Showdown underway after oil collapse US authorities issue upgraded LNG guidelines Retrofit to make Odfjell's fleet 20 pct more efficient Last week's top stories on ShippingWatch Danish Maritime Authority forced out of Copenhagen Parts from missing container ship possibly located Carriers decline money for saving refugees DFDS poised to tap war chest within the next 12 months Media: OW trustees target counterparties in futures contracts Søren Skou points to the next major savings Booming VLCC at highest level since the financial crisis SeaIntel: Blank sailings becoming less effective Saudi Arabia strikes back in oil price war Analyst: Shipping must let go of trade secrets Rolls-Royce Marine warns of further layoffs Disagreement complicates EU case against 14 carriers BP agrees to historic settlement for oil spill Pacific Basin sees challenging market continue Coast Guard finds body and life boat from wrecked container ship NGO: Shipping and aviation dodge global climate agreement Korean shipyards' standstill likely to continue Skuld CEO: Extreme Competition puts pressure on premiums Maritime lawyers: Vestager brings a whole new style Odfjell appoints new head of Tanker Danish EPA reports carrier to police for sulfur fraud Maritime summit kicks off Prosecutor on arrested Monjasa ship: They lacked papers Shell CEO: "What if Opec doesn't get it right"IMO responds to criticism from bunker industry Daiichi Chuo has five months to settle rescue plan Nils Smedegaard: Lower global growth should concern us Nigeria's former oil minister charged in billion dollar fraud New task force to make Norwegian offshore more efficient IMO: Shipping must protect its reputation Iranian shipping looking for partners in the West Kvaerner lands new major Sverdrup contract Intermarine adds six new ships to its orderbook The US hit by worst ship catastrophe in 30 years Marshall Islands: IMO head a danger to the planet Yildirim sells CMA CGM shares and reinvests Greek government postpones sale of ports Media: Shippers complain about new alliances Here are the pictures from the Danish Maritime Forum's first day A2Sea lands its first order in Asia Martin Stopford: Shipping's business model is outdated DSV acquires UTi Worldwide for USD 1.35 billion Swedish shipowners bank on various alternative fuels IBIA chairman accuses IMO of ignorance West Africa steps up fight against piracy Maersk: We must become greener before forced to do so Panama Canal considers legal action after delay This is how DSV's CEO will make UTi profitable Jinhui portends significant third quarter deficit Here are the pictures from Danish Maritime Forum 2015 Last week's top stories on ShippingWatch Nigeria's oil profits in big slide Legal process over Bulk Jupiter shipwreck being prepared OECD: Shipping should halve CO2 emissions Classification bureaus warn of dangerous mine cargo CMA CGM buys ballast water systems for new mega-ships Drewry: Shipping benefits from free trade agreements Singapore CEO never questioned about OW collapse What happens when maritime CEOs make elephants?APM Terminals invests EUR 150 million in Italian port Analyst: Opec losing control over oil price Maersk Inc cleared in US Navy bid case Kuehne+Nagel expects better full-year result Chinese imports continue to slide Seago Line points to new reality in short sea Steel production set to decline this year King of crude oil believes in continued tanker boom Lloyd's Register: The technological revolution has only just begun Norwegian oil crisis has reached cooks and cleaners Norden's two major shareholders sever ties Maersk Line: Surprisingly weak demand in 2015 Dryships switches stock exchange in move to buy time Intercargo chastises shipper in Bulk Jupiter wreck Analysis: Korean carriers caught in container trap New Seago Line CEO: "Speak up or you will never evolve"MAN sued in dispute about fuel cheating software Law firms looking into DSV acquisition IEA projects continued oversupply of oil Seaspan CEO: Chinese loans far too expensive Shipping fires back at CO2 requirements Statoil may slash 2000 jobs in Norway Former Maersk COO appointed new CEO of Ultragas MAN senior execs knew about cheating software Wobbly capital markets downscale Hapag-Lloyd's IPO plans Media: Equity firms looking to buy Danish Ship Finance Family of victim in El Faro wreck sues for damages Here is why MAN Diesel & Turbo used cheating software Media: Germany's HSH and EU nearing agreement Yet another Bergen yard files for bankruptcy Greek shipowners: We cannot afford higher taxes EU Parliament wants shipping included in climate agreement Aibel lands another Sverdrup contract This is MAN Diesel & Turbo's Norwegian headache UN: Too little competition in container shipping APM Terminals buys rest of Spanish terminal group Stolt-Nielsen enters Sardinian LNG venture Low oil price will trigger North Sea decommissioning boom Former Maersk employees launch logistics platform Port of Rotterdam grew on low oil price Spain's Repsol to divest for billions JP Morgan: Dry bulk market will be even worse in 2016 Authorities abandon million dollar lawsuit against Exxon Mobil This week's top stories on ShippingWatch This is where the ’Danish’ sulfur violators come from Seadrill explains itself in Sevan’s corruption case BW Pacific gears up for IPO Strong Chinese numbers for crude oil and oil products APM Terminals invests in Latin American capacity expansion German government funds LNG push US and EU take steps towards Iran accord China's slowdown could be worse Shipowners: Isolated Danish sulfur efforts are not enough Maersk dangles millions in front of Indonesia HSH Nordbank approved for bailout Major container player drops Asia to Black Sea route Former Nordic Bulk Partner and Monjasa to collaborate in the Arctic Maersk Line merges two services, freeing nine ships Media: Sevan might have sent USD 40m to tax haven BW Pacific will not go public at any cost Panalpina profit declines in the face of currency headwind A2SEA takes first step into Asia Denmark might have misled EU on state aid to carriers Maersk downplays statement from Indonesian minister Clipper in million-dollar dispute with former soccer boss Maersk reshuffles HR management Tanker CEOs see growth over the next two years Nordea's quarterly results indicate shipping upturn Accusations of backroom deal in Greek port bid "I had to get away and shut down"El Faro captain reported leak before sinking European industry giant expects lower growth Shipping included in draft for climate negotiations Blue MBA sets a new record for new students Wärtsilä losing orders in slow shipping market Shareowner rejects DSV's purchase offer "Everyone in the oil industry will suffer"BP Shipping scores 869 million USD Chinese deal Grimaldi takes full control of Finnlines Statoil fires staff with one day notice "Maersk, Dong and Hess are squeezing us intensely" Oil hopes dashed by OPEC meeting DIS beats international ship registers in 2015 Clarksons Platou: Container price war will soon end Maersk downgrades 2015 expectations Small Greek carriers disappear Nakilat raises net profit on LNG transport Russia's entry into Syria creates shipping boom Navig8 Chemical orders newbuildings in Korea Smedegaard: Low rates collide with 2016 contracts Korean shipyard giant faces billion dollar losses Maersk Line downgrade heralds industry downturn Wärtsilä: Shipping must be open to digitalization New appeal verdict in OW bunker case This week’s top stories on ShippingWatch Germany will intensify state aid to carriers Massive downscale of Chinese shipyards Milaha raises profit by 17 percent Maersk Oil reduces workforce by 10-12 percent Oil giants wage war on EU over price speculation A million-dollar dent for the boss with the spotless maritime career Shipowners have a new sheriff in town SeaIntel: Here is how much a CO2 tax will cost the industry Clarksons Platou: Oil rig deliveries to peak in 2016 Nordea: Offshore can go from bad to worse in 2016 Hapag-Lloyd stands by 2015 forecast ahead of IPO Korean bank imposes conditions on Daewoo workers Fiat family set to buy into Welltec Analysts: Weak markets are unlikely to affect DSV ABB launches research base in Finland Maersk Oil downsizing could hurt Qatar prospects Drewry: Low rates could weaken competition DP World only sees modest 2015 growth MAN Diesel & Turbo lifts profit in face of fewer orders Global sulfur requirements are now on the agenda DSV raises outlook on the back of strong quarter Alphaliner: Maersk Line anchors mega ship for six weeks Statoil's profit more than halved in Q3 Product tankers help double Ardmore's profits Hapag-Lloyd postpones IPO to next week Royal Arctic Line forced to divest activities Container braces for three-year downturn DNB: Offshore market might not recover until 2018 DSV steers clear of container storm Maersk: More Triple E ships could be anchored Shell lost USD 7.4 billion in Q3 Tanker boom pushes Euronav’s earnings up China Cosco reports third-quarterly loss Dong raises profit by USD 352 million New tonnage tax dissapoint Danish shipowners Siem delivers another quarter deficit in squeezed market Electrolux CEO sees 'horrendous' trend in core market Global slump echoes in Port of Singapore DSV Chief is not worried about obstinate UTI shareholder Bernhard Schulte: LNG cannot be ignored Hapag-Lloyd drops share price on IPO Japan's NYK cuts guidance for 2015 Chinese carrier considers 11 new giant ships Port of Rotterdam strikes deal with Bank of China Royal Arctic Line to be stripped back to core business Asia-Europe rates skyrocket Dorian CEO: We deliver ahead of expectations This week’s top stories on ShippingWatch Chevron is bleeding, announces massive layoffs North Sea rates unaffected by widespread anchoring UASC projects full-year deficit for 2015 Carriers expect rising costs in 2015 and 2016 Commerzbank slashes more non-performing shipping loans Struggling Gulf Navigation gets financial breather Shipowners order vessels to dodge new eco legislation BW Pacific launches share sale for USD 250 million Statoil cancels Songa rig in declining market Norway's Akastor in massive deficit First dry bulk result this season shows big deficit Scorpio Bulkers' 2015 losses cross USD 200 million Statoil builds world's first floating wind farm Moody's cuts earnings forecast for shipping Presenting Lars Thrane's new shipping adventure IMB: Anti-pirate efforts in Southeast Asia working Seaspan benefits from new ships in 2015 Viking Supply Ships idles yet another vessel Bugbee: Impossible to run indefinitely in this market Container giants trim service fees in China El Faro-owner seeks protection against claims from families Norwegian yard saved on the verge of bankruptcy Maersk Line will lay off 4,000 employees German bank deal could lead to billion-dollar ship sale Maersk Supply Service to axe 200 employees Hapag-Lloyd owners could face financial beating DHT Holdings maintains growth in strong market Media: No values in OW's troublemaker client Dry bulk facing new drop in Chinese coal imports Søren Skou: Our position as leader unaffected by cost reductions Container carriers poised for massive downscale Scorpio Tankers made USD 88.1 million in Q3 Bourbon has idled 31 vessels in offshore market Aker Solutions to slash one in ten employees Nordic Tankers and Borealis Maritime form new carrier Svitzer in joint venture with China's Qingdao Port Product tankers look set to deliver record results Teekay Tankers: Strongest crude rates since 2008 Highly satisfied Avance Gas CEO exits super quarter Nordic Tankers CEO: New venture will give us the right size Prosafe suspends dividends to shareholders DSME to cut drastically down on orders John Fredriksen suspends CEO charged with corruption Maersk Group's profit down 50 percent Maersk Line notes big slide in profits and revenue Bugbee: Oil companies will weed out aging tanker vessels DVB Bank downgrades full-year 2015 forecast Here is an overview of Maersk Group's Q3 performance Euronav shares slide after majority shareholder divests ConocoPhillips cuts another 70 Norwegian jobs Smedegaard: Our markets are in very bad state Damco noted seafreight setback but improved profits Maersk allegedly considering NOL acquisition Bulk asset values plummet again Maersk Oil buys fields for close to a billion dollars NOL confirms acquisition talks with Maersk and CMA CGM Monjasa expands its SECA zone services TransAtlantic AB divests container activities Media: Carrier challenges OW estate's test case Robert Uggla: Slowdown in shipping will hit us Desmi wins ballast order for seven Maersk Line vessels More layoffs at Archer Maersk Oil CEO: More aquisitions to follow African deal Rumors hint at yet another Asian container merger Arctic nations establish joint coast guard service Alfa Laval appoints new CEO Solstad: No North Sea improvements in 2016 IEA: Oil price will not reach USD 80 before 2020 Torm buys younger ships as part of fleet renewal Unfinished cable vessel wins another contract CEO: Gener8 Maritime in strong performance DNB: Saudi export boom confirms product tanker upturn Norden's results hinge on tanker division Norden's tanker division delivers record result Hapag-Lloyd lands EUR 80.9 million operating profit Torm considering New York IPO Weak currencies push Farstad into Q3 deficit Japanese carrier finished first on schedule reliability Team Tankers: Strong market conditions for the rest of 2015 Russian authorities could launch proceedings against CMA CGM Alphaliner: Several factors complicate NOL sale Wilhelmsen's Q3 results tainted by competition cases Norden CEO sees challenges in lower bulk coverage d'Amico International Shipping: Three good years for product tanker Concordia Maritime follows suit in tanker surge This is how Maersk can use an unprofitable Singapore carrier BHP and Vale could be fined big-time for collapsed dams Scandlines takes Fehmarn ruling to EU Court Odfjell's new gas vessels significantly delayed Lauritzen's bottom line overshadows its well-run gas carrier Offshore crisis hits Viking Supply Ship's liquidity China's Cosco takes big dive in third quarter Alfa Laval bags Sverdrup order BW Pacific cancels Oslo IPO J. Lauritzen lost USD 16 million in the third quarter Finnlines delivered its best quarter ever Maersk chairman: Low debt could be a challenge Boskalis hit by completed Suez-project in third quarter Carsten Mortensen: We can grow BW Pacific on our own Court rejects HSH's move on carrier in receivership Lauritzen CEO: Not worried about the carrier's future Alphaliner: Idle container fleet hits one million teu Last week's top stories on ShippingWatch Denmark's EU legal opt-out hampered OW estate clean-up Avance Gas looking to acquire Aurora LPG Maersk Line cost reduction plan underway at Capital Markets Day Shipping crisis weakens investor interest Tanker rates soar by upwards of 70 percent Idle oil rigs could become profitable investments Analysts downplay potential NOL acquisition by Maersk "We have made a very good offer for Aurora"Det Norske Oljeselskap in USD 120 million acquisition Port of Hamburg hit by Russian downturn Hanjin and Hyundai Merchant in free-fall Danish Ship Finance projects bleak future for shipping Empty containers are worth billions of dollars Skuld shelves Scandinavian Star probe Iran aims for one tenth of the global gas market Navig8 secures financing for new purchases Rolls-Royce downgrades offshore by millions of US dollars Mega-ships open door to new market for ship designer South America no longer a shining growth engine for shipping New analysis casts doubts on tanker recovery Star Bulk Carriers has lost USD 147 million this year Rebel UTi shareholder concedes to DSV acquisition Media: OW's biggest bank divests massive debt claim Sovcomflot: Solid tanker market into 2016-2017 Maersk issues bonds for 600 million euros Statoil pulls out of Alaska Alphaliner: Container carriers not pulling enough ships This is how much US coal consumption will decline STX Offshore to slash 30 percent of its workforce Hafnia Tankers in black with strong result in Q3 DFDS upgrades full-year forecast after record quarter No IPO for Hafnia Tankers before 2016 Major bulk carriers down more than 20 percent BW LPG beats expectations in third quarter Major share price hikes at NOL "Even here at DFDS we're surprised at how well we're doing" DSV sells shares for 720 million USD to finance acquisition Daewoo demands USD 179 million from Songa Offshore Ericsson steps up its big data ambitions in shipping Danish tonnage tax to include mobile rigs from 2016 Norwegian oil slump reflected in Oslo ferry's bar figures Maersk Supply Service expects more idled vessels in 2016 Western Bulk lands credit deals with banks and owners Carriers access key documents in OW bankruptcy case Deep Sea Supply: Offshore market getting worse Major Chinese merger could be imminent Dea breathes new life into offshore expansion Norden vessels hit by attempted robbery in Asia Clarksons: Many bulk vessels scrapped in China Last week's top stories on ShippingWatch CMA CGM confirms exclusive discussions with Neptune Orient Lines Ackermann: Growing orderbook will normalize gas rates Halvor Sveen: New shipping bank ready in first quarter 2016 Consolidation wave to challenge Maersk Line's key trades Russia can expect renewed Western sanctions Songa Offshore weighing counter-claim against DSME Who will win the race to become West Africa's key port?Greek shipping's tax fears resurface Inchcape charged with fraud for hundreds of millions of USD Inchcape rejects fraud charges Rickmers Group in the red following massive impairment Seadrill impairs for USD 1.8 billion Fredriksen's merger-ready tankers soar in Q3 Golden Ocean loses USD 40.7 million in the third quarter Number of idled vessels to boom in November "Shipping is the elephant in climate negotiations room"Investors have turned their back on shipping Navios suspends dividends in tough bulk market Norwegian oil investments look set for big slide in 2016 A veritable flood of Capesizes scrapped this year Stena Bulk purchases more product and chemical tankers French container takeover could be biggest yet Romania could be fined for sulfur hesitancy Carriers' fate in OW case likely settled before Christmas IMO counts down to final ballast water ratification At least 42 Greek carriers have left the country Nordic Shipholding delivers USD 8.6 million profit ICS: Shipping more ambitious on CO2 than governments Shipping banks: J. Lauritzen will burn cash again in 2016 Gothia Tankers orders new vessels in China Scorpio Bulkers divests more newbuildings Alfa Laval eyes LNG as next environmental bet Sulfur-sniffing drones could fly out of Hamburg by 2016 "We cannot outsource the future of the shipping industry"Brazilian billionaire arrested in Petrobas case Evergreen in feeder shopping spree Probe questions shipping's importance to Greece Russia gets its way on Baltic Sea NECA deadline Carrier forced to pay OW bunker-bill twice Port of Gothenburg preparing for new growth levels Pacific Basin projects significantly better 2015 result Singapore exempts container carriers from competition law Frontline and BW LPG drive shipping shares in Oslo Container rates rise again after weeks of severe decline Shipowners: Not all offshore carriers will survive Thorco invests in a series of new ships New IMO Secretary: Shipping faces major challenges Rio Tinto in large-scale expansion of Australian bauxite project Product tankers set new ten-year record Tough markets impact Lloyd's Register's operating profit Last week's top stories on ShippingWatch IMO expects ballast water decision this week Jinhui Shipping exits worst quarter of year Torm places major order at Chinese yard Höegh LNG delivers USD 2.5 million profit Maersk Tankers looking to build world's largest tanker pool Euronav elects new chairman Norden's tanker partner lands EU loan for expansion Drewry: Carriers spend billions on smaller container ships Nicaragua canal construction postponed to late 2016 OMT boosts its revenue 67 percent Maersk Tankers CEO: This is our plan to beat the competition John Fredriksen's new tanker carrier settled Torm CEO comfortable with new order in spite of big orderbook "This is definitely a good time for buying ships" Wrist acquires Dutch offshore supplier Asian shipowners: We made our own mess Strong tanker market boosts Stena AB in Q3 Trident Alliance appoints new chairwoman Maersk Drilling lands new contract for drilling vessel XO Shipping hires former Norden exec CMA CGM negotiating loan for acquisition Nordic American Tankers sees healthy tanker market in 2016 Charterers: We ditch inefficient ships Asian shipowners call for one global set of regulations OW trustee struggling to reach Asian customers Low oil price slows scrubber sales at Alfa Laval DNB could lose millions of USD in offshore by 2018 Norden stands out in completely collapsed dry bulk sector Media: Maersk Line close to settling EU cartel case Drewry: Bigger ethanol output to change chemical tanker Shipowners: New clause to safeguard against corruption Maersk projects zero growth for Brazil in 2016 Greek transport strike hits ports NordLB impairs shipping loans ahead of 2018 Shipowners' association following MAN manipulation case Russian oil output at Soviet-era levels EU shuts down millions dollar funding for one type of scrubber China's new coal plan bad news for bulk sector Delivery of award-winning offshore vessel pushed to 2017 Norwegian shipowners approve two Alang yards Statoil bets on Barents Sea oil hunt in 2017 Analysts: Tanker rates to fall again in 2016 Long way to profits for Maersk's new container factory Media: Banks grant finance for CMA CGM's acquisition Danish state prosecutor charges well-known company with gross fraud Former CEO leaves Fredriksen's new tanker giant Several countries against shipping in final climate deal Norwegians to shake up "old-fashioned" shipping industry NGO: Approved Alang-yards must do even better New Australian iron mine bad news for shipping Last week's top stories on ShippingWatch CMA CGM bids USD 2.4 billion for NOL MAN engine manipulation more extensive than first assumed John Fredriksen aims to expand Frontline Esvagt signs ten-year contract with MHI Vestas Maersk Drilling lands USD 142 million contract Mega-vessels challenge Brazil's Port of Santos Inside John Fredriksen's new Frontline Container acquisition will lead to alliance reshuffle Dark day for Norwegian offshore as hundreds are laid off Bimco: Russia had a point when postponing NOx rules NOL acquisition triggers billion dollar divestments at CMA CGM Equity fund buys up Norden shares SeaIntel: Container capacity to rise in 2016 Free trade agreement with South America at standstill Analysts: Massive oil layoffs in Norway to come in 2016 Evergas orders four ethylene newbuildings Hempel appoints yet another new senior exec Asian shipowners support Vestager's new approach Introducing Maersk's lobbyist with one agenda: Sulfur Nordea: Norden shareholder gets bulk business for free Brent oil falls below magical 40 dollars a barrel Aurora rejects Avance Gas takeover bid BW LPG picks up major stake in Aurora LPG Divesting bulk fleet brings big loss for DryShips French acquisition could deter new container exits China Cosco Holdings CEO steps down New York-listed Star Bulk Carriers divests ships IUMI: Low-sulfur fuel could increase engine damage Oil price reaches unprofitable level for practically everyone Carriers kick off VLGC consolidation race Record-low share price shrouds Seadrill in uncertainty Major investors postpone OW lawsuit Cosco heralds significant full-year deficit Maersk and EU want shipping back in climate agreement Chevron makes deep cut in next year's investments Has the world seen the last Valemax newbuilding?Norden Chairman joins Odfjell board of directors China outlines future sulfur regulations Norwegian offshore company Dolphin near bankruptcy Massive Chinese container merger gets go-ahead Analysts see oil price plunging through 2008-low Port of Hamburg hit by the crisis in the container industry Svitzer lands 10-year LNG contract in Darwin European shipowners propose 16 low-hanging fruits Chinese container merger is a Christmas bonus for 2M ConocoPhillips slashes billions from 2016 budget Rating bureau losing faith in the shipping industry Mining giants trim investments by billions Clipper Group appoints new CEO Pacific reduction for new VSA on Asia-Latin America Clarksons Platou: Oil at USD 40 will shut down North Sea fields Semco to rebuild Maersk Drilling's new oil rig Standard & Poor's downgrades Seadrill credit rating This week's top stories on ShippingWatch Shipowners after COP21 defeat: This is grotesque Ships gushing out of the German commercial fleet Maersk disappointed in climate agreement Inttra benefits from the crisis in the container sector Avance changes Aurora bid conditions Offshore company Dolphin to file for bankruptcy SeaIntel: Shipowners could lay off 33,000 employees Trafigura improves result in struggling market Arabian port operator aiming for global top 10 Here are the details behind China's mega-merger Maersk and EU shipowners to launch Plan B following COP21 Sluggish Chinese growth pulls down world's ports UK Supreme Court agrees to expedite carriers' OW case Statoil awards billion dollar maintenance contracts Bank: Product tanker market can improve even further Rio Tinto CEO predicts the fall of competitors Analysis: Maersk's deep pockets make all the difference Shipping agent smuggled arms to North Korea Klaveness turns Kamsarmax order into combination vessels Shippers concerned about new rules for weighing containers Logistics majors get million-dollar fines for price fixing Oil discovered in Maersk's new Africa licenses Long-term container contract rates to slide further in 2016 Dry bulk shares down 70 percent this year Big tankers drive growth at Baltic shipyard Statoil move to cause hundreds of layoffs at Aker Media: Minister to help Maersk in Qatar High-risk zone off Somalia has been reduced Alphabulk: Dry bulk giants will not pick the Panama Canal EU earmarks six bln euros for maritime growth Deutsche Bank: Bulk storm to make landfall in Q1 2016 Statoil slashes 1500 jobs The US rejects ballast water test method Maersk exec: Container mergers herald new era Six Thorco seafarers missing after collision Lauritzen Foundation: We have to dig into our pockets New European coast guard in the making Supreme Court confirms DFDS' Channel victory Avance shelves ambitious gas consolidation CEO presents strategy for new ship management giant Norden ready to take on the multi-purpose segment Farstad could be forced to slash employees in 2016 Viking Supply Ships hit by canceled contract Banks issue new large-scale loans to tanker carriers MAN behind record engine installation on crane vessel Hope of finding missing Thorco seafarers dwindles CEO Jo Lunder completely out of Fredriksen Group Heavy Lift shipowner: 2015 was a tough year for multi-purpose Hapag-Lloyd CEO joins board at Stolt-Nielsen Port of Rotterdam gives discount for LNG bunkering Watch Thorco Cloud collide with tanker Stolt Commitment Japan and South Korea calling for coal Swedish shipowners join fossil free initiative State prosecutor targeting defendants personally in large-scale fraud case General Rate Increases to become useless Goldman Sachs: Oil slide will not stop before USD 20 Wikborg Rein: Acquisition opportunities in struggling offshore Bimco: Scrapping age for dry bulk vessels still getting lower Johan Sverdrup partners maintain their stakes SeaIntel: Container carriers are heavily indebted Carriers struggling with Chinese port inspections BW Pacific CEO picks manager from competitor T.K.B. lands profit with trimmed-down fleet Skuld improves bottom line in first nine months of 2015 Noreco unloads Norway unit in clearance sale Shippers worry about competition among container carriers EU challenges taxation for Greek shipping IMO expects clarity on ballast water in January EU initiates global shipyard approval process Hafnia Tankers investor buys stake in Maersk Dorian safeguards itself for hostile takeovers Norwegian offshore supply carrier left to creditors Bunker prices slide to seven-year low ABG: These Norwegian offshore players look dead in the water US ballast water approval crucial to Alfa Laval Maersk Broker enters Wonsild Dry venture Maersk Line to slash 110 jobs at its HQ Chairman of Danish Pilots: Thorco Cloud had right of way Towage majors merge European activities 13-year-old container ship sold as scrap Holidays on ShippingWatch Maersk Broker: More strategic partnerships in 2016 No trace of missing seafarers from Thorco Cloud Tender for major Greek port is concluded Seago Line appoints new CEO after 8 months Shell commits to deeper cuts Eight carriers fined for illegal price rigging in China Battle for new sulfur regulations has only just begun Chinese container merger slams share prices down Nordea: Increased oil price will not save the North Sea Rolls-Royce spreads out business after hard blow in offshore Norden sells Capesize with loss of USD 12 million Concordia Maritime enters into charter contract for Panamax Hong Kong hesitates on exemption for container carriers OW Bunker execs under attack in comprehensive review Deceased from Thorco Cloud presumably salvaged Former J. Lauritzen executive charged in Petrobras scandal Altor: OW Bunker board not responsible for bankruptcy Oil price drops after Iranian announcement Dry bulk declined this much in 2015 Media: Maersk out of the race for major Greek port Here is the report on liability in the collapse of OW Bunker Clarksons Platou: Shipping shares down 18 percent Maersk Line finished 8th in the Top 20 on schedule reliability Shipowners attempted record number of rate increases "If you can't stand to lose, don't join the race"New contractor dispute threatens Panama Canal New cancellations of USD 1 billion hit Norwegian offshore "Women at sea is a big misunderstanding"China greenlights yet another shipping-related merger Wilbur Ross: Cyprus can strengthen its commercial fleet Scorpio Bulkers in desperate bulk vessel divestment Massive wave hits North Sea drilling rig: One casualty Shipping faces new environmental regulations in 2016 Five container behemoths to dominate the global market OW Bunker's Singapore CEO welcomes trustee's report Fredriksen-company pulled down Oslo Stock Exchange 2016 calls for strong nerves from oil industry players Stolt-Nielsen chairman passes away at 70 Korea pumps USD 1.2 billion into ailing shipping sector Panama Canal inauguration postponed once again Law firm: Oil industry could face zombie phenomenon First crude has left the US after lift of export ban DNV GL now also affected by the shipping crisis Atlantic Petroleum unable to pay planned loan installment Fearnley: Bulk asset values to remain under pressure Asian yards prepare for fresh beating in 2016 Bimco: Hope fades for improved market in 2016 Baltic Sea carriers hit by increased border control Star Bulk Carriers sheds newbuildings in new fire sale Russian icebreaker sets Northern Sea Route record A look at the EU's maritime agenda in 2016 Deep Sea Supply suffers new rate slide EU to launch proposal for controversial scrapping fund Media: Tankoil CEO in secret settlement with Noble Group Sulfur monitoring initiative to include drone project Former APM Terminals CCO joins Wrist Executive Board MOL wreck spurs updated requirements for container ships Statoil renews contracts for USD 1.2 billion Thorco Shipping gets new equity injection from owners Maersk in talks to develop Iranian oil fields Wrist Ship Supply upscales growth plan in Asia Deutsche Bank: Bulk crisis will force carriers to scrap Sellers of large bulk vessels under severe pressure Drewry: Shippers reap big declines in contract prices Maersk waits while competitors are in full swing in Iran Analysis: 2016 could kick-start wave of Chinese bulk bankruptcies NGO: Sustainable scrapping will collapse without fund 30 meter monster wave crushed 17 windows on rig Thorco owners: Still complete confidence in the carrier BBC Chartering: The project cargo market collapsed Report: 2016 is the year of acquisitions in the oil industry The World Bank cuts growth projections for 2016 Port of Rotterdam hit by 24 hour strike India's coal import in serious dive Bunker industry haunted by banking ghost Drewry: Container carriers to lose more money in 2016 Viking embarks on South Korean joint venture Fire sale of tanker shares in brutal shipping market Svitzer to use Maersk name to enter Asia Nordic Tankers and Crystal get green light from EU Struggling mining companies must cut back again Union issues strike notice against Svitzer Just one new Norwegian oil field is profitable Rotterdam port workers prepared for more strikes "The bank knows what we're doing and we know what they want"Nordea: Maersk Oil must make more cuts in 2016 South Korea's top shipbuilders exit 2015 with record loss This week's top stories on ShippingWatch Svitzer in Asia: Employees must be super fit Japanese bulk carrier files for court protection Star Bulk gets warning from Nasdaq in New York Maersk Line: Demand at 30-year low Stena Bulk has put USD 2 million aside in OW case Maersk Oil secures approval for three Kenya oil fields Ultrabulk CEO projects profit in 2015 Deutsche Bank: At least 2 more years of gains in product tanker Shipowners reflag vessels back to Norwegian Register New IMO Secretary General unveils his agenda Governing party criticizes Statoil's shareholder dividends Bunker price was the death of slow steaming in 2015 Stena Bulk wants in on Iranian oil adventure European shipowners call for better port facilities Port of Rotterdam parties to resume negotiations Russia fines Maersk Line in price announcement case Chinese yards shut down one after the other Shanghai was the world's busiest port in 2015 JP Morgan: Tanker boom will weaken in 2017 Golden Ocean CEO: 2016 will be a dry bulk elimination race IMF: Shipping should pay CO2 tax Greece's Port of Piraeus wants better offer from Cosco Maersk Line will appeal Russian competition ruling Drewry: Everyone was wrong in dry bulk P&O Ferries sails record volumes on the Channel BP to slash 600 North Sea jobs after oil price plunge Standard Chartered: Oil price will crash to USD 10 per barrel Container shipowners under severe pressure in 2016 New Norwegian oil tanker carrier ready for launch EU Commissioner to probe giant oil acquisition Star Bulk updates position in miserable dry bulk market European ports waiting for news from Rotterdam Statoil buys large stake in Lundin Petroleum Singapore grants reduction in container ship tariffs Vale takes out huge loans as emergency financing ABN Amro: Attractive potential in Hafnia Tankers Maersk will retain female employees with new maternity policy Cosco appoints new head of container Zim on the lookout for new CEO Concordia Maritime CEO: Tanker market fragile as an eggshell Report: Legal chaos reigns in the North Sea After meltdown: DNB projects higher oil price in 2016 UTi Worldwide shareholders clear DSV acquisition Singapore shippers: Container alliances worsen service Cosco will pay USD 1.1 billion for Greece's Port of Piraeus Container traffic down in Europe's largest port Rio Tinto breakaway to kick-start new bulk company HSH Nordbank in shipping sale in critical market Norwegian Petroleum Directorate: 3 tough years ahead Euronav fires back after price plunge in tanker shares Layoffs at Bunker Holding spur flood of rumors Seadrill gets a breather with postponed drilling vessels This week's top stories on ShippingWatch Ballast water convention pushed at least one year Intermarine bets big on 23 newbuildings Ship sale makes Norden downgrade 2015 result Rotterdam CEO downplays the risk of new strikes Port of Antwerp under investigation for illegal state aid CEO: Rotterdam's robots will take market shares in 2016 Norwegian oil company: Sverdrup field will be cheaper Evergreen rejects price fixing in Russian competition case Clarksons Platou: Iran accord could boost tanker rates by USD 15,000 Svitzer in decisive showdown on its key market Drewry: 2015 was most reliable year for carriers yet Owner looking to sell struggling bulk unit Mercator Lines Maritime suppliers get new Secretary General from ECSA Aker Solutions to cut upwards of 900 jobs Diesel surplus results in more floating deposits Diamond S and OSG opt out of Maersk pool Owners take first steps to sell German shipping bank Rio Tinto cuts iron ore in 2016 New Panama Canal makes thousands of ships redundant Oaktree awards Torm management and 20 employees share options Orders at Chinese yards down by half in 2015 Antwerp broke its own container record in 2015 Saudi Arabian VLCC giant storms ahead on crude oil Korea's Busan Port projects 20 million teu in 2016 Alphaliner: Container fleet growth to hit all-time low Shell's profits take huge dive Malaysia suspends bauxite export Panama Canal launch pushed to second half of 2016 DSV secures final approval for UTi Worldwide acquisition Shell to slash 10,000 workers after BG acquisition European terminal operators criticize new container rules New Panama Canal could mean comeback for Capesize Stena Bulk: Pressure from new vessels could strengthen tanker pool Evergas: Three big challenges in trading with Iran Smedegaard: The oil market is in a supply shock Norden books massive 2015 deficit after new impairment and loss Iranian crude oil carrier close to being insured Cosco takes control of major Greek port Chinese wood import drastically down Wood Mackenzie: Oil investments for USD 380 million cut Total CEO: We will get by without layoffs Statoil to freeze wages for management Norden: We are doing better than many of our peers Competition Commissioner requires taxation of EU ports DP World returns to Russia Korea's HMM could sell dry bulk unit Cargill plans to close its London shipping office Scorpio Bulkers speaks openly of risk of shutdown Dry bulk asset values plunged in late 2015 Skuld sees several risks for shipowners' Iran ventures Blue Water Shipping CEO steps down after dispute with owner Stena RoRo gears up in Asian growth market Svitzer lands vital support for new collective agreement Another oil major fires 10,000 employees DSV completes UTI Worldwide acquisition Denmark approaching ratification of Hong Kong Convention This week's top stories on ShippingWatch SBM Offshore CEO reaches settlement in bribery case Farstad sells offshore vessel at USD 5.6 million loss Belgium is Achilles' heel for carriers after OW collapse NGO: 104 ships irresponsibly scrapped in 4Q Shipowners: Greek tax dispute could spread to EU Torm takes delivery of first newbuildings in years Merger-bound CSCL heralds massive deficit for 2015 DSV kicks off in-depth UTI integration process Jinhui warns of significantly worse 2015 result Halliburton lands bigger profit than expected Arctic Securities and Fredriksen in new joint venture Rotterdam cements position as Europe's bunker port Capital-strong shipowners buying bulkers at rock bottom prices Greek refinery buys Iran's first new crude oil export Desmi appeals US rejection Strike to hit Greek ports Wednesday Norway to hold emergency meeting about the oil price El Faro owner settles with families after tragic wreck Dong impairs oil business by USD 2.3 billion Arctic CEO looking to cover entire sector with new broker venture Clarksons Platou: Tanker carriers down 25 pct this year Media: Somali piracy could be rekindled 132 supply ships could lose contracts in Brazil Mining major Vale reopens vital port Nordea sees shipping and offshore earnings dip China to launch ECA zones with sulfur requirements Wärtsilä boosts result in the fourth quarter 15 seafarers evacuated from A2Sea vessel in the North Sea Ruling in oil disaster could lead to huge compensation claims Tanker CEOs: Investors not rewarding us deservedly Rotterdam union threatens legal action against APM Terminals Farstad announces new cost reductions Euronav made USD 350 million profit in 2015 Alphabulk: US coal export hit by perfect storm Wonsild Dry: Worrying dry bulk sector consolidates industry Tanker keeps Stolt-Nielsen's 2015 result afloat BP fires upwards of every fifth worker in Norway Maersk Line invests big-time in its reefer fleet Drewry: Half of the older Capesize ships must go Odfjell plans to sell its headquarters McQuilling: Aframax will perform best ahead of 2020 Wood Mackenzie: Oil price makes half of all future projects unprofitable Japan's MOL heralds huge loss on bulk and container Concordia Maritime releases historically strong annual report Nordea: Fredriksen's Seadrill needs USD 2.5 billion CMA CGM lands deal with top Iranian container carrier Stena Director: We have crossed a milestone Lundin Petroleum trims investments by 26 percent Wrist bags second acquisition in just a few months Oil crisis cuts Baker Hughes' business in half in 2015 Drewry: Hapag-Lloyd is in peak financial condition This man holds the key to Iranian shipping Dorian soars with new ships in strong gas market This week's top stories on ShippingWatch Western Bulk's share suspended from trading in Oslo Drifting RoRo vessel approaching the coast of France Chevron books first loss since 2002 Huge North Sea gas field threatened by sinking seabed Western Bulk spins off chartering unit Danish Ship Finance projects reduced profit for 2015 Statoil expands oil hunt with Uruguay investment Seadrill CEO attends weekly debt meetings with Fredriksen Siem CEO expects two years' fight for survival Hong Kong hesitance can reshuffle port priorities Dynamar: 2015 a historical year for reefer Maersk Line moves Asia HQ to Hong Kong Bayerngas sues Danish government Samsung Heavy Industries books big deficit in 2015 Intertanko fiercely attacks ruling in oil disaster Alfa Laval's marine orderbook grew in 2015 Container carriers losing billions in market value SeaIntel: New record for major carriers in reliability APM Terminals gearing up for lawsuit from union Piracy threat has shifted from Aden to Indonesia Songa Offshore axes 200 workers Shipowners: Aden attacks could quickly resurface Danske Bank impaired offshore activities in 2015 Not even 100 new supertankers can shake Frontline No orders for major Korean shipyards in January Maersk Drilling lays rig up in Gulf of Mexico Hanjin Shipping delivers big turnaround in 2015 Introducing Maersk Line's new head of reefer Low oil price a hurdle to ABB Oil giant loses USD 7 billion and halves investments Dry bulk behemoth Daiichi misses restructuring deadline Dong to build world's largest offshore wind farm Bourbon Offshore projects large-scale idling in 2016 Statoil takes big hit from low oil price in 2015 DHT multiplies result in 2015 Ardmore exits 2015 with record profit Oil & gas hits Dong with billion-dollar deficit in 2015 Hapag-Lloyd projects even lower reefer rates in 2016 Presenting Maersk Line's new executive team for Asia Prosafe result sliced in half in 2015 Oil price throws Lundin into huge loss EU lowers growth forecast Panama Canal launch now expected in June DNB makes new impairments on shipping, oil and gas activities Frontline: This is our threshold for the oil price Chinese mega-merger to launch operations in a few weeks Stena: Oil plunge shielded costly sulfur requirements just in time Port of Hamburg pressured by crises and competition Shell delivers weakest result since 2004 Drewry: LNG rates will face pressure in 2016 Rate index down 4.2 percent this week Greek owners beach the most ships in Southeast Asia Nordea: Maersk Line has drastically reduced its fleet Dong CEO keeps silent on Hejre troubles P&O grows market share on key DFDS route out of Gothenburg This week's top stories on ShippingWatch Nigerian army frees hijacked Maersk container vessel Media: Japan's Daiichi close to sealing rescue plan Wilh. Wilhelmsen buys out logistics partners for USD 200 million Shipowners: Severe piracy threat off West Africa's coast Rickmers Maritime: Things are really tough right now Vitol CEO: Oil price will remain low for the next 10 years The North Sea could lose 150 platforms over 10 years Shanghai meeting brings French-Chinese alliance into play Bulk Invest casts doubt on own survival DP World was busier in 2015 BW Offshore impairs for USD 321 million 2015 a record year for Nordic American Tankers Ultra-large container vessel pulled free on the Elbe One number matters above all to the Maersk Group on Wednesday OW Bunker's nemesis involved in new oil fraud case Offshore carrier Polarcus in huge impairment Bimco: Even more dry bulkers will be scrapped in 2016 Avance Gas increases profit and cuts dividends in half Sulfur sinners in Sweden escape sanctions Former rebels thought to be behind hijacking of Maersk vessel Norway's offshore crisis hits cadets in training Stock exchanges see major listed carriers go red Air & Sea boosts DSV's result for 2015 Maersk downgrades 2016 forecast significantly Maersk hit with deficit in final months of 2015 UN report: North Korean vessels violate sanctions Maersk Line facing miserable 2016 Here is an overview of the Maersk Group annual report 2015 Maersk Oil in 2.6 billion dollar impairment Maersk CEO Smedegaard's optimism curbed by the oil price DSV CFO: Seafreight will be a fierce bargaining market in 2016 Saudi Arabia and Bahrain ban Iranian vessels This is the newly transformed Western Bulk setup Port of Hamburg notes big slide in container throughput Navig8 Chemical generated improved revenue DSV CFO hopes for next acquisition in 2018 Odfjell dragged down by bunker contracts Hapag-Lloyd picks up vessels from Dutch shipowner Epic Gas reports growing revenue in tough 2015 Maersk Line CEO: Loss of first place will be short-lived Service and car ferries boost profits at Wilh. Wilhelmsen Miner Rio Tinto dips into red and cuts back investments Russian oil boss declares shale oil adventure finished World Fuel Services in 2015 setback DFDS exits 2015 with record operating profit Maritime headhunters open office in Copenhagen Maersk Drilling CEO: We'll takes things as they come Desmi Ocean Guard reduces deficit Maersk wants showdown with controversial scrapping yards Is the oil industry shutting down in the North Sea?Record container flow through New York and New Jersey Aker Solutions finds comfort in projects outside of Norway DFDS CEO: English Channel could be new growth driver Supply carrier Havila presents new rescue plan This week's top stories on ShippingWatch Maersk Tankers CEO: Product tanker recovery seeping Container carriers close to settling EU cartel inquiry NGOs criticize Maersk's return to Alang Epic Gas anticipates profits in 2016 after poor result Rolls-Royce Marine sees profit wiped out in 2015 Container ships ditch Suez and Panama and speed up Media: Diesel-gate could trigger forced sale of MAN Icelandic energy manager Marorka replaces CEO US shipowners support rejected ballast water test method Transocean slashes another 230 jobs Havila Shipping's rescue efforts collapsed Clarksons Platou: Full oil storages put pressure on tanker rates Shipping banks put pressure on J. Lauritzen owner EU settles cartel case with 15 container carriers Cosco's yard group in Singapore hit by giant deficit Oldendorff Carriers achieved a profit in 2015 Shipowners get a breather in OW dispute Russia and Saudi Arabia to freeze oil export Kvaerner peers into highly uncertain market Shell looking to quadruple oil output in Brazil by 2020 Höegh LNG shelves FLNG activities Alphaliner: French-Chinese alliance threatens 2M Container industry has one month to assess new rate practice Moody's downgrades its Maersk outlook ECSA chairman: EU shortsea policy has failed Farstad Shipping impaired for USD 150 million in 2015 CEO Engelstoft outlines the challenges at APM Shipping Services Akastor's drilling business takes deep plunge Hyundai Merchant Marine threatens partners with collapse Singapore ready to fight bunker fraud EU strategy recommends LNG import from the US Struggling Star Bulk places vessels in major Capesize pool Havila makes deal with banks and books huge impairment Golden Ocean exits 2015 with massive deficit Danaos delivers profit in rough container market Drewry: Container carrier reliability on the decline ExxonMobil: Flow meter is the black box of bunkering Det Norske Oljeselskap impairs acquisition by USD 192 million Dan-Bunkering CEO joins IBIA board New Chinese container giant: Merger crucial for survival EU faced difficult case against container carriers Thieves stole costly bunker oil from Norden vessel Teekay Tankers boosts result big-time for 2015 The battle for Havila's assets has begun The dry bulk clouds now cast shadow on Klaveness Deep Sea Supply forced to idle more ships Report: 50 pct of shipping employees are looking for a job BW Offshore heralds additional layoffs Golden Ocean raises USD 200 million and aims for more Baltic shipbuilder Fayard delivers record result for 2015 Impairments pull Rickmers Maritime into the red This week's top stories on ShippingWatch Insurer opens for coverage in Iran Robert Uggla is now launching the strategy for Svitzer Standard & Poor's lowers projections for Maersk Nakilat makes gains in weak LNG market Greek and Chinese owners behind 40 pct of scrapping in 2015 Maersk and Qatargas to collaborate on new fuel project Dubai-office to head Oldendorff's India/Africa activities The new shipping jobs are found in the gas sector SeaIntel: Feeder ships will be next order boom Morgan Stanley: Gloomy container prospects for 2016 CMA CGM confirms meetings about French-Chinese alliance Chinese shipbuilder could face bankruptcy Monjasa promotes manager to new COO position NordLB and Offen to advise on bankruptcy takeovers DVB snatches up shipping exec from HSH Nordbank IEA projects low oil price until 2017 Hapag-Lloyd exits 2015 with EUR 366.4 million operating profits Golden Ocean CEO: Recapitalization was a massive success Maersk Oil completes large-scale acquisition in Africa Drewry: Tanker rates will slide over the next two years Navios: Bulk market as difficult as ever existed MPA got clear warnings about Dennis Tan before OW collapse Golden Ocean receives Nasdaq warning Three-pronged strategy to revitalize Suez Canal Media: HMM has vital backing from Korean bank Mining major Fortescue maintains high production Milaha boosted by tanker and logistics in 2015 This is where China's new container player stands Klaveness presents plan to escape the dry bulk crisis GMS urges shipping industry to rethink Alang J. Lauritzen lost USD 313 million in 2015 J. Lauritzen's CFO steps down John Fredriksen's fortune down 40 pct Bourbon crew kidnapped off Nigerian coast Seadrill plans large-scale cost reductions in 2016 Brazilian Vale sees deficit explode Lauritzen CEO sees weak market continuing several years Statistics confirm 2016 investment plunge in the North Sea Struggling Siem Offshore in huge deficit for 2015 Record-low growth in the world's container ports in 2015 Welltec in red after a run of profitable years Finnlines improved its result again in 2015 Deepwater Horizon rig manager acquitted Five days of massive losses tremble the bulk industry Scorpio Tankers gets decent price on five ships Danish Ship Finance: Low oil price can increase overcapacity The Baltic Exchange weighs potential sale Halliburton axes 5000 workers Team Tankers was less busy in the fourth quarter Oil price drags driller Songa Offshore further down Brazil enters major cartel case against car carriers Sweden's Laurin family to expand its tanker carrier Bulk Invest CEO puzzled by Japanese injunction This week's top stories on ShippingWatch Jinhui Shipping: Bulk market got chaotic end 2015 Subsea 7 lands major Egyptian deal with BP BW LPG: We should not be too optimistic right now Panalpina replaces CEO and chairman Viking Supply Ships needs new agreement with lenders Bulk Invest has claims of USD 250 million Frontline believes the tanker market will remain strong Scorpio Bulkers in USD 510 million net loss for 2015 Pacific Basin cuts losses in dry bulk Dong Energy announces new large-scale layoffs Odfjell Drilling takes big hit from oil price Hafnia Tankers bags major savings with new loan Scorpio Tankers delivers USD 221.3 million profit in 2015 HMM uses this number to put pressure on partners Havila Shipping lost USD 173 million in 2015 Golar LNG in 2015 deficit after red quarter Star Bulk cancels newbuildings after huge deficit Farstad reduction efforts reach office workforce Gulftainer appoints new CEO Tina Revsbech to start as BW Pacific CEO in August MPA: Not unusual for companies to move - especially now Impairment pulls Höegh LNG into the red in 2015 Glencore impairs and divests assets Norden hit with USD 285 million deficit in 2015 Esben Poulsson picked as new ICS chairman Euronav CEO predicts floating storage in few months Port of Rotterdam lifts throughput and revenue Cosco will radically overhaul shipping alliances Kuehne + Nagel delivers record 2015 result Alfa Laval plans world's largest LNG test facility Final court case in OW aftermath just a few weeks away Maersk Line looking to beat reefer peers with GPS Subsea 7 struggles with impairments and orderbooks Current financial haze shrouds Norden CEO Rindbo's view Bulk Invest shares suspended on Oslo Stock Exchange Bond loans in Norwegian offshore trading at junk prices Fishery shares to fund Fredriksen's oil flop These carriers are squeezed by HMM's meltdown Topaz lands five-year contract with BP for 14 vessels Fraud Squad charges former CEO in OW case This is how shipping fortunes developed in 2015 Media: New container alliance courts Iranian carrier Bulk Invest files for bankruptcy What happened to the Alang principles, Maersk?Alphaliner: Idled fleet climbs to six-year high d'Amico tanker business back in the black with big profits "We were prepared to give USD 40 million to shipowners"Media: More OW charges could be coming Roger Janson steps down as Cargill Transportation CEO Nordea lowers oil price estimates Port of Gothenburg expands with new terminal OW management will look at page 41 in trustee report Container rates dip to lowest level on record Hapag-Lloyd upgrades efforts in container ship special cargo Seadrill blows up on the stock exchange This week's top stories on ShippingWatch Wärtsilä hit by engine-fraud scandal Orient Overseas: Major uncertainty in 2016 Xeneta: 2016 contracts impacted by sliding rates Wärtsilä: Engine manipulation took place for years Evergreen sons in battle for the family business Is it okay to scrap a vessel here?Clarksons boosts result in challenging markets Statoil cancels two rigs in rough oil market Analysts: Offshore carriers do not impair enough Drewry believes in merger between HMM and Hanjin Torm lands USD 127 million full-year profit Torm to establish holding company in London CMA CGM delivers profit of USD 567 million A few more ships could get ballast water going DSME hit with billion dollar deficit Analysts anticipate new major sale from Maersk Oil and gas workers top Norwegian wage rankings Mining giants enter iron ore deal for China Shipowners in harsh criticism of EU port directive Jacob Meldgaard: Still aiming for an IPO this year V. Group strengthens offshore with new acquisition Engine manufacturers to discuss testing scandals Chinese export in record slide since recession Sturdy dry bulk carrier hit harder than expected Drones to provide big savings for Maersk Tankers APM Terminals completes Spanish billion dollar acquisition DryShips' deficit skyrockets Boskalis' result boosted by Suez Canal Desperate container carriers knock down prices from Far East Desmi Danmark delivered an improved result for 2015 "This is bad and self-destructive for the industry"Norden board member steps down after 31 years Drewry: The age of mega-ships is running out Japanese shipowners in fierce battle against Bulk Invest 2015 was a record year for Wrist Ship Supply Korean shipping majors must reduce debt New report: Downturn devours 50,000 Norwegian oil jobs Japanese dry bulk carrier obtains vital capital One incident sent spillage statistics soaring at Maersk Drilling Deutsche Bank: Chinese oil demand could be cut in half Offshore crisis sent Bourbon tumbling in 2015 Trustee to scrutinize controversial Bulk Invest divestment Shipbuilder DSME to axe 12000 employees China in talks with Iran for shipping projects Havila reduces share capital by 96 percent Seven Seas breakaway launches new supply company DNB Markets: Floating oil deposits hit record level EU puts pressure on Greece in tax dispute Media: Maersk preparing new EUR 300 million bond loan Genco Shipping lost USD 194.9 million in 2015 Depressed shipping markets rub off on MAN Rates on Asia-Europe slide for ninth consecutive week Russia's Global Ports down big-time in 2015 This week's top stories on ShippingWatch Hafnia Tankers made USD 77 million in 2015 Fear of new human trafficking route at sea Viking Supply Ships idles even more vessels Broker CEO bought Bulk Invest shares just before collapse Why Seven Seas has kept its war chest closed DSME to issue new shares as part of rescue plan Temporary insurance solution for Iranian voyages Maersk Line: Rate collapse a threat to Brazil's export growth Concerns about bias among offshore carriers' banks SeaIntel: Shipowners' surcharges could hit shippers hard Dorian's LPG pool bags major deal with Chinese gas company Dry bulk carriers lost billions of dollars in 2015 IBIA joins forces with carriers' sulfur alliance Songa Offshore's market value cut in half on Oslo exchange Do ships or wind turbines have first claim on the sea?Uni-Tankers expects best result yet EU nations agree on tough stance against Russia Jens Ismar rejects all accusations of foul play Maersk Broker in new dry bulk partnership MPA declines to comment on whistleblower Odfjell Terminals appoints new CEO Investors want the Maersk Group split up Nordic Shipholding's profits surge Media: Maersk prepared to bid on Iranian oil project This is how DSV landed the UTi acquistion BW Group establishes dry bulk company Korea's HMM lost USD 525 million in 2015 Gener8 Maritime sees strong crude market continuing Alphaliner: New record for idle container ships Blue Water chairman: No rush to find new CEO Shipowners: We could lose Africa to the Chinese Euronav CEO: Much better crude market in 2016 New share issue flops for Golden Ocean NileDutch buys African project activities from Maersk Deutsche Bank: Bulk carriers face further decline Swedish Club: Dry bulk vessel cargo tops list of damage claims DP World targets growth in spite of weak markets Insurance industry faces a lurking risk at sea Glencore looking to sell Australian coal train unit Drewry: Container carrier reliability at rock bottom Port of Esbjerg stands strong in struggling oil and gas market This is the plan for newly established BW Dry Cargo HMM gets breather from Korea Development Bank Alfa Laval takes on new ballast water test in the US Rio Tinto appoints new CEO to start in April Shippers to Vestager: Drop deal with container carriers Moody's predicts 18 more months of dark days for shipping Bunker industry hesitates with LNG Norient Product Pool needs to streamline more Attack on Statoil facility in Algeria CMA CGM increases ambitions in West Africa Dutch ports respond to EU taxation case This week's top stories on ShippingWatch Shipping banks target the same solid customers Largest US oil refinery now under Saudi control Cosco signs 27-year contract with Brazil's Vale This is how North Sea accidents can be reduced PSA CEO: Market changing at unprecedented pace Key Vale strategist dies in plane crash Minister rules out major Korean shipping merger Viking delivers record profits in squeezed offshore market Media: Equity fund sells all shares in struggling bulk carrier Drewry: Complex logistics market strains shippers SeaIntel: Big orderbooks force carriers to pick new strategy Lloyd Fonds: Shipping markets too weak for IPO Nordea: Doha deal will not change supply but increase price Total number of lost ships at ten-year low Sovcomflot quadrupled bottom line in 2015 Torm takes next step in England move Petrobras lost USD 10 billion in one quarter Key case in OW aftermath begins Tuesday EU funds new Finnish LNG terminal close to Russia Impairments send Topaz Energy into big deficit Nordea: Torm's IPO plans in 2016 look tough Offshore investments at severe standstill Bulk carrier enters 20-year deal with mining major Maersk Drilling fires 70 rig workers in Norway Nicaragua Canal project to begin in August Japan's Weathernews bags deal with Maersk Maersk Line expands bridge equipment order from Wärtsilä Viking Supply Ships seeking standstill agreement from bondholders 5 quick questions to DNB Bank's head of Singapore Clarksons Platou: Rates soar for anchor vessels in the North Sea Easter on ShippingWatch Alphaliner: Growing risk of biggest container bankruptcy ever Seadrill extends contract with Petrobras Hapag-Lloyd in black in 2015 with EUR 114 million net profit Hapag-Lloyd CEO looking to expand cooperation in alliances Pirates release kidnapped Bourbon crew J. Lauritzen has sold it stake in Hafnia Tankers OMT could win major Australian order for warships Chinese terminal operator increases profit by 30 percent Thome under pressure to work smarter SeaIntel: New mega-alliance to challenge 2M Media: Shell on its way out of the North Sea Xeneta: Big shippers paying for mega box ships Large-scale Bourbon takeover gives Evergas new owners Monjasa tanker convicted in Nigeria oil case Monjasa maintains innocence after Nigerian conviction Norwegian shipowners project thousands of layoffs in 2016 Maersk contract in Africa terminated prematurely Zim delivers a small 2015 profit after recent deficits 175 new dry bulk vessels delivered this year Dong terminates supplier contract for troubled oil field CEO on the first 365 days in charge of Thome HMM: Here is the rescue plan progress report Hempel delivers record result for the third straight year Alphaliner: Carriers stick with slow steaming APM Terminals invests huge sums in Morocco HSH Nordbank CEO wants to exit contract Svitzer orders four new tugboats Misuga Ship Management sees a tough yet profitable 2016 Statoil extends substantial drilling contracts Hapag-Lloyd pushes back plans for mega-vessels Desmi achieves stable 2015 result in weak marine market Danaos left vulnerable after South Korean meltdown MOL maps dry bulk and container loss in detail State aid offset China Cosco's setback in 2015 Maersk Oil announces further layoffs Alphabulk: IPO is a questionable solution for bulk carriers Cosco orders new giant bulk vessels Now the offshore sector's cuts mean that even the coffee is scrutinized Royal Arctic Line's profit shot up in 2015 Boskalis bags big Korean Sverdrup contract Janholt in strategic deal with management giant Danish Ship Finance eyes risk of more non-performing loans This week's top stories on ShippingWatch K-Line projects massive loss following dry bulk scaledown Maersk considers shutting down huge North Sea gas field Svitzer appoints new Managing Director for Australia Maersk Broker brings in former partners from Lightship Hundreds of jobs at risk at Odfjell Drilling Two mining behemoths consider new collaboration Boskalis completes German acquisition Suez to attract container carriers with big discount South Korean yards left with empty order books Drewry: This is where all the new ships end up World's biggest VLCC owner is back in business ATP sues OW Bunker executive team and equity fund Altor Million dollar fees for owners hit Scorpio NGO: Environmental standards too low Maritime authority makes ship data publicly available SeaIntel: Oil gains can become an expense in 2016 Vale divests large stake in Brazilian steel company Kvaerner switches CFO at rapid notice BP to pay massive settlement for Deepwater Horizon spill Norwegian offshore companies slash hundreds more workers Flag states rarely investigate bulk vessel shipwrecks Norden outperforms competition in product tanker earnings Engine manufacturers reject meeting to discuss test fraud Noble Chartering moves to Singapore to reduce costs More newbuildings on the way to struggling Hyundai Judge seals settlement in SBM Offshore bribery case Paolo d'Amico: We will stay active in bulk Shipping has lost USD 65 billion in market value SeaIntel: Reliability plunges for third month in a row Stena Line expands fleet with four new ferries Brexit could throw British shipping completely off course Greek shipowner buys more vessels from himself Kvaerner linked to the "bribe factory" case Major oil deal suffers new setback Alphabulk: Dry bulk fleet has tripled since 2000 Lightship Chartering sets up new tanker company Noble bets on unstructured India Stolt-Nielsen sees strong 2016 after solid quarter Standard & Poor's lowers CMA CGM for NOL acquisition Wintershall increases production in weak oil market Fearnley: Golden Ocean can manage at USD 6000 per day SEA Europe overrules chairman in engine fraud case Drewry: Maersk Line's market in chronic overcapacity Rolls Royce Marine to axe even more employees Seven technologies to salvage the oil industry NordLB will reduce loans to shipping by one third Maersk Line and APM Terminals in exclusive deals HMM expects deal with shipowners by May Farstad Shipping appoints new CFO Overcapacity in shipping reflected in Cargill's results Kuehne + Nagel notes big growth in reefer transports Media: Aker CEO inquired about rumors at meeting First – brief – interview with Alison Riegels in 31 years Japanese shipowner ready for major offshore acquisitions Last week's top stories on ShippingWatch Chinese container factory plans huge expansion Antwerp's Saverys family now has 60 bulkers Container shipowners appeal Russian competition ruling Maersk and Dong pressure subcontractors on price Fewer containers through global ports Wärtsilä: Customers show understanding in engine fraud case Svitzer in large-scale Canadian expansion J. Lauritzen owner suffers loss of USD 244 million Norwegian authorities find safety violations in fatal rig accident Maersk Tankers: Asset prices are now too high New rules for dangerous bulk cargo will take years Media: Shipowners put pressure on debt-plagued Hyundai Capesize pool opens up to more members Maersk's dividends to shareholders: Minus USD 65 Owner: J. Lauritzen is on its own now Pirates kidnap six seafarers off the coast of Nigeria Huge divestments save Norway's Atlantic Offshore Nordic Shipholding pulls tankers from Maersk-led pool CMA CGM makes offer to secure EU approval NOL purchase New research will use waste heat from engines to create energy Drewry: Shippers have negotiated rates way down Maersk rejects all notions of tax speculation Maersk maintains strategy in spite of oil strain Australia's Fortescue delivers above expectations These are the new EU requirements for responsible scrapping Surprisingly positive data on China's economy Tommy Thomsen joins the board at Lauritzen International oil traders call off the oil crisis It is now time for the IMO to deliver after COP21 World's largest coal producer suspends payments Lauritzen's offshore venture postpones vessels again Shipowners criticize EU scrapping requirements Alphaliner: Container carriers headed for large impairments Large-scale merger underway in German shipping Intense criticism of Atlantic Offshore rescue sale This is how much Greek shipowners voluntarily paid in taxes Media: Authorities investigate French Bolloré China cuts back on coal – Indian hope fades Report: Attacks on vessels in Asia declined in Q1 ICS pushing for CO2 system ahead of meeting Drewry: Multipurpose recovery on the far horizon Major banks: The low oil price will soon be history Drewry: Maersk Line headed for major Q1 deficit New Clipper CEO: Dry bulk requires baby steps Analyst: This is the beginning of a positive trend in dry bulk Shareholders vote down pay raise for BP boss Danske Bank: Global shipping shares decline big-time South Korean yards struggling to enter new markets OW Bunker damage claims may be difficult in the US Report: Exploration to be slashed in half in Norway Kim Fejfer: There will be clear winners and losers This week's top stories on ShippingWatch Will an impeachment of Roussef shatter Brazil's oil dreams?Bleak Maersk Line forecast takes analysts by surprise Nordea: Oil will flood the market after failed OPEC meeting Engineers boost heavy lift carrier Kristian Siem: This offshore cycle is not normal Equity fund buys US terminal from Deutsche Bank Maersk needs a technological revolution Norway's oil fund ditches 52 coal and mining companies SeaIntel: Logistics giants miscalculated seafreight growth Is Maersk ready to reinvent itself?OPEC collapse is best possible news for tankers ECSA Chairman: Shipping has woken up to environmental efforts Court accuses Rotterdam port union of abusing its power Shipping lobby calls for sulfur decision in 2016 Pacific Basin to raise USD 150 million Maersk Oil struggling with weak acquisition market Kuehne + Nagel boosts market shares in seafreight Havila loses another Petrobras contract Ultragas looking to expand fleet in 2016 Dry bulk pushes Grieg Star into the red Denmark's shipyards and suppliers project growth in 2016 Oil price sustained by Kuwait strikes The IMO looks on track to agree on CO2 system Four carriers confirm new giant container alliance More small nations prepare for ballast water requirements Maersk Line: We are caught in a vicious cycle Top analyst warns oil industry against scaling down too much Deutsche Bank: Hanjin may need debt relief This is why shipowners are displeased with scrapping rules Hamburg Süd boosted by South American acquisition Alphaliner: Container capacity growth to drop 50 pct in 2016 New container regulations could tilt competition Port of Rotterdam facing container crisis Introducing the new major Ocean Alliance A decision would be made to make a decision, if...Arabian gas carrier Nakilat boosts result by eight pct ShippingWatch is closed on Friday April 22nd Hapag-Lloyd and UASC confirm cooperation talks Iran desperately needs tankers for oil export Panalpina down 10 percent on seafreight Alphabulk: China's five-year plan will reduce steel industry Analysts: Worst months for dry bulk ever Wärtsilä in large-scale layoffs due to yard crisis Maritime organizations call for uniform container weight rules Golden Ocean CEO Herman Billung steps down The Silk Road could hold opportunities for shipping Merger gives Hapag-Lloyd access to mega-vessels Squeezed carrier sells dry bulk vessels for 1 USD apiece Norway launches biggest investment program ever Venezuela's debt to carriers is close to USD one billion Former Lightship partner joins Maersk Broker Hanjin's fate is now in the hands of its creditors Vulnerable container carriers can be left out in the cold APM Terminals' acquisition checklist altered radically Keppel: Severe dry spell for our offshore division Hanjin to divest dry bulk vessels and property V.Ships rejects rumors of approaching sale Alfa Laval struck by low oil price and few newbuildings Impairment digs Deep Sea Supply into deeper deficit Milaha takes Q1 hit from container and offshore Management reshuffle at J. Lauritzen in Singapore Seaspan increases operating profits in first quarter APM Terminals employee released by his kidnappers Struggling Hyundai shipyard delivers profits in the first quarter Clarksons Platou loses faith in Maersk in 2016 Concordia Maritime: Slightly weaker tanker market in 2016 Low oil prices cut deep in Statoil's first quarter Welltec fires ratings bureau after downgrade Rescue plan for Korean shipping giants enters 11th hour Euronav: Strongest first quarter in eight years IMO meeting pleases shipowners but disappoints environmentalists Now comes the legal battle about systematic fraud at Danish bunker supplier Dong improves result significantly in the first quarter New vessels are now impacting rates at Avance Gas New major alliance will set sail in 2017 Prosafe seeks help from banks and replaces CEO Scorpio Tankers suffers first quarter setback More seafarers are being kidnapped by pirates Senior VP resigns from Western Bulk Chartering Hapag-Lloyd risks credit rating setback after merger rumors Accountant casts doubts on Dryships' survival Japanese carriers perform worse than expected Media: Maersk set to keep hold of oil field in Qatar Analyst firm Wood Mackenzie warns of global oil deficiency Split with Golden Ocean surprised Herman Billung Subsea 7 downgrades 2016 forecast Maersk taps Semco Maritime for prestige Culzean field DNB: Offshore faces long-term challenges City of Copenhagen sells off all its Maersk shares Analysts: Yard crisis drags down tanker asset values Singapore revokes license from two bunker suppliers DP World projects continued growth in 2016 Is Copenhagen's Maersk divestment just an early warning?Fredriksen's Seadrill bags crucial credit agreement Large MSC container ship blocking the Suez Canal London P&I warns against Indonesian coal Exmar notes positive results from stable contracts Aker Solutions loses big chunk of its revenue Countdown underway to crucial Maersk earnings report Offshore crisis now hitting the shipping banks China Cosco exits first quarter with major deficit This week's top stories on ShippingWatch Suez Canal operational again after being blocked by MSC vessel Statoil: One of the worst accidents in Norwegian offshore Increasing cargo volumes boost Royal Arctic Line Analyst takes the reins at Golden Ocean Ultrabulk loses momentum but remains in plus CEO of Norwegian Hull Club steps down Controversial business fling costs Halliburton USD 3.5 billion Pacific Basin looking at vessels in rival fleets Maersk Oil stops all flight with crash-prone helicopter HSH Nordbank must be privatized by 2018 Nordic American Tankers buys four mature vessels Drewry: No improvements for LNG rates before 2018 Statoil expands ownership stake in Sverdrup-partner Viking Supply Ships moves closer to recapitalization Korean plea to shipowners: Drastic rate decline is necessary Maersk forms alliance with Lego and Danske Bank Commerzbank scales down shipping loans Norwegian tragedy shock to helicopter companies Deutsche Bank expects a loss of USD 20 million for Scorpio Bulkers DFDS extends military deal from Denmark and Germany Norway's DHT Holdings continues to soar on tanker wave Low rates hit Rickmers Maritime with loss Kvaerner delivers stable operations in Q1 Scorpio Bulkers hit with bigger loss than expected Projections span hundreds of millions ahead of Maersk report Maersk Line surprises with Q1 profit All-time low dry bulk market hits Norden with deficit Seadrill cuts ties to North Atlantic Drilling More seafarers are being killed by pirates in West Africa Media: MSC settles in OW Bunker payment dispute Smedegaard: Maersk Line takes market shares in struggling sector Halliburton books billion dollar loss Carriers disgruntled with taxation on EU aid Four operators to compete for Panama's new port Norden CEO: Fewer ships not enough to solve bulk crisis Alphaliner: Eight carriers to form new major alliance Here is an overview of the Maersk Q1 earnings report Bourbon off to a weak 2016 start ShippingWatch is closed Thursday May 5th APM Terminals in Gothenburg risks more strikes 500 employees have been laid off from Semco Maritime New tension on the world's largest tanker route Hanjin Shipping gets three months to settle its future Greek steal on drilling vessel causes concern Shipping may struggle to explain CO2 fluctuations Fayard recruits experienced German yard boss Solving the puzzle on the container market Maersk Line CEO saw no way around the price war This week's top picks on ShippingWatch Maersk vessel in dramatic collision off the coast of China Thome exec takes the reins of Indian shipping group Cosco yards lose 27 percent of revenue Italian carrier d'Amico plays it safe in product tankers Maersk Tankers CEO: Our strategy is boosting results South Korea's shipbuilding island stands to lose every fourth employee Maersk Line CEO sees advantage in alliance commotion NOL's deficit grew significantly in the first quarter Now comes the OW verdict all carriers are waiting for 18 container carriers consolidated away over 20 years Maersk Oil slashes employees across three cities Nordic American Tankers doubts Suezmax deliveries Odfjell lands first quarterly profit since 2013 CFO appointed to head major German bank IBIA Chairman calls on bunker industry to expose fraud Container market could go from bad to worse Nordic Tankers delivers modest profit in 2015 with fewer ships Drewry: Container prices at lowest level since 2002 Hempel CEO faces tough act in following predecessor Hard-pressed Havila logs first quarter profit Norwegian shipyard Ulstein delivers big deficit Navigator Holdings loses ground in first quarter Saudi oil company plans IPO in three places Hyundai Heavy's workers want to pick new director Boskalis in setback following Suez completion J. Lauritzen got a bad start to 2016 Gothenburg union threatens new strikes C-leanship finally launched after big delays Eagle Bulk's deficit grew in Q1 2016 Shipowners lose OW Bunker case at UK Supreme Court Media: Carriers getting ready for new global alliance New low point in leasing of Panamax container ships Maersk Oil: North Sea hinges on Tyra Golar LNG reshuffles management and expands business Extreme start to 2016 took J. Lauritzen CEO by surprise Scrubbers boosted Finnlines in first quarter UTi takeover puts pressure on DSV in Q1 result DFDS headed for new record result Torm delivered USD 31 million profit in Q1 Blue Water and Topaz secure massive Kazakhstan contract OW Bunker liquidator will now intensify debt recovery Dong IPO finally set in motion Alphaliner: Panamax ships scrambling to find new routes Team Tankers notes increased fleet earnings DFDS CEO heralds continued growth on English Channel DSV to lay off several thousand employees Tax shelter at center of fraud case against Danish bunker company Offshore crisis could force DNV GL to slash 1,000 workers Six container carriers formally announce new global alliance Hanjin gets no reduction on charter rates Hyundai on new alliance: We want in too Hapag-Lloyd back in the red after tough Q1 Farstad Shipping achieves profit from currency gains Maersk sends first vessels to be recycled at Alang Hanjin Heavy Industries lands deal with creditors One-off gain saves Wilhelmsen's operating result Analyst: HMM unlikely to survive without The Alliance ShippingWatch is closed Monday May 16th Skuld delivered 2015 profit in weak market This week's top stories on ShippingWatch Nordic Tankers has cut one in four jobs New route boosts Maersk Line in Asia Media: Big carriers may be gone in ten years Wärtsilä finds relief from crisis in cruise liners DSV lands agreement with Arab shipping group Two terminal giants pull far ahead of the competition Bimco: Shipping will be short 147,000 officers by 2025 South Korean carriers log huge losses in the first quarter Epic Gas reduced its deficit in the first quarter New strike hits Port of Gothenburg as talks collapse The Swedish ship register shrank in 2015 Fraud-charged bunker supplier paid huge sums to tax shelter Former Russian shipping execs charged with million dollar fraud State bank becomes HMM's largest shareholder Bladt and Semco awarded major order by Dong Energy Maersk considers acquisitions beyond core business Danish Ship Finance: Green agenda threatens tanker market NordLB logs loss after new shipping impairments Wärtsilä on engine fraud: Now we must prove our worth Statoil's report on helicopter crash expected by September Diana Shipping's deficit grows big-time in Q1 HMM missed rate agreement with shipowners Royal Arctic Line and Eimskip enter partnership TransNav plans to double its fleet OECD: Shipping will pay big price for sulfur regulations Analysts: Several North Sea oil projects are profitable again Nearly one in ten vessels violate North Sea sulfur regulations Offshore companies in merger worth USD 13 billion Hafnia Tankers kicks off 2016 in strong form MCC: Intra-Asia is in a scary situation Former Maersk CEO with new maritime mission Modern ships boosted Sovcomflot in first quarter Euronav calls off Suezmax joint venture Lauritzen owner has acquired two gas carriers from Kosan XO Shipping: The major carriers are too old school BW LPG bags USD 60 million Q1 profit DryShips has suspended all payments DFDS' strong performance triggers big bonus for senior execs MCC targets Asia's new market Myanmar Maersk Broker achieved best result in four years Skuld expands with purchase of Norwegian insurance peer Stena Weco surpassed own expectations in 2015 This week's top stories on ShippingWatch CMA CGM logs USD 100 million loss EU: Our requirements will improve conditions in Alang HMM gets more time for rate negotiations Subsea 7 wins billion dollar contract in North Sea Sulfur violators can get away with minor penalties Statoil pays USD 61 million to get rid of Seadrill rig SeaIntel: Container carriers will multiply losses in 2016 BW Offshore raises USD 500 million in new liquidity Korean yard giants weigh sale of floating docks Less cargo through the Port of Hamburg Gearbulk in secret settlement regarding Bulk Jupiter wreck Golden Ocean hit with big deficit in Q1 Nigerian unrest could spell bad news for tankers Greek shipowners: Higher taxes will trigger out-flagging Esvagt's revenue surpassed USD 150 mil amidst industry crisis Topaz notes declining activity in 2016 Shipowners open to reversed burden of proof HMM's hour of reckoning approaches Lauritzen CEO Kastrup-Nielsen to step down Economists: Oil investments to decline less than expected Cargill senior analyst: 1000 bulk vessels need to be scrapped Seago Line surprises with major profit in 2015 Negotiations make Hapag-Lloyd postpone general assembly Fresh strikes will soon hit the Greek ports Nordic Shipholding lost earnings in Q1 China clears CMA CGM's takeover of NOL Alphaliner: Maersk Line takes the lead in intense price war Sevan Marine execs take pay cut to keep company afloat Singapore's SGX makes cash offer for the Baltic Exchange DFDS Chairman: Our top execs are worth the money These are the themes for Danish Maritime Days 2016 Korean state bank pulls STX Offshore towards receivership Dong IPO prospectus sets price at around USD 15 billion Blue Water owner: New Caspian Sea gig is the pinnacle Gothenburg conflict spreads to other ports Asian ports have less work to do First Maersk vessel arrives at the beach in Alang Seadrill sees operating profit slide in first quarter Dong: Hejre provisions could increase significantly Media: four competitors vying for Maersk Oil's Qatar field Yet another leading offshore figure succumbs to the dire market Maersk Container Industries lost USD 59 million in 2015 Topaz to compete with Asians for the next 18 months Collaboration heralds new era for Royal Arctic Line Maersk Drilling buys jack-up for five year North Sea contract HMM has softened several European shipowners Media: Financial supervisor targets equity fund behind OW Bunker Songa Offshore improved its bottom line in Q1 Topaz boosts Mexico presence and finds new business area Bimco: Higher dry bulk rates make carriers halt scrapping ICS: Competing interests could make it difficult to scrap ships This week's top stories on ShippingWatch HMM: Agreement with shipowners settled soon Mystery deepens concerning role of tax shelter in fraud case Maersk considers flagging out ships in response to EU rules South Korean yards' debt stands at billions of dollars Herning Shipping lost close to USD 15 million Wärtsilä wins order for four RoRo ferries Large oil companies see debt grow by one third SeaIntel: Ships use far less time in African ports Drewry questions DP World's 2020 target CMA CGM ready to make final NOL takeover offer Frontline soars in Q1 and eyes strong market ahead Maersk wants more carriers to scrap ships in Alang Unemployed ships filling up Singapore's waters Bulk carrier Jinhui Shipping knocked flat in Q1 Robert Bugbee eyes a three-year tanker upswing Deep Sea Supply continues to idle vessels HMM secures vital agreement with bondholders A2Sea suffers multi-million dollar deficit in 2015 Boskalis lands Fehmarn contract for EUR 300 million Dorian LPG improved its results big-time in 2015 DSME presents final rescue plan Rickmers-Linie acquires Nordana Project Lightship: Former partner hit us with huge claims Unifeeder's earnings take big dive Scan Global sale could kickstart expansion in Asia Norwegian oil company headed towards big Iranian deal Why owner Wedell-Wedellsborg sold Nordana Project to Rickmers HMM wraps negotiations with bondholders These are the key points in Danish Ship Finance's market review APM Terminals CEO: Too soon to say when the tide will turn NGO: Maersk undermines European regulations Bulk Invest bankruptcy hits Western Bulk Chartering Hafnia Tankers is equipped to handle high oil price Media: Hanjin is getting nowhere in rate negotiations Welltec takes a beating in Q1 Deep Sea Supply replaces oil business with fishery Stena Group's operating profit lost steam in Q1 Former Lightship partners in open clash with owner ICS picks Esben Poulsson as new Chairman APM Terminals will invest USD one billion annually Maersk Line signs deal with Russian aluminum giant Swire Blue Ocean delivers profit of USD 17 million in 2015 "Unfortunately, I was wrong"Three tanker majors join forces in new pool UASC gains support for merger with Hapag-Lloyd Evergas delivers disappointing result for 2015 Monjasa Holding notes setback from dire shipping market Norway's Jotun projects gains in 2016 On the surface he looks most of all like a banker Prosafe believes in financial solution this summer BP in USD 175 million settlement with shareholders This week's top stories on ShippingWatch Major HMM shareholders reduce capital Bunker company made big profit on alleged fraud Carriers' flag strategy could be blocked by EU rules Ultranav books lower result than expected in 2015 Thorco: We have thought a lot about leaving shipping Aker awarded major contract on giant gas field Drewry: 2M looking to beat The Alliance on transit times Swire Blue Ocean: Recovery postponed to 2019 Major South Korean shipyards push on with rescue plans Weak Norwegian currency improves Color Line operating result International tanker vessels now rushing back to Iran Saudi Arabia lowers the oil price for European customers Maersk Line sees no solution on reversed burden of proof BW Group's CFO steps down with immediate effect DP World to build new port in Ecuador Damco sees Amazon as a huge threat Aker enters Solstad Offshore with large capital injection Monjasa chasing new deal with banks Oil Director: Norwegian offshore should not cut too deep Yard crisis could make new tankers even cheaper Skuld: British OW ruling could cause problems for charter EU is already using scrapping rule to stop carriers Suez Canal slashing toll prices for container carriers Oldendorff upgrades fleet for USD 1.5 billion NGOs criticize Maersk's new scrapping policy in joint statement Media: Iranian carrier set to order vessels for billions Trafigura hits milestone in oil trade Aker wins order worth more than USD 333 million Bimco sees two percent rise in bulk demand South Korea creates fund to bail out shipping Singapore joins forces with CMA CGM to regain lost market shares Low oil price puts an end to Arctic shipping route Seago Line deploys record-size vessels in the Mediterranean OMT lands Chinese feeder order for CMA CGM Authorities raid Korean shipbuilder Daewoo Ardmore buys six MR vessels Pirate attacks in Nigeria could spread to port terminals Seadrill secures new debt agreement Statoil outlines three energy scenarios ahead of 2040 Carriers must pay out of their own pockets for Swedish sulfur inspections HSH Nordbank hurt by shipping and EU requirement Swire lands big wind turbine contract with Siemens Banks call for German carrier to sell fleet BP and Det norske establish new energy giant Hyundai Merchant and shipowners agree on new contracts Fredriksen expands tanker fleet with more newbuildings Maersk Line wants to conquer more cargo from specialized carriers Carrier files bankruptcy petition against Viking Supply BW LPG appoints new Senior VP Commercial NOL shareholders have one month to get on board This week's top stories on ShippingWatch Introducing Norway's new oil and gas behemoth Alphabulk: Capesize fleet speeding up Drewry: Sliding rates could force carriers to sell ports Norden sells its last Post-Panamax vessels Nigerian rebel group aims to stop oil attacks Viking Supply Ships books new deficit and rejects bankruptcy OMT on the feeder market: There is barely a pulse P&O Ferries sets new record on the English Channel European shipowners lash out at EU scrapping rules Desmi Ocean Guard bags new ballast water approval Robert Uggla steps down as CEO of Svitzer Kjell Inge Røkke has become Norway's undisputed oil king South Korean President: Yard crisis threatens entire economy SeaIntel: Container carriers on their way out of the slump Uggla could get no further as Maersk Chief Exec Revenue at Monjasa's Danish unit dives Frontline has sold its last MR vessels A merger of HMM and Hanjin is still on the table Tanker shares plunge further in 2016 Media: Singapore companies accused of bribery NOL appoints new top executive team Investors intensify offloading of container shares "Shipping is hard, that's just how it is"IEA: Oil market approaching equilibrium Trident Alliance complains over Swedish sulfur inspections Nordana booked USD 27 million deficit on project cargo Stena Bulk: We do respect 2017 Shipowners concerned about Statoil's power DSME has allegedly swindled for USD 1 bln Navios takes Vale to court for breach of contract Thorco isolates costly vessel ownership in separate entity Scorpio Bulkers needs to raise extra capital yet again Idled supply vessels bring the spot market near balance Weco Shipping projects lower result for 2016 ABB targets green technologies after new layoffs Norden sells more vessels at a loss of USD 18 million Carriers weed out bunker traders following OW collapse Shipowner withdraws bankruptcy petition against Viking Supply Ships Samsung will lay off 1500 workers this year Nordic Bulk has plenty of appetite for the Arctic Alphaliner: Carriers forced to cut back on Pacific service Fearnley: Maersk Line headed out of the darkness Few Chinese yards book almost all new orders Credit bureaus have no knowledge of pivotal tax shelter in fraud case NGO: NOx levy optimal solution for ships' emissions Hanjin facing severe difficulties from chartered vessels Key witnesses are no show in spectacular fraud case Losses at eight bulk carriers could reach astronomic heights Danske Bank sees golden future for chemical tanker Grieg Star signs deal with banks worth USD 400 million OECD projects big growth in the maritime industry Major bulk shares take dramatic roller coaster ride in 2016 Lawyer: Statoil's squeeze on subcontractors resembles highway robbery FMC calls on container carriers to heed new weight regulation Last week's top stories on ShippingWatch SeaIntel: Container volumes in Russia down 28 percent Ardent targets billion-dollar decommissioning market Five carriers face prosecution for sulfur violations Rescue for Falck Safety Services requires higher oil price Bimco opens new office in Singapore Media: Putin weighing partial sale of Rosneft Torm and Hafnia are investor hunting on Park Ave Norwegian oil company impairs field Report: Electric cars could trim gas consumption by 20 percent Drewry: Shippers call off peak season in 2016 Norden CEO Rindbo's tough balancing act Eagle Bulk opens new office in Hamburg Maersk Oil: The hunt for acquisitions will pay off within a year Morgan Stanley: Is the tanker boom over?South Korea would pay big price if Hanjin and HMM folded Wärtsilä sells two-stroke business to Chinese shipbuilder Aker-owned Ocean Yield invests in ultra large container ships BBC Chartering expects black figures again EU Investment Bank earmarks EUR 1 billion for cleaner shipping BW Offshore gets banks on board for USD 500 million deal British shipping fears EU exit Thursday Southeast Asian nations prepare corridor through pirate-infested waters Media: Major shipping banks to face scrutiny Clipper buys four ships from Norden Altor founder takes no responsibility for OW BBC Chartering in Asia: Our engineers bring in the jobs Unifeeder subsidiary begins Iranian sailings BHP Billiton projects growing demand for coal Ballast water company approaching 100 orders this year Grimaldi cleared to take over all Finnlines shares Nordea casts doubt on 13 out of 14 rig companies Subsea 7 will lay off another 1200 employees Moody's: Operating profits in shipping could dive 10 pct this year World Fuel Services has appointed new Global Head of Sales Maersk Line and MSC confirm 2M talks with Hyundai EU agrees on new joint European Coast Guard Thorco Shipping gets new dry bulk sister carrier Royal Bank of Scotland close to huge sale of Greek shipping loans Large container vessels set records in Africa and India Kristian Siem explains new layoffs at Subsea 7 IBIA: Global sulfur requirements a seismic change for the industry OW Bunker's liquidator preparing massive claims against former execs Analyst: Maersk could end up buying HMM Maersk Line CEO replaces Smedegaard as Group CEO Søren Skou is the Maersk Group's new super CEO The Maersk Group faces highly uncertain future Dan-Bunkering cautions against false sense of security Shipowners disappointed with British EU exit Dong: We still believe in the UK Maersk: Brexit will complicate trade more across EU The DFDS share dives on Britain's EU exit Alphabulk: Shipping uses tax shelters on a large scale Bimco: Brexit is bad news for free trade DFDS CEO after Brexit: I'm looking after my business Seven seafarers kidnapped south of the Philippines Smedegaard was sent out in the cold by the Board This week's top stories on ShippingWatch Smedegaard: I had to take a moment to swallow my pride Media: More power to Robert Uggla in a fragmented Maersk Lenders turn their backs on Viking Supply Ships Maersk Line heralds larger vessels for the expanded Panama canal MSI: Second-hand tanker prices in big dive ahead of 2018 Port of Antwerp appoints new CEO Drewry: Korean government may have pulled the strings in 2M talks Thome's Copenhagen manager looking for new challenges "When Statoil says jump, you jump"Maersk Oil loses tender for vital Qatar field Qatar rejection is a big blow to Maersk Søren Skou has great expectations for new Svitzer CEO CMA CGM now owns more than 90 percent of NOL Shipowners want to map out potential for CO2 reduction Analysts: Loss of Qatar is rough for Maersk, but...APM Terminals dampens ambitions for South America Global Risk Management delivers fifth record result in a row Investor discontent rising at Japanese carriers amid losses Maersk Oil CEO on Qatar field: We took it to the limit Hapag-Lloyd Board clears UASC merger agreement Alphaliner: Israel's Zim could join the 2M alliance Smedegaard poised for huge severance package from Maersk CMA CGM is now ready to take over NOL Security considerations may have tripped Maersk in Qatar Media: EU expected to approve offer in antitrust case Norwegian oil workers report bad helicopter experiences Siem bags cable contract for British wind farm Hyundai Merchant pushes back restructuring deadline Maersk conglomerate began to impede its business units UASC approves Hapag-Lloyd merger deal Star Bulk books new major loss for Q1 Witness in criminal case: Sale of cheap bunker oil was risk-fraught Maersk Line eyes opportunities following Cuba thaw Boskalis awarded Scottish offshore wind contract XO Shipping: We prefer a slightly higher bottom level Former Odfjell CEO gets two-year sentence for tax-evasion Analyst prices Maersk Oil at USD 6-13 billion Maritime pilots praise port directive Scandlines retaliates against ministry in new report ShippingWatch conference in Singapore, November 25 Norden's head of dry cargo steps down Witnesses missing in criminal case against Danish bunker company New numbers from China show decline in activity Chinese consortium buys three Valemaxes Norden VP takes over as CEO of XO Shipping Three top players in product tanker get boost from ABN Amro Norden Chairman: Sad to lose Bonderup to competitor Maersk struck gold with oil - but what happens now?Last week's top stories on ShippingWatch XO Chairman prepared to wait 18 months for Bonderup SeaIntel: Bunker costs shipowners one billion dollars in Q2 Farstad free from payments for three months Alfa Laval edges closer to crucial ballast water application Bimco: Container ship scrapping tripled this year Still more tankers are waiting with full tanks Rio Tinto sells Australian coal mine for one dollar USTC challenged by tough market conditions "Maersk Oil must be milked"Shippers: New weight surcharges unacceptable Jyske Bank slashes Maersk Line estimate for this year Viking Supply Ships: Our fate is in the hands of the bondholders Shell ponders its future in the North Sea Should Maersk's port business stand on its own?Deutsche Bank: Weak tanker growth could spark a shopping spree Petrobras puts nine small oil fields up for sale Law firm: Rotterdam could ensure ship arrests across the EU Norwegian shipowners: The worst is still to come Port of Tanjung Pelepas in USD 2 billion expansion Kazakhstan oil project gets billions of dollars for expansion Søren Skou: "We are not starting with a lot of 'do nots'"Arctic Securities is behind the purchase of Statoil's headquarters Media: Dong is working to divest A2Sea S&P ponders downgrade of Maersk in potential split Drewry: Container rates have bottomed out World Fuel Services bags US acquisition Maersk Drilling is the group's weakest link and faces a bleak future Port of Rotterdam conflict looks set to be resolved How to make USD 70 million in a tough market Alphaliner: Carriers cascade Panamaxes big-time Deutsche Bank will sell shipping loans for USD one billion Cosco to invest big-time in Greek port Media: Danish fund close to wrapping Danish Ship Finance acquisition Stolt-Nielsen's tankers deliver positive surprise in Q2 Commissioner closes competition case against container carriers IEA warns against increasing reliance on Middle Eastern Oil Maersk Line is done being Mr. Nice Guy Here are the priorities of the EU maritime strategy EU report backs proposed recycling license Alphabulk: Chinese coal import could rebound Rotterdam union: The war is not over yet Niels Stolt-Nielsen: A dog fight just to fill our vessels Hanjin trying to postpone payment of billion dollar loan Global Risk Management projects slowdown in oil price growth Maersk Tankers is a bright spot in dire shipping market Shipowners flat out reject scrapping fund Trafigura pulls out of trade association Hafnia lost out to Sovcomflot in bid for ten ice-breakers Denmark wants better conditions for seafarers held hostage Last week's top stories on ShippingWatch Oil price dragged down by growing number of rigs Maersk shareholders risk debt burden from group split Blue Water picks up monumental order in Asia Analyst agency: Brexit aftershock could impact shipping Bunker Holding: The market cannot maintain the pace this year Minister: Sovcomflot could be privatized this year Norwegian authorities withdraw criticism of fatal rig accident Boskalis to cut 650 jobs over the next two years Industry looking to patch gaps in bunker contracts Denmark lost out on fortune from historic Maersk dividend EU to scrutinize state aid to Belgian and French ports History would indicate a sale of Damco DNB hit by oil crisis in second quarter Iran wants to double its crude oil exports IBIA: How the UK's exit from the EU could impact sulfur regulations These are the conditions for Viking Supply's refinancing Media: Buyers of shipping loans from RBS now hesitating Maersk could lose port after bribery scandal Offshore wind could be a gold mine for offshore carriers Media: UASC looks into divesting tanker fleet as part of merger HSH may take decade to wind down faulty shipping loans EU spotlights bunker suppliers in sulfur limit enforcement Aker Solutions: Growth to be found outside Norway Leading players form new LNG collaboration HMM to raise over two billion dollars for rescue plan US Coast Guard rejects Desmi's ballast water appeal Alphaliner: Panama Canal ousts Suez on US East Coast trade IEA warns about investment gap in the oil sector Chinese steel exports close to record levels Hyundai Merchant: Our 2M membership will be realized Maersk Line confirms 2M deal with Hyundai Merchant South Korean workers herald yard strikes next week This is how much bulk and tanker have grown in one year Ardent joins forces with Spanish salvor Ardentia Wilhelmsen pays millions in fine for illegal price fixing Det norske struggling with earnings Alphabulk: Unprofitable Australian mines erode iron ore prices "Svitzer method" could set a precedent at Maersk First platform in giant Norwegian field takes shape Kvaerner's result dives big-time in H1 Akastor dips into the red in the first half of 2016 Dong sells 10 percent of its oil production Antwerp reports sharp rise in ultra large container vessels Owner: This is why Thorco Shipping is a solid business Oil building up on tankers in the North Sea Denmark vying for Canadian billions earmarked for shipbuilding Bunker Holding CEO banks on new acquisition this year Media: BP gets new billion-dollar charge for Deep Water Horizon spill Maersk Tankers wants Chinese carriers to join its pool Chinese growth steadies as spending picks up This week's top stories on ShippingWatch Former Daewoo executive indicted for fraud Merger between Hapag-Lloyd and UASC is final SBM Offshore reaches settlement deal in Petrobas scandal Stolt-Nielsen takes over chemical tanker fleet for half a billion USD Lars Jensen: Merger is just one more step towards consolidation Does Maersk want to be the last man standing in offshore?Hapag-Lloyd drops as forecast cut overshadows UASC merger plan Low oil price continues to drag down Alfa Laval Maersk Supply recruits new COO from sister company New Middle Eastern fund to invest 1.5 billion USD in supertankers Kuehne + Nagel sees boost from sea and air freight Drewry: More ships wil be scrapped, but is it enough?Aker pushes for merger of Norwegian offshore carriers Shipping.dk hunts for acquisitions outside of Scandinavia "This is my last job as CEO, I can't take any more after that"Media: DSME continues to be bombarded with lawsuits Habben Jansen after merger: Now the industry is finally moving CMA CGM can now move on compulsory acquisition of NOL Statoil senior management scores big salary boost HMM may hire its first CEO from outside Korea Nigerian rebels reduce available work for tanker carriers Strike warning for hundreds of North Sea workers Nordea impairs oil loans by USD 88 million Panalpina feels ache from the weak oil industry Wärtsilä's result in Q2 sliced by more than half Shipping crisis makes companies cautious in executive recruitment Endofa brings in number cruncher to clean up business Odfjell family says reluctant farewell to Jo Tankers Halliburton hit by market decline in North America Nordea CEO is calm about impaired loans Maersk Drilling fires more than 100 employees in Norway Kristian Siem welcomes competition from Røkke Oil customers are a cost burden for Danske Bank Lloyd Fonds aims to double assets to billions Uni-Tankers: Now we have the right scope Røkke cashes millions in dividends from holding company Aramco CEO on low oil price: We are not worried Rotterdam handled less cargo in the first half of 2016 Deep Sea takes full control with Brazilian joint venture Panama Canal shortens Maersk Line US sailings ExxonMobil buys oil company for USD 2.5 billion Alphabulk: China will scale even further back on coal Competition authority will review Norwegian oil sector Did shipping crown flow meters too quickly as the solution to bunker fraud?Rio Tinto boosted iron ore production in Q2 J.P. Morgan: Gas vessel recovery still years away This week's top stories on ShippingWatch Nordea expects huge oil rig industry restructuring in 2017 Thriller season is set to begin for major carriers Viking Supply Ships loses contract on Njord Viking Media: South Korean yards will take a hit in Q2 IMB: Sea piracy at 21-year low DSV pads its wallet before making new purchases Norwegian banana carrier will de-list in Oslo The container downturn will now hit Seago Line Moody's notes major debt issues in Hapag-Lloyd acquisition CMA CGM broadens network in Russia Third collision in expanded Panama Canal causes concern Half year earnings plunge at Seaspan Income takes nose-dive at BP due to low oil price Prosafe plans major cutbacks and management reshuffle Shipowners: Now the IMO must agree on CO2 Swedish oil producer number one in global growth Media: South Korean government to order 61 vessels DP World continues to deliver growth in volumes Statoil books surprising loss in Q2 DSV plans to shut down tax shelter companies Hyundai Heavy Industries achieves profit in Q2 2016 Container carriers have hit a new low point French counter-terrorism hits DFDS in the English Channel Libya's Army Chief threatens to bomb oil tankers Scorpio Bulkers booked a USD 25 million net loss Investment in European offshore wind reaches new record Euronav's earnings drop in the first half of 2016 Alphabulk: More newbuildings postponed than expected Biggest container ship ever to be scrapped Singapore offshore company surrenders to oil crisis Oil trends drag revenue further down at Subsea 7 in Q2 Norwegian offshore carriers join forces Shell's quarterly profit struck down by oil crisis Dorian LPG books net loss for Q1 in fiscal year 2016 Prominent product tankers take a hit in second quarter Bunker revenue downhill at World Fuel Services Statoil invests billions of USD in Brazilian mega-field Rising risk for Singapore's bondholders after Swiber surrenders Maersk Drilling vessel to be returned early Japanese carriers are in a downgrading frenzy Concordia Maritime's earnings join the downward trend Norwegian offshore merger eager to expand further Finnlines delivers historically strong result Extremely low rates hit Pacific Basin result Samsung Heavy Industries books operating deficit in Q2 2016 looks set to be a tough year for tanker carriers This week's top stories on ShippingWatch Analysts: Maersk Line could be facing 'catastrophic' report Norwegian tanker carrier extremely exposed in the rate collapse ExxonMobil presented devastating results Electrolux: Container alliances cause headaches Drewry: Global terminal operators fight for acquisitions Smedegaard: Dramatic changes force DFDS to think anew Western Bulk figures kickstart Thorco Bulk 49 workers have died in Alang in five years Major bank: Oil price headed down to USD 35 Norden's crucial buffer against bulk is now weakened Greek shipowner reveals agreement with HMM CKYHE takes the cake in East-West reliability Cancelled contract costs Maersk Drilling 122 jobs South Korean engine manufacturer enters receivership OW liquidator aims to strip bank of the rights to huge claims Impairments carve a deep hole in Diamond Offshore Shipbroker: The major boom for tanker carriers is over More new hires at Maersk Broker Bulk Chartering Ardmore CEO: Strong product tanker rates will return International analysts anticipate minus from Maersk Line Hyundai Merchant Marine in nose-dive on stock exchange Bunker Holding closer to taking global lead Shipowners' craze for container mega-vessels has vanished New owners are entering Norwegian shipping Rio Tinto's earnings take sharp decline Golden Ocean brings in Vitol's head of dry cargo as COO Offshore carrier Bourbon has 67 unemployed supply vessels Shipbuilder Damen opens unit in Houston APM Terminals must pay again for Guatemalan port Pay cuts at Norway's largest offshore carrier Low oil price sends Vladivostok's bunker sales plummeting Bank: More pressure on Norden's cash position than feared New major deficit for bulker Genco Shipping Dong books USD 940 million profit in first half of 2016 Spanish business icon takes APM Terminals to court Employees halt work on Shell's rigs Gas is only bright spot for Milaha in first half of 2016 STX Offshore struggling with wave of lawsuits Copenship estate hits OW Bunker with million dollar claim Are the oil prices sliding down to USD 30 per barrel?Teekay Tankers' earnings slashed in half in Q2 UASC CEO: Mergers does not necessarily entail layoffs DSV grows 10 pct on the bottom line Navig8 Chemical multiplies net result in Q2 Wilhelmsen CEO disappointed by Q2 New owner will fork out this much for the Baltic Exchange Hanjin Shipping granted critical deadline postponement Sevan books impairment following Teekay cancellation Electrolux on low rates: We would never sell a vacuum cleaner for a dollar Crude slump sees oil majors' debt double to USD 138 bln Half-year figures from China positive surprise for dry bulk Lundin Petroleum: Barents Sea is the next big hope Listed tanker carrier gives up fleet divestment DSV's CEO presents his rapid recipe for UTi Impairments hit Rickmers' Singapore business with big loss Last week's top stories on ShippingWatch Chinese container giant in massive billion dollar venture DNB Markets: Maersk Line and APM Terminals headed for listing Top Norwegian shipping profiles looking at Farstad Investment banks lift DSV share price Singapore seen at risk of cascading oil service bond defaults APM Terminals to scrutinize billion dollar acquisition Suez Canal raises turnover slightly this year Orient Overseas hit with big loss from container downturn Cosco books new losses on shipyards and bulk Antwerp surpasses Rotterdam on large container vessel calls Pacific Drilling hit by Nigerian currency plunge Eagle Bulk lost USD 22.5 million in Q2 Earnings plunge at Ross' Navigator Holdings Is Maersk working on a Wallenberg model?DryShips books big new deficit South Korea's top yards at 13-year order backlog low Shipbroker: Hundreds of new bulk vessels in 2016 Pirate attacks on vessels in Asia at five-year low Carnegie: Four scenarios for the new Maersk Statoil to invest in new North Sea field Media: Daewoo suffered bigger loss than officially reported Hapag-Lloyd CEO: Disappointing first half of 2016 2016 already looks horrific for the container industry Offshore behemoth Tidewater books major loss Contradictory reports could kick off IMO sulfur dispute DHT Holdings benefits from new VLCC vessels in Q2 OSG hit across the board from reduced tanker rates in Q2 Bank casts doubt on future of top Norwegian offshore carriers Cosco completes purchase of Piraeus terminal New discovery to provide clarity in El Faro shipwreck Inttra notes big progress in 2016 Financial regulator: Daewoo's money woes defy categorization South Korea prepared to let Hanjin Shipping default J. Lauritzen CEO could face additional capital needs Documentation: Here are the two sulfur studies Cargill delivers best result in five years Alphabulk: Dry bulk carriers inflating ship values McQuilling: Tanker transport demand to slide ahead of 2020 Bunker company Aegean grows in second quarter Analysis: Future of shipping could shift as yards thirst for work Consolidation in Norwegian offshore has only just begun South Korea sticks with aid for Daewoo despite fraud case Wilhelmsen sells subsidiary for USD 64 million APM Terminals cleared for construction of Africa's biggest terminal Maersk Line hit with USD 151 million deficit in Q2 Prosecutor calls for four year prison sentences in bunker fraud case Port of Hamburg under pressure in first half of 2016 Navios exits second quarter with a deficit Ocean Rig weighs bankruptcy Almost half of Singapore's bunker barges are ready for inspection Here is an overview of Maersk's Q2 results Shipping drags down DVB Bank's half-year result "We have been built up around shipping and oil for 112 years"Last week's top stories on ShippingWatch Monjasa blacklisted as bunker supplier by Bourbon Offshore Epic Gas continues with a red bottom line Evergreen suffers bottom line deficit Thousands of employees have left Maersk Media: Søren Skou will step down as Maersk Line CEO after new strategy The Netherlands looking to monitor sulfur use throughout journeys Clarksons notes slight growth for business in first half of 2016 Maersk Group ditches investment banks SeaIntel: Pacific alliance TSA overlooks lower fuel costs Container carriers have lost USD 50 billion in revenue Defense team: No proof of fraud at Danish bunker firm Wan Hai stands as small bright spot in container market Torm cuts its full-year 2016 forecast in half Rickmers Group lost USD 147 million in first half of 2016 Korea's top yards have lost thousands of employees this year Weak tanker market trips up Torm's IPO plans Farstad family lost USD 106 million last year Maersk Drilling CEO: It stings when daily rates go below USD 200,000 Media: Maersk Oil considers cutting out several countries DP World wants to put containers on land at the speed of sound Impairments drag BHP Billiton down to billion-dollar loss Low freight rates knock ailing Hanjin into the red Mounting pressure on bulk owner Pangaea Logistics Norden lost USD 19 million in first half of 2016 Alphaliner: Maersk could sell Damco for USD 1.4 billion Port of Hamburg notes setback in handled volumes DSME out with billion-dollar loss in first half of 2016 Samsung Heavy Industries reduced losses in Q2 This is Kristian Siem's way to solve the Norwegian offshore puzzle Bankruptcy-threatened Havila loses Brazilian contract Divestments push Hyundai Merchant Marine to profit Norden CEO rules out chance of profit in 2016 Argument may have led to hijacking of oil tanker DFDS grows significantly in Q2 and upgrades guidance Korean yard workers to strike indefinitely DP World delivers solid growth in first half of 2016 Team Tankers to shut down Oslo office Maersk Supply Service to lay off 400 people and sell 20 vessels Royal Boskalis in the midst of full-blown storm Debt-ridden Norwegian offshore carrier hopes to avoid Røkke Fredriksen's offshore carrier looks toward fish after new deficit Blue Water Shipping bags new major contract in Kazakhstan Major concerns in the industry ahead of sulfur decision Smedegaard has added USD 2 billion in value to DFDS Media: Maersk will be split in two J. Lauritzen reports new deficit for first half of 2016 Tanker market puts pressure on Hafnia Tankers' earnings Maersk Supply to scrap every sixth vessel in the fleet Kristian Siem teams up with equity fund for offshore acquisitions Less time at ports to boost revenue for Odfjell Valemax owner pays extreme price premium for transport Havila Shipping granted vital lifeline by bondholders APM Terminals faces more competition in key Spanish port Siem Offshore in major tactical maneuver J. Lauritzen chairman: No improvements before 2018 Last week's top stories on ShippingWatch Deutsche Bank: Tanker owners heading for new upturn Why Maersk Line and APM Terminals need each other Fortescue wins from iron ore price drop DFDS dividend triggers a heyday at J. Lauritzen's owner DP World pushes Jebel Ali expansion to 2017 Hanjin's fate to be decided by September 4th Royal Arctic Line ready to break from historic monopoly on Greenland Bank NordLB sells shipping loans for USD 1.5 bln Seadrill in conflict with Mexican energy company SeaIntel: Maersk and MSC losing their unique status North Sea peak season gives offshore carriers a breather Analyst firms lower expectations for Norden Statoil considers slashing 600 jobs Danish Ship Finance braces for lower 2016 full-year result Hanjin expected to submit new restructuring plan this week Goldman Sachs skeptical toward OPEC oil freeze Moody's sees no improvements for the container market in 2016 Prosafe shareholders clear refinancing DSV Solutions creates Asia/Pacific unit after UTi acquisition LPG vessels had a short boom and a quick bust More Norwegian billionaires targeting offshore carriers Monjasa bags vital credit facility from French bank First UASC financial figures reveal massive losses Western Bulk Chartering in deficit after owner's default Singapore Exchange acquires Baltic Dry Index Fredriksen's bulk carrier hit with triple-digit deficit in H1 China's new terminal giant notes growth in container LPG crisis hurt Avance Gas in the second quarter UASC gambled on ultra-large vessels and lost Royal Arctic Line chairman supports break from historic monopoly Prosafe looks ahead following Q2 profit and a refinancing deal Singapore bunker players get new industry association Media: Maersk Drilling faces billion-dollar impairments Rickmers Maritime now starting to idle vessels Asset value impairments send BW LPG into the red Drewry: Container price at new record lows Seadrill in new setback in the second quarter Avance CEO: The LPG crisis defies common sense Moody's: Shipping crisis strains Maersk's credit worthiness Siem Offshore delivered small operating profit in Q2 Höegh LNG looking forward to Colombia project Odfjell books USD 61 million operating profit Ackermann: The LPG market is not sustainable right now Euronav buys two vessels ahead of challenging quarter Caspian Sea gives Topaz solid operating profit NordLB boosts shipping provisions five-fold Sovcomflot takes hit on the bottom line China Cosco booked a huge deficit in the first half year Eimskip on large-scale European acquisition venture Welltec: Have we hit bottom? We don't know New Golden Ocean CEO powerless against dry bulk market Aurora LPG eyes better days ahead after tough quarter Hanjin closer to insolvency as rescue plan is rejected FMC "stops the clock" on Ocean Alliance Last week's top stories on ShippingWatch Rickmers brothers call off large-scale merger Hapag-Lloyd's shareholders put pressure on Habben Jansen Statoil increases value of Johan Sverdrup field Hanjin Shipping secures reduced charter rate deal BW Offshore books loss in tough market Hafnia Tankers CEO: Rate slide came earlier than expected Statoil CEO: Sverdrup is a rare bright spot Samskip completes major Norwegian acquisition Who is Aurora LPG's "mysterious" lender?Wood Mackenzie cuts 50 bln dollars from Norwegian shelf Farstad loses hundreds of millions of dollars Hanjin Shipping plummets on the stock exchange in Seoul Nordic Shipholding downgrades in second quarter Viking Supply Ships multiplies losses It is now cheaper to develop Norwegian fields Ramboll keeps its fingers crossed for the oil companies' budgets Rystad: Global oil production set to slide now Norden and Clipper prepare for record US crop harvest Mitsubishi Heavy will combat shipbuilding crisis through alliances Clarksons Platou: Shipping shares take new beating in 2016 Hanjin Shipping faces imminent collapse Frontline CEO expects significantly weaker 2016 Farstad CEO: More offshore vessels need to be scrapped Major Hanjin owners could lose entire investments APM Terminals invests USD 70 million in Port Elizabeth Maersk looks like obvious choice to buy Hanjin Shipping Frontline lands financing for 20 new vessels Here are the first big names attending the Danish Maritime Forum Korea's FSC to minimize impact of Hanjin's collapse with acquisitions Three Hanjin ships stranded off US as carrier seeks protection Golar LNG eyes better market in spite of deficit Commercial vessels rescuing far fewer refugees The first Hanjin vessels have been arrested Nine bulk carriers lost USD 721 million in six months Ship Finance maintained a black bottom line MAN Diesel & Turbo to pay millions in damages to J. Lauritzen Finland to give final push to ballast water convention Hyundai to deploy vessels to help Hanjin customers NordLB acquires struggling shipping bank Hanjin cleared for large-scale receivership process Danaos has USD 560 million trapped in Hanjin Media: Financial authority drops case against OW Bunker executives Hapag-Lloyd: Our new alliance can get by without Hanjin Semco in new yard collaboration with Norway's Langset J. Lauritzen: MAN case has strained us to our limits Putin wants to freeze oil output with exemption for Iran New Aker management to boost efficiency measures Hanjin faces three possible scenarios DFDS: Financial interventions weaken our loan options This is how NordLB plans to get rid of non-performing shipping loans CMA CGM suffers big setback in second quarter CEO leaves ailing offshore carrier Wilhelmsen and Wallenius in major shipping merger Scrubber manufacturers: The industry is suffering KPI Bridge Oil: Consolidation is the name of the game 37,000 jobs have vanished from Norway's oil industry - Here is the overview Exmar in talks for sale of FLNG business 3000 containers trapped in Rotterdam following Hanjin's collapse Japan's K Line surrounded by sales rumors EU Parliament wants shipping included in CO2 quota scheme Denmark's oil prosperity to end sooner than expected "Don't worry, the f-word is used during all major negotiations"South Korea's government and owner to inject money into Hanjin KPI: Mandatory mass flow meter will not eliminate bunker disputes Prosafe restructuring has been finalized KfW IPEX exec: No sign of the good times returning Moody's: Nordic banks must brace for Farstad loss Beerenberg lays off 250 employees Xeneta: Fundamentally uncertain container market Electrolux: Hanjin collapse could impact production Pureteq: Scrubber market at rock-bottom Hamburg Süd: Pressure on container industry for three more years KPI Bridge Oil: Bunker sector not ready for IMO regulations by 2020 CMA CGM's debt burden grows after APL acquisition These are the most attractive Hanjin vessels for potential buyers Rickmers Maritime close to major financing deal Political tension grows on vital tanker routes Nordea believes that Maersk will be split into two companies Hanjin's vessels can now sail freely to the US Hanjin's ghost ships running out of food and water Global climate goals will hit dry bulk ICS chairman: The EU could end up undermining the IMO Former OW Bunker CEO fires back at angry investors Maersk Line increases capacity after Hanjin collapse Wärtsilä: Green shipping has slowed down Hanjin's biggest creditor hesitant with financial help Russia rejects higher oil prices NordLB: Improved shipping markets are far off in the future Ballast water convention will come into force in September 2017 Media: Svitzer faces criticism in Argentina Iran's oil comeback could prompt oil freeze deal Cargill joins political alliance on sulfur Wärtsilä presents its visions for the future of shipping "Southeast Asia does not just have one narrative"OW's head of risk management saw looming problem with IPO OW executives and Altor subpoenaed by private shareholders Maersk under severe pressure from investors to split group Sovcomflot secures credit deals worth USD 1.26 billion Global Ports took yet another dive in 2016 Shipowners face big bills and major benefits from ballast water convention Skuld improved its bottom line in first half of 2016 Hyundai Merchant forms new Korean container alliance Samsung enraged by stranded Hanjin vessels Reederei NSB: We are looking after crews on our Hanjin ships Last week's top stories on ShippingWatch More Hanjin vessels allowed to call in US ports Dry bulk rates boosted by Capesize Drewry: Terminal companies pressured to change strategy Port of Hamburg has waited almost 15 years for expansion SeaIntel: Hanjin's customers risk major compensation claims Shell is now pumping oil from the world's deepest oil field Svitzer's biggest market depends on three gas contracts Fearnley: This is how shipping segments will unfold Oil impairments at Norway's banks set to rise E-mail: Singapore CEO burst into tears when he sent OW Bunker to its grave Media: Several headhunters see Maersk chairman staying for now Here is the timeline for Hanjin Shipping's collapse Aker, Det Norske, and Subsea 7 form new alliance New IEA report drags down oil price European ports are losing ground Clarksons Platou: Maersk Line's earnings soar after Hanjin collapse Ocean Yield secures a new bond loan Hanjin Shipping gets money from its Chairman Libya's oil comeback thwarted by former general Media: Criticism of APM Terminals in Peruvian port Alang yards lining up to secure approval DNB: Offshore rehabilitation could stretch into 2020 Hanjin brings one of world's busiest terminals close to standstill Bimco: Newbuilding contracts at lowest level in 20 years Container downturn adds fire to German shipping crisis Hapag-Lloyd CEO sees market improvement within 1-2 years BHP Billiton: China's steel production will peak in the 2020s Minister wants Denmark to accede to shipbreaking convention in 2017 New IT system promises huge savings for container alliances European shipyards soar on orders in 2016 This is how competitors are covering Hanjin's services Rickmers Maritime sees risk of liquidation Maersk Oil sells stakes in three North Sea fields Media: Hanjin's creditors want to keep vessels in the US Viking Supply gets bondholders on board with rescue plan Cargill attacks container carriers head-on Danske Bank: Dry bulk will dodge the drama seen in 2015 Greek carrier barred from purchasing vessels for two years Viking Supply Ships CEO steps down Oil companies have spent USD 300 billion less over two years Star Bulk braces for a prolonged bulk downturn Kristian Siem calls for action from Norway's shipowning families Court sets date for verdict in case against Danish bunker company Hanjin lawyer: We are being held hostage German banks have shipping loans totaling USD 100 billion First director leaves Maersk before expected split Member states have final say in Alang dispute Maersk Supply Service bags major order from Maersk Oil Media: Altor directs harsh criticism at OW executives World's largest port company changes investment strategy DOF and Havila: This is why we will survive in a tough market Boston Consulting projects bleak container market Last week's top stories on ShippingWatch Alphaliner: Maersk's Triple-E triggered global container crisis Chinese ports suffer from downturn in global economy BW LPG buys 10 percent stake in competitor Aurora LPG Hanjin reduces fleet by returning chartered ships to owners Thorco joins forces with United Heavy Lift MSC blocks Hanjin loan - corrected Herman Billung hunting acquisitions with Norwegian businessman US obstacle for ballast water will be gone by November Shipowner Hansa Treuhand looks set to fold SeaIntel: Shippers can save USD 1 billion on new Panama Canal Hanjin collapse could hit marine premiums for 2016 Moody's downgrades NordLB due to shipping exposure BW LPG proposes buy-out to acquire entire Aurora LPG Container carriers and their customers talk about one thing only Cosco profits from Hanjin collapse Endofa sentenced to pay million dollar compensation for failed oil freights Farstad Shipping cuts workforce in half in Australia Avance Gas sticks with acquisition strategy after BW offer Shell axes 255 jobs in Norway Price drop forces new oil research center to change course South Korea to fast-track payments to struggling Daewoo yard This is your shipping calendar for October 2017 This is your shipping calendar for November 2017 This is your shipping calendar for September 2017 This is your shipping calendar for July 2017 This is your shipping calendar for August 2017 This is your shipping calendar for June 2017 This is your shipping calendar for May 2017 This is your shipping calendar for April 2017 This is your shipping calendar for January 2017 This is your shipping calendar for December 2017 This is your shipping calendar for March 2017 This is your shipping calendar for February 2017 Royal Arctic Line boosted by growing volumes to Greenland in H1 Søren Skou's plan for the new Maersk is ready Hanjin's rescue plan "realistically impossible" and fleet still scattered Hong Kong Convention takes major leap forward US Commerce Department urged to resolve Hanjin Shipping crisis NGO: Denmark does Maersk a favor by ratifying Hong Kong Convention Norwegian oil workers strike after new wage dispute NKT buys ABB company with newbuilding splits up Maersk's new transport unit will be an investor favorite Former Statoil CEO takes new job in finance ExxonMobil is being probed by authorities Bondholders reject rescue plan for Rickmers Maritime Danish bunker company found guilty of fraud Maersk will be split into Transport and Energy Maersk presents new senior executive team - several execs are out Royal Arctic CEO open to new layoffs to cut costs Hanjin granted emergency loan from key shareholder South Korea's government prepares to slim down shipbuilders Ballast water systems may boost dry bulk scrapping Shipping magnate is Norway's richest person Søren Skou kicks off with aggressive Maersk Line strategy Tax shelter company and former employee brought down Danish bunker company DNV GL: Unmanned container vessels could become reality in five years Media: Maersk Oil looking to buy Shell's North Sea assets Maersk Energy up in the air for two years MSC denies blocking Hanjin Shipping emergency loan Media: ExxonMobil ponders sale of North Sea fields Former Hanjin Chairwoman investigated for illegal insider trading Japan's K Line at center of massive whirl of rumors These are the new APM Terminals CEO's biggest challenges Maersk Chairman casts doubts on his own future Analysts: The hidden explanation for the supply sector crisis Clipper Group sues Danish sports and entertainment company Container rates decline 7.6 percent Last week's top stories on ShippingWatch Monjasa's founder and major shareholder steps down Oil tanker ablaze in the Gulf of Mexico Hyundai Merchant inching closer to acquiring remains of Hanjin SeaIntel: Container customers have fewer options today Maersk Drilling contract prematurely terminated Iron giants to add 200 million tons of supplies through 2020 Dry bulk making money on Capesize for the first time in a year Drewry: The Alliance could be looking for Hanjin replacement MAN budget cuts hit the maritime division Maritime officers prepare for unmanned vessels Hanjin's customers withhold USD 80 million in payments Deutsche Bank: Significant potential in three bulk carriers Maersk Line signs CO2 deal with logistics major Agility Havila CEO: Offshore owners must abandon ownership principles Heavy lift industry facing large-scale consolidation South Korea: Nine out of ten Hanjin vessels will be unloaded in a month Iranian announcement sends oil price down Analysis: Low tanker rates will continue in 2017 and 2018 FMC member: Alliances should plan for collapses Nordic American Tankers to raise USD 120 million for new ships European shipowners push for TTIP Moody's ponders Maersk rating downgrade Maersk appoints new head of Damco South Korean court is considering sale of Hanjin Shipping Danish Ship Finance sold to pension and equity funds Several hundred Norwegian oil workers temporarily laid off 47 of 97 Hanjin vessels remain stranded Statoil ends rig contract ahead of schedule Greek magnate's drilling company could be de-listed Stena Line appoints new CEO Six top container carriers being probed in cartel case New owners of Danish Ship Finance expect major returns Rem Offshore CEO steps down before merger Headhunters' favorite takes the reins at Maersk's Damco Cosco looking for acquisitions in South Korea and Abu Dhabi German shipbuilder buys Hamburg-based yard Blohm+Voss The last 23-year-old dry bulk giant has been scrapped Surprise OPEC deal sends oil price soaring Hafnia Management: OPEC deal could boost product tanker IMO member states push for adoption of CO2 roadmap 1700 employees temporarily laid off in offshore dispute New Maersk Oil CEO cuts Chief Growth Officer Hanjin gets emergency loan to empty stranded vessels Scorpio Group does away with maligned fees Sweden to introduce tonnage tax on January 1st 2017 One bankrupt estate could pay for everything in OW lawsuit Shipping loans force Commerzbank to large-scale layoffs New Thorco Projects created in just four weeks Crew interrogated about their effort in tragic shipwreck Deutsche Bank: The damage is done for Scorpio Port workers protest conditions of stranded Hanjin officers Maersk and Boeing join forces to hunt sulfur violators Glander and Scandinavian Bunkering announce merger Last week's top stories on ShippingWatch Deutsche Bank projects third quarter loss for Euronav Navig8 cancels five newbuildings from South Korea EU fears tonnage tax exploitation in several countries Autonomous feeder vessels could hit the Baltic Sea in 2025 Aurora pressures BW LPG to raise acquisition offer Farstad Shipping gets breathing room from creditors Maersk Supply Service to axe one in four onshore employees DFDS orders two newbuildings from China worth USD 150 million Svitzer's new CEO for Australia communicates with selfies Cash buyer GMS applauds Maersk's arrival in Alang APM Terminals CCO steps down Scorpio Bulkers postpones delivery of six dry bulk vessels BW Group hires new CFO from Norden Investors demand USD 73 million from Rickmers Maritime Media: Maersk not likely to buy South Korean carriers Analysts: Dry bulk shares will be winners in 2017 Alang union: Working conditions are too dangerous Axis Offshore postpones delivery of hotel vessel again Foreign buyer eyeing South Korean shipbuilder Analyst agency: Project cargo set to go from bad to worse in 2017 This is Maersk's new course after its major executive overhaul Norway tightens rig requirements following fatal accident Seadrill addresses rumors of billion dollar loan from John Fredriksen DSV CEO: We target major acquisitions Changes at Maersk Line take competitors by surprise Bugbee buys stake in Scorpio Bulkers ZIM's delayed interim report shows major million dollar deficit Jan Leschly joins the board of A.P. Møller Holding Maersk Supply Service appoints new CEO Maersk Oil pulls out of Norwegian gas field Here is the latest overview of Hanjin's container vessels Maersk Oil Trading and BP are ready for sulfur regulations National Oilwell Varco hints at more layoffs Colossal shipbuilding merger may be underway in China Alphaliner: Brutal price war behind record-low earnings Norway establishes first testing area for unmanned vessels Media: Virginia incites Maersk to stick around with tobacco money Stolt-Nielsen hit by lower tanker rates in Q3 Now is the time to persuade skeptics on Singapore's mass flow meters Maersk has settled in at the world's ship graveyard Hempel dismisses four employees connected with alleged bribery Strong harvest boosts Pacific Basin in third quarter Bimco: Dry bulk sector must adapt to survive OW Bunker is haunting the bunker industry Maersk was warned about pollution risks in Alang Rickmers rejects investor demands Consultant behind Maersk report: It may be too costly to improve Alang ExxonMobil sentenced to pay fine of USD 76 billion in Africa NYK Line heralds billion dollar loss after impairments Last week's top stories on ShippingWatch OW Bunker CFO: Altor could have saved OW with USD 9 mln Thun Tankers orders four newbuildings Former OW Bunker CEO files complaint against law firm Nordea Markets heralds rising oil price as "new era"The offshore crisis has forced Kleven to change tracks BW VLCC: Still significant potential in China European ban on crash-prone helicopter being lifted Bimco reiterates criticism of IMO sulfur fuel report DSME sees light at the end of the tunnel SeaIntel: Container carriers should make billion-dollar impairments BW Dry Cargo buys seventh ship in six months Four companies competing for 5.2 million teu in Panama EU could soften stance on controversial Alang yards World Energy Council: Energy demand will peak in 2030 World Fuel Services detains first Hanjin vessel in Korea Shipowners: Dive in UK coal imports could foreshadow new trend Oil price balancing at highest level in a year Growing demand for steel ahead of 2017 Seoul court considers selling Hanjin's Asia-US business SeaIntel: Hidden values worth USD 250 million in Europe's feeder market Sevan Marine appoints CFO as Chief Executive Report: 570,000 human lives hinge on sulfur decision Rem and Solstad cleared for merger Saudi Arabia will invest billions in giant shipyard Million-dollar dispute in Uruguay blocks OW ship sale Moody's: Mounting pressure on German shipping banks Alphaliner: Hanjin is finished as a container carrier Sinking platform could shut down seven Danish oil and gas fields Bimco: Sulfur requirements should not be based on death tolls Judge: Hanjin cannot accept payment for stranded containers UASC Chief Executive to step down Analysis: Maersk could face USD 6 billion in write-downs Investment company plans huge LNG order for South Korea Germany's Bomin deploys four bunker barges in Singapore Korean court to post Hanjin asset sale notice as early as Friday Low-priced bulk assets could reel investors back in Rasmussengruppen posts millions in oil service company Departing CEO: UASC had to buy bigger ships Royal Arctic Line prepared to sever ties with Denmark China hit by extreme export plunge in September CMA CGM replaces CFO Deutsche Bank lowers expectations for Scorpio Tankers Søren Skou hosts meeting for container industry's Chief Execs New executive shuffle at Maersk Supply Service Euronav pushes two VLCC deliveries to Q1 2017 Shell: IMO regulations could launch serious takeoff for LNG Media: Hanjin asked Maersk Line to buy its US business EU committee: Shipping's CO2 emissions should be regulated globally Report: Bigger market for decommissioning on the UK shelf Maersk and MSC shut down extra service deployed after Hanjin collapse J. Lauritzen supports Maersk in Alang controversy Test your ShippingIQ - October 7-14 Frontline cancels four VLCC newbuildings This week's top stories on ShippingWatch Maersk Drilling reaches end of newbuilding era Maersk accused of duplicity in terms of shipbreaking Huge debt deal represents first task for new J. Lauritzen CEO SeaIntel: Toxic mix rapidly draining carriers Only the greatest talents rise to the top of shipping Royal Arctic Line's strategy will reduce staff on board vessels P&O Ferries doubled its freight volumes out of Gothenburg Sevan Drilling postpones rig delivery for the third time Rosneft consolidates power in Russia Aker solutions wins Statoil contract Damen looking to grow in several business areas Major Maersk investors disappointed by scrapping case Kuehne+Nagel under pressure from shipping in Q3 Hyundai to bid on Hanjin's Asia-US business Arabian gas carrier Nakilat sustains profits Rickmers preparing for decisive investor meeting This is how Mads Zacho will head J. Lauritzen DFDS hatches its first talents for new program Oldendorff has acquired eight large bulk vessels Dutch bank ING cancels credit to multipurpose carrier Drewry: Container market hit bottom with Hanjin default Gearbulk and Grieg Star create new dry bulk behemoth Abu Dhabi to merge shipping units after offshore energy combined Hanjin crew allowed to disembark in the US Hapag-Lloyd will only recycle ships at EU-approved yards Saudi shipyard to secure future of the country's economy Tanker rates increase alongside oil production Kvaerner delivers bottom line growth in Q3 Eimskip kicks off acquisition wave with Dutch reefer company Maersk and MSC won the battle for Hanjin's freight ICS criticizes plans for Canadian tanker moratorium Gearbulk Chairman: This is why we are joining forces with Grieg Rickmers clashes with bondholders over rescue plan Rio Tinto reduces iron ore transport forecast for 2016 Hempel's talents get intensive training in cultural sensitivity Fortescue increases iron ore transport Avance Gas makes major impairments on VLGCs Kvaerner CEO believes in a growing market again Bergen families founded new company on common history Maersk Oil close to Iran oil contract Statoil expected to disappoint in third quarter Banks have lost faith in multi-purpose Media: Hanjin collapse could create new alliance in South Korea Major shareholder deems Maersk declaration "unduly aggressive"Keppel's nine-month result declines drastically Milaha loses ground during 2016 Alphabulk: Sulfur requirements likely not possible from 2020 MSC negotiating for Hanjin's share in US port Avance Gas plans to raise additional capital Test your ShippingIQ - October 15-21 Denmark's oil exploration at a total standstill Last week's top stories on ShippingWatch FMC approves Ocean Alliance Media: Hanjin to shut down European business Pacific Basin swaps shares for lower charter rates CO2 collapse in London this week would hit the IMO hard Profits dive at the world's largest oil service company SeaIntel: Rates completely unaffected by blank sailings "Corruption is a major problem which I've seen up close" Maersk Drilling announces layoffs at HQ IMF: It will cost USD 27 billion to save South Korea's shipyards Yet another major investor wants Maersk to explain scrapping policy IMO close to sulfur decision awaited by the entire industry Alva Laval launches large-scale cost reduction initiative Wärtsilä hit by the downturn in shipping and offshore DP World eyes bright future in spite of modest growth One country holds the power over sulfur decision Offshore carrier Tidewater plunges on risk of bankruptcy Statoil cancels contract with Stena rig Hard-pressed Norwegian offshore carrier given new deadline Bulc calls IMO to decide on sulfur and CO2 Banks have huge sums floating around on project vessels Alfa Laval CEO: Marine division dodges budget cuts Star Reefers: We are being hit by aggressive container carriers ING loses fundamental OW Bunker case EU politicians want to stop Maersk's scrapping in Alang Hyundai Heavy maintains profit in Q3 2,998 creditors have claims for USD 800 million in Hanjin Dong considers selling oil and gas business Offshore carriers in deep dive on the stock exchange Nordea impairs value of its oil loans Follow the Danish Maritime Forum live stream here IEA: Coal overtaken by sun and wind Unexpected strong support for CO2 resolution at IMO Moody's: Oil and shipping drag down bond market Industry has two days to solve fundamental challenges Russia proposes 2023 as compromise for global sulfur directive Statoil hit with major setback in Q3 Rodolphe Saadé: We may see a new Hanjin This is Maersk Line's recipe for talent development World Fuel Services has USD 22 million trapped in Hanjin Cordero: The US will discuss alliance responsibility when a member collapses ING Bank considers next step after losing OW case Oil crisis puts pressure on DNB's Q3 results Siem Offshore boosts operating result in Q3 Hyundai looks like the only bidder for Hanjin's US network Vale's profit almost slashed in half in Q3 Analysts: This is why tanker rates will rise again IMO agrees on global sulfur directive from 2020 Teekay Corporation appoints new Chief Exec Euronav CEO: Growing fleet could be a struggle in 2017 Aker Solutions looking for profits beyond Norway New 2020 sulfur regulations cause concern about global enforcement Test your ShippingIQ - October 22-28 HSH Nordbank leases Hanjin vessels to Maersk Line MSC: Sulfur requirements will cost us more than USD 2 billion a year NOx zones will be reality by 2021 Hanjin Shipping gets five bids as South Korea kicks off sale process New dry bulk duo to raise millions for acquisitions Last week's top stories on ShippingWatch IMO pushes decisive CO2 agreement to 2018 Japan's three biggest carriers form new container giant Media: Deutsche Bank interested in HSH's shipping portfolio Rickmers Maritime reaches agreement with investors Korea to spend USD 9.6 bln by 2020 to support shipbuilding World Fuel Service lost 20 percent of revenues in third quarter Euronav hit by overcapacity and lower rates Scorpio Bulkers lost USD 21.3 million in Q3 Fearnleys: Maersk will gain from third quarter rate hike This is how much BW LPG is willing to pay for Aurora Four container players left standing after Japanese consolidation Here is the IMO plan for shipping and CO2 GE gives rise to new oil behemoth DSV upgrades guidance as profits grow big-time German tanker vessel attacked off the coast of Somalia EnergyWatch launches English version Seaspan lost USD 184 million in the third quarter IMO provides clarity on ballast water convention 40,000 Norwegian oil workers have lost their jobs Merge-or-die choice cuts debt risk for Japan's shipping giants Odfjell orders record-large chemical tankers Akastor's revenue down almost 50 pct DSV CEO: Never take everything for granted Maersk Line projects full-year deficit for 2016 Maersk Oil can now break even with USD 40 oil price Hanjin's fleet down to 21 vessels Norway's ship register grows while the Danish register declines Here is an overview of the Maersk Group Q3 report Søren Skou sees only tentative signs of recovery Oil majors will now realize plans for green investment fund Shipbuilder Daewoo plans to cut costs through unpaid leave Lundin to boost explorations following huge profit Ardmore: Weak product market for another 2 to 3 quarters Norway's DHT Holdings makes drastic impairment Ocean Alliance presents its service network The world's first unmanned offshore vessel operational in 2018 Maersk Line expects billions in costs from new sulfur directive Eimskip acquires Norway's Nor Lines Transocean continues decline in third quarter Teekay Tankers hit by the weakest tanker rates in three years Iran's national carrier needs 10 new vessels Media: Hyundai Merchant preparing for acquisitions Sulfur cap survey documents significant reductions Bourbon has now pulled 85 ships out of the market Prosafe believes in offshore balance no sooner than 2020 Former Frontline CEO joins US-based equity fund Maersk Supply Service makes more structural changes Thousands of stranded Hanjin containers being removed LNG industry enthusiastic after IMO sulfur decision Test your ShippingIQ Oct 29 - Nov 4 Alphabulk: Dry bulk owners pay solid dividends Jefferies points to stronger container rates in 2017 Last week's top stories on ShippingWatch Equity funds prepare for next major entry into shipping Commerzbank hit by large loan loss provisions in Q3 Norway has made this much on oil after 50 years ZIM denies rumors of fleet sale Prepare for North Sea oil flood as OPEC plans output curbs Siem gets in business with Farstad New dry bulk investor raises almost USD 75 million New CEO to bring calm to Seven Seas Oil investors lose faith in rising oil price Fifth Hanjin vessels arrested for unpaid bill Drewry: The US election will impact container carriers Tanker carriers dive on uncertainty in the oil market Shipbuilder FSG launches large-scale cost reduction initiative Dong will exit oil and gas business Media: Hanjin could sell all its vessels this month This is The Alliance's upcoming container network New British-Swiss partnership merges 60-strong fleet Eagle Bulk buys first vessel in six years Tidewater still without creditor deal after huge deficit Wilbur Ross' gas carrier hit by tough LPG market Dong to hand over trimmed oil division to unknown buyer OPEC report: Oil demand could peak in 2029 Norway's Grieg looking to scrap in Asia without beaching Two banks withdraw support for sale of German vessels Eagle Bulk grows revenue but lost USD 19 million Norden lost USD 12 million in Q3 Maersk's new mega-vessels may write history once again Havila Shipping presents huge restructuring deal Fearnleys: Maersk Line will rebound big-time over the next two years Maersk deemed highly exposed to Trump victory Norden wants "significantly" more dry bulk vessels in its fleet This is how Trump's victory will impact shipping and oil Italian tanker carrier hit by a record low spot market Impairments keep Norwegian Rieber in the red Concordia hit with deficit by weak tanker market Tanker carriers could benefit from Trump's triumph MOL downgrades forecast for the full year Lauritzen withdraws from offshore flotel venture Navig8 Chemical takes dive in Q3 Subsea 7 upgrades its full-year guidance for 2016 Odfjell delivers USD 60 million operating profit All of Viking Supply's vessels left without term contracts Epic Gas books million dollar deficit in Q3 Nordic American Tankers booked Q3 loss Hanjin Shipping poised for mass firings Farstad Shipping gets more time from creditors Test your ShippingIQ – Nov. 5-11 Team Tankers slides into the red in Q3 Hanjin's fate could be decided on Monday "Lately, we've been buying a bulk vessel once a week"Struggling tug market hurts Boskalis South Korean strikes hurt Wilh. Wilhelmsen earnings Songa Offshore back in black with new rig employment This week's top stories on ShippingWatch Baltic Dry Index climbs to 15-month high Nordic Bulk-owner Pangaea increases third quarter profit IEA: Global oil production could soar next year Korea Line picked as preferred bidder for key Hanjin service 3000 employees left the major Korean shipbuilders in Q3 Havila Shipping: Risk of bankruptcy Drewry: Enormous potential in dry bulk shares Daewoo lost big on delayed orders in Q3 EU's top maritime official sets sails SeaIntel: Moderate container recovery still three years away Hapag-Lloyd had positive Q3 in tough 2016 Scorpio Tankers dips into the red in Q3 Rickmers Group's bottom line more than halved in 2016 Celsius among the five largest bulk buyers DFDS raises full-year guidance – again Hanjin gets winning bid from shipper that once almost failed Torm downgrades full-year forecast for 2016 S&P lowers credit rating of Maersk Group Svitzer announces executive reshuffle for Europe and Americas DVB Bank takes huge deficit on shipping and offshore Finnlines surpassed itself again in the third quarter Product tanker carriers face disappointing 2016 exit Yet another Norwegian offshore carrier will be restructured Maersk is burned by its own restructuring plan Japan's K Line suspect in new cartel case DOF's operating profit dives big-time in Q3 Hyundai Heavy to be split into six entities Seadrill pushes restructuring back to 2017 MSC and Maersk own most of the unpopular Panamaxes EU Parliament will not change disputed text on scrapping Shell weighs divestment of Norwegian assets Maersk bonds close to falling in with bad crowd McQuilling: Chinese oil thirst drives tanker market Havila Shipping extends two contracts Port of Hamburg reports slow growth in 2016 Rem Offshore fined for violation of stock exchange rules Maersk Supply Service continues selling off ships Stolt-Nielsen cleared for deal worth hundreds of millions DNB scaling down exposure to shipping and offshore Höegh LNG maintained its course in Q3 Wilbur Ross could join Trump's administration Major banks sell off multi-purpose vessels Wan Hai rejects merger proposal after steep decline in profits Daewoo labor union agrees to layoffs under restructuring Investors regaining faith in dry bulk J. Lauritzen lowers full-year guidance for 2016 Africa and the Middle East hit Topaz with deficit Rio Tinto fires executives after internal investigation Hafnia Tankers books deficit in Q3 Test your ShippingIQ - Nov. 12-18 Deep Sea Supply books million dollars loss in Q3 Eimskip upgrades forecast for 2016 after record-quarter New CEO hit by double downturn in his first Lauritzen quarter India tops list of most popular shipbreaking countries This week's top stories on ShippingWatch Multipurpose crisis leads to large-scale MPP vessel sale Rumors intensify surrounding Hamburg Süd CMA CGM lost USD 259 million in the third quarter Diana Shipping calls off debt negotiations in spite of deficit Hyundai Merchant: Still negotiating with Maersk and MSC Experts agree: Worst crisis in 30 years SeaIntel: 31,000 employees in container carriers could be cut Final decision on Hanjin's fate postponed to next year Rickmers distances itself from Singapore company OW cases worth millions could drag out in the US Norwegian yard group books profit after huge cuts Trump will withdraw US from TPP from "day one" Star Bulk books a loss in Q3 Oil price leap: Will it reach USD 55?Seadrill makes impairment of USD 882 million Maersk Line: We are looking at other possibilities with Hyundai Golden Ocean believes in improved market despite deficit Supply carriers face a bitter North Sea winter Hanjin CEO seeks competitor help for employees Hapag-Lloyd: UASC merger will cost one in ten positions Rem Offshore's founder will sell shares following fine Significant increase in kidnappings of crews Major creditor: 2017 will be worse for offshore carriers Hyundai Heavy's employees threaten full-fledged strike OPEC deal could boost tanker carriers State aid could delay container industry clean-up Stolt-Nielsen completes Norwegian fleet acquisition Golden Ocean: Cold China could increase coal imports Alphaliner: Cracks in partnership between Maersk Line and MSC Oil companies expect to invest less in Norway Sovcomflot bags financing for two ice class vessels BW LPG exits Q3 with large deficit EU approves merger between Hapag-Lloyd and UASC The oil and gas crisis is suffocating Singapore firms Malacca to invest billions of dollars in new tanker port Shipowners criticize Taiwan's huge shipping subsidies Shipping loans keep NordLB in an iron grip MOL and Akastor form new offshore partnership Drewry: New ships increase pressure on VLGC rates in 2017 Banks looking to declare Havila's debt defaulted Bulk share surged more than 1300 percent in four days Kristian Siem could become major shareholder in Farstad Rickmers Maritime could scrap container ship of only 7 years This is what shipping headhunters look for Test your ShippingIQ – Nov. 19-25 Boskalis to expand Brazilian oil terminal on million-dollar contract Germany's Marenave secures provisional aid from banks Statoil investigating if cutbacks impede safety Hamburg Süd sale could spark problems in Brazil Gas carrier I.M. Skaugen in third quarter deficit Last week's top stories on ShippingWatch Media: What Maersk will announce at Capital Markets Day German shipping bank launches sale negotiations Havila Shipping's bondholders approve rescue plan SeaIntel: Niche carriers sheltered from container storm BW Offshore hit with new deficit in depressed market Tanker carriers have burned through millions this year Viking Supply Ships announces major share issue Media: Three potential buyers for Hamburg Süd Danfoss company ready to help carriers document sulfur compliance Statoil cuts a rig in the Troll field Lauritzen still needs to pump millions into Axis Offshore Clipper's Irish RoRo business notes major growth Dockworkers announce major demonstration against Unifeeder Fredriksen's Frontline slips on weak summer OPEC divisions send the oil price down MSC will not out-flag in relation to shipbreaking dispute Hanjin Shipping's 141 vessels have now been emptied Sale of second-hand bulk vessels at seven-year high Report: Scrubbers are not a financial solution for old vessels Maersk would become a reefer behemoth with German acquisition Farstad emerges from crisis quarter with deficit Sweden's Lundin Petroleum suspected of violating international law Jinhui stuck in the red in Q3 Offshore and shipping dragged down Stena in Q3 Korea Line wants HMM on board in US terminal acquisition Singapore to support the country's ailing offshore industry South Korea will order vessels for billions to help yards Alphaliner: High price for Hamburg Süd 2M picks up Hanjin's market shares on Asia-US Executives leave Maersk Maritime Technology before unit is shut down Yet another Norwegian offshore carrier in acute trouble Media: OPEC to cut 1.2 million barrels per day Havila presents Q3 report after rescue plan approval HMM and MSC join forces to buy Hanjin's US port stake Deutsche Bank: Tanker carriers weakened by OPEC deal Maersk Line buys Hamburg Süd Golar LNG reduced its deficit in the third quarter Western Bulk Chartering reduces deficit Skou: Consolidation will continue after Hamburg Süd acquisition Analyst: Maersk's acquisition came in the final hour APL grows 10 percent in first quarter with CMA CGM Daewoo must repay huge bond next year Rolls-Royce to cut another 800 jobs at ailing marine business 2M to land deal with South Korea's HMM within days Boskalis sells South African tug unit Norden lands biggest-ever coal contract Test your ShippingIQ – Nov. 26 - Dec. 2 Media: 2M puts severe pressure on Hyundai Merchant Olympic Shipping gets new life extension Growing number of sulfur violators in Denmark State-owned Chinese shipbuilders to scale down Danske Bank: New Maersk acquisition could strain credit rating Carnival gets million dollar fine for "magic pipe"Songa Offshore pushes back loan by one year This week's top stories on ShippingWatch Foundation crumbling under APMT's prestigious African project Analysis: Russian oil cap is hidden ace in OPEC deal DP World establishes investment platform of USD 3.7 billion US recognizes first ballast water system SeaIntel: Why rates could rise on top of acquisition Zim continued in the red in third quarter Dong merger is the cheap solution for Maersk Oil Employees of Hamburg Süd fear for their jobs Samsung cancels huge order Schlumberger continues more firings in Norway Viking Supply Ships gets new CEO Director of major offshore carrier suspected of corruption Italian carrier files claim against Endofa in Dubai 151 Norwegian offshore vessels idle and unemployed V. Group gets new owner in different equity fund BW LPG now owns 92.7 percent of Aurora Aurora LPG Chief Exec steps down after acquisition Norwegian shipping investor buys rigs at rock-bottom prices Statoil CEO: Oil market will recover faster than anticipated Politician: Yang Ming should merge with port company Media: Korea Line owner retracts offer for Hanjin's terminals Court names Monjasa in protracted bunker fraud case Media: Hyundai Merchant negotiating with 2M in Copenhagen Trafigura projects increasing volatility in commodity trading Maersk Line and Hamburg Süd will dominate Brazilian reefer market Greek seafarers extend strikes about tax conditions Next generation joins Maersk family fund Statoil permanently done with Super Puma helicopter Höegh LNG orders four vessels from Samsung NGO: Shipping could undermine CO2 reductions Shell is close to oil deal with Iran Major staff reshuffle at Monjasa after fraud conviction Oil supertankers brace for worst year since 2013 on OPEC cuts Oldendorff's fleet expanded big-time in 2016 HSH Nordbank sells three Hanjin vessels Maersk aims for settlement in Russian competition case Monjasa could lose prestige growth prize following fraud conviction Akastor teams up with competitor in new company Hamburg Süd CEO: I will retire after the Maersk takeover Glencore and Qatar buy stake in Russia's Rosneft Dry bulk carriers' aggregate loss exceeds USD 1 billion Media: Offshore lenders prepared to boycott banks Fredriksen's Frontline plans to raise USD 100 million Container carriers' shares in major price hike Four-point plan key to continued MCC profits Violeta Bulc: Digitalization could be driving force in shipping Test your ShippingIQ – Dec 3 - 9 LNG sector calls for support from shipowners Norden signs nine-year contract to sail wood pellets Wood Mackenzie believes in high returns from oil and gas again Monjasa risks exclusion from bunker association Last week's top stories on ShippingWatch Maersk Line and MSC enter strategic cooperation with HMM Hyundai Merchant could become full-fledged 2M member in three years HSH Nordbank's shipping losses increase significantly New OPEC deal makes oil price soar again Axis Offshore criticized for forcing rescue plan through Former Seven Seas executives form new company Hyundai Heavy signs huge contract with Iran Analysts have ten questions for Maersk Analyst: Frontline could become world's second-largest tanker carrier New Nordic shipping bank opens in a few days 35 scrapping yards want approval from the EU This is Maersk's vision for the future Viking Supply Ships in new Russian partnership Drewry: These are the 10 best shipping shares this year Final farewell to Maersk Energy is now underway This is how Søren Skou will create the new Maersk Pareto: Bulk recovery will be short-lived Energy CEO: We must find the right solution for energy companies Singapore halfway to the finish line with new bunker rules PwC: Makes financial sense to let Hanjin go bankrupt Trump officially picks oil CEO as Secretary of State Maersk Supply Service sells another two vessels APM Terminals is open to diluting its ownership stakes Eagle Bulk to raise USD 100 million for fleet renewal DSV appoints four new Chief Commercial Officers Castberg field nears final investment plan New shipping bank gets billionaire major shareholder Siem Offshore cancels newbuilding from Polish shipyard Media: Merger talks between Maersk and Dong stalled Viking Supply Ships: Restructuring is completed New Maersk setup could put independence at stake FMC approves The Alliance Media: HMM withdraws from Long Beach terminal bid Wärtsilä bags ballast water deal with major Chinese yard Statoil sells dirty business at a huge loss Bankruptcy lawyer files claim over OW Bunker collapse Maersk plans to keep raising money with bonds Minister on Maersk out-flagging: "It is not okay"European Parliament wants carbon caps on shipping Hyundai Heavy loses huge North Sea order Norwegian investor pleased with criticism of Axis Offshore Danish Ship Finance: Weak growth in shipping for 15 years Former Maersk Line CEO eyes global potential for Danish Ship Finance Höegh LNG bags 20-year FSRU contract in Pakistan Test your ShippingIQ – Dec 10-16 Danaos pulled into the red on Hanjin collapse Skuld weighed down by large claims Maersk Line to scrap eight vessels in India and China Shipowners: EU decision hurts IMO's CO2 efforts Newspaper: Statoil executive charged with corruption Maersk Drilling appoints new Head of HR Last week's top stories on ShippingWatch Dry bulk rate hike comes to an end Vale to open world's largest mining project January Key Chinese ports to introduce sulfur limits by turn of the year Maersk Line's oldest container ships sail under Danish flag Lawyer: Buyers offer "ridiculous" prices for supply vessels Statoil plant just two millimeters from sparking major gas accident Odfjell: We will actively participate in consolidation BP to acquire stakes in West Africa licenses from Kosmos Energy Daewoo gets big order from Greek carrier MSC container vessel in fatal accident in South America Kongsberg on 2017: Pressure on oil but possibilities in deep sea Media: Large-scale mining collaboration falls through Court considers liability in dramatic wreck Banks carry on firesale of Hanjin Shipping's vessels Harsh Korean criticism of Maersk Line and MSC Torm lands USD 130 million loan agreement Germany's commercial fleet shrinks 10 percent Morgan Stanley: VLCC rates at highest level since March Farstad's creditors agree to suspension of payments Baltic Sea ports regain cargo lost following Russian downturn "Everyone knew that something had to be done at Odfjell"Moody's downgrades Maersk to outlook negative Media: Timeline for German-Arab container merger slipping Danske Bank eyes significant upside in Golden Ocean Rickmers Maritime in trouble again MSC close to buying Hanjin's terminals Media: Maersk deal in Iran could be close Alphaliner: Pacific will be the new battleground in 2017 Rickmers Maritime CEO: Divestment is the only way forward Société Générale: Oil price could drop to USD 50 Ardent signs service deal with UK coastguard Former Clipper CEO joins board of Fredriksen company New Oslo-based shipping bank opens for business New buyers for massive Greek shipping loans Wallenius and Wilhelmsen one step closer to merger Petrobras offloads assets totaling USD 2.2 billion This is the shipowners' EU agenda for 2017 Two Maersk vessels sink off the coast of France BW Offshore buys stake in African oil field This is how CEO Jens Bjørn Andersen generates success at DSV APM Terminals expects to launch operations of scandal-stricken port soon Thorco Projects in large-scale Dutch expansion Test your ShippingIQ Gearbulk and Grieg Star's new dry bulk venture gets a name K Line sues APL Logistics over false bankruptcy rumors MSC cleared to buy Hanjin Shipping's ports Mining giant Vale loses port dispute with Navios Media: Aker to buy Norwegian field from ExxonMobil DFDS CEO has a hard time giving up control Last week's top stories on ShippingWatch Oil workers demand continuation of ban on accident-prone helicopter DFDS plans to puts its money to work in 2017 15 oil analysts project rising oil price in 2017 China stocks erase loss as builders get official boost Alfa Laval and OceanSaver bag crucial USCG ballast water approval More Asian defaults loom in 2017 amid Korea shipyard debt France's Total plans to invest USD 1 bln annually in Brazil First oil for Aker BP field Ivar Aasen Farstad Shipping gets a breather throughout January 2017 Port of Busan hit hard by collapse of Hanjin Shipping Drastic decline in pirate attacks in the Malacca Strait Singapore defaults seen as bellwether for 2017 Asia distress Dryships raises USD 200 million in share sale Debt much greater than assets in Hanjin's US business Bergen Group settles refinancing Italian yard the only bidder on STX subsidiary Maersk Line and MSC expand aggressively in the Pacific Dockworkers extend strikes against APM Terminals in Gothenburg China ready for billion-dollar financing of Iranian ships Zim withdraws from Transpacific Stabilization Agreement Petronas eyes new island for USD 27 billion Canada LNG plan Banks push multipurpose operators into consolidation Can the global economy pull shipping out of the crisis next year?DP World increases stake in South Korean port Rotterdam opens dispute about state aid at Europe's major ports South Korean authorities deny major yard merger Russian port chairman detained on suspicion of fraud Antwerp snatches market shares from neighbor ports 2016 was an awful year for Nigerian ports Maersk Oil to shut down Tyra gas field Major shareholder reports stake in shipowner Marenave Daewoo to build shipyard in Iran Oil set for first annual gain in four years before OPEC supply cuts Hyundai vessel in trouble in the North Sea Happy New Year from ShippingWatch!Maersk share exits historic 2016 on a positive note Tanker carriers heading into gloomy 2017 This man will steer Maersk Tankers through the divorce Axis Offshore has now been sold to Prosafe Helicopter company has faith in North Sea deal Dutch reefer specialist expands global service France could block sale of STX-owned shipyard Bimco: Alarmingly weak bulk vessel scrapping activity Statoil reaches staff reduction target Key figure and co-founder leaves Hafnia Tankers Iranian shipping group forms new joint ventures Maersk Drilling wins contract worth USD 12 million Hyundai targets Asia after failed 2M inclusion Maersk pre-qualified to bid on oil projects in Iran Norway's Standard Drilling buys more supply ships Korea Line owner votes against Hanjin asset purchase Scandal-ridden Petrobras makes large divestments Owner used subsidiary to aid J. Lauritzen through 2016 Oil prices at highest level since summer 2015 Deutsche Bank: Better prospects for bulk and crude oil in 2017 Taking stock of a rough year for offshore carriers "This should not necessarily be seen as a defensive move by Hyundai"Asia's shipping lines are facing more mergers Massive oil spill after container collision off Malaysia BW Offshore settles major insurance payment for fatal accident Bulk carriers kick off 2017 with share price leaps Trump's secretary of state will sell ExxonMobil shares Statoil hopes to hit the jackpot in 2017 Havila Shipping expects restructuring plan ready in February Banks prepare for next round of consolidation in multipurpose NYK president looking ahead after tough year Drewry: Multipurpose rates held down by bulk and container Shell determined to slim down in 2017 US oil industry sees hope for the future Forget Latin America, Asia is the biggest US LNG buyer now Maersk Line in new collaboration with China's Alibaba Euronav pads its coffers with VLCC deal ExxonMobil sees oil and gas as the energy sources of the future Kristian Siem pulls out of rescue efforts for Farstad Top iron ore forecaster RBC says prices will pull back this year 30 rigs in the North Sea are candidates for scrapping Alphabulk: 2016 was the worst year ever for dry bulk These are the two biggest challenges for container in 2017 Media: Big Norwegian investors have eyes set on Farstad Dry bulk shipowner weighs purchase of four VLGCs Massive claim crumbles in OW Bunker collapse aftermath Aegean acquires German bunker company by the Baltic Sea Test your ShippingIQ Media: South Korea will get a new container carrier Container rates soar to 20-month high Hanjin Shipping's creditors demand USD 26 billion after collapse 80 supply vessels too old for North Sea jobs EU ready with list of approved European shipbreakers Last week's top stories on ShippingWatch Semco Maritime receives fresh capital after two tough years Media: South Korea's government to create shipping bank Newspaper: Morgan Stanley to sell out of tanker company HSH Nordbank optimistic about finding a buyer Senior VP leaves Odfjell after 17 years Jefferies praises new Maersk strategy

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