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One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

Desmi gets new owner after sale of majority stake

After having been up for sale for a long time, pump manufacturer Desmi finally has a new main owner. ”It was high on our agenda to find a new owner who wants to continue our growth strategy,” says owner Henrik Sørensen.

Maersk Training buys Norwegian partner

The Danish shipping giant’s training subsidiary is buying a Norwegian partner supplying safety and crisis management courses for offshore and maritime industries.

Suez Canal set for busiest year in decades

The Suez Canal, which is the fastest route between Asia and Europe, looks set for its best year in decades measured on the number of vessels using the canal, according to Leth Agencies.

Lockdowns have made China less attractive for many companies

Almost a quarter of European companies with investments in China consider moving somewhere else, according to survey by the European Chamber of Commerce in China. ”A potential early-warning indicator” of supply chain changes, says analyst.

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