Low oil price continues to drag down Alfa Laval

There are very few projects in the market and contracts for new vessels are declining, Alfa Laval notes in the second quarter interim report.

BY NIKLAS KRIGSLUND

The plunge in the oil price continues to drag down Alfa Laval which supplies equipment including pumps, valves, and heat exchangers to vessels and drilling platforms.

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Low oil price continues to drag down Alfa Laval

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US Coast Guard rejects Desmi's ballast water appeal

Alfa Laval edges closer to crucial ballast water application

Alfa Laval struck by low oil price and few newbuildings

Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs