ShippingWatch ShippingWatchUk da Copyright 2012, ShippingWatch Fri, 18 Aug 2017 13:34:18 GMT ShippingWatch - latest news ShippingWatch - latest news 2017-08-18T13:34:18Z da Copyright 2012, ShippingWatch ShippingWatch This week's top stories from ShippingWatch The week brought half-yearly reports from five of the major Danish carriers: Maersk Line, Norden, Torm, DFDS, and J. Lauritzen. Meanwhile, several Danish shipping executives told ShippingWatch what drives them. Carriers Fri, 18 Aug 2017 13:34:18 GMT BY LOUISE VOGDRUP-SCHMIDT 2017-08-18T13:34:18Z false DFDS Executive VP: I've sometimes listened a bit too much Is it possible to listen too much when collaborating? Yes, at times, says Executive VP Peder Gellert Pedersen of DFDS. For instance in the executive group. "I've been too attentive rather than forcing decisions through," he says in ShippingWatch's series on leadership. Carriers Fri, 18 Aug 2017 12:38:57 GMT BY DANIEL LOGAN BERG-MUNCH 2017-08-18T12:38:57Z true CEO has leaned down J. Lauritzen for tough years CEO Mads P. Zacho has reduced expenses at J. Lauritzen in order to prepare the carrier for a protracted downturn on the dry bulk market. There is no need for more major cost cutting, he tells ShippingWatch. Bulk Fri, 18 Aug 2017 12:38:42 GMT BY NIKLAS KRIGSLUND 2017-08-18T12:38:42Z true Hafnia Tankers books deficit for Q2 Hafnia Tankers' bottom line went negative in the second quarter, as the market remains characterized by an oversupply of vessels and full oil deposits. Tanker Fri, 18 Aug 2017 12:11:06 GMT BY NIKLAS KRIGSLUND 2017-08-18T12:11:06Z true Rolls-Royce injects billions in fresh capital into Norwegian marine business The engine behemoth has booked huge losses on its Norwegian subsidiaries, Rolls-Royce Marine in particular. The UK parent company has subsequently injected more than NOK 2 billion in fresh equity into its marine business in Norway, which is severely strained by the downturn in offshore, reports Finansavisen. Suppliers Fri, 18 Aug 2017 10:57:08 GMT BY DANIEL LOGAN BERG-MUNCH 2017-08-18T10:57:08Z true Offshore carrier GC Rieber reduces deficit Rieber Shipping has trimmed a big chunk off its half-year deficit compared to last year, shows the interim report. But the offshore carrier, where a new CEO is taking over today, does not think that rates are cause for optimism. Offshore Fri, 18 Aug 2017 10:43:25 GMT BY TOMAS KRISTIANSEN 2017-08-18T10:43:25Z true South Korean shipbuilders beat China in orders Shipyards in South Korea have surpassed China again in terms of receiving the most orders for new ships and platforms. The major South Korean yards have been in the doldrums in recent years, but 2017 has been positive so far. Suppliers Fri, 18 Aug 2017 10:42:30 GMT BY NIKLAS KRIGSLUND 2017-08-18T10:42:30Z true Gothenburg port conflict could lead to bankruptcies The year-long conflict in the port of Gothenburg involving APM Terminals has proved expensive for Swedish industry. Swedish chamber of commerce projects that the conflict could trigger bankruptcies, according to newspaper Dagens Nyheter. Ports Fri, 18 Aug 2017 07:16:56 GMT BY LOUISE VOGDRUP-SCHMIDT 2017-08-18T07:16:56Z true Team Tankers: No improvements in weak chemical market New deficit at Team Tankers International confirms a weak market for chemical carriers: No "sustained improvement since the downturn in the chemical tanker market began," says CEO Hans Feringa. Tanker Fri, 18 Aug 2017 07:11:41 GMT BY DANIEL LOGAN BERG-MUNCH 2017-08-18T07:11:41Z true Pacific Basin looking at new asset acquisition opportunities Among the dry bulk carriers, Pacific Basin is one of the few players so confident in the market that it has performed a significant fleet expansion. And more could be underway. ShippingWatch has interviewed CEO Mats Berglund about where the optimism comes from. Bulk Fri, 18 Aug 2017 06:45:53 GMT BY DANIEL LOGAN BERG-MUNCH 2017-08-18T06:45:53Z false J. Lauritzen still strained despite improvements J. Lauritzen was able to reduce its deficit in the second quarter 2017. But an actual comeback in strained dry bulk rates still seems far off, says CEO Mads P. Zacho. Bulk Fri, 18 Aug 2017 06:35:33 GMT BY NIKLAS KRIGSLUND 2017-08-18T06:35:33Z true Smedegaard aims to land two acquisitions this year The second quarter was historically good for DFDS which also bought new vessels during the period. CEO Niels Smedegaard tells ShippingWatch that there are two acquisitions in the pipeline, which he hopes to land this year. "It is a nice situation to be in," he says. Carriers Thu, 17 Aug 2017 13:35:09 GMT BY KATRINE GRØNVALD RAUN 2017-08-17T13:35:09Z true Alphaliner: APM Terminals could be leaving India An Indian newspaper reports that APM Terminals is preparing to sell its large stake in port Gateway Terminals India. If the sale happens, it could indicate that APM Terminals is on track to leave India entirely, writes Alphaliner in an analysis. Ports Thu, 17 Aug 2017 13:05:56 GMT BY LOUISE VOGDRUP-SCHMIDT 2017-08-17T13:05:56Z true