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Simpson Spence Young acquires Bidsted & Co

Simpson Spence Young has acquired Danish dry bulk broker Bidsted & Co. "The world requires more and more these days, and we had to acknowledge that we were unable to match demand on our own," Bidsted's managing director Carsten Munk Jensen tells ShippingWatch.

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Swedish shipowners want 400 ships flagged in Sweden by 2027

The much-anticipated tonnage tax scheme could mean that 400 ships join the Swedish flag over the next decade, shows a study performed by the Swedish Shipowners' Association. "We hope that over the coming years these predictions will turn out to be correct," Vice President Pia Berglund tells ShippingWatch.

Robert Uggla

This week's top stories on ShippingWatch

Navigare Capital Partners, owned by parts of the Mærsk family, is ready to buy more vessels, Simpson Spence Young acquired Danish broker Bidsted & Co., and Norden CEO Jan Rindbo offered insights into his management strategy this past week on ShippingWatch.

Shipowners describe the EU's maritime year as a dud

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"Nothing." This is the brief response when association Danish Shipping is asked to describe the results of the EU's maritime year, which expires at the end of 2017. But there are three key matters on the agenda for next year. Get an overview here.

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When Rindbo handed responsibility back to the employees

CEO Jan Rindbo is on track to deliver the first positive full-year result for Norden since 2011. In an interview with ShippingWatch, he explains what it has meant to hand responsibility back to the employees – and the other executives.

Statoil awards oil contracts worth billions

Oil company Statoil has awarded three contracts to three different suppliers valued at a total of NOK 8 billion. One of the agreements goes to Aker Solutions, which recently landed a large contract with Maersk Drilling.

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