Christian Laursen

1 month ago | shippingwatch.com | Christian Laursen

The bulk and tanker operator labels the result ”solid” given high uncertainty and challenging market conditions. Full-year guidance is maintained. Norden’s net profit for the first three months of the year fell to just over half compared to the same period last year after a period of heightened turmoil and difficult market conditions.

1 month ago | shippingwatch.com | Christian Laursen

Europe’s second-largest port is reporting serious disruptions in shipping to and from the port. Strikes across Belgium are currently affecting the port of Antwerp-Bruges, Europe’s second-largest port in terms of traffic and tonnage.

1 month ago | shippingwatch.com | Christian Laursen

There are currently no US-built ships capable of carrying LNG and US shipyards are not able to build LNG carriers by the deadline. US liquefied natural gas (LNG) companies will not be able to comply with new rules forcing them to use US cargo ships, says the largest US trade association for the oil and natural gas industry, the American Petroleum Institute (API), according to the Financial Times.

1 month ago | shippingwatch.com | Christian Laursen

The Finnish tech supplier is experiencing a declining appetite for newbuilds, but customers are still hungry for Wärtsilä’s services. Wärtsilä expects demand to increase over the next twelve months in the Finnish engine manufacturer’s marine business after its order book reached new heights in the first quarter.

1 month ago | shippingwatch.com | Christian Laursen

Even though the Empire Wind project has been halted by order of the Trump administration, Maersk Offshore Wind intends to fulfill the contract. Maersk Offshore Wind will continue to build a vessel to install offshore wind turbines off the coast of New York, even though the US government has shelved the Empire Wind project.