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Maersk Broker has never before sold this many vessels

The Maersk family's brokerage firm maintains its forecast for an improved result compared to a weak 2016, CEO Anders Hald tells ShippingWatch. Though there is solid activity in buying and selling, it is still happening at very low prices, he says.

Maersk Broker's profit down 72 percent

As expected, 2016 brought a decline on the bottom line for the Maersk family's shipbroker. The annual report showed a profit reduction of 72 percent. The company expects a higher result in 2017.

Lightship loses dramatic court case to former partner

Shipbroker Lightship Chartering has been sentenced to pay a little over DKK 500,000 to a former partner who now works at Maersk Broker. Lightship has also been sentenced for an email sent by owner Morten Have to the management of Maersk Broker.

Lightship Chartering bets on London with new office

Shipbroker Lightship Chartering will open a new office in London and plans to have 20 employees in the UK capital within the next three years. The first quarter this year was broker's best since 2009, Chairman Morten Have tells ShippingWatch.

Shipbroker: Hundreds of new bulk vessels in 2016

Several hundred dry bulk vessels will be delivered from shipyards in the remaining months of 2016. At the same time, yards are offering low newbuilding prices in order to lure in customers to place orders in a miserable market, writes Allied Shipbroking.

Yard crisis could make new tankers even cheaper

The price for a tanker newbuilding this May reached the lowest level since 2013. The problems at the Asian shipyards could push the price further down, notes Gibson Shipbrokers. However, the broker calls for tanker carriers to be cautious.

Former Lightship partners in open clash with owner

Dramatic development in the dispute between four former partners from the broker agency Lightship Chartering and the company's current owner Morten Have after accusations against one of the ex-partners for entering contracts which triggered huge claims against the company.

Lightship: Former partner hit us with huge claims

Contracts signed by a former partner at Lightship Chartering have made the broker agency subject to sizeable claims, writes senior management headed by owner and Chairman Morten Have in the broker's financial report.

Maersk Broker achieved best result in four years

The Maersk family's broker company achieved its best result in four years thanks to a solid market for used vessels. The bottom line inched up above USD 15 million, reports Danish media Berlingske Business.

Former Lightship partner joins Maersk Broker

Frank Mortensen, former CEO and partner at brokers Lightship Chartering, has joined Maersk Broker as part of the company's current dry bulk build-up, most recently in the Middle East and Africa, which from May 1st will be headed by Anders Højmose Pedersen in Dubai.

Maersk Broker in new dry bulk partnership

The firm has signed a declaration of intent to become new majority shareholder in Danish broker firm Lanic. "We consider Lanic to be a quality brokerage firm that will be a perfect match, we are sure, with the rest of our organization," says Claes Devantier, senior exec at Maersk Broker.

Wonsild Dry: Worrying dry bulk sector consolidates industry

Earnings for dry bulk brokers are under pressure, and this fact is boosting consolidation in the industry, Bjarne Wium-Ullerichs tells ShippingWatch. He is CEO and partner of Wonsild Dry, which Maersk Broker has just entered as a minority shareholder.

Arctic CEO looking to cover entire sector with new broker venture

With financing and advice from John Fredriksen, newly established shipbroker Arctic Shipping Norway will in time cover the purchase and sale of vessels in all segments of the industry, including through partnerships in Asia, CEO Mads Syversen tells ShippingWatch.

Brokers: Shipowners ordering tankers on a large scale

There is still significant activity in the newbuilding market, with shipowners focusing in particular on orders for new tanker vessels, according to reports from several leading shipbrokers. Ordering activity in dry bulk remains slow.

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