Container market uncertainty puts pressure on share prices

A share such as Hapag-Lloyd's ought to have surged in the wake of the positive quarterly result recently published, writes Drewry. The analysts find that several factors are impeding the stock's potential, one of which affects the industry as a whole.

Container freight rates remain sluggish

The third quarter 2017 was significantly better than the dreadful year 2016, but the freight rates are still only on par with the period 2011 to 2014, notes SeaIntel in a new analysis.

Diana Containerships reduces deficit

Greek shipowner Diana Containerships emerged from the third quarter with a significantly smaller deficit than last year. Revenue declined slightly after sales of ships during the year.

Maersk Line's acquisition of Hamburg Süd weakened by authorities

Requirements from authorities in China and the EU have made the conditions surrounding Maersk Line's acquisition of Hamburg Süd more difficult, says former Managing Director of Maersk Line in Latin America, Michael Kaasner Kristiansen. US-based Sealand could be a joker in the new Maersk.

Hapag-Lloyd turning away from scrubbers as sulfur cap solution

While Hapag-Lloyd is still considering how the fleet of more than 200 vessels will comply with the global sulfur cap, CEO Rolf Habben Jansen virtually reveals the carrier's decision in an interview with ShippingWatch. "We are not leaning toward scrubbers," he says. However, LNG is a possibility.

Hapag-Lloyd third quarter result rises sharply

CEO Rolf Habben Jansen expects that the strong demand which has benefited the industry this year will continue into 2018, he says in a comment to ShippingWatch. Efficiency has picked up significantly.

This week's top stories on ShippingWatch

China builds strength in the improving container sector, banks clean up the multipurpose fleet, Danish OMT carries out large-scale layoffs, and several disputes in the bunker sector characterized this week on ShippingWatch.

A single unknown number will form Maersk's Q3 report

Maersk is headed in the right direction. This is true in terms of the financials as well as the complicated process of shaping the future Transport & Logistics business, according to analysts who plan to keep an eye on one figure in particular in next week's interim report.

Cosco Shipping returns to black in Q3

Chinese carrier Cosco Shipping delivered a positive bottom line for the third quarter 2017 compared to a massive deficit last year, though the company's results for the first nine months remain deep in the red.

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