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.

This week's top stories on ShippingWatch

Interviews with the CEO's of Maersk Line, Hamburg Süd and Hapag-Lloyd, and a tragic accident on a drilling rig, are among this week's top stories on ShippingWatch.

Hapag-Lloyd to invest in reefer again

Chinese and EU conditions to approve Maersk Line's take-over of Hamburg Süd leaves gaps in the market, says Hapag-Lloyd CEO Rolf Habben Jansen to ShippingWatch. He is ready to invest further in reefer again in 2018.

Maersk Line gets Latin America as single biggest tradelane

Container services related to Latin America will be Maersk Line's biggest single tradelane after the billion-dollar acquisition of Hamburg Süd. The carrier's dependence on North-South services will see a significant rise, according to Alphaliner.

Major carriers take larger piece of the US market pie

CMA CGM, MSC, Maersk, Hapag-Lloyd and Evergreen Line have increased their aggregate market share in the US this year, reports the Journal of Commerce. But new large players are major competitors vying the top five.

CMA CGM and Total sign LNG deal for mega-vessels

Total will supply the LNG that CMA CGM's new fleet of huge container ships will sail on, once they are delivered, beginning in 2020. The contract between the oil company and the container carrier is set to run ten years.

Habben Jansen expects no more mergers and acquisitions

Regulators have marked the limit for container consolidation with strict conditions for Maersk Line’s acquisition of Hamburg Süd, says Hapag-Lloyd CEO, Rolf Habben Jansen. 6 or 7 major players are crucial for the market, he notes in an interview with ShippingWatch.

Former Rickmers Maritime CEO hired by Greek carrier

The former chief executive officer of Rickmers Maritime, Søren Andersen, has found a new job after the company has been shut down. He will serve as senior vice president of business development for Navios.

MPC Container Ships' business up and running

Recently founded feeder carrier MPC Container Ships has delivered its first profit, even though the business is still in the launch phase. The carrier has a stated goal of reaching 100 vessels.

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