ShippingWatch

Last week's top stories on ShippingWatch

Maersk Line is one potential buyer in huge transaction rumored to be imminent in the container market. OPEC may be inching closer to a deal that would benefit tanker carriers. And the crisis deepens among supply carriers. Here are some of this week's top stories on ShippingWatch.

Rumors of an approaching sale of Hamburg Süd have intensified, and Maersk Line is only one potential buyer – though probably the most likely. The price for the German carrier seems high, but the greatest obstacle could very well be the Oetker family's own internal power struggle. ShippingWatch delves into the story.

Rumors intensify surrounding Hamburg Süd

Hamburg Süd sale could spark problems in Brazil

Meanwhile, the options among container carriers to reduce costs seem to be endless, as the new, final structure in the industry has not yet been settled.

EU approves merger between Hapag-Lloyd and UASC

Hapag-Lloyd: UASC merger will cost one in ten positions

CMA CGM lost USD 259 million in the third quarter

Maersk Line: We are looking at other possibilities with Hyundai

Alphaliner: Cracks in partnership between Maersk Line and MSC

SeaIntel: 31,000 employees in container carriers could be cut

Tanker boost after OPEC meeting?

If next week's OPEC meeting results in an agreement to cap output, the oil price could shoot up. But a deal will probably also increase speculative oil trading. In the short term, this could boost the product tanker market, which is otherwise struggling with overcapacity and full stockpiles, Hafnia Tankers CEO Mikael Skov tells ShippingWatch.

OPEC deal could boost tanker carriers

Will Havila be the first to fall?

Havila Shipping could be the first, major victim among offshore supply carriers, of which many are fighting a battle for survival as more and more vessels are idled in the dire market.

Supply carriers face a bitter North Sea winter

Kristian Siem could become major shareholder in Farstad

Banks looking to declare Havila's debt defaulted

Oil companies expect to invest less in Norway

Major creditor: 2017 will be worse for offshore carriers

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Clipper sailing at rates that incite fresh optimism

"For the first time in a long time, rates are at a level, which might tempt some to order new vessels, but it will not be us," CEO of Clipper Group, Peter Norborg, tells ShippingWatch. One commodity in particular is critical for the company's progress.

Norwegian shipping investor debuts in dry bulk

Founder of rig company Borr Drilling, Tor Olav Trøim, is now targeting dry bulk with the company 2020 Bulkers. The plan is to list the company on the minor OTC stock exchange, reports local media Finansavisen.

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