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Damco moves closer to Chinese growth giant

Damco.jpg Services:

Maersk's logistics company Damco expands its collaboration with a Chinese company that expects to increase its revenue by 130 percent over the next three years.

11 logistics giants accused of price fixing

Services:

The Competition Commission of Singapore is currently investigating 11 logistics companies in the region - including DHL, K-Line Logistics, and MOL Logistics - for alleged cartel activities.

DSV to replace bank debt with corporate notes

Services:

DSV is once more considering to issue corporate notes to reduce its bank debt.

Kuehne+Nagel present strong 1Q bottom line

Services:

Kuehne+Nagel achieved a big profit in the first quarter in spite of a less than impressive top line.

Logistics companies' profits under pressure

Services:

Revenues grow but pofits lag behind at several of the world's largest logistics companies. Maersk-owned Damco's growth rates are in the top, according to an analysis by Transport Intelligence.

"The best shipping homework is done on the plane"

Services:

Despina Panayiotou Theodossiou of Cyprus has chosen – in addition to her job as CFOO in the shipping industry – to pursue a Blue MBA at CBS in Copenhagen. The large load of homework is best done on planes around the world, she says.

Current front page

Supplier believes in huge profit from scrubber market

Pureteq_scrubber.JPG Suppliers:

Pureteq's Board of Directors has decided to focus all its energy on the scrubber market. We have to be a multi million dollar business, says CEO Anders Skibdal, who is also halting the company's production of ballast water management systems for the time being.

Damco moves closer to Chinese growth giant

Services:

Maersk's logistics company Damco expands its collaboration with a Chinese company that expects to increase its revenue by 130 percent over the next three years.

Maersk Line: Reliability the core of Daily Maersk

Container:

The Daily Maersk concept was never intended as an aggressive move aimed at the competition, though it did put schedule reliability on the agenda, says Maersk Line.

Bimco: Chinese economy in balancing act

Carriers:

The overall growth in China looks healthy, says Bimco in a new analysis, pointing out that shipping could be hit by structural changes in the short term.

Pacific Basin hit by slow 1Q bulk market

Bulk:

The first quarter was surprisingly bad for dry bulk, but one of the world's biggest operators, Pacific Basin, is pleased to have achieved above-average spot rates in the market. The 2nd half of 2014 looks good, says the carrier.

Blue MBA: 1+1 equals 3

Carriers:

The combination of practical knowledge and academic learning brings a very positive result on the personal bottom line when doing the Blue MBA, says student Jan Kragh Michelsen of Cobham.


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