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DSV to lay off several thousand employees

DSV is in the midst of integrating the acquisition of US-based UTi Worldwide. Among other things, this means that "a few thousand employees" will be laid off, says DSV CFO Jens Lund in an interview with ShippingWatch. Around one fourth of UTi's employees have been switched to the DSV platform at this point.

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Swire Blue Ocean CEO steps down

Lars Blicher has announced on LinkedIn that he is stepping down from his post as CEO of Swire Blue Ocean. "I still have not decided where to go from here," he writes.

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.

Lauritzen CEO: On the right track, but it will take time

Dry bulk carrier J. Lauritzen finished the third quarter with an operating deficit of USD 9.8 million. Positive with a better dry bulk market, but the carrier is still some way off from turning a profit, CEO Mads Zacho tells ShippingWatch.

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