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Maersk Insurance made more money in 2016

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Maersk Insurance, owned by the Maersk Group, managed to raise profits in 2016. The bottom line showed a profit of USD 21.3 million for the company which was founded in 2011.


BY NIKLAS KRIGSLUND
Published 21.04.17 at 10:44

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Maersk Broker has never before sold this many vessels

_TOF7310_aha.jpg Services:

The Maersk family's brokerage firm maintains its forecast for an improved result compared to a weak 2016, CEO Anders Hald tells ShippingWatch. Though there is solid activity in buying and selling, it is still happening at very low prices, he says.

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A new study by law firm Norton Rose Fulbright indicates an increasing shortage of capital in shipping in the years to come, while lenders are becoming more aggressive in their efforts to recover funds.

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Noble Chartering moves to Singapore to reduce costs

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Current front page

Maersk Broker has never before sold this many vessels

_TOF7310_aha.jpg Services:

The Maersk family's brokerage firm maintains its forecast for an improved result compared to a weak 2016, CEO Anders Hald tells ShippingWatch. Though there is solid activity in buying and selling, it is still happening at very low prices, he says.

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Bulk:

J. Lauritzen has appointed a new head of its dry bulk business, as the carrier promotes a candidate from within its own ranks to COO. He will replace Peter Borup who left the carrier in March.

Shipping and offshore's new financiers come from China

Services:

Chinese leasing companies have stormed into shipping and offshore accounting for 15 percent of new loans in 2016, according to new figures. ShippingWatch has met two of the new bankers which the maritime industry should start getting used to. "It's strictly commercial," they say.

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Ports:

Spanish dockworkers call of the strike currently in progress, after they have signed an agreement concerning labor conditions at the ports, reports Reuters.

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