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Frank Mortensen er CEO for Maersk Broker Bulk Chartering.

Maersk Broker takes over dry bulk partner

Services:

Maersk Broker is taking over the Danish ship broker Lanic, in which the company already owns a stake. From July 1, Lanic will be incorporated into Maersk Broker Bulk Chartering, which is Maersk Broker's dry bulk business.


BY NIKLAS KRIGSLUND
Published 30.06.17 at 14:08

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Kuehne + Nagel heralds more acquisitions

KN_SF_0036.jpg Services:

Transport and logistics firm Kuehne + Nagel is hosting its capital markets day in London, and the group has heralded news about its strategy plan.

Bigger container ships need better fire precautions

Services:

The International Union of Marine Insurance (IUMI) calls for stronger fire safety measures on container vessels. The call comes in the wake of more fires being reported and as ships grow bigger and bigger.

Maersk spending millions to keep struggling Damco afloat

Services:

Maersk has been forced to inject USD 451 million into the group's problematic logistics unit Damco. The figure corresponds more or less to Damco's combined losses from the past five years.

Univan CEO projects further consolidation in ship management

Services:

Following the large-scale merger two years ago, which created the world's second-largest ship management company, growth at Anglo-Eastern Univan Group has been modest. "2-5 percent annually is a solid growth target for us, CEO Bjørn Højgaard tells ShippingWatch.

Jefferies: DSV distancing itself from the competition

Services:

Panalpina is looking increasingly like an acquisition candidate, says US investment bank Jefferies, noting the distance between DSV and its rivals on earnings and growth.

DNV GL now also affected by the shipping crisis

Services:

Remi Eriksen has taken over as CEO of DNV GL at a time of severe crisis in shipping and offshore. In an interview with ShippingWatch, he talks about the classification bureau's prospects for 2016.

Current front page

Maersk sells tanker carrier to family in a buyer's market

Maersk Tankers slæbebåd towage Tanker:

Maersk Tankers has been sold to the Maersk family's holding company at a time when investors are staying far away from product tanker. But the carrier could be sold on when the market recovers, analysts say.

Dockworkers block automation of vehicles in West Coast ports

Container:

The powerful US dockworker union ILWU has succeeded in slowing the development towards automation in Los Angeles and Long Beach. A new law holds that environmentally-friendly vehicles in the ports must not be fully automated or remote controlled in order to secure subsidies.

Dry bulk shipowners have drained yards' newbuild stockpiles

Carriers:

Shipyards have virtually no newbuild resale vessels left from canceled contracts to sell, says Celsius Shipping CEO Jeppe Jensen.

Saadé: Container stronger than it has been for years

Container:

The chief executive of France's CMA CGM, Rodolphe Saadé, sees no crises in the years to come for container carriers, which are currently benefiting from consolidation and stronger economic growth.

Wilh Wilhelmsen banks more on oil and gas

Offshore:

Wilh. Wilhelmsen will pay NOK 545 million to boost its ownership stake in offshore company Norsea Group to 72 percent. "We wish to have an exposure towards the energy market, primarily oil and gas," explains the company.

OECD raises forecast for global growth

Carriers:

Expectations for growth in the global economy are boosted again in the latest OECD forecast. The upgraded forecast is attributed to factors including growth in Europe. Read the full forecast here.

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