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Seago Line deploys record-size vessels in the Mediterranean

Container:

Maersk-owned Seago Line and carrier Arkos will, according to Alphaliner, deploy the so-far biggest container ships of up to 6,000 teu in the Mediterranean, which are already dedicated to feeder sailing in the Mediterranean.


BY OLE ANDERSEN
Published 08.06.16 at 15:12

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Maersk Line harbors great ambitions for Hamburg Süd

_T0A9720.jpg Container:

Maersk Line has for the first time quantified its growth ambitions for Hamburg Süd, a takeover transaction the carrier is expected to complete before long. "It's a long-term ambition, but there's no doubt that our expectations are high," COO Søren Toft tells ShippingWatch.

MSC confirms order for 11 ultra-large vessels

Container:

MSC has ordered 11 ultra-large container vessels to be built at South Korea's DSME shipyard, a spokesman confirms to ShippingWatch.

No Plan B for Maersk Line if Hamburg Süd acquisition fails

Container:

There are no other interesting acquisition candidates for Maersk Line if the Hamburg Süd purchase fails, says Lars Jensen, CEO of Seaintelligence Consulting. Instead, the carrier will have to do what it should have done a long time ago, he tells ShippingWatch.

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.

Lloyd's Register: 24,000 teu ships on the way

Container:

The container industry is very interested in container ships in the size of 24,000 teu, classification company Lloyd's Register tells ShippingWatch.

CMA CGM beats all rivals on earnings

Container:

Carriers such as Maersk Line, Hapag-Lloyd and Cosco have distanced themselves from France's CMA CGM, which in the second quarter stood out as the best-selling container shipping company in the top 20.

Current front page

Bugbee: Maersk family will drive tanker consolidation

IMG_3322.JPG Tanker:

Robert Bugbee, CEO of Maersk Tankers' top competitor Scorpio Tankers, has great expectations for the Maersk family after its acquisition of Maersk Tankers. "I expect to see the Maersk family as a driving and consolidating force," he tells ShippingWatch.

Transocean books million-dollar impairment on six rigs

Offshore:

Transocean will now retire several rigs which had already been cold stacked, says the world's largest rig company in a press release.

Maersk Line harbors great ambitions for Hamburg Süd

Container:

Maersk Line has for the first time quantified its growth ambitions for Hamburg Süd, a takeover transaction the carrier is expected to complete before long. "It's a long-term ambition, but there's no doubt that our expectations are high," COO Søren Toft tells ShippingWatch.

Lukoil looking to get rid of trading unit amid legal battle

Services:

Oil company Lukoil is prepared to sell its trading unit Litasco, CEO tells local media. Litasco was this week hit by compensation claims for USD 2 billion filed by a Turkish company.

Norway's central bank projects surge in oil investments

Services:

In a new report, the Norwegian central bank bolsters its faith in coming investments by the oil sector. More newbuild projects in particular spur the bank to raise its forecast.

This week's top stories: Maersk Tankers, ballast water, Royal Arctic Line

Carriers:

The Maersk Group's sale of its tanker unit to the Maersk family made headlines on ShippingWatch this week. Top stories also included a bankruptcy in the ballast water market and revolt among Seadrill's bondholders.

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