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Madrid Maersk
Photo: Maersk Line

Maersk Line to take delivery of 27 ships in two years

Container:

With the delivery of Madrid Maersk, the first vessel in its new mega-series, Maersk Line has begun to take delivery of the 27 vessels set to enter the company’s fleet over the next two years. The carrier will return short-term chartered vessels from all segments to their owners, explains COO Søren Toft.


BY TOMAS KRISTIANSEN
Published 02.05.17 at 08:40

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Most read Container

Søren Skou: Acquisition wave will continue

sørenskou2.jpg Container:

There will only be 5-6 major container carriers left 10 years from now, says Maersk CEO Søren Skou in an interview with Financial Times.

Maersk Line missed out on growth in the container market

Container:

CEO Søren Skou was unable to deliver what analysts, competitors, and undoubtedly shareholders had expected. The carrier has lost market shares at what looks like the worst possible time, observers note. Fully in line with expectations, says Skou.

First 20,000 teu container ship hits the water

Container:

The world's first container ship with a capacity of a little over 20,000 teu has hit the water. The ship belongs to Japan's Mitsui OSK Lines, which could lose the record already this year.

Maersk Line achieved USD 339 million profit in Q2

Container:

The world's largest container carrier, Maersk Line, achieved a USD 339 million profit in the second quarter. Freight rates are up 22 percent compared to last year, while impairments in other business units dragged down the group's overall result into the red.

Employees at container carriers point to lack of career opportunities

Container:

Employees at the major container carriers point first and foremost to a shortage of career opportunities, and they are not necessarily pleased with senior management, according to new data from recruitment firm Glassdoor. The data bring good as well as bad news for Maersk Line and MSC.

"We picked HMM up from the bus stop where the carrier had been left"

Container:

It was far from a deal between equal partners when the 2M alliance with Maersk Line and MSC entered a cooperation agreement with Hyundai Merchant Marine. "We picked up the carrier from the bus stop where the alliance had left it," says Maersk Line CEO Søren Skou today.

Current front page

CEO has leaned down J. Lauritzen for tough years

Mads Zacho 4.jpg Bulk:

CEO Mads P. Zacho has reduced expenses at J. Lauritzen in order to prepare the carrier for a protracted downturn on the dry bulk market. There is no need for more major cost cutting, he tells ShippingWatch.

Hafnia Tankers books deficit for Q2

Tanker:

Hafnia Tankers' bottom line went negative in the second quarter, as the market remains characterized by an oversupply of vessels and full oil deposits.

DFDS Executive VP: I've sometimes listened a bit too much

Carriers:

Is it possible to listen too much when collaborating? Yes, at times, says Executive VP Peder Gellert Pedersen of DFDS. For instance in the executive group. "I've been too attentive rather than forcing decisions through," he says in ShippingWatch's series on leadership.

Pacific Basin looking at new asset acquisition opportunities

Bulk:

Among the dry bulk carriers, Pacific Basin is one of the few players so confident in the market that it has performed a significant fleet expansion. And more could be underway. ShippingWatch has interviewed CEO Mats Berglund about where the optimism comes from.

Gothenburg port conflict could lead to bankruptcies

Ports:

The year-long conflict in the port of Gothenburg involving APM Terminals has proved expensive for Swedish industry. Swedish chamber of commerce projects that the conflict could trigger bankruptcies, according to newspaper Dagens Nyheter.

South Korean shipbuilders beat China in orders

Suppliers:

Shipyards in South Korea have surpassed China again in terms of receiving the most orders for new ships and platforms. The major South Korean yards have been in the doldrums in recent years, but 2017 has been positive so far.

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