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Maersk Line lost USD 66 million in Q1

The Maersk Group's key container business exits the first quarter with a loss of USD 66 million. The expectations of a billion dollar improvement of the full-year result are maintained.

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Swire Blue Ocean CEO steps down

Lars Blicher has announced on LinkedIn that he is stepping down 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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