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Frontline puzzled by rejection from DHT

Crude oil carrier Frontline, part of John Fredriksen's shipping and oil business, has a hard time understanding that the carrier's attempts to take over competitor DHT were rejected. The carrier expects strained tanker rates in 2017.

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SSY after Danish acquisition: "Hopefully 2+2=5"

Getting a foot in the door of Danish shipping was decisive for UK-based shipbroker Simpson Spence Young, which on Friday acquired Denmark's Bidsted & Co. "We're a good match," Chairman Mark Richardson tells ShippingWatch.

MSC to increase capacity of 11 vessels at Chinese yard

Container carrier MSC has signed a deal with a Chinese shipbuilder to increase the length of its 11 container ships, to boost their capacity to 17,000 teu. Competitor CMA CGM has also made a deal with the same yard, report several media.

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