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Hapag-Lloyd's deal with UASC will be presented next week

The deals between Hapag-Lloyd and UASC have been signed and the merger is thus finalized after a delay of almost two months. There are many indications, however, that the announcement of the deal will not take place until next Wednesday.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

Concordia Maritime in new fleet expansion

The listed tanker carrier has signed two new charter contracts which, according to CEO Kim Ullman, confirm the carrier's positive outlook for the product tanker market from mid-2018.

Euronav hires IT systems supplier to manage its fleet

Belgian tanker carrier Euronav has IT firm Logimatics to supply its 52-vessel fleet with fleet management tools in order to optimize operations. "A considerable order for us," says the head of sales at Logimatic, Hans Christian Jensen, to ShippingWatch.

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