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Ny topchef i Eimskip dropper strategi om opkøb

Eimskips nye topchef vil fokusere på at integrere sin forgængers opkøb frem for at købe nye selskaber. "Vi bliver nødt til at konsolidere vores forretning," siger han til ShippingWatch.

Eimskip adjusts expectations for 2019

Higher activity levels and increased cargo amounts make Iceland's Eimskip narrow its expectations for 2019. The first months of the year yielded considerably higher operating profits, according to the company.

Royal Arctic Line and Eimskip get regulatory approval

After a two year wait, the partnership between Royal Arctic Line and Eimskip has now been approved by the Icelandic authorities. "This was the last turn before the finish line," Royal Arctic Line CEO Verner Hammeken tells ShippingWatch.

Eimskip hires banker as new CEO

Iceland's biggest container shipping liner Eimskip has found its new CEO. He comes from the bank Íslandsbanki and replaces the former CEO, who will move on to lead the company's activities in the US and Canada.

RAL's Aarhus plans delayed by typhoon and pending Icelandic approval

The North Atlantic collaboration between Eimskip and Royal Arctic Line has been delayed. A typhoon has delayed delivery of the container vessel from China, and Icelandic authorities have not yet approved the partnership. RAL CEO Verner Hammeken will have to delay the project's start until later this year.

Iceland's Eimskip reports lower profit

Despite a surge in revenue, Eimskip finished the first nine months of the year with a significantly lower profit than last year. Trade tensions and Norwegian business dragged down the results.

Eimskip gets new major shareholder

The listed Icelandic shipping and logistics company Eimskip has a new shareholder, fishing company Samherji. The new shareholder has vast experience in the North Atlantic, says Eimskip to ShippingWatch.

Foreign companies go free in Icelandic cartel case

The competition authorities in Iceland are currently only focusing on Eimskip and Samskip in a protracted case about secret pricing agreements. Previously, the authorities indicated that there might be a connection to companies outside the country.

Samskip rejects charges of secret price cartel in Iceland

In comments to ShippingWatch, Samskip rejects the charges by the Iceland Competition Authority, which accuses the shipping company of partaking in illegal price cartel activities with competitor Eimskip. Samskip cites to a case related to price collusion that was settled in April.

Eimskip anticipates improved operations in 2018

Handled volumes, revenue and the operating profit climbed to record levels for Eimskip last year, says CEO Gylfi Sigfússon in the company's annual report. The Icelandic company expects even better operating profit in 2018.

Eimskip sticks to declared guidance after Q2 report

The Icelandic carrier maintains its expectation to land an operating result of almost EUR 63 million in 2017 after releasing its Q2 report. Exchange rate effects contribute to reducing the deficit on the bottom line, shows the report.

Costs take a chunk out of Eimskip's profit

A fishermen's strike and a fine from Iceland's Financial Supervisory Authority were factors in a reduction of Eimskip's profit in this year's first quarter. Growing expenses in freight rates and fuel also had a negative impact.

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