Maersk Broker's bulk venture already looking at new potential acquisitions

The merger between Wonsild Dry and Maersk Broker Bulk Chartering will create a company that is better equipped in a broker market that faces further consolidation, says CEO. The company is already looking for new acquisitions and mergers.

Frank Mortensen, CEO, Maersk Broker Bulk Chartering.

Maersk Broker Bulk Chartering, the Maersk family's dry bulk venture, is already looking for new acquisitions or merger opportunities, even though only a few days have passed since the company announced a merger with Wonsild Dry, CEO Frank Kehlskov Mortensen tells ShippingWatch.

"We're already looking at other opportunities," he says, declining to go into more detail about which companies or markets the company has its sights on.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Blackrock becomes major shareholder in Borr Drilling

Multinational asset manager Blackrock now owns 5.67% of Borr Drilling’s shares. The equity purchase is announced the same day as Borr Drilling sells three rigs under construction to strengthen the company’s strained economy.

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs