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Samskip looking for new acquisitions after top-line growth in 2017

The Icelandic logistics company, headquartered in the Netherlands, is not done buying up after completing several acquisitions in Norway and elsewhere. Help from consultants has given the company a "clear strategy and direction" for the years to come, CEO for Samskip Logistics Ásbjörn Gíslason tells ShippingWatch.

Evergreen to order 20 new container ships

Taiwan's Evergreen Marine confirms a deal for 20 new 11,000 teu container ships. With the newbuilds, the carrier will be prepared for future demand, says the company in a press release.

Seaspan gets new shareholder and partner

The world's largest charterer of container vessels, Seaspan Corporation, has partnered up with major Canadian investor Fairfax Financial Holdings, whose investments activities include real estate. Fairfax will invest USD 250 million in Seaspan.

Hyundai Merchant CEO: This is how we double the fleet in 2022

There will be plenty of challenges to address for Maersk Line's South Korean partner HMM this year and over the coming years. In a speech to employees, CEO C.K. Yoo emphasized how the carrier will achieve its goal to double its fleet capacity in 2022.

Two carriers could shake up the container market in 2018

2017 was the year in which container carriers called off the price war that they had waged over recent years. Meanwhile profitability returned, but two carriers in particular pose a threat to this stability, predicts Lars Jensen of SeaIntelligence Consulting in comments to ShippingWatch.

New merged container player projects massive savings

Ocean Network Express, ONE, which will merge the container activities of Japan's three largest carrier groups from April 1 2018, expects savings of USD 440 million from the integration in the first year, according to Nikkei. The savings could grow to double this amount.

This week's top stories on ShippingWatch

The week brought a large-scale merger between Euronav and Gener8 Maritime, questions concerning Maersk's key route in Latin America, Swedish sulfur legislation and much more.

Billion-dollar fund to finance mega-vessels for Hyundai

South Korea's Hyundai Merchant Marine will – like the biggest carriers in the sector – order ultra-large vessels, the only question is when. A South Korean billion-dollar fund plays a key role, sources tell ShippingWatch.

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