BW LPG has been trying for months to buy competitor Dorian. But even a higher second offer was met with nothing but silence. "We're sitting here hoping for a response," BW LPG Chief Executive Martin Ackerman tells ShippingWatch.
The tanker market has adjusted more rapidly than expected. Maersk Broker therefore wishes to expand business within tanker, requiring a strengthening of the organization, say top executives in an interview with ShippingWatch.
SDK Freja, owned by Torben Østergaard-Nielsen’s USTC group, plans to buy up companies in shipping and logistics to achieve its growth target of a revenue post at DKK 8-10bn. Acquisition prices have shown a declining trend, CEO tells ShippingWatch.