Maersk Tankers defends sale of VLGCs

Immediately prior to a historic recovery of the market, Maersk Tankers decided to sell its gigantic gas tankers. Maersk was given a favorable price, the company’s CEO stresses.

BY RITZAU FINANS

Shortly before a historic recovery of the market, Maersk chose to sell its huge gas tankers. The company might regret that decision today, as it is set to miss out on a veritable shipping boom that could have earned it about USD 90 million, the Danish business daily Børsen writes.

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Maersk Tankers defends sale of VLGCs

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Platou: VLGC rates set to drop

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Platou: VLGC rates hit ten-year high

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs