Last week's top stories on ShippingWatch
![Photo: Ocean Network Express](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article10067506.ece/ALTERNATES/schema-16_9/one-skib.jpg)
This week saw the final approvals tick in for Maersk which can now complete its acquisition of Hamburg Süd.
Maersk Line will close acquisition of Hamburg Süd this week
Meanwhile, the Danish carrier was not as fortunate in volumes, as China's Cosco overtook Maersk Line in the third quarter whereas reliability rose.
Maersk Line's schedule reliability improved in October
Maersk Line and MSC pull reliability in opposite directions
Declining container rates pressure Maersk's business plan
During an official visit to Singapore, Danish Prime Minister Lars Løkke Rasmussen addressed the maritime sector. The shipping industry needs to deliver under the framework conditions that the government has provided, he said.
Danish prime minister heads to Singapore with maritime agenda
Also in Singapore, CEO Jeremy Nixon gets ready for the launch of the new, major Japanese container partnership Ocean Network Express. The carrier must find its place among the giants, he tells ShippingWatch in an interview.
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Jeremy Nixon: ONE must find its place among the mega-carriers
Shipping organization ICS has set a concrete target and a new year as a deadline for its CO2 plan. The members must submit their stance on the proposal, which is inspired by a Japanese proposal and suggests 2060 as the new deadline.
ICS working toward 2060 as shipping's climate deadline
A new EU proposal for a screening mechanism of strategic acquisitions in maritime companies in Europe seems to be directed at particularly China's acquisition activity.
EU proposal to weed out unwanted Chinese acquisitions
Make sure to read:
Euronav: Oil peak cuts the edge of tankers' lifespan
Next generation to take over CMA CGM chairmanship after Q3
Danish Ship Finance: What shipping will look like from 2018 and on
Shell accused of complicity in murder and terror
I.M Skaugen prepares new claim against MAN in fraud case
English Edit: Gretchen Deverell Pedersen
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