"This is a paradigm shift"
Carriers are fully engaged in raising investments in logistics, where many of their largest customers already operate. "This is quite a change," says DSV CEO Jens Bjørn Andersen in an interview with ShippingWatch in connection with the company's annual financial statement. The CEO also talked about DSV's efforts to buy rival Panalpina.
Maersk's Alang partner should prepare itself
Shipyard Shree Ram, where Maersk has sent most ships for scrapping in Alang, does not comply with the EU's standards. The yard should still prepare itself if it wants to make it onto the EU's shipbreaking list, the EU Commission told ShippingWatch this week. Maersk maintains that it is engaged.
DFDS upgrades 2019 guidance
The acquisition of UN RoRo is one of the main factors behind Danish carrier and logistics group DFDS's upgraded expectations for this year despite the two looming storm clouds, Brexit and the global economic slowdown. However, five areas will ensure that DFDS can deliver growth, irrespective of what ends up happening, CEO Niels Smedegaard told ShippingWatch.
Maersk Drilling presents initial figures
Maersk Container Industry, J. Lauritzens preparations for 2020 sulfur regulations, OOCL's expectations for a desperate fight for survival among the largest carriers.