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This week's top stories on ShippingWatch

The past week was characterized by interim reports from Maersk and DFDS, and the latter also received some good news in the ongoing Battle on the Channel, while American Supreme could be about to radically transform the supply market. Read about this and other big stories here.

Maersk Line is the driving force

The Maersk Group presented its 1st quarter interim report this week, which showed improvements virtually across the board:

Nils Smedegaard: Most things point in the right direction

Maersk Line expects improved 2014 result

P3 alliance launch postponed to the fall

 

Following publication of the interim report on Wednesday, Maersk Oil announced a massive North Sea investment on the British continental shelf:

Maersk Oil in USD 5 billion North Sea investment

Maersk and BP will soon unveil new super-rig

 

EMS Seven Seas headed for a sale:

Norwegian supply company EMS Seven Seas announced in relation to its interim report that American logistics group Supreme is looking to acquire the company:

Supreme Group to acquire EMS Seven Seas

Supreme looking at EMS Seven Seas' crown jewel

 

DFDS result and Channel decision

DFDS presented its 1st quarter interim report on Friday, in the same week in which the UK Competition and Markets Authority announced a provisional decision in the Battle on the Channel:

DFDS in USD 20.11 million 1Q deficit before taxes

Competition Authority confirms MyFerryLink ban

Eurotunnel: We want to see the final decision

 

Further reading:

Jens Grønning: Our expansion plan remains intact

Growing interest for bonds in shipping

J. Lauritzen: Bulk better in 2nd part of the year

Deutsche Bank: China's shipping loans could trigger next crisis 

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