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28/08/2015at 14:46

This week's top stories on ShippingWatch

Frontline's entry into the booming tanker market, new uncertainties about China's economy, and the half-year result from Germany's Hapag-Lloyd as well as a long line of LPG-players were just some of this week's top stories on ShippingWatch.
BY OLE ANDERSEN

Optimism in the strong tanker market was fueled further by the sector's biggest player. The market looks good for the next five years, said Frontline CEO Robert Hvide Macleod in an interview with ShippingWatch.

Frontline CEO: Five strong tanker years ahead

Frontline turns a profit and targets more acquisitions

Photo: Maersk
Photo: Maersk

Maersk Tankers CEO Morten Engelstoft. Source: Maersk

Maersk Tankers eyes strong market throughout 2015

 

Uncertainties surrounding future growth in China's economy made shares on the global exchanges plummet, and this development also hit numerous already-struggling shipping shares.

Shipping shares tumbled in global market turbulence

Rio Tinto will boost iron ore exports to China

 

German container carrier delivered a better result than seen in a long time in an industry where the future looks more than bleak.

Hapag-Lloyd: Big dive in demand sent rates plummeting

Hapag-Lloyd maintains profit in first half of 2015

Wave of mega-ships strains container carriers ahead of 2018

Profits dive at China's merger-ready CSCL

SeaIntel: Mega-ships set to hit Asia-Australia

 

The week also brought interim reports from a long line of leading tanker players enjoying the historically good market.

BW LPG in big growth and high expectations for 2016 

Avance Gas almost doubled its bottom line

Team Tankers maintained momentum in Q2 

Related articles:

  • Photo: DHT

    Frontline CEO: Five strong tanker years ahead

    For subscribers

  • Hapag-Lloyd: Big dive in demand sent rates plummeting

    For subscribers

  • Photo: Hanjin

    SeaIntel: Mega-ships set to hit Asia-Australia

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Carriers

Car carriers have rarely seen such profits: "We are probably at an all-time high"

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Foto: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

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Foto: Ints Kalnins/Reuters/Ritzau Scanpix/REUTERS / X02120
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Fredriksen now owns nearly as many Euronav shares as the Saverys family

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”Blue Water wants to grow – but it will be with a focus on profitable growth, and we will hold on to our strong values, unique customer focus and high level of satisfaction among both customers and personnel,” states Kurt Skov, founder and departing chair at Blue Water Shipping. | Foto: Carsten Andreasen/Ritzau Scanpix
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Blue Water founder promises future "focus on profitable growth"

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Photo: Tatiana Meel/Reuters/Ritzau Scanpix
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EU considers capping Russian fuel prices at USD 100 a barrel

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Foto: Statoil/AP/Ritzau Scanpix
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Further reading

”To understand the reasoning behind our decision, it’s important to understand how our current strategy is very different compared to 2015. We now have an integrator strategy,” says Johan Sigsgaard, Chief Product Officer - Ocean at Maersk. | Foto: Maersk
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Foto: Markus Scholz/AP/Ritzau Scanpix
Container

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Hamburg Süd will lose its company name and gradually be integrated into the Maersk brand. A number of other subsidiaries face rebranding as well.

For subscribers

Chief execs of Maersk and MSC, Vincent Clerc and Søren Toft, acknowledges that much have changed for the carriers since launching the 2M alliance. For that reason, the partnership is now ended. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix
Container

End of 2M alliance could trigger a domino effect

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