Copenhagen was the center of the Danish Maritime Days 2015 this week and thus also host to a huge gathering of shipping industry CEOs, stakeholders, politicians and overall decision-makers. And DSV finally followed through on its awaited US acquisition.
The key event, Danish Maritime Forum, featured the participation of more than 200 senior executives and took place on Wednesday and Thursday. The event was covered in depth by ShippingWatch, including video interviews with key participants.
DSV acquired US-based logistics group UTi Worldwide
Danish logistics and transport group DSV announced its acquisition of UTi Worldwide for USD 1.35 billion. Economies of scale will make the US-based company profitable again, says DSV CEO Jens Bjørn Andersen.
The price difference on LNG and heavy fuel is historically high, adding pressure on carriers which have banked on LNG as a marine fuel, says analyst. CMA CGM and Hapag-Lloyd have chosen two different approaches with their dual-fuel fleets.
A large number of the world’s container vessels will be forced to sail slower once the IMO’s CO2 rules come into force next year, DB Schenker executive predicts. The rules will ”result in a big redesign of all our schedules.”
Ammonia, which can be environmentally damaging if handled incorrectly, has a very big potential as a future fuel for shipping. An order book will be seen in the market from 2028, forecasts research center.