Last week's top stories on ShippingWatch
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Maersk and the acquisitions
The Maersk Group's coffers are flowing over, and this week Maersk Oil got a slice of the cake:
Maersk Oil buys fields for close to a billion dollars
Maersk Oil CEO: More aquisitions to follow African deal
Tanker continues to boom
The tanker market boosted Norden's results in the third quarter, where Torm and others also delivered solid results:
Norden's tanker division delivers record result
d'Amico International Shipping: Three good years for product tanker
Odfjell's new gas vessels significantly delayed
Concordia Maritime follows suit in tanker surge
But the capital markets were too much for BW Pacific:
Carsten Mortensen: We can grow BW Pacific on our own
Dry bulk slump continued
Not everyone had a good time, and the dry bulk carriers are paying the price for the weak market:
J. Lauritzen lost USD 16 million in the third quarter
Lauritzen CEO: Not worried about the carrier's future
Lauritzen's bottom line overshadows its well-run gas carrier
Norden CEO sees challenges in lower bulk coverage
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Further reading:
Hapag-Lloyd lands EUR 80.9 million operating profit
Finnlines delivered its best quarter ever
China's Cosco takes big dive in third quarter
Related articles
Carsten Mortensen: We can grow BW Pacific on our own
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Odfjell's new gas vessels significantly delayed
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