ShippingWatch

Hafnia Tankers investor buys stake in Maersk

Hafnia Tankers is not the only target for business man Jan Bech Andersen and his shipping investments. Last week, he expanded his private portfolio in Maersk, which he calls a "no brainer" at the current share price.

Photo: POLFOTO/Lars Poulsen

The plunge in the oil price, the overcapacity in the container sector, and the uncertainty of whether Maersk will be awarded the right to continue the significant production in Qatar - these have all been factors in 2015, putting such pressure on the conglomerate, that the stock value has been practically cut in half since measured at the top in March.

These unfamiliar factors do not seem to worry the major investor Jan Bech Andersen however. Last week, he expanded his private portfolio of Maersk shares, which he assesses as a "big upside".

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

Further reading

Related articles

Latest news

See all jobs