Last week's top stories on ShippingWatch
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ShippingWatch learned this week that the European Commission has asked for a series of changes to the Danish proposal for state subsidies for carriers and maritime companies, based on recommendations from September 2012 by the first growth team appointed by the Danish government.
As such, Denmark and several other countries are currently having their state subsidies to carriers and maritime businesses scrutinized.
EU preparing restrictions on maritime subsidies
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Fredriksen continues his efforts to take over DHT Holdings
John Fredriksen and Frontline would become the by-far biggest player in the VLCC market if the carrier is able to take over DHT Holdings, though the latter has repeatedly rejected the takeover attempts.
Fredriksen continues his crusade to become top supertanker player
Fredriksen makes new attempt to buy DHT
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Major shipping conference in Singapore
The Singapore Maritime Week shipping conference, held every other year, took place this week, and one of the event's focus points concerned attracting more investors to the key maritime hub as well as the effects of the US shale boom which is currently putting pressure on the sector. And industry players such as Hafnia Tankers and Teekay Corporation debated against family-owned carriers.
"The era of privately owned carriers is coming to an end"
US shale boom puts pressure on the entire industry
Top analyst shoots down container carrier optimism
Kuehne+Nagel CEO: Container industry has a problem
Singapore wants more investors to enter the field
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Maersk Line in strong in strong start to 2017...
2017 is off to a good start so far, Maersk Line's Head of Asia and the Pacific, Robbert van Trooijen, tells ShippingWatch.
Maersk Line: 2017 off to a good start
Maersk in large digitalization venture with Microsoft
and the carrier will pay EUR 3.7 billion for Hamburg Süd
The boards of directors at Maersk Line and Hamburg Süd have now approved the transaction, which is expected to be completed in late 2017.
Maersk Line to pay EUR 3.7 bln for Hamburg Süd
Don't forget to read up on equity fund Altor, Norwegian billion dollar potential, maritime capitals, first quarter interim reports, and more:
Danish tax authority: OW Bunker abused tax legislation
Norway eyes giant oil discovery in the Barents Sea
Singapore cements its position as leading maritime hub
Semco Maritime delivers new large deficit
Subsea 7 eyes improved supply in offshore market
Belgium's Exmar calls off purchase of Dutch gas fleet
English Edit: Daniel Logan Berg-Munch
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EU preparing restrictions on maritime subsidies
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Maersk Line: 2017 off to a good start
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