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Samskip looking for new acquisitions after top-line growth in 2017

The Icelandic logistics company, headquartered in the Netherlands, is not done buying up after completing several acquisitions in Norway and elsewhere. Help from consultants has given the company a "clear strategy and direction" for the years to come, CEO for Samskip Logistics Ásbjörn Gíslason tells ShippingWatch.

Photo: PR-foto/Samskip

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Maersk Line installed a "sleeping partner" in Tunisia

Maersk Line has had a "sleeping partner" in Tunisia, although authorities require foreign companies to partner with domestic players in an active, local co-ownership. Now, Maersk Line has had to establish a new joint venture taking over the role of Maersk Tunisie.

Meldgaard: Crude tankers cannibalizing product market

The downturn for crude oil tankers, where rates are extraordinarily low, has become a major problem for the product tanker operators. Torm Executive Director Jacob Meldgaard expects that the pressure from the supertankers could continue for a while yet, he tells ShippingWatch.

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