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Ardmore's CEO does not see a need for consolidation
Unlike several of his competitors, Ardmore Shipping's CEO does not see a need for consolidation in product tanker. The talks are driven by investors trying to exit the sector, he tells ShippingWatch.
More container brands could boost earnings
CMA CGM and Maersk Line pursue a strategy of maintaining independent brands in companies they acquire. This is probably a good idea, says SeaIntel.
Major uncertainty surrounds oil production for the rest of 2018
Without clear signals from OEPC, oil stocks are expected to be extremely volatile when trading opens Monday.
CMA CGM's founder Jacques Saadé has passed away
Jacques Saadé, who founded French liner shipping company CMA CGM, has passed away at an age of 81, informs the company.
Deutsche Bank eyes benefits to Star Bulk's large scrubber investment
Dry bulk shipping company Star Bulk has ordered scrubbers for more than 20 of its ships and is well positioned for the upcoming global sulfur directive says Deutsche Bank. But not all shipping companies have the same advantage.
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