ShippingWatch

Maersk keeps a close eye on South Korean yard merger

Maersk will carefully monitor the impending merger of the two South Korean shipbuilding majors Hyundai Heavy Industries and DSME. With an expected 21 percent market share, the merger could impact the liner company, which is among its major customers. (updated)

Photo: Maersk

Header and sub-header updated at 10:50 am CET

Regulators are not the only ones keeping a close eye on the merger of Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding and Marine Engineering (DSME).

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk estimated to have war chest in the range of USD 30 billion

The funds will not be used for more vessels, but what then is Maersk planning to spend the estimated USD 30 billion in its war chest on following the announcement that the full-year result in 2021 will be significantly higher than what was expected just a couple of months ago?

BP's sales grow, earnings drop

The oil giant wasn't able to keep pace with 2021's first quarter, though the company remains far ahead of its USD 17.5 billion deficit from the second quarter of 2020.

Further reading

Related articles

Trial banner

Latest news

See all jobs