DSV CFO: Seafreight will be a fierce bargaining market in 2016

Discipline in the market for seafreight in 2015 resembled that of an old-fashioned bargaining market, and 2016 does not let set to be any different, DSV CFO Jens Lund tells ShippingWatch.

BY JOHANNES HARTKOPF-MIKKELSEN

The massive overcapacity among container carriers has resulted in market conditions resembling those typically noted among bargain hunters at old-fashioned county fair marketplaces, says Jens Lund, CFO at DSV, after a year in which the logistics group's seafreight division has been struggling with sliding activity on the Asia-Europe tradelane.

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DSV CFO: Seafreight will be a fierce bargaining market in 2016

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Air & Sea boosts DSV's result for 2015

DSV kicks off in-depth UTI integration process

DSV completes UTI Worldwide acquisition

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Front page now

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

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Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

Further reading

Carriers go their separate ways on climate quotas

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs