Maersk chief warns over lossmaking rivals

Parlous state of container shipping concerns Søren Skou

ICAP moots tie-up with Howe Robinson

Shipbroking business is reshaping amid excess freight capacity

Barge builder ACL eyes $1bn sale or IPO

Platinum Equity-owned group discussing options with BofA and RBC

Maersk warns of slowing global trade

Danish group says demand slips in the third quarter

Vale opens $1.4bn Malaysia port

Terminal set to cut cost of selling iron ore to China

OW bunker ship bunkering in Singapore
©OW Bunker

OW Bunker on the brink after fraud claims

Danish fuel group fears ‘equity is lost’ 7 months after float

Back-up shipping navigation aid goes live

System counters threat of failures in satellite networks

Carnival links with Chinese shipbuilder

Joint venture to design and build China’s first cruise vessels

Maersk to buy new container ships

Plan to spend $3bn per year on new ships, vessel upgrades

Samsung pushes ahead on restructuring

Engineering unit to merge into shipbuilding

Commerzbank sells shipping loan portfolio

Bad bank assets shed with sale to private equity-backed venture

NOL weighs sale of logistics arm

Singaporean container shipping group grapples with overcapacity

Maersk: containment strategy

Shipping group reports messy results but management has important new ideas

Maersk targets $1bn share buyback

UPS cuts forecast as it boosts spending

Effort to avoid repeat of Christmas delays

Shipping tycoon’s aide steps down

Tor Olav Trøim’s partnership with John Fredriksen set to end

US port strike fears hit supply chains

Shippers anticipating stoppage divert cargo to Canada

Week in Review, July 12

Samsung takes some knocks; Maersk, HSBC and insider trading case also in the news

Maersk forms new alliance with MSC

Move follows collapse of planned alliance of three freight lines

Djibouti pulls DP World terminal contract

Corruption allegations over concession


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