rss icon Subscribe
desktop mobile

Hapag-Lloyd CEO: No Big Shipping Mergers at Moment

Rolf Habben Jansen (Photo: Hapag-Lloyd)

The chief executive of German container shipping liner Hapag-Lloyd said he was not aware of major merger activities in the sector a day after a Reuters report said his company had been approached by French rival CMA CGM.

"We do not see major takeovers in the industry," Rolf Habben Jansen said in a statement issued on the day of the firm's annual general meeting in Hamburg.

"If at all, there are smaller tie-ups by niche players in the short term," he said.


(Reporting by Vera Eckert Editing by Arno Schuetze)

Jul 10, 2018

 

Container Ships

Maersk to Merge Damco, Ocean Product Units

(Photo: Eric Haun)

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product

Yang Ming Launches New Container Vessel, 'YM Wellbeing'

File Photo: Yang Ming Marine Transport Corp.

YM Wellbeing, a new 14,000 TEU full-container vessel built by Imabari Shipbuilding Co., Ltd.

Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap

(Photo: Eric Haun)

Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to

Mergers & Acquisitions

INSIGHTS: John Rynd / President , CEO and Director, Tidewater Inc.

John Rynd / President , CEO and Director, Tidewater Inc.

Mr. John Rynd graduated from Texas A&M University with a Bachelor of Arts degree in Economics.

Odfjell Finalizes Sale of Rotterdam Tank Terminal

(Photo: Odfjell)

Norwegian shipping and tank terminal company Odfjell SE announced on Thursday that it has

Maersk to Merge Damco, Ocean Product Units

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the

Maritime Apps