Search results for: consolidation

4040 results

A list of search results

  • 31 March 2014

    Consolidation in the container shipping segment via alliances or mergers is likely to accelerate due to persistent overcapacity and freight rates pressure, Fitch Ratings said. Recent developments, including the proposed merger of Hapag-Lloyd and CSAV, US regulatory approval of the P3 Network, and the expansion of the CKYH alliance to include Evergreen will all add […]

  • 26 January 2018
    Business & Finance

    There are opposite opinions when it comes to consolidation in the dry bulk shipping industry.

  • 7 September 2018
    Business & Finance

    Reuters: CMA CGM plans to continue to look for acquisition opportunities.

  • 20 July 2018

    Drewry: The consolidation between top tier carriers is unlikely due to competition laws.

  • 3 January 2018
    Business & Finance

    Top 10 carriers’ combined capacity share reached a record high of 77%, according to Alphaliner.

  • 2 October 2017
    Business & Finance

    Reefer rates are set to skyrocket, as the increasing pressures from carrier consolidation collide with acute shortages of reefer containers, according to shipping consultancy Drewry. With half of the planned M&A activity among container carriers still to come into effect, and the typical reefer season cooling down after its peak in Q4 and Q1, Drewry’s […]

  • 19 June 2020
    Business & Finance, Market outlooks

    Product tanker owner and operator Hafnia, a member of the BW Group, will soon enter a new product tanker segment with industry peers, established under the name of Hafnia Specialized, the company revealed. This business will handle tonnage below 25,000-dwt, Hafnia said, adding that more precise information will follow in the weeks to come. The consolidation move […]

  • 22 November 2018
    Business & Finance

    The consolidation drive has hit its peak and it is now time to focus on the customers.

  • 5 October 2017
    Business & Finance

    Copenhagen-based shipping company Clipper Group revealed plans to consolidate its bulk activities into three hubs. “Clipper will simplify its operational and administrative set-up in its strongest field of business, bulk… We will concentrate our bulk business in three locations: Copenhagen, Houston and Hong Kong,” the company said in a statement. Consequently, Clipper will close its […]

  • 28 June 2007

    As part of its wish to consolidate and expand its activities in the chemical tanker sector, Nordic Tankers has adjusted the ownership of the three ships currently co-owned with Eitzen Chemical. The adjustment means that Nordic Tankers will acquire ownership holdings in the vessels Sichem Copenhagen and Sichem Oslo, and will sell its interest in […]

  • 24 March 2006

    Yesterday’s announcement from BAE Systems and VT Group that they have held talks about a potential joint bid for Babcock International suggests that the UK is on the way to getting a single source for its surface ship and submarine requirements.

  • 13 April 2018
    Business & Finance

    SeaIntel Maritime Analysis: Volatility levels continued rising driven by an increase in container shipping consolidation.

  • 26 February 2018
    Business & Finance

    The consolidation drive in the container shipping sector through mergers and acquisitions to slow down in 2018.

  • 26 October 2017

    Increased consolidation among carriers driven by a continued oversupply of vessels could bring some order to the market, however, the recent mergers and mega alliances may lead to oligopolistic structures, UNCTAD warned in its latest report on maritime transport. “A slower demand than earlier projected, coupled with a large influx of vessels, has led to a […]

  • 3 October 2018
    Business & Finance

    Consolidated Ship Repair has hired Brent Sappington as marine manager. Sappington will oversee the execution of a diverse range of projects from ship repair and fabrication, to decommissioning and systems integration testing, to subsea and offshore construction. “I made this move because of the opportunities the partnership creates for myself and CSR,” said Sappington. “I […]

  • 28 February 2018
    Business & Finance

    Team Tankers inks deal to acquire all outstanding shares in Laurin Shipping and Anglo-Atlantic Steamship Company.

  • 7 December 2016
    Business & Finance, Operations & Maintenance, Research & Development

    French naval defense and energy specialist DCNS plans to create a subsidiary dedicated to marine renewable energies.

  • 14 December 2017
    Business & Finance

    Consolidation will continue apace in the container shipping industry into 2018, Moody’s said.

  • 13 April 2016
    Business & Finance, Equipment, Technology

    A new technology that may improve dike strength faster and more economically is being tested in Bleskensgraaf this month. The technology is known as vacuum consolidation and it involves creating a vacuum below the surface by pumping out water, making the subsurface stronger. Deltares will provide technical guidance and conduct the analysis. On Monday, 11 April, […]

  • 17 September 2015
    Business & Finance

    Wind Minds has signed a memorandum of understanding (MoU) with Korea’s submarine solutions firm Haechun to cooperate on offshore wind projects with a focus on Asia and Europe. It has been agreed that Wind Minds will partner with Haechun to investigate cooperation opportunities in the field of offshore wind farm development, installation, and operation and […]

  • 27 February 2019

    Belgium offshore energy and dredging contractor DEME has merged its subsidiaries GeoSea, Tideway, A2Sea, and EverSea into one single entity – DEME Offshore.

  • 1 March 2016
    Business & Finance

    Consolidation in the container shipping industry is happening for the first time in a decade and will likely continue in 2016, according to a new report from AlixPartners advisory firm. The containerized-ocean-freight industry suffered considerably in 2015 amid continuing financial woes and all signs point to a continuation of this trend into 2016 and beyond. The […]