As we get ready to turn the page of yet another year, it’s always a good idea to look at the events of the past. With the major milestones and benchmarks of 2017 setting the path and pace for the year to come, we can look at what happened in the container shipping industry to get a better idea of what’s to come. We have split this 2017 in three parts for easier consumption.
News ID: 78028 Publish Date : 2018/01/08
Euronav is taking over Gener8 Maritime in an all stock merger creating a new giant in the large tanker sector.
News ID: 77834 Publish Date : 2017/12/23
Maersk:
Danish shipping major Maersk Line will reflag Hamburg Süd-owned vessels to Denmark and Singapore, Maersk spokesperson said.
News ID: 77562 Publish Date : 2017/12/07
Maersk Line has closed its acquisition of Hamburg Süd one year after it announced it planned to buy the privately owned German container line for EUR3.7bn.
News ID: 77529 Publish Date : 2017/12/03
Following its takeover of UASC German container line Hapag-Lloyd is putting newbuilding orders on hold for the next few years.
News ID: 77303 Publish Date : 2017/11/18
The global container shipping segment is unlikely to see more major merger and acquisition (M&A) deals following the latest takeover of Orient Overseas (International) Limited (OOIL) by Cosco Shipping, according to AlixPartners.
News ID: 74990 Publish Date : 2017/07/17
Easy logic suggests there should be fewer, larger shipowners, but the industry’s deep roots make it resistant to rapid change
News ID: 74735 Publish Date : 2017/07/03
The big three Japanese lines will engage with the Competition Commission of South Africa to review the authority’s recent rejection of their planned container lines business merger . But say work on the merger will proceed in the meantime.
News ID: 74647 Publish Date : 2017/06/25
The completion of the merger between Germany’s container carrier Hapag-Lloyd with UAE-based counterpart UASC will result in cutting of up to 12 percent of its almost 11,000 land-based workforce, the company’s spokesperson confirmed to World Maritime News.
News ID: 74311 Publish Date : 2017/06/05
The new joint venture container shipping entity of Japan’s big three carriers will operate under the tradename Ocean Network Express with its holding company based in Japan and an operating company incorporated in Singapore.
News ID: 74301 Publish Date : 2017/06/07
THE movement towards consolidation in the container sector is not yet over and will have a dramatic effect on smaller operators and terminals, according to SeaIntelligence chief executive Lars Jensen.
News ID: 74184 Publish Date : 2017/05/29
HAPAG-Lloyd’s long-awaited merger with United Arab Shipping Co is understood to have been signed off and will be officially announced next week, ahead of the German carrier’s annual general meeting on May 29.
News ID: 74002 Publish Date : 2017/05/21
According to MANA, Mitsubishi Heavy Industries has signed alliance agreements with compatriot shipbuilders Imabari Shipbuilding and Namura Shipbuilding.
News ID: 73188 Publish Date : 2017/04/03
As merger mania continues to grip container shipping Taiwan’s Yang Ming Marine Transport Corp has ruled out that it will merge with another line.
News ID: 71732 Publish Date : 2017/01/20
Taiwan’s ministry of transportation and communications has mooted the possibility of merging container carrier Yang Ming Marine Transport Corp and Taiwan International Ports Corp (TIPC), as part of reform measures aimed at helping the weak maritime sector, reports said.
News ID: 70712 Publish Date : 2016/12/06
The European Commission on Wednesday said it has given its conditional approval to a merger between German container shipping line Hapag-Lloyd (HLAG.DE) and the United Arab Shipping Company (UASC).
News ID: 70528 Publish Date : 2016/11/25
News ID: 70148 Publish Date : 2016/11/08
Last week’s merger agreement between German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) was made amid ‘significant financial challenges’ that both companies are facing.
News ID: 67770 Publish Date : 2016/07/25