Europe

An exterior view of a Maersk office building
14 Nov 2018
Skou said synergies following the Hamburg Süd takeover and strong collaboration within its ocean business division is helping improve profitability.
26 Oct 2018
Leading Italian shipping company will rejoin national owners’ body Confitarma more than a year after deciding to leave it as part of a breakaway movement involving several other disgruntled owners.
24 Oct 2018
New deputy minister of shipping has been benefitting from fast-developing maritime academies, organic flag growth, and strong support from both public and private sectors.
Alibaba company logo on the side of a building
24 Oct 2018
“We will see vertical chain organisations through consolidation in the ownership of assets, either with funds, banks, or large pool operators, and we are likely to see some of the large logistics companies – Alibaba, Amazon, and DHL – actually taking over the entire vertical structure,” warned Columbia’s Mark O’Neil.
An FSRU moored at Delimara power plant in Malta
24 Oct 2018
Cyprus is raising its stake in the LNG sector by developing new facilities. Some have criticised the move, citing the benefits of renewable energy
Vehicles on a multi-storey car storage unit
24 Oct 2018
Global trade tariffs – initiated by the United States but followed by retaliatory measures from others – have identified the automotive sector as a prime target.
22 Oct 2018
German co-operative banking group DZ Bank is pressing ahead with the break-up and piecemeal sale of its shipping and transport financier DVB Bank, according to Reuters.
Petrojarl Varg
22 Oct 2018
Singapore’s Sembcorp Marine has secured a contract from Teekay Offshore to work on floating production storage and offloading unit Petrojarl Varg, which is currently laid up.
Detail of US flag alongside UK flag
21 Oct 2018
UK and US maritime sectors seek to strengthen their relationship in preparation for a new free trade agreement.
19 Oct 2018
The European Union (EU) Committee of the House of Lords heard oral evidence from a panel of five expert witnesses representing the UK Chamber of Shipping, Stena Lines, Holyhead Port, the British Ports Association and British Marine. 
19 Oct 2018
Chief executive officer Christophe Mathieu said on 19 October that he was sounding the alarm urgently on the back of “a worrying downward trend” in family bookings with the company for summer next year.