MSC Says in Talks to Buy Stake in Italy’s Ignazio Messina
LONDON, Feb 14 (Reuters) – The world’s no. 2 container line Mediterranean Shipping Company (MSC) is in talks to acquire a stake in smaller Italian
LONDON, Feb 14 (Reuters) – The world’s no. 2 container line Mediterranean Shipping Company (MSC) is in talks to acquire a stake in smaller Italian
By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday
By Gwladys Fouche OSLO, Feb 6 (Reuters) – Tanker firm DHT Holdings unanimously rejected late on Sunday the proposed deal by rival Frontline, controlled
OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by
John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of
SHANGHAI, Jan 20 (Reuters) – Hong Kong-listed shipper Orient Overseas International Ltd said on Friday it had not received any bids for its subsidiary
By Gavin van Marle (The Loadstar) – CMA CGM and China Cosco are the two most likely carriers to buy OOCL, should its main shareholders decide to sell the
MILAN/SEOUL, Dec 27 (Reuters) – Italian shipbuilding and construction group Fincantieri SpA is the only bidder for shipping group STX France, a source
By Jacob Gronholt-Pedersen COPENHAGEN, Dec 13 (Reuters) – The acquisition of German shipping company Hamburg Süd will replace some 60 percent of revenue
By Jacob Gronholt-Pedersen COPENHAGEN, Dec 1 (Reuters) – Maersk Line, the world’s biggest shipping company, is to buy smaller rival Hamburg Süd,
By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to
PARIS, Nov 18 (Reuters) – CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in the third quarter as
By Foo Yun Chee Nov 15 (Reuters) – German container shipping line Hapag-Lloyd is set to secure EU antitrust approval for its merger with United Arab
Italian shipbuilding group Fincantieri has made a conditional offer for the remaining shares of Vard Holdings with a plan to take the company private.
Icelandic shipping company Eimskip has entered into an agreement to aquire Norwegian shipping and logistics company Nor Lines. Eimskip described Nor Lines as a
German shipbuilding group Lürssen has acquired Hamburg-based shipyard Blohm + Voss, the two companies announced Wednesday. Lürssen, which specializes in the
By Christian Wienberg and Kyunghee Park (Bloomberg) — A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new
By Christian Wienberg (Bloomberg) — The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue
By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – Denmark’s A.P. Moller-Maersk , the world’s largest container shipping group, is
ABIDJAN, Sept 20 (Reuters) – CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea’s Hanjin Shipping,
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