Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Consolidation

From containers to tankers, from ship owning to ship management, market forces continue to incentivise mergers and acquisitions

HSH Nordbank confirms feedership loan sale

Bank sells JR Shipping debts to UK-based fund ahead of privatisation

Europe Germany Containers

Set Alert for Lloyd's List Hot Topics :: Consolidation

Japanese shipbuilding tie-up postponed by regulatory hurdles

Deal involves Imabari acquiring a stake in JMU and then the two firms establishing a joint venture named Nihon Shipyard to co-develop and sell vessels — except liquefied natural gas carriers. Asian shipyards have been consolidating recently as competition gets tougher amid the industry downturn

Asia Pacific Containers

CMA CGM set to buy 30% stake in Dubreuil Group Aero

The acquisition of the stake in the French private airline group will enable CMA CGM’s expansion in the airfreight space

CMA CGM Containers

YC Chang, shipowner and PIL founder, dies at 102

Will the second generation successor of Mr Changs empire bring the shipping business through the maelstrom ahead and beyond? SS Teo, who only recently took over as chairman, faces balancing the financial needs of the company with the loss of family control

Singapore Containers

KPI OceanConnect merger focuses on bunker partnerships

Chief executive officer Søren Høll believes shipowners are seeking closer partnerships with their bunker suppliers as the short-term and long-term challenges become confused. The new venture seeks create more value

Denmark United Kingdom

PSA signs Singapore terminal deal with HMM

PSA will have the majority stake but no investment, operational or capacity details were revealed and the deal is subject to regulatory approvals. Besides volume and terminal capacity assurance, the two parties will also collaborate in operational technology developments and innovations

Singapore Containers

Brand power wanes in era of container shipping super-groups

When container shipping was highly fragmented, establishing a loyal customer base through a quality container line with a recognisable brand made sense, but these days economies of scale are paramount, and that invariably means folding smaller, regional subsidiaries into one into one big carrier with global reach

Denmark South Africa

Maersk axes Safmarine and Damco amid reorganisation

Safmarine will cease to operate by the end of 2020. Elsewhere, Damco’s Air and LCL products will be combined with Maersk’s logistics and services products. Job losses are inevitable as the world’s largest container line takes the next steps in its transformation but numbers have not been disclosed

Europe Denmark

Bold move to exit Asia-Europe trades may have secured Zim’s future

Zim appears to have carved out a clear position in the container shipping industry, allowing it to look ahead with confidence and consider how to repay shareholders that remained steadfast during periods of market turbulence, near bankruptcy and ownership uncertainties

Middle East and Africa Israel

Merger of HHI-DSME receives Singapore approval

The competition authority said there were sufficient viable alternative suppliers to both companies, particularly for VLCCs and liquefied natural carriers, but there are still many hurdles for the union

Singapore South Korea
See All
UsernamePublicRestriction

Register