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From containers to tankers, from ship owning to ship management, market forces continue to incentivise mergers and acquisitions
Bank sells JR Shipping debts to UK-based fund ahead of privatisation
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Unifeeder steps out of European base for Singapore acquisition
Competition regulators are concerned as to whether alternative suppliers will be sufficiently strong to compete as competitors to the proposed merged behemoth
‘Ince had not enjoyed terrific success in the three years before Gordon Dadds arrived. I would say the most difficult bit is managing the legacy,’ says chief executive Adrian Biles
Levesque joined the group in 2010 as chief commercial officer before taking on the role of group managing director in 2016
Discussions are underway on a joint business, involving the ownership and management of LNG carriers as exclusive partners
CMA CGM has made several eye-catching acquisitions in the shortsea field in recent years, including Containerships and Mercosul Line
Meanwhile, compatriot offshore player Dayang saw vessel utilisation at its OSV unit Perdana Petroleum hit 91% up from 79% in the second quarter of 2019 because of expanded scope of work and synergies with its parent
The 23,656 teu Gülsün class vessel set a new record for the port as the first containership with a capacity of more than 23,000 teu to call
Shipbuilding subsidiary Nam Cheong Dockyard intends to redevelop existing facilities on government land into modern integrated marine engineering and construction resources to buttress the growth of oil and gas industries in Labuan, Sabah, Sarawak and Brunei
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