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Consolidation

Container shipping’s consolidation is ‘creating an oligopoly’

Increasing liner concentration means an end to era of low freight rates and deep repercussions for entire industry, says Drewry

Containers Consolidation International

Across the maritime sector, from containers to tankers, from ship owning to ship management, market forces continue to incentivise mergers and acquisitions. Some pursue market share, others seek the scale and market capitalisation to attract long term investors, all are contributing to a changing industry. Lloyd’s List has the latest insights on the impact of consolidation on the wider industry and keeps a weather eye out for the answer to the all-important question: Who is next?

 

 

K Line's best-laid plans: A price in yen

Why K Line disposed of heavylifter SAL, and where it leaves the company's medium-term plans
Asia Pacific Japan K Line

Korea's 14 container shipping lines to form national partnership

Korea Shipping Partnership aims to start full operations by 2018
Asia Pacific South Korea HMM
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Set Alert for Lloyd's List Hot Topics :: Consolidation

Ernst Russ moves in for kill on Marenave

Aggressive move will complicate restructuring plans at liquidated KG house

Europe Germany

Rickmers Maritime completes fleet sale to Navios

Remaining nine vessels of the fleet of 14 sold for total of $59m

Asia Pacific Singapore

Driller thriller: Transocean swallows Songa Offshore for $3.4bn

Combined company will have a contracted backlog of $14.3bn, by far the largest in the world
Offshore Consolidation

Jeremy Nixon warns of risks to container shipping's fragile recovery

New chief executive  of Ocean Network Express says industry still vulnerable to boom and bust cycles despite unprecedented consolidation
Asia Pacific Singapore

Vale offloads two valemaxes to Bocomm and closes in on two more

Shandong Shipping expected to lease ships as Brazilian mining giant offloads vessels to boost its balance sheet and focus on mining operations

South America Brazil

Dalian box terminals to merge operations

Single entity to be responsible for the businesses of Dalian Port Container Terminal and Dalian International Container Terminal.
Asia Pacific China

Samskip remains on the acquisition trail

Nor Lines coup ticks all the boxes, but logistics firm’s chief does not rule out new acquisitions

Europe Norway

Cosco Shipping answers Shanghai Stock Exchange on OOIL acquisition

Antitrust uncertainties remain; no need for OOIL creditor clearance; synergy valuation reasonable and maintenance of OOIL listing status feasible

Asia Pacific Containers

K Line sells heavylift business to Harren & Partner

Family-owned German owner to buy SAL Heavy Lift 
Europe Germany
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