Marine News

1. APM Terminals takes over – but the battle for key Panama ports has only just begun

   The tender round will be decisive for Maersk’s future opportunities in the important trade corridor, where fierce competition with MSC and other global operators is expected.

2. Sagitta Marine expands dry bulk coverage in Oslo

   Tor Erik Andersen joins the Panama-based shipbroker, and will thus leave SSY after just six months.

3. Investments in dual-fuel containerships and car carriers hit USD 150bn

   There are now 400 dual-fuel container ships and car carriers on the water, reports World Shipping Council.e

4. Maersk receives first ship in new series from Chinese shipyard

   Tangier Mærsk will sail on the TP15 route. The ship connects East Asia with the US Gulf Coast.

5. Pareto Securities doubts offshore wind has future in the US

   The analyst firm thus only expects potential work for offshore vessels doing maintenance on installations in US waters.

6. Authorities call off search for missing seafarers after shipwreck

   The Devon Bay was transporting nickel ore from the Philippines to China when the ship sent out a distress call. A large-scale rescue operation was launched.

7. Oil prices slide on "serious" US-Iran talks

   Dialogue between parties reduces traders’ confidence in a possible attack, writes Reuters, citing more stability in the region and thus downward price pressure.

8. DHL exec reminds herself to "slow down" after 30 years in logistics

   DHL has been a constant factor in the career of Amanda Jones Rasmussen, who has also worked for Maersk. 

9. New Zeronorth boss takes over after five years of acquisitions and growing losses

   The replacement of Søren Meyer as CEO comes at a time when the company is reporting its first positive operating result.

10. Bruton exercises option for two more supertankers

    The company which currently has no vessels in the water, will receive its first VLCC supertankers in July 2026.

11. Former Maersk UK head joins digital freight forwarder

    Gary Jeffreys has been hired in a senior role to take the company into the next phase of growth.

12. American gas shipping company warns of unrealistic earnings estimates

    Dorian LPG warns of excessive earnings estimates. Market conditions in November and weather delays have had a negative impact on rates.

13. APM Terminals set to take over operation of key Panama ports

    The Maersk unit could get a strategic edge at the Panama Canal. The temporary operation may be a valuable positioning for future concessions.

14. CMA CGM looking to accelerate port growth with new billion-dollar venture

    According to the French container line, the partnership with Stonepeak reflects a commitment to invest up to USD 20bn in the US over the coming years.

15. Maersk unlikely to achieve logistics targets despite help from disruptions

    With the prospect of a more normal market, it may become even more difficult for Maersk to achieve its key profit margin target, according to analyst.