Marine News

1. MSC clocks in as the world's number one port owner – surpassing Maersk again

   BlackRock and MSC Group have agreed to acquire Hutchison’s ports, a deal which Drewry says can hugely benefit MSC’s container business. 

2. DHL boss wants to catch up with DSV in the long run

   The logistics major’s chief exec says that streamlining will give DHL a more well-oiled business. And DSV should expect the Germans to ”catch up in the long run”.

3. Torm boss on Red Sea prospects: "I don’t think we’re any closer"

   Torm has lost cargoes to crude oil tankers sailing south of Africa. The company’s chief exec estimates that reopening the Red Sea will not be costly.

4. 115 containers from SM Line ship lost or damaged in storm

   The ship SM Portland was on its way to Vancouver when strong winds started to cause major problems.

5. Torm downgrades 2025 outlook after weak end of the year

   In 2024, the tanker operator took a dive on the bottom line due to tough competition from crude oil tankers, among other factors. Torm predicts a weaker 2024. 

6. Lauritzen Bulkers buys Canadian breakbulk player

   With the acquisition, the bulk operator takes on breakbulk. The announcement of the acquisition comes just days after Martin Egvang resigned as CEO of the carrier.

7. Dee4 Capital appoints finance profile as new chair of shipping fund

   A former executive director at Finance Denmark and current board member of several financial companies will be the new chairman of Dee4 Capital Partners.

8. Oil trims losses as traders weigh demand impact from tariffs

   Oil edged higher from the lowest close in six months as the market grappled with an uncertain demand outlook following President Donald Trump’s sweeping tariffs on major US trading partners.

9. Chief exec says Svitzer could benefit from Trump's trade war

   Higher US tariffs could shift the flow of goods to markets in South America where Svitzer operates, says the towage operator’s chief executive.

10. Investors describe Fredriksen’s Golden Ocean sale as unfair

    Bermuda rules do not require a tender offer for remaining shares. As Fredriksen bagged profits from the sale of his Golden Ocean stake, shareholders are not taking this lightly.

11. Bunker One strengthens its US foothold with new acquisition

    The Bunker Holding-owned company has acquired Element Alpha’s storage facility in New York.

12. XO Shipping has faith in Chinese demand despite onset of trade war

    Beijing said on Wednesday that China will maintain its 5% growth target for 2025. This could be good news for dry bulk carriers, notes XO Shipping boss.

13. Maersk and Hapag-Lloyd's alliance is off to a strong – and reliable – start

    Judging by the first month, the Gemini Cooperation is on track for on-time delivery. But a lot of work lies ahead to meet the 90% reliability pledge.

14. Trump opens office to kickstart ailing US shipbuilding

    Taxes on Chinese ships calling at US ports will help finance a recovery of the US shipbuilding industry.

15. ONE triples market share and capacity in key market

    The Japanese-owned container line has invested big-time in capacity in the intra-European container market, new figures show.