Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
Fascinating insight into the motivation behind Hutchison’s purchase last week of DP World’s Hong Kong container terminal assets. The world’s largest port operator built a mighty business over several decades through developing container handling facilities in markets where often there were none before, so why invest in a port that shows every indication of being in long-term, if gradual, decline? The answer may well have less to do with freight and shipping, and much more to do with the residual property values of the locations it has acquired.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
FAK rate hikes holding, with strong demand into peak season predicted
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article
Michael Kusuplos
March 14, 2013 at 10:29 pmSo here is the answer – Waterfront Property