DSV-Schenker goes lone wolf – the pack hunts for bolt-ons
Shake the agents, too, looking for growth
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
Decent little scoop from our friends at Splash247 on the transfer of ownership of one of Asia’s largest feedership operators: Singapore-based Bengal Tiger Line. According to this report, the company’s previous owner – Germany’s Schoeller Group – has sold the line to “an unidentified group of European investors”, part of a growing trend of the ownership of shortsea and feeder lines moving from traditional shipping firms to managed funds.
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