M&A down under – eyes open for bargain basement deals
Bread and butter on the menu
I have seldom bumped into towage-related posts, comments and speculation as much as I have done in the past 12 weeks or so.
It makes this usually neglected space almost exciting.
And yesterday’s timely coverage by ShippingWatch suggests Danish carrier Mærsk is preparing for the “possible sale of four companies” under its corporate umbrella, in a move reportedly affecting 8,000 employees, as well as the future of “tugboat company Svitzer”.
If successfully executed, the deal would carry the hallmarks of… Mærsk knows what it’s ...
Carriers still need another 400,000 teu to maintain services
CMA CGM commits to no job cuts for a year, following Bolloré deal
Transpacific freight rates – it’s all about 'who blinks first'
Hapag-Lloyd in choppy water as volatile market sinks profits
Stock sinks, losses mount and guidance weighs heavy for Zim
Rate hikes eclipse Red Sea diversion costs, boosting carrier profits
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article