Jens M. Thomsen

2 weeks ago | shippingwatch.com | Jens Ruskov |Dag Holmstad |Jens M. Thomsen

The logistics business is not yet delivering the gains Maersk had hoped for, and the container major is still less profitable than several competitors, comparison shows. by JENS RUSKOV, DAG HOLMSTAD, JENS THOMSENFive of the world’s largest container shipping companies saw a significant decline in their combined pre-tax profits in the first half of 2024.

2 weeks ago | shippingwatch.com | Jens M. Thomsen

The German shipowner takes another step into the dry cargo segment with investment in Norwegian dry cargo operator Belships. German shipowner Reederei F. Laeisz has taken another step into the dry cargo segment as co-investor in the Norwegian dry cargo carrier Belships.

2 weeks ago | shippingwatch.com | Jens M. Thomsen

The US and China’s trade war with high punitive tariffs on each other’s goods will ”drastically reduce freight volumes” on the Pacific routes, predicts Lars Jensen. Despite expectations of steep drops in China-US cargo volumes as a result of the US trade war, German container shipping line Hapag-Lloyd has yet to see any notable changes in cargo volumes across the Pacific.

2 weeks ago | shippingwatch.com | Jens M. Thomsen

The investment in four new ships for Auerbach Schifffahrt could be good business, according to the founder of the specialist shipping company. Favourable prices for second-hand ships led specialist shipping company Auerbach Schifffahrt to sell most of its ships for project cargo in 2021, but now new ships are finally on their way from the shipyards to the Hamburg-based shipping company.

2 weeks ago | shippingwatch.com | Jens M. Thomsen

The canal plans to ban use of fossil fuels in ships waiting for passage through the busy waterway. Maersk company Stillstrom by Maersk has signed an agreement with the Panama Canal Authority to explore how the former’s technology to provide electricity to ships waiting to pass through the busy Atlantic-Pacific Canal.