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1 month ago | 
shippingwatch.com | Jens M. Thomsen |Liv Almer
Maersk has become more flexible, allowing the company to quickly reroute its ships. This paid off in the first quarter, according to Vincent Clerc. BY JENS THOMSEN, LIV ALMERWhile Maersk’s CEO is confident about the container shipping company’s earnings for the rest of the year, the group’s customers are hit differently by the US trade war, which is particularly aimed at China.
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1 month ago | 
shippingwatch.com | Jens M. Thomsen |Liv Almer
If Trump’s deal with the Houthi militia is anything to go by, a reopening of the Suez Canal could trigger serious overcapacity in the container market, analysts predict. by JENS THOMSEN, LIV ALMERThe good times in the container market continued into the first quarter of the year thanks to the crisis in the Red Sea and fears of the tariff war declared by US President Donald Trump against most of the world.
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1 month ago | 
shippingwatch.com | Jens M. Thomsen
DSV welcomes a large group of German employees with the acquisition of DB Schenker. Three execs are given key tasks in the merged company. Logistics major DSV will get a distinctly German flavor when the Danish company formally takes over its peer DB Schenker on May 1 to form the world’s leading freight forwarding group.
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1 month ago | 
shippingwatch.com | Jens M. Thomsen |Mette Grube Condrup
Container lines, freight forwarders and major ports are experiencing dramatic drops in cargo volumes due to canceled shipments. DSV predicts possible recession in the US. by JENS THOMSEN and METTE GRUBE CONDRUPThe grim signs that the US president has triggered a major crisis in global trade are now unequivocal.
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1 month ago | 
shippingwatch.com | Jens M. Thomsen
However, the German container line maintains its expectations for the year, which is marked by uncertainty and geopolitical changes, according to its preliminary results. The year started well for German container ship operator Hapag-Lloyd, although the company does not expect the good times to continue throughout the year.
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1 month ago | 
shippingwatch.com | Jens M. Thomsen
By 2029, a partnership of companies wants to ship large quantities of green hydrogen from Oman to Europe. Hamburg’s leading port operator, Hamburger Hafen und Logistik (HHLA), has joined a collaborative project to establish a supply chain for the transportation of green hydrogen from Oman to the Netherlands and Germany.
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1 month ago | 
shippingwatch.com | Jens M. Thomsen
The trade war between the US and China is now having a major impact on container lines in the form of rapidly sliding freight volumes. After a significant build-up of US product inventories before Donald Trump launched his tariff war against China and the rest of the world, container lines are now expecting a sharp drop in the transportation of goods across the Pacific.
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1 month 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.
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1 month 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.
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1 month 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.
