Analysis

Analysis: is DSV ready to move on Damco’s freight forwarding business?

A couple of years have passed since the management team at DSV promised it would strike another large deal – now, given market talk spurred by the latest corporate events at AP Møller-Maersk Group (APMM), DSV’s most likely target might be APMM’s freight forwarding arm, Damco FF.
Deal or no deal?
Sources with knowledge of internal affairs have told me that as Damco restructures and reorganises its logistics and freight forwarding businesses, calls from head office have …

The post Analysis: is DSV...

https://theloadstar.co.uk/analysis-dsv-ready-move-damcos-freight-forwarding-business/

A storm is brewing for India’s domestic shipping industry

With a vast coastline spanning 7,500km and a strategic location nearby major shipping lanes, India has always been well-placed to enjoy the benefits of a burgeoning maritime sector. According to the country’s Ministry of Shipping, maritime transport accounts for around 95% of India’s trade by volume. Over the course of this year, nearly 680 million tonnes of cargo traffic passed through the country’s twelve major ports.

In 2014, Prime Minister Narendra Modi launched ‘Make in India’, an...

https://www.ship-technology.com/features/storm-brewing-indias-domestic-shipping-industry/

Ship recycling: can Europe clean up its own mess?

For decades, the European shipping industry has taken its decommissioned vessels to China to be recycled.

But from 1 January 2019, shipowners on the continent will need to find an alternative scrapping destination. As announced in May, the Chinese Government added old ships to its growing list of prohibited imports.

Beijing claims it has implemented the ban in the name of environmentalism, but this has done little to appease European shipowners, who fear the embargo will drastically reduce their...

https://www.ship-technology.com/features/ship-recycling-can-europe-clean-mess/

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