Boss Peder Simonsen says company is constantly looking to sell older ships and buy new ones, but opportunities are scarce
Finance
FedEx named as suitor for German parcel company
According to a report in German newspaper Handelsblatt Today, FedEx Corp. (NYSE: FDX) is pursuing an ownership stake in German parcel company Hermes.
The article identified the Memphis-based transportation and logistics giant as the likely suitor to partner with Hermes to expand the company’s parcel distribution service, but listed Amazon.com (NASDAQ: AMZN) and the logistics arm of Alibaba Group (NYSE: BABA) as interested parties.
Hermes competes in major European markets in Germany, France and...
https://s29755.pcdn.co/news/fedex-named-as-suitor-for-german-parcel-company
Mons Aase says offshore markets to suffer for rest of year — at least
The DOF boss cannot predict when current slump will end as sector caught in double grip of pandemic and oil price fall
Havila Shipping’s $420m refinancing held up by red tape
Norwegian OSV owner calls another shareholder meeting to set new deadline for finalisation of rescue plan
GLOBAL & REGIONAL DAILY (Friday 29, May 2020)
GLOBAL & REGIONAL DAILY (Friday 29, May 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
May 29 2020
Global Markets
Global equity markets were under some pressure earlier today on fears over increasing US/China tensions. US President Donald Trump will hold a news conference later today to announce the US reaction to China’s decision to pass from parliament yesterday the new national security law for Hong Kong.
Greece
The Economic Sentiment Indicator dropped to 88.5 units in May-20, which constitutes its...
https://www.allaboutshipping.co.uk/2020/05/29/global-regional-daily-friday-29-may-2020/
AMA Capital Partners hires Nick Smith in European drive
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London’s Marine Challenge Cup becomes the latest victim of coronavirus
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