Boss Peder Simonsen says company is constantly looking to sell older ships and buy new ones, but opportunities are scarce
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...
The DOF boss cannot predict when current slump will end as sector caught in double grip of pandemic and oil price fall
Norwegian OSV owner calls another shareholder meeting to set new deadline for finalisation of rescue plan
GLOBAL & REGIONAL DAILY (Friday 29, May 2020)
May 29 2020
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.
The Economic Sentiment Indicator dropped to 88.5 units in May-20, which constitutes its...
US finance boutique makes key appointment to fire-up drive in European markets
Chief executive Engebret Dahm keen to grow fleet, but company needs to raise new capital first
Tanker group snaps up another chunk of LNG carrier owner, bringing ownership to nearly 20%
Keenly anticipated shipping football tournament shown the red card for 2020.