mergers

Transport associations oppose to EU Consortia Block Exemption Regulation

Organisations representing the main maritime logistics industry stakeholders, as well as EU national maritime authorities, met on February 8 in Paris to discuss about the EU Consortia Block Exemption Regulation. The associations attempted to assess the validity of the BER, which provides the liner shipping industry an exemption from normal competition rules.

Namely, CLECAT, ETA, EBA, EBU, ESO, IWT, ESC, FEPORT and the GSF, all agreed that market developments which took place over the last five...

https://safety4sea.com/transport-associations-oppose-to-eu-consortia-block-exemption-regulation/

Capital’s crude and product tanker business merges with DSS

Capital Product Partners and DSS Holdings entered into a transaction agreement. According to the agreement Capital will spin off its crude and product tanker business into a separate company, which will merge with DSS’ businesses and operations.

The new company will be called Diamond S Shipping Inc., and will be one of the largest shipping companies. It will also be listed on the New York Stock Exchange and will have its headquarters in Greenwich, Connecticut.

Capital will continue as a master...

https://safety4sea.com/capitals-crude-and-product-tanker-business-merges-with-dss/

France presents strategy to help ports deal with shipping alliances challenges

The French Prime Minister Édouard Philippe announced a national ports strategy and ports mergers, aiming to face challenges that the creation of shipping alliances cause.

Alliances

In a recent report, the International Transport Forum assesses the affect of alliances on the maritime transport chain and its main stakeholders. It also analyses their impacts on competition and what benefits they may bring, as well as policy options for governments.

According to the report, alliances have enabled...

https://safety4sea.com/france-presents-strategy-to-help-ports-deal-with-shipping-alliances-challenges/

+ More