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Hapag-LLoyd Confirms Commitment to IPO Plans
Oct 14, 2015 ... further cost cutting is yet to come, the company does not expect to lay off any more of its workforce. "We have been posting profits for two quarters and managed the integration ...
Four Hundred Rolls Royce Marine Staff To Be Laid Off By End of 2016
Oct 6, 2015 ... of the initial savings to be invested in R&D activity. Makinen concluded, "Reducing our workforce is never an easy decision, but the continued weak oil price, and the need to become more ...
Nicaragua's $50 Billion Panama Canal Alternative "Fraught with Risks and Uncertainties"
Oct 2, 2015 ... concluded that the five-year construction timeline would create "logistical, procurement and workforce challenges." The report, which was delivered in June and released to the public this week, ...
Reports: Hapag Lloyd IPO Set For Mid-November
Sep 22, 2015 ... Hamburger Abendblatt, the company is expected to sell roughly 20 percent of its shares on the Frankfurt stock exchange, valuating the company at $5.6 billion. Attempts at previous Hapag Lloyd ...
Drewry: Low Bunker Prices Have Halved Slot Cost Benefits for Mega-Ships
Sep 16, 2015 ... Data from Drewry shows that, while larger vessels still enjoy a cost advantage, tumbling bunker prices have reduced the slot cost benefit for mega-ships. ...
Bunkering, Maritime Leaders in Attendance as Gibraltar Holds Minister's Breakfast at London Shipping Week
Sep 11, 2015 ... release said that the country's Minister for Shipping, Albert Isola, hosted a working breakfast at Gibraltar House in London to coincide with London International Shipping Week 2015. The ...
Carbon War Room Offering $200,000 Ship Efficiency Grant to Prove 10-15% Fuel Savings Are Possible
Sep 8, 2015 ... technology will be covered by a third party. "Leading industry banks, including HSH Nordbank and KfW IPEX Bank, have confirmed that more-efficient vessels enjoy better marketability, greater ...
Mega-Boxships to Create More Pressure on East-West Rates
Aug 27, 2015 ... Alphaliner says UVLC deployment will continue with renewed strength into 2018, exacerbating overcapacity and rate wars in the container freight industry. ...
Hapag-Lloyd Expected to Target September IPO
Aug 25, 2015 ... that the company will move the date earlier so that Hapag Lloyd shares can trade on the Frankfurt Exchange in October. The company is expected to raise around EUR 500 million ($567.8 ...
Industry Insight: A History of Carbon War Room's Involvement in the Shipping Industry
Jul 16, 2015 ... the existence of a two-tier market. Carsten Wiebers, global head of maritime industries at KfW IPEX-Bank, comments, "We see a clear trend towards a two-tier market of high- and ...