MSC approached Gram Car Carriers, Georg Whist says
Containers
Gianluigi Aponte’s MSC springs $700m cash takeover offer for Norway’s Gram Car Carriers
MSC offer has support of major shareholders in the Oslo-listed company
Red Sea crisis: Boxships travelling between Asia and the Med emitting 63% more emissions
Containerships travelling between Asia and the Mediterranean emitted 63% more emissions in the first quarter than in Q4 last year thanks to the ongoing Red Sea shipping crisis, according to new data from Xeneta, a freight rate platform. Splash has been reporting regularly on the increased emissions...
Gram Car Carriers approves ninth consecutive dividend as market stays hot
Lessor sees cash flow breakeven rate of $17,860 per day per vessel
MSC launches $700m takeover bid for Gram Car Carriers
Liner giant Mediterranean Shipping Co (MSC) has moved to take over Gram Car Carriers (GCC) in a potential deal that values the Oslo-listed tonnage provider at about NOK7.6bn ($700m). The offer of NOK263.69 per share in cash has been made via MSC subsidiary Shipping Agencies Services (SAS) and...
https://splash247.com/msc-launches-700m-takeover-bid-for-gram-car-carriers/
Why owners should look to sell ships now
The case to cash in and sell secondhand tonnage leads the April issue of Splash Extra, published today. Both newbuild and secondhand vessel prices are exceptionally high (see chart below) at present leading many of the world’s top shipping analysts to advise that owners ought to start looking at...
https://splash247.com/why-owners-should-look-to-sell-ships-now/
Red Sea premiums lift container ship charter rates to highest level in nine months
Middle East liner operators home-in on Chinese-owned vessels
IMO discusses how to stem record cases of crew abandonment
The International Maritime Organization’s (IMO) legal committee is meeting this week in London and is discussing one of shipping’s darkest, most intractable problems, crew abandonment, with record numbers of seafarers being left to fend for themselves by owners across the world. Latest statistics...
https://splash247.com/imo-discusses-how-to-stem-record-cases-of-crew-abandonment/
Evergreen newbuilding push tops $10bn with fresh tender
The liner giant is seeking to order six vessels worth over $320m
Evergreen tender propels newbuilding push beyond $10bn
The liner giant is seeking to order six vessels worth over $320m