360° SearchNetwork Hot Spots Trends Time Series

Lars Jensen

Type: Person

Name: Lars Jensen

First reported May 14 2013 - Updated May 14 2013 - 1 reports

UASC May Order Triple-E Ships

UASC's 13,000 TEU A13 ships represented a step up in size from older shipsUnited Arab Shipping Co. (UASC) may buy five huge, fuel-efficient Triple-E container ships for about $700 million to start a new Europe to Asia service, Dow Jones Newswires rep ... [Published Ship & Bunker - May 14 2013]

Entities: Lars Jensen, Maersk Line Ltd, Maritime, Marine Vessel

First reported May 13 2013 - Updated May 13 2013 - 1 reports

Overcapacity, Fuel Costs Hit Shipping Industry

The owners of the world's containerships are the people responsible for making globalization a reality. Their fleets transport 90% of world trade in manufactured goods. Yet, all but seven of the biggest 30 shippers lost money in 2012, according to shipping ... [Published Hellenic Shipping News Worldwide - May 13 2013]

Entities: Maersk Line Ltd, Marine Vessel, Lars Jensen, Container Ship, AP Møller-Maersk A/S

First reported May 10 2013 - Updated May 10 2013 - 1 reports

China Shipping Container Lines Co Ltd

UASC Plans to Order Five Triple-E Container Ships

LONDON--Cash-rich United Arab Shipping Co. is considering buying five of the world's largest container ships for around $700 million, people with direct knowledge of the deal said Friday, in a move that underlines its ambition to become a significant ... [Published 4 Traders - May 10 2013]

Entities: Lars Jensen, China Shipping Container Lines Co Ltd, Daewoo Shipbuilding & Marine Engineering Co Ltd

First reported May 10 2013 - Updated May 10 2013 - 1 reports

International: Box carriers urged to make drastic cut in Asia-Europe rates

Container carriers should “drastically” lower rates on the Asia to Europe trade in order to increase the prospect of reporting a profit this year, according to new research from SeaIntel Maritime Analysis. The Copenhagen-headquartered firm said shipping ... [Published Lloyd's List Daily Commercial News - May 10 2013]

Entities: Lars Jensen, Maritime

First reported May 08 2013 - Updated May 08 2013 - 1 reports

Asia-Europe box volumes fall

Volumes on the Asia-Europe trade dived nearly 10% year on year in March, because of demand weakness in Europe, resulting in volumes for the quarter sinking into negative territory.According to the latest data from Container Trades Statistics, volumes ... [Published Lloyds Loading List - May 08 2013]

Entities: Lars Jensen, Chinese New Year, Peter Webber, Declination

First reported May 06 2013 - Updated May 06 2013 - 1 reports

Maersk Line: Deploying More Capacity is "Really Stupid, Stupid Strategy"

Soren Skou, chief executive for Maersk Line, said the industry could be close to another rate warOvercapacity continues to plague the shipping market, leaving owners torn between contributing to the glut of tonnage and falling behind competitors who are ... [Published Ship & Bunker - May 06 2013]

Entities: Maersk Line Ltd, Soren Skou, Marine Vessel

First reported May 03 2013 - Updated May 03 2013 - 1 reports

AP Møller-Maersk A/S

Overcapacity, Fuel Costs Hit Shipping Industry

COPENHAGEN--The owners of the world's containerships are the people responsible for making globalization a reality. Their fleets transport 90% of world trade in manufactured goods.Yet, all but seven of the biggest 30 shippers lost money in 2012, according ... [Published 4 Traders - May 03 2013]

Entities: Maersk Line Ltd, Marine Vessel, Lars Jensen, Container Ship, AP Møller-Maersk A/S

First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Freight rates plunge to 14-month low

Rates for shipping container freight from Asia to Northern Europe fell by more than 12 percent this week to a 14-month low, a level at which most shipping firms lose money.The Shanghai Containerized Freight Index fell to US$940 per 20-foot container on ... [Published Cargonews Asia - Apr 15 2013]

Entities: Lars Jensen, Maersk Line Ltd, Vessel, AP Møller-Maersk A/S, Rate Hike

First reported Apr 13 2013 - Updated Apr 13 2013 - 1 reports

Container shipping rates drop to 14-month low

4/12/2013 Rates for shipping container freight from Asia to Northern Europe fell by more than 12 percent this week to a 14-month low, data from Chinese shipping Net showed, a level at which most shipping firms lose money.The Shanghai Containerized Freight ... [Published American Journal of Transportation On-Line - Apr 13 2013]

Entities: Lars Jensen, Maersk Line Ltd, Vessel, AP Møller-Maersk A/S, Rate Hike

Quotes

"the minimum freight rate in the europe-asia route should be around $1,400 per box" Jensen said

UASC May Order Triple-E Ships [Published Ship & Bunker - May 14 2013]

"Rich Greek and German families are a good example," Mr. Jensen said. "they've been in the industry for decades with emotional attachments to their ships."

Overcapacity, Fuel Costs Hit Shipping Industry [Published Hellenic Shipping News Worldwide - May 13 2013]

More Content

sort by: Date \| Relevance
UASC May Order Triple-E Ships [Published Ship & Bunker - May 14 2013]
Overcapacity, Fuel Costs Hit Shipping Industry [Published Hellenic Shipping News Worldwide - May 13 2013]
UASC Plans to Order Five Triple-E Container Ships [Published 4 Traders - May 10 2013]
International: Box carriers urged to make drast... [Published Lloyd's List Daily Commercial News - May 10 2013]
Asia-Europe box volumes fall [Published Lloyds Loading List - May 08 2013]
Maersk Line: Deploying More Capacity is "Really... [Published Ship & Bunker - May 06 2013]
Overcapacity, Fuel Costs Hit Shipping Industry [Published 4 Traders - May 03 2013]
Royal UNIBREW A/S: Share Buy-back Programme of ... [Published FinanzNachrichten.de - Apr 30 2013]
Freight rates plunge to 14-month low [Published Cargonews Asia - Apr 15 2013]
Container shipping rates drop to 14-month low [Published American Journal of Transportation On-Line - Apr 13 2013]
Less Profit in Sight as Maersk Overcapacity Hit... [Published MaritimeSecurity.Asia - Dec 19 2012]
Share Buy-back Programme [Published GlobeNewswire - Oct 15 2012]
Global Institute of Logistics (Gil) Announces P... [Published PRWeb - Sep 20 2012]

Blogs

sort by: Date \| Relevance
Less Profit in Sight as Maersk Overcapacity Hit... [Published MaritimeSecurity.Asia - Dec 19 2012] Emma Maersk in the Straits of Gibraltar, image (c) Wartsila By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines battle to remain profitable amid ...