Maersk nears acquisition deal amid growth spurt in shipping

Article Abstract:

Danish container shipping company A.P. Moller-Maersk Line is nearing an agreement for the purchase of P and O Nedlloyd of the Netherlands. The proposed merger would give the companies a combined market share of 18% globally. Discussions of the deal come at a time when the shipping industry is experiencing a growth spurt as the result of economic expansion in China and an increase in exports coming out of that country.

Acquisitions & mergers, Denmark, Netherlands, Sales, profits & dividends, Market share, Mergers, acquisitions and divestments, Company acquisition/merger, Company sales and earnings, Company earnings/profit, Company market share, P and O Nedlloyd, Maersk Line

---

Neptune Orient ship has sailed

Article Abstract:

Neptune Orient Lines Ltd. of Singapore has posted share increases for two years, although analysts say container shipping rates have peaked and the shipping industry concern may not be such a good investment in future. Also, there are more freight-shipping lines crowding the market and Chinese economic growth appears to be slowing.

Forecasts, trends, outlooks, Singapore, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Labor Distribution by Employer, Statistics, Securities industry, Company Profile, Neptune Orient Lines Ltd., Company business forecast/projection, Company forecasts, NPTTY

---

Two shipping firms plan bond sales

Article Abstract:

Both China Vanke Co. and Cosco Shipping Co. said that they would sell bonds that can be converted into shares. Both firms said that they would use the proceeeds from the offering to expand their operations.

China, Bonds, Bonds (Securities), Water transportation, China Vanke Company Ltd., COSCO Americas Inc.

Similar abstracts:

• Abstracts: The new war on disease. Light at the end of the tunnel. From Sars to solutions
• Abstracts: China's aviation dream. Preparing for a soft landing
• Abstracts: Japan's economic growth slows. European rush to buy Japan stocks hits euro. Japan 1st-period GDP rose 0.6%
• Abstracts: HSBC deal for KEB stake shows its use of acquisitions. South Korea's Chohung is sold. Commerzbank to reduce stake in lender
• Abstracts: Diageo net profit tumbles 95% on charge related to Burger King. Allied Domecq posts 13% drop in its net profit

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.