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Displaying items by tag: Hapag Lloyd Acquire UASC

#IMDOreview: The Irish Maritime Development Office (IMDO) Weekly Market Review which is produced in-house returns this week with coverage of domestic and global shipping news.

Irish Maritime News: Brexit has revived a dormant territorial dispute between Britain and the Republic of Ireland over the ownership of Lough Foyle as also reported on Afloat.ie. Lough Foyle in Derry and Carlingford Lough, between Counties Louth and Down, are both matters of dispute between Dublin and London.

Ship repair market could see huge boost on retrofits: A series of new regulations, most notably the Ballast Water Management Convention, as well as the recent cap on the use of sulphur fuels, is bound to lead to increased retrofits; since shipowners will gradually look to keep their vessels compliant.

EU Commission approves container liner shipping merger: The European Commission has cleared under the EU Merger Regulation the proposed acquisition of United Arab Shipping Company (“UASC”) by Hapag-Lloyd of Germany, subject to conditions. Both companies operate in the container liner shipping sector.

For more stories of this edition which is available here in addition to Afloat's dedicated Ports & Shipping news coverage.

Published in Ports & Shipping

William M Nixon has been writing about sailing in Ireland and internationally for many years, with his work appearing in leading sailing publications on both sides of the Atlantic. He has been a regular sailing columnist for four decades with national newspapers in Dublin, and has had several sailing books published in Ireland, the UK, and the US. An active sailor, he has owned a number of boats ranging from a Mirror dinghy to a Contessa 35 cruiser-racer, and has been directly involved in building and campaigning two offshore racers. His cruising experience ranges from Iceland to Spain as well as the Caribbean and the Mediterranean, and he has raced three times in both the Fastnet and Round Ireland Races, in addition to sailing on two round Ireland records. A member for ten years of the Council of the Irish Yachting Association (now the Irish Sailing Association), he has been writing for, and at times editing, Ireland's national sailing magazine since its earliest version more than forty years ago