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Indiaexportnews.com

Consolidation in the shipping industry

  16.09.2010    

The global financial crisis has unleashed a wave of mergers in the Danish shipping sector. The latest merger was between Thor Rederi and Otto Danielsen that merged to form a new company named United Nordic Shipping (UNS). In the past three years' time, three new shipping companies were established , the Containership Company, Tankers Inc and Hafnia Management. The Danish Shipowners' Association forecasts continued consolidation in the sector, the Shipping Gazette informs.



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