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News in-depthElectric vehicles
Chinese carmaker BYD held talks with lithium producer in Brazil
...The top shareholder is A10 Investimentos, whose co-founders are Sigma’s chief executive and its other co-chair....
January 14, 2024
North Korea
Fuel transfer from South to North Korea sheds light on sanctions evasion
...Ltd....
December 16, 2022
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Chinese business & finance
China’s big airlines set for fourth straight lossmaking year
...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
January 31, 2024
Peru
China megaport builder hits back as Peru moves to scrap exclusivity deal
...A Chinese state-owned shipping company building one of Latin America’s biggest deepwater ports has criticised a move by the Peruvian government to remove its exclusive right to operate the facility....
March 26, 2024
Electric vehicles
BYD rejects EU claims subsidies help reduce price of China-made cars
...“Shipping capacity is an important bottleneck,” he said, adding the new vessel could sail at “BYD’s planning” rather than leaving cars in port waiting for a ship, which was expensive....
February 26, 2024
News in-depthHeathrow Airport Holdings Ltd
Thomas Woldbye, the Dane now charting Heathrow’s future
...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
February 23, 2024
FT Live
Brazil Summit
Building a resilient and sustainable economy
Wednesday, 15 MayNew York, NY, USA
News in-depthSemiconductors
US missing pieces of AI chip puzzle despite TSMC’s $65bn bet
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
April 11, 2024
Electric vehicles
Can European carmakers stop China’s electric behemoth BYD?
...Wang Chuanfu, chair and chief executive of BYD, told a conference in Shenzhen this month that the company would “deploy seven car carriers in the coming two years to ease the shortage of shipping capacity...
February 29, 2024
The Big Read
The implosion in luxury ecommerce
...Tom Chapman, who was a co-founder of Matchesfashion, says that the initial concept was for a highly curated online shopping experience, rather than the broad-based market for designer products that it became...
March 29, 2024
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...Smart reads A fatal mistake The Wall Street Journal investigates what happened on a remote Texas ranch in a billionaire shipping scion’s final hours....
March 12, 2024
Ecommerce
West’s love for Shein and Temu drives ecommerce boom for air freighters
...Booming western demand for fast fashion and ecommerce goods sold by Chinese online brands such as Temu and Shein is buoying air freight rates and creating fierce competition among logistics companies shipping...
December 14, 2023
Sea Ltd
Singapore’s Sea prepares move into Indonesia’s insurance sector
...The company’s strategy has been to spend heavily on promotions like free shipping and vouchers to win market share....
May 11, 2022
Sri Lanka
US lends $553mn to majority Adani-owned port in Sri Lanka
...Nathan said that the private sector loan to the Adani-led terminal consortium “will expand [the terminal’s] shipping capacity, creating greater prosperity for Sri Lanka — without adding to sovereign debt...
November 8, 2023
#techAsia
Tech tensions and costlier iPhones
...Fujian-based CATL, formally Contemporary Amperex Technology Co. Ltd, is the world’s largest maker of midsize and large batteries for electrified vehicles....
October 26, 2023
Due Diligence
The struggle to get Eurostar back on track Premium content
...One thing to start: Newcastle United co-owner Amanda Staveley has dismissed a Greek shipping magnate’s claim that she owes him tens of millions of pounds, ahead of a court case to try to stop him pushing...
July 6, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Special ReportAsia-Pacific Innovative Lawyers
In-house legal work: best practice case studies
...Li & FungO: 6; L: 7; I: 7; Total: 20When the Hong Kong supply chain group sold its logistics arm, LF Logistics, to container shipping company Maersk in 2022, the in-house team took a central role by acting...
May 5, 2023
Shipping
Shipbuilders enjoy record orders for LNG tankers
Profits boost looms for Korean groups that dominate market for the specialist vessels
January 12, 2023
Industrial goods
DMG Mori tracks use of its machine tool products to prevent military application
...Security concerns have prompted Berlin in recent months to reconsider the use of Huawei equipment in the German telecoms network and review a decision to allow the Chinese shipping company Cosco to buy a...
May 14, 2023
LexTaiwan Semiconductor Manufacturing Co Ltd
CEO resolutions: TSMC’s Wei cannot afford to relax after record year Premium content
...TSMC has just started mass production of its 3nm chips, while Samsung already started shipping in July. That could mean a delay for Apple, TSMC’s key client....
December 30, 2022
Global Economy
Global inflation likely to have peaked, key data indicators suggest
...Factory gate prices, shipping rates, commodity prices and inflation expectations have all begun to subside from their recent record levels....
November 27, 2022
Mediclinic International PLC
London-listed hospital group Mediclinic accepts £3.7bn offer
...The shipping group declined to elaborate on why it is expanding into healthcare....
August 4, 2022
AP Møller-Maersk AS
CIMC abandons $1bn deal for Maersk’s refrigerated container arm
...“The deal also would have substantially increased the risk of co-ordination among the remaining suppliers in the marketplace, most of whom would have been aligned through common ownership and related alliances...
August 25, 2022
The Big Read
How China is winning the race for Africa’s lithium
...“It’s apparent [that] Africa is closer to Europe and shipping the product to somewhere in Europe would make economic sense, but China has already put a lot of infrastructure in place,” says Bernard Aylward...
April 3, 2023
News in-depthNikkei Asia
Cosco: China’s shipping giant expands its global influence
...That, according to the London-based data analytics company GlobalData, was the industry’s fourth-biggest player, China COSCO Shipping Corporation Ltd....
May 24, 2022
Disrupted Times
Gold rush continues with $17bn mega-deal
...The boom in online shopping and congestion at ports drove a big increase in air freight during the pandemic, but will the growth continue as shipping problems ease? Watch our new video....
February 6, 2023

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