Hints and tips:
Related Special Reports
...More than 80 per cent of the world’s container shipping capacity is controlled by nine companies, including China’s Cosco and Switzerland’s Mediterranean Shipping Company, according to data provider Alphaliner...
...from undercutting the bloc’s heavy industries, which are subject to strict climate regulation and have to pay for greenhouse gas pollution under the bloc’s emissions trading system....
...Despite growing political consensus to tackle the problem, there are knock-on effects for the global shipping industry from stricter customs controls, experts said....
...In addition, China’s state-owned shipping and logistics company Cosco is building a deepwater port at Chancay, 70km north of Lima....
...The EU has taken a different approach on shipping, where 50 per cent of emissions from journeys outside the EU are included in the ETS....
...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....
...Two of the world’s biggest container shipping lines have announced a new partnership, in a major reshaping of the industry’s commercial relationships....
...Boxships from China’s state-owned Cosco are also making costly and time-consuming re-routings around the Cape of Good Hope....
...Increasing Chinese competition has already pushed South Korean producers, which include Hyundai Heavy Industries, Samsung Heavy Industries and Hanwha Ocean, to climb up the value chain, focusing on LNG carriers...
...China’s largest shipping company, state-owned Cosco, has been forced to reroute cargo away from the region, said Stefan Angrick, associate director and senior economist at Moody’s Analytics, raising the...
...Heavy industry is responsible for about a quarter of US greenhouse gas emissions....
...Chinese lines’ move to the Red Sea comes after most big container shipping lines — including China’s Cosco, operator of the industry’s fourth-biggest fleet — abandoned the southern Red Sea because of the...
...However, some in the shipping industry are sceptical as to how much capacity will shift to other markets....
...Cosco Shipping, a Chinese state-backed shipping and logistics company, has a 60 per cent stake in the port, with the remainder in the hands of Volcan, a Peruvian mining company....
...The shipping group will still use the aircraft, but trying to break into the industry on its own has its challenges too, a third person familiar with CMA CGM’s business said....
...The results come as the Issa brothers, who also co-own petrol station empire EG Group with TDR, seek to simplify the division of assets between them....
...The WSC highlighted that the commission’s decision does not outlaw co-operation between shipping groups....
...Customers in heavy industry could then use the hydrogen in applications such as steelmaking....
...Adjusted operating profit from the company’s largest business, its trading-heavy agricultural services and oilseeds segment, fell to $864mn, from $1.2bn in the same period last year, as trade flows stabilised...
...able to hold up to 78bn tonnes of CO₂....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Patrick Murphy, a shipping lawyer at Clyde & Co, also said sanctions were likely driving more “frictional” disputes over contracts....
...The International Energy Agency, which says such projects will play an important role in absorbing CO₂ from heavy industries such as steel, cement and fertiliser production that are difficult to decarbonise...
...The bulk of this came from ADM’s trading-heavy agricultural services and oilseeds business, but the nutrition segment benefited too....
...The fashion industry in particular has drawn criticism from campaigners for its heavy reliance on petrochemical-derived materials such as polyester, and for the fast-fashion commercial model, which encourages...
International Edition