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...Among the latest actions, the PCAOB found that PwC ignored red flags in its audit of Aegean Marine Petroleum Network, one of the world’s largest traders of shipping fuel, which went bust in 2018 as a result...
...equipment on cranes bound for US ports....
...The administration noted that while increasingly complex systems at ports of entry had “revolutionised the maritime shipping industry and American supply chains by enhancing the speed and efficiency of moving...
...The attack seems likely to have been a result of the ship’s previous ownership by Oaktree, one of the US private equity firms that is most active in shipping investment....
...The Biden administration last week poured billions of dollars into domestic manufacturing of cargo cranes, to counter fears of hackers exploiting software in Chinese cranes....
...A Chinese state-owned company, ZPMC, provides 70 per cent of the world’s cargo cranes....
...We don’t know too much yet about the Amazon complaint, but allegations include tying Prime membership to product shipping services. Those are contracts....
...But, today, the beachfront is a sprawling construction site, with cranes shifting pillars as dumper trucks rumble around below....
...The company aims to sell up to 50,000 cars this year, despite shipping a total of only 21,000 in the first nine months....
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...Shipping and trading head Carol Howle and gas and clean energy boss Anja-Isabel Dotzenrath — either of who would be BP’s first female chief — are also among the top contenders to carry out Looney’s clean...
...’s DIP financing proposal fell through after Yellow’s lawyers last Friday told a federal bankruptcy judge in Delaware that two other parties — MFN Partners, a Boston-based hedge fund, and Estes Express Shipping...
...At the FT summit Keith Crane, economist at the Science and Technology Policy Institute, noted that the value of the launch market was actually smaller last year than in 2013, thanks to lower prices....
...It is also backing a Thyssenkrupp project to clear munitions from the seabed by crane....
...recovered along the retail rebound in 2021 following pandemic lockdowns, the group’s liquidity had been hit by investments to improve its supply chain and the higher cost of using air freight rather than shipping...
...Here’s the punchline: even as cyclical sectors such as shipping get hit, big tech keeps growing....
...As we pulled in, we got a good view of the dangling cranes, massive cargo ships and just mountains upon mountains of shipping containers. Josh Gabert-DoyonLook at this....
...Other companies, such as Volvo, are developing electric trucks, while shipping giant Maersk is embracing electric and hydrogen-powered vessels....
...Commended Freshfields Bruckhaus Deringer O: 6; L: 8; I: 7; Total: 21Freshfields advised Li & Fung on the sale of its logistics arm, LF Logistics, to Danish shipping group Maersk, and the buying back of...
...He also attacked shipping lines for raising freight rates during the pandemic. Automation of high-paid jobs such as crane operator is likely to be the focus of the remaining negotiations....
...We scoured the website for any mention of machine learning, leveraging the blockchain, quantum computing or big data, but it really does seem dedicated to just shipping gargantuan amounts of frozen fries...
...News round-up Music business scrambles to contain fallout from Kanye West controversy (FT) Germany allows Chinese shipping group a stake in its biggest seaport (FT) European banks’ bumper quarter raises...
...JH: I would say that you disrupt by building and shipping. And I think we, as a company, are very well-positioned to do something that’s unique here, and hard for other people to do....
...Shipping lines Maersk and Mediterranean Shipping Company, which operate a capacity sharing alliance, decided last month they would divert vessels on a route from Asia that usually call at Felixstowe to Wilhelmshaven...
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