Hints and tips:
Related Special Reports
...Company advisers and insiders recount stories of new hires being fired within days if Saadé felt they would not fit....
...The boss of shipping giant AP Møller-Maersk has warned it could take months to reopen the crucial Red Sea trading route, risking an economic and inflationary hit to the global economy, companies and consumers...
...That seems to be the strategy adopted by big container shipping companies....
...UK ministers committed to “taking action against company leaders who break the law” after the shipping company laid off 800 sailors in 2022 without giving any notice or conducting the usual consultation....
...Many shipping companies have switched to that longer route to avoid Houthi attacks on the approaches to the Suez Canal in the Red Sea and Gulf of Aden....
...The boss of Maersk, overtaken as the world’s largest container shipping group in 2022 by Mediterranean Shipping Company, said he feared that the rise in costs unleashed by sailing around the Cape of Good...
...A US hedge fund is seeking to reverse a high-profile deal between Frontline, controlled by shipping magnate John Fredriksen, and one of Belgium’s oldest shipping dynasties....
...Denmark’s Ultrabulk, another big shipping company, and Drax, the UK power generator, are also collaborating on the project....
...Last month, Chubb’s chief executive Evan Greenberg told analysts that the company’s “exposure is within what we would contemplate and there’s nothing outsize to us”....
...However, Judge Schaffer in the Insolvency and Companies List, part of the High Court, found against Staveley on a series of grounds....
...As the chief executive and founder of a wind-as-a-service shipping technology business that secured funding from Scottish Enterprise, the Japanese shipping company MOL Drybulk alongside UK and international...
...Car-carrier companies operate a total of 776 ships for cars, trucks and other roll-on, roll-off cargo such as agricultural machinery....
...The container shipping industry, a bellwether of global trade, is facing a difficult period following a boom driven by the Covid-19 pandemic....
...Daniel Richards, a director at London-based maritime consultancy MSI, said delays at the ports could force some companies to hold extra stock....
...French container shipping group CMA CGM abandoned its pursuit of UK logistics company Wincanton on Tuesday, making it almost certain that a rival bid by GXO would succeed....
...According to figures from Clarksons, a shipping services company, container ship arrivals in recent days at the mouth of the Red Sea are 90 per cent down on levels in early December last year....
...The company, also focused on Ireland, has clients including Ikea and Asda....
...Enrico Vergani Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers) London EC4, UK...
...Chinese companies make more than 95 per cent of the world’s containers, and the country is home to seven of the world’s top 10 container ports by volume....
...The Dassault family, which owns a major defence company, holds Le Figaro newspaper....
...That means earnings for shipping companies and their shareholders also have a tendency for exaggerated cyclicality....
...Many shipping companies have since December diverted sailings away from the Red Sea and Suez Canal to routes to avoid attacks by Yemen’s Houthi rebels....
...How long it lasts depends on when order is restored to shipping lanes....
...His company estimated that of all shipping segments only container shipping was suffering bigger upheaval as a result of the problems in the Red Sea....
...The speed increases follow nearly a decade of “slow steaming” by most shipping companies in a bid to economise on fuel use and minimise their carbon emissions....
International Edition