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...
...Denmark’s Ultrabulk, another big shipping company, and Drax, the UK power generator, are also collaborating on the project....
...That seems to be the strategy adopted by big container shipping companies....
...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....
...Daniel Richards, a director at London-based maritime consultancy MSI, said delays at the ports could force some companies to hold extra stock....
...However, Judge Schaffer in the Insolvency and Companies List, part of the High Court, found against Staveley on a series of grounds....
...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....
...The container shipping industry, a bellwether of global trade, is facing a difficult period following a boom driven by the Covid-19 pandemic....
...Jeff Yass’s Susquehanna International Group first invested $80,000 in ByteDance, the Chinese owner of TikTok, on the back of an idea sketched on a napkin in a Beijing coffee shop more than a decade ago....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...The risks have risen as international trade in goods has increased and ships have grown larger....
...Jakob Larsen, head of safety and security for Bimco, a large international association of shipowners, said the search for security advice reflected how the shipping industry was “very worried” about the...
...But the company’s statement insisted its cranes were “designed, manufactured, transported, assembled, commissioned and delivered” strictly in accordance with international standards....
...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....
...Agnello added that Staveley was “an extremely experienced international businesswoman”....
...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....
...Enrico Vergani Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers) London EC4, UK...
...The company, also focused on Ireland, has clients including Ikea and Asda....
...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....
...Brent crude, the international oil benchmark, rose 2.3 per cent to $78.80 a barrel. WTI, the US equivalent, also rose 2.3 per cent to $73.27 a barrel....
...How long it lasts depends on when order is restored to shipping lanes....
...This summer, diplomats at the UN’s International Maritime Organization set a target for shipping, which delivers about 90 per cent of the world’s traded goods, to achieve net zero emissions “by or around...
...Orient Overseas (International) announced a $1.4bn profit for 2023 on Thursday, down from $10bn in 2022. The company also cut its final dividend by more than 90 per cent....
International Edition