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...“We are currently working through the legal process in Cayman Islands to wind up [the fund],” said TGT director Justin Wright....
...Haymarket also lent $91mn to Jarm Capital, a Delaware company then owned by Josh Wander, co-founder of 777, according to a person familiar with the situation....
...Oil trading represents about 30 per cent of total revenues, but alongside gas and power trading, the group is also investing in green technologies such as battery storage and biogas....
...“I respected the integrity of the independent investigation and fully co-operated with it every step of the way,” he said....
...Companies trading commodities such as iron ore and grain have threatened legal action and sought to alter contract terms to pressure shipowners to use the Suez Canal route, which is more dangerous, but also...
...emissions trading scheme (ETS) from January....
...Taiwan Semiconductor Manufacturing Co, the world’s largest maker of advanced chips, stopped some chipmaking machinery and evacuated staff from facilities after the quake....
...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....
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
...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....
...Privately owned Mercuria has not outlined a succession plan for CEO and co-founder Dunand, who is 63 this year....
...References to Britain’s naval history abound, together with the importance of maritime transport for this little island. Britannia, it seems, is still called upon to rule the waves....
...Many commercial shipping companies have decided to avoid the critical shipping route, opting instead to take the longer journey between Asia and Europe around the Cape of Good Hope....
...“Our new prohibitions on key metals, in co-ordination with our partners in the United Kingdom, will continue to target the revenue Russia can earn to continue its brutal war against Ukraine,” said Janet...
...Taqa’s statement was made shortly after the Spanish regulator suspended trading in Naturgy shares on the Madrid stock exchange....
...The bank’s profits rose 28 per cent in the first quarter, buoyed by its hallmark trading business....
...It has also diversified in recent years into trading gas, power and other commodities, and trades some $150bn worth of commodities a year. Additional reporting by Sam Jones...
...“The Red Sea shipping route is of great importance to Chinese merchant ships,” Yin said....
...“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....
...Switzerland has abolished all its industrial tariffs, a strategy more usually followed by city-states or city-enclaves such as Singapore and Macau, or by small island nations....
...In the UK asset manager’s latest annual review (out last week but we only got around to reading it) co-CIO Maxey revisited his 2022 prediction, and mused on whether the danger has “been averted, or merely...
...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...
...Patrick Murphy, a shipping lawyer at Clyde & Co, also said sanctions were likely driving more “frictional” disputes over contracts....
...Two weeks after the shares officially began trading on the Nasdaq exchange, they have lost two-thirds of their value....
...Bickerstaffe’s departure had been planned, in a way, since she agreed to become co-chief executive in 2022....
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