Hints and tips:
Related Special Reports
Related Topics
...Diverting container ships via the Cape of Good Hope adds about 13,000km in distance for an Asia-Europe round trip, and hundreds of dollars per container, Clerc said....
...Entain has hired advisers to oversee the possible sale of several of its overseas brands, as one of Britain’s largest gambling companies considers unwinding a multibillion-pound acquisition spree that hurt...
...That seems to be the strategy adopted by big container shipping companies....
...ONE was formed in 2018 through the merger of the container businesses of Japan’s NYK Line, K Line and Mol. Container ships mostly carry manufactured goods in steel boxes....
...The vessel is operated by Geneva-based Mediterranean Shipping Company, the world’s biggest container shipping line....
..., in line with its “asset-light” strategy, three people said....
...This has meant shipping lines have had to add port calls in some areas to drop off and pick up containers going to and from areas that are no longer on their direct route....
...Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand....
...Meanwhile, Germany’s Hapag-Lloyd, the world’s fifth-largest container line by capacity, indicated that it intended to continue diverting its ships away from the Red Sea towards the Cape....
...The Carriage Club is a high-concept bet from the Belmond British Pullman train, which generally runs a more sedate experience than its flashier continental sibling the Venice Simplon-Orient-Express — for...
...Guming, which described the Chinese market in its prospectus as “highly competitive and rapidly changing”, said it would “continually evaluate opportunities to enter overseas markets”....
...Vincent Clerc, chief executive of the world’s second-largest container line, said that large amounts of new ships due for delivery this year and next would saddle the sector with an excess capacity, hitting...
...Container lines, which handle movements of manufactured goods and components, mostly offer one service a week on their most popular routes....
...The shortfall had left about 700,000 people stuck in more than 400 container cities, according to Afad....
...Oil prices jumped more than 2 per cent on Wednesday as the threat of Houthi rebel attacks on container ships in the Red Sea continued to roil commodity markets....
...The European Commission said on Tuesday that the exemption, which for years has enabled shipping lines to place containers on each other’s ships, no longer appeared “fit for its purpose” and will not be...
...The Norwegian company is the biggest participant in a corner of the shipping industry facing different dynamics from container lines, which are saddled with excess capacity....
...All are in the area currently unserved by most large container lines....
...Attacks by Iranian-backed Houthi rebels on container ships navigating the Red Sea stopped the westward flow of presents this Christmas....
...to $3,100 per standard 40-foot container from $1,400, according to Xeneta....
...It is also looking at other options all the way through to a new line between Handsacre, north of Birmingham, and High Legh, just south of Manchester airport — alleviating some of the existing line’s most...
...Belgian insurer Ageas has made a higher preliminary bid for UK motor underwriter Direct Line, which values the group at 237p a share....
...Several large Taiwanese manufacturers are considering setting up a second headquarters overseas to ensure they can keep operating in the event of a Chinese attack on their country....
...Since his company lacked the resources to hire teams of quality inspectors, he passed the job on to his production workers, giving them the power to stop the line if they found a fault or defect, so it could...
...“As a result, some investment managers have held off registering their new ETF ranges for sale in the UK pending the introduction of the overseas funds regime,” Carson said....
International Edition