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...He has also developed close ties with French President Emmanuel Macron, whom he often accompanies on overseas trips, while investment bankers who once shunned the group now vie for its business....
...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....
...“The scale [and] the weight of China means it is easy to overexaggerate the impact of ‘China plus one’,” said Michael Fitzgerald, deputy finance chief of Orient Overseas Container Line, a Hong Kong-headquartered...
...Meanwhile, Michael Fitzgerald, deputy chief financial officer of Orient Overseas Container Line, part of China’s state-owned Cosco shipping group, said efforts by companies to reduce their dependence on...
...However, Michael Fitzgerald, deputy chief financial officer at the Hong Kong-listed shipping group Orient Overseas Container Line, said earlier this month that the glut at Chinese ports had eased “over the...
...Ukraine said Russia was using Elon Musk’s Starlink satellite internet system on the front line....
...Some carmakers relying on rerouted vessels for components have already felt the impact, with Tesla in Germany, Volvo Cars in Belgium and Suzuki in Hungary halting certain vehicle production lines....
...When the subsidiary of the world’s second-biggest container shipping company was sued over the incident last year, it was seen as a wake-up call for shipping lines....
...In 1976, James Sherwood, an American-born London-based shipping container magnate, bought the Cipriani hotel in Venice and began buying 1920s and 1930s Orient Express carriages....
...In 2021, in what is now regarded as a landmark moment, Beijing imposed its “three red lines” on real estate companies to address skyrocketing leverage in the property sector....
...Nippon’s $14.9bn bid for US Steel is Japan’s largest overseas acquisition this year and would make the combined group the world’s third-biggest steel producer....
...But he added that “there’s a fine line between bilateral infrastructure development and predatory infrastructure contracting”....
...The half-year operating profit is likely to be in line with last year’s, even though group sales are more than a fifth ahead — or 16 per cent at constant currency....
...As conflicts multiply overseas, Anduril’s business is accelerating: annual revenues are projected to reach $1bn by 2026....
...The shortlived arena — made from 974 stacked shipping containers — will have fulfilled its purpose after hosting seven matches....
...Business was so hectic that departing families launched “bidding wars” for shipping containers, he said....
...One of its subsidiaries also operates at the heart of Kaohsiung Port, Taiwan’s busiest port, after Cosco Shipping’s $6.3bn takeover of Hong Kong-based Orient Overseas International Ltd (OOIL) in 2018, whose...
...Lines, a Singapore-based shipping carrier....
...Disruptions at ports are causing significant delays and household goods are afforded lower priority than shipping lines....
...MSC, the world’s second-largest container shipping line, runs a container terminal in Long Beach through its terminals business....
...Kegoc has announced it intends to carry out maintenance work on damaged plants and power lines....
...Great Wall and Orient, along with Cinda and Huarong, make up the quartet of bad debt managers....
...For Salman Rushdie, there was the city of crates that piles up in the streets of Luanda in Another Day of Life as Europeans decant their lives into containers before fleeing Angola’s civil war....
...“Shipping lines are asking for three weeks’ notice to collect a container, and major ports are just close to full capacity....
...These should, the draft law says, “orient towards mainstream values” and “actively transmit positive energy”....
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