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...to Swiss cruise operator MSC, according to people with knowledge of the communication....
...“I believed the terminal was an undervalued asset in a strategic location that could be used to supply oil products to Africa, in line with my long-term interest in African energy and food security, and...
...Because Avon International has differing product lines and varying performance in the more than 70 countries where it is present, a sale of its operations in a single package may prove tricky, according...
...It is also supporting jointly with the EU the launch of a pre-feasibility study to extend the line to Zambia....
...“Some of the competitors in [the] Greater Bay Area continue to receive government incentives, hence able to offer attractive lower price option[s] to shipping lines,” the company added....
...That is also boosting share prices for shipping lines. Maersk and Germany’s Hapag-Lloyd are up about 20 per cent over the same period....
...Liberty Global intends to list its Swiss telecoms business Sunrise later this year, which it acquired for $7.4bn less than four years ago, with shares allocated to Liberty Global investors....
...The Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...In 2019, some 2mn Chinese tourists took a cruise, compared with 14mn people from the US, according to the Cruise Lines International Association, an industry trade body....
...Some Chinese shipping lines are still happily using the Red Sea route....
...In the latest attack, on Monday, the Houthis fired two missiles at the MSC Sky II, a container ship operated by Geneva-based Mediterranean Shipping Company, the world’s biggest container shipping line....
...The Granolas as a group have climbed 18 per cent over the past 12 months beating the Stoxx 600’s 7.5 per cent rise over the same period....
...“Paramount SA has acted at all times in line with all applicable laws and regulations....
...As of late afternoon on Wednesday, 121 vessels capable of carrying 1.6mn 20ft shipping containers had rerouted via the Cape of Good Hope, according to Kuehne+Nagel, a Swiss logistics group, which expects...
...Companies are also facing increased shipping costs as a result of the Houthi attacks....
...Stocks have rallied strongly this year, with the blue-chip S&P 500 enjoying its best start to a year since 2019, having risen 10.2 per cent in the first quarter of 2024....
...The company, which owns S.Pellegrino and Acqua Panna, also revealed it launched a review of its natural mineral water operations in several countries in response to concerns that these might not be in line...
...S&P upgraded its forecast for US gross domestic product. The UN shipping chief warned that ships diverted from the Red Sea and Suez Canal were at risk from hijackings....
...Although its top-line growth has been respectable since it listed on AIM via a demerger from food supplement specialist Provexis in 2013, it has failed to generate a profit....
...The move to target a Dubai-based oil trader marks an escalation of the UK’s sanctions regime at a time when the G7’s price cap on Russian oil has become less effective....
...That fell to 13 per cent last year, according to S&P Global Commodity Insights, while the US became the EU’s biggest supplier of LNG with a 45 per cent share....
...The S&P 500 dropped at least 2 per cent in a day on more than 20 occasions last year, while this year it has happened only once, in February....
...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...
...Until February 26; further information and tickets here ‘Corps à corps: Histoire (s) de la photographie’ (Body to Body: History/Story (ies) of Photography), Centre Pompidou A show investigating how 20th...
...“[Shipping lines] went into the pandemic barely breaking even,” says John McCown, founder of the shipping consultancy Blue Alpha Capital....
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