Political fallout may delay Panama Ports Co sale to BlackRock-TiL
Tomorrow’s deadline for CK Hutchison to sell its 90% stake in Panama Ports Company (PPC) ...
Geneva-headquartered shipping line MSC is “going back to its roots” with its recent purchase of 16 second-hand box ships, according to Alphaliner.
It was alluding to the first 25 years of MSC’s existence, when the carrier grew rapidly through second-hand vessel acquisitions before receiving its first newbuildings in 1996.
In the past four months, MSC has splashed over a quarter of a billion dollars on second-hand boxships as it prepares to usurp Maersk to become the world’s biggest container line.
According to Alphaliner, ...
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East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
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