China widens 'tit-for-tat' port fees to target US liner stakeholders
China broadened its retaliatory port fees for US-linked carriers and vessels on Friday to include ...
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One of the interesting factors behind the recent speculation over the ownership of Zim is how it came in the wake of an opportunistic management buyout offer from current chief executive Eli Glickman and shipping magnate Rami Ungar.
With its $20 per share price, was the consortium hoping to capitalise on investor jitters over a decline in future earnings as the container shipping sector appears headed into another structural downturn (too much capacity and weakening demand dynamics)?
It might not have worked, ...
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