Temporary Baltimore shipping channel shift in bid to remove MV Dali
The temporary 30ft channel that allowed larger vessels to transit Baltimore harbour has been closed, ...
“Net interest-bearing debt increased to $10.7bn ($7.8bn), mainly due to share buyback of $475m, dividends of $1bn, new finance leases of $947m and net interest-bearing debt of $0.4bn acquired through the Grup Marítim TCB transaction, partly offset by proceeds from sale of Danske Bank shares of $482m.” – Maersk, annual results 2016 (emphasis on the amount of debt is mine)
It is relatively easy to forget how big certain numbers can become, spiralling out control when cyclical hurdles become harder to predict ...
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
FAK rate hikes holding, with strong demand into peak season predicted
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
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