End-of-year cargo surge adds to operational challenges at JNPT
Container lines are reporting more operational challenges at India’s Nhava Sheva Port (JNPT) as they ...
The story of Dubai World – the ultimate owner of port operator DP World – could have ended badly when the credit crunch roiled global markets in 2008, had the state-run holding company not received the backing of its bankers, who agreed a $24.9bn debt restructuring a couple of years later.
At that time, a raft of Dubai-owned entities was on the brink of collapse, as were their banks.
Western lenders were among the most exposed, through their global networks, and had ...
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Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
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Asia services expanding as logistics players opt for a 'China+1' strategy
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