MSC takes over Brazil's Wilson Sons in $767m deal
Finally gone
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
MAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT JBHT: SHORT-LIVED RALLY AND STEADY YIELDGXO: NEW ZENITH KNIN: STRENGTH CHRW: MOMENTUMWTC: WEAKENING
No, Australia has not banned a child-oriented fruit drink – nor a South Korean car brand. It has, however, banned MSC’s vessel, Kia Ora, from its ports. It seems the Australian Maritime Safety Authority doesn’t like those that cheat the labour convention (it’s a shame not all Australians don’t like cheating…). And, after an AMSA officer boarded the Liberian-flagged containership for inspection in mid-March, the discovery that crew had been underpaid for four months left them with no choice. MSC now finds its vessel will be out in the cold for three months, becoming the fifth the authority has banned in the last 24 months.
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