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) ...
More than 90% of HMM’s seafaring union members voted to strike on Sunday and, if a resolution is not reached, the 453 union members are threatening to resign en masse tomorrow and apply to join Swiss-Italian rival MSC.
HMM’s seafaring and shore-based staff have expressed dissatisfaction over “a meagre” salary increment, despite the company achieving record profits last year, thanks to tight shipping capacity and logistics disruptions caused by Covid-19.
Their grievance stems from an eight-year salary freeze only lifted this year after ...
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Marginal gains on east-west ocean container routes in a challenging week
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