Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
The world’s fourth-largest shipping line is pressing ahead with its plans to partially list on the Frankfurt stock exchange, possibly as early as the autumn, according to sources interviewed in this Wall Street Journal article. Three lead banks are understood to have been appointed to arrange the listing, which will “provide Hapag-Lloyd with cash to reduce its relatively high net debt of €3.35bn and help it to play an active role in ongoing industry consolidation, bankers said, pointing to Singapore’s rival Neptune Orient Lines as a potential partner”.
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Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Another strong month for US ports as container flows continue to rise
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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