FMI: The restructuring of Korean Shipping could cost $27b The total cost of bankruptcies and bailouts in the shipping and shipbuilding industry in South Korea could also translate into layoffs and layoffs for about 10,000 workers, according to a recent report by the International Monetary Fund. The total cost of restructuring firms in difficulty in...Read More
[:en][separator headline=”h1″ title=”Maersk Line Buys German Container Shipper Hamburg Süd“] The deal will result in a combined fleet of 741 container vessels Maersk Line, the container shipping unit of Danish conglomerate A.P. Moller-Maersk A/S, has agreed to buy German shipping line Hamburg Süd, boosting its presence on North-South shipping routes, increasing market share and cutting...Read More
