deadline of June 30. After receiving the approval, Cosco said all the preconditions to the takeover deal have been fulfilled. Last year, Cosco gained approvals from US and EU antitrust
regulators for the $6.3bn takeover deal.
confidence level expressed by respondents was unchanged at the four-year high of 6.4 out of 10.0 recorded in February 2018. Confidence on the part of owners was also sustained at a four-year high, of 6.6, while managers confidence was up from 6.4 to 6.7.
The rating for charterers was up to 6.7 from 5.0 and confidence in the broking sector was up from 6.1 to 6.3.
modernisation drive, it is losing ground to rival centres such as Singapore and failing to stem losses. Last year, Lloyds slumped to a £2bn loss as the market was hit by a series of major hurricanes and earthquakes. Beale
was appointed chief executive of the 332-year-old insurance market in January 2014, becoming the first woman to hold the role and also one of the UKs few openly bisexual senior business leaders.
It joins the TI Europe at Euronav, the only other ULCC in the world. Bringing the only other ULCC in the world fleet under our control will provide us with a significant strategic opportunity, Paddy Rodgers, CEO of Euronav,
emissions by 10%. The initiative has been launched in partnership with class society DNV GL and Rainmaking, a company which specialises in start-up accelerators, co-working projects and innovation partnerships. All businesses
and entrepreneurs who have a product in need of commercial assessment, testing, investment and scaling can apply to participate.
agreement to reduce its workforce by 159 positions, though a spokesperson for Hapag-Lloyd declines to comment on this number. The reduction will come in the form of layoffs, as well as outsourcing a series of functions to other companies.
fourth edition addresses questions raised by readers since the third edition was published in 2005. The technical content has been thoroughly reviewed and updated and written in an easy-to-understand format. The new edition contains guidance to enhance the
safety of mooring, including a human-centered design approach to mooring arrangements and increased focus on the use and understanding of mooring lines and tails.
prices have continued to rise even more sharply recently. As a result, the CMA CGM Group decided on May 25 to recover bunker costs through its bunker-related surcharges which was applied to all cargo on all Worldwide trades. Because
bunker prices have remained high, the CMA CGM Group has decided to maintain these measures.
newbuild crude tankers to carry clean cargoes on their maiden voyage. However, with the crude tanker market in a depressed state of late, charterers have sought to take advantage to secure competitive freight costs on product flows from East to West. This
activity has had a profound effect on the product tanker market.
initiated a search on Saturday after it was notified that the 33-year-old Filipino crew member was seen going overboard 28 miles northwest of Pinar del Rio, Cuba. A Coast Guard Air Station Miami HC-144 Ocean Sentry airplane
crew was diverted to conduct search patterns.
storage or copying is not permitted. If you are not the intended recipient, please permanently delete the original, destroy all copies and inform the sender by return email. An email reply to this address may be subject to interception or monitoring for operational
reasons or for lawful business practices. Seacurus Ltd is authorised and regulated by the Financial Conduct Authority. Registered Office: Suite 3, Level 3, Baltic Place West, South Shore Road, Gateshead, Tyne and Wear, NE8 3BA. Registered in England and Wales
(company no. 05201529)
This email has been scanned by the Symantec Email Security.cloud service.
For more information please visit http://www.symanteccloud.com