CEO Cashes Out and Departs, 900 Workers Strike: Hapag-Lloyd's Acquisition of ZIM Faces Mounting Hurdles

The consolidation wave sweeping through the container shipping industry is advancing with unprecedented momentum as Hapag-Lloyd pursues its planned $4.2 billion acquisition of ZIM Integrated Shipping Services.

Capacity Shrinks Over 70%, Hit by US Lawsuit... This Shipping Company Faces Dual Crisis

Affected by the closure of the Strait of Hormuz and a new round of US sanctions, SeaLead Shipping's operations have been dealt a severe blow.

Fitch: Global Ports Sector Faces Structurally Slower Growth

Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, ...

OPEC faces three choices – BofA Merrill Lynch

The cartel basically faces three choices. First, OPEC could cut production beyond the 1.2mn b/d agreed in December and encourage non-OPEC members to deepen the cuts.

China says economy faces global uncertainties, overcapacity at home

China’s economy faces risks from international uncertainties and excess factory capacity this year, the statistics bureau said on Tuesday.

Daewoo Shipbuilding Faces Another Liquidity Crisis Rumor

Daewoo Shipbuilding & Marine Engineering still has difficulty in escaping from the liquidity crisis, igniting another rumor that it would be hard pressed to repay corporate bonds worth 440 billion won that will come due in April.

Daewoo Shipbuilding Faces Another Liquidity Crisis Rumor

Daewoo Shipbuilding & Marine Engineering still has difficulty in escaping from the liquidity crisis, igniting another rumor that it would be hard pressed to repay corporate bonds worth 440 billion won that will come due in April.