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Talks break down for sale of top container shipper HMM

Negotiations on the sale of South Korea s top container shipper HMM to a local consortium fell apart due to differences over some issues, creditors said Wednesday. ....

Cholla Namdo , South Korea , Pan Ocean , Korea Development Bank , Korean Ocean Business Corp , Harim Co , Harim Group , Dongwon Group , Korean Ocean Business , Hyundai Merchant Marine , South Korea , He Korea Times , Orea Times , Orean News In English ,

Transcripts for BBCNEWS World Business Report 20240604 11:37:00

And the threat of another conflict in the gulf has also raised the price of oil today, which has risen by more than 3% since the airstrikes against the houthi rebels that have been attacking ships. there have been warnings from the british retailer tesco among others that the battle to restrain inflation could be blown off course by these events. kathleen brooks is uk research director at xtb. what do you make of these warnings? well, we do know that goods that faded into our inflation baskets, sprinkles like clothing, furniture, that they are on both these vessels that they are on both these vessels that have had to be re routed. it really cost the shipper is a huge amount of monetary roots these vessels around africa rather than using the red sea. so we know that the goods around those vessels and ....

Retailer Tesco , Kathleen Brooks Is Uk , Inflation Baskets , Red Sea ,

SEOUL Leading South Korean poultry processor Harim Group has been named the preferred bidder for ocean carrier HMM, with its offer price of 6.4 tri ....

Cholla Namdo , South Korea , South Korean , Pan Ocean , Harim Group , Korea Development Bank ,

Loaded and Rolling: Morgan Stanley sees freight industry move 'deeper into limbo'

A Q3 shipper survey by Morgan Stanley suggests the freight industry has moved “deeper into limbo” as completion of an excess inventory purge now leads to uncertainty as there is no immediate need to restock. The post Loaded and Rolling: Morgan Stanley sees freight industry move ‘deeper into limbo’ appeared first on FreightWaves. ....

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