In response to this week’s Loadstar story on South Korean antitrust regulators fining 23 container lines for price-fixing on the intra-Asia trades between 2003 and 2018, one source sent a WhatsApp message to our editorial team that said simply: “And …
PRESS RELEASE
Bertschi achieves sales of CHF 1 billion for first time in 2021
17.01.2022
Bertschi Group’s sales exceed CHF 1 billion mark for first time in 2021, with 13% growth
– Sales up by 13% to CHF 1.02 billion…
BBC reports:
The price of oil hit its highest level in more than seven years on Tuesday as traders worried that an attack on a fuel storage facility in the Middle East could affect supply.
A suspected drone attack by …
PRESS RELEASE
Danaos Corporation Announces $1 Billion in Incremental Contracted Revenues and Sale Proceeds Through New Charter Arrangements for 11 Vessels and the Agreement to Sell 2 Vessels
01/18/2022
ATHENS, Greece–(BUSINESS WIRE)– Danaos Corporation (the “Company”) (NYSE: DAC), one of …
The Economic Times reports:
The Biden administration is reviewing Alibaba Group Holding Ltd.’s cloud business to determine whether it poses a risk to US national security, according to three people briefed on the matter, as Washington ramps up scrutiny of …
SEEKING ALPHA reports:
– U.S. antitrust regulators announced plans to review merger guidelines in an attempt to potentially make them stricter.
– The U.S. Justice Department and the Federal Trade Commission are asking for public comment on potential revisions to …
US commerce by air will “grind to a halt” tomorrow, with airlines forced to ground aircraft, unless there is a two-mile radius around major airports free from the planned 5G roll-out.
A group of airlines, including Atlas, FedEx and UPS, …
