Hyundai Heavy shareholders OK split-up plan amid harsh labor opposition

Shareholders of Hyundai Heavy Industries Co. on Friday approved the company’s split-up plan for a merger with a small local shipbuilder amid fierce opposition from its labor union. The split is the first step in the process of Hyundai Heavy’s proposed merger with Daewoo Shipbuilding & Marine...

https://www.hellenicshippingnews.com/hyundai-heavy-shareholders-ok-split-up-plan-amid-harsh-labor-opposition/

Xeneta reveals jump in contracted freight rates for containership segment as new contracts are finalised

Oslo-based Xeneta, the leading ocean freight rate benchmarking and market analytics platform, has revealed a jump in long-term contracted rates for containership operators during the month of May, as 2018 rates expire and new contracts push the index upwards. According to the latest XSI® Public...

https://www.hellenicshippingnews.com/xeneta-reveals-jump-in-contracted-freight-rates-for-containership-segment-as-new-contracts-are-finalised/