A consortium led by Harim Group, the parent company of bulker operator Pan Ocean, […]
The post Harim emerges as HMM’s preferred bidder appeared first on Offshore Energy.
https://www.offshore-energy.biz/harim-emerges-as-hmms-preferred-bidder/
Privatization
Report: Dongwon and Harim dueling for dominance in HMM bidding race
In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group […]
The post Report: Dongwon and Harim dueling for dominance in HMM bidding race appeared first on Offshore Energy.
https://www.offshore-energy.biz/report-dongwon-and-harim-dueling-for-dominance-in-hmm-bidding-race/
Workers protest against HHLA’s partial sale to MSC
In a show of collective dissent, hundreds of employees of Hamburger Hafen und Logistik […]
The post Workers protest against HHLA’s partial sale to MSC appeared first on Offshore Energy.
https://www.offshore-energy.biz/workers-protest-against-hhlas-partial-sale-to-msc/
Reports: Hapag-Lloyd doesn’t make it to the shortlist in the bid for HMM
The fervent contest to secure ownership of South Korea’s premier shipping enterprise, HMM Co., […]
The post Reports: Hapag-Lloyd doesn’t make it to the shortlist in the bid for HMM appeared first on Offshore Energy.
Four contenders join the race for HMM’s privatization
Four bidders have thrown their hats in the ring for the privatization of HMM, […]
The post Four contenders join the race for HMM’s privatization appeared first on Offshore Energy.
https://www.offshore-energy.biz/four-contenders-join-the-race-for-hmms-privatization/
HMM Privatization: Bidding kicks off for South Korea’s flagship carrier
The bidding process for the privatization of South Korea’s flagship carrier HMM was officially […]
The post HMM Privatization: Bidding kicks off for South Korea’s flagship carrier appeared first on Offshore Energy.
Grimaldi-led JV takes majority stake in the Igoumenitsa Port Authority in €84M deal
The joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A., and […]
The post Grimaldi-led JV takes majority stake in the Igoumenitsa Port Authority in €84M deal appeared first on Offshore Energy.
Privatization of Haifa Port completed
Israel’s Haifa Port has been officially taken over by a consortium headed by India’s […]
The post Privatization of Haifa Port completed appeared first on Offshore Energy.
https://www.offshore-energy.biz/privatization-of-haifa-port-completed/
U.S. Postal Service loses $4.5 billion in latest quarter
U.S. Postal Service (USPS) losses continued to mount with a $4.5 billion loss reported on May 8 for the latest quarter amid warnings from the federal agency that government intervention is needed to avoid a potential service shutdown.
The loss in the agency’s fiscal second quarter (ending March 31) is more than double the $2.1 billion loss in the same period last year.
“We are unable to predict the duration of COVID-19 business closures and the duration of the recession we are currently...
https://www.freightwaves.com/news/u-s-postal-service-loses-4-5-billion-in-latest-quarter
Former XPO executive tapped to head U.S. Postal Service
The U.S. Postal Service (USPS) board unanimously selected Louis DeJoy to serve as its 75th Postmaster General, a private-sector pick that feeds speculation that the world’s largest postal organization could be headed for privatization.
DeJoy, a former executive at XPO Logistics [NYSE: XPO], is expected to begin serving in the role on June 15. He replaces Megan Brennan, who announced her plans to retire in October 2019. DeJoy will be the first person from outside USPS to lead the organization...
https://s29755.pcdn.co/news/former-xpo-executive-tapped-to-head-u-s-postal-service