CMA CGM to buy stake in HMM’s Algeciras terminal

CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain.

HMM announced on 18 June 2020 that it was selling the stake for KRW59 billion (US$48.57 million), as the South Korean liner operator seeks to strengthen its liquidity after a string of losses.

TTIA is owned by HMM and HT Algeciras which is a special purpose company wholly controlled by HMM. The South Korean company directly owns a stake of 50% minus one...

https://container-news.com/cma-cgm-to-buy-stake-in-hmms-algeciras-terminal/

COVID19 Survival Tips for The Summer

With summer in full swing, health officials are asking people to rethink their summer habits to better protect themselves against the virus, reports Abby News.

Tips to stay well in summer

Dr. Beth Donaldson, medical director and family physician with Copeman Healthcare, outlined a few summer-specific COVID-19 tips for British Columbians.

  1. Social Interaction

One of the most contentious issues that’s arisen during the pandemic is restrictions around social interactions.

Donaldson said that whenever...

https://mfame.guru/covid19-survival-tips-for-the-summer/

U.S. trade deficit narrows in June as exports rise faster than imports

The overall U.S. trade deficit narrowed in June as exports rose faster than imports, the U.S. Commerce Department reported Wednesday. U.S. exports rose by 9.4 percent to 158.3 billion U.S. dollars in June while imports increased by 4.7 percent to 208.9 billion dollars, the department said. Overall...

https://www.hellenicshippingnews.com/u-s-trade-deficit-narrows-in-june-as-exports-rise-faster-than-imports/

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