Owner puts heavy-lift giant Mammoet up for sale Dutch conglomerate SHV’s planned divestment of Mammoet, the world’s largest heavy-lift and engineered transport company, could have a “very important impact” on the sector, according to one consultant. READ SOURCE...
Chapter 18C, the biggest addition to the HKEX’s listing rules since April 2018, was the result of a two-month public consultation to find a new growth engine for the world’s fourth-largest capital market. READ SOURCE...
Russia’s economy has been hit by Western sanctions, resulting in an increased use of the yuan as part of a surge in trade, but analysts said it will not help significantly internationlise the use of the currency. READ SOURCE...
FMC querying carriers, terminals on free time billing practicesAhead of a June deadline to issue new rulemaking on detention and demurrage billing, the Federal Maritime Commission is seeking clarity from carriers and terminals about billing shippers when container pickups and...
Hong Kong ranked fourth after New York, London and Singapore in the semi-annual Global Financial Centres Index, which evaluates 120 financial hubs globally. READ SOURCE...
Sliding stocks and a depreciating yuan hit the country’s super-rich harder than their peers in any other nation in the last year, according to a new list published by Hurun Report. READ SOURCE...
The Scan Baltic to USA service, which will begin calling Jaxport in late April, marks the port's second trans-Atlantic service and fifth container service. READ SOURCE...
Five firms and three individuals allegedly engaged in bid-rigging to secure about HK$13 million in funds from the Distance Business Programme. READ SOURCE...
The total number of provincial governments that are offering subsidies to EV buyers has grown to 14 since January, and includes major carmaking centres such as Shanghai, Jilin and Tianjin. READ SOURCE...
Authorities set to announce changes, designed to ease congestion, on Wednesday morning. READ SOURCE...
