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  • GLG says Beijing wants to know too much, so jobs cut

GLG says Beijing wants to know too much, so jobs cut

EXPERT network consulting company Gerson Lehrman Group (GLG), of New York, has become the latest due diligence firm to cut jobs in China as Beijing intensifies its scrutiny on security grounds, reports London's Financial Times.GLG, which maintains a network of specialists that global investor...

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  • MPC Container Ships acquires 5 eco-ships for US$136 million

MPC Container Ships acquires 5 eco-ships for US$136 million

OSLO MPC Container Ships (MPCC) has finalised the purchase of five modern eco-design vessels for a total price of US$136.4 million, reports Singapore's Splash247.MPCC said in a stock exchange filing that these vessels already have existing charter contracts with "top-tier counterparties&...

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  • China's major ports' up 4.8pc in 5 months to 122 million TEU

China's major ports' up 4.8pc in 5 months to 122 million TEU

PORTS in China have posted a container volume of 122 million TEU, an increase of 4.8 per cent year on year January to May, reported the UK's Seatrade Maritime News.Overall cargo throughput came to 6.75 billion tons, a growth rate of 7.9 per cent.The top 10 container handling ports are Shangha...

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