The Hellenic Republic Asset Development Fund said last week the launch of the tender evaluation process would begin immediately.
Separately, the three Japanese ocean carriers - NYK, “K” Line and MOL - on Friday filed an agreement with the Federal Maritime Commission to merge container operations.
The sanctions, pursuant to the Iran, North Korea, and Syria Nonproliferation Act, will remain in place for two years.
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With capacity in the ocean carrier industry continuing to outstrip demand levels, many are left wondering what carrier is next in line for a merger or acquisition.
Orient Overseas (International) Ltd. Chairman C.C. Tung said 2016 saw some of the most difficult markets and an overhang of capacity.
China COSCO Shipping signed a strategic partnership agreement with Chery Automobile last Friday.