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Hapag-Lloyd Completes Integration of UASC

German shipping giant Hapag-Lloyd has completed the integration of UAE-based counterpart United Arab Shipping Company (UASC) into the group on November 30. The companies merged on May 24, 2017, and...

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Pan Ocean to Invest in Six New VLOCs

South Korean shipping company Pan Ocean informed that it is investing in the construction of six very large ore carriers (VLOCs). Pan Ocean has earmarked KRW 483.1 billion (USD 444...

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