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Hanjin Shipping (Container Operations)

Hanjin was formed in 1977 and in 1988 merged with Korea Shipping Corporation, becoming Hanjin Shipping Company. Until 2009 the company was part of the Hanjin Group, and has several subsidiaries,...

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Overseas Shipholding Group (OSG)

Overseas Shipholding Group (OSG) grew out of the Maritime Overseas Corporation, founded in 1948. OSG, a Delaware corporation, was incorporated in 1969. The next year it was publicly listed on the...

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Chile: Further Capex Cuts

BMI View: Antofagasta, one of Chile's largest mining firms, announced it was cancelling its now US$1.7bn Antucoya copper project in the wake of rising costs. The move was the latest in a series of...

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Mitsui OSK Lines

Mitsui OSK Lines (MOL)'s container operations are relatively small compared with its dry bulk and tanker operations. In FY12 the container unit's revenue accounted for 37.9% of the group's total. In...

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Mediterranean Shipping Company (MSC)

Mediterranean Shipping Company (MSC) was founded in 1970 in Geneva, Switzerland. It launched its first service between the Mediterranean and South and East Africa in the mid-1970s. In 2003 it became...

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Renault Moves To Solar Power

French auto manufacturer Renault has announced that it is to introduce a total of 400,000 square metres of photovoltaic (PV) solar panels at six of its production sites in France. The company claims...

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Monthly Mining Project Roundup

Latin America and Africa were the main destinations for new mining projects announced over the past month and companies explored precious metal and copper deposits. Africa will remain a centre of...

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Weekly Mining & Projects Roundup

The FTSE 350 Mining Index has pared back some of its recent gains and is close to support around the 18,000 level. However, we do not think that the gains are over and expect a further move up to...

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Divide Widens Across The Pond

BMI View: As expected, weak demand continued to rein in price spikes in November. The Israeli bombardment of the Gaza Strip and a temporarily solution to the Greek debt crisis saw Brent rise to US$...

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