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WILL KARL LAGERFELD PARIS BE THE NEW ‘IT’ BAG?
It’s no secret that the bridge handbag market continues to be dominated by big brands like Michael Kors, Coach and Kate Spade. But with the same brands spending years at the top, the market is hungry for a new name. Enter, KARL LAGERFELD Paris. While the name itself may not be new to …
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Saadé: CMA CGM ‘on the look out’ for more acquisitions
Following the recent collapse of South Korean ocean carrier Hanjin Shipping, “there will be a wave of consolidation” in the industry and CMA CGM could participate even after its recent purchase of APL parent Neptune Orient Lines, according to vice chairman
CMA CGM’s short-sea subsidiaries acquire new containers
MacAndrews and OPDR will acquire 4,000 new 40-foot pallet wide high cube containers.
Report: CMA CGM vessel attacked by pirates
Six armed men boarded the 1,708-TEU containership Windhoek yesterday while it was at anchor in West Africa, stealing money and valuables before fleeing the scene, according to a report from maritime news outlet Splash 24/7.
AMI expands U.S. air cargo operations to Miami
The air cargo space wholesaler opened a new office in Miami, which will handle local cargo, as well as transshipments from its global network on their way to South America.
MPC Capital offloads eight containerships for $398m
The firm’s maritime investment subsidiary will sell a portfolio of eight 8,500-TEU container vessels to an unnamed Asian finance syndicate, which plans to continue to use the ships for charter operations.
Boeing, Airbus get green light to export commercial aircraft to Iran
According the Associated Press, the U.S. Treasury’s Office of Foreign Assets Control has granted permission to Boeing and Airbus to export commercial aircraft to Iran.
Abu Dhabi Ports reveals booming first-half results
The master developer and regulator of ports and industrial zones in Abu Dhabi saw a boost in net profits and revenues for the first half of 2016, and the amount of new land leased at the Khalifa Industrial Zone rose by 50 percent from a year ago.
Logistics software provider integrates with INTTRA
The European software company NaviTrans, which provides systems to forwarders, will enable access to INTTRA’s booking, shipping instructions and tracking solutions.