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With responsibility for managing one of the world’s foremost shipping channels, this agency set out to estimate how a planned $5 billion expansion would impact its revenues. Its managers successfully predicted how the canal’s expanded capacity might transform its market share – including a 140% increase in petroleum products transit by 2017.Learn More About Our Customers Success
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This story originally published on Fairplay.IHS.com. Donald Trump’s presidency should boost fee prospects within New York’s maritime services cluster, according to lawyers, bankers, owners, and other industry players interviewed by Fairplay. Because Trump is not a political insider, his tenure implies a greater potential for change – for tra..more
This story originally published on Fairplay.IHS.com. Shipping bosses come in different breeds. Some rise to the top after careers in banking. Others hail from multigenerational ship-owning families and are born to take the helm. Still others – like Chembulk Tankers CEO Jack Noonan – ascend to the corner office after years of getting their h..more
This story originally published on Fairplay.IHS.com. Private equity (PE) groups may be much less interested in taking shipping equity stakes than they were several years ago, but they have not disappeared. “They’re still coming in, but it’s very selective, because they’ve seen a lot of their compadres getting their fingers burnt, so I think th..more