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Saturday, September 21, 2019

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Market expectations from DNV and GL merger

Posted to Market expectations from DNV and GL merger (by Joseph Fonseca) on January 23, 2013

The recent announcement of the merger of the two classification societies Germanischer Lloyd (GL) and Det Norske Veritas (DNV) seems to have caused an unsettling effect on shipping companies, classification societiesand others related organizations.

China looks inwards as export demand remains weak

Posted to Far East Maritime (by Greg Knowler) on October 25, 2012

China became known as the world’s factory by offering manufacturing costs that could not be matched by the developed nations. Its wages paid to uneducated rural migrant labour were a fraction of the mostly unionized pay required in the West, and land for factories was plentiful and cheap.