Asia-Oceania Archives - The Loadstar Making sense of the supply chain Mon, 04 Nov 2024 09:52:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 IPO brings in HK$941m for TS Lines to finance network expansion https://theloadstar.com/ipo-brings-in-hk491m-for-ts-lines-to-finance-network-expansion/ https://theloadstar.com/ipo-brings-in-hk491m-for-ts-lines-to-finance-network-expansion/#comments Fri, 01 Nov 2024 11:34:36 +0000 https://theloadstar.com/?p=283988 Taiwanese liner operator TS Lines’ initial public offering (IPO) on the Hong Kong Stock Exchange raised HK$941m ($121m) after its listing today.
The funds raised were, however, short of the $145m TS Lines had originally targeted.
The company issued 250m shares at between HK$3.50 and HK$4.50 each, with the final offer price at HK$4.18 (US$0.54) per share.
JP Morgan and China Merchants Securities were joint bookrunners for the IPO, which was subscribed 12.09 ...

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]]> https://theloadstar.com/ipo-brings-in-hk491m-for-ts-lines-to-finance-network-expansion/feed/ 2 283988 Beebird Logistics – the curious case of the vanishing logistics company https://theloadstar.com/beebird-logistics-the-curious-case-of-the-vanishing-logistics-company/ https://theloadstar.com/beebird-logistics-the-curious-case-of-the-vanishing-logistics-company/#respond Tue, 09 Apr 2024 12:28:09 +0000 https://theloadstar.com/?p=268916 An odd case of a courier firm in Western Australia serves as a reminder of the pitfalls in using small logistics providers, on several levels.
Now you see it…
There is a difference between an actual logistics company and a scam using logistics as a facilitator.
So when I saw this news article regarding a small logistics company in Perth “disappearing” I was somewhat surprised it was an actual company with offices and ...

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]]> https://theloadstar.com/beebird-logistics-the-curious-case-of-the-vanishing-logistics-company/feed/ 0 268916 MSC-Zim alliance strengthens, with VSAs ‘across multiple trades’ https://theloadstar.com/msc-zim-alliance-strengthens-with-vsas-across-multiple-trades/ https://theloadstar.com/msc-zim-alliance-strengthens-with-vsas-across-multiple-trades/#respond Thu, 07 Sep 2023 12:20:21 +0000 https://theloadstar.com/?p=254400 The world’s largest container line, MSC, is joining in an alliance with tenth-ranked Zim across “multiple trades”, as both carriers prepare for life outside their cooperation with Maersk within the 2M Alliance.
The Israeli carrier said it had made “a new operational agreement with MSC, encompassing several trades”.
Zim explained: “The cooperation scope includes services connecting the Indian subcontinent with the east Mediterranean, the east Mediterranean with Northern Europe and services connecting ...

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